The most important kind of capital


When it comes to saving, spending, how to manage your money and what to do with it, opinions on best practice are admittedly, a dime a dozen. All the advice and recommendations to do ‘X’ or ‘Y’ with your money will tell you how to get the most out of your money, but what does ‘getting the most out of your money’ really mean? At TWiCE, we know that for everyone, that means something different, but there is one goal that everybody has in common, to be happy.


Happiness comes in a lot of different forms, but in most cases, we need at least a little bit of money to be able to do the things that make us happy. That’s why no matter how much money you have, how much you’ve made in margin this month, what hot new investment you have, that’s your financial capital.


It's not you, and it's not your personal capital, that is the most important. If you aren’t investing in yourself and your happiness, what’s the end goal of having all this financial capital? Money doesn’t necessarily buy happiness, but it helps to have some along the way to finding what makes you happy. When you save and give things up so you can have something better later, you are investing in something that will benefit you, or make you happier in the long run.



TWiCE believes that if you invest in yourself, and your own personal happiness, you will end up with a better quality of life overall. That’s why when it comes to your work there are a few ways of doing it:


  • Either find a job you love and stick to it, because being brilliant at your job brings further opportunities to do more in the field or occupation that you’re passionate about, and with that can comes better pay and a bigger impact.

  • Or find a well-paying job that allows you to follow your passions outside of work. The money coming in from that job allows you to go on your holidays, pursue your hobbies, and enjoy life in your own time. This isn’t always for everyone, and it’s incredibly important to maintain a work-life balance. Working 60 hours at your job may start to affect your ability to do what you want personally. If your work and personal life end up blending it can leave you unhappy and less passionate, which probably isn’t the kind of life you want to lead.

  • Find something that you’re good at, and find a way to turn that into something great. If you’re brilliant at something there’s a chance you can build something out of it. If you can make a business out of what you’re passionate about you get to do what you love, and you can be your own boss.


Finding out what is right for you can be tricky, the same goes for your finances too. That’s why TWiCE is out in the community and hearing what everyone has to say. The more that we learn the more we can help everyone learn with us.

- Tom L


Disclaimer:  The above information does not replace financial advice.  Please ensure you seek independent financial advice before making any decisions regarding your finances.  We also recommend that you carry out your own research to ensure that this is right for your own unique circumstances.  Please note that we sometimes link to other websites but we cannot be held responsible for their content.



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