Simple Ways to Achieve Personal and Financial Confidence

Simple Ways to Achieve Personal and Financial Confidence

Simple Ways to Achieve Personal and Financial Confidence, Gaining confidence is vital to entrepreneurial success. Follow these habits to optimize your confidence.

As inflation rises, financial confidence declines. According to a recent New York Life survey, 62% of Americans are financially confident, down from 69% in January. Given the current period of high inflation, Americans are faced with more financial uncertainty than ever before. But how can we combat this?

In the spirit of regaining power in an economic market that can leave us feeling powerless, here are three great steps that can orient us toward a greater sense of personal and financial confidence:

    1. Make efficient decisions
    2. Follow through with a realistic plan
    3. Have the willpower to take control

As an investor, you cannot control the stock market or the rising gas prices. But you are in the driver’s seat with your self-awareness, self-assurance and self-determination. Confidence is about acceptance and belief in your strengths, skills and abilities. It is not innate; it can be grown and refined over time.

Simple Ways to Achieve Personal: Three Guiding Attributes that are Foundational to Confidence

Here are three Simple Ways to Achieve Personal and Financial Confidence . Building insight into these concepts can empower you to strive for financial freedom and help you thrive in all aspects of your life.

1. Self-awareness


Setbacks and obstacles are why we stop in our tracks, as we often focus on the negative outcomes which stunt us. To feel growth, we need to see and believe in our abilities to succeed and progress.

One technique to help attain self-awareness is journaling. It really can be as easy as taking a screenshot of something that elicits deep emotion for you or jotting down a memory or reflection. The goal is to connect with thoughts and emotions within us that we would typically move on from. When we journal, we give them space to develop.

Another technique can be as simple as setting a time every morning, even just one minute, to be reflective and set an intention for yourself for the day. You have to give yourself the chance to create this growth by taking proactive steps toward building your self-awareness.


As you gather more information on a topic, you acquire more knowledge. Still, when it comes to Financial Self-Awareness (FSA), it is a little less about financial literacy in general and more about your financial situation.

Take some time to jot down your past successes and failures with money; this will give you clarity on your “why.” Once you have reviewed and developed a deeper understanding of your financial history, you can move forward with making the necessary decisions to reach your present and future goals. This clarity and intentionality will assist you in building more confidence.

2. Self-assurance


This level of self-esteem is not built around knowing you are always right; it’s about being able to get up after you fall and still move forward. We all have strengths, so leverage them and ensure you are implementing them daily. We also all have moments of doubt, and we can move forward by harnessing the moments of assurance from revisiting our accomplishments. Accomplishments come in all sizes, so celebrate them and often remind yourself of your successes.


Historically, money has been a taboo subject, especially for women. I grew up thinking it was rude or inappropriate to talk about money. Most people don’t talk about it enough, which is one of the reasons why most people have poor money management skills. This then turns into shame and embarrassment, which can keep us from being honest about money and seeking the right help.

The more you talk about money, the more comfortable you’ll feel; consistency is essential. Having a simple ways to achieve personal financial plan might sound like a hassle at first. But it will save you from multiple headaches in the future. A financial plan gives you a goal that you can track and ultimately increase your economic confidence.

3. Self-determination


Determination is usually tied to actions requires steps to accomplish. This is precisely what self-determination is: building a set of skills to reach those goals.

What skills do you need to build on most? Here are a few to think about: Decision-making, problem-solving, goal-setting and self-advocacy. That people tend to be driven by a need to grow and gain fulfillment. Building life skills that escalate your knowledge allows for the independence you seek, and also increased relationships and interactions with others will lead to high self-determination.


Take control of your financial journey by allowing yourself flexibility. Confidence is about understanding your strengths and weaknesses, which change over time. It is okay not to be an expert in all things finance; there are experts in the field who outsource help from others.

According to a National Bureau of Economic Research study, nearly 80% of women struggle with low self-esteem and shy away from self-advocacy at work. This means four in five women may be held back in their career advancement by a lack of confidence and visibility. Let’s change these statistics and help each other increase our confidence. Remember that applying these steps takes practice. Start with what feels most comfortable and move on to the next.

Becoming financially and personally confident will enable you to trust your abilities to manage your wealth and life fruitfully. Once you deepen your self-awareness, self-assurance and self-determination, it will become phenomenally easier to make efficient decisions, follow them with a plan of action and move with conviction. While inflation creates uncertainty for many. Simple ways to achieve personal your financial confidence need not be wavered by outside factors.