10 Ways to Live Rich and Spend Smart in 2014

Uncategorized

Living rich does not mean mindless spending. 2014 is about getting back on track and making smart spending decisions that allow us to live rich lives everyday.

 

Here are 10 ways to live rich and spend smart in the new year:

1. Return to debit-only spending and avoid overspending on credit cards.

2. Give a small, homemade gift spontaneously to a loved one, just to show them how much you care about them. Check out this Pinterest board by Saving by Design for some ideas!

3. Smartly make purchases for experiences, rather than accumulating stuff. For example, book reservations with Open Table and strategically use those points for great date nights with your significant other!

4. Attend a free yoga class! Nothing says relax and rejunventation in the near year like a downward dog. Here are a list of websites that offer free (or dirt cheap) yoga classes.

5. File your taxes by Feb. 1st to avoid the inevitable last minute anxiety of rushing in April. Then put your tax refund into a savings account, rather than spending it!

6. Pay off your credit cards (for real this time)! There is no better way to build wealth than to get out of debt. Use an online tool like Ready for Zero to pay them down.

7. Cancel those magazine subscriptions for those unread magazines. Saving even $20 annually on each is meaningful.

8. Make 3 simple new years resolutions, and actually keep them. Here are GoGirlFinance’s 6 steps to make sure you keep your resolutions.

9. Boost your creativity. Improving creativity allows you to access your rich, most creative mindspace to help you solve problems better.  Here are 9 ways to generate new ideas by Wisebread.

10. Volunteer one hour a month for a charity or non-profit that supports a cause that is important to you. You will not only enrich your life, but enrich the lives of others. VolunteerMatch is a great, simple way to find a cause you care about.

 

———————————————————————————————-

 

Written by Julianna of Moven. Follow her at @jbatistaa.com.

 

4 Ways to Cultivate Money Mindfulness This Holiday

Uncategorized

The practice of mindfulness is about getting out of our head (where mind chatter lives) and dropping into our body, while having sensory awareness of what is going on inside of us. It is in part being an observer of ourselves. In this place of observation, we notice our thoughts, feelings, and bodily sensations.

By using the breath (a few deep inhales and exhales), as a tool to relax into our body and become more aware, our mind chatter has less influence over us…because we are noticing the chatter rather than reacting to it. This simple act of dropping into bodily awareness has the ability to change the chemicals circulating in our bodies (reducing the stress hormones of adrenaline and cortisol), which help change our perceptions and how we view life happenings.

For example, the act of noticing the present moment through our senses, slows down our perception of time. Slowing down time, opens us to an inner stillness and it is in this space of inner stillness, where creativity can come forth. Why is this helpful in a season of bustling busyness? Because we can create our own inner calm regardless of what is going on around us. We can see new options and solutions to perceived concerns. We can re-frame in this space. It is a space where we can regulate our emotions, which is very important during this holiday season.

 

So, why apply the concept of mindfulness to our money lives? Because we get more:

Joy

Mindfulness can take us out of a “wanting state of mind,” and transport us to a “gratitude state of mind.” This shift can help us experience a feeling of “enough” in our lives. When we are fulfilled from the inside out, we spend less. We also experience more joy in this space!

Peace & Calm

Mindfulness can get you in touch with your true needs this holiday season, which may be to relax more and decorate less (just projecting out my own stuff here)!

Honoring of Spending Intentions 

Better decisions come from a place of mindfulness. With a few deep breaths, bringing us into increased self awareness, we may notice the inner chatter going on in our heads about holiday shopping. Rather than our inner chatter ruling our spending decisions, we can recalibrate, breath, and stay focused on the spending plan we have created for ourselves rather than doing emotional  or impulsive spending.

Creative Solutions

What if you are in a bit of a money pickle this holiday season, possibly recovering from some unexpected expenses, stressed about not having enough money for gift giving. Dropping into mindfulness can help you access your creativity, which can support you giving in a way that feels right to your bank account and honoring of your current situation.

 

IMAGINE staying centered, grounded, calm, emotionally regulated, and connected to what is most important to you this holiday season…rather than being in a space of reacting to the busyness, bustling, shop til you drop exhaustion, and trying to create a holiday season of perfection!

 

Denise Hughes works at the intersection of money, heart, and soul. She knows how to access a client’s emotional landscape in order to create change on his or her fiscal landscape. Her focus: The art of mixing possibility thinking, visioning, and mature money behaviors to create a unique financial masterpiece. Her magic touch: She brings creative, right-brain thinking to the canvas of numbers, sprinkling the process with lightness, un-shaming, huge doses of inspiration, and compassion.

IMG_7360

3 Tips to Avoid Arguments About Holiday Spending, Before They Start

SpendingWellness

 

Ah, the holidays - sparkling lights, get togethers with family, and lots and lots of spending! The holidays are like life on steroids:  a pressure cooker of money issues and old family dysfunction, with less time, more things to do, and extra sugar thrown in.  No wonder it is so stressful!

So how can you save your sanity, enjoy the holidays, and avoid arguing about money, too? Keep reading

For Divorcing Women: My Five Best Financial Tips For The End Of The Year

Uncategorized

 It’s already December, and I know it’s easy to get “wrapped up” in all the hustle-and-bustle of the holiday season. However, if you are planning to divorce in the New Year, this is also a time when you can take a few important steps that will make the process much, much easier in the months ahead.

So take my advice: Use the next few weeks to make a divorce financial list –and then, check it twice! To help get you started, here are my five best financial tips for the end of the year: Keep reading

Christmas tree with wooden backgr

Design A Festive Financial Plan

LifestyleSpending

 

It’s January 15th and you’ve just gotten home to grab your mail and walk in the door at the end of your day…when you notice that the dreaded post-holiday credit card statement has arrived.  You really don’t want to open that statement. (C’mon, we’ve all had that happen to us.)

Well I’m happy to say that it doesn’t need to be that way, if you’re willing to take some time to plan in advance to save money, keep from overspending, and avoid the post-holiday financial hangover! Similar to everyday money management, designing a holiday financial plan ahead of time that aligns with what matters to you helps more money to stay in your pocket while creating experiences and connections with people you care about.  Keep reading

1Gift box sparkles - instag

How to Change Your Holiday Money Story

LifestyleSpendingWellness

 

Twinkling lights are appearing.  Familiar songs waft through stores.  Sugarplums and family gatherings and gifts are just around the corner …

Meanwhile: who turned up the volume on my Money Story?

Money affects all of us, every single day.  On the emotional level, the practical level, the interpersonal level, the spiritual level … all of it!  And during the holidays, our “money stories” can get a little louder:  more prominent, more joyful, and often — let’s admit it! — more challenging.

Keep reading

0Elegant gift boxes

How to Give a Mindful Gift

LifestyleSpending

Even if you have planned, made lists, and started shopping for your loved ones already, there comes a moment during the whirlwind and heightened emotions of the holiday season when we find ourselves making impulsive, reactive, and unconscious spending choices.  We are often swept up in the mood, and hectic pace, of the season and can easily loose our bearings. Keep reading

reindeer

How to stay in the black this Black Friday and stop overspending

SpendingWellness

Black Friday arrives in just a few short days. But the way consumers will pile debt on their credit cards like never before, you have to wonder why they don’t call it Red Friday.

Accenture estimates that this holiday season, Americans will spend 11 percent more on gifts, or $646, as the appeal of Black Friday reaches a five-year high. But that’s not the only thing going up: NerdWallet’s 2013 estimates (based on Federal Reserve statistics) show that the average U.S. household credit card debt now stands at $15,159. That’s a 4.2 percent jump from 2012, when it was $14,517.

To make sure your spending doesn’t add to your debt load this holiday, you’ll need to put at least as much thought into your spending plan as your shopping list. Here are six steps to make sure you stay in the black this Black Friday and beyond. Keep reading

photo (9)

10 Reasons Why Experiences Trump Having More Stuff

LifestyleWellness

Achieving financial independence and being smart with your money is all about making sacrifices.  Most of us aren’t millionaires so we know that we have to prioritize certain needs and wants.  What one person prioritizes though might be completely different than another person.  Living life to its fullest can get expensive pretty fast so it’s important to know how to spend your money wisely. Keep reading

Enter your email address to subscribe and receive new posts by email.

Twitter