Money isn’t all logic. While we can crunch the numbers until the cows come home and plan to budget, save and invest, we often get caught up in the emotional side of money.
Having a bad day? "Let me buy this dress or ice cream or go to the pub and have 5 drinks; I’ll feel better."
Got something to celebrate? "Let’s splurge on champagne and an expensive meal out—we’ll think about the money later (or never)."
Discovering your mindset around money is where the magic happens. It’s the key to tackling spending behaviors and changing your financial future.
I’m not going to tell you it’s easy—it’s not.
Often, we avoid looking back at our childhood and the behaviours and mindset we have picked up from family and old friends.
We don’t want to revisit the past and think about why we did the things we did.
We don’t want to tally all the money we’ve spent and wonder what could have been.
But to change our future relationship with money, we have to do it.
We need to learn from the past, understand our spending habits and triggers and then work towards changing our mindset and behaviours. This way, we can transform those habits into better ones that will serve us well moving forward.
Changing our mindset and habits helps us to spend on things we value, rather that spending mindlessly. It helps us to save and invest for our futures and achieve the things we really want from this life.
⚓ You can go on that Antarctica cruise.
🏡 You can buy that house.
💼 You can quit your toxic job and do something you love.
🧳 You can take a sabbatical and spend six months traveling the world.
🍾 You can stay in the 9-5 job you love, save aggressively, and have it all.
📈 You can start your own business and thrive.
🛖 You can build that tiny off-grid house.
🏙️ You can move to that new, exciting city you’ve always dreamed of.
Everything you put your mind to is possible. You just have to want it enough, be willing to put in the work to identify and change your spending habits, reframe your mindset, and modify how you spend.
Tackling your emotional spending will get you to these places so much faster!
Like any other skill, it is something you can learn.
You could go about this alone, but having someone on your side can make all the difference.
A money coach can help you identify sneaky habits, review your numbers and spot areas for improvement in minutes. They can challenge your current thinking, help you to change your mindset and help you to reach a better financial place faster.
You invest in a personal trainer to help you succeed with your fitness, so why not invest in a money coach to help you with your money and mindset?
Want my eyes on your finances? Let me help you work out your emotional spending habits and change your financial future today by booking a session here.
Let me help you get started on your journey today.
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