What Could Your Money Become?
You may be saving consistently without clearly seeing what your money could become.
I talk a lot about communication around money—patterns, partnership, and making those conversations easier. I also talk about managing money in a way that reduces stress.
But I don’t talk as often about building wealth.
Yet it’s an important part of what we’re doing with our money.
Once the patterns get healthier, talks are going better, you understand what’s happening with your money, and the systems are supporting it... you can finally look up. You can see what’s ahead and ask this:
What could our money actually become?
Most of us know whether we’re saving or not. Money might be moving automatically into a retirement account. You might be saving for short- or mid-term goals, or building a good emergency fund. You might even be investing some extra dollars. And maybe you have equity in your home.
All of that is great, and it matters. But do you see clearly how it’s working for you? What will it become if you continue doing exactly what you’re doing now?
Because it’s possible to save consistently, even automatically, and still have very little idea where it’s taking you... or whether it will get you where you want to go.
Will it create the future security you’re hoping for? Is it actually more than you realize? Or is there a gap that needs attention while you still have plenty of time to address it?
This is where seeing clearly can be so helpful.
You might discover that increasing a retirement contribution by a few percentage points could make a real difference over time. Or that making better investment choices could create more growth. Or... that getting rid of some debt could create the margin you wish you had.
These changes can be hard, though. If there’s been “lifestyle creep,” those expenses quickly get baked in and start to pose as needs. And when that creep reaches critical mass, something else has to shrink to make room for building wealth. Before you know it, there’s very little left to build with.
Is this possibly a blind spot for you?
I’ll pick up this conversation again next week. But in the meantime, if you’d like to look through some of the possible blind spots in your money world, you can download my free resource here.
Talk soon,
Dee
