This post is part of the Work from home with Success series.
It is important to work on yourself, develop your mindset, and educate yourself. Money management is one critical thing for your success.
Why learning to manage your money is so important?
- You will be able to stop overspending.
- You will be able to prioritize and do what’s most important to you.
- You will be able to track your expenses.
- You will be able to plan your future.
- You will be able to live a less stressful life.
- and much more
How does that sound to you?
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Limiting belief about money
Let me share one of my own limiting beliefs with you and this is how I have been behaving in the past.
I was thinking that people who have more money, had more money.
This is partly true, but think about it when someone has little money, they spend it all. Maybe there is reason for that 🤯, but many who have more than enough spend everything, take a lot of debt and live paycheck to paychek so to speak.
What will happen when they get more of it? They spend it all.
As example we can use celebrities and athletes who earn millions as young in their few years career and blow it up on the lifestyle in few years.
What they don’t understand is they have to take good care of their money and let it grow instead of throwing it around like a garbage.
This way money can help them as a servent.
If someone has learned how to manage their money, they will manage their money no matter how much they have when they are starting out.
You can start from the spot you are in.
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It is the only spot you can start from.
It is not about the money, it is about money management. Even one penny saved consistently makes a difference.
Jim Rohn has a few quotes I’d like to share with you.
“If someone hands you a million dollars, best you become a millionaire, or you won’t get to keep the money.”
“You can’t help the poor by being one of them.“
Conclusion
Work on yourself, develop your mindset, and educate yourself. Learn to manage your money, not spend it all.
It is not about how little or how much you have. Make sure that you save for yourself something. Even a penny is more than nothing.
Learning to manage your money is one part of becoming successful and being able to keep money and use it wisely.
Here is Video on exactly what not to do, I Love Shania Twain!
And here is one of my favorite Youtube channels that helps to Organize your money.
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