I will be the first to admit that I have had unhealthy beliefs about money. I have felt guilty that I have money and others do not. I also have given too much power to money. It was not until I started to look closely at my relationship to money, that I made shifts in my beliefs and behavior in order to better serve myself, my relationships, and my present and my future.
One of the new ways I am viewing money, which is serving my much better, is that money is a tool; it is something available as a resource. I work to avoid giving money too much power and yet I plan and am aware of my current outflow and inflow of money.
I have started to embrace simple rules for myself. Feel free to try them out for yourself if you wish.
- KNOWLEGE not MONEY is POWER. Know your money situation inside and out.
- Spend LESS than you make.
- Give back to CHARITY when you can.
- Evaluate at LEAST once a year your thoughts, attitudes, beliefs, and anxieties around money and see if you need to modify, change, drop, or increase any of them.
- Money CAN NOT buy happiness. (Just ask the power ball winners.)
- Borrow ONLY what you know you can repay.
- Plan in “FUN” spending.
- Do PLAN for your financial FUTURE.
- Make MORE money. We can either spend less or make more. Why not make more $$$$?
- Get comfortable TALKING about money.
These are just some of my money management ideas that are serving me well in 2013.