Money is a funny thing. Some people view it as a measure of their self-worth, while others view money as a necessary evil. For some people, money is a blessing, while for others, it’s a curse. The key is to keep a healthy view of money. Is money a blessing or a curse for you? Consider the following:
Keep money in perspective. Some folks spend so much time worrying about money that parting with it diminishes the joy of making any purchase or appreciating the moment.
Avoid viewing shopping as a sport. Don’t treat shopping as a competition where winning –– getting an amazing deal –– gives you more pleasure than owning the merchandise.
Be conscious of your spending habits. Focus the bulk of your purchases on what you need rather than on what you want.
Spend money on priorities. Money is worth something only if you spend it. Therefore, spend it on things that are most important to you.
Make sure your decisions add up. Think big picture. If you’re moving heaven and earth to save a few pennies a year, but you’re making yourself a nervous wreck, get a life.
Saving can be costly. Cheapskates can damage their relationships with others by their behavior. Determine the impact that your decisions have on those around you.
Manage your money. Earning money is only a start. Grow your money by saving/investing it properly, so that you make money while you sleep. Remember, you can’t cut your way to wealth.
Don’t spend what you don’t have. As Will Rogers said, “Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.”
Money should be a means to support yourself and your family. It should never become the cornerstone of your life or define you as a person. Unfortunately, some people let money consume them and take on a role larger than life. That’s neither sensible nor healthy. Frugality is smart. It compels you to live within your means, make informed and thoughtful decisions, appreciate all the things that money can’t buy, and best of all — frugality buys you a good night’s sleep. As the saying goes, “If you want to be richer, make more money or need less.” Is money a blessing or a curse for you?
Is Money a Blessing Or a Curse for You?
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