The 3 Things That Keep Us From Investing In Ourselves

Last updated on: Published by: Recognizing Potential Coaching 0

Life is full of opportunities. Thomas Edison said that “opportunity is missed because it is dressed in overalls and looks like work.” I would add that many times it’s also because we know nothing about the opportunity being offered to us or we are quick to create a belief around that opportunity that holds us back. 

In coaching people, I use a tool that’s based on the bible verse Matthew 25:14-30. In this verse, a Master gives 3 men different amounts of money. To one, he gives 5 bags of gold to which that man multiplies into 10. To the second, he gives 2 bags of gold to which the man multiplies into 4. The last man gets 1 bag of gold and instead of taking risks with the money to multiply it, he buries it in a “safe place” until the Master wants it back. The Master is pleased with the 2 who multiplied the gold. Was it a risk? Absolutely but it paid double in what was invested. To the man who buried the gold out of fear, the Master is furious, coming back with “you wicked and slothful servant…”. 

You are not responsible for anything God hasn’t given to you. But what about the gifts He gave you? Are you keeping them for yourself or are you blessing others with your gifts and talents as God called you to do? Are you too fearful of judgment or other’s opinions? Or are you proud of yourself and the gifts that only you can do in the way you share them? 

This is quite common. It’s also the first thing that holds us back. Insecurity. We undervalue what we have been given. 
We let the thoughts and opinions of people who don’t pay our bills, don’t live our lives and have never walked the path we have dictate what we can or can’t, should or should not do. Nobody else has been given the same set of skills, gifts, talents, experiences or purpose that you have. They aren’t supposed to do what you are. They have their own path, as do you. Stay in your own lane and be proud of who you are and what you do. 

The second thing that holds us back is fear. I see this one more than any of them. Fear comes when we overvalue what we could lose. We hold ourselves back from moving forward because we tell ourselves that “we can’t afford it” and the next week we spend three times the amount on a random Amazon order. So was it that we couldn’t afford it or did we create a belief that we wouldn’t find success in whatever opportunity was presented in the first place?
I remember the first coaching course I ever invested in. Moe and I were so incredibly broke. I didn’t have tangible money in the bank and I had an incredible insecurity in myself. I wasn’t confident in my coaching abilities just yet. I also knew that I’d be paying a rather large amount for a series of courses but knew I wasn’t getting anything tangible in return. I wasn’t going to be able to show people a thing that I’d purchased or point to something that my money had gone toward. I was overwhelmed with fear but in the back of my mind, I kept thinking “what if”. What if this was the one thing that would propel my business forward? What if this one series of courses would help me get more clients? What if this opportunity was being presented to me because I was meant to take the risk? So I did. You know what? It’s paid me back at least 10 fold what I invested in the first place! Worth it doesn’t even begin to scratch the surface! But what if I hadn’t? What if I would’ve let my fear keep me paralyzed? 

Well friend, that leads me to the third thing that keeps us from investing. Misperception. We misvalue who God is. We try to control everything in life and leave little to no room for God’s hand in our success. Honey, the reality is that the only reason you have the success you do, the opportunities you do or the blessings you do is because of GOD! Your’e co-creating a life with God. He gives you opportunities and also the free will to choose what you do with those opportunities. You just have to be smart enough to see an opportunity as such when it slaps you in the face. So it comes down to this- Do you believe God has your best in mind? Do you think He would give you the opportunity of a lifetime so you could fail? Do you think He would give you all these gifts and talents to put out into the world for you to be laughed at or ridiculed by people who actually matter? Do you think He would give you opportunities to rise to your fullest potential for you to be paralyzed by fear and turn away from the opportunity to stay stuck at the same level you’re at now? 

We are the hands and feet of Jesus. So if we don’t live to our fullest potential, our ripple effect doesn’t ever expand. Therefore, it’s not just us that we’re holding back. We’re stunting the growth of the entire Kingdom and keeping the Kingdom from rising to it’s fullest potential. 

Stop holding yourself back. Let go of the insecurity, fear and misperceptions. See opportunities for what they are so you can grow yourself and the Kingdom. Easier said than done, of course. But I can honestly say that nothing that has ever been presented as a true opportunity has kept me stagnant. I’ve always grown and become better in some shape or form. So the investment always been worth it. 

XOXO, 

Kameran

6 Tips to Help You Save a Ton of Money

Last updated on: Published by: Recognizing Potential Coaching 0

Last week I talked to you about how 8 years ago, I had zero savings, was constantly overdrawn in my account and didn’t have enough money to pay bills. Here’s how I created a savings, increased my credit 300 points and got my financial life together. 

People say things like “there will always be debt”, “money doesn’t grow on trees”, or “there’s never enough money.” Bull. These beliefs makeup your money mindset. When your money mindset is trash, so is your bank account. It’s hard to hear but it’s the truth and the sooner you accept it and change your mindset, the sooner you can start building real wealth. What you focus on grows. 

1. Start budgeting. 
Bleck. I know. The thought of it makes people want to throw up. But I’m here to tell you, though it’s the hardest to start, it’s also the most crucial. We started with pencil and paper but it wasn’t as easy as digital and things kept getting left off. Now, my husband and I have a google excel sheet that we share so it’s on our phones, laptops, etc. Always at our fingertips. Easy access sets you up for success. We have 4 sections. The first section is monthly bills (mortgage/rent, electricity, groceries, etc). Things like groceries and gas get a number at the beginning of the month. So let’s say $150 for gas. There are simple formulas you can input to subtract 150- (total of each fill up) so you always know what you have left to get you through the rest of the month.The second section is all debt (credit cards, medical bills, etc). In each section make sure you the name of the bill, the amount due, the date due, and whether it comes out automatically or if you have to pay it. We also include login info as well (again for easy access). The third section is for extras (eating out, amazon orders, random things like car maintenance or oil changes). The fourth section is GOALS. All of our debt is listed in this section from highest interest rate to lowest. We’ve calculated what we can pay off every 90 days and that’s what we focus on. Again, what you focus on grows so when you’re laser focused on paying 3 to 4 things off every 90 days, you get through that list speedy quick. What you were paying on those 3-4 now goes to the next 3-4 you’re focused on. A debt avalanche. Everything is color coded. Pink items get paid at the beginning of the month, blue items get paid with the mid month checks. If you fail to plan, you plan to fail. 

2. Pay yourself first. 
Every wealthy person in history will tell you to always pay yourself first. This was tough when we started and another thing that was hard and made us want to puke. But this is what started our savings. 10% of every single check or cash payment coming in goes straight to your savings account. You live on what’s left over. Not enough? Start cutting. I promise, you can do hard things! Trust me on this. 

3. Record it. 
On that spreadsheet, we record every single penny that’s spent (including cash) every month. Every cent is accounted for. At the end of each week, we look at it and discuss what we need to reign in and what’s coming up. The first time we had $800 leftover at the end of the month, my husband and I got into a huge argument that “something didn’t get paid! There’s no way this is right!” It was. It just hadn’t ever happened to us before. So whatever is left goes to debt. Pay all of that off as fast as possible. This increases your credit significantly and helps you meet your goals faster. A few months we halved what was left over and put part in savings and part toward debt. Either way works as long as you get an emergency fund set up and debt paid off. Your definition of “emergency” changes when you have a fund for it. 

4. Unpopular Opinion
Interest will kick you in the teeth every single month. This is a super unpopular opinion but has saved us a TON over the last year. Open a 0 interest credit card that will let you transfer balances. We did this with our largest credit card that was charging us almost $100 a month in interest. That move right there saved us over a grand last year alone and increased my credit score by almost 50 points!

5. Start reading and Stop Listening
Pay attention to what you’re listening to and looking at. If you’re listening to people that are always broke, you’re probably going to be as well. Surround yourself with people who push you up, teach you things and help you become better. I believe with all my heart and soul that you become like the top 5 people you hang around with most. Read books like Secrets of the Millionaire Mind by T. Harv Eckert, anything by David Bach, Rich Dad Poor Dad by Robert Kyosaki, Tony Robbins has some good ones. Here’s why I’m not a huge Dave Ramsey fan. He says things like – if you owe any debt, you should not be eating out. No. Sometimes you need to enjoy a family dinner out to celebrate or save your ever loving sanity! Family morale means a lot! Does it dent your budget a little more than eating at home, yes. But the fear inducing mindset that statements like that promote are far more damaging than 1-2 meals out a month. 

6. Same ole, same ole
Cut what you can. We haven’t had cable in probably 10 years. How many channels do you really watch on your TV? Can you get those same channels with a Roku or an Amazon Firestick, Netflix, Hulu, Amazon Prime? 

Shop at places like Aldi. I kid you not, their produce is WAY more fresh than places like Walmart and they have more organic options too. 

Do what you have to do for a short amount of time- teach English to Chinese kids online, sell essential oils, sell signs or paintings or clothes, substitute teach, all things I did for a couple years just to have extra funds to help get us ahead. My husband stayed in airport lounges instead of hotels and flew pipeline 5-6 days a week just to save. It wasn’t fun or pretty and our marriage struggled on the daily with all the stress but the payoff was incredible. 

These are all the things that you already know. I wanted to help you with things that you may not know or may not do. Everyone hears how they need to budget and many will ignore that advice but that was one of the best things we did for ourselves. 

I hope this helped and wish you the best of luck! When your financial life is in order, everything else feels so much better! Nobody will ever have their entire life completely together. That doesn’t exist. But having your finances in order sure does make a huge difference and significantly boosts your confidence! 

XOXO, 

Kameran