Money is an emotional pin that can bust our bubble or make us feel like we are soaring above the clouds. It can make us feel safe, superior as well as entirely worthless. Our relationship with money contributes to our ability to earn well and fail miserably in maintaining a budget.
Many of us have a love-hate relationship when it comes to money. Depending on how we were raised, we can see money as the primary solution to all our problems or as a component in manipulating people through greed and power. The fact is, money itself has no agenda and how we use it or misuse it has a lot to do with our views on money.
To help you achieve specific goals in life, you will need to adjust your view regarding money, specifically if money is part of what will facilitate your goals. Here is a brief list of issues that impact our relationship with money, which should be recognized to improve our thinking.
- Make money work for you, this way it becomes a real asset.
- keep a money journal to help you track and understand your spendings
- Needing money does not make you evil nor greedy
- Money does have a useful purpose; therefore, wanting money does serve a purpose.
- Though at times you may feel wanting money, it is ok to have some
- It is ok to make money for your services or work
- Money is useful, but it is not the only resource available for solving problems
- Do expand your creative problem-solving skills to reduce your dependency on money
- Money is not the only tool for obtaining goals
- Design a budget since it will help you save and spend with purpose
- Spend money on things that bring you joy and not unnecessary debt
- Create a budget that includes essential bills as well as money for fun and savings.
- Create a list of available resources in your community and available online
- Learn to shop with purpose rather than out of boredom
- Learn to tap into available free resources to avoid unnecessary spending
- Having a little extra money in your pocket does not mean you have to spend it
- Shop with purpose rather than out of boredom
- You are not greedy for saving money
- Invest your money wisely, so work does not become the only sources for making money
- There is a difference between gambling and investing your money, become acquainted with investment choices
- Treat your savings like a utility bill. Instead of paying for an extra latte or movie channel, treat yours savings like a bill.
- Avoid emotional spending since it often leads to debt and unnecessary purchases
- When shopping for groceries, create a weekly menu with a shopping list.
- Create saving goals; this will allow you to assign your budget to something specific, which will reduce pointless shopping
- Budget for fun activities, this way you do not feel like you only work to pay bills
- Learn to take advantage of coupons when grocery shopping
- Buy what you need and avoid shopping just because there is a sale
- Eat before going grocery shopping to avoid overspending on junk food
- Do some research when buying significant appliances or big-ticket items to avoid over-paying
- Buy quality vs. quantity, since good quality goods last longer, which means less shopping for replacements
The list may not reduce all your issues with money, but hopefully, it will help you view things from a different perceptive.
Copyright © 2020 R. Castro
Useful Resources:
5 minute simply money meditation provided by:
Music created and licensed exclusively for Emily Rhinier/
Unlimited You Spoken words by Emily Rhinier (Unlimited You)
https://youtu.be/xUEFY4ubmWk
Holistic Coaching 