Having a financial vision board has helped me stay focus on my long-term financial goals. As part of the My Financial Comeback series, I’m sharing how my net worth has grown five times when I first started this journey. It wasn’t easy. It took a lot of discipline, self-control, and a vision to get to where I am today.
For the third installment of this series, I’m sharing my financial vision board that both hubby and I had put together almost 10 years ago. We knew where we wanted to go but to execute the goals we had to put together a plan to achieve them. A vision board was part of that plan.
The above picture is similar to the vision board we created 10 years ago. We wanted to move to NYC with a low mortgage, be debt free, accumulate more rental properties, healthy emergency funds, solid retirement funds, and be able to travel without going broke. Every item on that board manifested with the exceptions of the NYC goal. As mentioned previously our financial trajectory took a different turn once we had the twins. We bought a house in Los Angeles instead so that we could be closer to my family for babysitting help.
So if you have some financial goals that you would like to achieve I would highly recommend creating a financial vision board. The first thing you will need to do is write down some realistic goals you want to achieve. For each goal you have written down, categorize and have some visual that represents the goal. You can do this in any way shape or form from hand drawing the images, or cut them from magazines. Then hang the board somewhere you’ll see it every day.
Dom’t feel overwhelmed. You can choose one goal to focus for each year and start to make your finances reflect that goal. Then find creative ways to fit it into your budget. For me, it was my spending mantra, which I will share in the next upcoming post.
