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The first step to becoming a financial woman is to decide why your money matters to you. One of the steps in this process is to look at every aspect of the life you have created up to now, and then define who you want to be: your style, your life, your dreams, and your goals; define what matters to you.
Examine your entire lifestyle: the car, the clothes, the jewelry, the boat, the career, the hobbies, the home and especially the job. Revisit it all because maybe the mindset that made those choices years ago is no longer valid, and maybe your precious time and money are supporting only habits that no longer reflect who you are and the life you truly desire. Your current financial situation is a reflection of the life you have created thus far.
By defining your true wants and desires, you’ll be able to clarify how much money you need to create the life you now dream of having. It might be less than you thought you needed, or it might be more. If it’s less, then you have discovered that you are in the blissful place of having “extra” money. If it’s more money you need, as is usually the case, then you can design a plan to create the life you want.
The driving force for your earning and spending habits will be getting the life you want (a pretty good motivator, when you consider that the alternative is having a life that you don’t want). This is your life you are considering here. You can then make sure you are spending your money on things that are aligned with the vision that you have for your life.
Your daily money habits become congruent with your vision. That is true financial peace. This will be the foundation for your commitment to growing your money.
Camille, this is great advice. How can anyone reach a goal if they haven’t written it out and stuck it on the wall? jl
I encourage a wealth journal, but also love white boards with big picture goals. It’s a great place to track monthly income and cash flow .