Making Peace with Where You Are

In this lesson, we are going to talk about getting clarity around where you are right now. This is an important step for two critical reasons:

  1. You get to look at where you are right now more definitively and from a place of appreciation
  2. You get to create a milestone to base your improvement upon so you recognize it when it happens

Direct Your Mind's Power

In this Course and in all of the Compass training, intention is the impetus to improvement. You will learn how to set a new intention, more clearly understand your mindset (which is fueled by beliefs) and what is holding you back from achieving the financial experience you truly want. You will be more powerful in your discernment of how you think about money, finances and learn how to shift and reframe what you've been thinking about abundance to more productive, positive thoughts that will inspire you and bring you closer to what you most deeply want.

Power Posing with Amy Cuddy

In this TED video, social psychologist Amy Cuddy shows how “power posing”—standing in a posture of confidence, even when we don’t feel confident—can affect testosterone and cortisol levels in the brain, and can even have an impact on our chances for success. This further illustrates the power of your mind and how easily you can influence it to achieve the goals that are most important to you. Let's retrain that brain!

 

Course Practice

Here are two Plays that will give you an introduction to the work you'll be doing in the Course. The first Play is identifying where you are, and the second Play is about creating a clearer picture of expectancy, even though you've not done the clarifying work that you'll be doing in the Course yet. When you've completed this practice, check in with how you feel about your situation. You should feel much better and more hopeful. You'll also learn throughout the Course how important it is to tune in to your emotions and the value of connecting emotional response to what you're thinking.

Before you do these Plays, however, strike your POWER POSE for two minutes. (If you don't know what that is, go back and watch the video above.)

You Are Here Play

Where are you regarding money right now? This is where you get present to how you perceive your financial situation as it stands right now. Do the following Play in your journal (or wherever you are doing your Compass Playbook Plays for this Course. In the future, we'll use the term "journal," but please use whatever recording tool you prefer, including the Compass Creative Process Templates provided to you as PDFs).

Writing Template (PDF)

Writing Template (PDF)

  1. Finish this sentence in a factual, unemotional manner and do not infuse it with attitude or opinion: "Right now, my money situation is...". For example, "Right now, I am not in a positive cash flow situation." Or, "Right now, my money situation is that I have $125,350 in student loan debt." Or, "Right now, my money situation is that I am unemployed and have no income." After you write that sentence, reflect on it distinct from what you make it mean. In other words, look at it from the singular standpoint of a fact, and separate what you make your money situation says about you.
  2. Write about how you feel right now about the financial situation you are in. More than likely, it will be emotions that are not so great, such as frustrated, anxious, worried, resigned, etc. otherwise you wouldn't be doing this work. And that's okay. Write a couple of paragraphs about how you feel and why you feel that way about it. Let your emotions flow and record whatever you are present to. This should feel good to you to get it out on paper, even if the way you feel is not as positive as you would like.
  3. For the last part of this Play, do an appreciative inquiry about all that you have experienced and learned about money to this point. What came before this situation? Write about the past experiences with money that you've had as well as any observed expressions of abundance (friends, family, from TV or celebrities, etc.). Keep only one thing in mind when you do this inquiry: write from the standpoint of what you appreciate about those experiences and observations. For example, "I appreciate what my dad taught me about managing money. I learned to live within my means and how to save for a rainy day." And, "I used to enjoy watching Lifestyles of the Rich and Famous as it made me want to have that kind of lifestyle and freedom. I loved how that made me feel and to imagine myself getting that kind of abundance in my life." Get specific with details if it makes you feel good. The key is that you keep your focus on all of the things that you have learned about finances as well as examples of abundance that you've observed and admired.
 

Expectancy Play

For the second Play, you are going to take the first step in creating the place you want to be in as a result of completing this Course. Hang with us for a second. What this Play does is create expectancy, and even though you may not know exactly what you'll get out of this Course, you definitely know what result you want right now. So let's capture that.

  1. Like the first step in the last Play, complete this sentence: "Right now, the way I want financial abundance to be expressed in my life is...". For example, "Right now, I want to be completely debt free and have no outstanding loans or owe anyone or any institution. I want to have a savings account that has $X, and a retirement that has $Y."
  2. Write about how you expect to feel once you have achieved that state of abundance as you see it right now. Include emotions and explain why you feel that way. For example, "I'm going to feel so happy paying off my car loan and credit cards. I will feel free, empowered, in charge of my life and unencumbered knowing that I will get to buy things and own all of them outright."
  3. For the last part, as in the prior Play, do an appreciative inquiry about all that you imagine you'll be able to experience once you achieve this state of abundance you seek. Keep it all positive, focus on the emotional aspects as well as the specifics of the actual aspect that you are appreciating. Such as, "I feel so good and free about how I am able to look at things and say, 'I can afford that,' and do the things I have always wanted to do, including giving to charities and to my friends and family in need."