1. FOCUS ON WHAT’S GOING WELL
What you focus on expands. If you focus on what is going well in your life, financially or otherwise, you will create more good in your life. The opposite is also true, if you focus on what is going wrong you will see more of it in your life. What you focus on expands because the subconscious mind is wired to give you what you focus on.
If your conscious mind can’t see the good in your life neither will your subconscious mind. So you must tell your subconscious mind what you want it to create. You do this by; setting your intension for the day, trust and believe that your blessing is coming, and by being thankful for all the little blessings along the way.
It may start off hard and you may not want to give up your negative thoughts but if you do, I promise you, good things will happen. Just try it, for seven days straight no complaints, only gratitude and compliments. You are going to feel so good next week.
2. MONEY DAY
This little adjustments works wonders. This is one of my favorite exercises to give my married clients. Money Day is the “one” day of the week that you will discuss money. Most of us are used to discussing money anytime it pops in our heads. I want you to stop doing that and create a new habit.
Now, when you think of something that has to do with your finances write it down and hold it until your money day. Of course, if it is an emergency or if you remember a bill that is late, by all means handle it. However, in most other cases hold your money issues, concerns, and ideas until Money Day.
As a business owner I do two money days, Money Mondays are the days I work on my personal finances and Finance Fridays are the days I work on my business accounts receivable and payable. Choose a day, set it and forget about all your money problems until that day. You don’t want to see your spouse, business partner or look at yourself in the mirror and think, “every time I see you we have to have a conversation about money.” Let it go until Monday Day. That’s going to feel so good!
This is not the easiest thing in the world to do but it is necessary. If you find yourself compulsively shopping, saying yes when you should say no, or swiping your credit or debit card too much you may need some self-regulation.
Self-regulation helps you become more discipline and mindful of what you are doing. When you are thinking of making a purchase, stop and ask yourself does this truly add to my quality of life or bottom line? You have to be honest with yourself when answering. If you answer yes, then the next question is, how? How does it add to your quality of life or bottom line? Is it going to help you earn more profit, do you already own two of them that you are not using, will you really utilize this new thing? If you find that you are negotiating with yourself then the real answer was no. The best way to shut this down is to consult your mission statement. (If you do not have a mission statement check out the Prosperity Club Facebook Group become a member and download the mission statement example.)
Your mission statement will guide your decision-making processes. If the decision you are making is not aligned with your goals and your mission than it is easy to say no. If you are saying yes at times when you need to say no your mission statement will help you create clear boundaries for yourself and others.
4. ACCOUNTABILITY CHALLENGE
Pick a friend, colleague, or family member to hold you accountable. Don’t just pick anyone. Pick someone that you trust, that is not afraid of you, and that is more discipline than you are in your area of weakness. You challenge each other by setting a small daily goal and checking in with each other on how you are doing.
For example, my mom is my fitness accountability partner. Each month we choose a new challenge and we set daily goals to help us reach the ultimate goal. We do things like a plank challenge, wall sit challenge, or a cardio challenge. We choose a big goal like 3:00 minute plank in 30 days. We start out at 30 seconds and we try to raise it 10 seconds each day until we get to 3:00 minutes. We text each other our accomplishments and we praise each other. If we don’t hear from each other we check in and motivate.
You can do this same thing with finances. Set a savings goal for example. Agree to save $500 in 30 days. Each day or week add money to the account and check in with your partner. Send your accountability partner a text or email with your progress each day or week, whatever you choose. If you like, you can make it a contest and give a reward to the person who hits the goal the fastest. Don’t spend the money, keep savings once you have created the habit.
5. EARN MORE
This is easy to say but many people find it hard to ask for a raise, increase their prices, or search for a better job. If your desires outweigh your paycheck it is time for you to either; work more on your self-regulation or increase your earnings.
You can increase your income by doing one of the following things; ask for a raise, get a second job, or start a business. If you already have a business you can increase your prices or launch a new product or service. In my Financial Therapy sessions, I find this to be one of the hardest things for clients to embrace. It is my belief, that if you are good at something, you should get paid what you are worth. Know that you are more than enough and that you are worth every penny you demand. Then deliver on that promise.
There are other ways to create multiple streams of income like renting a room in your house or selling things you no long use on the internet. Think of something that will be consistent and that you will enjoy doing. You don’t want to add to your bottom line by taking away from your quality of life. This is not prosperous.
6. GET FINANCIAL THERAPY
For some people no matter how much money you earn you will still find a way to stress out. You may believe that with more money come more problems. This way of thinking creates drama in your life that cost you time, energy, money, and most importantly peace of mind.
This can be solved with 8-12 sessions of financial therapy. Financial therapy helps you see life from a different perspective. It helps you see pass the problems to the possibilities; like we said in step one, see what’s going well. Remember life is never fixed or final so what causes you pain today can soon become a thing of the past.
Financial Therapy will help you change your thinking process, adjust your reactions to those thoughts, and give you an actionable plan. What you think about you bring about. With help from a financial therapist, you can bring more positivity into your life, especially where finances are concerned. By reducing stress and worrying less, you can enjoy your money and your life more.
7. PROSPERITY CLUB
The Prosperity Club is a group of like-minded individuals who have a common goal. Each member pledges to be a good steward of their money while enjoying life and planning for future goals. This group is a lot of fun, a little financial therapy, a little accountability, and a lot of positivity all rolled together.
The tips, tools, and resources distributed to the members help them gain and maintain financial peace. It’s not about keeping up with the Joneses or spending all the money you earn. It’s about knowing what is important to you and attracting it into your life, in the most time and cost effective way.
Prosperity Club members converse and collaborate online and in person. Our travel retreats, mastermind groups and events are stress relievers. We work hard, play hard, and relax hard. Join the Prosperity Club today.
These are 7 Steps to Reduce Financial Stress but there are so many more. We are happy to share more tips, tools, resources, and ways to reduce financial stress so stay connected with us. Reaching your heart’s desire is easier when you know the rules of money.
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