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How to Align Your Personal Values and Your Financial Wealth

How to Align Your Personal Values and Your Financial Wealth

Something I must confess here! I am emotional eater- whenever I feel emotional, due to any reason, I eat. And I eat out. Eating out cost us money, meaning I can easily bust my budget just because some idiot has pushed me into any sort of emotional drama.

We all, at some point in time, spend just because we feel emotionally charged. To come back to our normal self, we engage into certain external distractions such as eating out or going for movie or even taking a walk outside to get some fresh air.

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Who you are from inside?

Just like we ordinary folks spend money on our emotions, so do the super-rich. I was recently reading about Minecraft owner’s parties in his expensive mansion. He said that he had never felt so isolated in his life as after selling Minecraft to Microsoft. There are other stories like him to where celebrities spend so extravagantly and for many work is the only option left to support their lavish lifestyle.

Are they financially free? I don’t think so because the day, someone like Mayweather stops fighting, he may no longer be in a position to maintain this lifestyle. One wonders why so successful and not so successful people show such irresponsibility when dealing with money and can’t balance their emotions.The answer lies in a simple fact of life! This simple fact is who you are from inside?

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You know, to feel yourself worthy from inside is as important as you feel yourself worthy in your external world. Having a clear sense of self-worth and importance to one’s self is key factor to live a balanced and more fulfilled life- a life which is balanced on all fronts i.e. financial, healthy, relationships and of course our spiritual side.

Externals vs Internal

Let me also make another confession here- I have been victim of what is called keeping up with joneses. I bought every new model of iPhone and Samsung. I was just crazy about them and I paid the price.

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It often happens that our external and internal values differ- this is the result of an internal vs external clash. Externals can push us to spend on things which we later regret however, if internally we feel self-worthy, buying anything would not have a particular value for us. However, if our self-worth or self-esteem is externally directed, we are surely going to spend as much as we can, just to make sure we keep up with joneses.

Values vs numbers

Most often, it is numbers which drive your financial planning process. You prepare excel sheets, buy software or use online tools to crunch numbers- just to see how much you will need to be completely financially free. If you are following this approach, you are clearly failing to address really important issues which go hand in hand with numbers.

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Carl Richards, in his book ‘One Page Financial Plan’ narrated the story of a working woman who was earning a handsome salary, but wanted to be financially free to have a family. This is a great example of giving any financial planning process a more human touch. Having a strong personal reason to plan for secure and successful financial future is as important as drinking water.

Unless one can connect the dots between personal values and numbers, financial planning as a way to achieve financial freedom, pay debts, control expenses, plan for retirement etc. will simply fail. Personal values and why you need money (except off course to fulfil your daily survival needs), are important links to be determined before anyone starts to plan for a secure financial future.

Ask yourself tough questions of why you need money? What are some of your personal values which you believe can only be fulfilled or achieved if you have money?

Featured photo credit: pixabay.com via pixabay.com

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Adnan Manzoor

Data Analyst & Life Coach

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Last Updated on August 15, 2018

30 Fun Things You Can Do This Summer Without Spending Much

30 Fun Things You Can Do This Summer Without Spending Much

Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

Video Summary

1. Visit a strawberry festival

Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

2. Have a picnic

Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

3. Camp in your back yard

    The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

    4. Take long walks

    Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

    5. Break a world record

    Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

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    6. Go on a bike ride

    The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

    7. Join a gym class

      The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

      8. Find a new hobby

      The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

      9. Join a sports team

      Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

      10. Make a slip ‘n slide

        Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

        11. Make a treasure hunt for your kids

        Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

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        12. Visit a free festival

        Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

        13. Visit the zoo

          Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

          14. Take a road trip

          Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

          15. Play ultimate frisbee in the park

            Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

            16. Make your own ice cream

            Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

            17. Invite your neighbors over for a BBQ

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              When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

              18. Get a summer job

              For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

              19. Attend a charity event

              Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

              20. Visit a national park

              National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

              21. Visit your local comedy club

                Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                22. Make your own hammock

                  Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

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                  23. Read in your new hammock

                  Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                  24. Watch a movie outside

                  Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                  25. Take a hike

                    Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                    26. Learn how to fly a kite

                    As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                    27. Work out at the park

                    American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                    28. Take your dog to the beach

                      One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                      29. Make a summer smoothie

                      Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                      30. Attend a free yoga session at the beach

                      No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

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