Whether we like it or not, money is important. It affects our quality of life, opportunities for our children and will decide how we spend retirement. For most of us, money is also a constant source of stress–either we don’t have enough of it, don’t know where it goes, prefer not to think about it or some combination.
The problem isn’t a lack of information. We can search Google for hundreds of personal finance websites. We also know the basic rules of money: Live within your means, save for the future, reduce debt, etc. So what’s the problem?
Think about your financial struggles. What issues do you consistently have? What contributes to these problems? Maybe some of us learned bad habits growing up, maybe we let our emotions control our spending or maybe we just look the other way and hope for the best.
Whatever the issue and no matter how bad our financial trouble, we can turn things around to improve our financial situation. To do this, it’s important to 1) acknowledge we have issues with money, 2) decide we want to improve our money management skills and 3) commit ourselves to doing better in the future. Our goal is progress, not perfection.
Our goal is to get our finances under control, make money management easier and develop a better understanding of our situation and how to improve it.