It is easy for people to get defensive or feel ashamed when they are struggling with their finances. But here's the thing, where you are is just where you are, not WHO you are. Starting with this mindset will set you up for success!
The first step to creating healthy finances is to get clear on what your financial goals are. Start by writing down where you want to be in 1, 5 and 10 years time. Having clear goals will help you create even clearer action steps.
Most people don't like this next step, but in order to go where you want to go, you have to know where you've been. Take a look at your monthly spending: how much money do you have leftover each month after expenses? Is there leftover? Make it a game to see how much you can increase that leftover by removing any unnecessary spending, canceling subscriptions, and cutting out useless expenses.
Here's the best part - you get to give that money a plan! Tell your money where to go. The 3 areas your leftover money will go towards are: debt, investments and fun. Using the snowball effect, start by paying down your smallest debts. Once you've paid off a debt, take that money and add it onto the minimum payment of the next debt.
The key here is consistency. Make it fun, celebrate your progress and create your new belief about money.
BUT, if we break down faith, it’s simply having complete confidence or trust in someone or something. Why can’t that be you?
I promise you that no high achiever - someone who excels in every area of their life - has gotten there without complete trust and confidence in what they’re doing.
It starts with understanding your place in the world. So where does one begin? Oola Guys Dave & Troy suggest these three simple steps:
1. Don’t wait for crisis before exploring your why.
2. Plug into a community where you can learn and explore with others.
3. Give - it’s not always monetary, you can also give your talent and time. When you give purely you can’t help but grow.
And bonus - if you plug into a community, it’s highly likely that they’ll have faith in you too. Go get it friends! Go find YOUR Faith. Begin to explore and understand your place in this world and I promise big things will happen!