People who are masters in their trade helping others to reach their goals tend to follow a certain theme. They all believe that you have to have 'healthy relationships' with behaviors and actions that impact your personal outcomes. Whether it's diet, nutrition, work, or finances, developing healthy relationships with activities and behaviors is extremely important and it takes time to develop.
What does it mean to have a healthy relationship? Having a healthy relationship with something means that it does not cause added difficulty in your life and that you are generally content with the outcomes.
Having a health relationship with money means that your spending, acquisition, and management of money is not producing difficulties for you now or in the future and that you are generally content with the outcomes.
Stop and ask yourself these three questions:
1) Do I know how much money I have left over at the end of every month?
2) Do I know exactly how my money is working for me?
3) Am I happy with my financial progress?
4) Do I feel like I have control of my money?
5) Do I feel like I'm financially organized?
If any of these questions were difficult to answer, BTI would like to offer a few suggestions for improving your relationship with your money.
1) Learn As Much as You Can
Knowledge is power. Check out BTI's recent podcast and follow Goldfinch Athletics where we talk about how money should not be used as a starvation mechanism but can instead be leveraged as a tool to create and support your dream life.
2) Get Intimate With Your Money
You know excise and eating right are important, but your financial health impacts your psychological and physical state as well. Spend just 5 minutes with your money every day. The more time you spend with your money the more intimate and healthy of a relationship you form.
3) Define Your Goals
Have you sat down independently or with your spouse and mapped out your short term and long term goals? Please do this. When you know what you're working towards, and when you and your spouse agree on the vision, you become more targeted in your spending, investing, and your dreams become more attainable. You'll also find that it's easier to say no to things you don't actually want, when you know what kind of life you're working towards.
4) Build A Team
Find friends and mentors who are doing things better than you are. Actually, find the people who intimidate the $hit out of you who are living the life you want to live. Invite them for coffee and pick their brains. What you'll find is that successful people WANT to share with you their experiences and knowledge. You'll be amazed at what you learn and the type of relationships you cultivate. Stack your team with positive, smart, and motivated people.
There isn't room on your ship for those who are negative or don't believe in you. They may hold a place in your life, but they don't get a seat at the table when it comes to you, your goals, and the life you're building.
5) Consider Your Emotions
How does money make you feel? Does it excite you, terrify you, intimate you? Ask yourself why you may be feeling these emotions and truly dig in. When you know 'why' you may have certain emotions or behaviors central to money, you understand yourself better and can make adaptions that support positive behaviors and mentalities.
6) Start Learning - Attend a Networking Event
Being around motivated, positive, and enthusiastic people eager to learn and teach others is exactly the type of environment you want to surround yourself in! BTI's "How to Increase Your Income" seminar is scheduled on May 24th at 5:30, Della Viti - Ames.
Learn how you can leveraging simple and sustainable practices to grow your income and build wealth!! It's time you start working towards living your rich life.
We're ready for you to build your rich life. Are you?
Schedule a free 15-30 minute consult with a BTI financial mentor.
Mention this this blog and get 15% off any service should you choose to engage. BTI offers monthly support, as well as 6 and 12 month engagements with options to renew.