You know being financially secure is an essential part of your overall well-being, and you’re consciously trying to put things in place to improve your financial outlook. So why aren’t you seeing some significant improvements in your bank statements? If you’re looking toward a future event to spark that upward turn in your financial life, you’re in good but potentially financially stagnant company.
Do you find yourself saying any of the following things?
I’ll be financially secure once…
- I pay off my student loans
- My car is paid for
- My kids are out on their own
- I pay off my house
- I publish my book or launch my course
- My rich uncle dies & leaves me some $$$ (…and where can we all find a rich uncle?)
- I have a fully self-pay private practice
- I get married
- I get divorced
- The democrats leave office
- The republicans leave office
- I move to a less expensive part of the country
- My relative or friend pays me back the money they borrowed from me five years ago
What’s so wrong with this perspective? I mean, isn’t it true that having a financial windfall or paying off debt will create more financial stability?
The honest truth: Long-lasting financial security does not happen when an event occurs but when we change the way we approach earning, spending, saving, investing, and giving. Doing our own work in all these areas allows us to foster a healthier relationship with money and achieve financial balance and flow.
If you’ve worked hard to earn more income in your private practice, but it seems like your gains vanish shortly after hitting your account, sit with this exercise:
- Notice what it’s like for you to earn more money.
- Think about the money accruing in your account. See the numbers rise. Notice what comes up for you as the income keeps coming, and the hundreds more turn into thousands and more thousands…
- Is there a number that feels “just right?” Is there an amount that feels like there’s “too much?”
- Are there any “shoulds” that surface for you as you notice your account balance going up? Is there any tension around what to do with the money? Any impulses to reward yourself? Just be aware of what’s coming up for you. Feel free to jot down a few thoughts or revelations you’ve had as a result of this short exercise.
You don’t have to be a financial psychologist to know that people generally have inner struggles when it comes to their financial life. It does, however, help to explore the findings from financial psychology research and apply them to your own blocks around money. In The Financial Flow Program, you’ll uncover your own unhelpful money beliefs, understand where they come from, and dissolve the unhealthy relationship patterns you’ve developed with money so you can unblock the financial flow into your life.