Did you think of specifics like paying for a new car, braces for the kids, a new phone or computer, etc? Or did you think about the threat of inflation on your budget, the soaring cost of gas and healthcare, your ability/inability to ever retire or to send your kids to college?
The personal nature of money tends to make it something you either feel good or bad about, with few other feelings between those two end of the continuum.
Nothing in life is ever completely one way or another. Black and white thinking is limiting; it contributes to behavior tightly aligned with your beliefs and assures your remaining stuck personally and financially. This form of self-sabotaging practically guarantees negative outcomes.
The reality is that financial circumstances, much like the rest of life, are fluid; they are impacted by numerous personal, economic and social influences. Many of those influences are beyond your control, but the most important ones are not. That’s a good thing because it means that you can play an important role in your financial life and future.
Doing so isn’t necessarily simple or easy, but it isn’t overly complicated or difficult either. I know that because that’s what Financial Social Work is all about: helping you to begin and to stay focused on your journey to a better financial future.
There are numerous steps to this process but a good starting point is to stop allowing your financial worries to dominate and overwhelm you and to start playing a more hands on, pro-active role in your financial future.
What do you think that would look like for you? What’s the first step you would feel comfortable taking to become a more active part of your finances?
As the person most responsible for your own financial future you are also the person best able to identify what you need to do and what you feel ready and able to do.
Here is a list to help you to begin to connect to your money more quickly and enthusiastically:
- Open and pay your bills in a timely fashion.
- Know who you owe money to.
- Know who owes you money.
- Know what you want your money to do for you.
- Know what you are willing to do to have more money.
- Know what you aren’t willing to do to have more money.
- Pay attention to your money but don’t worry about it.
Try one or a combination of the above suggestions and see how they help you to shift your relationship with your money.