I don’t know of anyone who doesn’t have a money problem right now, In this economy, even the wealthy are wringing their hands because their massive investments (especially in the market) are beginning to slide again.
I wouldn’t know. I’m only guessing. But I rode World Com stock all the way to the bottom several years ago and believe me, it was sickening, even with my pittance of shares.
Remind yourself that money problems happen says Karen Lee in her book “It’s Just Money, So Why Does It Cause So Many Problems?”
“They just happen. To everyone. And maybe you didn’t have many great role models to show you how to manage money. Like anything, if you aren’t provided the right training, you can’t know how to perform a task,” she notes.
Make a plan and get into action.
Here’s where you hit the pavement and roll up your sleeves. Writes Lee: “Remember, this will not be easy, and it will not happen overnight. You will have setbacks. Remember that a healthy relationship to money is analogous to diet and exercise. The crash diet never works, but the lifestyle changes that are forever do work. When you cheat on a diet, it’s not wise to throw in the towel and give up. Try to get back on your plan the next day. Changing money habits will be a similar journey. Two steps forward, one step back. DON’T GIVE UP.
I have to be honest. I always get a tad annoyed when people say this. Like the book, “The Secret.” Visual dollar bills and your wallet will suddenly burst at the seams.
Lee relates a story about a woman who practices this religiously, and it works. Checks are mailed to her out of the blue. A tax return arrives for like twice the amount that she paid! A relative’s estate willed to her, even though she has never met him. Weird, eerie stuff. I do think imagining a state of freedom not only relaxes your muscles but gives you a vision that you can try to work toward gradually.
Imagining a state of mind without money problems makes you want to get there all the more.