Winter Money Blues? Zip Right Out of Them!

Winter Money Blues? Zip Right Out of Them! Whether you're business women, or stay at home moms, it's the third dreary, cold, gray week of January. Christmas bills are coming in, the budget was blown, the spending high of December long forgotten and tax time is right around the corner. No wonder January is the longest month of the year.

Remember, we nearly always survive January anyway, but here's how to speed up the financial peace process.

1) Give yourself 1 hour or 1 day (depending on your needs) to REALLY feel the sadness, depression, angst of your situation. Moan, groan, complain, vent, cry, yell.  Go into it and when that allotted time is complete - move on.

2) Financially Assess where you're at:  Pull your ostrich head out of wherever it's been and take stock. Look at all the bills, count up the money owed, make a list of what's due, when.

3) Make decisions. You've got the list of money coming in and bills due. What's the loudest bill? What can you pay on it. Go down the list. Prioritize.

4) Send the payments. No matter how few or how small, actually sending the payments out feels good.  

5) Congratulate yourself - Ta-Dah. "I did it."  Call a friend and share. Feel good about the progress rather than always striving for perfection.  There now -  it's nearly February!

As a woman in business, who is also a Certified Money Coach, I know what it's like to struggle with money and how good it feels to take charge.  Financial peace and health come with focus, prioritizing and persistence. Here's to you!

Money & Happiness: Do You Deserve Both?

Do you suffer from “Happychondria*,” or the fear of being happy.  What about “moneychondria” or the fear of having  money?  I think it’s safe to say many of us have both of those fears though we would deny it’s so because those beliefs often sit below our conscious thoughts. However you’ll see the evidence of those fears if some of these conditions exist: 

(Circle all that apply for you) 

* You spend more than you make,

* You “debt,” or consistently run up credit card debt,

*  You under-earn or

*  Over-service clients (a condition that many self-employed do). 

*  You give your money away (to children and other “needy” folks and don’t keep enough for yourself) – a money mistake women often make

*  You’re not planning or saving for the future

*  You make plenty of money, but feel out of control because you don’t manage it

Let’s take a look at how much money it takes for Happiness.  Here’s a question I like to ask audience members when I give talks such as Power Up Your Money, Power UP your Life:

How much money does the average American say they need to be happy?

Pick one - Multiple Choice

1)    $100,000 annual income

2)    $50,000 annual income

3)    $1 million annual income

4)    $75,000 annual income

If you picked D you win the prize.  Research shows that $75,000 is the income most Americans currently feel is enough for a decent standard of living.

But, how much money is enough for you to be happy?  Not your parents, neighbors, siblings, friends?  But just you, my friend.

Write Down: 

1)    My current annual income is $________________.

2)    In order to insure happiness and contentment financially with no more money problems and worries, my annual income would need to be $______________________.  (*from David Krueger’s The Secret Language of Money.)

For most of you the 2nd number will be about twice the size of the first.  While we all want to have goals, what happens when we reach those goals?  Most people set a NEW number that is – yes – you guessed it – about twice the size of the previous.  When is what we’re making enough?  When do we decide to stop chasing MORE and be happy with what we have?  We all deserve to have enough money and happiness and when we become conscious of what's getting in the way we are able to create that for ourselves.

As a Certified Money Coach I offer a FREE 15 minute Strategy Session for any money situation you’re struggling with. Email me at lynntelfordsahl@gmail or call (209) 492-8745.  

(*from Happiness Now by Robert Holden, Ph.D - highly recommend this book)

Won't More Money Will Solve All My Problems?

"If I just had more money, my problems would be solved." According to Brad Klontz." (author of academic study, "Money Beliefs and Financial Behaviors: Development of the Klontz Money Script Inventory," published in The Journal of Financial Therapy) most Americans fall into this money belief pattern. Our self-worth and our net-worth are very intertwined in American culture and our money beliefs are for the most part unexplored and below the surface of awareness. Have you ever overreacted to a financial situation like your spouse asking you something about the household finances and wondered, "What just happened?" I know I have. That reaction is tied to your unexplored money beliefs, habits, attitudes and patterns.
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Is Shopping Till You Drop a Problem?

Ever shopped because you're stressed or anxious? To distract yourself from problems or after a fight with your spouse? Because you're bored, lonely? Do you shop every day? What would happened if you didn't? What do you imagine you're really going for when you shop? (What feeling are you trying to deal with, deny or fill?)
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