Most people have a tendency to feel that being into the latest fashion is important or going with the most popular items in entertainment is important rather than saving. For example, I have a member of family who appears to be constantly struggling to pay the bills, but once he gets a large sum of money exactly what does he do, he spends it all on material things that contain no value. He should learn how to save for a rainy day; eventually they actually keep coming back around. Whenever you think positive about money, the outcome is a superb one. When thinking negatively about money the outcome can and could leave you destitute. Your ideas about money can soon turn into a reality. So keep an open mind about having money. "Money can be an important part of life, it impacts us in all regions of our lives either directly or indirectly. Money impacts our relationships, our career choices, education and so forth, but what is even more worth focusing on is our attitude towards money. How will you feel about money, what thoughts one thinks of when you think about money, how will you use money & most importantly why have you got the attitude? This isn't so much about how important money is to you, but more about the underlying reason and thoughts about money. " (Money Attitude YOUR CASH Psychology, 2009).
Read more: http://www. dummies. com/how-to/content/examining-your-attitudes-about-managing-money. html#ixzz1JLPkZxUw
http://www. successconsciousness. com/blog/affirmations/attitude-toward-money-and-how-to-change-it/, Remez Sasson, dec 09, 2008, Attitude Toward Money and How to Change It
Money Attitude Your Money Psychology
by Ray on October 14, 2009
What is Money Attitude?
We have believes and attitudes about everything worth focusing on to us, we've an attitude towards religion, war, fashion etc. and undoubtedly we also have an attitude towards money. Money attitude is your beliefs about money; what does money mean to you, exactly what does it represent? How will you feel about money? How much does money influence your non-financial decisions? Money attitude is your way of thinking about money.
How is Money Attitude Established?
Everyone comes with an attitude towards money, for some money is a central issue, for others money is merely an instrument, yet some use money to control things and people. Just how do we develop our money attitude? Is it a learned behavior and can we change it out? Much like many attitudes and behaviors money attitude is principally a learned behavior (although psychologists will continue the type vs. nurture debate), how you perceive money will heavily depend on your childhood and the environment you grew up in. Did your parents fight about money? Did a parent control the other with money? Did you have wealthy parents who lend you their credit cards? Your past experience and environment is the biggest factor to you money attitude, the good news is that money attitude is a learned behavior and what's learned can be unlearned.
Your Money Attitude
Given that money impacts many areas of our lives it is important that you can have a good understanding of your cash attitude. Perhaps you have ever taken time to investigate your feelings about money? If not than this is actually the perfect time to analyze your money attitude, get an improved knowledge of your perception of money, how do you feel about money?
Why Care About YOUR CASH Attitude?
Our feelings control the majority of our behavior, these can be desirable behaviors or undesirable. Lots of the choices we make in life from marriage to careers and education all stem from our emotions. Making financial decisions isn't any different than other decisions we make in life; do you are feeling that it's important showing how much cash you have? Maybe your parents grew up during the war and great depression and you have learned need for saving for a rainy day. No matter what your money attitude is, if you wish to have a much better understanding of you finances, control finances and make changes to your undesirable financial behaviors than you must understand your money attitude.
Without focusing on how you are feeling about money and where those emotions come from you won't have the ability to successful make changes to your financial life.
Money changes everything: exploring your attitudes toward money could possibly be the first step in making personal and global transformations
by Frances Lefkowitz | Sept, 2004
Let's talk money. Not numbers, but feelings. As the way we feel about money says--and shapes--more about us than we realize. Usually money is seen in black-and-white terms: We've enough from it or we don't. "But money is also a hugely emotional, psychological and symbolic entity inside our lives; we each bring our very own meanings, thoughts and experiences to our relationship with it, " says psychotherapist Kate Levinson, Ph. D. In leading her "Emotional Currency" workshops, Levinson finds that such feelings can be considered a catalyst for personal transformation. "It's an incredibly good vehicle for seeing our issues and vulnerabilities since it touches on almost all areas of life and it reveals deep parts of our psyches, including our needs, fears and desires, " she says.
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Money affects career and relationship choices, and turns up in issues of control, safety, self-confidence and well-being, says Deborah Price, a money coach in Healdsburg, Calif. , and writer of Money Magic: Unleashing Your True Prospect of Prosperity and Fulfillment. "Just about every decision we make, and far of the personality, is formed for some reason, condition or form by our beliefs around money. " Price, like Levinson and a small but growing new breed of money therapists and holistic financial planners, believes that discussing money is not only good for the bank account, it's also best for the soul.
Women, couples and seniors in particular appear to be giving an answer to this new approach to money management. "People are looking for help with the whole picture, " says investment advisor Christopher Peck of Holistic Solutions in Sebastopol, Calif. "There's a growing perception that things such as money, feelings and what happens in your community aren't separate. "
love and money
Equating love and money is a habit we often pick up from our families, says Price. Rather than saying "I really like you" or spending time showing it, parents indulge their children with material gifts as a means of demonstrating or compensating for affection. When these kids become adults, they can feel unloved unless they may be being given something.
Money can be considered a hot-button issue for women because it's intertwined with the idea of caretaking. "You can take two independent, capable people, however when you put them in a relationship, their expectations around money change. A lot of old stuff surfaces, " says Price. Suddenly, a female may believe that the man should be the provider, if he isn't, then he doesn't love her enough, Price explains. Self-worth issues easily become magnified in relationships--and the low the self-esteem, the bigger the necessity or expectation.
That's what happened with one or two who came to see Levinson. Both partners were self-sufficient, with good jobs, incomes and credit scores. But after their wedding, the wife started mismanaging money and racking up debt. Marriage uncovered her need to feel taken care of, and overspending was a way of requesting attention. After the couple understood this, the husband made a larger effort to provide for his wife--but in non-monetary ways like cooking and running errands. The wife's overspending stopped, and she had notice a robust, hidden desire.
"When couples straighten out their money problems together, " says Mark Zaifman, of Spiritus Financial Planning in Santa Rosa, Calif. , "they understand how to are a team to resolve other problems as well. "
health and wealth
Money is the No. 1 way to obtain stress for 73 percent of Americans, according to a recently available survey conducted by the American Psychological Association--"and stress over money definitely impacts your physical well-being, " says Zaifman, who teaches a Financial Wellness Series at Santa Rosa's Integrative Medical Clinic.
These connections are prompting experts to redefine their concept of financial fitness. "It's about attending to both the financial and the emotional areas of our money lives, and integrating our beliefs, needs, values, relationships, passions and desires into our decisions about earning, spending and investing, " says Levinson.
Advisors like Peck help create portfolios that reflect this. He wants people to ask themselves, "How is exactly what I'm doing with my money assisting to build a much better world?" Similarly, Price queries her clients, "How are you using cash in your life to transform yourself and the world around you?"
These will be the right questions, says Lynne Twist, writer of The Soul of Money: Transforming Your Relationship With Money and Life. "When our money life aligns with this heart and soul, that's financial wellness, that's prosperity, " says Twist. "It's through the act of generosity that people experience our financial wellness. "
strategy and change
So where do we begin? Price tells clients to write a "money biography, " a personal history that documents their activities with money from childhood to the present. Another tool she utilizes is a "life inventory, " an overall net-worth statement. (See "How exactly to Create Your Perfect Money Relationship, " at right. )
According to Price's clients, this may spark change. "The biography and other exercises help the thing is what qualities you're not paying attention to, " says Vivian Nast Faulkner, a stained-glass artist in Kansas City, Kan. Faulkner had always had trouble putting a cost on her work, she says, "because I wasn't including myself in the financial equation. " Working with a money coach helped her to discover her inner assets--she's an instant learner, for example, and she has a talent for recognizing opportunity--and to improve her prices to match the going rates.
Be the kind of woman that when your feet hit the ground each morning
the devil says,
"OH CRAP, SHE'S UP!'