Money is one of those subjects that can bring out the best and the worst in us. It can be seductive, shameful, and trigger all of our emotional “stuff” more than just about anything in life.
Fear is one of the most common things my clients talk about when the subject of money comes up. Sometimes it’s warranted, but even when doing well many are haunted by images of becoming bag ladies living on the street.
The key to feeling better about money and bringing more financial peace into your life is all about balance.
- Balance between how much money you bring in and how much you spend.
- Balance with the quality of your thoughts about money, focusing on solutions and possibilities instead of fear.
4 Ways to bring more balance to your relationship with money
Know Where You Stand: Many of my clients resist looking at the numbers they have been avoiding. They don’t know how much they owe or spend, and don’t really want to go there, but this is one area where knowledge truly is power.
Facing the truth can also bring peace. Instead of having negative fantasies about where you stand, you are dealing with facts. And, when you know the truth, you can create a path to make it better.
Know What You Want and Why: When you are clear about your money goals and why they are important to you, it is more likely you will achieve them. I encourage my clients to journal and write down their goals. They also write why these goals are important to them and how they will feel when they reach them. This helps them tap into the feelings connected to the outcome they desire and make it more likely to happen.
Create New Money Habits: Adopting new habits will be easier than trying to use willpower. These habits may include waiting a certain period of time before you buy something you want, asking questions before spending, tracking your progress, or avoiding shopping malls or websites. You get to choose what will serve you best.
Set Up Structure and Strategies for Success: Putting systems in place is an important piece of the money puzzle. Decide when you will review accounts, how you will track your progress, when you will pay your bills or put money in savings ahead of time and put it on your calendar. After a couple of months you will appreciate the structure and find it hard to live without it.
Your relationship with money reflects your relationship with yourself and it will impact almost every aspect of your life. This is your opportunity, right now, to bring it into balance, appreciate what you have and be at peace with how it flows through your life.
If you would like coaching support in discovering and reaching your financial goals, I would love to talk to you. You can contact me here.