Everything will be OK (Part 3)

Positive Quote 01

‘Keep giving me hope for a better day
Keep giving me love to find a way
Through this heaviness I feel
I just need someone to say, everything’s okay’

– Lenka –

After Parts 1 and 2 to this series, welcome to Part 3.

. . . . So, even though I was always earning, generally, whatever I earned, I spent. So I had a break even approach. And this approach fell down for me this year, because I didn’t earn, and therefore I had nothing to spend. A perfect way (although it didn’t seem so at the time) to learn that I needed to find a better way of managing money.

And during these last 7 months I read a fantastic book that has changed my life. Secrets of the Millionnaire Mind – Think Rich to Get Rich by T.Harv Eker is a book about money with a  whole bunch of awesome spiritual messages and philosophies trojan horsed into it. And despite its title, it’s a book as much about how to get your mindset in the right place in order to become a millionnaire, as it is about changing what he refers to as you ‘Money Blueprint’, which he believes we are all born with. He helps you to become aware of limiting beliefs that you might have around money and he gives you specific and practical exercises that you can do to start to shift and change them.

However, the MOST helpful piece of advice that he gave in the book that has helped to completely and utterly change my relationship with money is this.

For every amount of money that comes into your bank account, whether it is $10, $100, $1000, $10,000, $100,000 or $1,000,000, split that amount in 6 different ways.

50% goes into a necessities pot – this is for all the essential things in your life like rent, bills, food etc.

10% goes into a fun pot – this is for doing (funnily enough) fun things in life, anything from going to a gig, out to dinner with a friend or rock climbing

10% goes into an education pot – this is for furthering your personal education and development. It could contribute to training courses you’d like to do or books you’d like to read.

10% goes into a long term savings pot – this is pretty straightforward.

10% goes into a financial freedom pot – this pot is for investing. Ultimately, the investments that you make with this money will mean that your money is working for you, rather than you working for your money. Some good sound investments here could significantly change things in your life for the better.

10% goes into a giving pot – the idea of tithing has been around for a long time, and put simply, it is the act of giving 10% of what you earn to a good cause.

I started doing this in July when I read the book. You can do it with as little as $10, but it has completely and utterly changed how I am interacting with and dealing with money. I even went to the extent of setting up separate savings accounts with my bank, so that I could separate my money into each of the pots.

To read the last instalment of this 4 part blog post series, tune in tomorrow.

Here’s a beautiful song called ‘Everything’s OK‘ to make you feel good today by the lovely Lenka.

Sending you love, hugs and light,

Kat x x x

Learn more

Read Everything will be OK – Part 1

Read Everything will be OK – Part 2

Buy the book Secrets of the Millionnaire Mind – T. Harv Eker

Download the book from Apple iBooks or for your Kindle.

9780749927899

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