It takes 21 days to form a regular habit, but to form a savings habit, it takes 60-90 days. Ninety days because you actually start seeing results. You start seeing your investments grow. You start seeing your credit improving. Those results are what set the habit for good.
But money is energy, right? And there is a lot of negative energy when it comes to even setting a healthy savings habit. I’m here to help you flip that into positive energy.
In order to do that, we have to dive into how you truly feel about money. We have to dispel some myths or bad beliefs you might have and replace them with positive beliefs.
I want you to look at yourself in the mirror and ask yourself: How do I feel about money?
(Side note: If your answer is, “Meh, I really don’t need it,” or, “Ew, money is evil,” then you can thank the universe whenever you don’t have money. Problem solved.)
Here are some more questions while you’re having a heart-to-heart with yourself in the mirror:
- What is my relationship with money? Is it needy, toxic, fearful, happy?
- What was my parents’ relationship with money?
- Who around me can I say has a healthy relationship with money, and why?
- Who has a poor relationship with money, and why?
- What do I want out of money? What is going to motivate me? (Having kids, buying a home, paying off loans, etc.)
- Do I spend money on things I don’t truly need? Why?
Questions like these will help you get down to your root attitudes about money. And you might be surprised at what you find. Many of us aren’t savers because we use spending to fill emotional needs. Or we don’t truly believe we are worthy of money, so we find ways to throw it away.
I’m a firm believer that we are in control. We make ourselves poor, or we make ourselves rich. And it all comes down to our attitudes.
Once you get down to the root cause of your money problems, this is where all the fun and magic begins. As you replace negative thought patterns with positive ones, saving more — and even earning more — becomes easy. You are no longer standing in your own way.