Payments, Patience, And A Purpose!

Imagine you were gifted $1200, no strings attached.  What would you do with it?

Pack your bags and get out of town for a few days.  Finally pay for some long-overdue home repairs.  Enroll in a series of self-enrichment classes. Replace your tired wardrobe.  Make a down payment on a new car. Purchase an exquisite piece of art.  Donate to your favorite charity.  Open a rainy-day savings account.  There are many options, right?

You’re probably waiting for me to lead you to your gift.  Here’s how to make arrangements to collect your $1200.  All you need is patience, discipline and a small deposit at the beginning of the week.  

Every Sunday, set aside $25 in a safe place.  Do you have a savings account?  This is one way to put your money to work.  While your money is earning interest (albeit, not a lot) you won’t be as tempted to spend it.

Where is the money going to come from?  
Your unused expenses and untapped resources!  For example, you may not be driving as much these days, so that’s your gas money.  And you most likely haven’t enjoyed your season tickets to concerts or live theatre since the pandemic.  Has your subscription been refunded?  Where is all that entertainment money now?  And remember how you and your girlfriends used to meet for lunch and then go shopping afterwards?  Well, you probably haven’t recently strolled through stores looking for something fun to buy.  Still challenged to locate your twenty-five bucks? Write yourself a check — every Sunday!  This is a sneaky way to accumulate dough, and a clever and rewarding short-term investment strategy!  

At first, you may feel like you’re just transferring funds from one kitty to another.  Sometimes, that’s how you successfully cushion your coffer.  After the first few weeks of collecting your bills, you’re going to feel really good because you now have a purpose — a specific goal in mind.  Don’t be surprised if you’ll want to throw in a little extra from time to time.  But don’t count your savings until your note is due!

Here’s where patience and discipline register... 
Let’s do the math.  At $25 a week, how long will it take to collect your $1200 “certificate?”  About one year.  Twenty-five a week is about one hundred a month, and 100 X 12 = ____.  But I suggest that you not think about the time component — just mark your calendar when you start and keep your promise.  Remit your funds to safekeeping and forget about it.  Have you noticed how the months have been flying?  Just think how you’re going to feel when you count your greenbacks.  I can see you beaming now!  That $1200 will make you feel prosperous and accomplished because you achieved your goal. Now go spend it on something worthwhile!  

Consider This
In a related post about investing in healthy food choices, I shared how I was able to save $150 in just one week.  Click here is review “Get A Better Rate By Investing In What’s On Your Plate.”

Today’s exercise may motivate you to begin a serious savings strategy. Check out related books, magazines and other resources.  Begin with Kiplinger.com.  And consider consulting with your financial advisor or wealth manager for a customized plan that suits your individual needs.  

Four Steps to Nourish, Transform and Flourish
• Today, set a loving intention to start saving for a future goal.
• Begin by putting aside $25 a week.
• How will investing in a personal objective make you feel prosperous and accomplished?
• Close your eyes and visualize how this lifestyle change can prepare you for your amazing second half.

Need help with investment strategies?

It can be challenging to maintain momentum on your own.  My Sprout Your New Life™ course will give you the tools and the strong spiritual foundation to make lasting change in your life.  Click here for more.

In love, peace and health--
Your feminine glow guide,

T. Kari Mitchell, M.Ed.
Motivational Speaker
Certified Holistic Health Coach
Lifestyle120.com

When your spirit is nourished, your inner light produces an outer glow reflecting your beauty and truth.