The Worthy You - Savings Identity
Saving can be hard. Especially if you don’t know what you’re saving for or why you’re saving. Transferring $20 every month into a savings account will eventually result in growth but how connected are you to that money? Remember, money is energy and if you’re not energetically aligned to all aspects of your money, the saving & the spending, how are you going to make it work for you? In order to save in alignment with your true financial identity, you have to be connected to the goals that you have for that money. You have to gain clarity and start seeing yourself living the life you are setting this money aside for; whether it be a new house, car, travel etc.
If you think you have to be at a certain income level to start saving, you have just uncovered one of the biggest money blocks around your saving identity. The truth is, you can having savings at any income level. As long as your income is greater than your expenses, you have the potential to save. By income I don’t just mean your job, I am referring to all sources and channels through which money comes to you. Take a look at your spending, are there areas that you can shift things to open up the opportunity to save more? How about when you get a raise at work? Most people will expand their spending to align with the shifts in their income, which is perfectly fine to do, but don’t miss out on the opportunity to incorporate a savings plan as part of that increase.
Take a look at where you are or aren’t spending your money [insert link to worthy you - spending identity published blog here]. This is going to give you a clear picture of where your priorities are and how energetically you are connected to your savings goals. And if you have the money to spend on “things”, you have the money to save for your dreams.
To uncover your current blocks around savings and create a new saving identity, answer the following questions:
What limiting beliefs block me from saving money?
Is there anything that makes me feel unworthy or not deserving of my savings goals? If yes, what is driving these feelings and emotions?
What thoughts do I wish to hold when saving money?
What do I wish to believe about my savings goals?
How would I like to save my money?
How do I wish to feel when I save money?
Then create 3 new savings goals based on your new identity and a plan on how to save for them. Visit The Gaps in Your Savings Plan to make sure you’re set up for abundance.
TAKE THE MONEY PERSONALITY QUIZ TO FIND OUT YOUR EXACT MONEY PERSONALITY TYPE.
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A discussion on how you can take steps to best invest in yourself.