your money or your life

Filed Under Tips & Tricks | February 24, 2009

feb24_mumnmoney

These days a lack of money – or even just worrying about money and the economy – can become a killjoy, throwing cold water on your hopes, dreams and desires.  While it might seem that financial success is all about how much money we have, according to Sheila Walkington the money coach for Money Matters and co-founder of the Women’s Financial Learning Centre, it’s really about how well we align our money with our intentions, goals and values. And she’s got some great ideas for achieving alignment:

Start by asking yourself these telling questions about your relationship with money:

  • Do I often say “If only I had more money I could…”
  • Is the way I make, manage and invest money in line with my values, goals, priorities?
  • Is my sense of self-worth tied into how much money I make?
  • Do I spend money to make myself feel better?
  • Am I spending money on stuff that isn’t that important to me?
  • Do I compare my financial situation to others’?
  • Am I allocating time or money to causes that I believe in?
  • Am I waiting for financial security before living a more meaningful life?

If you’re not where you want to be, start by becoming more conscious of what’s important to you and think about how you make financial decisions.  Set some intentions for yourself and eventually some specific goals. Write them down. Commit to them. Try to clear – or at least identify – blocks or barriers to getting where you want to go.

And remember, financial satisfaction isn’t necessarily measured in dollars and cents, but in how successfully you manage and allocate your resources towards living an authentic and purposeful life.

Sheila Walkington is the money coach for Money Matters and co-founder of the Women’s Financial Learning Centre: www.womensfinanciallearning.ca.

 

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