The number one thing you should be familiar with is money. You can argue that there are more important things in the world, but money is the one thing that we need to be able to live. Moreover, the only way to get more familiar and value your dollars better is to get more familiar with you and your money.
Understand your means and don’t live outside of them
As much as you want to live a lavish lifestyle, you may not always be able to afford it. You can be living a presidential lifestyle, while only making middle class wages. Now this is where people mess up with understanding the relationship they have with their money. You can still live a pretty well-set lifestyle while only making these wages, but it requires you to understand the funds you are supplied with each week or month. Balance out your needs and wants, always put the needs first and use whatever money you have left to enjoy the wants and pleasures you desire. This will be the easiest way to save yourself a lot of hassle from going in debt. It will also help you get familiar with your bank account and funds.
Avoid loans, but don’t be afraid to trust banks.
What are the biggest keys to relationship? Time together, and trust. You need to always keep money in your pocket, bank card or cash. This way you can always trust that your money is not going anywhere that you don’t know about. This is the best way to manage your relationships with money, because it is with you at all times even when it is not. Always be sure to check up on the money in the bank from time-to-time to make sure you won’t go and pay more than you can afford on a product. Otherwise, it will just open up a whole new ball park of problems in your relationship with the bankroll.
If you have the time, don’t hesitate to make the extra money
If you are in need, or just want some extra money, always take up part-time work or jobs around the city. The more you work, the better the cash flow comes towards you, which will increase your relationship with the money. This way you have the extra funds, and you understand that you won’t get into any debt or owe anything, because you have the extra funds that you have been searching for.
The more you earn, the more familiar and experienced you get.
Well, the title is pretty self-explanatory, the more money you earn, the more the relationship will build. Just like any other relationship this is one based on love. Learn to love and appreciate what you have got to get a better understanding for you and your cash. It can be a little difficult at first, but eventually money will become second nature.
So in all reality, the only way you can improve your relationship with your money is to treat it like any other relationship. You have to love it, respect it and trust your funds just like you would a boy/girlfriend, husband/wife. You just have to find yourself and realize it is necessary to work with what you have got, prioritize and make sure you make the smart decisions in spending and paying. As long as you have the funds, it won’t hurt to splurge from time to time. Think of it as a reward, just as you would get a gift in a normal relationship. Hopefully, this makes your money management a little easier.