• Melissa Walton-Jones

Finer Finance Fridays #6


I've made a few good decisions throughout my life that lessened the financial blow of the really bad ones I also made. When I was in my 20s and early 30s, I felt like I would be that age FOREVER. Sadly, that was not the case, and is never the case. Time passes. We get older. The decisions we make when we’re younger matter.

Thankfully, I graduated college with no student loan debt and attained a great job, with a pretty good salary. I immediately started contributing a high percentage of my salary to retirement accounts. I always drove reasonable cars, I still do, and I wasn't really into designer labels, I'm still not.

My mistakes came in the form of allowing other people to influence my behavior and halt my progress. I underestimated the power of the decisions I was making during those early years. The majority of my first two adult decades were comprised of financial decisions that launched me two steps forward and one step backwards.

When I made poor financial decisions, my mind made the situation feel worse over time. Like an infection that spread. Has that ever happened to you?

Well if it has, you're in good company. So, here are 5 action steps that helped me and can help you break the hold of previous mistakes:

  1. Learn from your mistake. Gag, right? But seriously, take 15 seconds to review the outcome. What did it teach you? Consider the fact that this mistake did provide a lesson for you, and that’s worth something.

  2. Forgive yourself. There is a lot of work to do today. Setting financial goals, working to earn money, pursuing those goals. You don’t have time to slap yourself on the wrist over and over for something you can’t change. Forgiveness shows a true step of courage. You are willing to face tomorrow without the burden of guilt you keep placing on your shoulders.

  3. Don’t do it again. I know it’s the obvious one, but I needed to hear this. So do you. Think about it. If you aren’t going to make the same mistake, then what needs to happen to prevent it? For me, I have to do what's in my best interest.

  4. Teach someone. Sooner or later, just like me, you will be presented with a chance to share your story. I don't usually share these kinds of things about my life, but blogging has been rewarding and helpful in the process of letting go.

  5. Ask/ Pray for help. I don’t know what your beliefs are, but I believe with all my heart that prayer really works. Why? Because of Who I am talking to.

"Let us then approach God’s throne of grace with confidence, so that we may receive mercy and find grace to help us in our time of need." – Hebrews 4:16

It is time to get your confidence back. Be patient yourself. No one is perfect. Mistakes happen. Learn from them. Forgive yourself. Don’t do it again. Teach someone else what you learned. You are never alone, ask for help! Last thing...DON'T LOOK BACK!

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PROUDLY ENDORSED BY: OMEGA IOTA ZETA CHAPTER │ STATE OF MISSOURI │ MIDWESTERN REGION

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Soror Melissa Walton-Jones, Zeta Phi Beta Sorority, Inc.

2020 Candidate for Re-Election: International Tamias