So much has been written about budgeting. Too much advice and tips have come to our attention. But the thing is, are you really following it? Have you put your heart and soul in your budget plans? Here are some helpful tips to make your relationship with money easy.
Know the exact amount of your earnings. If you know exactly how much you are earning, you will have an idea on how much money you just have to spend. Find out how much you need for your day to day expenses including loan payments
Write everything.. Food, rent/mortgage, car repair, loan payments, gas allowance, electric and water bills, etc. This way you will find out which is higher in value. Live the belief that there will always be enough of everything. Subconscious makes big decisions. You want to start training your mind.
Create a budget. Is your income enough to cover all your expenses? If not, cut out on expenses that you can. Living within your means is the key to financial success. Create a budget that will suit your income. Don't forget to include savings in your budget. It could be as little as $20 every payday. Don't make the usual mistake of other people in budgeting; what others do is like this:
Income - expenses = savings
Don't you think it would be better if you do it this way?
Income - savings = expenses
Include yourself in your budget. Once in a while you will need to relax and have some fun. Bring the whole family to a vacation or treat yourself to a home service SPA. There is nothing wrong with this as long as you stay within your budget.
Work the budget and be aware where your money goes. When people think of budget, what they see are pain and restrictions. Just like a diet. Do you realize what happens with most diet plans? They don't seem to work for a long period of time! If you implement a budget that is too restrictive on your spending, I am almost 90% certain that it will not work. However, if you need to put a restriction in some areas, it will take some time of adjustment to this.
Remember your goals so you will have the courage to stick to your budget. Think instead of the satisfaction you get when you reach those objectives. When a spur of the moment purchase attacks, get more pleasure in knowing that you are reaching your budget goals.
Money Circulates Freely. Believe that money is circulating freely in our lives if only we know how to manage it properly. What I am trying to point out here is that, do you really know what you want in your life? Are you willing to create that kind of life for you?
Gone are the days of believing that only the rich have special powers. What we must learn is what drives the rich to success. I believe that to be successful, someone has to be energetic, willing and focused. It is not about the right timing, right place, or mere plain luck. It's all about attitude and mindset that we have concerning our financial lives.
Believe that you can be financially successful. This is the most important thing. Set aside the myths and wrong beliefs that money is just made for other people to enjoy. Forget about the breakdowns of yesterday, start living TODAY. Move forward one step at a time and financial success will be yours.
The truth is; all of us possess what it takes to be financially successful. Oprah and Bill Gates are already there and yet they still don't have all the money. Both of them are very successful at being themselves. Therefore, if we are all good at being ourselves, we also have the potential to be financially stable.
Remember, you have what it takes to make things happen. Develop that relationship with money. You are the one with wisdom so it's you who will control money, never let money control you.
Go forth and be abundant!
What you can do to make and keep wealth is dependent upon your connection with money. Similar to anything else, money is a kind of energy which can be drawn to the power that's like on its own. Your relationship along with anything establishes the amount of that thing you might be bringing in or rejecting.