Managing Your Money: The Adventure
Managing Your Money: The Adventure
The subject of budgeting, paying off debt, and making wise investment choices has been coming up all around me this past week. Most times, these subjects are brought up with a lot of concern and heaviness. As you know, if anything is becoming a drag, you are probably not going to have the outcome you truly desire. Also, the whole process won't be fun.
Wouldn't you like to have a good time managing your money?
We should probably make the first step to not call it "managing." Make up another name for it. How about expanding my worth? Or playing with my cash? As long as you can relate to what you are doing in a way that makes you want to focus on it.
I'm going to first address paying off debt. This is usually a high priority with both my clients and our participants in The Prosperity Game teleclass. There are only a few reasons to pay off debt. Find out what your reason is before you decide it is a goal. It may be because it gives you a sense of security to know you don't owe anybody anything. Or, you may have grown up thinking debt is a bad thing. Or, you may have been told that you can't get a loan for house until your debt ratio goes down. Some folks don't like to pay interest on their debt. All of these reasons are valid.
Before you begin your quest for exterminating debt, know what paying off debt will give you. Is it security, freedom, a new home, money to spend on investing, freed up credit to purchase a toy, or something else? Then put all of your intention on how awesome it's going to be to have that. Get excited.
Next, make a game plan that actually feels good. Some of you will really need a lot of structure. Some of you will cringe at that thought and you want there to be only a few rules you create around this goal. The point is that there is no right way to do this. There is only the plan that feels good, one that kind of feels good, and one that feels like you're being punished. I know this seems over-simplified, but it is this simple. Get excited about what your goal will give you, find a way to do it that inspires you, and then have at it. Oh yeah, and never beat yourself up for going off course. So what if you take a detour?! There is no debt police watching over you. It may truly feel that way, but you are absolutely in control of your life, always.
On to budgeting ... I cringe at the thought of budgeting. It makes me feel restricted and then I end up feeling a lack of money. Then I attract more lack. Then I finally rebel and spend more money than I'm bringing in. If you feel this same way about budgeting ... never do it! It will not serve you. If a budget feels good because it gives you structure, do it! Leave enough room in it so that you still feel you have money to play with. Play money is what will help you attract even more money.
A simple system will work for most folks. My system is this: Pay bills weekly, pay as much as possible on debt (or pay off bills in full), my investment and savings money is automatically deducted every month out of my checking. If I ever need more money than I have in my checking, I set an intention for money to come or find a creative solution. It always works out.
TRUTH: Money is never the problem. It's the way you are thinking about the money or yourself that is the problem.
Now it's time to talk about investing. Some folks know a lot about investing, some enough to get by, and others know nothing. Some people have fun with it, some like to hand it all over to a professional, and some resist the whole topic because they are straight up scared. Did you know that you actually get to choose the way you perceive investing? Did you know that you could make a lot of money with just a few simple steps? It's a no fail plan. If you trust this process and play with it until you really get it, you will blow everyone around you away.
Choose how you want to be as investor. What is your risk tolerance? You choose if it will be a fun game or if you want to feel victimized. You ARE in charge of how it goes. What kind of people do you want on your investment team? Are you willing to say no to any person or investment that is not a right fit for you? You are totally capable of making decisions.
• Decide that you are a person who is worthy of having abundance come easily to you, now. (You are worthy, but somehow you've talked yourself into thinking it's got to be a struggle, or money only comes in waves, or someday you'll have prosperity.)
• Set your intention for what you want the outcome to be. Only be specific to the point that it feels good. If putting a date on your goal feels like pressure, take it off.
• Focus on the outcome of the goal and how good it will feel. Act like a wealthy and worthy person. Think big, peaceful, and abundant thoughts.
• Take action from that place of being wealthy. Take actions that feel good. Listen and honor your intuition, even when it doesn't make sense. If you've hired a stockbroker and something isn't sitting right with you, say or do something to make it feel good.
• Expect positive outcomes from every action. Just because something looks like it's not working, don't assume that it's not (go rent the movie "Karate Kid"). The investment may turn around or you will learn something very valuable that will make your next choice even wiser.
• Be willing to make mistakes and lose money. This will have you playing more abundantly and free up your mind. If you play to win rather than playing to lose, you will reap big rewards both emotionally and in your bank account.
• Have fun or why the heck would you do it?! You invest to bring you peace, joy, and freedom. Have these 3 things while you are in the process of receiving your outcome.
• Be willing to have your solutions look different than you thought they would. Always think outside of the box, or hire someone that does.
• Do enough research to feel grounded in your choices.
• There are no rules except to feel good about what you are doing. Do what works for you. You'll know it's working because it feels fun and proof will be showing up all around you.
Managing Your Money The Adventure - To learn more about this author, visit Jeanna Gabellini's Website.
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I know this article is long, but I feel it is worth the time to read it. The process is so simple, and it can work for everyone with immediate results and a lot of joy.
The subject of budgeting, paying off debt, and making wise investment choices has been coming up all around me this past week. Most times, these subjects are brought up with a lot of concern and heaviness. As you know, if anything is becoming a drag, you are probably not going to have the outcome you truly desire. Also, the whole process won't be fun.
Wouldn't you like to have a good time managing your money?
We should probably make the first step to not call it "managing." Make up another name for it. How about expanding my worth? Or playing with my cash? As long as you can relate to what you are doing in a way that makes you want to focus on it.
I'm going to first address paying off debt. This is usually a high priority with both my clients and our participants in The Prosperity Game teleclass. There are only a few reasons to pay off debt. Find out what your reason is before you decide it is a goal. It may be because it gives you a sense of security to know you don't owe anybody anything. Or, you may have grown up thinking debt is a bad thing. Or, you may have been told that you can't get a loan for house until your debt ratio goes down. Some folks don't like to pay interest on their debt. All of these reasons are valid.
Before you begin your quest for exterminating debt, know what paying off debt will give you. Is it security, freedom, a new home, money to spend on investing, freed up credit to purchase a toy, or something else? Then put all of your intention on how awesome it's going to be to have that. Get excited.
Next, make a game plan that actually feels good. Some of you will really need a lot of structure. Some of you will cringe at that thought and you want there to be only a few rules you create around this goal. The point is that there is no right way to do this. There is only the plan that feels good, one that kind of feels good, and one that feels like you're being punished. I know this seems over-simplified, but it is this simple. Get excited about what your goal will give you, find a way to do it that inspires you, and then have at it. Oh yeah, and never beat yourself up for going off course. So what if you take a detour?! There is no debt police watching over you. It may truly feel that way, but you are absolutely in control of your life, always.
On to budgeting ... I cringe at the thought of budgeting. It makes me feel restricted and then I end up feeling a lack of money. Then I attract more lack. Then I finally rebel and spend more money than I'm bringing in. If you feel this same way about budgeting ... never do it! It will not serve you. If a budget feels good because it gives you structure, do it! Leave enough room in it so that you still feel you have money to play with. Play money is what will help you attract even more money.
A simple system will work for most folks. My system is this: Pay bills weekly, pay as much as possible on debt (or pay off bills in full), my investment and savings money is automatically deducted every month out of my checking. If I ever need more money than I have in my checking, I set an intention for money to come or find a creative solution. It always works out.
TRUTH: Money is never the problem. It's the way you are thinking about the money or yourself that is the problem.
Now it's time to talk about investing. Some folks know a lot about investing, some enough to get by, and others know nothing. Some people have fun with it, some like to hand it all over to a professional, and some resist the whole topic because they are straight up scared. Did you know that you actually get to choose the way you perceive investing? Did you know that you could make a lot of money with just a few simple steps? It's a no fail plan. If you trust this process and play with it until you really get it, you will blow everyone around you away.
Choose how you want to be as investor. What is your risk tolerance? You choose if it will be a fun game or if you want to feel victimized. You ARE in charge of how it goes. What kind of people do you want on your investment team? Are you willing to say no to any person or investment that is not a right fit for you? You are totally capable of making decisions.
• Decide that you are a person who is worthy of having abundance come easily to you, now. (You are worthy, but somehow you've talked yourself into thinking it's got to be a struggle, or money only comes in waves, or someday you'll have prosperity.)
• Set your intention for what you want the outcome to be. Only be specific to the point that it feels good. If putting a date on your goal feels like pressure, take it off.
• Focus on the outcome of the goal and how good it will feel. Act like a wealthy and worthy person. Think big, peaceful, and abundant thoughts.
• Take action from that place of being wealthy. Take actions that feel good. Listen and honor your intuition, even when it doesn't make sense. If you've hired a stockbroker and something isn't sitting right with you, say or do something to make it feel good.
• Expect positive outcomes from every action. Just because something looks like it's not working, don't assume that it's not (go rent the movie "Karate Kid"). The investment may turn around or you will learn something very valuable that will make your next choice even wiser.
• Be willing to make mistakes and lose money. This will have you playing more abundantly and free up your mind. If you play to win rather than playing to lose, you will reap big rewards both emotionally and in your bank account.
• Have fun or why the heck would you do it?! You invest to bring you peace, joy, and freedom. Have these 3 things while you are in the process of receiving your outcome.
• Be willing to have your solutions look different than you thought they would. Always think outside of the box, or hire someone that does.
• Do enough research to feel grounded in your choices.
• There are no rules except to feel good about what you are doing. Do what works for you. You'll know it's working because it feels fun and proof will be showing up all around you.
Managing Your Money The Adventure - To learn more about this author, visit Jeanna Gabellini's Website.
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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