Do you want to know the most common question or statement I hear, “How can I save money when I don’t have any?” How many of you have made that same statement? Does it resonate with you?
I truly hope that you answered “No” to the above, because statements like that only attract more of “not – enough ness.”
So what do you do? Where do you start in order to change the notion of scarcity?
Your first step is to discover who you are right now. Take a look at yourself and figure out what your current money archetype is. The following archetypes are taken from Deborah Prices book Money Magic and are an amazing reflection of how people are at certain times around money.
They are as follows
The Innocent – Happy-go-lucky, financially dependent, non-confrontational
The Victim – Highly emotional, prone to blaming others, feels powerless
The Warrior- Powerful, confident, wise
The Martyr – Controlling, secretive, perfectionist
The Fool – Restless, undisciplined, reckless
The Creator/Artist – Unattached, spiritual, resistant
The Tyrant – Controlling, manipulative, aggressive
The Magician – Generous, loving, financially balanced
The second step, after you determine who you are, is to determine your habits and your behaviors that keep you stuck in that certain archetype. In order to determine your habits, start to keep track of what you do when it comes to money. Do you consistently pay your bills on time? Is there a pattern when it comes to spending emotionally, such as shoes when we are sad, or shoes when we are happy? Do you always have to have things immediately instead of saving until you have the cash? Do you constantly say you are broke? Do you feel that you never have enough?
Once you have listed your habits, reframe them into positive habits that will serve you. For example I may currently be frivolous when it comes to money. My new re-framed habit will be “I am conscientiously aware of all of my purchases around money. I make sensible decisions when spending money.”
The third step to change is to keep track of all of your spending. Really find out where your money is going. Keep receipts, use cash, write in your journal, and keep your cheque book balanced. Do not leave a penny unaccounted for.
Step four to changing is creating a list of current and long term goals. This list should be detailed and with action steps. If you do not have your goals written down then you will not have anything to strive for, this will keep you stagnant and will not create a basis for change. Write your goals, write your actions steps. Be clear and concise. Once you have them written you will be able to see the changes you need to make. One new habit will be, knowing exactly where your money is spent; the next new habit will be paying yourself first! This is a key concept in creating a positive cash flow.
Step five to breaking the cycle is listing your accomplishments. Once you are fully aware of all the amazing things you have accomplished in your life, it is than that you will fully understand that you have this amazing power within you in order to create a continuous cash flow that never runs short. I want you to list everything from learning to crawl to walk to riding a bike. Look at all that you have accomplished. Once you have this list completed there should be no doubt that you are clearly able to create or do anything that you put your mind to. Be grateful for all you have and for all that you have accomplished this far.
These 5 steps are the beginning to clearing away any blocks that you have around money and they are definitely the stepping stones to true discovery. Now I want to remind you that stepping outside your comfort zone and discussing money will enable you to create a positive vibe around money. It will help to take the “dirtiness” away, the taboo of it all. Be open and honest about your struggles and you will soon discover that others are feeling the same way as you. Now I encourage you to begin today there is an abundant world awaiting just for you!