52 Simple Ways to Manage Your Money – 2. Let Money Work For You
A Weekly Journal & Workbook to Help You Take Real Control of Your Money
What it is …
An effective relationship with money which stems from the belief that you can create your financial future and consistently engage in sound financial decision-making. The essential ingredient is the development of a high level of consciousness regarding the way you use money and the way you w ant to use money.
How it helps…
Gives greater control of your destiny.
Enhances your understanding of your actions and their importance to you.
Assists you in making decisions based on sound judgment instead of being driven by emotion and wishes.
Key items to look for …
Watch spending patterns, designs that emerge from your savings preferences, and any repeated misrakes.
Time …
Half an hour to set up.
Fifteen minutes as needed, as a reminder.
Keys to action…
Review your “Net Worth” Statement, n Analyze your spending patterns.
SET IT UP
Set aside time to think about this subject when you will not be interrupted.
STEP ON IT
Honestly review your major decisions regarding money. Try to recall the circum-stances and how you felt at the time.
STEP ON IT +
When you are comfortable doing so, review your money mistakes and discover why they did not turn out better. Acknowledge your responsibility in the matter.
Notice…
How you have dealt with money in the past.
How you feel about money.
Your criteria for making financial decisions.
But what if
Money hasn’t worked well in my life?
Take action to change.
Thought primers…
Having money work in my life means…
If I changed my financial life significantly from the way it is now…
If it turns out I can create my financial future…
If I used money as support…
If I had more money than my parents…
The good thing about keeping myself in the dark financially might be…
