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Invest in yo’self!
Relationships with money are… complicated. Depending on how we grow up, we tend to have very different views on how we spend and save money.
For most people, money is not a topic that is discussed freely. To be frank, it usually makes people feel pretty uncomfortable. Uncomfortable if they have it and someone else doesn’t; uncomfortable if they don’t have it but wish they did; uncomfortable worrying about if other people are uncomfortable talking about it; uncomfortable about spending it; uncomfortable about saving it; and… well, you get where this is going. Money is weird.
We understand that every person’s story is different and because of that every person’s relationships to money is different. We are not here to tell you how to best invest your money, or how to make the most possible money you can. We are not money experts or financial planners, nor do we ever plan to be.
We are here for a different reason…to change the conversation about money and to help you (and us) accept money for what it really is: a form of energy.
We have spent the past few years getting pretty good at making, saving, and spending our money. From trips to foreign countries, to graduate degrees and yoga training’s, to Free People shopping binges and everything in between, we’ve pretty much covered all grounds when it comes to our personal finances.
Along this journey of financial discovery, we’ve gotten pretty freaking good at one thing in particular, understanding the difference in investing vs. spending and the importance of investing in ourselves.
Let’s break this down a bit here…
- Investing: spending money with the expectation of achieving something in return.
- Spending: the pay out of money for buying things, with no expectation of return.
(We’ve tweaked these definitions to fit into TAD terms, but you get the idea)
… see the difference?
Investing in ourselves means we get something for it. Spending means we throw money at something and get nothing back… except of course, more stuff.
Which one sounds better to you?
Sure, we’ve spent our butts off over the years. Coffee, parties, clothes, candles, and all the other nonsense that we’ve told ourselves we ‘need’ at one point or another. But none of those things meant much to us in the grand scheme of things. It’s the personal investments: travel, certifications, workshops, and experiences that have left us forever changed and yearning for more.
Sounds appealing, I know. So where do we go from here? How can we change our ideas and weirdness around money and get on board the train of investing in ourselves over frivolous spending?
Lucky for you, you’re in the right place! We’ve broken down just how to accomplish this in an easy to understand process we like to call
4 TAD steps for money magic
1.Get to work!
It’s as simple as it sounds. Don’t have a job? Go apply for one. It isn’t the job you want? Work there anyway. Not making enough money where you are? Find another job and work it during your off time. Sick of the grind? Get going on your side hustle and make it a side business.
There is money out there to be made, and it is up to us to chase after it. If we don’t, someone else will. With a mentality that we are ‘above’ certain jobs comes a negative energy. This energy is reflected in our ability to maintain work, generate income, and thus creates a non-ideal environment for money to thrive.
Remember, money is an energetic form. This means that it responds to us and we respond to it. The more open, joyous, and accepting we are about the financial abundance that surrounds us (yes, YOU TOO) the more likely we are to be met with financial freedom. It takes time to get to this place, but it starts with putting in the time, patience, and effort at work. Boots on the ground, ladies.
Lack begets lack; abundance begets abundance. Get to work and do it happily, not only will you feel better, but things will begin to financially fall into place.
2. Get clear about what you want to invest in.
Having control over our day to day finances is important, and gaining that independence feels great. Who doesn’t remember how amazing (and terrible) it was that first time you paid the rent on your apartment all by yourself?
While it’s vital to be in control of our daily spending to ensure that all of our basic needs our met, it is even more important is that we invest in ourselves and in our own well being. We cannot be the best versions of ourselves if we do not care for ourselves. This means dropping some money on the things that matter to us so that we have the opportunity to thrive.
Not sure what makes you feel your best? Talk to someone about it! Call your mom, sister, or friend. Get quiet and have a brainstorming session in your journal, or think about it over a 10 minute meditation.
Every moment spent thinking about what we want in life brings us closer to our truth. It is important to understand what we want so that we know how best to invest our hard earned money. Each personal investment takes us one step closer to the people we know we are meant to be, and that is what it’s all about.
3. Take action!
Once you’ve figured out what you want to invest in, take action! How much is the investment going to cost? Should we create a savings plan over the next few months? Let’s factor this amount into our usual budget and make space for this investment to thrive. If this means less eating out and fewer happy hour’s, so be it! Remember, we are putting ourselves first here.
If doing this on your own scares you, find someone you can trust and ask them to be your accountability partner. Saving for something big for the first time can be scary and intimidating. Having someone to walk with you and keep you in check is always helpful in life, especially when it comes to finances.
If you don’t have a person around, just as Siri to step in. There are many personal finance apps out there that do wonders for helping people save. We recommend checking out Mint or BillGuard.
We are going to continue to spend money on ridiculous things. We are humans, it’s what we do. We have to stop the mental abuse and blaming that comes along with too much spending. If you went crazy at Target or Amazon, let it go. It’s okay. For most of us, we still have a roof over our heads and food to eat, when our essentials are met, everything else is just extra.
Additionally, it’s important that we forgive ourselves for the important spending, too. Investing in ourselves (which can sometimes be in the form of thousands of dollars) is scary, especially for women.
Most women walk around with a guilt complex. We feel guilty if they spend money on themselves because they think it should go to their families; We feel guilty if we enjoy the money we spent on on ourselves because we worry about what others might think; we feel guilty about talking about our spending in case it may make someone else feel bad. This list could go on and on.
Part of living our truth and daring to change is shouting to the rooftops “I AM ENOUGH! AND I DESERVE IT ALL!”. We cannot pour from an empty cup. The most crucial thing we can do for ourselves is fill our cup up first, and then tend to everyone else’s. This means getting clear about what we want, investing in ourselves, and loving the crap out of ourselves for doing it.
Now, what was that thing you’ve spent years thinking about doing but haven’t done? Do it… you officially have permission.