Wealth Building is the New Self Love

Many of us desire to live our best lives by maintaining beneficial relationships and being able to do the things that make us say “It’s a beautiful day”. However, on the journey to our goals, the daily challenges we face can make the goals we want to achieve and the standards we wish to maintain for ourselves seem far-fetched. While financial stability may be a goal, some people struggle because of the discipline and commitment required to build wealth, versus the appeal of short-term pleasures.

One way to create the motivation to do what it takes is to look at it as something you love. Taking the time to arrange your present and plan your future life, then seeing it through is a form of selfcare. Whether it’s cutting back on an expense now so you can pay yourself more in savings or doing your due diligence to determine your best investment options; you are creating a comfortable environment for yourself and a legacy for your family, and that’s something to get excited about. Here are a few ways we can love ourselves to Wealth:

Treat financial stability as a luxury you deserve –Just like a spa treatment, there are physiological and psychological benefits to be gained from achieving your wealth goals. Financial instability has been linked to chronic anxiety, sleep loss, muscle tension and the feeling of being overwhelmed. Financial stability, on the other hand, can bring security and peace of mind. Having more time for leisure and fun activities can also have a positive effect on well-being.

Do it for your best life – Get moving when you feel like procrastinating – Newton’s first law of motion tells us that a body at rest tends to stay at rest unless acted upon by an external force. It’s easy to succumb to the inertia of going through your everyday motions, but doing things differently is the only way to achieve different results. The moment you get your salary reminder, before you get into your month end cycle of bills, pause wherever you are and send the email to your advisor to set up your standing order, or go into your online banking and set it up right away. Pay yourself first, act quickly before you have time to debate and negotiate with yourself about it. Stop delaying and just do it.

Get an accountability partner – As they say, no man is an island. Having someone to discuss your progress with, who knows and supports your goals, increases your chances of success. Regular calls with your VM Wealth Advisor and your VM Pension Administrator can help keep you on track while you get the added benefit of expert advice.

Remind yourself that you deserve the best –Mantras, vision boards and affirmations on post-it notes are all great ways to do the same thing: keep your dreams top-of-mind. The trick is that they are constant visible reminders about the things you desire and have been shown to increase your chances of getting to your goals. These daily reminders motivate you by reminding you of why you’re developing the habits and making the adjustments today. They also function as a guiding star, keeping your destination in sight so you can make the right choices to keep moving in the same direction.

Recent global developments have emphasized the importance of financial planning as well as the significance of self-care. Keeping your goals in sight and doing what it takes to live as comfortably as you can today while working towards the tomorrow you want for yourself, and your loved ones is the best way we know to do both.