How To Set A Budget & Stick To It Using Spiritual Principles

Does your paycheck disappear into an abyss of Chai tea lattes and online shopping, just days after you deposit it? It’s not exactly a mystery: If you don’t predetermine where your money is going, your impulses will decide for you.

I’ve never been one to pay attention to where my money is going. So, it’s no fun when I check my bank account and see that I only have $20 in my account three days before pay day (I get paid weekly mind you). I’m someone who, as soon as I have extra money in the bank, I’m just looking for ways to spend it. Living a comfortable life in the future is something that’s important to me, but it seems so far out of reach when there’s no structure in place.

It’s not that I have a bad relationship with money. I just have no relationship with money. Bank statements arrive in the mail, and I toss ’em directly into the trash. But as I’m nearing 25 years of age and living life paycheck-to-paycheck, it’s clear that I need to create a whole new relationship with my money. One with a little more mindfulness.

As of late, there has been an awakening where more and more people are open to trying spiritual practices in order to improve their lives. Whether it’s saying affirmations, morning meditation or just believing in the law of attraction, spirituality is not as taboo as it once was. But when it comes to our finances, can we use these same principles to help us better manage our money?

I say yes! And that’s how I plan to tackle this money issue once and for all. With the following four spiritual practices, I plan to set a budget for myself and actually stick to it!

Self-Love Challenge | How To Set A Budget & Actually Stick To It

Make Peace With Your Money

The great Deepak Chopra says in his book, The Seven Spiritual Laws of Success, “Every time you are tempted to react in the same old way, ask yourself if you want to be a prisoner of the past of a prisoner of the future?” It’s important to think about our money in the same way because our upbringing can affect how we deal with our finances.

Are you more of a shopaholic (like moi)? Or do you have a fear of not having enough that is making you a money hoarder? Whatever your personality is, we must make peace with it and let go of old habits that are not contributing to our journey towards financial freedom.

Action Step: I took a moment to write down and reflect on what I’ve done right so far with my money. And (as uncomfortable as it was) I also identified the places where there was room to grow. Sure I’ve made mistakes. But the point is we have a choice to make peace with our past mistakes and learn from them. Especially when it comes to setting a budget.

Today, reflect on where you’ve made the right choices with your money as well as what areas you could improve on when it comes to setting a budget. No matter what mistakes we’ve made, we can always make peace with them. Let’s forgive ourselves for the sill spending, accept it for what it is, and begin to move forward in the right direction. Letting go of the past is the first step in creating a brighter financial future (and a brighter future in general).

Visualize Your Abundance

The law of attraction teaches us that if we want to reach our goals, then visualization is where it’s at. By visualizing our dreams, we are teaching our brain to tap into the inner resources that we need to make them a reality! It allows us to see our dreams in our mind’s eye in order to accept and believe that we deserve them. And it allows us to stay positive, which will totally help us stay on track and be successful in the long run.

Action Step: I’m a big fan of Abraham Hicks and played one of his Financial Abundance Meditations.

Click on the link (or find a financial abundance meditation of your choosing) and start visualizing your abundance. When we can see ourselves with enough money to live comfortably, it allows our brain to tap into our inner resources to make that a reality! When we can see our money goals achieved in our mind’s eye, we can begin to feel the way we would when they actually come to fruition (which will help us attract those outcomes faster). Also, visualizing our abundance will keep us in a positive mindset with our money, eventually attracting more money!

Set Your Money Intentions

In the spiritual world, our intention is everything. If we want to manifest goodness into our lives, then we first have to be intentional. As Bryant McGill once said, “Every journey begins with the first step of articulating the intention, and then becoming the intention.” What we intend for our money will have an impact on how we choose to use our money.

Action Step: After reflecting on my current financial situation and visualizing a life full of abundance, I wrote out on another sheet of paper my intentions for getting to that place of complete abundance. Instead of throwing my bank statements in the trash, I intend to go over where I can make improvements and also track my progress. I set a goal to put away $100 every other week to help build up my savings account.

Do you want to save more? Do you want to start a new business? Maybe you want to finally get out of debt. All of these are intentions that need to be set before we can begin making our money goals a reality. Once our intentions are set, the subsequent actions that we must take become easier to figure out.

Show Gratitude For Your Money

The Hawaiian Huna tradition has Seven Principles of Life. The third principle, “Makia,” says, “Energy flows where attention goes.” Whether good or bad, whatever we focus on the most is what we will continue to see in your life. By showing gratitude, we are telling whatever we are praising that, yes, we want more of it!

Action Step: From now on, I am choosing to bless my money. I will show my money gratitude; every penny, nickle and dime of it. I am choosing to no longer take what I have for granted. I want to start appreciating what I have (even if I would prefer a little more . . . ).

It may sound silly, but as Oprah Winfrey once said, “The more you praise and celebrate your life, the more there is in life to celebrate.” If we apply this to our finances when setting a budget, we will begin to notice an increasingly positive flow of abundance! Even if we look at this from a more practical perspective: Showing gratitude for our money will also guide us where we spend our money. If we are grateful for the things we already have, we’ll be more likely to take better care of them and not be wasteful. This, in turn, can help us to save our money.

Your budget should be a reflection of your life and who you are as a person. If you are not right with yourself, there’s no room for financial growth. Think about this when setting your own budget. Using the spiritual principles we practice in other aspects of our life with setting a budget, we will see a different kind of success.

+Have you ever tried taking a spiritual approach when it comes to setting a budget? What other tips have helped you in your process of setting a budget and sticking to it? Leave your thoughts in the comments below and let me know about your budgeting success!

Much love and good luck