Some say that the world would be a better place if money did not exist and that they are the root of all evil, while others believe that money is the driving force of the world.
And what do you think? Do you agree with the statement that money causes stress and anxiety for your family, or do you rather see it as a means of achieving the desired goals?
It is important to identify the attitudes of each family member to the money, what role they have for you, and whether you think of them as a useful tool or rather as an obstacle.
What determines the attitude towards money ?
Do you often say that you are one of those people who can never save? Do you think some manage their savings better than others? If so, why do you think some are able to save and why do you think this is impossible for you and your family?
The most common reasons for the inability to save people are their place of work, place of residence or their profession. But think about what happens if you change your job or move to another city, will that change your attitude to money?
It definitely matters if you live in an expensive city with a small salary, but more important to balance your income at the end of the month is how you take your money and where you put it among your priorities.
Studies show that those who define money as a tool that helps them achieve their goals are more at risk of financial problems than others who view money as a source of security.
The results also indicate that the most risky factors for losing money are impulsive shopping for unnecessary goods (for example, to improve mood) and denial of one’s financial problem, whereas if we consider money as a source of opportunity and security, the likelihood of financial loss is less.
Find out what motivates you
If you are not careful and do not try to understand what your relationship with money is, you run the risk of being misled. As the famous German philosopher Arthur Schopenhauer puts it, “wealth is like seawater, the more you drink, the thirsty you become.”
There is nothing wrong with wanting tangible things like a new car, new furniture or new clothes, for example, but it is more important to understand what the motive behind that desire is and to ask yourself whether these benefits will really improve your life and well-being as a whole . It is important that you use the money so that you live comfortably, while at the same time not exceeding your options and saving.
Savings are an option
Having savings means having more options. Having money, whether through a fund, credit card, or loan, means having a choice and instead of having to accept the first opportunity you have to look for and explore other options.
Money can open many doors for you – allow you to travel more, do unexpected repairs, replace old things with new ones when you need them, and if you use them as a source of security you are less likely to experience financial hardship.
So what is your attitude to money?