Take Care of Your Money

If you’ve been working and playing hard, keeping track of your money is probably not something you look forward to doing. But the simple act of writing down what you spend and earn can help you move to a better financial position.

Money, like people, goes to those who love and take care of it. And what money likes best is to be counted. Financial Vagueness Syndrome, which many people suffer from, does not encourage cash flow.

Taking care of your money stimulates feelings of empowerment as well as increased self-esteem and self-trust. Avoiding the task does the opposite and often enhances feelings of shame.

If you’d like to improve your cash flow and can see the benefit of paying attention to your numbers, it can take a while to build up a habit. The decision you have to make is to start and to do something with your money as many days during the week as possible. Five minutes a day is often enough to keep things up to date.

On ProsperityPlace.com, you can download a PDF file with instructions for Basic Money Management.

My book Build Your Money Muscles also has instructions and can help you work through the shame that may be coming up when you think about your financial situation. That shame can be what is holding you back.