5 ways to maximise your financial confidence

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Maximising financial confidence is not something many of us think about, yet it’s such an important topic. Financial confidence impacts the choices you make every day. Your core beliefs about money, spending, finances, savings and debt are all tied up in your financial confidence. The most recent Women Empowered retreat “Framing My Future” reflected on financial confidence and resulted in some amazing insights, affirmations and commitments by the women who gathered together.

Financial confidence and stress is often a silent and limiting roadblock that many women experience, and what’s more, many women are not even aware of its presence or its power. By digging down a bit and shining a spotlight on it, you can identify if financial confidence is a roadblock for you too. Then, you can choose what you’d like to do about it. You have the power within you to create a powerful mindset that will guide you past all sorts of roadblocks and light up the pathway to your future.

Here are five key ways to maximise your financial confidence!

1. Identify a financial goal

best things in life start with a dreamDo you have financial goals (or other goals), perhaps some goals for yourself, and others you share with another person?

How do you actively contribute to your goals?

What actions do you take or habits do you have that move you closer to your goals?

What actions do you take or habits do you have that keep you distanced from your goals?

2. Use your voice to communicate about finances

Do you use your voice in relation to money?

What words or phrases do you use in relation to money?

Where do you use these words and phrases? With whom?

Where or how did you learn these words and phrases?

How do these words and phrases contribute to your confidence (or lack of it) with money?

How do you value your own worth and how do you communicate this?

3. Identify your family financial patterns

Is this something I have control over?How did your family of origin handle money issues?

Were financial issues spoken about openly?

What roles did your parents and others have in relation to money when you were growing up?

What feelings come up for you when you think about money and spending?

What skills, attitudes and patterns did you learn from your family?

Are there any patterns you would like to break free from?

4. Understand how your brain and budgeting work together

Do you budget? Do you know how to budget? Do you want to know how to budget?

Do you know where your money goes? Where are the leaks in your budget?

Do you check statements for fraud or unexplained expenses?

Is there a pattern to your spending, eg pre-menstrual or other patterns? And how do you feel when you are in the process of spending?

Spending money can stimulate dopamine, a bioi-chemical produced in our brains that make us feel good. It can keep us spending even if we haven’t budgeted for it.

What other activities give you a hit of dopamine while you stay in control and without sabotaging your budget or goals? Eg crossing tasks off a to-do list, doing something that gives you a sense of achievement, trying something new.

5. What is your earning potential?

How do you feel about your job or role?What's my plan of action to deal with this issue?

How do you feel about how much you are earning?

How much would you like to be earning?

What limits your earnings?

Which of your inner beliefs limits what you think you are capable of, or capable of earning?

Can you identify a new goal for yourself that challenges these limits?

Let's sum up!

Financial confidence is not set in stone. It’s something we can work on in the same way we can extend our knowledge and the other skills we have. Financial confidence is just one of the many contributors to our overall confidence that is shaped by our inner beliefs and perpetuated by our habits and actions. Do your mental health and sense of wellness a favour by gently challenging your financial confidence – let me know how you go!

DNA Insight LogoDonna Neale-Arnold was my co-facilitator and special advisor at our recent retreat. She shared her warm, caring and holistic approach to financial management through a series of reflections interwoven with journalling and creative activities. Donna’s rich experience has developed through working in the banking sector as well as in community services as a financial counsellor and in the health sector with her homeopathy and holistic counselling practice DNA Insight at Red Rose Healing Centre in Warwick QLD.

Discovering mountain biking as life’s ultimate parallel universe in her middle age, Daisy Spoke aka Kathryn Walton logoKathryn Walton shares information and reflections in Daisy Spoke that connect, inspire and self-empower women to make healthy choices for themselves. She integrates her love of physical exercise, family, nature, gardening and creative arts with her professional background in mental health social work to facilitate change with individuals, groups and communities of women who are committed to living life to the full.

Women Empowered: Framing My Future with Financial Confidence

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Have you booked for the evening of retreat “Women Empowered: Framing My Future” coming up on Wednesday 21st March 2018 in Warwick, Queensland? It’s going to be an absolute delight to welcome you along! The Women Empowered retreats have been very popular in past years, and to keep up with changing times I’m offering this retreat in the evening instead of during the day. I’m keen to see how that suits everyone and whether this is a format you’d like repeated in future. I’m also keen to tell you a bit more about what to expect when you come along to “Framing My Future”.

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Dream Big!

There’s no shortage of media images these days prompting women to dream and achieve Dream Biganything they want. It’s a message that’s intended to be encouraging by chipping away at the gender stereotypes our society has constructed over many generations. For so many reasons we know that women can, and do, achieve amazing things in our world. There are many wonderful role models who inspire and propel us towards our own version of success.

Obstacles lurking beneath the surface

Yet beneath it all continues to lurk a tangle of obstacles, deeply rooted and barely visible to the eye until we dig down through the layers, bringing them into the light of day. Thus begins the process of empowering women to not only take charge of their dreams, but to have the skills to manage the obstacles along the way.

The voices in our heads

I’m a big fan of dreams (and I do a lot of dreaming!) and I’ve often written and spoken about goal-setting previously. When used appropriately, dreaming and goal-setting is very powerful. It brings us to a position of being future focused. Sure, not everyone is comfortable with this. Human brains are preset to focus on problems (that’s how humans have survived for so long!), and so our angst rises with every thought of following a dream. The barriers, the obstacles, the hurdles, the roadblocks – call them what you willthey generally get in the way preventing us from following through with actions, and even from getting started in the first place. They wield their power not so much through their actual ‘being’, but through the unseen voices in our heads telling us we can’t do it, it won’t work, we’re not good enough, and we’ll fail if we try.

Don't believe everything you thinkSounding familiar? The thing is we often don’t even realise it’s happening, and when we do notice it, we keep it to ourselves because we think we’re the only ones. But have I got news for you! All of us have those critical voices. YES! All of us! They’re the voices of self-doubt, fear, hopelessness and pessimism. They keep us small when we need to be big. And the way to deal with them is to bring them out into the open. Straight away their power begins to diminish.

Read more about the voices in my head here!

Financial confidence is an obstacle

Two of the hidden obstacles that frequently impact women are financial confidence and emotional confidence. These are the key themes at my next retreat “Framing my Future”. We’re going to dig them up and shine a light on them. We’ll bring them to the surface and get to know them a little better. We’ll scratch away and see what they’re made of. And we’ll use them to propel ourselves forwards towards our hopes and dreams for the future instead of allowing them to trip us up and keep us where we are.

Create a powerful mindset for your future!

Well actually, yes I can!The beauty of the process is that you don’t have to even have any real idea of where you want your future to be heading in order to benefit from this retreat. You’ll leave with the skills to create a powerful mindset to identify, challenge and manage your financial and emotional confidence no matter what path you take.

Retreat activities

I’m truly excited to be a part of this unique retreat! I believe when women gather together in groups with openness, warm-heartedness and shared intentions, that’s when magic happens! So I hope you’ll join us for this exquisite evening. Donna Neale-Arnold will be my co-facilitator. Donna brings a warm, caring and holistic approach to her financial therapy and homeopathy practices. She has a rich experience having worked in the corporate sector as well as community services and the health sector for many years.

Donna and I will guide you through a series of personal reflections followed by simple yet Creative Artspowerful creative activities. The gentle pace will support you to make valuable connections with your own beliefs and actions around financial confidence. You’ll identify the mindset you need to bolster your financial and emotional confidence, and to frame the future you choose. You will be provided with a light meal, delightful company and a gorgeous keepsake to take home with you that will frame your future perfectly.

Bonuses!

CD Give-awayWe will be giving away some special bonuses and door prizes at the retreat including beautiful journals, meditation cushions, carry bags, a Tony O’Connor CD of relaxation music, and more – fabulous gifts to support your self-care and progression!

Bookings are essential

Bookings are essential and limited spaces are available. It’s more fun with a friend or two (or more) so we are offering discounts when you book multiple tickets at the same time.

Here’s the deal: 3 hours of guided reflective retreat with two experienced facilitators, a light meal, all materials, a take home keepsake, a nurturing atmosphere to support your financial and emotional confidence, and opportunities to leave with a special bonus door prize.

Your investment: 

  • Single ticket: $55
  • Double ticket: $100
  • Triple ticket: $140

To book, click here

For more information view the Facebook Event here

If you have questions, email Kathryn here

Discovering mountain biking as life’s ultimate parallel universe in her middle age, Daisy Spoke aka Kathryn Walton logoKathryn Walton shares information and reflections in Daisy Spoke that connect, inspire and self-empower women to make healthy choices for themselves. She integrates her love of physical exercise, family, nature, gardening and creative arts with her professional background in mental health social work to facilitate change with individuals, groups and communities of women who are committed to living life to the full.

3 Things I Wish I’d Known When I Was Younger

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Do you know what drives me to do the work I do with groups of women and health professionals? It’s the fact that there are so many things I wish I’d known when I was younger – things that could have made a difference to my life and to my happiness if I’d known about them, made sense of them, and felt confident implementing them in my own life.

Being stuck in anxiety, sadness or anger stops many people from living truly satisfying and fulfilling lives. With many years of working in the mental health industry as well my own personal experiences, I feel an unstoppable drive to keep moving forwards, to keep expanding my reach to build up people’s knowledge and skills, to make a difference in the world with as many people as I can. My mission is to share information and inspiration that empowers women towards a genuine and deep sense of wellness. And by doing this the ripple effect will have an even greater impact.

Wild yellow flowers

Today I’m sharing with you 3 things I wish I’d known when I was younger.

1. Exercise is the only magic pill

KW MTB selfieDaily exercise and general physical activity are crucial elements of feeling good. Just as some people might need to diligently take medication every day, I need to exercise every day. Exercise is nature’s way of stimulating the hormones which aid concentration, problem-solving, sleep, digestion, and mood. This daily dose of exercise rebalances our body’s systems resulting in wide-ranging benefits that no single medication can provide. The research is absolutely clear that regular medium to high intensity exercise can have a profound effect on health AND happiness.

What types of physical activity and exercise do you prefer? I’ve always loved bushwalking, and in more recent years I’ve become really enthusiastic about mountain biking. I call mountain biking my ‘parallel universe’ because it not only provides me with a very regular dose of fun exercise, family time and social interaction, but I’ve also learned the most amazing life lessons from it including managing fears, growing resilience, and developing mindfulness.

2. Get sleep savvy

Awake owl
Credit: source unknown

Sleep is vital for optimal brain function including mood management. Quality sleep restores the mind and body. It improves concentration, problem-solving, reaction time, capacity to think clearly, organise ourselves, plan, learn … and the list just goes on. But getting a good sleep is easier said than done for some of us. There are many skills to getting a good sleep and there are many things you can control when you understand how sleep works. So, the lesson here is to educate yourself about sleep – sleep cycles, circadian rhythms, body clocks, and sleep hygiene. The most common helpful strategies include exercise (especially in the morning), exposure to early morning light (this resets the body clock so you start to feel sleepy in the evening), reduce caffeine (especially in the afternoon) and learn relaxation and stress management skills. Another vital strategy here is to learn about AND practice mindfulness – every day (not just when you have trouble sleeping). Which leads straight into my 3rd tip!

3. Mind your mind

Don't believe everything you thinkMinds are such complex things! They wield a lot of power over our emotions and our actions (including sleep). But unless you notice what’s going on in your mind, and choose how much power to give it, your thoughts, assumptions and beliefs will control you instead of the other way around. The habit of being hooked by thoughts or strongly attached to them is limiting and anxiety-provoking. The key here is to begin by simply noticing what is happening in your mind, and by doing this with curiosity and without judgement. The power is in the noticing. You’ll collect all sorts of interesting bits of information about how your mind works, what thinking patterns it gets locked into, what beliefs and assumptions are behind it all, and how all of this impacts your physiology, your behaviours and your emotions. One of my favourite sayings is “Don’t believe everything you think!” because we can learn to stand back, notice the thought and choose whether to believe it, or not.

Let's sum up!

So there you have it. The 3 key pieces of information I wish I’d known (and understood, and implemented) when I was younger!

1. Exercise is the only magic pill

2. Get sleep savvy

3. Mind your mind

Discovering mountain biking as life’s ultimate parallel universe in her middle age, Daisy Spoke aka Kathryn Walton logoKathryn Walton shares information and reflections in Daisy Spoke that connect, inspire and self-empower women to make healthy choices for themselves. She integrates her love of physical exercise, family, nature, gardening and creative arts with her professional background in mental health social work to facilitate change with individuals, groups and communities of women who are committed to living life to the full.

Make it Happen! Actions to take you from surviving to thriving

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From thriving to surviving and back again

For most of my life I’ve enjoyed the challenge of setting goals and making them happen. I’ve learned that the actions I choose can take me from surviving to thriving. I love to have a go at something new, especially adventurous activities. For a few years this seemed to slow down a bit. Perhaps it was my added commitment to my young family, our relocation to a rural area, or maybe even a simple ‘rut’ I got myself into. When life was more about surviving the usual (and not so usual) childhood illnesses, school assignments, getting the bills paid, and retrenchments, I often felt a long way from thriving.

Maybe it was my approaching middle age that brought along a renewed urge to live life as fully as possible. I know that I function at my best when I have a goal to aim for, and so when I began to focus on this aspect of myself again, I rediscovered my passion for adventure. Here I will share with you the actions that took me from surviving to thriving – you can do it too!

Goal-setting and problem-solving are key skills to success

The skills of setting goals and creatively problem-solving are key factors to success. Success doesn’t just happen. You have to create it, to action it, and to problem-solve it. It doesn’t always come easily, and we often shy away from the actions we need to take. We secretly keep our inner dreams to ourselves out of fear of failure.

Get your goal out there!

best things in life start with a dreamI’m sharing with you one of my goals that I’ve had floating about in my head for a long time. Putting it out there in the public arena is definitely not easy. I have a lot of doubts about whether I’ll succeed, but if I keep suppressing my dream, there won’t be any chance of success.  

Getting clear on my goal

I’m using the post 9 Steps to Achieving Your Dreams and Goals to help me get clear on just what it is I want to achieve, and why. This clarity will give me direction and motivation.

STEP 1 – IDENTIFY AN AREA FOR CHANGE

I want my life to be filled with adventurous activities instead of ho-hum routine.

STEP 2 – STAY FOCUSED ON THE CHANGE, DON’T BE DISTRACTED BY PROBLEMATIC THOUGHTS

There are plenty of problems associated with spending more time in adventurous activities. But when I’ve overcome them I’ll be living the life I want – full of activity, travel, inspiration, energy, feeling great! I’ll focus my attention on how I want it to be instead of what the problems are.

STEP 3 – SELECT YOUR SMART GOAL

I WILL GO ON AN OVERNIGHT HIKE  – something I haven’t done before!

Is it specific? YesAre my expectations realistic?

Is it measurable? Yes

Is it achievable? Yes, I’m comfortable and competent with bushwalking and camping, so the new challenge combines this with carrying my supplies.

Is it realistic? Yes, I’m reasonably fit, healthy, strong, sensible and organised. I’ll research and access resources and networks, borrow or buy equipment that I need.

Does it have a timeframe? I’ll avoid extreme weather conditions and give myself enough lead-in time to gather and test out equipment, do my research, and train to carry the weight of my pack. Spring will be an ideal season and I can select a date closer to the time based on weather and what suits my fellow hiker/s.

STEP 4 – WRITE IT DOWN!

Yep – here it is! In the public arena too! (Talk about pressure now!) But you don’t have to go public with your goal. There’s power in simply writing it down for your own reference.

STEP 5 – KNOW YOUR WHY! COMMITMENT NOT MOTIVATION!

I want to challenge the fears that limit me. I want to connect more closely with nature and discover my part in the world, learn to trust myself and stretch my limits, tap into my inner strength, develop self-reliance, and I want to finally use the backpack I bought years ago! When I feel unmotivated, I can look back at my “why” and stay committed to my goal.

STEP 6 – BREAK IT DOWN into steps
  • Research places, people, information, equipment
  • Talk to others who might like to share the adventure with me
  • Identify and collect equipment 
  • Trial various hiking foods and equipment
  • Go on training hikes with increasing distance and weight in back pack
  • Select a date (and a couple of back-up dates in case of adverse weather, sickness etc) and book campsites if necessary
STEP 7 – STEP INTO YOUR GOAL

I’ll take each step one at a time and gradually work my way towards an overnight hike.

STEP 8 – CREATIVELY PROBLEM-SOLVE ISSUES THAT ARISE

There are some predictable problems, and other new ones might arise. But I won’t give up – I’ll use the Creative Problem-solving Train (keep reading).

With any obstacle quote

STEP 9 – REWARD YOURSELF!

External rewards can be a blast, but that feeling of success I’ll have when I’ve achieved this goal – yeah, that – that’ll be my reward 🙂

6 steps to smash my goal usingThe Problem-solving Train’

Before I even get started, I’m thinking of all the ways that I could fail! So here I’m using the Problem-solving Train to anticipate and manage the obstacles.

STEP 1 – Probable, possible and unlikely problems

Is it probable? Is it possible" Is it unlikely?Probable problems: no toilets or showers, snakes, sore back and shoulders

Possible problems: hot weather, cold weather, rain, leeches, bush ticks, insufficient drinking water, equipment too heavy or too expensive, no child care, fire danger

Unlikely problems: I might be miserable, difficulty finding a suitable hiking buddy, sickness

STEP 2- choose one probable problem and brainstorm solutions

Probable problem #1: No toilets or showers

Brainstormed solutions: Hike near, and camp overnight at a site with facilities, read about and listen to podcasts about bush toilet hygiene, read stories of overnight hikers, hold on and avoid toileting as much as possible,  take a porta-loo, find out about toileting aids for bushwalkers, have a wash down or swim instead of a shower, avoid extremely hot weather, talk to experienced hikers about bush hygiene, remind myself that if others can do it so can I, think about how clean I’ll feel when I get to shower afterwards – WOW! There sure is a lot of possibilities here!

STEP 3 – pros and cons

Most of my brainstormed solutions are quite useful and viable, although I don’t think I’ll take a porta-loo (too heavy, smelly, awkward, embarrassing) and I don’t think it’s a good idea to avoid toileting (hmmm, that could be uncomfortable and bring on health problems).

STEP 4THE BEST OPTION/S

I think it’s best to deal with this problem from multiple angles so I’m going to include several action-based and mind-based strategies in my Plan of Action to deal with this problem.

STEP 5 – PLAN OF ACTION

What's my plan of action to deal with this issue?Choose a route and campsite for my first overnight hike that has facilities

Read about and listen to podcasts about bush toilet hygiene – this could come in handy someday even if I don’t need it this time!

Talk to experienced hikers about my plans including managing bush hygiene

Read stories written by overnight hikers

Find out about lightweight toileting aids for bushwalkers

Remind myself that if others can do it, so can I!

STEP 6 – REVIEW

Once I’ve actioned my plan I can review it, even before I go on my first overnight hike. Am IWell actually, yes I can! feeling more comfortable about the issue of toileting and showering on my overnight hike? Are there any new problems I need to address? I can go back to my other brainstormed solutions, or come up with new ones. I can flex my plans to help me achieve my goal instead of simply giving up. I can push through the discomfort of the plan not working out perfectly, and tap into my determined attitude to succeed.

Keep on solving!

Once I’ve got my plans in place for all the probable and possible problems I’ve identified, it’s full steam ahead. I’m already most of the way there! It’s in this phase of identifying and then creatively solving the problems that most people get stuck. It’s this process that makes the difference on the road to success. And for me personally, it’s an exciting ride moving from surviving to thriving, making my goal of living an adventurous life a reality instead of leaving it as a whimsical dream. Stay tuned for future updates as I smash this goal!

SMART Goals WorksheetFREE GIFT! To help you clarify and action YOUR goal (whether it’s big or small or anywhere in between), download your FREE printable Create Success With SMART Goals. This handy worksheet will step you through a simplified process to identify your S.M.A.R.T. goal, your “why”, the steps you need to take to achieve your goal, any problems that might get in the way of success, and creative solutions that will propel you towards success.

Click here to download your FREE printable “Create Success With SMART Goals” from the RESOURCES tab on my website, and check out the other printables and resources while you’re there!

Discovering mountain biking as life’s ultimate parallel universe in her middle age, Daisy Spoke aka Kathryn Walton logoKathryn Walton shares information and reflections in Daisy Spoke that connect, inspire and self-empower women to make healthy choices for themselves. She integrates her love of physical exercise, family, nature, gardening and creative arts with her professional background in mental health social work to facilitate change with individuals, groups and communities of women who are committed to living life to the full.