What is your financial relationship with money?
IT is a strange question to ask yourself, as we all believe that money is a part of our everyday life. However, there are some good financial habits and also some bad financial habits.
These can be a product of our childhood or social interaction with people and ultimately our self-esteem. The question is how comfortable are you in making money, saving for your retirement, and having good financial sense in relation to the money that you are earning.
Behind bad financial behaviours are usually unresolved conflicts with family, feelings of unworthiness and low self-esteem. On the other hand, a child that has been raised to have high regard and high self-esteem will have no difficulty feeling that he or she deserves financial success.
Like everything else now that you become aware of it you can change it. The first step of changing any habit is to become aware of it.
We only have one life. It is not a dress rehearsal. Money will not buy you happiness. I believe everybody is aware of this fact. However, If you have bad financial habits it will be a constant source of strife and stress in your life.
The good news is that the power to reduce your stress levels is in your hands. Changing our bad financial habits to good financial habits will eliminate a lot of stress in your life.
I can only recommend that you view your financial life seriously. A financial plan will provide clarity and provide you with a clear roadmap of where you want to be. If you do this, you will greatly improve the relationship that you have the money and reduce the stress levels of having poor financial habits.