How to Create Your Dream Life Budget
One of the top reasons people don’t live their dream lives is that they can’t envision that life as their own.
The first step to living a life of abundance is believing you can. You must spend time imagining the details and what they would feel like in order to claim them as your reality.
Creating a Dream Life Budget can help you do this by giving you an idea of what you’d need financially to meet your highest goals.
The end total might be hefty, but it’s meant to encourage, not discourage, by allowing you to attract that number into your life.
Ready to give it a try?
Begin by journaling your dream life.
What does it look like to you? Are you a jet-setter with multiple vacation homes, or do you want to build community in your existing space? Do you dedicate your life to health and wellness or spend your free time following your favorite bands on tour? Let your imagination be limitless.
Now, estimate answers to the following questions:
How much would you need to pay your bills each month?
Make this process part of the fun. Check homes for sale where you’d like to live to make up your mortgage payments. Factor in the cost of subscriptions for things that excite you and what groceries would amount to at your favorite food stores.
How much would you like to save and invest?
High earners know the return power of investing–whether it’s in art, real estate or other businesses. Investing lets you earn passive income with an upfront cost you decide on.
How much do you want to dedicate to travel?
Look up the price of spiritual retreats you’d love to experience and flights to places you want to visit. How often do you want to take these trips, and what do you want them to look like? Note the cost of cool hotels and activities you find in your research.
How much do you want to spend on personal growth?
It could be a new self-development book a month, seasonal seminars or ongoing education. The key is always to continue learning so you can unlock new levels of awareness and growth.
What else do you want to factor in?
Feel free to add or subtract anything from this list to make it more aligned with your dream life.
Calculate the results
Add up the cost for each category to determine what you need to make each month to fund your dream lifestyle. Remember, don’t let that number carry negative weight! Instead, let it inform you. What would it feel like to earn a living like that? What small steps can you take now to make it happen?
This exercise is meant for you to expand your mindset and look for solutions to help you live the life you want. If the goal is to start an automated online business so you can earn unlimited income and work from anywhere, I can teach you how.