The Importance of Being Intentional With Your Money
Why Being Intentional With Your Money Matters
Be Intentional! Be intentional in your life with all the decisions you make. Be intentional with your relationships, who you surround yourself with matters. Be intentional with the information you take in, feed your mind with positive, optimistic information that helps you grow. Be intentional with your money, make daily decisions that tell your money how to behave and help you reach the goals that you have for your life.
Most of us spend our days “responding” to incoming influences, either by ads, social media, co-workers, and family members. We “react” to what is going on in our lives instead of taking control of the influences in our lives and having a plan for how our day, week, month and year will go. I am challenging you today, to BE INTENTIONAL! Be intentional not only with your money, but with all the decisions you make. However, for this blog, I want to talk about 3 reasons why being intentional with your finances matters.
Being Intentional with your money gives you control. Instead of waiting until the end of the month and wondering where all your money went, being intentional allows you to set a plan and tell your money where to go and how to behave. Being intentional with your money allows you to make crucial decisions and control what the outcome looks like. When you control your money over time, the rewards compound and allow you to achieve an amazing amount of success in your financial life. Stop letting your money control you, be intentional and control your money.
Being intentional with your money allows you to make small decisions/changes that yield amazing long-term results. As with other things in your life (dieting, exercising, etc) making small changes in your behavior will lead to BIG results over time. Let’s look at a real example, if one of the small changes you make about your finances is to contribute $100/mo into an investment, that offers you an average 8% return, you will have almost $60,000 after 20 years. What if you did it for 30 years? You would have almost $150,000. Deciding to save $100/mo is a small decision, it is an intentional decision to save $100 and to find a way to make this happen. Small decisions made today will lead to big results later. Other small decisions might include eating out one less time a month, buying less coffee at coffee shops, or buying “generic” grocery items for a few of your weekly purchases.
Being intentional with your money forces you to face reality about what your current financial situation is. Let’s be honest, it can be scary to look closely at our finances and really understand where we are and what we need to do to change. When you decide to be intentional it forces you to look at the whole picture, own where you are today and allows you the freedom to dream about what could be. When you decide to be intentional and fully analyze where you are, you put yourself in a position to create a plan, make small decisions (and maybe some big ones) and get started making progress. If you are not intentional you will find it harder to move forward and to reach your goals.
Be Intentional, take control and start moving forward. When we sit back and let life happen to us, we start to feel like victims that do have control and dominion over our lives and outcomes. I am suggesting that you can change that, you can and should take control and ownership of your life and your money. You will feel empowered, healthy and motivated once you start seeing the results of intentional efforts! Get started!
