As we all know that this is April 2023 and this means that it is the beginning of a new financial year. So, it is important to discuss what steps or measures you are going to take this time in order to make this financial year a really good one.
Be it a job or a business, when it’s time for the beginning of a financial year, you need to plan out how you will be fulfilling your needs and what financial errands need to be run. To avoid last-minute hassles, it is essential that you begin reviewing your financial goals and assets and their related usage. You need to be able to prioritize your expenditures and for that, you must have some basics cleared in your mind.
Know the Amount You Require
The first step is to know how much money you need to live a fulfilling and phenomenal life. Start with all the mandatory financial responsibilities and gradually narrow down to the minor ones. You will be surprised to witness the amount that you calculated and this will aid in creating a financial plan for yourself. A number of people tend to ignore the strategies to streamline their expenses. You must take into consideration your recurring and upcoming expenses and you will be actually shocked to see the finalized amount. This is the amount that you can then ask from the universe now.
Ask with Clarity and Conviction
Many people talk about the power of mind and visualization and the law of attraction etc. But for all of that to work for you, you must have clarity on what to ask. In this financial year, you must have clarity on the fact that what are you exactly expecting and asking the universe. The universe is always listening and giving what you desire. What you need to do is simply ask, ‘Hey Angel, I require this much amount’ and the universe will not let you dwell on the ‘How’.
As you begin asking and trusting, you will soon start observing the results. You must not hesitate or shy from asking the universe what you have calculated and what you wish for. The quality of commitment to one’s ask is what plays a major role in carrying things forward. So, you must start taking into account the energies that guide you toward achieving your goal.
Dating with Money
Coming to the next step which again the majority of people do not pay attention to is writing your expenditures and revenues. If you do not write the incoming amount and the expenses, you may miss out on certain patterns of your financial reality. Once you begin keeping records, you will be able to analyze what areas you need to cut on or where the better investments are.
Most people resist looking into numbers and if this sounds like you then what you need to do is to transform your relationship with money. If you truly love money then accounting must feel like dating your lover. It would excite you to spend more time looking into the sheets (I mean the balance sheets, not the bed sheets 😉
Analyze your Numbers Monthly
Talking of step 4, involves analyzing what is being written. If you are doing it for the first time, it might even be surprising for you. For example, you may be surprised to see that you had been spending a great percentage of your income on junk food that hampers both your financial and physical health. Also, this lets you discover how you need to move forward sustainable financial reality.
You must begin writing and keeping a record of how and when the money is being spent. Writing the data will help you analyze better on your performance and set up the base for future targets. This will give you an insight into the pathway that you are required to follow to attain financial success. It will also help you know where you have to spend and sacrifice.
Educate yourself
The last and major step that needs to be kept in mind is to educate yourself financially. We often quit the learning processes after high school but that’s not what is going to help you with your finances. You need to understand that learning is an ongoing process. You can learn about financial planning through various online courses or other platforms where coaches provide you with all the data, information, and key skills.
Financial education is incredibly important to be received in modern times. It can be done through various platforms like online courses or social media handles. Financial education will help generate an understanding of how the cash flows in the market and what investments will help you achieve more growth in your niche. It empowers you for financial management, stability, and financial decision-making.
Conclusion
In the absence of financial literacy, the decisions and actions relating to savings and investments will be weak and might result in a downfall. With the new financial year taking a rise, do ensure that your financial interests and learnings take a new turn and help you succeed. Also, you may not realize but there are certain subconscious and unconscious blockages or wounds that don’t allow the flow of money to become smooth. But as you begin asking, trusting, and manifesting, it leads to changes in your thought process and initiates the healing process.
See you in the next blog.
Be Selfishq..
PS – You can check out my Exclusive video on 5 Steps to Take in New Financial Year, and also check out my youtube video on 10 books to alter your money reality.