|Have you ever tried to catch a ball, only to get blocked by someone?|
You can’t help but feel disappointed because you nearly reached your goal to catch the ball, but you didn’t. People face blocks all the time. It’s a part of life. Busy Moms face a LOT of blocks. (and overcome a lot, too. We rock.)
Most women want to manage money to the best of their ability. They want to be efficient with their income. They want to stick to a budget and achieve their goals. They want to lay their head down at night without the weight of debt causing sleepless anxiety. They want to feel in charge of their money. This is what I call “pretty money.”
Today, I wanted to talk about the THREE biggest blocks you will face when it comes to getting to pretty money.
1. [Goal Blocker #1] TIME.
The first block you’ll face in the future is not having enough time. Time is probably a busy mom’s MOST valuable commodity, because we never seem to have enough of it. We’re carting kids around. We’re working. We’re doing laundry. We’re cooking. We’re separating squabbling siblings while on the phone with our sister and trying to get a tick out of the dog at the same time. Youuuuu know what I mean, girl.
We can’t just MAKE more time. We are all given the exact same number of seconds in a day. We have to prioritize them. We moms have to be vigilant about carving time out for the things we want… because it’s in our nature to give our time away to everyone and everything else.
My suggestion is to keep your goals TOP OF MIND by putting them in your face every day. Sticky notes on the mirror… changing your phone background with a message that reminds you about your goals… a vision board… a bracelet with a reminder charm. Whatever it takes, do it all. And remember to SCHEDULE time in your week… EVERY week… to work towards these goals.
In the Pretty Money Club, we keep on track with our financial goals by meeting weekly. I also release new content to the member’s site every month that these busy moms take time out of their weeks to learn. They MAKE time to ensure their money is lining up with their goals. Because let’s face it… many of our goals require some financial backing.
2. [Goal Blocker #2] MINDSET.
The second block you will face in the future is your money mindset. I talk to clients every day that have limiting beliefs about money. Sometimes they don’t even know it. I focus a lot on mindset in both my one on one coaching programs and in the pretty money club, because it can mean the difference between feeling crushed, stuck, or anxious and feeling grateful, free, and excited. Getting your money mindset right includes:
– Forgiving yourself for mistakes you previously made with money
– Having a dream or goal to look forward to
– Changing negative self talk
– Believing that you are deserving of money and that you are not limited as to how much you can earn
– Switching your mindset about debt. Don’t let it be a weight constantly pushing down on you. Be grateful for what your debt has given you and remind yourself that you can put together a sustainable plan to be rid of it while still living life fully.
3. [Goal Blocker #3] FINDING SUPPORT.
We can all be good at something, but we can’t be good at everything. Money included! Learning to manage money well is a skill that can be learned… but you gotta find the right people to teach you. When I talk to moms these days I always hear “I wish I learned this when I was younger.” But we often don’t. It’s not taught well in school (though I am trying to change that! I’ve been teaching money skills at local high schools!!!) and many of our parents weren’t very successful with money. When it comes to personal finance… there are a LOT of different pieces to a really great overall financial plan. Budgeting, savings, RESPs, RRSPs, insurance, investments. The best chance you can give yourself to learn is by finding someone to teach you.
I hope that you have found this helpful. Be mindful of these common “potholes” that you may fall into as you try to reach pretty money. Jump over these blocks. Let’s go!