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Author Insight
Shocking Ways You Waste Money
I discovered I was spending several hundred dollars a month and not getting much value for my money. What about you. What do you pay for without even thinking about it? • Your favorite brand of potato chips? • A new book by a favorite author? • A daily latte? • Concert tickets? • Or maybe your subscriptions to entertainment channels? Are these things you really value or just the result of something you once did and just kept on doing because it never occurred to you to stop? If you are anything like me, you have probably done several of these things. So many things compete for your attention it’s easy to “go on automatic.” If you find yourself short of money or feel like you just can’t get ahead, these are places where your money may be leaking away, or not serving you as well as it could. When you are meeting your financial goals and can easily afford these things, it may still be worthwhile to review what you are doing. I find that many things I just don’t want to spend my time and energy doing, like reviewing my spending habits, are valuable, and so I do them anyway. If you have trouble doing this, “Embrace Prosperity” will help you figure out both your values and the limiting beliefs that keep you stuck. Start now! You deserve to enjoy the abundance that becoming conscious and aware of your financial choices will bring you.
Book Excerpt
Embrace Prosperity
Practicing Abundance
A good way to find out where your energy is frozen is to create a list of 10 or 100 things you would like to be, do and/or have in your life. This list can include major things like your ‘bucket list’ of things you want to do before you die. It can also include simple things like having a clear desk, organized closet or special meal.
Do this quickly. It doesn’t need to take longer than 30 minutes.
(We disagree a bit about this process, so you can choose your own number. Willem believes this exercise needs a list of only 10 items while Laurie thinks a list of 100 items is more valuable. Try it each way if you like, and let us know what works for you.)
First, take some lined paper and number each line from 1 to 10 or 1 to 100. Sit down and write as fast as you can, one item on a line without thinking about it very much. It’s okay if you repeat yourself—that just means the item is particularly important to you.
Now study your list carefully. Observe and make notes of your own thoughts: Why is it difficult for you to have this? Each of these thoughts may represent a place where energy is stuck.
You may also explore how you’ve been procrastinating in your financial life. We are focusing on finances here, but it could be in any other area of your life, as well.
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