Most of us would have read some articles on investment strategies, budgeting guides, financial planning and so on but have we asked why we read such articles and why is managing money connected to life?
Have we asked ourselves why the need to connect life to money? We all know the importance of recognising our money motivation, knowing what and why we are doing what we are doing but do we look at our priority?
Knowing what you are trying to accomplish in life has direct connection with the way you view money. Ordinary people usually go in either one of two directions.
1) To accumulate enough for life's needs. College funds for the kids, vacations, car, retirement funds and perhaps some savings to pass on to your kids.
2) To view connecting life to money as achieving those things that you had always wanted. To have trusted friends and family around whom you can be your own person and who can provide meaning in your life. To be able to use your money for things that matter like religion, family and society.
Priority in connecting life to money
When your priority is clear you begin to learn that what you accumulate is not the most important connection. What you do with it counts and should be the main goal. Money should allow you to do things that give you energy and not things that drain your energy. It should make you more aware of your self-worth rather than your net-worth.
It is important to realise that there are two sides of the brain. The left does the formulating of information and the right makes you feel good about it. If you asked why and found the answers then God willing, you will be both financially and emotionally fulfilled.
What is your main goal about making money?
How do you prioritise?
Useful budgeting article at WAHM.Com - Budgeting Your Money: How to Prioritise Expenses