To help change your own attitudes toward money, become familiar with the following self-affirmations. Practice reading them, saying them out loud, and thinking about them. You may be surprised to realize that the affirmations have become reality.
1. “Little by little, I am learning more about money, smart planning and investing.”
2. “Just because I might have debt, does not make me a bad person.”
3. “No matter how much money I have, I am making positive choices about what I do with it.”
4. “I am learning to take more intelligent risks. I’m confident that sensible risk taking will help me build my financial future.”
5. “I am choosing to make the time to take charge of my money.”
6. “It’s not a bit selfish to take good care of myself financially. It’s self-respecting and self-caring, and ultimately makes my relationship with others richer and more satisfying.”
7. “My loved ones enjoy, respect, and appreciate my financial knowledge, power, and success.”
A wise Chinese proverb, “The journey of a thousand miles starts with a single step,” contains the secret of success. Dream big! Dream thousand-mile dreams. Dare to set financial goals that will let you reach your dreams. Then break up these goals into bite-size pieces and commit to taking one step toward them every day (or at least every week).
Be prepared for the pace of your learning to seem slow at times. Progress is sometimes two steps forward, one step back. Don’t beat yourself up for not knowing everything. What you don’t know yet, you can always learn.
As you become more knowledgeable, share the wealth of your financial expertise and confidence. Make sure that the children who look up to you--especially your daughters or nieces--grow up financially savvy. Volunteer to mentor someone else who’s following in your footsteps. And as you learn and do something new, let in the good feelings about your new learning.
This article is adapted from Money Shy to Money Sure, A Woman’s Road Map to Financial Well-Being, written by Olivia Mellan and Sherry Christie.