The most important thing you can do for yourself is to start taking care of yourself. This is not limited to only doing things to improve your physical and mental health but to also practice financial self care.
What is Financial Self Care?
Financial self care is not the same as self care. Financial Self care is when you are doing things that are nurturing your relationship with money.
Why practice it?
Money is a leading cause of stress and anxiety, therefore, it’s important to include financial self care into your life so you can secure your financial future and accomplish the money goals you have for yourself.
Also Read: 9 Healthy Financial Habits You Need to Better Your Financial Future
If you are looking to start incorporating financial self care into your life, here are some tips to help you get started!
1. Forgive yourself for your past money mistakes.
It’s important to reflect on your past and present relationship with money. Oftentimes, your upbringing plays a major role in how you relate with money. You may have made bad money decisions and maybe a few good ones but you have to learn to forgive yourself.
You can start by reframing your negative thoughts, focus only on positive thoughts. Start manifesting and speaking your financial goals into existence!
2. Have money dates with yourself
Have money dates with yourself! This means you will constantly review your monthly budget and track your expenses. Every month you have to continue working on either building your emergency fund, paying off debt, increasing your savings, or increasing your investments! That’s how to make big money moves.
These money dates aren’t the ones you dread, these are the dates you actually want to go on, it’s more like a disguised treat!
3. Reflect on what’s working with your money and what isn’t.
When it comes to financial self care, you have to be honest with yourself, see what’s working and what isn’t and then adjust accordingly! Life happens and it’s okay to tweak plans when you have to, only follow the financial self care ideas that work for you. If you find that your current budgeting method isn’t working for you, explore these other popular budgeting methods.
4. Celebrate Yo’Self! Treat Yo’Self!
BALANCE IS KEY in everything we do. Setting unrealistic financial goals, will only make you fail at it easily. Set only realistic financial plans and budgets. You should be able to do things that bring you joy on your journey to building wealth, this is where the balance comes to play. So make sure to celebrate yourself and treat yo’ self within reason!
5. Continue building your financial literacy.
This is my favorite financial self care idea; continue educating yourself! Financial learning never ends! A lot of us were not taught financial literacy in school but now that you know about it, take action so you can have a healthy financial life.
Read books, listen to podcasts, research online, book a money coaching call, take a course, whatever works for you, just don’t stop learning! Bear two things in mind; it is not too late to learn and there is always more to learn.
When you are financially healthy you have more money which means you can live a happier, healthier life.
I hope these financial self care tips have helped you gain insight into how you can practice more financial self care. The results that you gain when following these steps will enable you to step further into financial freedom, with less worry, and more ease.
At the end of the day you are responsible for your own financial well being. Set goals, create a plan, and follow through on it.
If you feel that you need 1:1 support to help you get your finances right, schedule your free 15 minute discovery call so that we can discuss your situation and financial goals.