While some people seem to be naturally good at making money and using their money to their advantage, others tend to fall on the other end of the spectrum. So if you’re someone who feels like you just aren’t good with money, you’ll be happy to know that there are things that you can do to help heal your relationship with money.bbbb
To help you see how this can be done, here are three tips for creating a healthier relationship with money in your life.
Consider How You Think And Feel About Money
Before you can make any steps forward on your relationship with money, you first have to discover what it is you actually think and feel about money.
For many people, their relationship with money started when they were very little and watched their parents deal with money. But now that your parents are older and in senior living communities, it’s high time that you take a step back and consider how what they taught you about money has shaped you into the person you are today.
To do this, consider speaking with some family members about how they handled money in the past. You could also think about how you’ve responded to having or not having money in the past. With this knowledge, you should be able to determine where your starting point is in your relationship with money.
Put Your Priorities In Order
Now that you know how you feel about money and what financial hang-ups you might be fighting against, you can now put your financial priorities in order so that you can work toward having a good relationship with money.
One way this can be done is to think about where your money should go first. Consider both your needs and your wants. And when you get to your wants, make sure you’re allocating money according to how you actually feel about your priorities, not just how it might be easiest for you to spend your money.
Get A Clear Picture Of Your Personal Finances
For many people, it can be scary to get a clear picture of where their personal finances stand. But in order to have a good relationship with money, you have to know how much money you have and where that money is going each week or each month.
To help you in doing this, set aside time each week to check in on where you stand financially. This can help you stick to any budgets that you’ve created, see where you’re getting with your saving or investment goals, and just always know what is going on with your finances.
If you want to live a life where you finances don’t rule you, consider using the tips mentioned above to help you achieve this goal.