I share posts about my personal path through pain and pretty stuff on this blog. This post builds on that, because I want to show you a light at the end of the tunnel on the hunch it gives you hope for yourself.
Here’s how you can add a dimension to your own personal power.
Quietly save money.
We live in a culture that values money above too many other things – like it or not. I hate it, but I get it. I took note as a teenager and have made decisions along the way with the end game in mind.
Do I worship money? Not. Even. Kind. Of.
BUT, I understand it’s power in a financially enterprising society. In a world that screams ‘be rich’ with imagery and messaging, you have to find a way to toss toxins that make financial independence seem unreachable. Note it, don’t absorb it, and move on. You have immeasurable value just because you are here. Money is not where your value lives. However, you have to believe you have as much of a right to have it as anyone else to get your head straight about building a strong financial foundation.
My simple advice to help you find the financial foundation inside yourself is this:
1- Save money for YOU and a secure future. Given so many things we have so little control over on the planet – take control of this. IRAs, SEPS, Roths, money market accounts, mutual funds, HSAs, savings accounts…there are so many options – it’s easy to get bogged down. A combination is often the path. I think of my accounts in layers like this: for now, future plans, and retirement. Automate what you can.
2- Save money because it’s fun. Pinterest, of all places, has fun savings ideas that are simple and virtually effortless. Do some searching. It’s about applying your wisdom.
3- Cut back on things. Things don’t fill holes in the soul. Build meaningful experiences beyond buying power.
4- Start where you are. A few bucks a month gets you moving. Build from there.
5- Start investing now. Compound interest is no secret and it’s no joke. Time is your friend. Automate it, so you don’t even think about it.
6-Passive income is great. It doesn’t matter how much you make as much as the fact you are making it and not having to do much to make that happen. It could be property, mowing, side teaching, or running cast-offs through a second hand store as a few quick examples.
7-Reduce or, better yet, eliminate payments. I don’t like having payments and strive to have no payments at all. I don’t have any personal need to keep up with others materially, so I do not find this one to be a difficult effort. I sympathize with those who find this one tough. People who value material things over financial freedom might not be your people. You can stay kind, wave from a distance, and trust your own process to keep moving. Just sayin’.
8-Strive for three sources of income. It’s a tripod theory my dad taught me as a kid, has always made good sense, and has worked well. You always have a back up with three sources of income. This is why passive income sources help.
9-Bank windfalls. Ok – I get it. It might be a buzzkill, but it’s awesome to see accounts jump when you have the ‘free money’ to continue to build your portfolio.
10-Perfection is a mirage. Focus on progress, not perfection as they say.
Discipline yourself not to self-soothe by buying things. I can’t stand shifting stuff around my house once it’s here anyway. This visual works well enough for me as a superb reminder when tempted to purchase things I don’t really need. Do I want to live around it? If the answer is not an enthusiastic – OH YEAH! – I don’t want it in my house. I’m a simple human that way.
Before kids, I was decent about sending something out the door in about equal proportion to what I brought in the house. However, since kids – chaos ensued some, because … well – kids – lovely as they are and – time – precious as it is.
In addressing women, I offer this frank fact: you don’t have to be wildly rich to be a woman of means.
Freedom has always been my goal and I have it. It’s been hard won at times, but I get to do what I love and enjoy now because I stayed focused on maintaining when necessary and building at every sensible opportunity – doing everything possible to keep from depleting resources. Always look for ways to build up your accounts. I want you to have this same personal power.
Ok…there you go. For anyone who requires proof of success on the other end of a creatively-minded life that includes a variety of professionally and personally textured experiences – let my life help you see your own path more clearly.
My value is not diminished by tough stuff I’ve walked through and will continue to share on this blog and in my book 9 Word Rethink To Get On With Life. Neither is yours.
Not only am I emotionally content, but I’m more secure than I would have been if I hadn’t buckled down years ago and decided to bet on myself. I’m worth the gamble and so are you.