Why the #250Club

Did you know that a $50 decrease in your weekly personal spending equates to a $2,600 saving per year?

Think about the goals that you can achieve faster with this!

A lot of people often feel like they are alone and that they must be the only one in their financial position.

This feeling itself can be very difficult and overwhelming, especially when you are trying to live on a minimal amount in order to be in control, get ahead and kick some goals.

The #250club originated from a coaching session with a member who had been struggling with her weekly personal spending allowance of $250.

This member was so close to giving up because of the emotions she was constantly going through, one being that she couldn’t possibly live on with her weekly spending amount.

Faced with no choice other than to persevere if she wanted to achieve her goals and live life according to her values, she chose to persevere.

Recognising that it was important for her not to feel like she was alone and that it wasn’t possible, our CEO Sarah agreed to decrease her personal spending amount to match hers.

I had been following this member’s progress for quite some time now and heard Sarah recount what happened during the coaching sessions and the emotions that the member went through.

I’m so proud that she’s continuing on and giving 100% to whatever she needs to do in order to achieve her goals.

As a Financial Coach, member’s emotions often transfer across to me. It might not sound it, but this is often very difficult to deal with.

I usually take this emotion and turn it into inspiration. So, inspired by her strength, I decided that in support of her cause I would decrease my weekly allowance to match hers. The emotion I really didn’t want her to continue to feel is loneliness.

This is one of the many examples why here at WE, we have emphasised the importance of community.

We are all on the same journey to Get Rich Slow and knowing others out there who are on the same path as you make it much easier especially when you can share your experiences with each other.

 

Ready to become your very best? Get started with a FREE Strategy Session today.

Disclaimer: all information contained within this article is of a general nature. It should not be relied upon when making financial decisions. Please consult a professional financial advisor or planner (like us!) before acting.