The 5 Money Myths That Are Keeping You Broke, Sis
Have you ever wondered why it seems as if you can never catch a break financially? Or do you find yourself complaining that you're "broke" more times than you would like to admit?
I want to let you in on a little secret: your money mindset plays a major role in the overall success of your finances.
Those myths that you keep telling yourself, and believe to be true, may be what's holding you back, boo. Most times you're thinking these things on a subconscious level and may not even realize the damage that's being done. But once you gain clarity and call out your limiting beliefs for what they are, you'll finally be able to break free and reach new levels financially.
Let's dig into a few myths that have a direct impact on your money and are keeping you BROKE.
1.“Money is the root of all evil.”
Nah, this right here is a straight up LIE! The truth is this: the LOVE OF MONEY is the root of all evil. When you think that money is the root of all evil, you're limiting yourself from keeping money, as well as receiving more of it. Without even knowing it, you might be scared of going after opportunities that will get you to the money.
Think about it. How can money be evil? Money is simply a resource that we control. Instead of believing and saying that money is the root of all evil, replace it with this supporting belief instead: "Money is a resource and a means to do good and live well."
2."I'm broke."
Broke is a mindset boo. Your financial situation is shaped by how you think about money, which influences how you manage your money. Guess what? If you keep crying that you're broke, you're going to remain that way. All you are doing is reinforcing that limiting belief into the universe and your actions aren't gonna line up with what you need to do in order to get ahead.
It's imperative that you get a grip on this way of thinking and behaving, or else you'll never be able to break the cycle. I challenge you to think more in terms of abundance and believing that you can be wealthy. Are you up for the challenge?
3."I can afford it."
You say that you can afford that pair of shoes and then turn around and realize that you don't even have enough money for gas the morning after. You can't just look at your checking account balance in the moment and think that everything is all good. Trust me, I've been there. This is where having a clear-cut, written budget comes in handy. A budget is really just a spending/savings plan. It's a strategic system that lets you know how much money is coming in and going out every month.
A budget can:
- Help you understand your financial situation and whether you can really afford something or not.
- Help you save for the things you want and do more of what you enjoy.
- Help you avoid getting caught short by bills you can't pay.
- Help you escape the paycheck to paycheck life.
4."I deserve to treat myself."
GiphyHow many "treats" do you need, sis? If you really sit down and keep it 100 with yourself, do you really deserve those so-called treats? Are you taking care of your responsibilities like you should be? Instead of buying things that you don't need (with money you don't have) and labeling them as a "treat," you should be treating yourself by investing into your future and saving some coins.
If you spend all of the money that you earn instead of saving and investing it, you will never create the financial abundance that you do desire to have. Here's a tip: Try putting both your short-term and long-term savings on auto-pilot so you don't even notice the money that you could be missing. When you don't have to look at it, you aren't tempted by any "excess" that you might have.
5."I need to make more money and then I'll be better with my finances."
If you can't manage the little that you have now, what makes you think that you're gonna be able to manage more money? The more money you make, the more you're gonna spend if you don't get those habits in check early on. You're going to go right back to complaining about your finances and crying that you're still broke and in need of even more money. You'll never be satisfied. There will never be enough money. Remember, there are former millionaires who are struggling out here in these streets because they wanted to live a "fake fancy" lifestyle and ball out of control.
Start by being content with the income that you currently have and handling it with better care. Learn the ins and outs of sound financial management now, so that when you're finally blessed with more, you'll be able to manage it with ease.
I challenge you to start thinking better, which will ultimately lead to you doing better. It's time to prioritize your finances in a way that you haven't done before if you want to level up this year. It's time to activate your discipline. It's time to finally do something different.
Make the commitment to yourself and decide that absolutely nothing's gonna stand in your way of breaking that broke mentality.
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Kristin Sutton (aka the Money Therapist) is a personal finance and lifestyle blogger/coach over at DebtFreeBlackGirl.com that empowers young women to take control of their finances by changing the way they think about money. As a licensed therapist, her daily mission is to uncover and eliminate the mental roadblocks that hinder people from living the life of their dreams. You can find her on all things social: @DebtFreeBlkGrl
ItGirl 100 Honors Black Women Who Create Culture & Put On For Their Cities
As they say, create the change you want to see in this world, besties. That’s why xoNecole linked up with Hyundai for the inaugural ItGirl 100 List, a celebration of 100 Genzennial women who aren’t afraid to pull up their own seats to the table. Across regions and industries, these women embody the essence of discovering self-value through purpose, honey! They're fierce, they’re ultra-creative, and we know they make their cities proud.
VIEW THE FULL ITGIRL 100 LIST HERE.
Don’t forget to also check out the ItGirl Directory, featuring 50 Black-woman-owned marketing and branding agencies, photographers and videographers, publicists, and more.
THE ITGIRL MEMO
I. An ItGirl puts on for her city and masters her self-worth through purpose.
II. An ItGirl celebrates all the things that make her unique.
III. An ItGirl empowers others to become the best versions of themselves.
IV. An ItGirl leads by example, inspiring others through her actions and integrity.
V. An ItGirl paves the way for authenticity and diversity in all aspects of life.
VI. An ItGirl uses the power of her voice to advocate for positive change in the world.
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Playa del Carmen is the perfect vacation getaway for anyone who loves beautiful beaches, delicious food, and fun activities. Located on the Caribbean Sea side of Mexico, PDC is nestled right between the spring break hub Cancun and the growing hotspot Tulum. Oftentimes overlooked for some of the other popular cities, I found Playa del Carmen to have just as much in terms of vacation necessities, with a more local and authentic Mexican feel.
The Ultimate Guide to Playa del Carmen
Playa del Carmen is perfect for a solo traveler looking to spend a few days in paradise or the group chat that wants to hang on the beach all day and turn up at night. I found the area to have a little bit of everything for everyone, so here’s my guide on where to eat, stay, and play for the ultimate Playa del Carmen vacation.
Getting Around
The easiest way to get to Playa del Carmen is to fly into Cancun Airport and then make your way south. You can rent a car and drive the one hour down to PDC, take a taxi, or you can catch the ADO bus, which will cost you less than $40 roundtrip. Overall, Playa del Carmen is an easy and safe city to navigate. If you stay on or close to Quinta Avenida (5th Avenue), you’ll be within walking distance to a ton of stores, restaurants, and nightlife. Most taxi rides were between 100 and 150 pesos, which is less than $10 USD. Renting a car is also an option, but with things being very walkable and taxis being fairly inexpensive, it’s not a necessity. Another great way to get around is bikes, which you can rent to use throughout the city.
Stay
The Thompson Hotel is for the folks who know that where you stay on vacation absolutely does matter. This luxury property offers chic rooms and upscale suites, onsite restaurants, and a spa for those who are looking to pamper themselves. One of the standout features of this property is the rooftop infinity pool, which has 360-degree views of the city and is absolutely stunning. This is your type of hotel if you value immaculate views, delicious eats, prime location, and live DJs.
Grand Hyatt offers a prime beachfront location, while also being steps away from the mix on Quinta Avenida. I like that this property allows you to take in the calm beauty of the Caribbean, while also being in close proximity to the action within the city. You get both authentic Mexican food and some international fare at the resort restaurants, and this property also has an infinity pool that gives views of the ocean.
Airbnb
If you don’t have the funds to spend on a hotel stay, but still want clean and comfortable accommodations, do not overlook Airbnb. You can find super reasonably priced apartments close to the strip that will leave you in the heart of all the action. Many of these buildings feature 24-hour security, infinity pools, top-notch gyms, and rooftop bars. This is a great way to save some money, while not sacrificing the quality of the accommodations you like.
Eat
One of the best parts of being near the Caribbean Sea is having access to fresh seafood, and Ictio Fish House is the place to go for it. Located just a block off of the 5th Avenida strip, this small seafood restaurant is a quieter change compared to some of the busier and more touristy restaurants located directly on the strip. They have both indoor and outdoor seating available, but if you can snag a spot at the bar, the service is top notch and you can watch the bartender put together your craft cocktail.
Everything they serve is delicious and tastes authentic, so you really can't go wrong when ordering. But to start, the crispy jumbo shrimp and calamari are perfect for sharing. Other must-try dishes are the garlic butter catch of the day and the adobo-styled octopus.
El Fogon
Ask anyone for a recommendation for the best tacos in Playa del Carmen, and I promise you they will point you to El Fogon. You know a spot is good when it’s filled with just as many locals as tourists, and there’s a line outside at 1 p.m. This no-frills spot serves up authentic Mexican favorites like el pastor tacos, chicken quesadillas, guacamole, and margaritas. Every dish comes with the fixings and is not only super filling but extremely affordable. You can easily get a full meal and a drink for less than $20 USD. They have more than one location, so you can taste some of their delicious tacos no matter what part of PDC you stay in.
L&L by Lara&Luca
Before you hit the beach for day drinking, you need a hearty breakfast from L&L to start your day. This cute cafe is the smaller “sister” restaurant to Lara&Luca, another popular breakfast and lunch cafe in Playa. I liked that L&L is less busy and more laid back than the other location. They serve up typical breakfast and lunch items such as eggs, coffee, sandwiches, and French toast.
My favorite item was the ham and cheese croissant, which could be enjoyed on their outdoor seating or taken to enjoy on the go. They also have yummy pastries, but these sell out quickly, so be sure to go early.
El Pirata
If you’re a fried fish lover like me and appreciate sea-to-table service, El Pirata is the place to go. This restaurant is tucked away towards the end of the main 5th Avenida strip, so you might miss it if you aren’t looking for it. The restaurant serves up a plethora of tasty dishes like fresh ceviche, garlic shrimp, and shrimp empanadas, and has a full beverage menu for your libation needs. However, the fried fish is truly the star of the show.
When you order, they bring to your table a few of the fresh fish that were caught that day and allow you to choose which lucky one you want them to fry for you. And let me tell you, picking your own fried fish just hits different! It was one of my favorite meals in Playa del Carmen.
Play
Food Tour
There are so many delicious places to eat in Playa del Carmen so taking a local food tour is the best way to try a little bit of everything. I love taking food tours when I travel because not only is it a great way to try a range of different local dishes, but the tour guides usually give you a history lesson during the tour where you learn more about the history of certain dishes and the country as a whole. In Playa Del Carmen, I took a local food tour with GetYourGuide, where we stopped at several different locations for tacos, fresh fruit juice, tamales, and more.
I value it when there’s a local leading the tour because it’s a way to support the locals and also learn things that only people native to the location would know. While we walked, the guide shared a lot of insight about Mexico and Playa del Carmen, while giving recommendations for places to eat during our trip.
Cenotes
Cenotes are natural sinkholes or underground caverns that have pools of water in which you can explore, dive, and swim in. You will find cenotes all around Mexico, but there are several in the Playa del Carmen region. Cenotes vary in size and also the depth of water, so even if you don’t know how to swim, you can find a cenote to explore at your own comfort level. Two beautiful cenotes you can explore near PDC are Cenote Azul and Cenote Dos Ojos.
Cenote Azul is perfect for snorkeling because of the crystal clear waters that allow you to see the colorful fish and plant life underneath. Cenote Dos Ojos is perfect for explorers due to the mesmerizing underground caverns and rock formations throughout. You can take a trip to the cenotes on your own or book a tour that may take you to several different cenotes.
Beaches
Playa Del Carmen has some of the most beautiful beaches in the Caribbean, so beach hopping is a must while vacationing in the area. Whether you want a chill, relaxing beach day or you are thinking of jet skiing on the blue waters, there is a beach for you. There are several beaches along the coast of Playa del Carmen, some that are within walking distance of most hotels, and others that you may need to travel to get to but are totally worth it.
Playa Mamitas is one of the most popular beaches in PDC due to its location near the heart of the city, and also because of the crystal clear waters and white sand. Playa Mamitas is also a great spot for entertainment and the occasional beach party for the folks wanting to turn up. Playacar Beach is another great option that is located in the upscale Playacar neighborhood, south of downtown Playa del Carmen.
It is known for its pristine beauty and laid-back atmosphere, making it a popular destination for travelers seeking relaxation and seclusion. Other beaches to consider are Punta Esmeralda and Xpu-ha Beach, so you’ll have an option for every day of your trip, depending on your mood.
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