How Do I Help My Friend Save More Than $5,000?
…Mey here on a beautiful Wednesday morning and I admit that it was hard to wake up this morning so to help me out my son cried real loud for mango juice and I got up to take him out to Grandma, and so blessed me with the time I need to write about How Do I Help My Friend To Save More Than $5,000?
…so, I have a friend and I talked to her the other day about her saving…
…she used to not save at all…
…only paid debt which she kept accumulating…
…so she finally started saving, YAY!
…however, when I spoke with her she said she stopped saving when she hit $5,000…
…basically, life happened…
…so, being the person that I am I want to help her become financially free…
…so, the big question is, how do I get my friend to save more money and pass her $5,000 mark?
…I decided to text her last night…
“Why stop at $5,000? What’s so special about that number?”
…she replied “I don’t know =)”…
Reasons people don’t save
…sometimes, people don’t realize that there is a reason they don’t save…
…they think it’s “life” and it’s not…
…they are programmed in their head to save to a certain amount so that their wealth will always be the same…
…why?
…it’s because they only think they are worth that much…
…it’s interesting and the best way to see it is to look at their Networth…
…I sometimes hit blocks too, I was negative for the longest time…
…then I finally figured out that I felt loved ones would always take my money so I made myself have none to take…
…funny huh?
…so once I figured out the story, I was able to get my Networth back in the positive…
…then I hit another block, and it hovered at $50,000 for a year…
…then I realized that I had hit a block with success, didn’t think my business was going to succeed so sabotaging it with overspending…
…got a grip on that, made a budget and started doing regular business meetings with my spouse Jomel, and Networth has been going up ever since…
…the journey brings us our lessons…
…shows us what our assumptions are about our lives, that we haven’t examined since we made them sometimes many years ago…
…it tends to always stay the same unless we root out the cause, and change our habits…
…I’ll have to ask my friend, what is the root cause, the childhood story, the reason you would only save to $5,000 and stop there?
…or maybe we have to do more empowering questions…
How To Breakthrough Savings Blocks and Become Financially Free
…really, it just comes down to a realization…
…the only way to become financially free is to do the work (saving and wise investing)…
…so if I get stuck I know I’m stuck…why?
…because I check my Networth, passive income and expenses on a weekly if not daily basis…
…you need something or someone to tell you when you are stuck…
…most people like my friend don’t even realize that they’ve hit a block and need to get past it…
…if you don’t check your progress regularly, go ahead and follow the Weekly Financial Freedom Checklist, also live on my Periscope Channel every week usually on Fridays…
…when you get to a block (and you probably will, the road is scenic, and has all kinds of bumps, turns, etc to make it more fun and challenging) it’s a great time to stop and ask yourself some questions…
…how do I make it past this block and continue on my journey?
…what do I need to release or let go of to move forward?
…how can I continue on my journey to financial freedom?
…when we stop and ask ourselves, the answer usually presents itself to us…
…our inner wisdom will tell us what we need to know…
…when I realized that I didn’t take my business seriously, and thought that I would never succeed so I was sabotaging it…
…that was a real eye opener for me…
…and now the business is finally pulling itself out of the red, into the black…
…just like my personal finances did…
Conclusion
…my friend taught me a great lesson…
…she showed me that the road is full of scenic spots…
…maybe she pulled over so she could get a scenic view, and didn’t realize that she had stopped her savings…
…I hope she finds what she needs to start saving again…
…I hope you also found value in this post…
…let me know what you think in the comments below!
P.S. I love researching, writing about, taking videos and sharing with you everything out there to help you become Financially Free as fast as you can…
…is there something that you love?
…something so valuable that you have future students out there waiting for you to step up and teach them?
…I’m telling you, there are a lot of people looking for what you got!
…get out there and blog and make your lessons live outside your lifetime…
…click here, watch the video and get started!