All negative thoughts about money accumulate into fear that impedes our progress in life, and it is time to get rid of them, here are the steps to achieve this.
In her article published by the American RealSimple website, writer Laura Stadarus said it is easy to have a tumultuous relationship with money, regardless of what you earn or have.
Financial resources are a controversial topic, and many unfounded myths often revolve around it, such as that the rich are evil and the poor are lazy, and these ideas make us believe that money is one of the volatile things in our lives, and that some are more proficient than others in earning it.
Ultimately, all those negative thoughts turn into a fear of money.
Regardless of the extent of our relationship with money deteriorating, we can improve it and form a mentality that will help us increase our financial security, confirms the author, who reviewed the opinions of a number of experts.
Money has nothing to do with good and bad
You need to be cognizant of the fact that money is nothing but a means of purchasing goods and services, just numbers on a computer screen, and it is an ethically neutral tool for exchange.
It is what we do with money that creates the meaning.
Jane Sencero, author of You're Bad Money, Get Rich Mindset, admits that believing she couldn't make money made her feel bad about herself.
And Sencero confirms - according to the author - that money was one of the most frustrating topics for her, and the biggest failure in her life.
Although she was suffering from constant financial problems, these challenges were among the factors that motivated her to change her mindset and start making money.
Sencero adds that she was certain that she could do better by giving up on accepting the situation in which she was living that was not satisfactory to her.
You have to set dates to verify your accounts and make sure what you make money and what you spend (Shutterstock)
Write a letter to the money
Accepting that money is just a value-neutral tool would be a good start to changing your idea of it.
To get to the real reason behind how you feel about your monthly salary, Sensero suggests writing a letter to the money.
Although this practice may seem a little strange, it can allow you to honestly express your true feelings about money.
And Sensero remembers that when you write down all of the thoughts that blow your mind, you will see all of your beliefs on the page.
This will enable you to see all the pros and cons of your thoughts and check the efficacy of the decisions you made regarding some financial issues.
In this way, you can incorporate your perceptions, create new beliefs, and adopt new practices that will help you reprogram your thinking.
Invest in educating yourself about money
Repairing any type of relationship requires specialized knowledge, that is, you can hire an accountant or even a professional trainer or read books written by experts on the topic.
All of this will allow you to have the support of another person.
In other words, there will be another person by your side to guide you on the right path when you are motivated by your emotions.
This approach worked for Sensero, whose books praise the value of hiring someone else rather than relying on your own knowledge.
"I was so serious about it that I did it all. I read self-help books and all the money books," she says.
"The first thing I did was really pivotal, as I made a decision to focus on making money. I said I don't care what anyone says, I will do it. Then, once I made that decision, I started reading books about how to make money and about awareness of wealth," Sencero added. I went to every money-making seminar, hired trainers, and enrolled in any type of program that has anything to do with organizing financial matters.
"I think all financial recovery work is about helping people meet their true needs and desires ... and creating a plan to meet those needs and desires in the present, as well as preparing for the future," said Dana Conley, a certified financial recovery consultant.
Conley advises people to see how their financial situation has been affected "by their family history, culture and religion, just by the different experiences they have had in their lives. And to look at what they are spending, not just their money ... but their time and energy as well."
Set dates to verify your funds
Even if you are only able to check your bank account or check your credit card details for a few minutes every week, stick with it.
Connelly sees this practice as the start of a lifelong habit, which allows people to question the beliefs, attitudes, and behaviors they have about finances, and begin to track how their money is really spent.
"You can actually get people to start creating a concrete business plan," Conley says. And we usually try to do that because we want to create momentum and we want to get people to have a habit of tracking their money that they're making and spending. We want to get this early because clients might just be busy working on it. Family history, but they're not actually doing any of what I call 'outside work' to manage their money and make some change. "
(Reuters)
Start a regular savings plan
The author mentioned that many people are concerned about unexpected expenses that could ruin the budget.
In this regard, Connelly proposes to initiate an automatic savings plan.
Having a safety net will become a habit, and being able to afford a new computer or a surprise dental intervention will provide you peace of mind.
"If it is only about the personal side, we need to make sure that their income covers all of their expenses and that they are really spending their money in areas of value in their lives," says Conley.
"We can start saving the money that remains at the end of the month for those non-monthly expenditures that appear, perhaps quarterly, twice a year, or annually," she added.
And she continues, "Taking the time to identify those expenses and then start saving part of them every month will make people make progress, and this will also help them stop using credit cards to pay for sudden expenses."
Remember why you are doing this
Conley believes, "Everyone has the capacity to do this, and I also know that everyone has very different conditions in which to live. Some have privileges and some are not lucky at all, so I don't think everyone is equal."
However, it focuses on things that we can change in our individual attitudes, such as our self-talk and our behaviors.
The author explained that despite our good intentions, it is difficult to change our behaviors, especially if the previous behavior provides any form of positive results.
Nothing changes without a stronger impulse than a recession.
Think about why you want to repair your relationship with money.
Are you saving up for a vacation?
Or to buy a home?
Whatever the reason, this is your guide star.
Write in your journal about this topic or tell a friend who can keep you accountable. As Sensero notes, improving your relationship with money is difficult, but the mindset of abundance is open to anyone willing to work for it.