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How often do you actually check on your money? And when you check on your money what do you do?
I have a personal routine where I do this weekly and also monthly. And there is no better time than now to start. I also check in on my money every day just to make sure nothing actually happens in my accounts that I wasn't expecting, checking in on your money weekly is much more advisable.
I consider checking on my money to be:
Since I do this check pretty much daily, it only takes me a few minutes to do this. It may take a little longer when you do it once a week. But I have come across so many people that don't even check on their money at all.
Checking on your money is one thing, the other more important part is doing the reflection. And I'll be honest, doing these reflections isn't something that I used to do regularly. When I started to do them regularly, my money situations started to change even more because I was actually looking at what happened with my money over the past week and the past month.
Feel free to use any, all or none of these questions in your weekly reflection. Maybe you already have questions that you enjoy reflecting on with your money. But when you do these reflections on a week by week basis, you'll notice how things with your money start to change. Some of the habits that you had with money will start to change as well because now you are paying more attention to what is happening with your money. That is how it has worked for me and all of the clients that I have worked with as well.
It's not always easy to create a new habit. And it also not always easy to face your money. But the more often you do this, it ends up getting easier to face the truths around your money and in the end, actually make some changes too.
Again, feel free to use any, all or none of these questions for your monthly reflection.
But by doing these reflections and checking in with your money, you'll notice your patterns and you'll see what your habits with money are. And by noticing and seeing these, you'll be able to make a change in your life, and more importantly change your financial habits. Most of the time, we can't make a change with our money because we don't even know what we are changing, except for the fact that we want to have more money in our lives.
Also, keep in mind that putting money into your savings accounts counts as a form of spending money (at least in my book it does). By putting money into savings, you are putting it into another account than your normal checking account, so it is no longer available for spending.
So tell me, do you check in on your money? Do you reflect on the past week or month with your money? Or is this something that you are going to start doing now? Tell me in the comments below what you do each month to know if you are on the right track or not.
Clarissa Wilson is a financial strategist and online educator who holds two master’s degrees in Forensic Accounting. Also creative and spiritual, she is an intuitive empath and introvert. Clarissa is the host of The Prosper + Profit Podcast, where money conversations occur on a daily basis -- as she believes that money shouldn’t be a taboo subject. After growing up on a dairy farmand learning to work hard for money, Clarissa awakened to a path that allowed wealth to flow easily to her. Clarissa currently lives in Pennsylvania with her two cats.
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