5 Steps To Improve Your Relationship With Money

What does your current relationship with money look like? Maybe you are thinking, “My money and I have a good relationship” or “Our relationship is nonexistent” or it could be “My money and I are in an entanglement right now.”  Whatever your relationship with money right now, I want you to know that it’s never too late to create a healthy relationship with money. 

Believe it or not, you’ve already built a relationship with money. This is reflected in your spending habits, your career choices, and whether or not you can afford that piece of jewelry you’ve always wanted. The life you live is based on the choices you make. You control your destiny and it’s time you take control. Therefore, having a healthy relationship with money has a positive effect on all the other areas of your life.

Having a healthy relationship with your money can positively impact your life in many ways. For example, when you have a good relationship with money, this helps you maintain good health, live a less stressful life, and gives you the means of investing in things that will support you in the long term. 

If you’re looking for ways to improve your relationship with money, look no further, here are some tips to do so:

  1. Take an honest look at your current relationship- This first step requires some introspection. You can ask yourself the following questions: What are my thoughts about money? Are they positive or negative? Or how have I made progress with my money over this past year? 
  1. Identify how you want your new relationship to be- After identifying your existing relationship with money, now is the time to change that mindset and leave the past in the past. You can now ask yourself what you want your relationship with money to be. When you have identified the type of relationship you want, you can now focus on what this relationship will look like in your life.
  1. Establish an intention or goal for your relationship- Now that you have a new mindset about your relationship with money, you can create an intention or a goal, by considering the outcome you want for this new relationship. For example, do you want to start/ increase your savings, start investing or pay off a debt?
  1. Start setting a foundation for this new relationship- One of the easiest ways of building a foundation is through education. Learning how money works, how to use money, and understanding the financial structure can help with improving your relationship with money.
  1. Give yourself grace- Try to remember that you’ve had this negative relationship with money for years. So if or when you fall back into old habits, try and forgive yourself, and keep on working on getting it right.

Hopefully, with these steps, you’re now able to try and improve your relationship with money. You know I want you to live your best and most abundant life. Let’s heal your relationship with money and make money your forever sweetheart so you can live your richest and fullest life.