WAYS TO REDEFINE LUXURY

Spiritual Injection • May 2, 2022

Social media combined with self-comparison can lead you down the dangerous road of doubt, fear and overall uneasiness. “Why can’t I buy this? Why can’t I travel there? I wish I could drive that car. They seem to have it all together. Why is it taking me so long to get to the next level?” Before going too far, remember this: social media is a highlight reel full of things people choose for you to see. In order to stay true to who you are, check out these reminders to re-centre  your mind and your finances. 

Define what luxury means to you


When we hear luxury, people often think about material possessions such as clothes, purses or cars. While these things do exist, have you ever thought about this as it relates to your quality of living? Being able to handle emergencies without impacting your budget, planning for a much-needed vacation or eating out when you choose are also considered a luxury. Think about what means the most to you. Is it being able to take yourself out on a dinner date? Is it being able to splurge on a spa day? 


Narrow your focus


Too much of anything isn’t useful – and too little of something isn’t the most ideal. While you may not be able to focus on saving for your dream car, an island vacation and endless shopping sprees – you can choose one to focus on for a set amount of time. Using this method will help you focus your financial habits while avoiding emotional or impulse decisions. Everything is attainable, but we must break out goals into manageable steps. 


No one has it all even if that’s what they show you


Social media, television and every marketing avenue we come across daily has one job – and that is to persuade. Marketing agencies aren’t concerned about your budget, your financial aspirations or your credit. Their sole purpose is to ensure you consume and spend as much as possible at any cost. Your job is to make sure you’re protecting your mind and securing your own financial future. What accounts are you following on social media? Do they serve as motivation or are they stirring up feelings of inadequacy? Remember, you control what you see. Don’t allow people you don’t know dictate how you choose to live your life – this looks different for everyone. 


Having a savings is a luxury


Society tells us to buy, spend, enjoy and live in the moment. This is only a half truth. The ability to pay your bills on time, save, have discretionary spending and live life on your terms is the real luxury. Spending time with loved ones, witnessing children grow and having peace of mind are things money cannot buy. 

GEMS FOR YOUR WEALTH BUILDING JOURNEY

By Spiritual Injection • May 12, 2022
No matter how you define wealth building, it’s important to start now. Time is one of the greatest factors when it comes to wealth building, so use it to your advantage. Here are four gems to remember on your wealth building journey. 

FIND PEACE ON YOUR FINANCE JOURNEY

By Spiritual Injection • May 10, 2022
Before we dive into a few ways to find your zen regarding your finances, let’s dispel a common myth. You can establish and maintain financial peace regardless of your current financial situation. Find solace in the fact that you’re not alone – we deserve peace in all aspects of our lives.  Adopt a mindset of abundance No matter what state your finances were in, have been (or will be) that doesn’t mean your mind has to follow. Instead of viewing your finances as unbearable or stressful shift your perspective. View your finances as a work in progress, not a finite destination. Things have no choice but to become better when you focus on what you currently have versus what you don’t; gratitude is a daily choice. Before setting a budget or savings goal remember – your current financial state doesn’t determine your future. Instead of internalising what you can’t do, consider what you are able to do. For example, when the bills are being paid timely and your necessities are covered that is a step in the right direction. Keep your mind on the positives and work your plan as much as possible. Create a reasonable financial plan To have any level of peace, the plan that’s in place must reinforce positive and forward-moving actions. Create or re-establish a budget that’s conducive to your current financial situation. If you want to work on paying off consumer debt, save more or stack up an emergency fund make sure these goals are incorporated in your plan. Having a plan will provide the day-to-day peace that’s needed to progress forward. Invest in your future Where do you want to see you and your family in the next 10+ years? Peace comes from preparation. Double check your 401k and/or any investment accounts. If you need to begin long-term saving, remember it’s never too late. Solicit the help of a financial advisor to help you in case you need further assistance. No matter your income, keeping your future in sight will bring you peace of mind. Empower yourself – trust your decisions Making decisions that not only secure your financial future won’t always be easy. There will be challenging decisions that have to be made, along with sacrifices throughout the journey. No matter what, remember that time, effort, and consistency is always worth your financial peace of mind. Anyone can achieve financial independence; you aren’t an exception!