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We all want to live within our means, save for retirement, invest a little, and yet still have some left over each month for fun. But as most people know, real life can get in the way of even our best intentions!
To ensure we set realistic financial goals and stay on track to meeting them, Tiffany Aliche is here to help.
Popularly known as “The Budgetnista”, Tiffany is the powerhouse dedicated to making life-changing financial education accessible to women worldwide. She is a financial educator, New York Times Bestselling author, and star of Netflix’s “Get Smart With Money.”
Through her platform, Tiffany impacts countless lives, and her brand new, hands-on workbook “Made Whole,” takes a practical approach to transforming financial dreams into reality.
Today, she’s doing what she does best: teaching us 10 practical tips for reaching our financial goals! Let’s dive in.
The Secret to Financial Wholeness
As we approach the new year, many of us are seeking ways to become financially savvy and find stability and security in our lives.
Tiffany emphasized the importance of community in navigating these challenging times. Building a strong support system, both online and offline, is crucial. It’s about connecting with others, whether it’s family, friends, or neighbors, and leaning on each other for support.
Tiffany shared heartwarming stories of how she has created a sense of community in her own life, from hosting friend’s gatherings to offering help to her neighbors.
We then delved into the concept of financial wholeness, a term Tiffany coined to shift the focus from the elusive idea of financial freedom to a more inclusive and attainable goal.
Financial wholeness is built on mastering and maintaining ten core steps:
- Budgeting
- Savings
- Debt
- Credit
- Income
- Investing
- Insurance
- Your financial team
- Net worth
- Estate planning
Though we couldn’t dive as deep into each step as she does in her book, Tiffany stressed the importance of practicing and implementing these steps to weather any financial storm that may come our way.
Your Money Mindset
We discussed the power of authenticity and transparency when it comes to money. Tiffany highlighted how shame and judgment often surround discussions about finances, leading people to keep their struggles hidden.
However, by sharing our own stories and experiences, we can break the cycle of shame and create a safe space for open conversations about money.
Tiffany’s own journey, from being $35,000 in debt to achieving financial success, serves as a powerful reminder that financial struggles do not define our worth.
We also explored the significance of writing things down and practicing the principles of financial wholeness. Tiffany’s workbook, Made Whole: The Practical Guide to Reaching Your Financial Goals provides a practical guide for readers to implement the ten steps and practice the necessary habits for financial success.
By engaging in the exercises and joining online communities, we can gain the support and accountability needed to make lasting changes in their financial lives!
The Steps You Can Implement TODAY
Saving money is something you can start doing today, even if it means starting small and building the habit of saving, regardless of the amount. By setting specific savings goals and breaking them down into manageable monthly targets, we can make progress towards their financial aspirations.
Tiffany also shared the wisdom of squirrels, who save during abundant times to prepare for the inevitable financial winter. This mindset shift can help us navigate the ups and downs of our financial journeys.
For entrepreneurs, we also explored the topic of increasing income as something we can do right away. Tiffany shared her own experiences of pivoting and finding new ways to generate revenue.
She emphasized the importance of going deep rather than wide, focusing on retaining customers and reducing expenses. Additionally, she encouraged entrepreneurs to seek new perspectives and inject fresh ideas into their businesses by connecting with others in their industry and beyond.
We briefly touched on other steps in the financial wholeness journey, such as investing like an insider, getting good with insurance, and getting rich-ish. However, I want to highlight the significance of step nine: picking your money team.
Tiffany stressed the importance of surrounding yourself with a trusted group of professionals who can guide you in making wise financial decisions. This team may include a CFO, accountant, attorney, and financial advisor, depending on your specific needs.
Building this team from the beginning can save you from costly mistakes and provide invaluable support!
Connect With Tiffany
Are you ready to commit to being authentic, transparent, and intentional in our financial journeys? We are NOT alone in our struggles and a brighter financial future is within reach!
Follow Tiffany on Instagram, and get her brand new hands-on workbook, Made Whole: The Practical Guide to Reaching Your Financial Goals.
And if you can’t get enough of her (like me!), she’s also been on the Goal Digger Podcast twice before: The Best Guide to Get Out of Debt and Actually Save and The Difference Between Financial Wholeness and Financial Freedom!
Remember: financial wholeness is not just a destination; it’s a lifelong journey. Let’s embark on this journey together, supporting and uplifting one another along the way!
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