How to Manage Money Intentionally

As I was running the errands the other day, I stopped at the Costco gas station to get a gas for my car at more reasonable price…

There was a waiting line at the pumps… Obviously, many people like to come to Costco gas stations for the same reason as me.

So, I had time to observe a driver in front of me…a middle-age woman, who drove a sexy red Porsche…

When I switched my attention from the car to the driver, who was trying to pay for gas, I noticed that her credit cards were rejected… not one… not two… but three cards!!

It reminded me that having money doesn’t make you good with money!

The fact is, most people don’t manage money intentionally.

They receive money and spend it ALL on their immediate needs and wants, without having clarity about their long-term and short-term financial goals and priorities, and without having a strategic plan for achieving their goals.

So, there is no surprise that SO many people feel that their money situation is out of control….

Even high-earners (people who make multiple 6 figures) often live paycheck-to-paycheck and worry about money and their financial future.

Having money doesn’t make you good with money!

Because it’s not what you make that matters the most… It’s what you do with what you make!

And current economic environment – impending recession, persistent inflation, high cost of food, gas, and housing – only magnifies the unhealthy money patterns.

More and more people are worried about their money situation right now… and it’s especially challenging during the holiday season.

While you cannot control things like inflation, recession or cost of gas, you can control what you do with your money!

Saving and investing may not be as sexy as winning a lottery or marrying into wealth, but it’s much more probable and practical.

And I want to remind you that SAVINGS are seeds for your wealth.

So…let’s focus on how you can have more Seeds for Your Wealth.

In my?Awakened Money Mastery?program, clients use a protocol called “Money Mapping”, that I want to share with you today because it provides intentional control over their money instead of being stressed out over it.

There’re 4 main money buckets you can choose to direct your money to:

1.?Lifestyle money bucket?(aka MUST PAY money bucket: e.g. rent / mortgage, utilities, groceries, debt payments, internet, car insurance, clothes, medical insurance premium, etc.). Suggested allocation: ~ 50% – 70% of your income

2.?Long-term Savings money bucket?(e.g. emergency fund, house down payment, education, etc.) Suggested allocation: ~~?15% – 20%

3. Short-term Savings money bucket?(FUN money + Unexpected expenses: e.g. gifts, vacations, shoes, clothes, dining out, concerts, etc. + an unexpected plumber bill, dentist bill or a traffic ticket)?Suggested allocation: ~~ 10% – 20%

4.?Investments’ money bucket?(Stock market: accounts like ROTH IRA, 401K and Rollover IRA, gold & silver, cryptocurrencies, rental properties) Suggested allocation: ~ 15% – 20%

he beauty of the?Money Mapping protocol?is that YOU tell your money where to go, instead of wondering where it went, paraphrasing John Maxwell.

And once you map your money across different money buckets, then you can then automate your money flow, so that you manage it by default, WITHOUT stress!

Look… I spent 6 months in France, but most of my bills in the US were paid automatically.

Here’s the bottom line:

YOU ALWAYS have a CHOICE.

YOU can keep complaining about circumstances that you have NO control over (like high inflation, bad economy, etc.) and reaffirming your limitations by the story you keep telling to yourself

OR

YOU can choose to focus on finding solutions to your money problems that ARE in your control, get clear goals and priorities, and create a strategic plan to accomplish your goals.

And the best time to start is RIGHT NOW.

To your Health, Wealth, and Freedom!

Millen Livis

P.S. Wishful thinking is not a successful strategy. Waiting for a better timing and procrastinating on taking decisive actions are the habits that got many people into enormous financial troubles.

Don’t let this “money drama” happen to you!

If you feel that money worries are holding you back or you feel sick and tired of living paycheck-to-paycheck, schedule your complimentary “Never Worry About Money Again” PRIVATE money strategy session.

LET’S GET YOU OUT of money worries, so that you’ll feel happy when you think about your money.

Private message me if you’re interested in scheduling yourno-cost no-obligation strategy call.?