Kick goals with your own ‘Financial Vision Board’

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   Ever heard of the saying "a picture is worth a thousand words?" That's the power behind a financial vision board – a creative and fun way to represent your financial goals and dreams. Your own financial vision board can be a daily reminder of what you're working towards, helping to keep you motivated and on track… Ready? Let’s jump in!

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What’s a financial vision board?

The concept is simple. A financial vision board is a collage of images, quotes, and symbols that represent your financial goals and desired wealth. Looking to save for a home, go on a dream holiday, or start your own business? Your financial vision board brings these aspirations to life in a powerful, visual way.

Creating your vision board

First things first, let's gather your supplies. You'll need a board (cork, poster, or even a digital board), old magazines or printed images, scissors, and glue.

Next, clarify your financial goals. What would you like to achieve in the next year, five years, or decade? It could be anything from paying off a personal loan, saving for a car, or putting money aside for retirement. 

Once you have your goals, it’s time to find images and quotes that represent them. This is the fun part – let your creativity loose! As you arrange your images on your board, think about the feelings each goal brings. Placing a picture of your dream home on your board? Imagine how it would feel to live there: this emotional connection can be a powerful motivator.

Staying motivated with your vision board

Creating your financial vision board is only the first step. The real magic happens when you use it to stay motivated. Here are some tips:

1. Place it where you’ll see it: Your vision board can't inspire you if it's hidden away. Place it somewhere you'll see it daily – on your fridge, by your desk, or as your phone wallpaper.

2. Visualise regularly: Take a few minutes each day to look at your vision board and imagine achieving your goals. Visualisation can help reinforce your motivation and commitment.

Update as needed: Your goals might change over time, and that's okay. Regularly review and update your vision board to reflect your current financial dreams.

Of course, your financial vision board is just a tool, not a silver bullet. But it can inspire you, motivate you and remind you of why your financial goals are important to you. And depending on your objectives, there can be different kinds of vision boards worth considering. 

Types of vision boards: Which is for you?

Your financial vision board can be as unique as your goals. Here are a few different types and how they may be used:

• Theme-based or goal-specific vision board: This type focuses on one specific theme – like financial freedom. If you’re aiming to improve your overall financial health, for example, your theme-based vision board could include images of a stress-free life, and words or quotes that inspire financial discipline. If you have a major goal, for example savinge for a new car, your board might include pictures of the car model you desire, along with images that represent where and how you’d use it – road trips, family outings, and more.

• Digital vision board: Do you prefer to go paperless? Apps and platforms like Pinterest, Canva or even a simple PowerPoint can be used to create a vibrant, easy-to-update vision board. Let’s say your goal is to save for an overseas holiday. You can use an app like Pinterest to create a board with images of your dream destination, the attractions you'd like to visit, the local cuisine you'd love to try, and even the amount you need to save each month to make it happen. The best part? You can update it easily as your goals evolve, and you can take it with you everywhere on your phone.

• Time-bound Vision Board: If you're working with a deadline (like buying a car by the end of the year or paying off a specific debt within six months), a time-bound vision board is a great tool. This could include countdowns or 'goal thermometers' to represent progress over time.

These are just a few examples. The beauty of a vision board is that you can tailor it to your specific goals, your preferences, and your creativity!

Disclaimer: Please note that the content provided in this article is intended as an overview and as general information only. While care is taken to ensure accuracy and reliability, the information provided is subject to continuous change and may not reflect current developments or address your situation. Before making any decisions based on the information provided in this article, please use your discretion, and seek independent guidance.