Cultivating financial confidence: It’s easier than you think.
Money is something we interact withevery single day.
However, with intention, we can approach money with calmness and confidence.
Get clear on your beliefs about money.
We all have a different relationship with money, which likely started in childhood.
These are often referred to as “money scripts.”
Try this:Use your journal to map out your money beliefs.
Jot down the things you currently believe about money, and be honest with yourself!
If nothing comes to mind, try answering these exploratory prompts:
2.
Set sights on your financial goals.
Try this:Do some introspection and determine a goal that inspires you.
It can be bigger, like buying a house, or smaller, like a weekend getaway.
Write the goal down on paper (this is important!
), and then answer the following questions:
3.
Simplify your financial world.
Feeling confident about money means getting organized about money.
Simplify your finances by conducting all of your banking activity withonefinancial institution.
Plus, the more you do with Bank of America, the more you get rewarded.
Try this:Money is always in a state of flow, whether it’s coming or going.
Set boundaries that are aligned with your financial goals.
When it comes to money boundaries, there are two types.
“Setting boundaries doesn’t need to be difficult.
Store away a certain amount at the top of every month as if you’re paying a bill.
Decide how much money you’ll consciously spend moving forward, and challenge yourself to respect this boundary.
Reach out for expert advice and support.
Thankfully, financial confidence doesn’t require you to know everything about money.
“Taking control of your finances and creating an actionable plan can boost your financial confidence.”
Learn more and see important disclosures aboutPreferred Rewards, banking withBank of Americaand investing withMerrill.
