Here we are at the beginning of another year. What better time to look at our finances and how we work with our money.
When I first started my business as a professional organizer I went to see a financial coach Linda from Linda’s Abundance. I thought I was going to get a lesson on balance sheets and income statements. Instead we talked about abundance and financial freedom. Something she said a number of times sums it all up for me: Financial freedom is a choice!
Some of these tips and ideas are Linda’s and some are mine and I am sure you have some too!
Financial freedom is a choice
• If you are able to, do what you love, even if it means earning less
• Give and donate where you can - spread it around and make a difference
• Observe the law of attraction. Be clear about what you want to attract
• Be accountable to yourself about your money
• Plan a budget and stick to it
• SAVE, SAVE, SAVE
Ways to save
• Keep a minimum balance in your account
• Use banking loyalty points to pay banking fees
• Shop around for better banking rates and options
• Use your credit card as long as you keep it in credit
• Check and update short term insurance regularly
Priceless pleasures
• Invest in small pleasures: Go up Table Mountain, browse in a flea/farmers’ market, go to the theatre or a movie, take a walk in the country…
• Invest in everlasting memories: Family holidays, road trips, camping…
• Invest in social pleasures: Have friends for a meal, meet girlfriends for coffee, join a book club or dinner club…
How much is enough?
• Enough is somewhere between too little and too much
• Enough is being able to afford your desired lifestyle without getting into debt
• Enough is being content with what you have
Financial freedom is a choice, your choice!
