Is your number one worry about money? If it is, you are not alone. A recent Financial Stress survey by FP Canada revealed that 38% of Canadians were in the same boat. And the numbers haven’t changed much since 2014.
Not to mention, we have seen this financial worry in our clients since we started 15 years ago. It has become one of our driving purposes – to help people with money as a way of enhancing their lives. We have seen how having a financial plan in place with a simple to follow structure (No Budgets here my friends) can make an amazing difference in the level of stress and anxiety people feel about their money.
And the numbers from the survey illustrate that as well – people with a financial advisor were less likely to be in the stress and anxiety boat.
After seeing these remarkable changes; of people coming in stressed-out to feeling in control, having little anxiety and excited about their future, it wasn’t hard for us to make changing the lives of a million people through financial health our BHAG.
If you were to think about the amount of energy it takes just worrying about money, bills, saving for the future, it’s a lurking feeling for many. This little gremlin called worry shows up when you least expect it –(s)he shows up when you are about to fall asleep, sometimes even waking you up at 2 am, or right when you are about to make a financial purchase. And for some, this little gremlin is there all the time.
What we know – the gremlin that is captaining your boat isn’t a logical beast. It was programmed years ago, when you were just a wee one, setting up the way you think about money. Probably before the age of 7, most of your money mindset thoughts were imprinted and are affecting you to this day.
Some messages you heard growing up; Money doesn’t grow on trees, You have to work hard for your money, Rich people are bad – may have become the underlying current, the silent captain of your ship that you didn’t even realize.
Your financial plan, the way you spend your money, needs to be built in a way to make sure the gremlin is quieted – so that it doesn’t keep you up at night. The goal is to spend your time and money on things that enhance your quality of life.
The three steps you need to take are:
- If you don’t have a plan or your plan doesn’t quiet your gremlin, take action. Find a financial advisor or money coach who understands that you may have a gremlin and then get to it!
- Identify and write down the things that your gremlin is doing to keep you awake, or anxious about money.
- Don’t be afraid to tackle the gremlin. It lives on because you aren’t challenging it. Name it and tame it!
The first step is the hardest, but you will be so happy you did! Want to have a quick Financial Strategy Call, check out my schedule here & BOOK YOUR CALL NOW!!