In numerology, 2017 is a new beginning – the last 9-year cycle
has ended, and it’s time to rethink, renew, restore. We’re no group of numerologists, but we’ll take any excuse we can get to encourage our clients that there’s no time like the present to make a healthy change in their finances, and in their lives. Often our New Year’s resolutions revolve around losing weight, house cleaning, a trip we want to take – minor things that don’t actually fix the root of our problems. They can help for a time, but once a stressful season hits, we end up right where we started, turning towards the same “quick fixes” that actually make everything worse. Let’s not make that mistake this year.
We’ve consulted psychologists, financial advisors, and life coaches and come up with the top three steps you can make in 2017 that will ensure you head in a direction you want to go. You might find that they’re even more challenging than getting to the gym twice a week, but much more fruitful.
1) Establish your financial belief system – your “money mindset.” Our actions follow our mental choices, and our mental choices are often shaped by a deeper, more foundational belief. When it comes to spending, borrowing and paying back money, individuals who think self-defeating thoughts about their financial situation often continue making the same poor choices, or feeling like they cannot change their trajectory. Thinking of debt as a necessary evil and credit as an essential means of living, or confusing wanting something with needing it, are all negative thought habits that begin to become reality if not combated. Take the time to sit down, as an individual or as a family, and determine what money means to you. Is it a servant or a master? The means to an end or an end in itself? How can you think more healthily about money? These mental habits can have a radically positive influence on your
2) Restore relationships broken under the stress of financial crises. Debt and bankruptcy can launch a couple or family into dark times, where selflessness and quality time seem impossible to sustain. Relationships can take the back burner when dealing with grave financial issues, but in reality they are a struggling individual’s only peace of mind and sense of security. Remember to value the people that remain in your life more than the money that may not. In dark moments, these precious relationships may be all that light the way. Do you feel like you have sacrificed someone, or been sacrificed yourself, in the heat of a financial struggle? Think about reviewing these relationships and taking steps to redeem them.
3) Get involved in your community. You don’t have to go it alone. Debt happens. There’s an entire community of families and individuals sharing in your struggle and, more than likely, in better positions to help support you, mentally and fiscally. By sharing your experience with others, you construct a community that is able to support one another in times of need. Try volunteering with the needy or at risk to give you perspective on your own situation and find those individuals who care about those in need. Don’t be afraid to ask family and friends for advice or help – they may need it reciprocated in the future. Working together really can make all the difference.
With these healthy habits of financial thinking, gain a new perspective on your situation and redeem the hope that still abounds yet may have been forgotten in the hustle and bustle of strenuous times. We are a community here to support one another as we live and learn how to use our money, not be used by it. Try these steps to begin the New Year with a new mind — it’s one of the best things you can gift yourself and it’s priceless. What a deal!