People do love dramas and reality shows, but in real life, it’s not always the jealous neighbor or the loud socialite who spews the worst judgments about us.
We’re pretty good at doing that to ourselves.
In our financial lives, it’s easy to slip into judgment. We berate our past selves for not getting organized sooner. We doubt whether our current plan is on track or whether we will be able to handle whatever arrives tomorrow.
There’s a trick for that. It’s free, it’s simple, and most of us have been practicing it all our lives.
Be a better friend—to yourself.
Kristin Neff studies the psychology of self-compassion and puts it this way: “It’s natural for us to try to be kind to the people we care about in our lives. … We comfort them when they’re going through hard times. In other words, most of us are very good at being understanding, kind and compassionate toward others. But how many of us are good at being compassionate to ourselves?”
Financial freedom isn’t totally about what’s in your pocket. We believe that you can be a good friend to yourself—and you’ll become a better steward of your resources in the process.
Kindness, common humanity, and mindfulness are the key ingredients in compassionate responses according to Neff. When we give ourselves time to pause and reflect, we can have more reassuring conversations with ourselves—ones that don’t end in self-sabotage or ongoing anxiety. When was the last time your inner voice was compassionate?
- “You know, lots of people make mistakes along the way: where can you grow from your past?”
- “Of course you get worried sometimes: you care deeply about your family, your legacy, your work…”
- “Notice how you’re jumping ahead? Maybe make a note, but then let yourself come back to what you can do right now.”
Sure: this kind of self-talk isn’t for everyone. If that’s true for you, then try substituting my voice in your head: “Hey! Don’t you treat my friend like that!” And then let yourself off the hook.
Friends, when you’d like to talk more, drop us a line.
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