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Sunday 22nd December 2024

One tool to improve your relationship with money

How can you make a change to an area of your life without having clarity on what is actually going on? 

The answer is…you can’t! 

So the first step to improving your relationship with money is getting clarity. 

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  • How do you currently feel about spending, or saving money? 
  • Do you feel you are capable of making more money and holding onto more money? 
  • How does money make you feel? 

Answering these questions can be a simple way to identify money blocks, uncover your money beliefs and help you make a plan of action on what needs to change!

And the best way to do this is through the tool of journalling. 

Writing things down. Getting it out of your head and onto paper. It is one of the most powerful things you can do. 

When you journal, you can “externalise disparate thoughts to let you put them back together in creative ways and formalise plans around them. It even probes at your subconscious to bring you better clarity about your thoughts and emotions”  (quote from this article in Medium).

And what we know is that money is emotional! 

We act from a place of emotion first so discovering and connecting with your thoughts and emotions can be empowering. It gives insight into what might be holding you back from being your best financial self and what might be causing any self-destructive financial behaviours. 

Knowledge is power and the more you know, the better equipped you are to make those big and small changes. 

Get a pen and paper, sit down and get all comfy and ask yourself some questions. Then just write down whatever comes to mind. You can spend 5 minutes or 50 minutes doing this – there is no right or wrong. 

And once you have the answers on paper, you can even ask yourself questions about the future such as “how would I like to feel about money” and “what do I need to do to feel that way?”.

Interestingly, although people have written journals for centuries, the positive benefits of journaling did not become public knowledge until the 1960’s. Dr Ira Progoff, a New York psychologist discovered the therapeutic potential of reflective writing and shared the insight worldwide!

Photo Credits: Pexels

Laura Moore

Mouthy Blogger

Laura Ann Moore is a certified financial coach, financial wellbeing speaker,and host of the Mind Money Soul podcast, talking about finances in a fun, judgement-free way to help people feel good about money, get financially confident, and build wealth.

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