Whatever your finances look like right now, even if you’ve amassed credit card or other debt, it’s possible to change things— but you’ve got to acknowledge that you’re the only one who can do it. There is no quick fix, no magic bullet. No one else is going to change it for you.
If you’re truly willing, here are some tools that I used to get out of $187,000 debt and create a very different financial reality. Let’s go; let’s have fun!
Start a 10% account
This may not make logical sense, but starting a 10% account really changed the energy around money for me. Here’s how it works: you put away 10% of every single cent you earn, just for you. If you earn $10, you put $1 away. You’re not saving it for a rainy day, a relationship break-up or for Christmas presents. It’s not to spend — ever. Your 10% account is about being grateful for, and gifting to, YOU. The interesting thing was, a few months after I started the 10% account, I no longer had panic about money.
I recommend starting a 10% account today, even if you’ve only got $100, even if you have bills screaming at you. As the money grows you’ll notice a sense of ease in your universe. Somewhere you know that everything will be okay. You have peace with money.
2. Carry around the amount of cash that you think a wealthy person would carry
Imagine opening your wallet or purse and seeing cards and small change. Now imagine, seeing a big wad of cash in there as well — would you feel different about your life?
This tool really makes me feel abundant with money. Because I travel so much I often have cash in different currencies. How much cash do you think a wealthy person would carry? $1,000 or $2000? What brings you a sense of wealth?
Sometimes people ask, what if I lose it or get mugged? The truth is, when you carry around a large sum, you’re very aware of your money. You’re conscious of where it is and who is around you and what’s going on at all times. If you avoid carrying money for fear of losing it, you’ll never allow yourself to have money at all.
3. Buy things of intrinsic value
You don’t need thousands of dollars to invest in things of intrinsic value. I’ve used my 10% account to buy gold, silver, platinum and jewellery. Things of intrinsic value maintain, or increase, their value over time and can be easily sold for cash if necessary. They also bring a sense of wealth to your life.
You could start by buying a silver teaspoon to stir your coffee with. Gold, silver, platinum can be bought in ounces, kilos or coins. Antiques or jewellery can be good investments too. Spend some time educating yourself about things of value that are fun to have around. Look up the daily price of gold and silver on the internet. Always follow what is joyful for you with everything you buy.
It doesn’t take a lot of money to start changing your financial reality and begin creating wealth. You just have to start. First look at what you’ve created around money and be willing to make different choices. No more avoiding debt or pushing it away!
Years ago I persistently avoided looking at what was going on with my finances. I had started businesses and was still making money. Then one day I finally sat down and added everything up — and realized I was $187,000 in debt. What I realized was if you’re willing to be aware of something, you can change it. But if you’re avoiding it, there’s always this vague and unclear area around money. You don’t see what is actually going on or what you could do to change it.
What could change if you were truly willing to have total awareness of your financial reality?
About Your Guest Blogger: Simone Milasas is the Founder and Creator of Joy of Business as well as the Worldwide Coordinator of Access Consciousness® which operates in over 170 countries. Simone is the author of the internationally acclaimed book Joy of Business (currently available in 13 languages) and recently released her new book Getting Out of Debt Joyfully. Sign up for her 3-part free video series, Putting the Fun Back in Business