Posts Tagged ‘control my personla power’

Financial healing is a three step process.  It begins by unplugging from the outside world and focusing inside on your authentic self-your core values, beliefs, unique abilities and sense of purpose.  The next step is to define your own personal dreams and desires, to determine what you’re passionate about, which is necessary to get what you really want out of life.  Finally, you must devise a Personal Navigation Route.  This is the life plan that will get you from where you are to where you want to be.

In my last blog post I touched on some questions you need to think about while in your 30′s.  Here are some questions for you to ponder for those of you in your 40′s.  Discuss these with your financial advisor and make sure he/she is on your team to help you reach your goals! 

• Are you still passionate about your work or is it time to move on?
• Are you starting over in the wake of financial loss?
• Is your risk tolerance the same now with regard to your money and what it’s doing for you?
• Are you on track to financial independence?  Are you on the path to enough income to work less, and if so, at what age?
• What’s fresh in your life?  What feeds your soul?
• What life have you chosen thus far?

Stretched to the max every month and wondering how to come up with the cash to save?  Here’s a tip on getting started.

Save that raise, or at least part of it.  Whenever your employer ups your paycheck, no matter how meager the raise, take at least half that extra amount and use it to fund your long-term, mid-term, and long-term “buckets”.  Think of it this way: Even if you only get a 2% raise, if you save half of it for five years in a row, you’ve just increased your savings level by 5%.