#46 Wealth Building in 2023
Happy New Year!! It's incredible to realise that one year is over and another is starting. It didn't feel that long ago that 2022 began. 2022 was a year of the opening and life somewhat returning more to a state of "normal" after a tumultuous few years.
There was still quite a bit of uncertainty, and then before you knew it, half the year was gone.
So, rather than that happening again, this episode is to help you be intentional and more focused in 2023 - my word for this year is "Courageous", and I want to make a bigger impact with the work that I do. It's a big thing to write and say this, as I used to keep things very close to my chest and not reveal things about myself. Personal growth is a great (and sometimes scary) thing!
The 5 areas this episode will cover in terms of wealth building are:
- YOU - what are your Core Values? What does money means to you? Why do you want money? What is the lifestyle you want money to help you achieve? Clarity in this area is the basis for the remaining areas.
- MIND - how your Beliefs and Stories are either supporting your journey or holding you back. We are often prisoners of our past, and it's time to break loose of those shackles!
- HABITS - what repetitive behaviours (i.e. Habits) do you need to support the lifestyle you want? Part of habits is being disciplined and consistent. Not sexy, but they'll get you where you want to go (which is why you have to figure that part our beforehand - even if it changes along the way)!
- MONEY - now this is where the money side kicks in. This looks at Income, Expenses, Debt (so basically, Budgeting), and Investing.
- REVIEW & either REPEAT or ADJUST - because life is cyclical and things change around you, it's important to look back to make sure what you are doing (for the most part) are aligned with your Values and Vision. If there is misalignment you may need to make some adjustments at the areas above. Or, you just keep doing more of what you are doing.
Enjoy and have a wonderfully wealthy 2023!
