Post by Contributing Writer, Rachael
Have you ever seen an optical illusion like the one above? It can be a handprint or a lion running toward you. It just depends on how you are looking at it.
Looking at our finances is very much the same. You can see your financial state fearfully or joyfully, it just depends on how you choose to see.
Most people begin to assess their financial situation at the beginning or end of the year or at tax time. Since we are near all these, I thought I would share with you some encouraging financial words to get you on the right track!
Financial Plan vs. Spending Plan
Do you know your financial type? Are you a saver or a spender? Based on you reading this blog, I’d guess you are a saver or a spender growing into a saver! Either way, decide your financial type and see your money through those eyes.
Savers: Call your budget a “Financial Plan”. This provides a sense of accomplishment and allows for you to think and focus on your financial goals. Savers like to plan so using this terminology when looking at your money will help keep your goal oriented nature in the forefront of your mind and actions.
Spenders: Call your budget a “Spending Plan”. Think positive and think realistically. As a spender it is easy to get discouraged by looking at numbers on a spreadsheet and feeling like your money doesn’t really belong to you. Instead, see your financial goals and every dollar you account for as a positive spending choice.
Wealth vs. Resources
Why have a financial plan, spending plan or monetary goals at all? Are we all just trying to be frugal so we can be wealthy? No! One of the goals behind frugality is to be good stewards of the resources we have and be wise.
How are you viewing the money and possessions you own?
Wealth: If you look at everything you have and everything you own as a sign of your wealth, you will not be satisfied. Someone will always have more, better or greater than you. Synonyms for wealth are: affluence, treasure, material goods, funds or holdings. Although when used wisely these things can be good or even great, wealth on its own will never be sustaining.
Resources: But what if you viewed your money and possessions as a resource? A resource is synonymous with a reserve, supply or having enough means to do something. When we begin to see our money and possessions as something we have in an emergency (ours or someone else’s), a supply to be used, loaned or given and even a means perhaps to an end for you or someone you know, we begin to see what we have differently.
Even if we have a small amount, seeing our money and possessions as resources shows us a value beyond wealth. What we have can be life giving and life is what we value most.
This year see your financial life in a whole new light. Change your vocabulary just a little and see the world a little differently, you never know where new life might spring up!
Rachael shares financial tips from her kitchen table surrounded by her growing belly, two active toddlers and her husband. God has called her from corporate life into His grace as an at-home wife! She shares about her passion for motherhood and life at To Be a Mom…
If you have a financial question or topic you would like us to discuss, leave a comment or send us an email!