Achieving Financial Wellness: 4 Essential Principles for You

By: JW Rayhons

Financial wellness is a fundamental aspect of overall well-being. It empowers people to reduce stress, fulfill their aspirations, capture opportunities, and build a joyful future. However, achieving financial stability requires purposeful planning, discipline, and informed decision-making. In this blog, we'll discuss four essential principles that can guide you towards financial wellness and help you take the lead of your own financial journey.

1. Fix Your Mind on Specific Objectives

Have you ever bought a car and noticed that “everyone” else also bought the same car as you? The reality is that all those other cars were always there. What changed is that your mind was now focused on the one you bought and now sees similar ones everywhere. When we get ultra-clear about important goals that require money and planning, then our minds will begin to work on what we need to do to make them happen… even if we don’t know what to do.

2. Set Aside for Yourself a Part of Everything You Earn

Your work earns you an income! You probably work hard for your income, especially if you’re growth and success minded. Honor yourself by putting some of your income to work for you! Make your money work for you by investing it.

3. Increase Your Income by Multiplying Your Value to Others

When you focus on creating value for others, you will soon find yourself being more valuable. My great friend and mentor Ron Willingham often said, “The more value you create, the more income you will earn.” Even if your current job only pays a certain amount, approach your work with a pursuit of mastery and contribute above what is expected; you will be rewarded in more ways than pay.

4. Establish Good Habits and They Will Establish You

Our brains are lazy. “Most of the choices we make may feel like the products of well-considered decision making, but they’re not. They’re habits.”-Charles Duhigg, The Power of Habits; “You do not rise to the level of your goals. You fall to the level of your systems.“-James Clear, Atomic Habits; “The only difference lies in whether someone decides it is necessary to get better. No necessity, no consistent action.”-Brendon Burchard, High Performance Habits. Financial success has more to do with your habits than what you know about handling money. Practice good habits, get someone to hold you accountable in a supportive way, and enjoy the benefits of your practice.

Want to Learn More?

To discover another 6 essential principles, please ask us for a copy of our Ten Laws of Wealth & Abundance book. Achieving financial wellness requires commitment, discipline, and continuous learning. Watch as your financial well-being gets stronger.

Take a small yet courageous step today, simply go to RayhonsFinancial.com and in the contact form mention this blog and ask for a copy of the Ten Laws of Wealth & Abundance. Embrace these principles and experience a greater sense of security, peace of mind, and stronger confidence with your money.

There’s more to Life than money! The Rayhons Financial family is a team of professionals that want to guide you towards your ideal, joyful Life. A professional can help you create a personalized financial plan, provide valuable insights, and guide you through a better approach than “live and learn” or “trial and error.” Connect with us for a conversation. Call us at (480) 507-2425 or contact us online. We’d love to meet you!

The content in this article was prepared by the article’s author. Cetera Advisor Networks, LLC does not endorse its content, and the views expressed may not necessarily reflect those held by Cetera Advisor Networks, LLC.