Do you find yourself worrying about finances almost on a daily basis? Do you strive for financial peace of mind?
I started the Proluxx Blog because I wanted to help as many people find financial peace and freedom in their lives. Financial peace is a state of mutual harmony with money; freedom from strife or conflict with your finances. True contentment.
I've encountered so many individuals at a loss not knowing how to get back on track. Whether you feel you don't make enough money, have a spending problem, have issues communicating with your spouse about finances, wanting to learn how to stretch your budget, or if it's just to get a little bit of motivation to help you take action... I am here for you.
In my own personal road to financial peace and freedom, here are the 5 most important money lessons i've learned.
I will admit that my prayers have often been a tad on the selfish side. In fact, if I am being completely honest, they probably still are to some extent. Help me, bless me, be with me are still common themes. But my prayer this year has been been for God to change my heart, to lead me where HE would have me go, and to take away my desire for the things of this world, the things that don’t matter.
This is a scary prayer to pray because if you pray for this, God will answer. Your heart will change. You will be led to do things you otherwise wouldn’t have, and to redefine your life and all your goals.
2) GIVE FREELY
And no, I don’t mean money. Give of yourself, your time, your talents. In the words of Ruth Stafford Peale, “find a need and fill it.” The best and easiest way to stop focusing on what you are missing is to start focusing on what you can do for others. Stop being so stingy with your time!
Spend a few hours visiting with residents of a local rest home or assisted living center. Serve food at a local food bank or become a mentor to at-risk youth. Call a single mom and offer to watch her kids for a few hours so she can have a break. Help an elderly neighbor with some yard work. I guarantee you are needed somewhere.
3) LESS IS MORE
Our consumer-driven culture is SO engrained in this idea of more, more, more. Bigger houses, better cars, wider televisions with more channels, the very latest gadgets and electronics. As Dave Ramsey in his amazing, life-changing book, The Total Money Makeover, puts it, “we spend money we don’t have to buy things we don’t need to impress people we don’t like.” Our thoughts are so consumed by wanting that next big thing that we rarely take the time to even enjoy what we already have.
Over the past year, as I’ve tried to eliminate the excess stuff in our home and now especially during this month of no spending, I have been pleasantly surprised time and again at just how content I feel with less. The more I get rid of, the less I want. That constant pressure to buy the next thing has been relieved, and the stress of figuring out what to do with all this stuff is (almost) gone.
4) SPENDING IS NOT SAVING
This is often my biggest challenge. The thrill of bargain hunting is literally in my blood! I convince myself over and over and over again that because something is a hot deal, I am saving money. But spending is not saving!
My cryptonite is Nordstrom. If you’ve ever shopped there, you know the clothes aren’t cheap. But, being the “thrifty” shopper that I am, I of course headed straight to the sales rack and found several darling items (that I couldn’t live without) for 75% off! 75% off at Nordstrom! In my mind, it was a no brainer. Of COURSE I had to buy them….what an amazing deal! A bargain! I was literally saving hundreds of dollars. Right?
In reality I wasn’t saving anything. I was spending $150 to fill a closet that was already full. Ouch.
And it’s not that there is anything wrong with wanting to wear cute clothes or have a nice house. Stuff in and of itself isn’t bad. But don’t fool yourself–like I did for a very long time–into thinking because you paid less you were saving money. The only way you are SAVING is when it stays in your bank account!
5) TAKE MONEY ADVICE FROM THE RIGHT PEOPLE
There are an endless number of people or companies offering up their “expert” opinion on where or how you should spend your money, and the scary truth is that the vast majority of them don’t have your best interests at heart.
Likewise, the societal pressure to keep up appearances can be fierce and it is easy to buy into the notion that in order to maintain a certain standard of living, you must spend money on certain things. We see the people around us with better cars, bigger TVs, newer kitchens, the latest iPhone, nicer clothes and think “if they can afford it then I can too.” We get so caught up in the image that we fail to realize that, many times, the people we are emulating can’t afford it either!
Dave puts it a little more bluntly: Stop taking advice from broke people!
Don’t listen to the people who tell you to spend more, or who make you feel like what you have isn’t quite good enough. Actively search out friends, either locally or online who are willing to support and encourage your journey towards financial peace and then do the same for them.
Finding financial peace and freedom is hard work. It requires real sacrifice and real change, and can even feel a little painful sometimes. Even so, the rewards are ultimately worth every ounce of effort you put in.
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Hello and Welcome! Proluxx is a Finance, Budgeting, and Self Development blog. Our mission is to educate, motivate, and inspire as many individuals to gain financial peace and financial freedom through budgeting, investing, and side businesses. Hope you enjoy our content and leave a comment even if it is just to say hello!