Step Four – Live an Abundant Life
Abundance is all about having a plentiful supply of the things that you need. In the case of finances, abundance is having enough money to do what you need to do for your family and the people around you. To have abundance you have to learn how to say no and learn to put abundance before desire.
1. Saving money for a rainy day (or for that big purchase you need to make in a year) will require saying no to the little things. Instead of eating out, take the extra 20 minutes to cook come spaghetti. Instead of getting you nails done once a week, do it yourself. Instead of paying to have the car washed, wash it yourself (or let it be a job for the kids). You have to say no to the little expenses.
2. It is important that one of the first checks you right out each week (or month) is to the savings account. You will not get in the habit of saving money until you make it a priority. Pay yourself first (and make that payment an important aspect of your budget).
3. Walk away – for at least one full day. Put a 24 hour waiting period on all purchases (aside from necessities like gas or groceries). It is likely that you will find that you can live without it after all. Waiting will not only make you less likely to spend, but it will also make you more appreciative if you do spend.
Creating abundance in your life is as much about priorities as it is income. If you can say no to the little expenses, make a habit of saving money and learn to wait before you make any purchases you are likely to find that you have a nice little bit of abundance saved up in no time.