There’s nothing like the power of positive thinking. A positive attitude may make it easier to stay focused on achieving your financial goals. Or help you to keep going when times get tough. It’s just as important to put positive thinking into action. Here are a few tricks you can use to create a happier financial future for yourself.
Picture your achievements
Create a financial vision board. Think about your financial goal (e.g. erasing debt) then add pictures and words to represent your ideal financial life.
Putting together your vision board may be as simple as cutting and pasting from old magazines, or using a low- or no-cost app. Many free versions come with templates to help you create basic boards that include pictures, words and music. You may have to pay a fee for a premium account for greater customization.
Just be sure to check the app’s security settings and user ratings to make sure you’re getting a safe product. When using a smartphone or tablet, data fees may apply so check with your service provider.
No matter which approach you use, make the board all about what you want to achieve.
Make it personal
Use an online personal money manager to visualize your current financial situation. Compass by LGFCU helps you see your entire financial picture whether you’re at your desk, on your couch or on the go.
Our online money manager shows all your financial information as interactive images. It’s easy to see where your money is going. From there you’ll be able to cut spending or eliminate waste, moving you even closer to achieving the financial future you’d like to see.
Sign up for Compass to get started on a more financially secure future.
Write down your money mantra
Keep the power of positive thinking going with a money mantra, a positive statement of what you want. When applied to your finances, a money mantra can help you keep the focus on your financial picture.
Experiment with a mantra like “I will be debt-free in a year.” Use that one or write your own short, powerful statement and say it out loud a few times a day. For added reminders, make it a screensaver on your phone, tablet or computer to help keep your goals in mind.
Find a money buddy
Ask a friend or family member to help hold you accountable to your goals. This is your money buddy. They are a:
- Positive support system. If you’re about to fall off the savings wagon, they can help you stay on track.
- Second set of eyes. Someone to help you reevaluate after a financial set back.
- Financial friend. Someone who understands your struggle and will be there when it’s time to celebrate your success!
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