Your Money: Your Values
Hi, I’m Saundra Davis, financial coach here at SaverLife. Today, we’re going to talk about your money values.
We often don’t think about how our values play in to what we do with our money, but the fact is everything you do with money makes perfect sense if you understand what you believe about money. Our deeply held beliefs, values, fears, and fantasies all come into play with every single financial choice that we make.
Being present with your day-to-day financial choices – I call this money mindfulness – will help make sure that you’ve aligned your behavior with the things that matter most. It’s not necessarily about changing anything right away. I encourage you first to notice:
- What are you doing now?
- Is it getting you what you want?
- If not, what do you want to do differently?
And then making sure that you get the information and the resources that you need to align your behaviors with your end goal in mind.
Observe Your Behaviors
Start today observing your financial behaviors. You can do this in a journal or an index card or anything else that you can just keep handy so that you can track your behaviors and how you feel about your behaviors as you go through your daily routines.
Think about these questions:
- What does success mean to you? Get a really clear definition of what financial success means to you and what it’ll mean for you to achieve that success.
- How will your family or the people that you care about be impacted if you were to achieve the success that you desire?
- What are some of the things that you could do on a day-to-day basis to move you closer toward your definition of success?
Remember, this is not about judging yourself. This is about becoming more mindful and thoughtful in your day-to-day financial decisions and making sure that what you’re doing is getting you what you want.
What are you saving for?