Do you know when it’s time to get a fashion makeover? If you’re like most people, that’s a hard call. I mean, you have to take a good look at yourself, admit that something is wrong with your clothes, style, or makeup, and then tell yourself that you’re better than this. Then comes the hard part. You actually have to do something about it. You have to book that appointment for a day at the MAC counter, get that expensive salon cut, donate some clothes to charity and buy some new ones (on sale, of course), or invest in those long awaited braces.
As you can see, it’s not an easy transition. But at the end of it all, you come out better. You’re prettier, more fashionable, renewed, and overall, a better version of you.
When’s the last time you gave yourself a makeover?
A money makeover, I mean.
With the invention of the mirror, we’re able to get a nice analysis, a daily snapshot, if you will, of our physical inventory. We stay on top of our fashion game, makeup routine, and hair styles all thanks to that handy mirror and daily morning ritual (often held in the bathroom). Because we look at ourselves almost every day, it is clear when we’re due for a makeover.
But what about with our money?
Most of us don’t really have a morning ritual around our money. I mean, can you imagine? You awake to a beautiful, new day. You roll out of bed from an 8 hour slumber. You go to the bathroom to dash your face with cold water. You beeline to the kitchen where your hot coffee (thanks to the modern-day auto coffee machine) is ready.
You sit at the kitchen nook and there in front of you are all of your financial documents. Your credit card and their balances. Your student loans and payment schedule. Your checking account and your balance. Your retirement account and its rate of return. It’s all there.
You take a look at all of your docs for fifteen minutes.
You notice that your checking account balance is lower than you thought. Your savings account has gone down because you took out some money for an “emergency” a few weeks back. Your retirement account is not as strong as it could be. (You didn’t contribute last month.) You also notice that your credit card balance is high. Guess it’s time to deal with the repercussions of the “sale shopping” you did last month at Nordstrom’s. With the interest rate you’re paying, it was really no sale at all. On top of that, your credit card company has increased your interest rate. Bummer.
Here you are. Hypothetical you. Taking a good look at your finances and admitting that something is wrong. You know you’re better than this.
What will you do about it?
You could give yourself a money makeover or pay someone to give you one. Either way, you know something has to be done.
This isn’t easy. But at the end of it all, you know you’ll come out better. You’ll be less broke, more confident, more fulfilled, and overall, a better, financially-savvy version of you.
This is the hypothetical you. Maybe the real you doesn’t have a ritual (morning or otherwise) around your money.
Don’t worry. I’ve got you covered. Next week, I’ll show you just how to perform your own money makeover.
For now, think about your future money ritual. What does it look like? What can you achieve with it? Thoughts? Let me know.
To your beautiful, future money makeover,
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