Did you know that finances are the number one voted stress in marriage? Millions of Americans live on only $2 a day. With this sad reality it’s important to remember those around us who are struggling.
As stressful as money can be, it can also be a very powerful tool. Did you know you can manifest more money into your life? Start by envisioning where you see yourself. How much money flows into your life, then start envisioning that daily. Pretty soon you’ll be able to see money coming into your life more than before.
However, manifesting isn’t the only way to receive money. Most of the reason people struggle is because of how much is spent versus coming in. By looking over your finances and creating a budget, you’ll instantly feel a weight lifted.
What I’ve always found to be the hardest part about creating a budget was sticking to it. It’s a harsh reality that takes time to master. You won’t instantly be good at sticking to it, but over time it will become easier.
Step one:
Only use cash. If you have a habit of overspending, only using cash will help you physically see what you have. When you take away the option to pay with a credit card, the debt can’t happen. You have no other choice but to stick to your budget, saving will be natural.
Step two:
Design a financial vision board. Where do you see yourself in 20 years? On a beach retired? Put it on there! Looking at your vision board will help motivate you when you really want to spend that little extra on something you don’t need.
Step three:
Find someone who will help keep you motivated. In other words, a “money buddy.” You’ll want to find someone with similar goals as you, then start meeting once a week for a money date. By having someone in your corner pushing you, you will reach your goals quicker.
Step four:
When paying off debt set yourself up for success. Start off small. By paying off your smaller debt you’ll be more motivated to continue paying off the higher and higher debt. For me, that includes paying off credit card debt, then car debt, then any other form of debt. Maybe school, home or surgery. When you see that smaller debt paid off, you’ll be ready and excited to pay off the next amount.
Step five:
Spend money on experiences, not things. Spending your money on a concert, or a mini-vacation will leave you with more happiness than that figurine you just found at Walmart.
RANDOM MONEY FACT
Gambling takes in more revenue than amusement parks, cruise ships, concerts, and sporting events combined. Yes, you read that right, combined. Roughly 35 billion each year!
There is more Monopoly money printed each year than actual US currency.
Did you know that from 1934-1969 they used to print 100,000 bill?
Step six:
Start saving as soon as possible. Stop making excuses and save today. Not tomorrow, not next year, not in a few days, TODAY! The faster you start, the faster you’ll see results.
Step seven:
Start a $1000 emergency fund. After you have your $1000, everything else goes to pay off debt. This is something Dave Ramsey teaches and I have learned a lot from it.
RANDOM MONEY FACT
The government has a secret service just to end counterfeit money.
The average kid has a monthly allowance of $65.
Fast food makes a rough $117 billion in a single year.
Retiring at 65 is a thing of the past now. Today it is 90% more common to retire at age 67.
It’s important to remember money is a tool, not something to make our life terrible. If you have a bad money mindset, you’ll never have enough. Every month will be more stressful than the previous.
By manifesting what you want, your mindset will slowly change. You’ll even be able to see that you have more than enough and can be comfortable in what used to stress you out.
I recommend following some of Dave Ramsey’s approach to money and spending. That has positively affected how I see and spend money.
All my love,
Talesha