Nicky's Nuggets to Real Life Stress
One of the things that I teach my clients is money freedom and the various phases that one will go through to reach true money freedom. One of the things that they find fascinating is that they never knew it was or could be identified this way. The phases really help better understand where you are at and where you want to go. Once they identify some of the beliefs at each phase and how they are handling the money or lack thereof, then they can
Money freedom is defined as moving from a state of income allowance lifestyle to deliberately allowing of richness as a return of your experiences, gifts, and talents. There are 7 phases of money freedoms: 1) Income Allowance-credit approvals determine your haves and have nots, make decisions based upon income and expenses, budgeting for feeling of safety, 2) Shuffling-forgetting to pay bills, start acquiring late fees, overdrafts, and prioritizing payments based on urgency, 3) Melt Down-"I'm broke", broken down, regroup, 4) Rebuild-expenses get lowered, income goes up, or eliminate somethings, 5) URR-Unconventional Resources Revealed-Peace, Self-Trust, Small & Something Discipline Builders, 6) Money's Friend-Partner with money, ways to increase others lives, getting money to work for you, 7) Richness Allowance-Spiritual gifts are sources of unlimited income, use your mess to provide the message to others, and experiences formed your expertise.
With many new graduates set free into adulting I see and hear one of their big concern is the "I don't have credit". I do want to believe Dave Ramsey and live a cash only life. However, after going through natural disasters and not being financially prepared for it I realized the importance of the plan b for these plot twists. Have good credit as a backup in case of a true emergency. Yes, we did survive without it, but I have to tell you there were times that we got denied any help because of this. Insurance is not going to cut it for major catastrophes so set yourself up for all possible resources out there. Also, take one small step today with a long term vision of having perfect credit, cash in the bank, etc. Go through the phases and see where you land instead of being stuck fluctuating from 1-3.
Schedule your Complimentart StressLessSecrets Session so we can identify your first step to money freedom today.
I've got secrets to unconventional resources. It's your time to be rich, full of love, peace, and happiness.
Stress Management Life Coach