Mapping your financial future is a lot like planning a road trip. You have milestones along the way that represent major life events. There’s a final destination you want to reach by a specific date. And we all know any good road trip also includes straying off course a time or two.
My millennial money coaching sort of follows the same path. I work with many women who know where they want to go and are ready to start their adventure but can’t seem to find the road that helps them become financially independent. A technique I love for helping people reach their money goals is visualization. It’s a powerful tool you can use to enhance many aspects of your life, but it’s a superpower when it comes to giving you the motivation and confidence you need to prime your brain for financial success.
Visualize Your Financial Future
Did you know you’re over 40% more likely to achieve your goals simply by writing them down? Visualization takes it up a notch by making the process a little more fun (though if writing works for you, go for it!). A lot of people like to get a bit more creative with their financial visualizations, for example:
- Say you want to save enough for a down payment on a house. Try slapping some beautiful photos of your dream home(s) up where you’ll frequently see them. Another terrific visual prompt is to wrap a smaller picture around your credit cards to remind you to charge less and save more!
- To go back to our road trip analogy, maybe you dream of putting aside enough each year to indulge your love of diners, drive-ins and dives. Use a visual savings tracker and color in the stop signs, billboards and roadside attractions each time you put aside $10 or $20.
There’s no right or wrong way to visualize your financial future. And once you start the visualization process, you’ll begin to think of money as something other than a source of worry or shame.
Let’s Visualize Together!
There are only two “rules” to visualization:
- Set a specific dollar amount you want to reach.
- Break it down into smaller, more realistic chunks.
After that, it’s carte blanche, ladies! Use these examples to inspire your own visualization process:
- Assign a dollar value to each rank in a deck of cards. When you save a said amount, toss the corresponding card. Challenge yourself to get rid of the high-value cards first.
- Build a sticky-note money tree on a wall in your home. Take down a different color note for each amount you save until the tree is gone.
You get the idea. And I know you have the drive and determination!
There was a time in my life when I strayed way off course financially. One day, I just decided to get my money $hit together, and I know you can, too! Ready to learn more? Book a call with me today, and let’s start visualizing your financial future together with Millennial money coaching.