ARE YOU IN CONTROL OF YOUR MONEY, OR IS YOUR MONEY IN CONTROL OF YOU?
What’s the one thing that you probably should have control over, but don’t? Some of you might have answered: The urge to eat chocolate chip cookies. — and that’s OK! However, some of you might believe that Saving money is something you don’t have good enough control over. The reasons for this are complicated and differ for everyone.
MONEY MINDSET If you were asked to finish the sentence with the word or phrase for “Money is _____,” how would you finish it?
BE GRATEFUL FOR WHAT YOU HAVE
Nothing is worse than constantly admiring how much money or material goods other people have because before you know it, you’ll be purchasing things not because you need it, but just to keep up with the Joneses.Â
BE ATTENTIVE TO YOUR OWN FINANCES If you happen to have a spouse managing your household finances, or a financial planner managing your retirement portfolio, it’s important to take a deep dive yourself and analyze your household income, expenses and even trying to understand your own retirement portfolio.
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Happy Saving!