Are You Cheating Yourself Out of Riches?
It’s said that money makes the world go round, and while it won’t bring you ultimate happiness, you do need enough of it to survive! Money management can be tricky, but you can save yourself years of bad decisions and financial loss by taking proactive measures and avoiding monumental mistakes. Let’s look at a few biggies now!
Carelessness With Debt
It’s hard not to accrue at least some debt in the course of our lives: college loans, home mortgages, car loans, unexpected medical expenses, etc. How you care for your debt, though, makes all of the difference. Don’t ever agree to exceedingly high interest rates. Commit yourself to paying off your principal amount at as fast a rate as is reasonably and comfortably possible. The worst thing you can do is ignore your debt situation, letting yourself coast for years on minimum payments, and never researching better interest rates.
No Emergency Fund or Savings Plan
Regardless of the amount of your bills and debt, always save something for yourself in case of emergencies, and with an eye on the future. Not having a financial safety net means that if and when a financial disaster strikes, you have no way of solving the problem without causing yourself even greater financial harm. No savings account also means you are not planning for the big life events such as weddings, children and retirement. So do yourself a favor and start socking it away, even if it’s just a little per week.
“Being honest with ourselves about our own relationship with money allows us to stand back and gain more clarity when it comes to money issues with our partner.” – Psychic Quinn ext. 5484
Not Tracking Finances
Managing your money requires constant upkeep. If you never balance your checkbook or check your online statements, you are on the road to financial disaster! Checking in on your account keeps your spending habits under control and gives you the information you need to determine whether or not a change is required.
“When it comes to your paycheck/money/finances, instead of thinking: ‘That’s not enough,’ think with the attitude of gratitude by blessing what you’ve got. Soon, a greater flow of money will come to you.” – Psychic Kallista ext. 9623
In a marketing and advertising world focused on buying a multitude of products promising a better lifestyle, it’s so easy to emotionally spend. You need to ask yourself if your general purchasing habits are based on real needs, rather than desires. While it’s ok to splurge on certain things (if it’s in your budget), buying everything in sight that temporarily fulfills some emotional void will only leave you burdened with objects having no real emotional sustenance!
Want a money forecast? Call astrologer Psychic Joyce ext. 9598 today!