Are you ready to transform your relationship with money and step into your financial power this year?
Isn’t it frustrating? You sit down with the best intentions at the beginning of each year to plan your expenses and set financial resolutions, yet somehow, you find yourself in the same place, feeling overwhelmed by money matters.
This year, it’s time to break free from the cycle. Today, we’ll explore five empowering money resolutions that will set you on the path to financial freedom and peace of mind. No more procrastination or uncertainty; it’s time to take control of your financial destiny.
Watch the full show (link at the end of the article) or read this show note for the most important nuggets of money wisdom.
Hello and welcome to Rise to Your Money Power where we have honest conversations to empower you around your relationship with money. I’m Pamela Plick, your host. I am on a mission to empower women to confidently build wealth from the inside out! I help purpose-driven women to overcome feeling anxious, overwhelmed or stuck related to their personal relationship with money so they can become confident, achieve peace of mind, financial freedom and impact. I do this through my signature programs and services, events and community.
As the new year unfolds, many of us embark on a journey of resolutions, often focusing on health and personal growth. But what about your financial well-being? Why not make 2024 the year you take decisive steps to step into your money power? Say goodbye to financial frustration and hello to financial empowerment
Here are 5 five empowering money resolutions that will set you on the path to financial freedom and peace of mind:
1. Create an empowered relationship with money
To embark on your financial journey, start by gaining clarity about your money beliefs and behaviors. Understand the voices in your head that influence your financial decisions. Ask yourself: Why do I make the financial choices I do? Identify and challenge limiting beliefs about money. Once you’ve recognized these patterns, you’ll be equipped to transform your relationship with money.
Action Step: Journal about your earliest money memories and beliefs. Write down how these beliefs impact your financial decisions. Challenge any negative beliefs and reframe them with positive affirmations.
2. Stop procrastinating on financial decisions
Procrastination often stems from a lack of confidence, especially when it comes to making significant financial choices. Overcome this hurdle by educating yourself. Enroll in financial classes or workshops to boost your financial knowledge. Consider working with a financial professional or mentor for guidance. Knowledge is your ally in conquering procrastination.
Action Step: Commit to attending a financial workshop or signing up for an online course to improve your financial literacy. Take the first step in overcoming procrastination.
3. Know your finances
Organize your financial information and involve your partner in the process. Transparency and communication are key to successful financial planning. Create a comprehensive overview of your income, expenses, savings, and debt. This understanding will serve as your foundation for financial growth and collaboration with your significant other.
Action Step: Set aside time for a financial discussion with your partner. Create a joint financial statement to ensure both of you are on the same page regarding your financial goals and responsibilities.
4. Create a monthly spending plan
Do you truly know where your money goes? A spending plan, or budget, is essential to track your income and expenses effectively. It helps you identify areas where you can reallocate funds to support your goals. Start living within your means and allocate resources wisely.
Action Step: Begin by tracking your expenses for a month. Categorize spending and compare it to your income. Use this data to create a realistic monthly spending plan that aligns with your financial goals.
5. Create a wealth-building strategy
Building wealth is more than just saving; it’s about making your money work for you through strategic investments. Learn the basics of investing, make informed investment decisions, and create an investment plan. Additionally, consider a longevity plan to protect and grow your wealth over time.
Action Step: Research different investment options and strategies. Start with small investments or consult a financial advisor to develop a personalized wealth-building plan.
In conclusion, your financial journey begins with intention and action. By embracing these five powerful money resolutions, you’re setting yourself up for a year of transformation and financial growth. Remember, it’s not just about making resolutions; it’s about taking consistent steps towards your financial goals. As you gain clarity, conquer procrastination, understand your finances, create a spending plan, and build wealth strategically, you’ll find yourself on the path to financial freedom and peace of mind.
Are you ready to take the first step towards financial empowerment and success? Join me for a money power breakthrough call and unlock the key to transforming your relationship with money. Together, we will uncover your money truths, release the limitations that have held you back, and pave the way for ultimate financial freedom. Don’t miss this opportunity to create a brighter future for yourself and your business. Learn more and apply here: https://pamelaplick.com/breakthroughcall/
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You can watch my full Rise To Your MONEY POWER Show episode here:
