Blog.

What I Really Want to Teach My Kids

My 9-year-old baby brought me this yesterday morning in bed.

“Happy Easter Mama! This is you first thing in the morning.” She held out an orange plastic Easter egg, with glue eyes and a crooked smile, with pink tentacles.

There are no words…. and what are those pink scraggly things hanging off the bottom of my replicated egg face, I could only assume were…OMG…

“What are those?”

“No, mommy that’s your hula skirt.”

Thank God!

I breathed a sigh of relief. I’ve spent a fortune on chin hair removal only to have them come back and haunt me by my 9-year-old daughter.

Kids are smarter than they look! Even though I may have evaded my dark chin hairs from a 9-year-old artist (for now), there are some things that won’t elude her.

Like how I talk about money around her.

And then it got me thinking.

What do I really want my kids to know about money? I mean besides being responsible with it, and all the same old stuff we try to teach our kids about money (like give, save, spend wisely), or at least pretend to while we are busy bribing them to shut up so we can watch the latest episode of Scandal on Netflix. (Ya, like you’ve never done that….)

So here are a few things I really want to teach them about money and other stuff in life…. (I guess I should send this list to WINNERS so they can print it on canvas so I can hang it above my toilet to be reminded of it everytime I take a….)

1. Build your dreams first.

Make them first. Make them first priority. Don’t put anything above them. Not religion, not your parents, not thoughts on what society tells you to do. God gave your heart a desire and when you follow that and put it first, everything else will fall into place. When you don’t follow that plan, that desire, you end up in a bad place. Bad jobs, bad relationships, bad choices, BAD. And only bad by your definition, not by others. I mean on the surface you made your family happy, you married the right person, got the right education, got the right job, by societies standards – you are a success. But every day, your soul is yearning for more. And in a good way, you are here for a purpose – make sure to live that purpose, and live it to it’s full. You have a message to share with the world. Build your dreams first, or you will be helping someone else build theirs. Look for the win-win-win-win. It’s always there, even if it’s not showing its face yet.

2. You don’t have to work hard for money, but you do need to create loads of value. Money comes easy.

I’ve been under this presumption most of my life. That money is hard to get, you have to bust your ass 9-5 to get it. You don’t. You just have to create value and the money will follow. Create. Solve other people’s problems. Come up with ideas – lots of them and put it out in the world. The more value you create, the more that will follow. We all are allotted the same 24 hours in a day – so we all have the same opportunity to do what Richard Branson has done.

Years ago, I was listening to “The Strangest Secret” by Earl Nightingale and learned what Earl had to say about money, “Our rewards in life will always be in exact proportion to our service.” He was right. I’ve tried to disprove him in my mind a thousand times. I always look for the value. Doesn’t matter what it is in, whether a YouTube star, oil tycoon or drug lord (yes, Netflix again!) But it really doesn’t matter what you do to make money (I mean it’s your choice, and yes, I’m not talking consequences for your actions at the moment, I’m strictly talking value exchange.) If you create value, you have to be compensated for it in some way or another. It’s an irrefutable law. And like the law of gravity, this law can’t be broken. It always wins, and sometimes you need to learn this for yourself. So, create value and money will follow, if that’s what you want. Which leads me to….

3. Anything you believe you can do, you will do.

Sure, you do need tenacity. But tenacity, and persistence, consistency, and all the other characteristics, like clarity, confidence, and courage, will all flow once your belief is unwavering. You must be unwavering. It must be set in stone in your mind. If there is room for doubt, it will crack you – and just like a small leak which will sink a big ship, it will also sink you (or at least take you longer to reach your goals!). There can be no other conflicting beliefs. They must all align. (Man who chases 2 rabbits catches neither! – Chinese Proverb)

I know the reason I’m not where I want to be – way too much self-doubt! This conflicts with everything I’m trying to build. So, unless I get over that, get over myself, and tell all the people in my head (and in my real world!) to pretty much shut up and not allow negativity to crack my ship, then I will never do anything I believe I can do. Once my belief is a part of me, once I’ve accepted it as truth, and when nothing in this world can shake my belief – it shall be done.

Those are 3 things that I really want my kids to know! What are yours?

What is your message? What do you want to leave behind for your kids or the next generation? What were you put here for? If you are serious about your legacy and want to make sure your message gets out to the world instead of getting lost in transition or unclear intentions, you need to set an appointment with me. And let’s make sure you get this message out there.

 

 

 

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Coach.

The What If’s!

Every once in a while I feel like disappearing.

I mean, I want to hop in my car, and never look back. Okay, my life is really not that bad at all – in fact, I’m rather in love with my life right now! But there are times I want to get in my car with my old guitar and a brand new set of strings….. wait that’s a country song.

Okay, so I’ll admit I’m a bit cliché. This really is a photo of my feet (in hot-damn sexy shoes) on the hood of my black sports car. I really do enact county songs on old back roads, but not with beer, and not with whatever else they do in the back of trucks, so my country song would be rather lackluster and go something like this:

She sat by herself on the hood of her car, all by herself, all by herself.

No beer, no cigarette, no hand to hold, just her and the wind and bugs.

At least she has a great pair of shoes on…..da…da…da…

Okay, so it doesn’t rhyme, but you get the picture before I really start to depress myself.

Here’s the thing.

Sometimes, I think we all want to get away. I mean, really get away from it all. We maybe wonder what our life would be like if we had chosen a different life path. What if we had moved to Tegucigalpa or Toledo? Or dated Bruno from the high school football team? Or married the banker? Or lived in Germany permanently? What if we had one more child? Or one less child? Or won the lottery that you really knew was yours to win? Or if I was hot and skinny? (cough)

Sometimes “what if’s” can spin both ways. They can make you incredibly thankful (like you are soooo glad you didn’t marry Bruno) or they can also put you in a funk REALLY fast (like when your neighbour won the lottery instead and stole your wife, your dog and your chickens too!)

Especially when you start considering your financial “what if’s”.

My biggest what if lately is what my life would be like if I didn’t have this financial albatross around my neck in the form of crappy rental properties that I’ve had for 10-years already. Long story, which I will save for another time.

However, here’s the deal with “what if’s” – they really don’t serve us – at all!

“What if’s” can paralyze us, keep us dreaming and not in action towards our real goals, and keep us stuck in the past.

“What if’s” can really make us feel sorry for ourselves – another useless emotion.

Anything that keeps us from taking action on our goals, dreams, plans, is completely useless to us.

Where do you find yourself tossing around the “what if’s” in your head right now? Use that as a clue to what your dreams are! Use that as an indicator to what your next steps, your actions should be!

For example, if you find yourself thinking, “What if we had this debt paid off?” or “What if we had money to buy that boat?” Then use your “what if” to make a plan to pay off your debt, or save money for that boat, and then go to work on that plan. Set the intention and get to work on it!

“What if’s” usually are the things that really stir your soul!

You don’t go around wondering, “What if I went grocery shopping right now?” If you need groceries, you just go and get them. It’s not something that stirs your soul and probably doesn’t cause you to sit and ponder it on the hood of your car (in sexy stilettos) in the country. No, only deep, important, soul-stirring things will cause you to go out to the country and sit inside a depressing country music song.

So, next time you are caught in your “what if’s”, use them to your benefit to figure out what’s really important to you! (And be thankful you didn’t marry Bruno!)

 

Coach.

How Long Have You Been Doing That?

It’s day 35 of Lent. How do I know? I don’t.

My abs however do. I’ve done 3,500 sit-ups. 100-a-day for the last 35 days.

To be fair, this is the first time I’ve actually stuck with something through Lent and I wasn’t even raised Catholic (I’m Christian) and you are asking how that draws me closer to God? You can be sure my mommy-flabby-abs and I are desperately praying, “Dear God, when will this end?!”

Here’s the cool thing about doing something consistently. I’m damn proud of myself and it feels so good to be proud of yourself. I’ve decided that I’m going to continue the sit-ups after Lent. They make me feel good. I can actually suck in my stomach now when need be, like when entering and leaving the hot tub in my bathing suit and I can almost feel my muscles under their nice comforter when I flex them. (They stay warm. I feel sorry for those poor abs that have to be exposed to the elements without a nice comfy blanket. 😉 )

Here’s the thing. I really do suck at consistency. The one thing I can say I’ve done 90 times in a row is this blog. That is it! Creating and keeping good habits are not my strong suit, and I know as humans we aren’t programmed to have consistency and persistency come naturally to us.

Habits = Work

What you do every day matters more than what you do every once in a while.

Accomplishing great goals takes consistent persistent action.

I was having an internal yelling match in my head with one of my business coaches, wondering why my business wasn’t where I wanted it yet. I wanted to know why I haven’t “made it” yet. Then she asked me and our whole group of entrepreneurs, “Well, how long have you been doing X?” And I replied, “Maybe 5-6 weeks for this one thing, maybe 6 months for other things?!”

She said, “Come back and let’s talk once you’ve been doing it for 2-5 years consistently.” BOOM to my head. Yah, duh!

Yup, somehow we think that doing things a handful of times (like exercise, eating healthy, selling something, growing something, etc.) should yield us the results we want. It rarely works that way.

We all want the over-night success that we think we see others have, however we don’t stop to consider the small actions that we need to take today to make us great one day. (One day, people will meet me and think my business and author fame (LOL) happened overnight, however, it really took over 17 years consistently staying in the same industry doing the same job, not jumping from industry to industry or job to job. Sure, there may have been minor detours to figure stuff out, but overall, I’ve been consistent in what I’ve done. Many people I know have not.)

It blows my mind why people think that I’m amazing because I wrote a book.

Let me re-assure you that I’m not uber amazing (just semi-amazing!)

All I did was write a little every day.

If you write 1000 words a day, then in 50 days you will have a 50,000-word book too!

The problem is that we haven’t habitualized (I made it up!) what is really important to us.

Do you ever wonder why some people are rich, even though they make the same amount of money that you make? It’s because they saved better than you did. My guess is that they started good savings habits early on, then one day you stand side-by-side a person who saved and one who didn’t save, yet still earned the same throughout all their years, and their net worth will be dramatically different.

Yesterday, I was really hard on myself while I was doing my morning journaling. I back engineered what I want to be known for in my life and what kind of leader I want to be, and then wrote out the habits that will get me there.

I came up with a few new habits I need to start making non-negotiable. (Don’t do them all at once – that may be too hard, add them in slowly to your routine! Just speaking from personal experience – being in a feeling of overwhelm is a sure way to make you NOT do anything habitually!)

I love this quote:

Everyone must choose one of two pains:

The pain of discipline or the pain of regret.

What do you choose?

What do you really want from life?

I encourage you to back engineer your goals to figure out what habits done consistently are going to get you there.

Is it writing, learning, practicing a skill, saving, messaging, giving, loving, exercising, diet?

And then once you figure out your new non-negotiable daily habits.

Do THEM!

Do THEM!

Do THEM!

No exception. It may take 1 or 2 or 10 years, but I can guarantee YOU WILL BE GREAT at it and go off to ACCOMPLISH GREAT THINGS!

And above all, you will FEEL AMAZING!

 

 

Want to learn how to feel amazing about your financial situation? Join me for Wealth Spa Workshop at Wealth Ranch in Cochrane on Saturday, May 13 from 10am – 1pm. Cost is $99. Message me for details at lisa@ellementsgroup.com

Coach.

Caramilk Sit-Ups

My life is going amazing! Why might you ask? Well, let me tell you!

THIS IS MY AMAZING LIFE:

  • can’t lose another pound for whatever reason, been stuck at this place for 4 MONTHS trying!
  • feel like I’m making ZERO headway in my business – ALL AREAS (regular business, book, online, etc.)** This is my BIGGEST UPSTREAM
  • my kids are constantly fighting, and I’m ready to sell them
  • I snore. I don’t know why I’m telling you that, but I was diagnosed with a big tongue (There’s not even a surgery for that!) To be fair – I sleep like a baby, but no one else does

I want to blame today’s MASSIVE FRUSTRATION on PMS, because I seem to go through this every bloody month (no pun intended) and I’m so over it!

So my friends, I write you today because I’m really grouchy, pissed, depressed at life, and maybe so are you. Maybe you’ve been working hard toward your ideal goal too and it isn’t happening. Maybe it’s been years and you still feel you have no headway.

I’m sitting here writing like I do every Tuesday morning at 4am. I’m in my dining room, I can look out and see the stars, sip on my coffee and listen to the quiet and write myself some good advice. Any writer knows the secret truth of writing is not for others, but for yourself!

In these moments, my cherished ambrosial hours of the morning, with no one in my head, and no one in my inbox and voicemail, and no one around, I get to connect with the future me.

FUTURE LISA: Why are you so blah women? Get it together! Get off your lazy ass and get up out there and make stuff happen! Come on! You are SOOOO CLOSE TO ACCOMPLISHING SOME OF YOUR BIG GOALS, why are you quitting now? What else are you going to do all day? Sit on your ass and watch NETFLIX? (Side note: I just realized after editing this that FUTURE LISA sounds just like my mom….. hmmmm!)

CURRENT LISA: Yes, damn straight. I’m going to do that and eat some chocolate. I’m right in the middle of “The Blacklist” and trying to figure out why I have a secret crush on James Spader, because it baffles me, he’s not that good looking. Maybe it’s his brains….. I could re-watch Sherlock and get me some more Benedict Cumberbatch – nothing wrong with that… my brain would rather turn off the rest of my life FOREVER.

FUTURE LISA: PULL IT TOGETHER LADY! Those abs you want ain’t going to carve themselves. The impact and transformation you want to make happen in the world ain’t going to happen while hiding in bed making love to a CARAMILK.

CURRENT LISA: I don’t see your point. I’m doing situps every time I reach for a piece of my Caramilk. So far, that equals, hmmm, 24 sit-ups, clearly enough to negate the calories of the actual chocolate bar.

And this is why CURRENT LISA always wins. SHE’S STEALTHY, and she makes a really good point about sit-ups, and is damn good at justification  – she’s been practicing it for many years!

What’s the point here of this whole spiel? Good question, you are asking the wrong LISA. CURRENT LISA may be heading back to bed in a few minutes to make love to a chocolate bar. Better to ask the other one what this is all about.

FUTURE LISA has finished her next 4 books, completely transformed financial literacy in Canada, raised 2 amazing ladies that are living with love & on purpose, ran a marathon, had a REAL New York Times Best-Seller, inspired millions of people around the world to get their ASSets in order, helped thousands of families create a legacy to last for generations to come, and still does Caramilk sit-ups.

So maybe have a talk with your future self when feeling frustrated, depressed, or grouchy and get inspired to continue on, despite things not happening the way you want them to.

How can your future self inspire you today?

 

Financial.

4 Things I’m Super Passionate About

Things I’m passionate about:

  1. Shoes
  2. Chocolate
  3. Shopping
  4. Wine

But here are the 4 things I’m SUPER passionate about, that aren’t totally self-serving, although make no mistake, I will always love my shoes and shoe closet!

I’m so passionate about these things because I feel they are my life’s work to help people create a legacy of something greater than ourselves, and these are some of the ways in which we can do that!

1. Life Insurance

Why? Because I’ve seen first hand what the power of a huge sum of money can do for a family in their darkest hours. I also want to say, if you have debts or children, I think it is your responsibility to make sure you have a plan for those in case you aren’t here one day. Stop putting it off. Make sure your family is well taken care of. This isn’t about getting your family “rich” or being worth more dead than alive, it is, however, something that I believe everyone needs, regardless of age, because, let’s face it, every single person who dies has final expenses and it can become a financial burden. I’ve seen it many times. (Not to mention, Life Insurance still offers ways to shelter money tax-free in some cases, and all life insurance payouts in Canada are tax-free.)

2. Critical Illness Insurance

The average age of claims for these policies in Canada is age 46-49! YES, that is the AVERAGE, meaning approx. half above that age, but also half BELOW that age. How old are you? I have personally handed out critical illness cheques to people in their 40’s. So maybe it’s time to consider this type of insurance, especially if you have a job that you are dependent on for income (ummmm, that would be most of us) and because you can’t/shouldn’t ever be depending on your employer to take care of you in case of a disability or illness! (Yes, disability insurance is also important if you don’t have any!) This insurance also pays out TAX-FREE when you are diagnosed with cancer, heart attack, stroke, MS, etc! Trust me, the last thing you need is to be financially stressed when facing a critical illness! What will being financially stressed out do to your health and your road to recovery?

3. Organ & Tissue Donation Registry

My 9-month old 2nd cousin just received a new heart last week!! FREAKIN’ AMAZING and he’s bouncing around like no tomorrow! So this is something that has affected our family personally! Have you signed up? Did you know that Alberta (where I live) has the LOWEST sign-up rate? We have only 8% of Albertans have signed up on the Online Registry! (Now, there could be more with signed health care cards, but no one can track that and that’s because we used to have to sign the back of our health care cards, well, that really doesn’t mean too much when it gets lost or no one can find it when you are in a coma and it’s hiding in a file somewhere or under your bed, seriously!)

That’s why they now have ONLINE REGISTRY! Click here for Alberta’s registry or do a google search where you live! One organ and tissue donor can save up to 8 lives plus enhance the lives of 75 more people, such as sight or tissue, etc!

There are over 700 Albertans and 4500 Canadians on a transplant list! I signed up a month ago on the online system, and faxed in my form (with witness). Don’t feel bad if you didn’t know either!

4. Leaving a Legacy With Intention

What is it that you are here to create? What is it that will last long after you are gone? Big questions!

The truth here is this. You are dying and going to be leaving a legacy anyways, why not make it great!?

I just want you to think about that and what you want to leave behind. It’s important. My next book is all about this topic!

I believe it is important that each of us on this earth leave something behind that makes this world a better place, be it science, education, a cook book, donation to a school or hospital or organization, financial means, music, etc. – whatever it is that you came here to do, DO IT!

DO IT WITH ALL THE INTENTION IN THE WORLD for the world!

The greatest gift you can give yourself is the feeling of contribution and feeling proud of yourself!

 

Blog.

How to Get Killer Confidence!

Yesterday, I was on a coaching call with my life coach, who I’ve been working with for almost 5 years when I realized my problem with confidence.

(Quick Massive Side Note: Any coincidence that my life has literally BLOSSOMED over the last 5 years?!? Maybe it’s time to find someone you trust, like a life coach, to work through all the stuff in your life (health, relationships, business, goal setting, etc.) but only if you are serious about wanting to push through to what you dream is possible for your life and make it a reality, and TRUST me – it’s so good when you do push through because everything you EVER wanted is on the other side of fear! Hear me? Okay, back to today’s post!)

So I’m talking through stuff around my business, and was talking about confidence and why I “feel” I have so much in some areas, but then in other areas, I “feel” I have none. So I asked her,

Where does confidence come from?

So, like any good coach, she turned it back on me. DAMN! I hate answering hard questions.

This is what I’ve come up with, and MAKE NO MISTAKE, this post is written by me for me, but I realize I’m not in this alone and that y’all need some confidence too, in fact, when it comes to money, the reason why most people don’t take financial action is because of their lack of clarity and confidence.

I know how you find clarity.

Clarity comes from taking action. Period.

When you take action, you make decisions, see what feels right, what feels wrong and begin to see and figure out what you want. So to get clarity -take action. Especially important if you are in a state of confusion or you feel you are stuck, taking action will help. Important here is to not let fear of failure stop you, try something and then if it doesn’t work, who cares, you now know that that’s not what you want for your life.

I do know how you find confidence too, I just didn’t ever consciously think about it.

So I searched the Googles and looked up the word confidence, and to my amazement, it read this:

Confidence: the state of feeling certain about the truth of something, or a feeling of self-assurance arising from one’s appreciation of one’s own abilities or qualities

AND THEN BOOM, it hit me.

Confidence is a FEELING and you need to create those FEELINGS inside of you & believe those feelings inside of you to be able to be confident in whatever you do.

Confidence comes from WITHIN!

One of the key ingredients in confidence is knowledge. When you learn and gather information and make sense of it, you gain knowledge and I do believe having knowledge on any given topic gives you the confidence to share that knowledge. In point of fact, I would not have the confidence to speak Mandarin, teach how to make balloon animals, shuck oysters, use Morse code, or to teach how to recognize bird calls (chirp-chirp) because I have not yet learned these things (although, perhaps on my bucket list 😉 )

But then WHY do I not have confidence around the stuff I already know?

It’s because I don’t think I’m worthy enough or smart enough or pretty enough or skinny enough or rich enough, and on and on.

AHHHHH – good ol’ negative self-talk comes back to bite me in the ASSets once more!

So what do we (I) do?

CHANGE YOUR INNER DIALOGUE!

To do that you need to REPEAT CONSISTENTLY through:

  • Mantras
  • Affirmation Statements
  • Prayer
  • Meditation
  • Declarations

And most importantly, do it all with BELIEF. You need to believe your inner voice. You need to shut out the noise of other’s voices in your head and really believe that God/the Universe has your back.

Changing the thoughts around your confidence will in time give you the belief you need to create the feeling of confidence, which will lead you to action and then to your desired results!

Do whatever you need to to do re-frame that inner negative self-doubting talk and do it fast, so you can stand in confidence with what you were put on this earth to do!

You were created to have all the confidence in the UNIVERSE to KNOCK IT OUT OF THE EFFING PARK! 

So, knock it out of the park!

 

If you want to create confidence and clarity around your money, and this is resonating with you around the topic of YOUR MONEY, then it’s time to work with me closer on this.  I have MANY ways you can work with me from 1:1 coaching, to my online money makeover course teaching you all about your money so you can create the feeling of confidence within you.  You can email me directly at lisa@ellementsgroup.com or check out my course at moneymakeoveronline.com 

 

Financial.

DON’T PAY DOWN YOUR DEBT!

The Debt / Savings Relationship Model

Have I got your attention yet?

I’ve been asked this question numerous times throughout my career, and then 5 times this week alone!

SHOULD I SAVE/INVEST MONEY OR PAY DOWN MY DEBT?

or better yet,

WHY SHOULD I SAVE/INVEST MONEY @ 2% WHEN MY DEBT IS @3%?

or any variation on that question.

I have a DAMN good answer to this questions and trust me I’m going to say something here that I’m certain I will get backlash from SO many people (mostly middle-aged older men in my industry – which let’s be honest is like 80% of the financial industry).

The people who won’t understand this post are the people who are left-brain thinkers, accountants, numbers people, people who are so logical that they can’t for the life of them see past the black and white of math. They are also the people who follow all the rules and aren’t my first choice to invite to a party until you secretly spike their coffee and then proceed to party like it’s 1999 because they really REALLY believed in Y2K. These people most likely don’t have any debt. So if this is you – this ISN’T for you! You are restrained and we need people like you in the world (and we love you!). So go off and enjoy your spreadsheet!

This post is for EVERYBODY else. Everyone who has debt. Everyone who has ever got a new credit card and instantly booked an all-inclusive to Mexico for 2 weeks when they were 19 or ran away to Vegas and left a note on the kitchen table telling her parents that she just went to Vegas with a boy that she was strictly only friends with or ran out and bought a new pair of shoes. (Because I would NEVER EVER EVER do that – who are her parent’s anyways?!? Hi Mom & Dad!) 😉 Right, like you never did those things!

OKAY – so are you with me?!?

This is why I love math – because it is black and white on paper, however, in reality, the whole world is sitting in a pure muck of GRAY!

We aren’t stupid! Come on – everybody, including my 3rd graders, knows that it’s better to pay down debt at 3% versus saving at 2%. It’s a NO BRAINER! Right?

WRONG!

I’m going to say something unheard of from a financial person.

Sometimes NUMBERS DON’T MATTER!

Wanna know why numbers don’t matter? Because when it comes to our money we are emotional and we make all our decisions mostly on emotion versus logic. ALL of our purchases are EMOTIONAL! We are created as EMOTIONAL CREATURES! And how we think about our money is far more powerful than any number! Here is the deal and I’m going to walk you through this very carefully, and again this isn’t for everyone, but probably most of us, of course as with anything – always consult your financial/tax professional. There are a million different scenarios, so there never is a right answer for everyone, however, I still want you to understand this concept from the SPIRITUAL/LAW OF ATTRACTION/POSITIVE THINKING side of things.

I see so many clients totally stressed out about their debt, sometimes to the point where it keeps them up at night and even makes them sick. So this is serious stuff.

What I want you to consider is that once you are maxed out with debt (aka, you have a mortgage, car, a few credit cards – LIKE MOST OF US CANADIANS!) that your debt probably won’t be growing by leaps and bounds. And for most of us who have a house and maxed out credit cards, chances are the banks aren’t going to be lending you too much more money, or at least you are stressed out enough about your debt not to be taking on new debt. So in other words, your emotion in relation to debt is pretty maxed out. You are feeling stress because of this. Keep in mind this has NO number attached to it! I have clients that stress out over $12,000 worth of debt and others that don’t care that they have $1,000,000 of debt. SERIOUSLY, I’m strictly not talking numbers but the feelings you have inside of you toward your debt. Even if you aren’t stressed out by your debt, you are still probably carrying negative feelings towards it.

Your debt is in a box. Your debt for the most part is FINITE. It is negative on your balance sheet. It is a NEGATIVE EMOTION within you. It also reminds you of what you don’t have, or the LACK or SCARCITY in your life. Your debt can NOT grow to infinity! This is good news! Do you sometimes wonder why you feel you can never get ahead?

As Tony Robbins says, “What you think about you bring about.”

Or the Law of Attraction: “That which is like itself is drawn to itself.”

So right here it’s important to make a plan with your debt. Minus any major inheritance or lottery winnings, you need to set an amortization schedule for your debt and make a plan to have it paid off – whether it is 10-20-25 years. Most people have a 25-year mortgage, so let’s go with that.

Make a plan for your debt and FORGET ABOUT IT!

OKAY, next part of this.

I want you to save money. I preached this last week on self-worth, and I will preach it again sista.

SAVE MONEY.

Again, I don’t care if your employer is ‘saving’ money for you (pension, RSPs), or you are waiting for some big pile of money from your dead rich uncle, I want you TODAY to make a plan and save money!

This is why. When you save money you create a POSITIVE FEELING INSIDE. You are adding to your spirit, your self-worth. You are ATTRACTING ABUNDANCE. You are focusing on “adding” not “subtracting”. The other reason is that liquid money is always important for things like emergencies (having an emergency fund), or being able to take advantage of investment opportunities as they arise.

Who cares if you are only getting 2% on your savings while your debt is getting paid down at 3%? This is where numbers don’t matter. The feeling that saving money is creating inside of you is worth far more than your actual savings! You are feeling proud of yourself. You are feeling positive! You are doing so much more than just saving money and this will begin to show up in other areas of your life. Never underestimate the POWER of a CONFIDENT WOMAN! (or man!)

When you have loads of debt (like large sums over $100,000) you feel like you will never be able to pay it off because it is insurmountable. You are in overwhelm.

Here’s the other BIG IDEA, which I’ve kinda already alluded to.

YOUR DEBT IS FINITE and YOUR WEALTH/SAVINGS/INVESTMENTS ARE INFINITE!

YES, INFINITE! You can grow your wealth to the sky! No one is going to stop you. Your debt, on the other hand, will eventually go to zero, it can’t go below zero.

I created a graphic to illustrate this. (See my Debt/Saving Relationship Model Graphic!)

Now, keep in mind this isn’t for everyone. If you have a ton of liquid assets and a small amount of debt, and that small amount of debt is stressing you out, then take out some money and pay it off. Hopefully, you learned your lesson and won’t get into debt again. If paying off debt creates a massive positive feeling inside of you – THEN DO IT!

However, here is the reality of this my dear friends. Most of us may pay off a credit card and rack it right up again. Let’s face it, we live in a society where it’s virtually impossible to get away without one. Plus, isn’t it always funny that something comes up financially right after you paid down your credit card?! Hmmmmm, think about that.

Because of behavioral psychology, I know and you deep down know that we need to almost trick ourselves or come up with a foolproof plan to get rid of debt while being able to enjoy the fruits of our labour and accomplish our savings goals. This is truly possible by the way.

I believe you can have it all! And, yes, that does mean debt-free (and yes, that is the ultimate goal!)

So start your infinity account today! 

 

Make sure you are signed up for my insider’s info & money tools! And you really need to sign up for my Money Makeover Online Course if you really want to take your money game to the next level!

 

 

Financial.

SELF-WORTH & NET WORTH

It’s the craziest thing! SELF-WORTH and NET WORTH usually go hand-in-hand. It’s simple. It’s because the people who have self-worth and self-love attract money to themselves.

You love yourself, you feel you deserve money (and you do – everyone does) and when you are CERTAIN, money flows to you. Money loves certainty. Money is attracted to people who are certain, not to wishy-washy hopes and dreams, but well laid out detailed thought-through plans!

It boggles my mind that only 6.7% (according to CRA 2013 statistics) have MAXED OUT their TFSA’s.

The MAX that any Canadian can put in is $52,000 – that’s it. $52,000 and every Canadian should be taking advantage of these accounts. There’s no reason not to.

But it goes waaaaay deeper than just TFSAs or RRSPs. Canadians, Americans, PEOPLE on the WHOLE in the world are not SAVING and INVESTING in themselves regardless of culture or income size.

BUT YOU ARE NOT! WHY IS THAT? WHY AREN’T YOU SAVING EVERY MONTH? YES, I’m talking to you.

WHY DO YOU NOT VALUE YOURSELF ENOUGH TO SAVE AND INVEST IN YOURSELF?

Trust me when I say this too, as your net worth grows so does your self-confidence, your self-love.

And it’s NOT ABOUT THE DAMN MONEY!

Saving money is about this:

  • valuing yourself
  • valuing your legacy
  • valuing your integrity and the commitments you keep with yourself
  • loving yourself
  • sharing that LOVE & your message with the world
  • and if that’s not enough, then for sure it’s about the SHOES, and being able to buy whatever shoes whenever you want because
  • freedom! (But ultimate freedom comes from living ultimately with constraint, consistency, and through some good habits!)

People who save/invest money do so because they VALUE themselves enough and know they are worth it. We as a society and world value money, and we typically value it pretty highly, higher than ourselves sadly. This needs to STOP. You need to start making money your B*TCH! It’s just a TOOL. Money gives you options. OKAY – so I just giggled saying that, but it’s true. You are not a slave to it! It doesn’t own you and the moment you think it does, you’ve lost and you’re letting money control your life.

You’re handing YOUR PERSONAL POWER over to money.

Living like that creates depression, anxiety, stress, and a whole host of other problems and diseases in your life!

You know how in the BIBLE it says do not make money your idol, your god? Well, you are doing that when you are letting money RUN your life. You are letting money be your god by default. You are living your life by default. You aren’t making any conscious choices around your money. You are doing that by not VALUING YOURSELF enough to SAVE and INVEST EVERY MONTH!

Here’s another thing, for those of you with wealthy parents waiting on an inheritance, thinking that mommy & daddy are going to take care of everything, I’d like you to save for yourself. Seriously, even if you are waiting on a boat load of cash to roll in (and I know there are LOTS of you out there!) TRUST me future-trust-fund loves, you need to do this for yourself, because you need to feel proud of yourself. YOU DON’T FEEL PROUD of yourself when you receive a gift of money. You feel proud when you work hard, save, and your self-confidence grows like crazy. So to those, stop using this as your crutch, and ditch the rich-parent-inheritance excuse! (Hey, some tough love is needed at times!) People who win the lottery and get huge inheritances usually are broke after 7 years because they don’t feel they deep down deserve it. Don’t let that be you. By saving, and taking care of you, you will feel you deserve it and you won’t end up a sad statistic!

Tony Robbins said on a podcast I was listening to yesterday, if the government raised taxes by 10%-20% you’d b*tch and complain about it, but you’d pay it right?!?! Of course. Because you follow the law, you value NOT going to jail.

Listen Love, why don’t you value yourself that much to save 10%-20%? Why don’t you look in the mirror and say you are worth more than money?

YOU ARE WORTH MORE THAN ALL THE RUBIES & DIAMONDS & GOLD IN THE WORLD!

So, I’m going to plead with you to start saving money for yourself because no matter where you are financially, you really are worth it beautiful people!!! Pay yourself first sounds so cliche. But essentially you need to do that. Open up a high-interest e-saving account if you want to start small.  (Hint: YES, there is an e-savings account in Canada giving you 2.0% – if you google it, you will find it! And it’s prob NOT a bank you’ve heard of! Start weekly or monthly transfers from your main bank into this account!) I bet you that the minute you do this little step and save money for yourself and create that plan, that you will INSTANTLY feel BETTER! It’s a cup of instant SELF-LOVE & SELF-WORTH – DRINK UP!

Want to make more money? Want to increase your net worth? Want to live the life you deserve? Save more money! Start valuing yourself first. Start loving yourself first. YOU ARE WORTH IT MY LOVE – YOU ARE!

If you are serious about taking your money to the next level or want to know more about

my online course, Wealth Spa™ or my book, please email me at lisa@ellementsgroup.com!

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