Financial Selfcare
Just like looking after your own physical and mental wellbeing, financial self-care is all about cultivating the kind of good habits that help you achieve your financial goals. Whether you want to save money, budget smarter or manage your debts, financial self-care is a way of taking control.
Financial wellness is a state of being in which you can meet current and future financial obligations, feel secure in your financial future and make choices that let you enjoy life. Financial wellness can also reduce preoccupation with money needs and improve your mental and physical well-being.
How Membership Can Help
Body Fuel
Good body fuel is essential to financial selfcare as the nutrition aids in blood flow, cleansing of toxins and more. Ensure that your body is being fuelled with the correct nutrition with our membership.
Mind Fuel
Fuel for the mind includes the wellness space, connecting with us at events and on the platform and much more. Take the spiritual step today with our memberships. They are tailored to each lifestyle and the inclusions are wholesome.
Travel
Membership offers travel for the best prices. Don’t waste where you can save and then re-budget for experiences and activities. Let us provide the best options and process all for you.
events
Membership allows you to thrive in the best environments - placing you next to some giants and elephants in the room with amazing networking capabilities paired with movers and shakers that love to meet new people.
Financial Selfcare Examples
1. Reflect on your relationship with money.
2. Check your bank accounts regularly.
3. Track your income and expenses.
4.Create realistic goals on your road to financial freedom.
5. Increase your financial literacy and educate yourself on best practices.
6. Prioritise your debts.
7. Do an annual bills check-up once a year to reduce outgoings.
Top Tips & Tricks For Financial Selfcare
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Check your bank account balances. OK, yes, this can seem stressful. But is it more stressful than not checking your balances and letting ambient anxiety take over? We think not.
Look for trends in your spending last month. You might notice habits forming that you didn’t even notice and that don’t align with your core values in order to stay on track.
Find and cancel recurring charges for things you aren’t using. Cancel memberships that don’t pay for themselves as well as any outstanding subscriptions that are not in use.
Return and refund with confidence. Don’t let all those would-be online returns languish on that chair in your bedroom — put it on your to-do list and drop it off at the post office. Also, if you get charged for a recurring membership before you remember to cancel it, you can usually contact customer support and get the company to reverse the charge if you haven’t used it. It never hurts to ask.
Journal about how each of your financial goals connect to your core values. This can help, especially when your goals feel abstract or difficult, to focus and clarify your financial wellness practice and make choices easier in day-to-day life.
Say no to expenses that you don’t need or really want. Friends trying to get you to come out for drinks? Instagram ads hitting a little too close to home? That cash is taken — save it for the life you actually want.
Make an extra debt payment. There are a few strategies to paying off debts, but unless your debts come with extremely low interest rates, then paying more than the minimum payment due (when you can) will bring you that much closer to freedom.
Learn something new about money. This one pays “dividends” - as not only will you feel more confident in your own expertise, allowing you to better advocate for yourself. But, you’ll also be able to dunk on dudes at parties who try to mansplain cryptocurrency. Look into funds, stocks, bonds, index’s & more.
Shop for the best insurance rates. If you already have car insurance, life insurance, medical insurance, home insurance and/or pet insurance, it’s always smart to occasionally compare what you’re paying against current market rates.
Order take-away, food-in or eat-out. Too tired to cook? Need the incentive to work on a project after work? It’s OK to bribe yourself once in a while — especially if you know you can make up the expense elsewhere in your budget. Make sure the take-away is not too unhealthy and that it wont be an energy drainer.
Take a class for fun. Don’t let continuing education be only about getting ahead at work. Cooking, wheel-throwing, joinery, self-defence — trying something new (or levelling up on something you already know you love) will have the added bonus of protecting your time from overwork and the benefit of clairvoyance.
Ask someone at work (or in your industry) to do a salary comparison - its good to know.
Ask for a raise. Make a plan, ask for the meeting, rehearse your pitch. Make it happen!
Self-employed? Check up on your invoices. If you’re a freelancer or small business owner, take a few minutes to make sure you’ve invoiced for all the work you’ve done, and that none of them are outstanding. (If they are, follow up — and charge interest!)
Hire child care — as much or as little as you need (and can afford). Your kids are great, but they aren’t your only core value! Make time for yourself and your other goals.
Put aside the money you need for fixed expenses on payday, not as you go. Transfer it to another account that is separate and that you only use for those expenses. This will give you a better sense of what’s safe to spend going into the weekend.
Add £50 to your investment account. Future you can have the chance to earn a little capital gains, as a treat.
Open a banking account to save for a specific goal. Commit to a vacation. Plan for self-employment taxes. Start setting aside money for one thing and one thing only — and make sure it’s in an account you won’t see every day. Bonus: Factor in an extra £100 for some nice champagne or a treat when you hit your goal.