WEEK FOUR OBJECTIVE: Create your Money Cascade and Conscious Lifestyle Inflation Plan with REWARDS.
This week we will be hands-on. You will use the provided printables to plan how you will use money now and in the future. Your plans will include rewards to celebrate the amazing progress you make because life is a gift, and you should enjoy it! Your plan will be completely personal to you, based on your values and what you love to do.
WEEK FOUR ICE BREAKER: 4 CONTROVERSIAL MONEY DECISIONS
Financial Experts continure to debate the following issues:
- Emergency Fund vs Paying Off Debt
- Budgeting by Category VS Automated Savings
- Cutting Expenses VS Growing Income
- Rules of Thumb VS More Nuance
WEEK FOUR LEARNING MODULE 1: Lifestyle Inflation and Counscious Spending
This week you will think about how to use money to pursue your goals and bring even more enjoyment to your life once you’ve “won the game” and have reached financial security. You may be frugal now, but someday you may choose to splash out and pursue something amazing like visiting the seven wonders of the world or buying that house on the lake that you’ve always dreamed of. Money is a tool to make your life secure, comfortable and (don’t forget) amazing!
WEEK FOUR ACTIVITY Option A: Create Your Money Cascade
The Money Cascade works best for people starting their financial journey. If you have been saving and investing for years, go to Option B – the Conscious Lifestyle Inflation Plan
The Money Cascade is designed to do several things:
- Use rewards to make focusing on your long term goals easier.
- Save you from over-spending in high-impact areas (housing, transportation, food) making progress toward your goals impossible.
- Remind you that money is just a tool to make your life fulfilling.
WEEK FOUR ACTIVITY OPTION B: Create Your Conscious Lifestyle Inflation Plan
The Conscious Lifestyle Inflation Plan works best for people who have been saving and investing for years. If you are just starting on your financial journey, go to Option A – the Money Cascade
In development…