What Is Your Money Strength?
Instead of focusing on how bad you are with your spending or that you know nothing about your 401k investments, instead state your money strength such as “I am great at checking my balances online “ or “I am great at saving money automatically”. Even if you think you are “terrible about everything money”, chances are there is something you are good at. Which one fits your life? If you are truly hard-pressed to find your Money Strength, see if one of these resonates:
- You are a smart spender and watch your expenses. Yes – there are many of you out there!
- You earn a fabulous income.
- You own your home and you love living there.
- You have an IRA or 401k. You may not understand everything that is in it, but you own it and contribute to it regularly.
- You do not have any credit card debt.
- You pay your bills on time and do not pay any late fees.
Talk the Money Talk
Part of the reason we struggle so much with our money woes is that we don’t practice having strengthening money conversations in our lives. We focus on the negatives and what we don’t have or don’t do. Have one positive conversation about money with a friend each week. It doesn’t have to be a soul-searching conversation, just a short chat about:
- How your week is going, financially speaking…
- A bit of good news about your finances…
- A recent financial headache…
- Where interest rates are…
- A headline from the business section of the newspaper, Wall Street Journal or Money Magazine…
Is Money Really the Issue?
Very often our money issues are just a disguise for a personal challenge we are having. By changing one area of our personal life, we can apply those recharged and refreshed feelings to our money life. See if you can change one of these areas in the next week. Just pick one! After the week is over, you can then tackle the money area that is giving you a hard time.
- Sleep and rest- Go to bed an hour earlier or take a nap in the afternoon.
- Nutrition- Eat healthier this week, fulfill your daily 5 servings of fruits and vegetables
- Hydration- Are you drinking your 8 glasses of water a day?
- Exercise- Vow to get exercise at least 3 times a week
- Emotional & Spiritual care- Are you taking care of yourself on a personal level?
Galia Gichon is an independent personal financial expert with more than 14 years of experience in financial services, including nearly 10 years on Wall Street and an MBA in Finance from Fordham University. She runs her own company, Down to Earth Finance, where she offers individual sessions and seminars to address personal financial needs and concerns. Galia recently published her first book, “My Money Matters”, a boxed set of financial cards with money affirmations, instant money tips and workbooks. She has spoken at Pennsylvania and Massachusetts Governor’s Conference for Women, and is a frequent speaker at Barnard College’s Financial Fluency Program, and the New York Freelancers Union. Before starting Down to Earth Finance, Galia worked at Bear Stearns, Nomura Securities, and Institutional Investor. She lives in New York City with her husband and two children.
Pages: 1 2
Great article! I like the idea of thinking about your salary in an hourly wage, so that I can realize how much I’m working to pay for shoes, handbags, and junk! Thanks!!
Denise
http://frugalluxe.blogspot.com/
Excellent read, I just passed this onto a colleague who was doing a little research on that. And he actually bought me lunch because I found it for him smile So let me rephrase that: Thanks for lunch!student loan consolidation
This is a exellent resource. Ill be back.
Great post! Thank you for the information.
Nice background, your posts were very good to read and it was something related to me.
That is an excellent write-up! I’ve bookmarked it and emailed it out to every one of my close friends as I know they are interested, thank you very much!
I admire the valuable information you offer in your articles.
Hello! Thanks for the good read. Cheers!
What a great story thank you very much for sharing with us.
Wonderful learn, I simply passed this onto a colleague who was in search of this info. I’ve you bookmarked on Digg.
Excellent post, you have illustrated some excellent points, I likewise believe this is a very fantastic website.
I like that you place superlative content out that is clear and good-written.
Excellent! Your blog has quite a few comment posts. How did you get so many people to see your article I’m jealous! I’m still learning all about article writing on the internet. I’m going to look around on your site to get a better understanding how to achieve success. Thanks for the assistance!
I guess you have made a few really fascinating points. Not as well many people would really think about this the direction you just did. I am truly impressed that there is so much about this subject that has been unveiled and you made it so nicely, with so considerably class. Superior one, man! Really special things right here.
This is a topic that I have quite a strong passion about. Theres no doubt that most people today ignore how important this theme is. I believe it is a foundation upon which various things are built and if we do this measure wrong, there are lots of dire consequences in the longer term. Thus, we should be careful and think about how precisely we want to technique this topic. I thank the author for giving a superb first try at approaching it.
I’d have to concur with you here. Which is not something I usually do! I love reading a post that will make people think. Also, thanks for allowing me to speak my mind!