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How I Developed a Healthy Relationship With Money

How I Developed a Healthy Relationship With Money

How I Developed a Healthy Relationship With Money


I’ve always been a fan of money. It’s something that we all deal with, whether we’re rich or poor. But the way you approach your finances can make all the difference in how well you do. And just like any other skill, developing good financial habits takes time and effort—and sometimes even some trial and error! So if you want to learn more about how to manage your money better, read on for my tips on how I developed mine over time, here is our guide on How I Developed a Healthy Relationship With Money:

Pay off your debt.

Once you’ve established a healthy relationship with money and have a fair amount of it, the next step is to pay off your credit card debt. While this may seem daunting at first, it’s actually very simple. Make an appointment with your credit card company and ask them to reduce the interest rate on all outstanding balances. They’ll be more than happy to help you out!

If paying off student loans seems like too much of a challenge for now (or if paying down other types of debt isn’t realistic), consider working side gigs like tutoring or freelance writing as extra income sources until circumstances allow for something bigger—like buying an Eames lounge chair from Restoration Hardware or refinancing one of these debts into something more manageable in size and interest rate

Learn to manage your money.

To manage your money, you need to learn how to track your expenses. There are many ways of doing this, but if you’re not comfortable with using a spreadsheet or pen and paper, there is another option: budgeting apps. These allow users to set up monthly budgets and track their spending in real time. They also provide a way for consumers like yourself who aren’t as tech savvy (or don’t have access) can still use these tools effectively!

Embrace budgeting.

The first step to having a healthy relationship with money is budgeting.

Budgeting is about being in control of your finances, being aware of what you spend and where it’s going, planning for the future and saving money. It’s also about prioritizing needs over wants and setting goals for yourself that are realistic but challenging enough to make sure you don’t give up too soon (or never).

Try and save for a rainy day.

It is important to have a safety net. If you are worried about the future, it can help you stay calm and alert. You should also try to save for a rainy day that might come up in your life. For example, if something happens at work and you don’t get your salary for several weeks or months, it would be good to have some savings so that when things calm down again and things start going well again (you’ll probably get paid), it won’t leave such a big gap between where you were before being laid off and where now without enough money coming in each month.

Don’t be scared of investing.

Investing isn’t a get rich quick scheme. It doesn’t guarantee you’ll become a millionaire, and it’s not the same as gambling. Investing is an important way to grow your money so that you can live the life of your dreams.

Don’t be scared of investing! Your first step should be getting familiar with the basics: how much money you want to invest, what type of investment vehicle best fits your needs (e.g., stocks or bonds), whether or not there are tax implications for any investments made within this year (if so, what kind), etcetera…

Set goals for the future.

Setting goals is one of the most important things you can do to build a healthy relationship with money. Goals are what make up your life, so it’s critical that you set them in order to achieve them.

How do you set goals? Well, there are several ways:

  • Write down what you want in three paragraphs (or fewer). This can be any goal from “I want to run the Boston Marathon” to “I want to become a millionaire by age 30.” It doesn’t matter how big or small your particular goal is; just write it down! The more specific and concrete it is, the better—even if that means writing about an event instead of an idea like “I will get my first job at Google” or “I will start saving for retirement by next year.” Just get started by getting out those words on paper!

Don’t let money stress you out when there are so many ways to take control of your finances.

As you can see, money stress is a real thing. It’s not just something that happens to other people and then they move on with their lives. You actually feel it too! The good news is that there are many ways to take control of your finances so that money no longer controls you.

The first step in developing a healthy relationship with money is knowing where you stand today—and where you’d like to be in the future. Once you have an idea of what sort of person or situation makes sense for your life and needs, it’s time to start taking steps toward achieving those goals by making some changes in how we think about and deal with our finances:

  • Be honest about how much money each month goes towards bills (including mortgage payments) versus saving up for big purchases down the road. This means being transparent about all aspects of spending habits. It includes all those investments which may seem insignificant at first glance but really add up over time. Such as trips out alone every weekend instead of seeing friends once every two weeks;


In the end, money is just a tool that we use to make our lives better. We all need to learn how to use it wisely and enjoy the process of working towards our goals. There are many ways to achieve this; from saving up for rainy days and investing in stocks, bonds or mutual funds through retirement accounts like 401(k)s or IRAs (or even high-yield savings accounts). Don’t let money stress you out when there are so many ways to take control of your finances!

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