Revive Your Financial Drive in 2020
We are half-way through what seems like a whirlwind 2020 already, and some people feel like the year has thrown them several curveballs back to back. If this is true for you, the good news is that it is not too late to get back on track with a renewed financial drive, and today we want to help you to do just that.
While many persons may focus on the myriad of negatives of the COVID-19 pandemic, people like you, want to focus on finding opportunities to create a fantastic foundation to achieve your financial dreams and goals. To help you, here are five (5) steps to revive your drive.
Step 1: Recognize your pain points:
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PARTIAL SENTENCE |
COMPLETED SENTENCE |
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Because I don’t have enough money I’m in pain and I can’t . . .
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(E.g. Because I don’t have enough money I’m in pain and I can’t live in a home I am proud of) Write your statement here:
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If I had enough money my life would be so much better immediately because I could . . . |
(E.g. If I had enough money my life would be so much better immediately because I could give mom the option to retire) Write your statement here:
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I have always heard negative things about money and/or rich people like . . . |
(E.g. I have always heard negative things about money and/or rich people like, rich people are crooks) Write your statement here:
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Step 2: Transform your negative statement about money to positive statements.
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MY OLD NEGATIVE MINDSET |
MY NEW TRANSFORMED POSITIVE STATEMENT |
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E.g. Rich people are crooks
Write as many of your negative sayings here:
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(E.g. There are many honest rich people and I will be one them.)
Write as many of your transformed positive statements here:
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Step 3. Create positive affirmations about money that you will use as your mantra, in good and bad times.
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Example of a positive affirmation about money for 2020 |
Your positive affirmation about money: |
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Here is my affirmation: As I increase in wisdom, I will increase in wealth. |
Write your positive affirmation here: |
Step 4: Commit to saving/investing towards your goal by the end of 2020
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YOUR FINANCIAL GOAL |
HOW MUCH DO YOU COMMIT TO SAVING/INVESTING |
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Eg: Accumulate the deposit on a home/car
Write your goal/s here:
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By the end of the year I will have $__________________ I will save/invest $____________ per month starting ________ Write your financial commitment here for the year and month. |
Step 5: If you are committed to being indomitable and achieving your goals, do you need a partner to help you to get to your goal faster? Please visit a JMMB branch or give us a call (876) 998-5662. If you want more tips on building your wealth check out our recent JMMB Goal Getter series, https://bit.ly/wealthFMS.
Written by Michelle Sinclair-Doyley
Manager, Group Financial Partnership Support & Financial Education, JMMB Group