“Financial self-care is important to our overall happiness because what we can afford plays such a huge role in what we allow ourselves to do for ourselves.” -Spreeisms
As the fourth quarter of the year rapidly approaches an end many of us are checking our savings to see what we achieved this year, preparing for Black Friday shopping, and seeing how we can swing that big purchase for bae that he or she has been wanting. Some of us have already strategically set aside money for the holiday season and are prepping for 2019’s investments. Whichever group you may fall in, it’s safe to say at some point we all have experienced some anxiety and overwhelm as it relates to our finances; it’s normal. However, when we talk about self-care, I hardly ever hear mention of budgeting finances which is odd because financial health is a huge element of self-care.
Financial self-care is important to our overall happiness because what we can afford plays such a huge role in what we allow ourselves to do for ourselves. If we prioritize our financial self-care, the way we plan vacations and schedule bi monthly trips to the salon, we will realize that handling something seemingly stressful can actually eliminate overwhelm. I’m no financial advisor, although I can recommend a good one if you’re looking, I do believe we need to be more aware of the role we play in our relationship with money. In order to achieve sustainable self-care practices two things must take place. First, we should reframe our idea of what is considered self-care; we should work toward implementing forms of self-care that aren’t costly. Secondly, we should implement financial management habits that decrease stress like: budgeting, saving for discretionary spending sprees, or setting financial goals.
My favorite part of this season is the enthusiasm in preparing for the coming new year, and your financial vision board can be a part of the planning too. I completed this challenge last month, so I am extending it to you! Write down a list of your 2019 financial goals and plan your spending around purchases that allow you to achieve those goals. The caveat is you’ll need to avoid purchases that do not align with your goals. The purpose of this challenge is to get on the same team as your financial goals instead of working against them.