Money… something that I’m sure every single one of us thinks about at least once on a daily basis. Whether you’re finding new ways to earn it, making new plans to spend it or save it; money is on all of our minds (some more than others of course). What if I told you that your perception about money has a direct effect on how you earn, spend, and save it? If you find yourself living to paycheck to paycheck, unable to save, or find your heart racing at the mere thought of money – you have a scarcity mindset. In order to make a change in your life, you need to shift your mindset to one of wealth or abundance. Further, if you want to improve your finances you have to start by reprogramming your money mindset.
Did you know that roughly 40 percent of Americans have credit card debt? Even further, research shows that American households owe an average of $6,929 to the creditors. What’s even more interesting, is that as a society; we’re earning more but we also owe more! I think it’s safe to say, that when it comes to credit card usage, it can fast become a downward spiral, if you let it. Unfortunately, I am not an exception to this revelation. But instead of hiding under a rock, I’m determined to do something about it and eliminate, or for purposes of this post, slay my credit card debt – once and for all. Are you interested in becoming debt free? Keep reading to learn how you can eliminate your debt in 5 easy steps. Continue Reading
Money relationships can be complicated. If you could rate your relationship with money on a scale from 1-10, what would it be? If it’s anything less than an 8, you have some work to do. Having a healthy relationship with money is key to being financially stable. In fact, the way you relate to money has a direct correlation to the way you behave towards it. Further, your financial goals and how you use money are determined by your habits, thoughts, and feelings about money. So, if you want to improve your finances, you must first cultivate a healthy relationship with money.