So, there has been something I’ve been feeling energetically in the audience, it’s also something I’ve been seeing on social media across the board. And with my private coaching clients, this has been coming up too. Many of them work in the financial arena and in the financial space, and they’re starting to notice the same thing I am.
Getting back to the basics
I feel like as a community, us personal finance bloggers and those of us talking about entrepreneurship, we’ve got to go back to basics. Social media has gotten a lot bigger and a lot noisier. Because of that, I think we’ve got way more people in the game right now, and I’m gonna be honest, not everybody has the best intentions when it comes to teaching about personal finance. Some people are in it for the money.
So, one of the things that I’ve noticed is that I have to take it back to basics in my own content. Because there’s a lot of noise in the world. And I want you guys to be able to have a better relationship with your money. And there are levels to this stuff. So, you don’t just like start off with entrepreneurship, you don’t just start off with traveling all over the place, you don’t just start off with financial independence. There are steps and there are levels.
And I’m gonna be honest, most people are not in a place. A lot of people don’t even have a basic understanding of how money works, they don’t have a foundation in place. So, in the month of July, I want to go back to basics with personal finance. Let’s get grounded, and let’s get some more clarity, and let’s get our foundations in place. And I’m going to share a quick story as to why this is so important.
Why it’s important to get back to the basics
So, I remember many years ago when I was really into yoga. And I was doing it regularly and I had this teacher that I loved. I was at her class every Tuesday night. I would leave my job, take the trolley, go to the yoga studio, and take her class. And there was another teacher that I loved and I would take her class on Thursdays.
So, one day I’m at the Thursday class with the second teacher, and the first teacher that I love comes in to take the class. Now, these were basic classes. And one of the other students who was in the studio with us went to my favorite one who was taking the basic class with us and said, “You’re so advanced in yoga. Why are you taking a basic class? What does this even do for you?” And my teacher responded with, “It’s always good to go back to basics. It’s always good to secure your foundation and make sure you’re in alignment.”
And I think that’s perfect because money is the exact same thing. It’s always a good idea to go back to basics, it’s always a good idea to make sure you’ve got your foundation in place, and it’s always a good idea to get back in alignment and make sure you have the proper alignment.
What does this all mean to you?
So, we are going to talk about getting clear on why money is important to you. Basically, what do you want money for? What do you wanna do with your money? One of the things I hear very often from people is, “I’m not motivated by money.” I hear you, I feel you. I’m not motivated by money either. I can’t make or save money for the sake of just having more money. I am not wired that way. But I am motivated by two things that are related to money.
The first is that I am motivated by not having to suffer unnecessarily. And when you have money, you have more options so that you don’t have to suffer unnecessarily. The other thing I’m motivated by is the experiences that money allows me to have.
In reality, it all comes down to, how do I wanna live my life? Do I want to be constantly stressed about money not knowing where it’s going to come from? Or do you wanna live from a place of, “I’m okay. I can take care of myself. I can manage money and I can save money for the things I actually want to do and experience in this lifetime.”
It’s still a really important question to ask yourself because once you get clear on that answer, then things like budgeting become easier, things like saving become easier. Very rarely have people taken the time and space to really think for themselves and ask, “Well, how do I wanna live my life? What do I wanna experience? And what does that mean for me financially?” That’s the first place you need to start. And once you figure that out, then the next steps for you are going to start becoming more clear.
Are you clear on what you want?
And I’m gonna be honest with you, if you’re not clear on how you wanna live your life and why you want financial stability, that is the first step to anything you want to do. Okay? You wanna buy a house? Do you wanna travel? Do you want to buy stuff? I don’t know what it is for you. The first step is always going to be financial stability.
So, if you’re not there yet, that’s always gonna be your first step on the road to experiencing what it is that you want to experience in this life. There’s no way around it.