Over the years, I have learned that it doesn’t matter how much you make, how much you know, or what kind of household you grow up in, ultimately, how you approach and handle money comes from within. I have seen couples making tons of money, and yet they live paycheck to paycheck. I have seen accountants who didn’t even know how to manage their own finances, and I have seen individuals that grew up in the same household approach money in completely different ways.
While statistically, we may not be as bad off as the lending tree guy, the commercial where the guy has the perma-grin, and a beautiful house, family, car, swimming pool, riding lawnmower, and we wonder how did he do it all? His secret? “I’m in debt up to my eyeballs…I can barely pay my finance charges…Someone help me.”
When it comes to money, one of the basic rules is that you can’t have it all. Even if you do win the lottery, you still need to develop a budget and spend accordingly or eventually you’ll run out of money. However, not everyone knows where to starts when it comes to money management so here are some resources to help you take charge of your money and as always if you have any questions just drop me a note:
HOW TO GET OUT OF DEBT
free online seminar and workbook provided by MotleyFool.com
CREATE A PERSONAL BUDGET
provides both online and offline worksheets
money management software