Three acts of self-love to improve your finances
Numerous studies in the past have proven the correlation between financial issues and mental health. Money mismanagement leads to stress, anxiety, and even depression. As one gets mental health issues due to lack of funds, there’s a higher probability of being unable to further fix financial problems.
Attempting to put an end to this, we go back to the basics by expressing our self-love through our finances. Below are some methods that can help to slowly but surely eradicate personal cash flow issues.
- Take time to deeply understand your relationship with money
An effective money management technique is not a one size fits all approach. A specific system may be effective to one person but not to another. In order to fully understand what triggers excessive spending and unintentional splurges, take time to reflect.
Ask yourself: how do you plan to earn, spend, save, share, and invest. These kinds of decisions are directly linked to one’s financial fears, dreams, childhood histories, and relationship dynamics. This makes introspection an important first step.
- Practice having a positive money mindset
Your financial journey does not only involve physical and mental facets of your life but also your spiritual aspect. Best to recite a positive money mantra during your daily affirmations in order to manifest a good financial standpoint.
Money mantras are short, powerful statements that you proclaim everyday to build your money confidence, attract abundance, and achieve your financial goals.
- Incorporate healthy money habits in your daily routine
Tracking one’s expenses, even just for a day, can be tedious for some. In order to build this habit, try to weave this action into your daily routine until you get used to looking at how you fared for the day.
Say you’ve successfully built this habit for a month, it’s now time for you to analyze your expenditure data. Check which among your financial habits do not align with core values and long-term goals. For someone eyeing to buy his/her dream house at a specific age, racking up more unnecessary expenses may make this goal harder to reach.
Fixing one’s financial situations isn’t like a walk in the park. You have to be patient, be kind to yourself, and show up everyday to make things work.
In case you need a helping hand, SAVii is always here to provide you with beneficial financial solutions. Feel free to reach out to us anytime!