Welcome to the first day of the 2016 January Money Diet. This year, we embrace our new dieters and say hello to many repeat dieters who have participated before. Our community includes money dieters in the U.S. as well as in Canada, Germany, Norway, Denmark, the Netherlands, the U.K., and Australia.
Best of all, we have YOU. I’m so glad you’ve joined us.
For the next 31 days, we’ll be joining hands and making a commitment not to spend cash on anything but essentials. We’ll encourage each other, cheer each other on, and share lots of ways to live large without spending. At the end of the month, we’ll each do something extraordinary with the extra money we’ve saved.
Let’s jump right in, shall we?
Today’s post includes the first of 5 challenges that will help strengthen your relationship with money. If you choose to try these 5 challenges, you’ll be automatically entered in a giveaway for prizes including cash, financial books and more.
The Paradoxical Link Between Giving and Receiving
Prosperity and giving are connected in a beautiful way. It might not make logical sense, but the more we give away, the greater abundance we experience. We receive more, and then we can give away even more. In the process of sharing with others, we also feel happier.
In a month when many of us feel squeezed after the holidays and anxious to get back on track financially, it feels almost counterintuitive to start by giving more. And yet, because I’ve experienced this wonderful paradox in my own financial life I know that giving generously this month will unlock amazing things for each one of us.
The age-old principles of sowing and reaping are the yin and yang that bring balance and joy to the way we manage money.
Here is your first challenge, which you can work on at your own pace throughout the month.
January Money Diet Challenge #1: Give 31 things away.
During this no-spend month, look for opportunities to share your abundance with others.
Some of us may choose to give away 31 things we no longer need — perhaps items like clothes, furniture, coats, dishes or other items that would bless another person. Some may prepare a hot meal for someone, or send a thank you note, or teach someone a skill, or babysit, or listen, or give a back rub, or shovel a snowy sidewalk, or pass along a book. What you give is completely up to you.
Be on the lookout for unexpected gifts and blessings that come your way this month, too. I encourage you to return to this page and leave comments about the 31 gifts you give, and your experiences of both giving and receiving. I can’t wait to hear your stories!
Each of you who participate in Challenge #1 and comment on this page will also be entered in a special drawing for a copy of one of my favorite books, A Simple Act of Gratitude by John Kralik. It’s the inspiring true story of a man who transformed his dreary life by writing and sending 365 thank-you notes — one every day to a deserving person, for a whole year.
I’m excited to share this journey with you, and you’ll be hearing from me again tomorrow.
Until then, enjoy this New Year’s Day and the promise of a fresh financial start in 2016.
Grateful thanks to Jirka Matousek for the use of his stunning Pingxi Sky Lantern Festival photo.