Do you need a Revival, or a Renewal of your Finances?
Revive literally means to start again or bring back to life. This means that if you feel like you’re off track and have been suppressing your passions because you’re overcome with guilt, or fear about money, then likely you need some encouragement to strengthen your belief that you can live a life where there is enough money flowing into your home to enable you to feel exhilarated about your days.
Perhaps you’re feeling like your life is pre-occupied with money every time you venture into a store or are faced with opening another bill, or statement. If you need a fresh look at the situation to help you overcome the stress and struggle of working to make money to pay your bills while also somehow managing to save for that distant fantasy land called retirement, you’re looking for a revival.
On the other hand, if you’re thoughts are burdened with anxiety around how you have drifted away from the life you thought you’d be living, or used to be living, before something happened to halt your dreams (a job loss, medical situation, investment loss, divorce, fraud) then you’re looking for a renewal. You’d like to be able to continue with your former life, mend the broken situation and carry on. Perhaps you just need to breathe new life into your finances to reinvigorate your life. Or perhaps you’re aware that there are some areas of your financial life that really should be replaced, but you’re not sure how to transform the situation. Either way, a renewal is what you’re looking for.
A revival or a renewal requires a change. In order to change you have to give up on current strategies that aren’t working which will first require acknowledging that the current thinking must stop. You have to awaken a spirit of financial independence which means removing the concept of retirement from any discussion or thought around your finances. It also means that you have to understand that what feeds financial independence is income.
What you’re after is income that is sufficient to pay for the expenses for the life you want to live; the life God has placed on your heart to live, not necessarily the life pictured in magazines or on TV, or the one you think you ‘should’ be living. Ultimately, this means you have to revive and renew the entire concept of income creation.
Income creation, and therefore financial independence from regular paycheque, is not dependent on a budget that requires you to spend less than you earn so you can get out of debt and accumulate a big pot of gold to retire with. Income creation isn’t dependant on you having a good job or career. Income creation isn’t a special investment or new business. Income creation starts with an idea, and requires you to take one small step at a time in pursuit of that idea. Along the way, each step will have financial requirements and decisions with financial implications. Here it is important to look at the numbers in new ways to help recondition and recreate your situation in order to re-establish a life of financial independence.
If you want to renovate your finances, you first need to stimulate your thinking which begins with the first baby step.