When it comes to managing money, there are certainly some technical skills and principles that are needed - and I'll continue to share some of those each week. But much of actually managing our money, once we get past learning some of the basics of budgeting, investing, spending, etc., really comes down to attitude and discipline.
Our attitude towards money reflects how we view it. Do you save out of fear for not having enough sometime in the future? Or do you spend in search of feeling happy right now? Hopefully, you're somewhere in between and can develop a healthy view of money as a resource, not a goal.
Discipline is often the hardest part. Setting up a budget, a savings plan, or a debt payoff plan can be simplified with a little advice from someone in finance or banking. But once you have the budget, can you stick to the plan? Can you forego eating out for lunch that many days? Can you make coffee at home and save that $5? Can you payoff that credit card bill instead of ordering concert tickets?
What's your current view of money?
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