Whether you’re looking back on the year or looking ahead, now is a great time to reflect, reassess and recharge your actions to create lasting changes; especially when it comes to your finances. Take a stand for yourself and your money and consider taking these 14 action steps towards your financial freedom:
1. Leave your money story behind and start anew.
What you focus on expands and when it comes to money, giving power to beliefs like “Money is the root of all evil” or “I’m not good with money” contradicts your ability to be clear, take the best actions and attract new opportunities for increase. Hang up that old story and start anew. Your relationship with money isn’t one you can afford to mess up.
2. Define what money is and why having it is important to you.
In order to lead money where you’d like it to go, you have to understand what it means to you, what having it looks like and why it’s so important for you attain it. Honestly ask yourself: Do I enjoy working for money or would I like it to work for me? Does money represent the energy I give and receive it with, freedom, security, stability, none or all of the above? How would I love to feel about money? Dig deep and really feel into what feels best for you and your desires.
3. Educate Yourself.
I hinted at working for money in the previous paragraph but overall the goal is to have money working for you as often as possible. Do your research and get familiar with all the ways you can increase your net worth by reading books and articles, taking online classes and training, talking to your bank reps and seeking out the assistance of a financial coach or planner, if need be.
4. Stop accepting the leftovers.
Most of us have a tendency to put money into savings after we’ve paid the bills and taken care of everyone else (if we’re saving at all), but what does that leave us with? The leftovers. And what does that do? Send out the energy and message that we aren’t ready to be paid for the effort we’ve put out. If you can’t pay yourself it’s going to be hard to convince others to so lead by example and put yourself first. 10% of your earnings is a great place to start.
5. Check your balance daily. And I do mean daily.
Imagine that your money is a loved one, locked in a cell, just waiting to be released and you only get one opportunity daily to show them love, gratitude and support their desires. Call your money daily and don’t just run through the motions; listen to each prompt fully. Once you’ve heard it, thank your money, let it know you appreciate it for being what it is and close the call letting it know that you are committed to its release and increase as well.
6. Track everything.
Keep an envelope with you at all times and ask for a receipt every time you conduct a transaction. You may start out tracking your expenses for a week or two but tracking for a month will increase your ability to see exactly where it’s going so you can redirect it accordingly.
7. Cut Back to Cut the Check.
Take the time out to cancel old subscriptions and services that aren’t being used or haven’t been for some time and take a look at everything that you’re currently using. Are your apps contributing to high data rates and gigabyte usage monthly? Do you need all those apps? Can you switch services or downgrade? If you’re on the go a lot do you really need that cable subscription? De-clutter unnecessary spending and cut yourself a check; most times it’s just a phone call away…
Read more at I Don’t Do Clubs.