What is the best way in which you can boost your relationship with money? The answer will be similar to how you would go in improving any relationship – through love and only love! Unless you’re willing to love your money through thick and thin, you won’t be able to build a relationship with it. Love is not just an emotion but it is also an intention and a behavior. Just as our relationships keep growing, our relationship with money will also improve.
There are many who don’t even realize that they share a relationship with money. In fact, for many, the word ‘relationship’ and the word ‘money’ are not in the same galaxy. Nevertheless, if you’re eager to improve your relationship with money, here are few tips that you should keep in mind.
#1: Pay close attention to money
When your near and dear ones come into your room, do you acknowledge them? Even when you’re extremely busy, you still pay attention to them. Would you ever roll your eyes on them and tell them that you will deal with them later? Similarly you should also deal with your finances without delaying it for later.
#2: Take out time for your finances
Unless you have enough time for your personal finances, you will never be able to develop a good relationship with it. When you’re in a relationship, don’t you invest time in going out for a date night? Just as you would, similarly you should even give in time for your finances. Whatever you inspect, you should respect this and this is the way in which you can boost your competency.
#3: Prioritize your finances
As we grow older and our lives gradually get fuller, we require deciding the way in which we spend time. Whether this is unconscious or conscious, the priorities design our personal value system. In case you wish to set your priorities at the right level, you need to give in your best to give finances your top priority. In case you had taken out Northcash installment loans online, paying them back on time would be your first priority.
#4: Celebrate whatever good you do with money
When you achieve some goal with your personal finances, you should always reward yourself for the deal. If you had been saving for a short term goal and you’ve achieved that, you can always reward yourself for achieving that goal. Do you ever tell your kid that you won’t give him a chocolate even after he fares well in his exams? Sure you don’t. You should therefore be able to expect even more in your near future.
#5: Don’t blame things on your bad mood
If you’re someone who is impulsive enough and who loves to spend money when you’re in a bad mood, you shouldn’t blame your bankruptcy or indebted life to your bad mood. Money can never be the reason behind your bad mood but it is rather your perception of the entire situation which leads to the pain and fear. When you think you’re not being able to handle your money, you have to stop to think how you got to this place. Start understanding your triggers.
Therefore, now that you know the ways in which you should handle your finances, follow them in order to stay at the pink of your financial health. Seek help of a professional to ensure you’re on the right track.