I re-listened to Suze Orman’s rules on intentional spending:
- Live below your means and within your needs.
- Buy your needs.
- Be as excited for saving and you do spending
As I listen and learn about other people’s journeys and habits, I am no longer fooled by statements that sound great on the surface. Whether it be through knowledge or intuition, I know that’s not the whole truth.
Truth is power, it’s riches!
Someone exclaiming – ‘I did X and put down a house deposit!’ Or ‘Yeah £100 is nothing’ and ‘I earn £30,000 a year by myself’ when I know, that debt and more debt was involved, not having money, to begin with, and borrowing it so everything seems affordable is not ok and it doesn’t matter how much you earn if you waste it away and have nothing saved.
These are financial fakers, we may have been in this category at one time or another. I was at the time of being a Nursery Nurse, I got paid very little though on the outside I seemed like I had the perfect living set up, spare cash to spend and was happy.
I was not.
I paid a ridiculous amount of rent, spent all my money on art supplies and hated my job. I had no savings. It was a vicious cycle.
Keeping up with other people, with how you think your life should be will not work for long.
Keeping up with your values, building security and stability for yourself is important.
I am pleased when I hear the same people say ‘I can’t afford that at the moment’ and are eagerly switching billing providers to a cheaper one as often as they need to. Another saying ‘This year I’m going to save £6000’ compared to before asking ‘What do I need to save for?’
Now I also out loud say ‘I can’t give what I don’t have’ or ‘How can I afford it at the moment?’ when recently asked to gift someone money, I respected my financial situation, I talk about it in January no spend update.
In truth I am a wife and mother supported by my husband at the moment, I teach Yoga and I’m starting another soon and launching a product. I’m looking for a part-time job too.
I’m spending what I, what we need, I’m getting focused and that is powerful.