Does Money Control You?

10 Signs Money Is Controlling You:

  • You constantly worry about having enough money
  • You often wish you could buy more things
  • Your only goal in life is to get rich, but you have no realistic plan
  • You spend money to feel better
  • You blame others for your financial problems (government, spouse)
  • You judge people based on the amount of money they have
  • You take unnecessary financial risks and lose
  • Money controls your mood.

10 Signs You Are Controlling Money:

  • You decide what to buy, save for it and get it
  • You buy things that increase in value
  • You invest in yourself, such as more education or personal improvement
  • You keep your financial agreements
  • You have good credit
  • You pay your taxes
  • Each year, your earning power improves and financial worth increases
  • You use money as a tool to follow your dreams and reach your goals.

5 Ways to Control Money:

  1. Spend your money according to a plan.  Write a financial spending plan.
  2. Never spend more than you make.
  3. Stop wasting your time trying to get money without earning it (gambling, lottery tickets, etc.).
  4. Increase your productivity and improve the quality of your work.
  5. Make constant steady progress.  For example, make a monthly graph showing your total debts and total savings.  Make sure your savings go up every month and your debts go down every month, even if just a little.

To increase your profitability and net worth, call us for a complimentary Practice Analysis to see how much and where your practice can improve,

call us at 416-466-6217 for a FREE Practice Assessment!

 

Creative Commons Attribution: Permission is granted to repost this article in its entirety with credit to The Art Of Management Inc. and a clickable link back to this page.

Photo credit: totallyPic.com, Thinkstock.com

 

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