Financial Freedom Vision Board
Financial Freedom. What does it mean to you?
Living a luxurious lifestyle and having financial freedom is a goal shared by many people for a great reason. Financial freedom provides us with options in our lives. Money allows us to be masters of our own reality. It means more money on our terms!
If you are like us and share this goal, making a financial freedom vision board provides the perfect opportunity in achieving this goal and a great way to help you stay focused.
A vision board is a type of visualization tool that refers to any board that is used to create a collage of words and pictures that represent your goals and dreams. You can easily visualize your goals by putting visual representations of them in one place.
Let’s take a look at what financial freedom looks like:
Financial Freedom Steps
The ultimate goal is financial freedom. Financial freedom to us is zero debt and living a luxurious lifestyle on a budget. Sure, we will still have financial obligations with utilities, and normal everyday living but it will be on our terms. We are in more control of where our money goes instead of being financially constraint.
- Financial freedom is building up an emergency fund. Ideally, we recommend a savings of at least 3 to 6 months of your current salary. This will include paying off any credit card debt as well.
- Financial Freedom is accumulating enough money to be able to take some time away from working is a huge step in the right direction. In doing so, you are able to focus on your side hustle or projects. In light of recent events, if you need some time to readjust or refocus, you may want to save up for a sabbatical or extended vacation.
- Financial Freedom is having enough money to retire comfortably or retire early. What would you need to maintain your standard of living in retirement? Knowing you are on track to accumulate the right amount of money to support that lifestyle is a big win.
- Financial Freedom is having more than enough money in your lifetime. Your financial freedom plan will allow you to outlive your money. Having more money than you expected to spend is great. Building enough wealth so that you could not possibly spend all of it is a new level. Plus, that an amazing legacy to pass on to your family.
Setting goals when creating a Financial Freedom Vision Board
The best way to achieve your goals is to keep them top of mind, so you are always looking for ways to move closer to them – and a vision board is a perfect tool to help you do that. By putting a vision board somewhere, you can see it every day, you will prompt yourself to visualize your ideal life on a regular basis.
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Process for Making Empowering Financial Vision Boards
- Create a list of financial goals you would like to achieve in the next 6 months or year.
- Pictures are inspirational- Find pictures that represent your goals and inspire you.
- Motivational or Financial words that represent where you want to go and how you want to feel.
- Always review your financial vision board, make any changes you see fit.
This is what dreams are made of: an all-in-one vision board and supplies kit! The mirrored vision board kit is a chic and contemporary way to visualize your hopes and dreams. It includes everything you need to make a one-of-a-kind vision board that is tailored to your goals.
Designed to generate emotions of having achieved goals and stimulate your subconscious mind to start to work tirelessly towards those goals.
If your priorities shift or you achieve a goal, simply swap out images and quotes from the deck to create a new vision board—it’s that simple!
As time goes by, look at those images that represent your achievements. Achievement of the goals in your vision board is a powerful visual reminder of what you have already consciously and deliberately worked towards.
Your goals, ambitions, and dreams have probably already been achieved by someone else. And even if nobody has achieved your specific goal, the fundamental mindsets of success remain the same.
By listening, learning, and implementing advice from successful people, we put ourselves in the best position to achieve what we want. Keep going!
Why not make achieving your financial vision goals enjoyable by participating in the No Spend Challenge?
The goal of the no-spend challenge is to try not to spend any money for a set period of time. This works best for items such as food, clothing, and impulse purchases.
- You can participate in a variety of no-spend challenges, but it is entirely up to you which one you choose. We’ve compiled a list of a few:
- The No Spend Week Challenge focuses on making small changes to your lifestyle habits.
- The emphasis is on finding free activities to do with family or friends during the No Spend Weekend Challenge. There will also be no eating out, clubbing, or going to the movies.
- No Spend Month Challenge: Emphasizes needs over wants. It’s about breaking bad habits like impulse shopping and replacing them with cheaper (or free) activities over time.
Use these tips as motivation to keep moving towards your most important financial goals. The beauty of it is that you can put the work in once and reap the benefits over the long term. Tell me that doesn’t sound better than trading your time for money!
Who knows what the future holds and how close you are to your financial freedom. Let’s get started on our financial freedom vision board today.
These are our best financial freedom vision board tips. We hope you all enjoyed this post! We had a great time rounding up these inspirational tips for you, and now The Vision Board Party is on!
Did you find the strategies listed in this article helpful? What are some of your ideas? How have they worked for you? Let us know in the comments.
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Transforming your future and earning your financial freedom through the implementation of S.M.A.R.T (Specific, Measurable, Attainable, Realistic, and Timely) based goals. @budgetedlifestyles.com