Many of us have an unhealthy relationship with money.
We misuse the money we have, perhaps by spending too much of it on frivolous things. We let it control us as we live lives based purely on monetary gain and trying to achieve the nicer things in life. And some of us neglect it; failing to make time to build our relationship with money because we don’t think that it should be a priority.
And guess what? Our relationship with money is similar to the relationships we have others.
We can misuse people. We can let others control us. And we can neglect the people closest to us.
So, in the same way that we need to improve our relationships with others, we must also improve our relationship with money.
Of course, we’re not promising that these tips will turn you into one of the wealthiest people in the world but it’s certainly a step in the right direction! So, here’s how you can improve your dealings with your finances:
1. Respect the money you have
Don’t take the money you have for granted. Look at the money you have in your pockets and bank accounts, and treat it with respect. Make efforts to save rather than squandering it. Give it room to grow, perhaps by finding ways to invest it. And put it to good use on the items you value in life, rather than spending it on anything that won’t make much of a difference to you. By respecting money, you will improve your relationship with it. Treat it well, and as with the people in your life, it will treat you well in return.
2. Stop money controlling your life
You might assume that your happiness level is based purely on how much money you have in your bank account, and so rather than being content with what you have, you might do all in your power to make more money.
You might let it control your decisions; perhaps giving it more power over your life than it should have. And the more that money dominates you, the less time you will spend appreciating what you do have. You will work overtime to increase your finances, and that will sometimes be at the expense of your health and family.
You will falsely assume that you are what you earn, and you will show off your wealth with the clothes you wear and the cars you drive. It will become your master, and you will become its slave. See the problem? So, don’t let it control you. Come to the understanding that life is more than what you earn. And when you stop allowing money to dominate your every thought and action, you will start to develop a healthier relationship with it.
3. Make time for the money in your life
Don’t tell the money in your life “I will deal with you later.” If you neglect it, you will never develop a healthier relationship with it, so pay attention to the money you have, and treat it with care to improve your financial situation. So, you might read books on improving your finances. You might learn how to budget the money you have. And you might consider distance learning AAT Courses so you can better handle the money in your life. By making time to improve your relationship with money, your future together will be a richer one.
Today then, as you would do with the people in your life, take steps to improve your relationship with money. Your life will be better for it, in all of the ways that we have suggested in this article.
Take care, and thanks for reading!