Sure, taking care of your mind, body, and spirit is essential. But so is making sure that your finances are in shape too. That is why looking after your money is self-care!
Making sure your money is in good order will mean that if anything happens you are covered, you can buy a house, take a holiday, get your nails done – pay those bills.
Plus, money can be a massive source of stress, imagine the stress being eased. So let’s take a look at how to kick your finances into shape.
Looking After Your Money Is Self Care
Yes, I know the concept may sound bizarre but think about it. Looking after your money is self care. While practicing self care, managing your finances should be at the top of your self care to do list. Every other aspect of your life (career, personal growth, health, daily living, etcetera) depend on your ability to effectively manage your money.
This is why looking after your money should be of paramount importance to you.
Here are some things you should consider doing as regards looking after your money.
Mop Up Mess
When you decide to jump into financial self-care, you are probably going to be dealing with a mess.
This can be tough because often we have made some money mistakes and make us feel
ashamed. So it is time to give yourself some radical self-love and self- compassion and let those mistakes go.
You are here to take care of you. Go through every place you have cash, or that have financial transactions and move the money into a central place.
You probably have some paperwork around your home, too, check it, and either file it or shred it. You probably don’t need it if you have hidden it in a drawer for months.
Here some things you can invest your money in to avoid money mistakes
Deeper
Okay, so you have to go deeper now. You need to look at where your money is going. Is it going to things like savings? Or is it going on impulse purchases?
You need to set up some plans for yourself going forward:
● Savings – how much have you been saving? If it is nothing, then now is the time to start.
If you have been saving up, congratulate yourself, and keep going. Set goals. And
visualize how good it is going to feel when you reach them.
● Debts – if you have debts, you are going to have to make sure you are paying them
down. No matter how scary it feels, call the companies, and make a payment plan. The
sooner you deal with it, the better.
● Retirement and beyond – how exactly are you going to take care of future you? You
should consider things like your retirement amount, the cost of funeral directors, and
retirement homes. It all needs to factor in. Plan well and run through a few different
scenarios.
Action
As soon as you have made your plans and set your goals, it is time to take action. You need to make sure that all of the goals you have set with regard to your finance are achievable.
Often when we say we want to save 600,000, we miss the steps in between like – save 600, save 3,000, save 30,000.
The smaller goals, the more achievable they are. Of course, they are stepping stones to your financial goals.
Related: 10 Creative & Proven Ways to Save Money
Accountability
Your financial self-care is going to make you feel good, as long as you remember that no one else is responsible for your financial wellness.
You have to hold yourself accountable, and that means celebrating your wins and tackling your money with confidence.
I believe you do understand now, that looking after your money is self-care too! You know I love hearing from you all. Meet me in the comments section and let’s chat about this!
Conclusion on Looking After Your Money Is Self Care
Your finance plays a massive role in your life. As a matter of fact, it the determinant of how every other aspect of your life will be like so looking after your money is self care too and it is something you should definitely start doing if you aren’t already.
Looking after your money is self care. Let that sink into your pores. Start taking care of your finances beginning today so you can have a full grasp of your personal growth and development.
If you found this helpful, don’t forget to share and do leave your thoughts about this in the comments below. Would love to hear what you think about looking after your money as a form of self care!
Kinging Queen
Hi, my name is Jennifer. I am an Engineer by day and a blogger 24/7. I am passionate about Self Improvement & Productivity and this blog is dedicated to that passion! I hope you find it worthwhile each time you visit! If you do find anything helpful on here, kindly share because sharing is caring!
Author
Exactly, NG. Money might not buy happiness but it does solve a lot of things and as you have rightly said, it’d be difficult to accomplish many things without money!
This is so true!! I just paid off two credit cards and it feels AMAZING. Having a good idea of where your finances actually are (no matter how scary it is!) is the first step to fixing things and improving your situation!
Author
I understand right! It always feels amazing when you pay off debt and what will even be more amazing is trying to avoid debts in the first place. I know it can be tough though lol.
This is so needed. I wish I had someone teach me money management. I am returning to work because I miss teaching but mostly because I need the money. I will be 68 on my birthday, and I will probably work until I am 73 or so. I want to travel and the only way to do that is to continue working.
Author
Ma’am, I have been following your blog. Although I haven’t been on WordPress for a long time, I am always inspired by your write-ups and they have given me hope and motivated me at different times so much so I am amazed and happy that you not only read this but also took time out to comment and talk candidly about the blog post (just like on your blog!). Money Management is huge! I am beginning to appreciate the importance of starting early (wish I actually started very very early). Your wish to travel will come true! You don’t look your age, so I know at 73, you’d still be kicking ass! Wishing you the very best of luck!