Phoenix Men’s Counseling Blog » Money

Archive for the ‘Money’ Category

2011 End-of-the-Year Self-Assessment

Thursday, December 22nd, 2011

The end of the year is a great time to step back from the whirlwind of work, home and life expectations, and take a keen look at how the year went.

What I like to do at the end of the year is sit down and reflect on 7 life domains, gauging what worked, and what needed improvement, in each area. I do this in December, and take an hour or so to type out my answers.

From year to year, I look back and find a record of my life from year to year, and see where I’ve challenged myself. It’s interesting to have a complete picture after several years of doing this.

Here are the life domains I traditionally use for self-assesment from year to year:

  1. Relationships with Others
  2. Relationship with Self
  3. Money
  4. Mental Health
  5. Health + Wellness
  6. Spirit
  7. Hobbies and Interests

I find that I’m able to have an honest conversation with myself to see where I shined, and where I could have spent more time and energy focusing, as to improve on those things next year.

I invite you to try this exercise out. As to accurately gauge your level of progress, it might be helpful to get some feedback from those close to you, especially when it comes to the “Relationships with Others” section. Sometimes, we’re not able to fully appreciate how our relationships with others go, unless we know how they feel about them as well.

Personal Values and Happiness

What this self-assessment is designed to do is to close the gap between what we’re actually doing in our day-today lives, and where we want to be (our values). The more closely we can live our values, the more in synch we our with our life, and the happier we can report our lives to be.

Happiness is more than just a function of how well we’re living our values, of course, but it helps gets us there.Each person is different; therefore, each set of values is going to be completely unique from the next person.

Take an hour out one weekend morning in December, grab a cup of coffee, and write or type out your responses. Put some thought into your responses, and be honest to yourself.

Here are some possible suggestions to think about when you start your self-assessment, based on each category:

1. Relationships with Others

  • Which relationships have you felt successful at this past year? Why?
  • Which relationships do you think could use more of your attention and energy?
  • Pick two people close to you. In what ways would they characterize your relationship with them, both good and bad?
  • If you could choose, which is one relationship you would like to see improve? What is one thing that you could do in the next year, on a ongoing basis, to reinvest in that relationship?
  • Do you have unfinished business with someone or more than one person? What would it take to help bring some closure to you? A phone conversation? An apology?

2. Relationship with Self

  • How would you rate the relationship with yourself over the past year?
  • In what ways do you find yourself critical of yourself, or not feeling good enough or inferior? Explain.
  • How can you choose one way to help yourself feel better about yourself? Elaborate.
  • How do you deal with your needs that go unmet? Do you get angry? Or do you withdraw? How can you make a commitment in 2012 to change that behavioral pattern and communicate your needs?
  • Do you know what your needs are? Many guys don’t. Take 5 minutes and look at what you really need from others, and learn to make clear for yourself those needs.

3. Money

  • What were some successes and areas of improvement in terms of your financial situation this year?
  • Where did you feel most comfortable with money this year? Most uncomfortable? Explain.
  • Were your successful in your money goals? Did you meet certain milestones for income, savings, retirement savings?
  • How did you discuss money this year with your partner? What could change for you around the conversations you have with your significant other?
  • What problems did money bring you this year?
  • What would you like to change about your relationship with money in 2012?

4. Mental Health

  • Overall, how would you rate your level of mental health from 1-10 in the past year (“1” being most unhappy; “10” being extremely happy)? What would need to change in the new year for that number to rise?
  • What three things did you do this year to contribute to your positive mental health? Exercise? Be with friends? Converse?
  • What two things consistently trigger a negative mood or negative emotions in you from others?
  • What can you identify to work on in 2012 to contribute to a better overall mental health, including diet, relationships, lifestyle, exercise, counseling, hobbies, time with family, friends, etc.

5. Health + Wellness

  • Overall, how would you rate your level of physical health from 1-10 in the past year (“1” being unhealthy; “10” being very healthy)? What would need to change in the new year for that number to rise?
  • What stopped you from taking control of your health this year?
  • List two excuses that prevented your activity towards greater health.
  • What would 2012’s physical health outlook be like, as different from this year’s?
  • What successes can you celebrate around your health and well being?
  • What limited you physically (e.g. injury, illness, disease) from achieving your physical and health goals?

6. Spirit

  • Did you engage in things to fill your spirit in the last year? What were they?
  • How many opportunities did you “commune with nature” in 2011? What were those experiences like?
  • Is spiritual engagement important to you? Why?
  • What got in your way of filling your spiritual self?
  • How can you make time for regular spiritual engagement in the new year (if this is important to you; e.g. yoga, meditation, chi gung, church, spiritual reading, nature, etc.)

7. Hobbies and Interests

  • What did you do in 2011 for fun that brought you happiness and a sense of fulfillment?
  • What have you been putting off that you’d like to engage in during the new year? Learning a new language? Playing guitar? Urban farming?
  • What prevented you from engaging in your hobby this year – time? money? laziness?

These questions are intended to stoke the mental fires a bit, so please, come up with your own questions and ideas for your self-assessment. This is just for you, and honesty and self-disclosure will help you most here. Good luck, and I hope this exercise can help you change what’s not working in your life in 2012.

 


 

New! Affordable Counseling Services in Phoenix – Now only $60 a session!

Tuesday, September 13th, 2011

New! Affordable Counseling Services in Phoenix – Starting Today! Now only $60 a session!

If you’ve been putting off counseling, and expenses have been an issue these days, we’ve got just the deal for you. And it’s gotten a little better.

Phoenix Men’s Counseling expands it’s service menu to include affordably priced counseling for individuals and couples.

Counseling services will be offered by Trent Leupp, a counseling student intern from Argosy University in Phoenix, under the direct supervision of a licensed professional counselor – yours truly. Sessions are now priced at $60 for a 50-minute counseling session with Trent.

Appointments are currently being set up, and there are a limited amount of bookings available.

New to counseling? Been hesitant to give it a try? This is your opportunity to start to make a real investment in your well-being and your relationships.

Contact Jason at 602.309.0568, or visit us at www.phoenixmenscounseling.com to book an online appointment.

 

27 Quick Stress Busters for Optimal Living

Monday, June 13th, 2011
  1. Walk 30 min. a day
  2. Practice breathing 5 min. a day
  3. Reduce caffeine use
  4. Make a to-do list for your upcoming week on Sundays
  5. Set your bills up to auto-pay online
  6. Plan out your vacation early, and make a budget
  7. Plan a “money talk” with your partner once a month
  8. Lower your sugar intake a bit, such as sodas, candy, ice cream, and baked goods
  9. Plan your errands in an hour or two-hour chunk early on Saturday, so you can free yourself up for the rest of the weekend.
  10. Chunk out time twice a day to return e-mails, say at 10:00 AM and 2:00 PM.
  11. Ge to know a great online scheduler, like Google Calendar, or for Mac fans, Mobile Me.
  12. Brainstorm what you can successfully multitask without adding to your stress levels.
  13. Make time for your wife and girlfriend constantly, whether for intimacy, talking or activities.
  14. Plan a date night; switch off planning it
  15. Use Mint.com for budgeting and money management.
  16. Auto-debit your retirement investments, so you don’t have to beat yourself up for not investing.
  17. Find a good app for food shopping, if you do the shopping. I like the simple Teax Deux for easy, easy to-do lists, and grocery lists work great – the iPhone app synchs with the online version.
  18. Lower your alcohol consumption.
  19. Exercise for deeper sleep, which lowers stress.
  20. Try yoga. Sign up for a free month with many studios. near you.
  21. Listen to free stress management cd’s from your local library.
  22. Practice mindfulness meditation to lower stress.
  23. Get massages regularly. Yes, plenty of guys do, including me, without shame.
  24. Come up with ways to disconnect from work when you’re not at work, like hobbies, interests, friends.
  25. Plan your estate documents and get a good estate planning attorney.
  26. Talk about what’s stressing you with someone close, like your partner, a parent or close friend.
  27. Simply admit you’re stressed. A lot of guys simply can’t come to this awareness, so admit it and take action from there.


 

On Workaholism

Wednesday, March 30th, 2011

Instead of the 40 hour workweek, somehow we ended up extending back quite a bit beyond those boundaries over the last couple of decades. We’ve become accustomed to working 45, 55, 60 and more hours a week. I even talked with guys who regularly clock in about 80 hours on the job a week.

Even though economic conditions have worsened in the last couple of years, and things are tighter overall, there seems to have been a pervasive cultural message to work as much as we can. I think that that’s changing the last couple of years, with people reconsidering their lives and trying to budget time for things that really matter to them, like family, hobbies, and other life experiences. And younger guys seem to have taken this heart: by seeing their fathers worked tirelessly, more and more guys are trying to find what work allows them to apply their passions, and doesn’t kill them in the process.

But, workaholism still runs rampant in our culture today. Plenty of guys they’re either head in the sand and press ahead robotically to get ahead. Some are so driven by power, success for money that it blinds them to the rest of the rose bushes that they’re zooming past.

Usually, the first thing that materializes as a problem is marital or relationship problems. I hear a lot of women complaining that their guy works too much or too hard, and doesn’t have time for them. They complain about not having regular date nights, not having sex regularly, or just generally feeling unattended to emotionally. Many guys don’t see this until it’s too late, and then come in to count and try to help to patch up what’s already broken beyond repair.

Is this you? I know I’ve been guilty working too hard sometimes, but moderation is definitely the key. Do you find that you’re able to create the kind of work life balance that’s needed to create an optimal life for you?

Here’s four things to think about if you may be a workaholic:

1. You probably aren’t attending to your self, whether it’s diet, exercise, sleep, or your own emotional state. Forging out a life in balance means investing some energy in those areas of your life. Start small, and make commitments each week to modify one or more areas.

2. Get feedback: ask those closest to you how they see. Are you accessible for people when they need you? Do they feel like they’ve “got” you when they need you, or is there experience that you’re always attending to other things?

3. For dads: to consider if you were own father was a workaholic, and if he wasn’t there. Ask yourself if you may be re-creating the same cycle each over again, and if so, take preventative measures to stop it. You wouldn’t want your son or daughter to grow up feeling like you weren’t there, even if that’s how you felt growing up. Would you?

4. Identify why you’re working so hard. Is it for the money? Is it because you’re avoiding something, such as wanting to be home? Are you a perfectionist, or just hungry to climb the ladder at work? Identifying your motivations is really the Ground Zero for making changes to your life, and understanding why you’re doing something is key. It may not be easy, but if you spend enough time meditating on this issue, you may come up with some surprising results.

Plenty of men turn to work to provide a variety of needs: sense of identity, sense of purpose, money, power, prestige, for since a family, whatever. But, like anything else, if you lose moderation and a work/life balance, it may be easy to get lost in work and not be able to find your way out.


 

9 Psychological Ways to Save Money

Tuesday, March 22nd, 2011
  1. Stop spending money to impress people, by picking up the tab to impress others, or yourself. Plan on when you’re going to pick up the tab before you even go out, then ask yourself why you’re doing it.
  2. Start investing in the things that you value long-term, such as retirement, kids’ college, a trip to Fiji with you wife
  3. Agree to make time with your spouse to have a “Money Talk” every month, say on Sunday morning, and talk about not only money logistics, but fears, concerns and stressors associated with money or work.
  4. Carry cash: this way, you’ll see your money going out of your hands steadily, and not be divorced from the process of spending money by using a debit or credit card. You’ll have a greater appreciation for the money that you’re making, and parting with.
  5. Break the deficiency mentality: This is harder, because a lot of our messages around money we’ve inherited from our parents. If you live in the deficiency mentality, you’ll always feel impoverished and feel like you’re living paycheck to paycheck. Seek out help, such as counseling, to bust up those difficult messages from your family of origin.
  6. Before buying a new car or house, ask yourself, “Could I be happier with something less? how will this purchase bring me increase happiness?” Maybe the difference between buying a $35,000 new car, and a $20,000 previously owned car isn’t really all that different. It’s possible that you could be happy with the $20,000 car, and sack away $15,000 into a retirement savings account and achieve a different sense of happiness–one that promotes your long-term well-being.
  7. Minimize indulgences: a lot of the time we indulge in things that we don’t really need, simply because we can or we think we should treat ourselves or indulge ourselves. If we train ourselves to buy ourselves things to make ourselves feel good, and don’t really need their own those things, we set ourselves up for trouble. When were feeling blue, or scared, or happy, we then seek out the thrill of buying something new, which only works for a limited time.
  8. Remember that people don’t like you or hang out with you for your money, even if you think so. and if they do, it’s probably time to reconsider your friendships. You may be allotting a lot of money towards a lifestyle that is designed more for impression, and less for your own personal satisfaction. Is this you? If so, it may be time to start reconsidering how you’re spending your money, and if the lifestyle you’re living is truly aligned with your own values, or designed to impress others.
  9. If she loves you, she’s not always can need to spend money on her. If she’s the right one for you, you will need to bust your ass to buy her things and shower her with gifts. There are plenty of ways that you can show her love, caring and affection that aren’t about gifts, meals, trips or shopping. In fact, most women want you to be able to be emotionally giving, which usually doesn’t require spending money. Guys mix this up all the time. They try to show their carrying affection for women with material things or doing things for them. Save yourself a little the cash and start to tune into what she really wants from you.


 

Dealing with Holiday Money Stress

Wednesday, December 15th, 2010

Like no other time in the year, the holidays demand that we get quite gluttonous. Starting with gorging ourselves with turkey and stuffing, to im- Dealing with Holiday Money Stressbibing on New Year’s Eve, the holidays make it easy for us to push rationality aside to indulge in the joyful holiday spirit.

For most, overindulgence happens all across the board, from eating to drinking to spending. Learning how to reduce some of your holiday stress might lower the post-celebratory hangover in January (your relationship and your wallet may thank you later).

Spending too much is pretty much a given for most people during the holidays, but use these tips to help you deal with your holiday money stress:

  1. Plan your spending early: Whether you’re trying to decide how much to spend on gifts, eating out or traveling, getting in touch with how much you figure on spending, or setting a budget, can help you deal with some of the post-sticker shock experiences of the new year. Try to get a sense of how many people you’re spending on, plan what events or functions require you to shop, or pick up wine,or get a sense your specific travel expenses may be. Planning early, and setting a budget and sticking to it, will help you not get caught up in the mad consumerism of the holiday season.
  2. Understand your reasons for spending money/saying “no”: Gifts and holiday expenses are normal, but going over the top may not be, especially in today’s economic climate. For some, especially people pleasers, the tendency to buy gifts for people so they’ll be happy with us may be going too far. Also, if you are going to holiday parties or events where you feel obligated to, don’t. There may be the obligatory work party that everyone needs to go to, but if there are parties or dinners you’re invited to and you don’t really want to go, and where you can reasonably decline, stay true to yourself and say ‘no’.
  3. Communicate with your wife or girlfriend about spending: Talk and plan with the one you love about what the financial expectations are for the season. Are you both on the same page about how much you are wanting to spend, say on the children’s gifts, on each other’s gifts, eating out, etc.? Do you both have the same ideas about how much you think is reasonable to spend? Talk and get on the same page.
  4. Use Mint.com: This is one of the best websites out there, for tracking your expenses, setting short term goals, or getting a sense of what parts of your life you spend most in. There are pretty color pie charts and line charts to help illustrate your spending and saving, so you can feel like you’ve got a nice hold on your holiday spending. They’ve got a pretty handy iPhone application to boot, so you can track while you’re shopping.
  5. Don’t “emotionally spend”: Emotional spending is probably the majority of what we end up consuming up holidays, whether that’s the impulsive peppermint latte at Starbucks, or that quick $50 photo shoot with Santa for your kids at the mall. Christmas and the holidays have a way of stoking our emotions to open up our wallets, so just be careful that you don’t end up spending out of emotion instead of logic and planning. The retailers and businesses depend on our emotional spending, this time of the year more than any other, but as far as stress goes, it could be better to just leave the house with a firm list.Don’t give into those merry Christmas tunes piped into the store you’re browsing, and buy just on impulse.
  6. Watch That Debt: If you can, leave the credit cards at home completely this holiday season. Debt is lessen vogue now, after the chilly economic recession we’re trudging out of. Adding more debt is going to leave you more financially stressed and may push some into depression or anxiety. Debt will make you stress, and why would you want to have more stress to an already stressful season? Leave that credit card of home, and pay with cash. To take it one step beyond, try shopping this season with just a planned wadful of cash. Decide early how much lump sum to to pull out, and use that strictly for your gift shopping this season.

The men who are firmly centered this holiday season are the men who are mindfully spending. Reckless spending’s not good for anyone, except for the credit card companies and retailers. If you’re in a relationship this holiday season, try to use these tips to help you and your partner stay the same page about how you’re both spending money. This will add to a lot less relationship stress, too. Dealing with holiday money stress can be difficult, when we get swept up in the good times and tidings of the holiday season. Watching your money may help you start the new year in a much less stressful way.

How to Define Personal Success

Wednesday, September 22nd, 2010

Defining personal success sometimes is difficult. It’s pretty easy to buy into the social, cultural, and family messages about what makes for success, but it’s a little bit more difficult to listen to ourselves to guide us towards our own version of personal success. Let me explain.

Growing up, we have many messages about how to be successful, or how not to be unsuccessful, given to us at an early age from parents, religious institutions, school, and television. It’s easy to grow up and not have to question some of these messages, especially if we’ve been given them from an early age and they been repeated over and over again. For example, our parent’s definition of personal success may have been integrated from such an early age, and we never got around to challenging or questioning those definitions of personal success. They may have, over time, developed to be very different from those things that we would identify as successful for ourselves if it was just up to us.

Personal success is not exactly what culture, society, or our parents might have us expect. Sure, there our many things that we can all agree defined personal success: finding a good job that we like, making good money, finding a great mate, developing a happy marriage, having a healthy family, and the list goes on. Those are the kind of universally accepted definitions of what it means to be successful in our culture.

But, even reaching those peaks and gaining the culturally sanctioned versions of personal success doesn’t always bring happiness. In fact, many men still deal with depression, anxiety, low self-confidence, and the like. Take Tiger Woods for example. He was the most famous and richest golfer in the world, had a beautiful wife, and seemed to define for millions of men what it means to be successful personally. And one day in November of last year, it all started to unravel. It was discovered that he had a sex addiction and had been sleeping with lots of women on the side. My sense is that Tiger, inside of himself, doesn’t feel very successful at all. He may have all of the trappings that exude personal success, from a cultural point of view. But, it may be a very different story inside of his mind.

We have to define personal success as men in a number of ways, and not just subscribed to the universal definitions of personal success given to us by our parents, our culture, media, and our peers. Personal success goes a lot deeper.

Here are some things to think about when defining personal success for yourself:

  1. What are my values? If I were to list my values, and rank them in order importance, how are my behaviors in the world representative of those values? Are my own personal values being lifted up to in my day-to-day actions? for example, if I aspire to be a good husband or father, what do I do in the day-to-day to adhere to that value? If I want to be healthy physically, and that’s my value, what do I do in the day-to-day to live that value? I think the closer you can match your own personal values to the actions that you perform in your day-to-day life, that is a mark of personal success.
  2. Try challenging some of your own ideas of personal success. Are your ideas of personal success different or the same from those that you received from growing up, from your parents, from other influential sources? are there versions of success that you are finding your life that deviate from some of those messages that were given to long-ago?
  3. How do you experience personal success on a day-to-day basis? what are those ” little victories” that you experience all the time? They may not be having sixpack abs or a six-figure salary, but they may be significant when you put your every day up to a microscope.

Men should challenge the very idea of what it means to be successful, and challenge the inner self critic that berates and defeats them while they’re striving for more success. Often times, we strive for achievement of personal success based on outside opinion, whether from peers, family members, our spouse, or the media. Learning to challenge those definitions of personal success, and learning to turn inward and define ourselves as successful in whatever way is right for us will make a difference in how we define ourselves as successful.


 

The Psychology of Not Enough Money

Monday, July 5th, 2010

With the recession still in tow, there’s a plain reality to not having enough money. It seems like everyone’s still suffering in one way or another – or knows someone who’s hurting financially. Not having enough money to pay your bills is a stark reality, but we’re looking at something deeper today: the psychology of not having enough money.

Feeling deprived, we sometimes slide into a state of feeling like we’re constantly not having enough money.

Our money behaviors don’t always match what we value about money in general. The way we spend money doesn’t always synch up with our belief about saving, not not spending. When we get to feeling deprived about not having enough, there’s a gap between what we are feeling, and what we’re doing in the world. For example, when times are tight, it’s difficult to differentiate between “needs” and “wants”; often times, we have a very skewed reality of the things that we truly need. Modern lifestyles dictate that we “need” much more than we really do.

Almost certainly luxuries, we tend to integrate certain lifestyle choices into the “need” category, even though they really aren’t: expensive data plans for our iPhones, weekly movies, Starbucks lattes, and a host of other things that we’ve slowly assimilated into our lifestyles. These “little luxuries” are certainly great to have and consume, but they add up, and they distort our realities when we start to embrace negative thinking and feeling about not having enough money in our lives.

If we can learn to slim the gap between what we spend, and what we truly value, we can learn to save without consciously trying to create a budget for ourselves, as budgets don’t always work for people. We can learn to spend more in alignment with what we truly value in our lives, such as good health, family, valuable experiences, as well as cover the basics for food, shelter and clothing. We can take the “edge” off of the psychology of not having enough money, simply by maximizing the experiences we do choose to spend money on by aligning our spending with our values, or the things that really do matter to us.