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How Not To Let Money Control You

Posted by Meredith Rines Posted on Jan 11 2016

 

Money can be a great thing.  It helps you keep your heat on in the winter and your AC in the summer.  It fills your grocery cart with food for your family and your gas tank to get around.  However, it’s easy to let your money control you. 

Your financial situation can become all-encompassing if you let it.  There are tips that I’d like to pass on to you that will help you become the boss of your money. 

1) Budget your money.  I am a firm believer that everyone should have a budget.  Having a money-guide will help prevent you from overspending.  You’ll be able to put some away for a rainy day and prepare for your long-term goals. 

2) Have a weekly money date.  Each week you need to sit down with your check register, bank account and your budget.  See where you stand for the week.  Do you need to cut back?  Can you a little more into savings then you thought?  If you aren’t present with your money then you’ll miss out on opportunities.

3) Build your support team.  It’s imperative to surround yourself with people that want to see you succeed. Pull your spouse in or someone that’s important to you.  Make sure they have the same mindset you do when it comes to money.

These are some of the great steps you can take starting today to really get control over your money.  If you need help, please give us a call at 573-686-3053.