Looking After Your Money Is Self Care! - Kinging Queen (2024)

Sure, taking care of your mind, body, and spirit is essential. But so is making sure that your finances are in shape too. That is why looking after your money is self-care!

Making sure your money is in good order will mean that if anything happens you are covered, you can buy a house, take a holiday, get your nails done – pay those bills.

Plus, money can be a massive source of stress, imagine the stress being eased. So let’s take a look at how to kick your finances into shape.

Looking After Your Money Is Self Care! - Kinging Queen (1)

Looking After Your Money Is Self Care

Yes, I know the concept may sound bizarre but think about it. Looking after your money is self care. While practicing self care, managing your finances should be at the top of your self care to do list. Every other aspect of your life (career, personal growth, health, daily living, etcetera) depend on your ability to effectively manage your money.

This is why looking after your money should be of paramount importance to you.

Here are some things you should consider doing as regards looking after your money.

Mop Up Mess

When you decide to jump into financial self-care, you are probably going to be dealing with a mess.

This can be tough because often we have made some money mistakes and make us feel
ashamed. So it is time to give yourself some radical self-love and self- compassion and let those mistakes go.

You are here to take care of you. Go through every place you have cash, or that have financial transactions and move the money into a central place.

You probably have some paperwork around your home, too, check it, and either file it or shred it. You probably don’t need it if you have hidden it in a drawer for months.

Here some things you can invest your money in to avoid money mistakes

Deeper

Okay, so you have to go deeper now. You need to look at where your money is going. Is it going to things like savings? Or is it going on impulse purchases?

You need to set up some plans for yourself going forward:

● Savings – how much have you been saving? If it is nothing, then now is the time to start.
If you have been saving up, congratulate yourself, and keep going. Set goals. And
visualize how good it is going to feel when you reach them.

● Debts – if you have debts, you are going to have to make sure you are paying them
down. No matter how scary it feels, call the companies, and make a payment plan. The
sooner you deal with it, the better.

● Retirement and beyond – how exactly are you going to take care of future you? You
should consider things like your retirement amount, the cost of funeral directors, and
retirement homes. It all needs to factor in. Plan well and run through a few different
scenarios.

Action

As soon as you have made your plans and set your goals, it is time to take action. You need to make sure that all of the goals you have set with regard to your finance are achievable.

Often when we say we want to save 600,000, we miss the steps in between like – save 600, save 3,000, save 30,000.

The smaller goals, the more achievable they are. Of course, they are stepping stones to your financial goals.

Related:

Accountability

Your financial self-care is going to make you feel good, as long as you remember that no one else is responsible for your financial wellness.

You have to hold yourself accountable, and that means celebrating your wins and tackling your money with confidence.

I believe you do understand now, that looking after your money is self-care too! You know I love hearing from you all. Meet me in the comments section and let’s chat about this!

Conclusion on Looking After Your Money Is Self Care

Your finance plays a massive role in your life. As a matter of fact, it the determinant of how every other aspect of your life will be like so looking after your money is self care too and it is something you should definitely start doing if you aren’t already.

Looking after your money is self care. Let that sink into your pores. Start taking care of your finances beginning today so you can have a full grasp of your personal growth and development.

If you found this helpful, don’t forget to share and do leave your thoughts about this in the comments below. Would love to hear what you think about looking after your money as a form of self care!

Kinging Queen

Looking After Your Money Is Self Care! - Kinging Queen (2)

Jennifer Pompaski

Hi, my name is Jennifer. I am an Engineer by day and a blogger 24/7. I am passionate about Self Improvement & Productivity and this blog is dedicated to that passion! I hope you find it worthwhile each time you visit! If you do find anything helpful on here, kindly share because sharing is caring!

Find me on: Web | Twitter | Instagram | Facebook

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Looking After Your Money Is Self Care! - Kinging Queen (2024)

FAQs

What does it mean to take care of yourself financially? ›

Financial self-care is a concept that focuses on mindfully managing your finances and nurturing your relationship with money. It's not just about responsible decision-making, however; it's about making intentional financial choices that reflect your personal values and life goals.

What is an example of financial self-care? ›

A simple way to practice financial self-care is by scheduling a money date. Choose one day periodically (once a month often works well) and commit to it by plugging it into your calendar. If you share finances with a partner, involve them in the money date as well.

How do you take care of yourself with little money? ›

How to Practice Self-Care on a Budget
  1. Tip #1: Get outside. ...
  2. Tip #2: Take a bath. ...
  3. Tip #3: Stay hydrated. ...
  4. Tip #4: Get some sleep. ...
  5. Tip #5: Stretch. ...
  6. Tip #6: Read more. ...
  7. Tip #7: Say no. ...
  8. Tip #8: Declutter your space.

How much money do you need to take care of yourself? ›

Self-care should take up much less than that — about 5 percent of your budget, maximum. What's most important is to make sure that your self-care habits aren't having a negative effect on your finances.

What does the Bible say about taking care of yourself financially? ›

The Bible talks about the importance of saving in Proverbs 21:20 (NIV84), which says, “In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.”

Why is it important to take care of your money? ›

The bottom line, savings and sound investments give us more time and protection to enjoy life. 3. Reduced Stress: I have often heard that financial stress can significantly impact your mental health, and by taking care of your money, you can reduce stress levels and lead a peaceful life.

How do you manage your money when you are poor? ›

Budgeting When You're Broke
  1. Avoid Immediate Disasters. ...
  2. Review Credit Card Payments and Due Dates. ...
  3. Prioritizing Bills. ...
  4. Ignore the 10% Savings Rule, For Now. ...
  5. Review Your Past Month's Spending. ...
  6. Negotiate Credit Card Interest Rates. ...
  7. Eliminate Unnecessary Expenses. ...
  8. Journal New Budget for One Month.

How can I spend money without worrying? ›

How to stop worrying about money and start living
  1. Get grounded: Practice relaxing breathing exercises and meditation. ...
  2. Create financial goals: Set clear, achievable objectives. ...
  3. Make a budget: Track finances and control spending. ...
  4. Schedule money check-ins: Regularly review your financial situation.
Mar 12, 2024

How do you survive on your own financially? ›

Use the 50/30/20 rule.

The benefit of this budget method is its simplicity. You take your after tax income and divide it into three categories—50% to needs 30% to wants, and 20% to long-term savings. Put an emphasis on achieving your independence and reaching your long-term goals by using the 50/30/20 rule.

How to take care of money? ›

7 Money Management Tips to Improve Your Finances
  1. Track your spending to improve your finances. ...
  2. Create a realistic monthly budget. ...
  3. Build up your savings—even if it takes time. ...
  4. Pay your bills on time every month. ...
  5. Cut back on recurring charges. ...
  6. Save up cash to afford big purchases. ...
  7. Start an investment strategy.
Jun 27, 2023

How should I spend money on myself? ›

Let's explore why self-investment is a worthy investment.
  1. Keep a Promise to Yourself. ...
  2. Prioritize Self-Care Over Life's Demands. ...
  3. Create Something to Look Forward To. ...
  4. Personal Growth. ...
  5. Show Yourself the Same Kind of Love You Show Others. ...
  6. Make Memories That Bring You Joy and a Boost of Confidence. ...
  7. Inspire Others.
Nov 21, 2023

What does support myself financially mean? ›

earning or having enough money to pay for your activities without receiving financial help from other people: The vast majority of students here are self-supporting. See also. self-financing. Rich and wealthy.

What is it called when someone takes care of you financially? ›

Taking care of someone else's money-related matters — whether it's as simple as paying a few bills or as formal as getting a Financial Power of Attorney — is called financial caregiving.

How to take care of yourself financially as a woman? ›

By setting clear goals, building an emergency fund, paying off high-interest debt, securing insurance and investing for the future, women can take charge of their financial well-being. Remember, it's never too early or too late to start planning for your financial future.

How do I help myself financially? ›

7 Money Management Tips to Improve Your Finances
  1. Track your spending to improve your finances. ...
  2. Create a realistic monthly budget. ...
  3. Build up your savings—even if it takes time. ...
  4. Pay your bills on time every month. ...
  5. Cut back on recurring charges. ...
  6. Save up cash to afford big purchases. ...
  7. Start an investment strategy.
Jun 27, 2023

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