Think Of Myself As Being Financially Literate


I guess financial literacy is what freedom feels like

Hard-core, No emotion, Factual Financial Literacy

  • I spend less than I earn.
  • I save before I spend (pay myself first)
  • I understand the difference between an asset and a liability.
  • I understand the difference between good debt and bad debt.
  • I know everything there is to know about mortgages.
  • I control what is going on in my bank accounts.
  • I manage my credit card like a lioness.
  • I understand Passive Income.
  • I understand what I will need for retirement and put a plan in place to make sure it happens.
  • I understand investing.
  • I understand compound interest.
  • I understand loans, interest rates and inflation.
  • I have the ability to make informed financial decisions.
  • I know what financial questions to ask.
  • I ‘see’ financial and business opportunities that I wouldn’t see if I wasn’t financially literate.
  • I don’t let debt bury me.

Spiritual and Emotional Financial Literacy

  • I acknowledge and explore deeply, my emotional and spiritual relationship with money.
  • I have no desire to ‘Keep Up With The Joneses’
  • I understand my spending habits on an emotional level.
  • I realise that the only person I am lying to about my financial situation and habits is me.
  • I understand that money is an idea. It is an agreed value exchange system.
  • I practice giving and receiving.

Whatever I am doing, It’s all ok – I don’t have to feel guilty!