5 money rituals to adopt


Often the only difference between one outcome and another is the process. It’s common to find with people that are making successful strides, that they’re following a reliable and consistent plan in the form of a ritual.

Whilst we all have specific rituals that we perform daily, you may want to ask yourself what type of plan you have around your money. A ritual is one of the most effective self-empowerment tools that is freely available, that you can implement each day. So why not look at applying a money ritual and take strides toward your wealth goals?

You are the company you keep

The people you surround yourself with often reflect who you are and your values and therefore have a high influence on your behaviour and daily habits. As they say: birds of a feather flock together.

Consider approaching a mentor who is making moves in a space you aspire to be successful in, or that you see yourself in, in 5-10 years’ time and learn from their habits. Perhaps they have some lived knowledge and experience that they could pass down to you and you can make it a ritual to ask for their guidance.

Monitor your money

Make it a habit to check where your money is flowing, what you’re spending the most on and where, so that you can make some cuts. This technique will help you to identify and then eliminate wasteful spending habits, as well as promotes progressive action such as saving and investing. To hold yourself accountable you can use an app such as Wallet to sync and categorize your transactions, track your cash flow and monitor your consistent spending.

Use positive language when talking about money

Noticing the language you use when you discuss finances can give you a huge insight into your financial mindset and whether or not it’s positive or negative. To become better at managing money, and minimise pressing financial stress, it’s important to consciously re-frame the way you think about money and to develop a positive money mindset.

Negative self-talk can be extremely destructive, and can leak into other areas of your life, influencing how you feel overall and what you believe. If you constantly tell yourself that you’re not good with money, this thought becomes internalized, accepted and then evolves into your reality.

Stay abreast of financial news & education

Allocate some time each day to take note of what’s occurring in the finance world, economy and the stock market so that you can stay up to date and well-prepared for any changes and opportunities. There are many subscription services that provide access to daily email updates delivered straight to your inbox, such as Switzer Daily.

Tom Corley, the author of Rich Habits: The Daily Success Habits of Wealthy Individuals, notes that less financially successful people read for entertainment, whereas rich people read for self-improvement. “The rich are voracious readers on how to improve themselves,” says Corley, as he found that 88% of them read for self-improvement for 30 minutes a day.

Create a money mantra

You don’t have to be a yoga guru to embrace a daily mantra, especially when it comes to framing how you think of money. Having a key phrase that you repeat daily that aims to empower you, can change how you feel about yourself, your expenses and your savings. It has the ability to help you to continually direct your thoughts to a positive state and can be as simple as “I deserve wealth and financial stability.”


Important: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does not constitute formal advice. Consider the appropriateness of the information in regard to your circumstances.



Be on the list that gets you from A to B. Want a holiday? Want to buy a
property? Want to know how to retire a millionaire? This is the first step...