Thursday, May 6, 2021

Markers of Scarcity Mindset

One of the most simple and yet difficult things to understand about abundance, and Law of Attraction in general, is that thoughts attract things.  It strikes me like a bit of a domino effect.  Our thoughts impact our emotions.  Our emotions impact our behaviors.  Our behaviors impact that which flows into and out of our experience.  When people want to change their lives, follow their bliss, live in abundance they often decide to start by changing their behaviors.  While this might help get things flowing in the right direction, the results are often temporary because the behavioral changes are unsustainable.  Since behaviors are near the end of a chain that begins with thoughts, thoughts become a critical component to creating the kind of abundance we seek.  

Eckhart Tolle offers a bit of magic where thought is concerned.  He often suggests that we be the ultimate observer, watching our thoughts as well as our feelings.  The secret sauce is to watch without judgment.  When doing so, you might be surprised at what you observe creeping through the door:  Scarcity Mindset.

How to Identify Scarcity Mindset

Sometimes your behaviors will indicate scarcity mindset.  Recently, I met a woman that was an avid journaler.  Journaling was a daily practice in her life; one that brought her great joy and served as a foundation for her practices involving gratitude, abundance, and spiritual evolution.  She had purchased herself a couple of new journals that were really quite grand in appearance.  She loved the way they looked and felt.  Yet there they sat.  Empty.  She continued her daily journaling practice by writing in her composition notebook as she always had.  Through discussion, we peeled back the layers of the onion only to discover that she somehow felt that she shouldn't waste such beautiful pages on her day-to-day life.  The belief that her daily thoughts and experiences will not be good enough, deep enough, eventful enough to warrant using the beautiful instrument is a marker of scarcity mindset.  We want to change our lives, follow our bliss, and live in abundance, and yet we cling to the belief that deep thoughts and beautiful experiences are in limited supply?  Moreover, we insist that our day-to-day experience is somehow subpar and not worthy of beauty?  How can we attract beauty if we avoid it?  How can we attract abundance if we avoid it?  

As children, many of us were told that our "good clothes" were reserved for Sundays and special occasions.  We were taught to favor our scrubby clothes because it was "okay to ruin them."  I must admit that I have spent years working to reverse the messaging of that learned behavior.  How many times have you walked to your closet and avoided your favorite sweater, selecting one that you didn't really care for?  Selected the least favorite t-shirt from the drawer?  Again, this is a marker of scarcity mindset. Perhaps this is why the process of clearing and decluttering is found in so many abundance practices.  If we clear away that which we do not love, we create an environment for ourselves that only really contains that which we do love.  If we aren't defaulting to the old habits of using items that are somehow of lesser quality or desirability than the ones we really want, there are fewer traps set to lure us into scarcity mindset yet again.  Is it truly better to have possession of your favorite sweater forever because you never actually wear it?  What happens if you wear it and it eventually wears out?  Would you ever truly regret the numerous times you put it on and felt terrific?  We want to follow our bliss and live in abundance and yet we avoid wearing sweaters that make us look and feel amazing?

Sometimes your words will indicate scarcity mindset.  Do you use phrases like "I'm broke" to describe the present moment?  This is problematic on a number of levels.  First, that's all relative, and you probably really aren't.  Moreover, the implication is that there is something wrong with you or the state of your experience.  Again, that's probably not true.  Also, using the phrase "I'm broke" doesn't exactly inspire positive emotions.  When using the phrase "I'm broke," what do you really mean?  Is it a nonconfrontational way of not making plans with someone?  Perhaps it's really that you value saving money more than the other option in question.  It's entirely more empowering to decline an invitation in some other way.  If it's a lunch invitation, "I usually pack my lunch if you'd care to join me tomorrow" feels significantly better than "I'm broke."  Perhaps sprinkle in a little gratitude practice along the way "Thanks, but I seriously made an amazing salad."  Other phrases such as "I can't afford it" or I don't have enough ____" are oftentimes markers of scarcity mindset.  Really, the list almost endless.

So, what can you do?

The first step is to catch the thought.  We must notice ourselves repeating these thoughts before we can make any changes.  Next, once you realize the tape keeps playing that same sound clip, stop the tape.  Stop that thought dead in its tracks.  Then try to replace it with a thought that feels better (and is probably closer to the truth).  If scarcity mindset is presenting itself through the manner in which you interact with your possessions, perhaps it's worth running an experiment.  How would you feel if you wore your favorite sweater rather than the one that's a bit beaten-up?  Use the nice journal on a random Tuesday.  Eat on the China one day just because you love it.  Remember, you're not wasting things if you're using them and they make you feel really good.  If you want to take things a bit further, you might even consider ways to declutter your space or certain categories of your possessions.  Perhaps removing things you don't love will help you to realize that you deserve to surround yourself with things you do love and that you deserve to use them.  

If you've had success overcoming scarcity mindset, I'd love to hear some of your strategies below!

 

Wednesday, April 28, 2021

The Power of the Group

About two years ago, I was scrolling through Twitter and noticed a particular tweet.  The tweet's author was interested in forming an experimental group.  The group's intended purpose would be to participate in a life design process through the lens of a particular book and its protocol.  Before I even thought about it, I found myself responding that I was interested.  It's funny the things that happen when you allow your intuition to be in the driver's seat.  Historically, I've been the type whose mind would interfere and inform me of all the reasons I could not participate in something like that. "You don't know these people.  You don't have the money to make any sudden, drastic life shifts.  You don't have the time to devote to this.  You should be spending that time with your family or on your job."  You name it, and my mind has used it against me.  The truth of the matter is that our minds are very much determined to keep us safe, and leaps into the unknown appear risky.  So, the mind places them neatly into a box labeled "scary things" and does its best to detour you from them.  Fortunately for me, I didn't give my mind any time to react or construct any limiting beliefs around the idea.  I intuitively started typing a response, and poof!  I had joined a lifestyle design group.

Over the course of several months, the four of us met regularly to evaluate various areas of our lives, identify areas where change was desired, and run a series of experiments that would allow us to test-drive our ideas before committing to them in a more permanent sense.  The results were rather remarkable.  Multiple participants left unsatisfying employment scenarios to pursue other things, started their own businesses, took time off to experiment with less traditional life paces...  During this time, I re-upped my tax preparation education, did a little side acting, took an experimental part-time job.  The part-time job wasn't a great match for me, but it did lead me to consider striking out on my own.  So, that was an experimental win.  I can't help but wonder if the same outcomes would have been achieved without the power of the group?  Would we have committed so whole-heartedly to the pursuit of our own happiness had we tried to go it alone or would it have been yet another thing that got placed on the back burner because "something more important" needed to come first?

In the Fall of 2020, I went on to participate in a group coaching program called Experiment Design, a mastermind hosted by my friends, The Fioneers.  The structure and commitment to myself were both critical components of a group process that very much moved the needle in the design of my own life.  By the end of the program (which ran 8 sessions), I had laid the groundwork to launch my own tax preparation business and my own group coaching program.  In fact, by our last session, I was already enrolling the first cohort of my program, "LoA Finance Fundamentals."

Where the mind gets in the way, the group saves the day!  

In the world of personal finance, I'm a bit unusual.  Shocking, I know!  There are "personal finance people" and "law of attraction people," but they tend to be very separate groups.  The mind likes to be a bit of a drama queen, and mine likes to offer me the idea that my work may not be taken seriously by folks in the more traditional personal finance space.  The Experiment Design group was an invaluable part of dismantling that limiting belief.  While I generally ignore my mind when it likes to bring such non-useful ideas to my attention, the group was able to give me some really valuable perspective.  One member reminded me that "there are plenty of people that will likely never get involved with traditional personal finance because they don't resonate with that style of content.  Some of those people will really resonate with yours because of the kinds of things you highlight that are often not given much attention."  I always believed that my work had value, but I hadn't framed it in that way before.  The group helped me to see it through a different lens and realize that my work not only focuses on improving people's very relationship with their money but also that it makes personal finance accessible to people that might otherwise shy away from more traditional perspectives.

Group support has been a critical component in helping me reshape and redesign my life for the better. At this point, I'm pretty much coasting to Coast-FI and a part of that process for me is turning my attention to what my daily life will look like once that milestone is achieved.  I don't want to live my life at breakneck speed to achieve Full FI and sacrifice the quality of my journey along the way.  Honestly, I think it takes a bit of courage to be willing to say that you want to honor your journey, as our society pushes a narrative that glorifies pushing harder and running faster.  Now there are whole movements built on defying the unsustainable standard. The Law of Fellowship suggests that two or more people coming together in a similar vibration, for a shared purpose, their energies may be doubled, tripled, and even quadrupled when combined.  That, my friends, is the power of the group.  So, you want to change your life?  Find a group of people of a similar mindset that are willing to invest energy in committing to themselves.

Currently, I am participating in two groups: one temporary; one ongoing.  The temporary one is a group of ladies that formed a book club around a particular book in the Law of Attraction space.  We read a chapter each week and discuss it in a virtual meeting and on a social media group.  I also meet with two ladies every week in a virtual meeting to work together on our investing practice.  We work together on doing valuations on companies, work on increasing knowledge, and discuss the market.  We've been operating as a group for many months now, and aren't likely to separate any time soon.  These are two very different groups. Both groups are very much filling needs in my life, and greatly improving the quality of the journey I am on.  Powerful things are happening in both of the groups I am a participant in as well as the group coaching program that I lead.

When I was thinking about my own experience with the power of the group, I became curious about my clients' perspectives.  One of them said "Each person shares their own thing without fear of judgment" and continued on to point out the value of receiving feedback from multiple outside perspectives.  Another client offered that "having an outside perspective has been very good for me, and the ability to talk about money and the limiting beliefs that I have is helping me to overcome them."  One of the powerful parts of having a group coming together to support each other in a shared purpose is that there is a direct connection between acceptance (or lack of judgment from others) and being able to move on from the limiting beliefs that are not serving us.  Yet another of my clients suggested that accountability is one of the magic components of the group "Doing my reading, homework, etc. are easier to be disciplined about if you know you have to check in with people.  On the flip side of that, it's easier to give myself grace  for not doing things when life gets in the way...because the others are giving me grace."  Isn't that true?  Accountability is critical, but it's also important that we not beat ourselves up. The group provides both kinds of support.

In my life, I've used group support to improve my health, wealth, and lifestyle, all with tremendous success.  I'm so happy about the direction my life is taking in all three of these areas.  Are you?  If you're mostly happy, are there any areas of life in which you think you could be 20% more joyful?  If the answer is yes, you may want to explore whether group support could help propel you forward in some aspect of your life.  You could utilize social media groups, form book clubs, take courses or utilize group coaching.  The options are only as limited as your imagination.  

If you feel that group coaching could be a good fit for you, information about our program, LoA Finance Fundamentals is available under "Coaching and Courses" or click here to join our mailing list.


Wednesday, April 21, 2021

Finding Flow With Your Taxes

Recently, I've spent a significant amount of time preparing taxes for individuals.  So, it's certainly been on my mind, and it's an area of resistance for a lot of people.  It most certainly doesn't have to be that way.  In fact, it is even possible to find flow with your taxes.  So, here are a few thoughts about ways you might find flow in the tax arena.  Now, it's important to remember that these ideas are for educational purposes.  I am not your tax professional, and you will certainly want to discuss any tax moves you make with your own tax professional.

A Tax Professional:

I know there are a lot of DIY types out there, but there is something to be said for working with a tax professional.  Furthermore, finding someone that you like and feel comfortable talking with will make for a significantly better experience.  Not only with this person help you get the best possible result on your current tax return, but they can help offer you valuable tips.  A tax professional can evaluate your personal situation and make recommendations for you going forward. Not only can this save you money, but it can help relieve you of a lot of stress.

There's also a tremendous benefit to finding a tax professional that you like working with because you have the opportunity to grow with this person. As time goes on, our tax situations change and often become more complex.  If you have a professional in your corner that you continue to work with, they're going to fully understand your situation and how you might best get your long-term needs met.  Furthermore, if something out of the ordinary comes up during the year, you will be able to make contact right away and learn about the tax implication.  This can help save you a lot of money and stress later.  I mean, isn't some of the resistance of tax-time related directly to the unknown?  If you can anticipate what will happen, and demystify the process of your future income tax return, you can relax.

Owing Taxes:

There's a lot of resistance that comes with the idea of owning taxes.  It's stressful, right?  Everyone is afraid of coming up to the end of the year and having a huge bill.  Well, that might happen once, but it doesn't need to happen a second time because there are things that you can do to relieve yourself of that fear.  If you owed taxes the previous year, and suspect that you will again, you could make estimated quarterly tax payments.  In fact, if you do work with a professional, they can get you set up for this easily.  They'll even give you little coupons with specific dollar amounts and dates on them.  Then each quarter, you simply mail them in and save yourself a larger bill later.  

I do understand the resistance to making quarterly estimated payments though.  I've struggled with that issue myself.  One way that I simplified this for myself is by changing the withholding at my employer.  I simply divided the amount I owed the previous year by my number of paychecks throughout the year and increased the withholdings appropriately.  This result wasn't perfect, but it got me much closer to even, and I didn't have to remember quarterly payments.

Breaking Even:

I know how much people love to get a big fat tax return back at the end of the year.  If that brings you joy, I certainly don't want to detour you.  But I would like to offer you an idea.  What would you do if you had a little extra money in each paycheck? I bet you could find some really great ways to use a little more money in your budget each month.  I know I could!

If you are getting a big refund, that essentially means that all throughout the year, you're giving the government an interest-free loan.  While I'm sure they appreciated that, as I said before, you could probably find a lot of things to do with those funds.  By doing your best to plan for breaking even, you can position yourself to take advantage of your money throughout the entire year!  My partner and I try to do this because every dollar in our budget has a job to do.  In fact, my partner did such a great job of anticipating and adjusting that she owed something to the tune of $23 federal and got roughly $9 back from the state.  That's pretty close to perfect.  Now, she won't have any huge refund coming, but she's been able to save and invest more all year long and take advantage of gaining the interest herself.

Remember Your IRA:

I can't help but add this one in because it presents such an opportunity...   I hear a lot of people beat themselves up for not saving more in the past.  Your IRA represents one thing that you can do to rectify inaction in the past.  Each year, you have the ability to contribute to your IRA for the last year all the way up to the filing deadline.  Since 2020's filing deadline has been moved to May 17th, you have until then.  In order to maximize your own peace of mind, it would be really nice to get a system of regular contributions worked out, but if you haven't yet done so, you can still make up for the past (at least a little)!

When it comes to finding your flow with your taxes, it's a series of little things that really add up.  A few tiny little steps can really help ease your own mind, help you maximize your overall financial wellbeing, and establish habits going forward that are positive and flow with ease.  

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Wednesday, April 14, 2021

Limiting Beliefs, Purpose, and the Inner Child


As I sit in my living room listening to meditation music and sipping a cup of tea, I keep glancing up only to have my eyes meet with those of my younger self.  I see a picture of me, a toddler with puffy sleeves, stark white stockings, and a floofy pink skirt.  I have the tremendous urge to pick her up and hug her.  She's amazing really.  She's certain that she lives in a world without limitations, where her father is a superhero and her mother's kiss is an elixir capable of healing the world.

That little girl trusted her own instincts beyond anything else and approached the world knowing that it would always bend to her will.  She believed with all of her being that the world was hers; all she had to do was extend her tiny hand and grab it.  

Somewhere along the line, someone must have told her.  They must have told her or otherwise shown her that there were limits on that which she could have, do, or become.  Perhaps it was because she was too poor, or a girl.  Or maybe it was because she was from a small town.  Kids surrounded by farms can't do the same things as the city kids...  Thankfully, she didn't believe them, those people that told her she couldn't...but eventually those messages sneak in when we're not looking and we notice shadows popping into our thoughts.  Somehow the seeds of doubt, scarcity, and limitation were scattered about and have begun to spring up like tiny little weeds.  They don't look like much but there's a funny thing about weeds.  They absorb all of the water and zap the soil of nutrients.  So, what to do?  We pluck up the weeds, each and every one of them. 

This is very much the essence of the Universal Law of Resistance.  Fear, doubt, scarcity, limiting beliefs...  They are all resistance, and like weeds, they will come back over and over again until we're forced to deal with them and they have been plucked up by the very root.  

I was on social media the other day and couldn't help but notice something that someone had reposted.  It was talking about being okay with having no purpose in life and being satisfied just to roam.  The mind in me wanted no real part in the dissection of this meme thankfully.  Minds usually like to dive into such things.  Despite my mind's lack of interest in the idea, my emotions kept percolating on it.  You see, it's a funny thing about weeds.  Some of them look like flowers.  Have you ever thought about that? Being satisfied with the act of traveling through life and experiencing whatever it has to offer us...  That looks an awful lot like a flower to me.  It appears on the surface to be an act of surrender which has a significant element of beauty in it.  Then I remember.  Many weeds are disguised as flowers, when in fact, their roots are invasive.  While the latter part of the statement looked to be a flower,  the former may be the invader: having no purpose.  Why would we be here if we had no purpose?

It's a funny thing about purpose.  I believe we all have a purpose, but our societies have perpetuated a false narrative that our purpose should somehow be a derivative of our employment.  Perhaps for some that is the case, but that may not be true of others.  It saddens me to think that someone out there has held fast to such a belief that zaps the life energy out of their experience.  To the person that posted this idea: Do you believe that you are lacking in purpose?  I'd love to understand.  Is it because your work doesn't feel like your purpose and you believe it should?  Rather, could this person simply have listened to far too many of those messages that we received as children?  Did those messages take over the fertile soil, making you believe that you can't?  I really want to ask this person: What would you do if you followed your bliss?  Is there something you long to do that you've been avoiding or otherwise forgot that you wanted?  Can you reconcile these feelings with your own inner child?  Can you look them in the eyes and truly tell them "No"? I can't.

I leave the picture of this little girl right where I can see her.  When my own weeds pop up and I feel like I shouldn't do something that I really want to do, I look at her.  The truth is that I can't look her in the eyes and tell her that we're not going to live the life we've always wanted.  I'm just not willing to treat her that way.  You see, a few years ago, I made her a promise.  I promised her that I would let her take me somewhere.  She'll take the path without limitation because, for her, there are none.  So, for now, I simply take her hand and let her lead.

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Wednesday, April 7, 2021

The Flow of Abundance: Spending on Yourself

Recently, I've been thinking a lot about clearing the way for abundance in terms of making space in our physical homes, our schedules, and our lives so that the abundance we desire can flow into our experience.  What I haven't entirely addressed is how this directly relates to our budgets and treating ourselves with care.  It's funny that we often focus so intently on abundance flowing toward us that we don't give much of our energy to the idea that abundance is cyclical.  Sometimes, we need to give some attention to allowing abundance to flow from us so as to reinforce that cycle.

Under the 50/30/20 Budget that I so enjoy, 30% of our take-home pay is recommended as being allotted to "Lifestyle" spending which is also referred to as "Flexible Expense."  This category of our monthly budget is very much focused on the present moment, which is easy to turn your back to if you're fixated on your own shame about the past or fear of the future.  It's the portion of our budget that arguably may be easiest to take a chainsaw to when you want to clear a debt or beef up your savings.  I've certainly done it, but recognize that those measures are only for a season.  If we spend too long holding too tight to our money it warrants the question, "Is this a form of resistance?"  If resistance is essentially a form of fear, is fear taking over when we refuse to loosen our grip? Is it scarcity mindset whispering in our ear "you'll never get it back," making us cling to every cent?  It's really common to have limiting beliefs around the idea of money being difficult to come by, but we must remember that it's only the mind speaking from a place of fear, desiring to keep us safe.  That's a bit of a survival-mode mindset, which certainly has its place.  But don't we all deserve more than to simply survive?

When we resist the flow of money going out from us, not only are we putting scarcity mindset into action, but we're also restricting the flow of money, period.  We essentially create a financial blockage with our own resistance.  Until we clear that blockage there can be no flow in or out.  The Universal Law of Resistance tells us that the very thing which we resist, we draw unto ourselves repeatedly until we are forced to deal with it.  So, if we resist the flow of money, we're going to keep experiencing that blockage until we deal with it?  Yikes!  Money has to flow outward just as much as it has to flow back to us. So, if we can assist the flow of money by spending in a conscientious way that feels really good and supports our overall wellbeing, that's even better!  Two of the participants in my group coaching program, LoA Finance Fundamentals, had experiences with spending money on themselves with some rather interesting results.

The first woman has been working to prioritize her own health and wellbeing in various aspects of life, but often feels resistant to spending money on herself when her mind tells her that it's not necessary.  She had been having trouble sleeping, experiencing extra stiffness, and the like.  She has known for some time that she was well overdue for a new mattress but just hadn't done anything about that yet.  In her social circle, there was some conversation happening around a new mattress that a friend had researched and purchased.  It had wonderful reviews and her friend spoke about how wonderful the experience was turning out.  She was inspired to take action, and within days, she was online ordering her new mattress.  She had resolved to take this step to spend money taking care of herself and was feeling really positively on the emotional scale (which lead to a high point of attraction where abundance is concerned).  She ended up seeing that she would be able to take advantage of a 12.5% cashback offer on this purchase, which provided her enough extra funds to support the setup and take away service, new pillows, and a new cover.  She couldn't have been more pleased.

The second participant is a busy mother and young professional.  She prioritizes a secure life for her family, and as a result, she tends to want to hold tight to money.  For the past few weeks, she kept thinking about how nice it would be just to have a day of relaxation where she treated herself to a manicure and a massage.  Whenever she thought about doing so she felt so good that she became inspired to take action.  She booked her day of relaxation.  At the end of it, she felt so cared for and relaxed, and expressed that she was in a really high place on the emotional scale as well.  What's really interesting about this experience is the other thing that came about for her that week. She had already decided to get her manicure and massage when an opportunity to make almost an extra thousand dollars over the course of a few days basically fell in her lap.

Both of these women took inspired action to do something that felt like taking care of themselves.  In the process, they supported other people's businesses and perpetuated the flow of money.  They allowed money to flow out, and in the process of doing so, abundance has flowed back in.  This showed up in the forms of health and wellness, a rather large discount (allowing some other services more or less for free), a highly lucrative temporary gig suddenly appearing...  Gee, it almost seems like the universe wants us to take care of ourselves!  Isn't it great to know that it is not only okay to do so but it also helps perpetuate the flow of money?

Spending money on ourselves can be really difficult, but it's important to recognize that there's a huge difference between indiscriminately throwing money around and deliberately choosing to use money in a way that makes you genuinely happy.  Perhaps some of the knowing comes as a result of looking for truly inspired actions to take.  That takes practice, but once you become accustomed to the feeling of inspiration, you will 100% know whether you are really being inspired to take an action or if it's something else.  In fact, the winds of inspiration have been blowing my direction with regards to spending money on myself.  I too have been feeling inspired in the direction of bedroom furniture, so I imagine that I will be working my way in that direction once a few bits of dust settle.  I've also really been wanting to treat myself to sushi.  So, that'll probably happen pretty soon. Why not?  Let the money flow, right?

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Wednesday, March 31, 2021

Clearing the Way for Abundance

As the seasons go, Winter seems to be a time of endings.  The trees have lost their leaves and fall into dormancy; flowers are gone, the sun is a bit less prevalent.  Still, there's something beautiful about the natural stillness that occurs in the midst of winter.  The world slows down and takes stock of that which remains.   For those with a reflective spirit, the consciousness becomes entirely aware of that which we're nestled in with, and in quiet contemplation prepares for spring.

Perhaps it's a bit of nature's course to make us aware of that which has run its natural course in our lives through the meditative nature of winter.  As we sit in recognition of that which is lost or run stagnant, there's an impulse the percolates, becoming ready just as spring emerges.  The universe seems to know just when to give us the impulse to lift open the windows and let the fresh spring air come racing into our spaces.  In that moment, the juxtaposition of old versus new comes into full view.

The ritual of spring cleaning is critical to the flow of abundance and arguably has been practiced as such on some level throughout history.  Some suggest that the practice can be traced to the Iranian Nowruz, the Persian new year which takes place on the first day of spring.  Yet others attribute it to the Jewish tradition of cleaning in preparation for the springtime festival of Passover.  In either instance, there seems to be an element of clearing the old in preparation for the new.

Several Law of Attraction texts address this idea of clearing in various ways, and it seems that after such a year of loss, dormancy, and destruction, we could use a little clearing.  Some of the universal laws seem so simple and yet the wisdom can be difficult to put into practice. One such law is the Universal Law of Release, which I've mentioned before.  It suggests that we ought to let go of anything that we no longer need.  It seems reasonable, for arms that are filled with things that aren't of value are unable to receive.  They're simply too full, and as a result, abundance cannot flow into them.  So, we must practice releasing that which is no longer of use to us in order to make space for that which we would like to flow into our experience.  Now, on a spiritual or philosophical level, this may be resonating with you, but what might this look like on a practical day-to-day level?

 Our Home and Possessions:

The Hindu Goddess, Lakshmi, known for bringing wealth and good fortune, is believed only to enter into clean and well-decorated homes.  So, every year before the festival of Diwali a significant amount of cleaning and decluttering takes place.  The belief is that in cleaning your home and clearing away that which is no longer needed, you are making space for Lakshmi to bring abundance into your experience.  This cleaning represents ridding ourselves of any negative or stagnant energy and inviting positivity.  This works not only philosophically, but in practicality as well.  There are many objects in our homes that we hold attachments to as a method of preserving the past.  Now, I am a bit of a historian that adores my family and cultural background, along with objects of significance in that arena, but there are so many objects that hold negative value in our emotional and psychological experience.  We hold items gifted by former friends with whom we've parted ways. We keep items that we don't use or care for simply because a family member gifted them, and the list keeps going.  I've recently felt the impulse to begin sorting through my bookshelf, an area of weakness for me.  I've recently brought a couple of physical books into my home that I truly love, and yet I don't have a place to honorably store them because that space is being filled by others that I've completed my journey with.  At one point many of these books added value to my life, and some of them still do.  Others would be better suited elsewhere because, with me, they've run their course.  These objects deserve to have a better life than the one I'm giving them.  So, perhaps they're better suited for a donation.  Now, I like to dispose of things in a manner that I find responsible but I also don't feel responsible for knowing each individual item's final resting place.  I will simply donate to what I find to be an appropriate outlet.  In doing so, I open up space to house an item I love, or simply allow the space to remain open.  Remember, open space is space where you've left room for abundance.  If every space is full, you haven't left room for that which you truly want.  

There's also something remarkable about walking into a space that is clean and only containing things that you love.  When is the last time you had that experience?  What space provided you with that experience?  Was it your own space?  If it wasn't, why not?  How would it feel if every time you entered your own space you felt positive emotions?  The higher on the emotional scale you are vibrating, the higher your level of attraction to that which you want.  Wouldn't it be wonderful if your physical space brought about feelings of gratitude and abundance?

Moreover, the act of holding onto things you don't want is a marker of scarcity mindset.  Scarcity mindset is essentially a limiting belief that suggests to you that you must hold tight because the things you want/need are in limited supply.  The very act of holding on is abundance repellant.  The best antidote may by to simply let go.  If you love it, keep it.  If it adds value, keep it.  Otherwise, let it go.

Our Time:

American culture is steeped in the glorification of busy.  We hustle ourselves to the edge of exhaustion, but to what end?  A two-week vacation on which we're finally able to live our best lives.  But what if we could live a life right now that we didn't need a vacation from?  If you want to know about someone's priorities, look at their schedule.  When you read that did you immediately think about your own schedule?  Did you immediately feel the need to make excuses for why you added that "extra thing" into your week?  Honestly, you're not alone.

Several years ago, I had been working a lot of extra programs at my school.  I did so for a few years in a row and was really among a core group of teachers that were always participating in such things.  These extra programs added a lot of value to my life and the lives of my students.  I benefitted monetarily and felt good that students were able to get the extra support they needed.  Eventually, I became exhausted.  Once exhaustion sets in, it's really difficult to do something as joyfully as you otherwise could.  Regardless of my exhaustion, I put my best effort forward and continued to the end of a particular school year.  At this point, my partner brought my exhaustion to my attention and suggested that I not take on these extra items the next school year.  I really struggled with the idea because I had gotten really used to being that person at work.  When a task starts to muscle it's way into little pieces of your identity, it's really difficult to let go.  But ultimately, I agreed with my partner.  At the beginning of the school year, most people assumed that I would continue to participate in these things as I had always done.  So, I had to explicitly say that I could no longer commit to doing so.  Again, it was very difficult.  Finally, a few days before these programs were to begin, there was a meeting for all staff members that planned to participate.  I knew that would be the final "No."  My heart was racing as I deliberately made my way down the stairs to exit the building instead of down the hall to the meeting.  I made it.  I stepped onto my bus and started the journey home.  About half an hour later, I was playing on my cell phone and noticed an email.  It was a notification that the column I had been working to have created had been approved, and I was the columnist!  When I looked at the time stamp on the email, I realized that it had been sent ten minutes after I deliberately elected not to join that meeting.  You see, it was in that moment with that decision that I created space for this opportunity to come into my experience.  I had been asking and asking and asking the universe to bring something to me, and yet I was filling my time to the gills, leaving no room for it.  The second I opened up a space for it, it flowed in.

Now, I bring this back to our attention.  Look at your schedule?  Is there anything that needs to be cleared out of it?  It could be something that served you well, but that you need to move on from.  Be grateful for the positive space it's had in your life, thank it, and release it.  Maybe it's something you said yes to without really thinking it through.  Apologize for not being more careful in your response, explain that you really can't commit, and move on.  You're making space for something valuable.

Our Habits:

While it's out with the old and in with the new, perhaps springtime is a good time to review our habits.  Is there anything that you do out of habit that isn't serving you well?  Is there anything that you aren't doing, but would love to make a habit of doing?  Though it may not be obvious, our habits are deeply interconnected with our openness to abundance and also extend their reach into other areas on this list.  Some habits absorb our thoughts and time, and if they aren't serving us by allowing the flow of abundance in and out; they may need to be cleared.  Moreover, it must be recognized that abundance, not only implies monetary success, but also wellness in all other aspects of life.  These things are terribly interconnected.  Clearing even a small portion of unwanted habits in the area of health can have tremendous implications where the abundance of energy both physically and spiritually is concerned.  While that should be enough in and of itself, it is also worth mentioning that when we are abundant in health, as well as physical and spiritual energy, we've also cleared space for abundance to show up in other ways such as inspiration, creativity, and relationships.  As for myself, I have a number of habits that keep me feeling in alignment, and circumstances have caused a few of them to be thrown off this winter.  My sleep has been a bit off, and it is impacting my morning exercise routine.  These are both critical to my sense of peace throughout the day. Now that spring is in the air, I am committed to regaining my balance with these items.  

Incomplete or Dormant Tasks:

Are there any items that seem to keep moving from one "to do" list to the next?  Is there anything you've started that you haven't finished?  Having things sitting there incomplete or dormant take up energetic space, much like possessions do.  These things are often more difficult to recognize because they're not always tangible.  But if we want space for abundance to flow into our experience, we can't afford for dust collectors to take up all of our bandwidth.  There are a few of these in my own life that need to be cleared out.  There are a couple of forms that I need to submit for various things.  If I'm honest with myself, I must admit that I have reminded myself to submit these forms many times.  The amount of mental energy I have spent not doing them could have first off gotten the task accomplished, and secondly be used for other things.  Another such example from my own world has to do with my desire to see things to completion.  This is one of my best qualities in many ways, but I could certainly use to practice evaluating whether or not the task is one I really want to complete or whether I might just let it go.  So, I'm currently in the middle of several books; I either need to finish them or commit to the idea that I'm simply not going to.  Sitting in no man's land with it isn't serving me well.  They're taking up bandwidth in my mind by being there in a state of incompletion.  If I just said to myself "I'm not feeling it.  I'm done with this," I could reclaim that space in my mind, or I could accomplish this through their completion  The forms to be mailed in are much the same way. They aren't really the kinds of things that make sense to opt-out of, but by allowing them to remain in a place of "incomplete," they are taking up my valuable space.  What if that mental space could be used for something more meaningful?

Old Financial Accounts and Debts:

This one feels pretty similar to "incomplete tasks," but I categorize them on their own because they seem to take up space in additional ways.  Are there any financial tasks, old accounts, or debts that are just sitting there taking up space in your wallet and mind?  Can they be cleared out?  There's one particular bill in my life that appears once a year, and its deadline isn't very strict.  So, sometimes it just sits there.  I have the money and I know when (roughly) it'll come, so what gives?  Sometimes these one-off financial tasks are ones that we drag our feet on simply because they aren't being streamlined like the rest.  Most monthly bills are on autopilot; the same goes with investments.  Others like bills that come annually, filing taxes, completing student loan payment forms, and many others require conscious effort to complete.  Well, let me give you a tip: they're taking up space in your mind even if you aren't completing them.  By not prioritizing these things, we're giving them valuable storage space in our lives that could be used for other things.  Did you tell yourself five times to pay that annual bill or organize your tax papers?  If you just prioritized the act of doing it, you could save yourself the repetitive energy of continuously reminding yourself of it.  Do you need to consolidate accounts because you have too many different ones (whether it be checking/savings or IRAs)?  Sometimes we collect these things and we'd be better served to streamline them.  Besides, some of them might function better for us than others.  Old debts are another one.  They really do take some time and energy to deal with, but have you ever stopped to think about the time and energy that gets spent on them anyway?  If we take positive, inspired action toward their elimination, we can clear away the mental space and reclaim the money they were once absorbing.

Spring is certainly in the air and it inspires a sense of renewal in me, as it does so many.  I find myself ready to throw open the windows and allow abundance to flow into my home.  Perhaps that was always the essence of Spring Cleaning, a ritual that I believe correlates to the art of allowing.

Wednesday, March 24, 2021

Budgets: Paying for Our Past and Financing the Future

Money has a certain energy and flow and it often feels like it responds to our energy and emotional responses as individuals.  While I truly love the flow of money in and out of my experience and the manner in which I can help facilitate that flow, there's one thing I don't really love.  That's budgeting.  While, I can really get into bean-counting, and love strategy (I mean, come on, I also prepare taxes), I don't really want to spend my time assigning what feels like arbitrary dollar amounts to a zillion little categories.  I'm not sure why.  It just doesn't spark joy.  I've written about budgets before and how I tend to utilize the 50/30/20 Budget popularized by Elizbeth Warren.  It's called a budget, but to me, it feels a little bit more like a guideline with three subcategories: Fixed Spending (Needs), Flexible (Lifestyle) Spending, and Goals.  Warren recommends that no more than 50% of our take-home pay go to the Fixed category.  Frankly, mine is way under that.  She goes on to suggest up to 30% for Lifestyle and leaves 20% for Goals.  Her recommendations feel really balanced to me.  It strikes me that if I allotted 30% of our household income to lifestyle, we'd be living the Slow FI dream.  Perhaps after we achieve our "new apartment" dream, that'll be something to strive for.  As it stands, we're only spending about 16% of our income in that category.  That's only for a season though because we have a very important short-medium term goal in mind: purchase a primary residence this year.

By Law of Attraction standards, the now is the most important time to give our energy to, and on the surface, the budget seems to be fully in the now.... or is it?  Arguably, those fixed and lifestyle expenses are all directly related to the now, but you may find some resistance when you look into your goals category.  The 20% Warren recommends using to fund your goals is split between paying for our past and financing our future.  Oftentimes, the budget will tell a story of disconnection with the now.  Where there is credit card debt, student loans, auto loans, or collection notices, there is evidence of a past self that was living in discord with the now.  At one point, we weren't operating in the now with our money.  We were borrowing from our future selves (the selves we are right now), and spending money we didn't actually have.  Every moment and every dollar we spend paying for our past is taking valuable energy away from our experience of right now.  As each moment becomes our new "now," we desire more and more to have full custody of our current time and energy in all of it varying forms.  As we make these payments month after month, we must realize that our debts are cyclically trapping us in our connection to the past.  

So, what can we do in the now?  Surely we must fulfill our obligation.  Avoiding it would only lower our vibration on the emotional scale.  We must remember that every dollar we pay to the principal balance of a debt obligation is a dollar energetically that we no longer have tying us to the past and keeping us from the now.  Can we find a way to take pleasure in each dollar of principal we decrease?  and if that is the case, can larger payments to the principal increase the level of satisfaction.  Besides, each payment now is a moment devoted to the now in that it is a full recognition of our need to divorce attention to a past which we cannot do anything about.  A desire to live fully in the present moment can inspire us to fully devote ourselves to the elimination of debt and a resolve to never go back.  

The other end of this Goals category involves saving for our future.  The obvious question that surfaces is why we would save for a future time if the present moment is the most important one and the one that deserves our attention.  The answer to this has to do with another interesting aspect of our egoic human nature.  When we're not busy focusing on past events, we spend a great deal of our energy worrying about a future that hasn't happened yet.  An over "obsession" with the future isn't a particularly great thing, as it draws us further out of the present moment. So, doesn't it make the most sense to focus our attention on what we can actually do in the now?  We can derive pleasure from knowing that our abundance is greater than our need.  From the overflow of our abundance, we can set money to the side in ways that allow it to grow as well.  By wisely setting the overflow aside in retirement accounts and other investments, we can allow it to multiply, freeing us to create the lives we're meant to live.  Lives that are full of passion and joy.  This is all that which we can create from putting the very best of our energy into the now and pouring ourselves into doing that which we are able to do rather than focusing our attention on worry about future outcomes or shame about past missteps.  

When I look at my budget, I feel joy because it represents that we are doing all that we can do right now.  We are one by one eliminating the residue of a past we cannot change, and taking joy in the knowing that each of those dollars is one that we'll never have to pay on those obligations again.  We have such great abundance in our lives that we have an overflow.  From that we can both set money aside, and also give.  While at this moment, our percentages are pretty far removed from the 50/30/20 framework that I so much enjoy, we're certainly under those critical 50% Fixed Expense and 30% Lifestyle designations, which is a beautiful place to be.  

Have you done a comparison of your budget categories to the 50/30/20 Budget suggested by Elizabeth Warren?  Are you under the critical 50/30 marks?  How much of your money is paying for the past?  How much is financing the future? And finally, are you happy with where it stands?