If you’re ready to Turn Money Blues into Happy Money here are 7 Steps

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How many of you believe that more money will bring you greater prosperity, peace & happiness?

A study showed that people thought their life satisfaction would double if they made $55,000 rather than $25,000 a year. 

But, in fact, those making 55k were only 9% more satisfied than those making $25,000. (*Happy Money – Elizabeth Dunn & Michael Norton)

If you’re ready to Turn Money Blues into Happy Money here are 7 Steps:

Step 1) The first step of change is being willing to do something different. It really does take 21 days to settle a new habit into your brain. Pick 1 thing from the following list and commit to doing it!!

Step 2) Focus on Experiences rather than stuff*:  My husband and I live a simple life and one thing we value over a big house or fancy cars are experiences. Dave’s a hanggliding pilot, we like to travel and I like to push myself exercise wise – occasionally. This weekend I’m doing a 30 mile bike ride in Napa with girlfriends.

Step 3) Value the Money You Already Have: Research shows that after $75,000  a year more money doesn’t make people ANY happier – zip. Instead of focusing on MORE how can you get the most out of what you have? Look at your expenses – no, really print them out and look. Notice where you can cut and make conscious spending decisions.

Step 4)  Pay Now, Consume Later:  We are a want it and want it NOW society. And, we have the debt to prove it. Yes, it feels different to SAVE and plan our purchases but the brain is trainable. Take one small purchase this next week and put it off for a couple weeks. Notice how you feel when you DO buy it.

Step 5) Time Affluence: Buy Time*: We are so BUSY. “…30% of emails are viewed as unnecessary.” (Happy Money) Try having a TECHNOLOGY FREE afternoon and unplug from email, texting, Facebook. (really – they’ll survive & you will too!!).

For women in business Delegate and Hire. Yes, I know it’s not easy, but we can’t do everything ourselves and we need to focus on doing the Revenue Producing activities.

Step 6)  Take a Financial Health Assessment:  Have you thought about where you’re at financially? Let it be a judgment free zone, but it’s hard to know WHAT the priority is.Send me an email and I’ll send you a quick and easy assessment that helps

Step 7)  Start with The Basics:  If you’re not paying your bills on time – that’s where to start. Then work on saving - $25.00 a month is better than nothing and set it up automatically. Then raise the amount every 6 months by $25.00.

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Certified Money & Business Coach, Professional Speaker & author, Lynn Telford-Sahl, writes the weekly PowerUP Your Money blog for women in sales and small business. If you’re ready to PowerUP your Money, your Business & your JOY get your FREE Strategy Session with Lynn at www.joywithmoney.com