Tuesday, October 13, 2009

Living Debt-Free

Oddly enough, living debt-free starts in your head. Seeking financial advice from people who themselves are internally grounded is always a good thing. But, taking their advice in other areas in which they are struggling, needs to be put in context.

One of the financial tools I talk about in our workshops is:
The Elephant in the Living room is Blocking your Doorway to Success. How you manage money, your personal finances, personal budgeting, is all about relationships; the elephant represents your fears. What we don't talk about actually controls us. Regardless of it's subject.
How can you live debt-free or even get out of debt unless you have enough income to off set the expenses you have accumulated ?
If that fear is holding you back from making more money, then you are sitting on the sofa staring at that animal...

But, sitting on the sofa can also be valuable time used: acknowledging that it is FEAR that is holding you back, and using tools to calm your inner four year-old will be the path out of that room. And,in little steps.

After all, how big is the step of a four year-old ? That's where self compassion steps in to hold that moment of fear, breathe and proceed with clarity.

2 comments:

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Anonymous said...

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