Advertising
Advertising

9 Powerful Questions That Will Change Your Financial Life

9 Powerful Questions That Will Change Your Financial Life

You’ve probably heard it said that to get to the “right” information, you have to ask the correct question. Makes sense, but when it comes to money, what exactly are the questions?

No matter what the current state of your relationship with the green stuff, there are nine questions that will empower you to be a more secure, confident, self-aware master of your financial fate. Revisit them often to re-tool and update your goals and keep your outlook grounded:

1. What is the role of money in my life?

Money is a tool. For many people, however, there is so much emotion tied up in having money, or the lack thereof, that all aspects of financial life are laden with emotion and fraught with tension. It is extremely difficult to make calm, rational, clear decisions when emotionally saturated, and wealth management is no different.

Before you tackle any other questions, first ask yourself – what role does money play in my life? How much time do you spend thinking about it? Worrying about it? Dreaming about it? When you have thoughts about money, are they tense, frustrated, disappointed thoughts; how do you feel? Do you dread making that monthly budget?

Advertising

Write it all down in a notebook or on a scrap of paper, and notice how your physical body reacts to your thoughts about money by tensing or relaxing. Commit to noticing how you feel, and working toward being as relaxed and neutral as possible each and every time you think about money.

2. What did my role models teach me about money?

You’ve learned attitudes about everything from politics to personal hygiene from those who raised you, and your attitude about money has also been heavily shaped by those who cared for you during formative years. While you can, and likely will, develop your own approach as you mature, your immediate response to stressful or new situations will be drenched in “what my parents thought.”

Take some time to identify their attitudes so you know on what foundation yours are built – how important was or is money to them? Did they talk about money openly and easily, or is it something secretive? Did they offer an attitude of abundance and gratitude for what they had, or were they constantly seeking more?

3. To what degree does money control my happiness?

Money may not be able to buy happiness outright, but it sure can buy a lot of things that contribute to happiness and well-being. There is always more than can be had, however, and in our modern technologically connected world, it is easy to become acutely aware of what we lack.

Advertising

Do you wake up with a smile, independent of your financial status? Do you have faith in your ability to work your way out of, and be delivered from, financial troubles? Can you appreciate a gift that is of low monetary value? Are you comfortable giving gifts of low monetary value, if that is what you have to give? Can you enjoy a date arranged on a budget, or a shoe-string vacation, or does everything have to be “five star” for you to have fun? If you lost your job, would you still be able to define yourself?

If your answers lead you to conclude that money is a vital part of your happiness and sense of self, commit some time to figuring out who and what you are, without the dollar signs. You can appreciate and enjoy money and all that you can experience with it without having your financial status become a core part of your identity.

4. How do I react to financial stress, disappointment, or fear?

No matter how much money you have, or don’t have, there will be events that cause you to experience financial stress. There will also be disappointing times when you take a gamble that doesn’t pan out, or when you fear for your ability to provide for a child’s education or an aging parent’s medical needs.

During these times, does your stress take over your life? Do you lash out; do you sabotage what you already have? Or, do you take a deep breath and develop a plan to acquire more resources, get back on track, or whatever action is required? If you are in need of new ways to cope, try turning off the television and avoiding advertisements, all of which compete to rearrange your priorities. Consider your answers to the previous point – what and who are you without money?

Advertising

5. Do I know what I want?

Once your basic needs of food, shelter, water, and so on are met, what are you earning money for? Be specific about both your current needs – do you want to own a car? Do you dream of being able to provide for a family when it’s time to have one?  Do you reasonably anticipate needs such as children or parental care?  Do you want to share your home with pets?  Are there places on the globe you want to trot around?  Would you enjoy daily life more with more leisure time or if you had more funds for a favorite hobby?

There is no point in earning money simply to earn it – you can’t take it with you when you kick the bucket. So why, exactly, are you earning it?

6. If not, what am I doing to determine what I desire?

You may not have ever paused to think about why you care about money and what you are saving for, and that is entirely understandable. If you don’t know what you want, acknowledge that fact and dedicate time and energy to figuring it out, at what point will you be able to sigh, relax, and say “I have more than enough?”  What does life look and feel like at that point?  Write it down if you need to, or create a vision board.

7. If so, do I expend resources in a way that is aligned with what I desire?

If you are able to clearly and specifically articulate what you desire and believe will transpire when you reach a certain financial point, to what degree are your resources of time and energy aligned with that financial goal? If you are working toward an ambition, are you spending the money you have today in a way that will help you reach that goal?

Advertising

If, for example, you want to own your own business, do you know what your financial launch point is? Are you spending time educating and preparing yourself to leave the conventional work force? Or are you watching a lot of television, spending money on expensive nights out, and daydreaming more than taking action?

8. Do I know how to budget, plan, strategize, and get to what I desire?

Once you have identified what, exactly, you want, be honest with yourself about how much you do or do not know about how to get there. There are many ways to budget, invest, save, spend, and handle money as there are stars in the sky, and there is always something to be learned about financial management.  Do you know what it will take to reach your financial goal?  If not, what are you doing to better inform and prepare yourself? Are you seeking out mentors, studying online, spending time conducting research in the library, scouting out online forums, attending classes?  There is a way to get to your desired end point, you just have to figure it out.

9. How much, and in what ways, do I give?

Finally, what good are you doing in this world? If you are able to contribute financially to a cause or to help others, are you doing so in a way that reflects your values, morals, and personal areas of interest? If you are not able to contribute financially to a cause, are you sharing your time or wisdom? It’s not all about money, and it’s not all about you; your satisfaction with the human experience will increase exponentially when you give to others.

Craving more?  Check out these 12 Things You Can Do Now To Improve Your Financial Life.

Featured photo credit: Dollars via flickr.com

More by this author

20 Art Therapy Activities You Can Try At Home To Destress 11 Things Highly Charismatic People Do Differently 20 Things to Tell Yourself When You Are Facing Adversities 30 Life Lessons From Chinese Billionaire Jack Ma These 8 Tips Will Help You a Lot When Meeting Your Partner’s Parents for the First Time

Trending in Money

1 25 Killer Sites For Free Online Education 2 How to Develop a Millionaire Mindset in 6 Simple Steps 3 5 Books You Must Read if You Want to Be a Millionaire in Your 20’s 4 20 Better Money Habits to Help You Increase Your Savings 5 50 Businesses You Can Start In Your Spare Time

Read Next

Advertising
Advertising
Advertising

Last Updated on July 4, 2019

25 Killer Sites For Free Online Education

25 Killer Sites For Free Online Education

Whether you’re five or ninety five, the internet has a lot to offer. Particularly when the topic is education, the resources on the internet are endless.

Best of all, many high quality sites are completely free. From history to coding, excellent free online education awaits on the following 25 sites.

1. Coursera

Untitled copy

    Coursera is a website that partners with universities and organizations around the world. This brings a wide variety of topics and perspectives to one searchable database.

    Coursera is a powerful tool for free online education, and includes courses from many top universities, museums and trusts. This gives the site an extremely wide range of in-depth courses.

    Coursera is extremely useful if you’re looking to study many different topics, or want courses from different schools and groups.

    2. Khan Academy

    Untitled 2 copy

      Partnering with many post secondary schools, Khan Academy offers a useable, well organized interface. Also curating many courses from around the web, Khan Academy offers impressive depth on many different subjects.

      Among the more well known educational sites, Khan Academy is also incredibly useable, which may make it easier to keep learning goals.

      3. Open Culture Online Courses

      Untitled111 copy

        If you are struggling to find exactly the material you are looking for, try Open Culture’s listing of free online education courses. The page highlights 1000 lectures, videos and podcasts from universities around the world. The site features a lot of material found only on universities private sites, all in easy to browse categories. This means you can find hundreds of university courses, without having to visit and search each university’s own site.

        Open Culture’s list features courses from England, Australia, Wales and many state universities around the United States. A very helpful resource for finding many courses in one area of study.

        4. Udemy 

        Untitled 4 copy

          Udemy’s free courses are similar in concept to Coursera’s but additionally allows users to build custom courses from lessons.

          Working with many top professors and schools, the site mixes the customizable platform of other sites with a heavy emphasis on top quality content. This is another site however, that mixes free and paid content.

          Advertising

          5. Academic Earth

          Untitled 5 copy

            Another site with courses from many different schools is Academic Earth. Much like the three sites above, Academic Earth brings together top notch courses from many different sources, and focuses on offering a wide variety of subjects.

            Academic Earth lists courses by subject and school, so it might be easier to find what you’re looking for.

            6. edX

            Untitled 6 copy

              Another great option for free online education is edX. Also bringing together courses from many different schools, the site has impressive, quality information for everyone. edX covers a great range of topics.

              7. Alison

              Untitled 7 copy

                Unlike the previous sites on this lists, Alison is a free education site offering certification in some areas. Alison offers courses mainly in business, technology, and health, but also includes language learning courses.

                It’s a great option if users need certification for their learning as Alison also offers school curriculum courses.

                8. iTunesU Free Courses

                Untitled 8 copy

                  A very convenient place for free online education is iTunesU, because it integrates seamlessly with your iPod, or any app-ready Apple mobile device. On iPad, iPhone, or iPod touch, users download the iTunesU app.

                  Desktop users can access  iTunesU on the upper right hand corner of the iTunes Store. iTunesU is also convenient because the store is categorized much like iTunes.

                  Users can search learning materials in many different ways, including genre and topic. However, courses are often a mix of free podcasts or videos, and paid content.

                  ITunesU does include courses on a pretty wide scope of topics, but does not integrate with Android, Google or Windows mobile devices.

                  9. Stanford Online

                  Untitled 9 copy

                    Your hub for all the online offerings from Stanford University, Stanford Online offers self-paced and session based courses. While Coursera features some courses from Stanford, many classes are only available via other hosts. Some courses require iTunes, but most are completed in your web browser.

                    Advertising

                    Stanford Online is a great site for high quality courses, though the topics are somewhat limited compared to sites partnered with more than one school.

                    10. Harvard Extension

                    Untitled 10 copy

                      Like Stanford Online, Harvard Extension features free online education courses from Harvard only. This is another excellent source for top notch course material, though the course variety is less rich than multi-school sites.

                      Additionally, Harvard Extension allows you to search for courses by professional certificate. This makes it much easier if your online education goal includes certification.

                      11. Open Yale Courses

                      Untitled 11 copy

                        Open Yale Courses echoes Harvard Extension and Stanford Online, in that it offers only courses from Yale. While the site is similarly limited to topics taught at the school, Open Yale Courses offers a lot of videos of actual campus lectures. The availability of videos makes the site a great option if you’re looking for quality courses, but learn better by watching than by reading.

                        12. UC Berkeley Class Central

                        Untitled 12 copy

                          Much like the other schools on this list, UC Berkeley has a variety of free online education options. The school has slightly fewer courses than the schools above, but includes some supplementary lectures, webcasts and RSS Feeds, making it easy to keep up with the topics you choose.

                          13. MIT OpenCourseWare

                          Untitled 13 copy

                            Similarly, MIT offers a variety of free courses. The school has a comparable number of courses to the schools above, plus includes very in-depth course materials on the subjects available. MIT also offers free RSS feeds, a convenient way to continue learning.

                            14. Carnegie Mellon Open Learning Initiative

                            Untitled 14 copy

                              Carnegie Mellon’s free online education site is comparable with the other school’s on this list, however, Open Learning Initiative also covers a smaller range of topics. But for the topics that are covered impressive, in-depth material is available.

                              15. Codecademy

                              Untitled 15 copy

                                Codecademy is a website dedicated specifically to teaching coding. Where other coding sites follow an example/practice session workflow, Codecademy includes a live practice window. This means you can practice coding while still viewing the lesson material.

                                The courses at Codecademy are well written and easy to follow and the website is organized very nicely. Codecademy features a centralized dashboard where you can monitor your progress, plus organizes lessons into complete modules. This lets you learn an entire language without needing to pick the next course manually.

                                Advertising

                                16. Code

                                Untitled 16 copy

                                  Code is another website focused on coding and app writing. A site with high quality courses, Code also features learning options for kids.

                                  In addition to kid friendly courses, Code offers free online education classes on a wide variety of technology topics. These classes include app writing, robotics and Javascript.

                                  Most of the courses are also geared in a such a way that they can be useful in a classroom setting. This makes Code a great resource for harder to find coding topics, as well as various learning settings.

                                  17. University of London Podcasts

                                  Untitled 17 copy

                                    The podcast page on the University of London website is another great source for free education. While the courses are limited to podcasts, the site features podcasts from it’s own campus, as well as eleven universities in and around London. This gives learners a wide base of topics and lectures, but still ensures in-depth material.

                                    18. University of Oxford Podcasts

                                    Untitled 18 copy

                                      Similar to the University of London, the University of Oxford features many different podcasts. Most are public lecture series or lectures from visiting professors, with several different recordings available.

                                      The advantage to this particular site is that podcasts are organized into series, making it easy to subscribe to multiple lectures on one topic. Another good site for thoroughly in-depth lectures.

                                      19. BBC Podcasts

                                      Untitled 19 copy

                                        For the more casual learner, the BBC offers a wide variety of podcasts on many different topics. Most podcasts are updated weekly, and focus on everything from finance, to sports, to current events.

                                        Through the World Service line of podcasts, there are also many in different languages. The focus of these podcasts are less in-depth and theory based, which may be more accessible to the average person.

                                        20. TED-Ed

                                        Untitled 20 copy

                                          Another great destination for more general learning is TED-Ed. From the same people that brought you the all encompassing, motivational web series, comes a site chocked full of educational videos. Most include impressive animation, and all are ten minutes long or less.

                                          Not only is TED-Ed an excellent site for the curious, it also includes supplemental materials and quizzes on the videos. This makes the site extremely useful in formal education settings, as well as in entertaining ways to brush up on new discoveries and topics.

                                          Advertising

                                          21. LessonPaths

                                          Untitled 21 copy

                                            LessonPaths is another great tool for those looking for a more usable and convenient way to access learning material. On this site, users create link playlists of their favorite learning materials from other sites. Users then rank these collections, making it easy to find many different high quality, accessible sources on a given topic.

                                            22. Memrise

                                            Untitled 22 copy

                                              Another impressive free online education site offering ease of use and convenience is Memrise. Available both on desktop and as an app, Memrise is a particularly powerful tool if you are studying a language. The site encompasses many other topics as well, though some of the course material is user generated content.

                                              Part of what makes Memrise special is their integration of games into the learning materials, mixing learning with entertainment.

                                              23. National Geographic Kids

                                              Untitled 23 copy

                                                The kids site for National Geographic is another site that makes free online education applicable for younger users. For those looking for kid friendly education, a large variety of games, puzzles, videos and photos keeps kids interested on this site.

                                                National Geographic Kids doesn’t organize learning into courses, making materials available by topic and medium instead. This makes National Geographic Kids a good option for those looking for a more casual learning environment.

                                                24. Fun Brain

                                                Untitled 24 copy

                                                  Fun Brain is another good option for kids who want to learn online, but focuses on games and fun puzzles. Particularly focused on math and reading, Fun Brain’s game based approach can be valuable if the child in question struggles to pay attention.

                                                  Fun Brain offers rewards and challenges as well, and is another site aimed at a casual learning experience for kids K-8.

                                                  25. Whyville

                                                  Untitled 25 copy 2

                                                    Similar to the sites for kids free online education is Whyville a destination for preteen online learning. The site includes a variety of social features, with a focus on learning materials geared for young teens.

                                                    Whyville also mixes in educational games, to make the site a well rounded option for kids too old for simple games, but too young for heavy reading based material.

                                                    More About Online Learning

                                                    Featured photo credit: Dai KE via unsplash.com

                                                    Read Next