This Article is About
cholesterol count
low self esteem
self conscience
life success
bank balance
financial independence
How To Take Control Of Your Money
Join 1000's of Authors at StreetArticles Today!

How to Take Control Of Your Money

Take a moment and write down your definition of success. Whatever you wrote is a good indicator of your view of money.

For me, the ultimate success is living a good life. Part of it is income and financial independence. The objectives I want to achieve. Dreams,goals and my family life.

Success is not just your job or bank balance. It's the whole package.

For most people, if you ask that what their cholesterol count is they don't know or care. The attitude is if something goes wrong they will fix it. You ask them what plan they are working on for financial independence you will get the same response.

So most people suffer one of two things. Either the pain of discipline or the pain of regret. Well, discipline weighs ounces, regret weighs tons. Getting control of your money is work until it becomes habit. It is easier to hope that your finances will get better than to start the process to make it better. Please, keep in mind, if you have enough reasons you can do anything.

Since you don't know where you are going unless you know where you have been, we will begin there.

Some of the big reasons people fail with finances:

  1. Ignorance

    People don't ask

    Don't know what to ask for

    Never taught to ask or even who to ask

  2. Limiting or inaccurate beliefs

    There isn't enough

    Nobody cares about my needs

  3. Rejection

    People are afraid to look bad

  4. Low Self Esteem

    Many people just don't feel worthy

  5. Pride

    Many think that they are already supposed to know

    They don't want to look like they don't know or have any needs

So in order to get good at money you have to do two things: The first is get good at valuing every dollar for each dollar is a seed. The second is you have to control every dollar.

Understand, you can't have something in life without first imaging it. You have to dream then act. That is what feeds the image into your self conscience and that is where results are produced.

The first thing you want to do is set some goals. Don't get alarmed here. This will be pretty easy once you get started. Make lists of what you want and need to accomplish. Is is get out of debt or caught up on past due. Save for retirement. You should have big things and little things on your lists and keep them where you can see them often. Half the fun of lists are being able to check things off. That's why you want little things on those lists.

The second thing you want to do is get a little pocket notebook. Every penny that crosses your fingers must be written down in this notebook. Anything that comes in put a plus sign beside the amount whether it's your paycheck or a dime you picked up off the street. Write it down. Any amount going out must be written down as well. Even the newspaper you bought on a whim with pocket change, write it down. Don't think about why you are doing it or attempt to control it right now. Just do it. I will tell what to do with the information next time.

Remember, a good game plan without action won't work. You have the power to take control of your financial life. You just have to begin by making the commitment.

Street Talk

Oh boy do I need to use the pocket notebook idea. Great article!

  about 9 years ago
You May Also Like
Start A Business With No Money Today
Now is the best time ever to start a business. In fact there has never been a better time. But how do you start a business with no money? Well, thanks to the internet it is now very possible to start a business from your own home without investing a…
By: Craig Dean in  Business  >  Small Business   May 22, 2012  
  Likes: 20

The Average American Doesn’t Have Cash - If You Needed Money, What Would You Do?
I know this is going to come as a shock to some people and for others, it is simply a reality. The “average” middle class American stated they would have to sell something in order to come up with $2,000 cash. So, my goal today is to come up with…
By: Kyle in  Business  >  Career Advice   Jun 20, 2011  
  Likes: 25

How Do People Make Money Blogging?
For many of the popular blogs online, they’re born out of a sheer passion for the niche the blog owners are involved in. For those with a passion for their interests, other people will begin to follow the blog, hook up with them on social media channels, and follow along…
By: Greg13 in  Internet and Businesses Online  >  Blogging   Aug 20, 2013  
  Likes: 1

Lose Weight Not Money
What Americans need is a way to lose weight not money. Wealthy Americans can afford to hire weight coaches, registered dietitians and chefs who can create, monitor, and prepare tailor-made diets. But what about people who live from paycheck to paycheck? These people need a way to lose way to…
By: croninweb in  Health and Fitness  >  Weight Loss   Aug 03, 2013  
  Likes: 0

How 2 Make Money Online - Focus
Focus. Fighting obstacles causes unlimited success. Focus in on online communities and forums. This is how you will make money online. Just by focusing in on what you are doing. How to make money online just needs to be broken down into small chucks of tasks that will make this…
  Likes: 11

Make Money Online Right Now
Do you want to make money online right now? Do you think it would be possible? Well, the answer can be yes or no. It's yes if you are willing to act right now. And of course it is no if you just keep on watching things and never try…
By: John Ordway in  Internet and Businesses Online  >  Internet Marketing   Jan 24, 2012  
  Likes: 4

Make Money with Photoshop
Are you one of those those who loves to change photo's backgrounds? Making fun of your friends photos by making them look uglier? Or are you one of those who are really artistic in making a simple photo into a very good art using photoshop? I have a good news…
By: chamberlane altatis in  Arts and Entertainment  >  Photography   Jun 30, 2011  
  Likes: 8

Start A Business With No Money
Some starving, needful folks thing that it would be wonderful if they could solve their unemployment problem if only they could start a business with no money. Well it is possible. When I was a boy my friend Paul was full of ideas about business and since we had no…
By: John T Jones, Ph.D. in  Business  >  Entrepreneurialism   Jul 04, 2011  
  Likes: 3

Blogging Makes Money
A blog makes money online, but will you make money blogging? Many people think that making money with blogs is easy with little or no effort. This is far from the truth. I am going to tell you how to set up a sought after blog that makes money and…
By: Pamela Briggs in  Internet and Businesses Online  >  Blogging   Jan 12, 2012  
  Likes: 2

Earn Money With Apps
Phone application’s hit a record 1 billion downloads in the week following Christmas, but with so many out there how do you earn money with apps? Well there are four ways you can earn money with apps, create and sell an app, create an app and attach adverts, create a…
By: Ryan9 in  Communications  >  Mobile Cell Phone Accessories   Jan 24, 2012  
  Likes: 0

Make Money Online Training Program
There are two main reasons why people do not make money on the internet. The first reason is people fail to take action. You can talk all day long but one thing has to happen. Take action. Do something that will get you moving in a forward direction. Find out…
  Likes: 6

Your Bank is Taking Your Money
And, yes, you know they are doing it. The obvious question becomes: Why are you letting them take your money? You can potentially save hundreds of dollars each month by not letting them do this. How? By simply changing the way you handle your finances. More specifically, by changing the…
By: Scott Oberholser in  Finance  >  Personal Finance   Aug 11, 2011  
  Likes: 3

Save Money Canning Your Own Fruit
During canning season, I often spend my weekends picking and home canning fruit. The responses I get from people who hear this vary. Some people have experienced first hand the delicious food preserved through home canning. These people ask questions about where I obtained my fruit, how much did I…
By: AJ in  Finance  >  Budgeting   Mar 16, 2012  
  Likes: 3

Essential Regulations to Manage Forex Money
Be sure that you understand how to manage Forex money regardless of how fortunate you might be, sooner or later you are bound to lose. Only you can decide that how much you afford to lose and if you are capable of starting out again or perhaps not. The key…
By: James Franklen in  Finance  >  Currency Trading   Jun 28, 2013  
  Likes: 0

The Easiest Way Make Money Online
There is an old saying that goes, "If you want to catch fish, you have to fish where the fish are." It's clear that the internet has evolved over the years. The users are getting more savvy and the programmers are responding. For instance, take a look at the title…
By: Feemo in  Internet and Businesses Online  >  Blogging   Aug 15, 2013  
  Likes: 2

Article Views: 1636    Report this Article