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Money Mind Over Matter

Money can be a touchy subject.

From infancy, our family’s beliefs and practices around money have influenced how we view our finances.

Did you grow up with: Only people who work hard are successful.  Get a good education and a good job.  Don’t get into debt.  It takes money to make money.  The rich get richer and the poor get poorer.  It’s just not meant to be for us.  Ever heard any of those as ‘true-isms?’

Many of us also believe we are inherently bad with money. We can’t make it, we can’t save it, and we sure as heck don’t know how to keep it or invest it (if we had it in the first place, that is!)

If this is our dominant belief, it sure can keep us stuck. Have you ever noticed that what we focus on expands and plays out?  Things will go wrong with my job!  The kids are going to muck everything up!  I never get this recipe right!  I’m clueless about money!  If you constantly believe any of those things, they  usually come to pass.  Thoughts of being bad with money, or anything else, then keep perpetuating themselves.

Ever noticed how when you really don’t want something to go wrong, and you visualise it going pear-shaped – it usually does?

If you believe in the power of positive thinking, could you start saying affirmative things like: I trust my intuition.  My job will be fine.  I am a good cook. The kids are great. I make good decisions about money. I am smart when it comes to money. I am worthy of making good money.  I will learn about money.  I will find ways to invest wisely.

Positive thinking is a mental and emotional attitude that focuses on the bright side of life and in turn, expect positive results.  A positive person anticipates happiness, health and success, and believes that they can overcome any obstacle and difficulty.  Some believe it’s a complete load of rubbish, yet many are coming around to the effectiveness of a positive mindset.

Like every other part of our lives, our money and finances can start with positive beliefs and yes, they really do take time to become entrenched habits.  So best start today!

I know what you’re thinking, and you’re right!  A few affirmations isn’t going to turn you into Warren Buffet, but chances are, your outlook improves, your confidence rises and you’re better set to tackle any life or financial curve balls that come your way.

Do you believe positive thinking can help turn finances or any part of your life around?  I’d love to hear your take on it!

What does Success mean to you?

Many people don’t know what type of marker they need to reach to feel ‘successful.’

A lot define success in terms of wealth.  But if it’s just a money goal you’re striving for, chances are, it keeps changing. If it’s being married, that also moves possibly to having kids – even high achieving, brainy, successful, happy, sporty kids. If it’s owning property, that too can change.  Is one enough?  Two or three?  How big do you want this portfolio to be?  Is it having $1 million in the bank?  Or as simple as an emergency fund of $5,000 set aside?   Do you ever think, “I’ll be a success when…  ”

As it turns out, Credit Suisse advised in 2013 that Aussies are the world’s richest people, according to the median wealth of adult Australians.*

So, let’s take a step back.  Figure out what needs to happen for you to feel like you are a success. What is it for you?  Each of us have very different measurements for success.  It might be achieving and maintaining a goal weight.  Conquering a fear. A visit to a country you’ve always dreamed of going to.  A happy life partnership.  Maybe a couple of kids.  A job that pays the bills.  Inner calm.  Health.  We all have different measures – time to find out what yours is.  You might find that financial goals are way down the list.

The important thing is to give yourself plenty of ways to feel successful.  Chances are, you are already successful; you just don’t allow yourself to feel it because there’s always something else you’re focusing on.

Each day, allow yourself to feel successful. Try and relax into a whole other way of seeing what is already working for you.  Congratulate yourself that you made it through another day.  There’s food on the table, a roof over your head, some dollars in your pocket, work to be done and goals to still be met.

Many find keeping a gratitude journal and noting each day what good things happen helps them to feel content.  It’s the little things that count.  It might be as simple as not losing your cool when everything around you goes to pot!  (Winner, Winner, Chicken Dinner!!)  Let that put a smile on your dial!

Without trying to sound too ‘woo woo’ – there is external success that you can choose to measure by societal or personal standards; and then there is the internal success of knowing what and who you are, and being cool with that. This is quite possibly, the ultimate measure of success.

How do you measure your personal success?  Do you feel a success already?  Or is there one thing you want to achieve for you to know you’d ‘made it?’  I’d love to hear your take on success.

Time Flies!

So, for those of us who didn’t know… there are 8,760 hours in a year! Yep, that’s it.  And contrary to popular belief, we all get the same amount.

Have you ever noticed though, that some seem to be able to cram a whole lot more than others into their allocation of the same number of hours?

Some juggle families with successful businesses, travel and experiences.  Some are pleased to get out of bed, get the kids to school, remember to clean their teeth and fall back into bed each night after feeding the tribe.

Sometimes, our circumstances dictate how we spend our time, and other times it’s a choice.

Try and consider every hour as a blessing. Make it worthwhile in the way only you can by working out your priorities.  As they say, ‘every day above ground is a good day!’

Time is going by so fast and we often aren’t aware of how mindlessly we spend our precious time.  It doesn’t seem that long ago I brought by precious babies home from hospital, and now they’re 17 and 19 – how did that happen?

Learn to be mindful of how you waste hours – is it social media? TV?  Seasons and seasons of Netflix? Shopping?  Most of us wish there were more hours in the day to accomplish what we’d like.  So, buy out time… if you can.

Last time I checked, popular opinion was that ‘time is money.’  How do you value your time?  Maybe put a dollar value on it and see if you’d do things differently.  If you value your private time fiercely, make it a high number – maybe $300 an hour – what then would you choose to spend it doing?

Is spending more time travelling a priority?  Catching up with family and friends our first goal?  Being there for our kids as they grow?  No-one ever died wishing they’d worked more hours.

What do you want to do more of?  What do you want to really focus on?  Starting with goals can be the beginning of a beautiful thing.

I’d love to hear what you want to do more of… and how you plan to fit it in to your busy life.