LIVE RICHER Challenge: Week One (Changing Your Money Mindset)

Week One of the LIVE RICHER Challenges was all about changing your money mindset.

The tasks included setting goals and denoting your needs, wants and loves. Those were my favorite of the daily tasks that week. Tiffany “The Budgetnista” Aliche said needs = purpose. and loves = passion.

Need it? > Love it? > Like it? > Want it?

“If you don’t need it, or love it, then you should leave it,” she wrote. “Spending money on likes or wants, means you’ll have less money for purchases that truly improve the quality of your life.”

She makes it sound so simple, right?

She prompted up to mentally list our needs. Then write down two loves and commit to them for the next six months. My loves — the things I would do if had Oprah’s bank account — travel, exercising and volunteering. Many of the women used the same list.

Spending money on likes or wants, means you’ll have less money for purchases that truly improve the quality of your life.

As part of committing myself to travel, I’ll complete my goal of renewing my passport. I’ll continue to exercise and volunteer to keep me physically and spiritually healthy. Things have recently ractheted up in both departments.

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