Money has a way of taking over our thoughts, particularly when times are tough. If you leave your financial fears and stresses to their own devices, they can multiply exponentially in your mind and leave you feeling helpless and defeated.
Take control of your money worries by journaling through them – even writing for a few minutes a day can empower you to make positive changes in your life to benefit your financial future.
Start with these quick journaling exercises, spending just 10 minutes at a time on each. Then check out Create Write Now’s new workbook, Pay Yourself First! 7 Days Money Mastery Journaling Challenge , to address more of your money concerns and further your financial goals. You will feel calmer, stronger and more financially fit in no time!
10-Minute Money Journaling Exercises
1. What is the best financial advice you’ve ever received? Who gave it to you and when? Did you follow it at the time or not? Why do you think this piece of advice is applicable to your life?
2. What is your “kryptonite” when it comes to saving money or spending responsibly? Are you a shopaholic? Do you have the travel bug? Are you a foodie who loves to wine and dine in style? Write about your greatest spending weakness and how it gets you off track from your financial goals.
3. If you were to set a goal of saving $5 every day, how could you change your habits to reach it? Would you make coffee at the office instead of buying a latte or bring your lunch from home instead of going out with co-workers? Brainstorm different ways you could make small changes to your daily habits to save money.
4. Explore how you deal with money stress. Do you avoid the issues and hope they will go away on their own? Do you channel your worry into another activity, such as working, eating or exercising? Do you think you handle financial situations in a healthy or unhealthy manner?
5. What does your Inner Critic (that nagging, negative voice in your head) say most often when you think about money? What is the recurring theme? What would your Inner Coach (your positive, supportive internal voice) say to counteract that message?
What did you learn from these quick journaling exercises? Do you have some of your own? Share your comments below.
If you want to learn how journaling can help you tackle life's challenges such as financial stress, please download the free eBook, The Journaling Guide to Manage The Stress and Strains of Life.
Take charge of your money and shape a healthy financial future with our self-paced journaling course, 7 Days to Money Mastery.