Good Financial Reads: Creating Good Money Habits

"Budgeting" in the sense of watching every dollar every day isn't for most people; sure, you could probably do it for a few months, but after a while most people burn out. If you're one of those, here's a cash flow management system that's sustainable for the long-term, and is pretty easy to maintain once it's set up!

We all want to manage our time and energy to make it through the day in one piece.  So the question is: what story have I told myself emotionally feels good about what I am doing, even if logically I know it isn’t quite right for me?

When I am looking to change something, I generally want to understand:

• Why am I doing this?  Do I find joy in doing this?
• Has this become a ‘ritual’?  
• What do I want to change?  How can I make this change feel good?
• How can I interrupt my mental path?
• What do I need to do to create a new ‘ritual’ that has a better chance of long term success?

Let’s go beyond the basics to look at how you can optimize your savings, get strategic with debt, and level up how you invest to grow wealth.

There’s no shortage of podcasts or blogs that cover simple pieces of advice and the same basic money moves to make: pay down debt, save up cash, invest for the future, and so on.

So today, we want to kick it up a notch and help you see how you can go from good money move, to BETTER move, to best, most optimized strategy to use in your financial plan.

The most common thing that stops people from achieving their highest financial potential?

Themselves.

In this episode of Beyond Finances, we consider whether the roadblocks and challenges you’re facing might actually be all in your head.

“Learned helplessness” is a phenomenon that can stop you from making the progress you’re capable of, and it happens when you experience struggle or suffering that you feel is out of your control — and if you practice this subconscious habit, it can prevent you from seeing, and acting on, what you can control to make your financial situation better.

Wouldn’t it be nice to finally be someone that other people look at and say, “wow, you really are great with money. I’m impressed!”?

Do you constantly find yourself wishing you had better money habits, but you just can’t seem to change your day-to-day actions?

Here’s the good news: you can absolutely transform your current habits and become that person.