62: My financial Blueprint

Welcome to Woman Leadership show. I'm Janet and in this episode, I will be sharing with you about financial blueprint

When I first started my job and into 10 years, I was earning less than $2,000 and not getting my variable bonus more than 1 month. I was spending more than what I earned and my salary was all spent on going out with friends or pampering myself with hair services, spa, pedicure, manicure for myself. I would signed up packages and almost went into 5 figure debt due to credit card spending.

After I attended Secrets of Millionaire Mind by T Har Eker program, I learned about my own financial blueprint and the emotional behaviours that are attached to my spending habits. As I wanted to feel good about myself and want others to like me, so I was very generous in treating friends to meals, buying gifts for them without expecting them to do the same for me. However, when I was in debt and broke, no one offered to help me except my husband who was my boyfriend then.

When I learned the Jar system, I started to have the habit of putting in the monthly salary into the jar system. FFA, Savings (LT and ST), Education, Charity, Neccessities. I would also put the change from my daily expense at the end of the day to put it into jar to grow the money. I would also do that with my children when they were younger. I believed the best way to learn is to teach and so we can do it as a family activity to inculcate the money blueprint in them.

That helped them to inculcate the concept about setting aside money from what they have and we will have them placed it in their bank after they have saved enough. We can do this as fun activity and also helped them to learn through experiential using the Jars.

Takeaway

Start educating yourself by reading a book or getting financial expert to advise you in ways you can start. Focus on your end in mind why you want to do this. If you want to achieve 10,000 savings by year end, you can start looking at how much savings per month, what are the expenses you can reduce.

Be consistent in the habit of saving and growing the money. It is tempting to spend what you have save but think of the why you are saving for long time. It is about shifting your mindset and your beliefs about money.

Once the mental block is cleared, it will impact your behaviours and feelings about money. Look for support and coach or mentor who can help you to clear your mental block so you can move forward.

I hope that through my sharing, it draws inspiration and personal reflection for you. I believe every woman can be a leader in your own way. Connect with me through Facebook, Instagram and Linkedin.

My links will be in the show notes

https://shor.by/leaderonline

I look forward to seeing you in my next episode where I will be sharing with you tips and ways to realize your full potential as a leader on Woman Leadership.