Money Matters “Your money needs a purpose, How can you add purpose to your money?

Money is a tool but many people mistakenly see money as a means of show and tell.

Many people buy stuff to prove to other people that they have more stuff which makes them look cool and gives them a sense of accomplishment but deep down they are living financially burdened. Bills piling up and credit card debt at a high. Are you guilty?

I have seen it over and over again where too many people are addicted to stuff and not true financial freedom. It’s not that their income is the problem but their money mindset and their attitudes, behavior and lack of financial education might be keeping them back from true financial wealth.

How do you manage your money?

Do you know how much money is coming in and how much money is going out? If you don’t tell your money where to go and give it a purpose and some direction then it will leave and go somewhere but not stay with you. You are here and reading this blog today because you are either on a journey of achieving financial success or freedom or you are tired of being tired and want to have more out of life and you want to transform your mind so that you can be truly financially free.

What’s Financial Freedom to you? This is one of the first and most important question that you should answer to understand how you would want your financial life to be and what goals or plans you need to identify and clarify to meet your financial goals. The only way to financial freedom is through awareness; being aware of your finances. Becoming money conscious, having a positive money outlook, getting financial education and understanding how money works.

I have been on this money journey myself, believe me I know some of the struggles you may have at this moment. What got me on this journey was the lack of money and famine cycles I was experiencing. I had no choice but to create an abundant mindset and worked on tools to build wealth. I was broke mentally and looking on the outside for assurance and more money when all I ever wanted was on the inside of me. Your money behavior stems from your money beliefs and your money consciousness. If you are able to master your emotions you can master your money.

Have you ever had money for savings or money put aside for a rainy day and out of nowhere comes an emergency popping up that you did not plan for, instead you had to use this money to offset this emergency? Yep, I have been there too and that is why you need funds for different things and this starts with assigning a purpose to your money.

Here is simple but proven money system that I use with the envelope method to save, spend and invest.

Use this method with your income and put some purpose to your money.

1. Savings/ Stash 10% 10 % of your income is for you no matter what to save and to stash for an emergency funding.

2. Giving 10% It’s better to give than to receive and this is biblical facts; Acts 20:35 God can never bless a hoarder or someone who keeps what he earns to himself. If you are a sower you will reap a bountiful harvest.

3. Investments 20% When you are on the journey of wealth building you will need to look into investment tools and strategy but don’t jump into investments until you have gotten rid of all your high interest debts or bad debts and have a key understanding of how investment works. All investment requires some form of risk.

4. Expenses 60% This is the biggest junk of your income, bills never stop and you pay to live not live to pay. Therefore expenses will always be here and you can’t get rid of those so plan for them and see yourself paying them with ease and paying your bills will no longer feel like a burden but a blessing knowing you are able to pay it.

In Conclusion

You can start using this method today and dedicate yourself to being consistent and watch how much of a difference you see in your life where your money is concern. If you are telling yourself today that I cant do this because I just don’t have enough, you don’t have a money problem you have a mindset problem.

Becoming financially wealthy is knowing that you can take care of your family and provide for them while making them happy, healthy and empowered to make better financial decisions. Better financial decisions starts with you.

If you start building better money habits you can watch your entire financial situation change right in front of your eyes. Mark Twain once said “The secret of getting ahead is getting started”. You can start your new money belief and journey today.

Master the art of controlling your money and your money will become a slave to you and you it's master. Your money deserves a purpose, create a plan and direct your funds accordingly.

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