What I’m sharing with you today
Have this to incorporate smart financial planning and wealth allocation to the things that will most directly and immediately affect and improve your EXPERIENCE of life (this is part of experiencing TRUE abundance)
Step #1) Learn the art of grounded and connected “sufficiency”
Enoughness – satiation/satisfaction/sufficiency
Grounded satisfaction of desires and needs
Step #2) Get a baseline read of all your current lifestyle costs by track all your finances using Mint.com
financial tracking, get a baseline of what your expenses are now
Step 3) Create A Current & Ever-Evolving “Financial Standing” Document
My Financial Standing Document including the amount of cash on hand, account receivables, account payables or those noble gold investments that I have
I have a google doc that summarizes/categories all the various financial standings I have, cash on hand via mint.com which tracks 90%+, and then my accounts receivables and payables that I have documented
Step 4) Determine What Your Current Lifestyle Costs on a Monthly Basis
Write down 1 clear number, 4k/mo, 5k/mo, etc
Step 5) Determine What Your Minimum to Be Happy Lifestyle Would Look Like, and Include
Step 6) Begin The Process of Intentional Lifestyle Design
The 5 Different Levels of Intentional Lifestyle Design
- Minimum to Be Happy -> $6,500/mo
- Preferred if I could afford it (Level 1) – (w travel/workshops) – $8,000/mo
- Preferred if i could afford it (Level 2) – (w travel/workshops/PT personal assistant) -> $8,500/mo
- Preferred if i could afford it (Level 3) – (w travel/workshops/PT personal assistant+1.5k/mo put away for savings/investments) – $10,000/mo
- Preferred if I could afford it (Level 4) – (w travel/workshops/PT personal assistant, 1.5k/mo put away for savings/investments, and 2k/mo for personal and professional development via coaching/consulting (1k/mo for each) – $12,000/mo
- No limits dream lifestyle (Level 5) -> $15k/mo (allows me to save more, invest more, and be even more generous with family/friends/loved ones)
Create a total financial standing doc