How to Use Your Tax Return to Invest in Yourself | Jack Canfield

Jack Canfield walks through using your tax refund to invest in yourself. Start by changing limiting money beliefs through affirmations and visualization, then assess your finances honestly, and build a step-by-step plan for debt reduction or investing.
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Hi there, I'm Jack Canfield and with tax season right around the corner, I want to talk to you about the best way that you can invest in yourself this year. This year you may be getting a tax return. If you've ever wanted to become more financially responsible, this may be the perfect time to start. You see, the best way to invest in yourself starts with changing the way you think and act with your money. The truth is that being financially healthy is an essential part of a well balanced life. Whether you'd like to save money for a dream vacation, create or expand your business, buy your first home, or simply have peace of mind, you need to take specific steps to assess, diagnose and cure your financial health. So take the time to meditate and reflect on the limiting thoughts and beliefs that you have about money. You may experience fear, hopelessness, shame, or even guilt. What are the attitudes that are holding you back? And once you've identified the root of your early programming, it's time to let go. And I have a very effective technique I teach that is to fully experience the negative feeling, confront it, release it, and finally replace it with a powerful affirmation that will drive your everyday actions and and will motivate you to keep striving forward. It's also very helpful to visualize your dream life with a vision board featuring images of what your life will look like when you create financial success. Make a complete and honest assessment of your current financial situation. You know, just as your physical health is critical, your financial health is also vital in many aspects. If not for the fact of simply giving you peace of mind. So take the time to identify where you are now and where you want to be. And if you're at the beginning stages, maybe you'd like to learn how to set and keep a budget. Or you might have already established your net worth by now. And perhaps you need additional resources to assess your business's financial statements. It's crucial to have clarity about the condition of your financial health. Now. We are creatures of habit. You'll need to make the conscious decision that you will change whatever is necessary in order to achieve your next goal. So focus on the relationship between money and you now. This might mean adopting a debt reduction plan, establishing a family savings plan, or figuring out the next steps to reduce your expenses and increase your cash flow. And if you're getting some money back on your tax returns, this may be the perfect time to save it or invest it. This is possibly the most important step of the process to create financial success. You've determined the why the what and the when? Now you have to determine the how, so establish a step by step plan to reach your immediate goals. So what is the next step? How long will it take until it's completed? How will you monitor your progress? How are you going to keep score? Do you need to seek additional resources to help you? When will you start? And don't worry about getting it perfect for the first time. It's an ongoing process and you will undoubtedly make adjustments as you move along. So no matter what your goal is, if you drive your results with an attitude of service, you will absolutely end up receiving success. So I want to leave you with a bit of homework. Ask yourself the how can I help others? How can my product help others? Could I volunteer my time and help a great cause? What principles am I teaching my children? What will my legacy be? Now in order to receive, you must first give and the rewards of making others happy and acting from a place of service will complete your journey towards creating good and sound financial health. These are the perfect ways to invest in yourself this year. Now to help hold you accountable, comment below on what you plan on changing and I'll make sure to follow up with you to help you keep on track. Thanks again for watching. And remember, nothing will change for the better until you do. Now, if you found this video helpful, make sure you like it, share it with a friend who may need it, and subscribe to my channel. For more videos like this one, and for some additional resources on how to invest in yourself, visit my website@jackcampfield.com.
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