You can very easily sabotage your relationship with your money. In fact, it’s easier to sabotage this relationship than it is to build your relationship.
A lot of the time, you sabotage your relationship with your money unknowingly because those are just the habits you have built around money while you were growing up. These habits just become your second nature, so the sabotage does too.
How do you know when you are sabotaging your relationship with your money?
The easiest way to know you are sabotaging your money relationship is when you are really unhappy with your current financial situation. Money disappears faster than it comes in. You have little to no savings and lots of debt.
There are 4 easy ways that you can sabotage your money relationship while you are building it or even before you start to build it.
1. Spend more money than you make.
This is what the majority of our society does because we want things that we don’t have the money for right now. And the credit card companies, banks and a lot of our stores know that consumers will use credit, so they take advantage of this. The best way to combat this is to save your money for something you want to buy and don’t buy what you want until you have the full amount saved.
2. Don’t create a plan for your money.
Creating a budget or a spending plan is highly recommended to help you create a plan for your money. Right here is my post to help you create a spending plan.
By creating a plan for your money, you know how much money you have left after paying your bills and your savings each month to spend however you wish to spend it. And it can be as easy or as complicated as you want it to be.
3. Fail to create a savings plan for your future self.
You want to retire, right? Or if you are okay with working until you pass away, then don’t worry about creating a savings plan. Most people that fail to create a savings plan usually spend more money than they make or are living paycheck to paycheck. You can improve both of these – spending more than you make and ending living paycheck to paycheck – by building your relationship with your money.
4. Hide in a cave and don’t be open to learning anything new.
A lot of people think that after you leave college (or high school), you don’t have to learn anything new. It’s actually much more important to keep learning after you leave school than during school. Most of the stuff you can learn after school, you don’t learn in school. You don’t learn about investing, creating a budget, spending money, buy a house or a car, etc. It’s up to you to learn this information on your own.
So are you ready to stop sabotaging your relationship with your money?
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About the Author | Clarissa Wilson
Clarissa is a money relationship coach and an online business bookkeeper who helps women build their relationship with their money so that they never have to rely on anyone else for money in their life. Wealth consciousness and working on it daily as the way to help you improve your relationship with money every day. When you check out the books being reviewed here, you can easily start to work on your wealth consciousness regularly.