Woo-Woo-Free Money Mindset [OYF #1]

Did you think we were just going to jump into the money stuff? 

😏

We gotta talk about mindset first, sorry!

I’m going to be totally honest with you, I didn’t want to write this section at all.

I was thinking about finance is a black and white way. We have this amount of money, bills are certain amount, and whatever is leftover is for spending and saving.

But it’s not that easy, right? If almost all of us know basic personal finance principles, why don’t we all have good financial habits?

I think it comes down to mindset. 

Don’t worry, we aren’t going to make vision boards or talk about the law of attraction. 

I do want to address 5 things that will hopefully get you to start thinking differently about yourself and your finances.

Don’t worry, I’ll keep the cringe to a minimum.

Forgive Yourself

Maybe you made some mistakes before. Had too many credit cards, spent more than you earned, maybe you even ignored your finances and hoped things would just go away.

It’s okay.

Shit happens. 

That’s all in the past now, okay? 

The financial mistakes you made in the past aren’t a reflection of who you are today. They don’t define you. They are NOT tied to your self-worth.

Also remember that you can’t go back, what’s done is done. 

The best thing you can do now is make better decisions moving forward. And that’s what we’re gonna do!

Don’t Be Scared

Are you one of those people that avoid opening bills? Do you dread checking your balance? Does the thought of investing make you queasy?

I was the exact same way a year ago.

Here’s the thing: we spend so much time making our money. 

Do you have a typical 9-5 job? That’s over 160 hours a month that you spend working for your money.

You owe it to yourself to take control of it. 

Yes, you might not be in an ideal situation financially, but you can’t fix it by burying your head in the sand. 

Don’t be scared, okay?

Know Your Why

Okay, yes finances can be pretty easy once you get everything organized and you have a plan.

But this is a long-term game. 

Once these 7 days are over, your finances will still need to be maintained and you’ll need to check in on your accounts every so often and you’ll have to make adjustments if necessary. 

And it’s not going to end.

So besides willpower and grit, you’re gonna need a north star. A why.

To get a sense of what your why is, I’m going to ask some questions. You can just think about them, or you can use this free printable to write down your answers.

Why are you doing this (getting your finances together)?

How will you feel when you get your money under control?

What do you want your money to do for you?

What do you see in your future?

Whenever you want to throw in the towel on this money management thing, just think of your answers to these questions. Let it motivate you and push you forward.

Focus on Yourself

It’s really easy to get sucked in what everyone else is buying and doing.

You then start comparing yourself to other people, you wonder why you aren’t doing as well financially, then you start to go crazy.

Other people’s finances have nothing to do with you.

Just because someone else has something, doesn’t mean you’re lacking something.

And just because someone else has something, it doesn’t mean that something was taken away from you.

“Mind the business that pays you”.

Be Thankful

You might only have $2.36 to your name right now.

At least it’s something.

It might sound totally cheesy, but for the next seven days, here’s what I want you to do:

Instead of saying “I only have [$xx]” or “I wish I had [x]”, change it to “I’m happy I have [x]”.

Trust me, after a while, you’ll start to feel a change. Until then, fake it until you make it.