&l;p&g;&l;img class=&q;wp-image-276 size-full&q; src=&q;http://blogs-images.forbes.com/margueritacheng/files/2019/02/Chinese-New-Year.1-e1549983059702.jpg?width=960&q; alt=&q;&q; data-height=&q;419&q; data-width=&q;550&q;&g; Chinese Year of Pig
Most people want to &a;ldquo;bring home the bacon&a;rdquo; in the form of a great job, business, or investment. And for these people, I have some great news&a;hellip;
2019 is the Year of the Pig.
The beginning of the Chinese New Year coincides with February 5, 2019, on the Western calendar. Also known as the &l;span&g;&l;a href=&q;http://www.china.org.cn/english/features/Festivals/78322.htm&q; target=&q;_blank&q;&g;Spring Festival&l;/a&g;&l;/span&g;, Chinese New Year the longest and most important celebration for Chinese families across the globe.
Because the Chinese calendar is lunisolar&a;mdash;meaning it is based on both lunar and solar cycles&a;ndash;New Year&a;rsquo;s is celebrated on a different date each year, with a different animal being placed at the center of attention. Put simply, the 12-year repeating cycle of the &l;a href=&q;https://www.chinahighlights.com/travelguide/chinese-zodiac/story.htm&q; target=&q;_blank&q;&g;Chinese zodiac&l;/a&g; celebrates a new animal each year, and luckily for pigs, 2019 is their year.
Like anything else in life, the pig has both positive and negative qualities. The positive traits associated with the pig include reliability, honesty and kindness, while a pig&s;s weaknesses include laziness, naivety, impulsiveness, and a lack of communication skills.
Fortunately, pigs who have found themselves shaking their head can turn negatives into positives if they commit themselves to working on what they find most challenging.
Here is how pigs can leverage their strengths to create strong financial positions for themselves in 2019.
Pigs are known for their reliability and attention to detail, and they often show others that they can be counted on in any situation. In financial matters, this means that pigs are usually very good at saving money and having a rainy-day fund when times get tough. This also means that they usually make payments on time and don&a;rsquo;t have too many issues with paying bills or overspending. Even though a pig&a;rsquo;s ability to be detail-oriented can help them by keeping track of deadlines and due dates, some pigs may find it difficult to follow through. For these pigs, hiring a financial advisor and having someone that can hold them accountable while teaching them wealth-building skills may be desirable.
Even though pigs are extremely honest with other people, they may struggle with being honest with themselves. This means that some pigs may struggle to understand how much money they spend or any poor financial habits they may have formed over time. When it comes to marriage, a pig&a;rsquo;s honesty is usually very beneficial for the relationship&a;rsquo;s finances. A pig will often let their partner know if they have debt or other obligations, such as child support or alimony. Being honest with yourself and your partner about money up front can help avoid having to put out fires.
People born in the Year of the Pig are often very kind and take the time to think about others.
A good way to show kindness in the financial realm is through impact investment. &l;a href=&q;https://thegiin.org/impact-investing/&q; target=&q;_blank&q;&g;Impact Investments&l;/a&g; are investments that strive to create positive impacts beyond just financial returns&a;mdash;meaning, they want to benefit the globe socially and environmentally as well as economically.
Although there are many different types of impact investments, one popular type is a social impact bond. A &l;a href=&q;https://www.investopedia.com/terms/s/social-impact-bond.asp&q; target=&q;_blank&q;&g;social impact bond&l;/a&g;(SIB) is an agreement with the public sector or governing authority that pays for better social outcomes in certain areas or for certain populations.
Some groups of people who may feel the benefits of impact investments are those who are living in poverty, marginalized populations, vulnerable groups (such as the elderly or victims of national disasters), those with disabilities, and the undereducated or unemployed.
So, If there are any pigs out there who are striving to improve their financial situation while simultaneously helping the communities surrounding them, SIBs may be calling their name.
People born in the Year of the Pig are energetic and enthusiastic even in the most mundane situations.
When they want to invest or make a purchase, they don&a;rsquo;t do it by moping around. They are energetic and let people know about it. This abundance of energy could be used when saving money by thinking up fun ways to put aside funds or by engaging in a friendly competition with a friend. The natural positivity in pigs also gives them an advantage over people born in other years because their positivity allows them to change behaviors more easily and quickly than others. This means that pigs who are currently struggling financially and want to make a change will find that they can achieve success because of their higher-than-average levels of optimism.
In Chinese culture, pigs are a symbol of wealth, which is great news if you&a;rsquo;re a pig. Strategizing, planning, and sticking to those plans can help pigs advance by leaps and bounds financially if they have the determination to improve their current financial situation.