There are many people who make claims that money is not powerful. Let me correct you, you can change the beliefs of people with money. For instance, imagine that you have won a lottery and now you have a large sum of money that you couldn’t earn even if you worked for your whole life. Now that you are rich, just observe how people around you are acting.

Our money beliefs are driven by our own experiences…

It is quite clear that strong emotions are evoked by money and almost everyone has deeply-held subconsciously beliefs about it. However, the question is that where do such feelings come from? It is a question that we are unable to answer. Let me give you an answer.

Our thoughts seem to stem from our childhood. From the very start, we see our parents managing their money and we often adopt their habits with how they handle their finance. That is one of the most important reasons why generational wealth and poverty is existing in the world. It is quite common for poor people to impart bad and inefficient habits to their kids. For instance, a gambler’s child will not be affected positively if he sees his father only gambling and wasting his money. He will never know the importance of money and he will also not know any efficient manner of saving money.

On the other hand, if you know your way around with the money then you will impart the same knowledge to your children. For instance, you have some plans and strategies that you use to save and manage your money. You use them and you are able to manage your budget easily because of them. When your children see you managing money like that, they will also adopt your strategies and in the future, they will be capable of handling their own money.

 Suze Orman also says that for a nation to prosper, it should help people in understanding finance and how money works. In schools, teachers should tell students the importance of money and should also make them aware of the benefits of saving money. If children know from the start what it means to actually save money, they would be more careful with money.

What is the truth? (Financial Planning and Stories from Inspiring Women)

The truth is that the problem is not concerned with money but with the way how we always approach money. Women who are always thinking negatively about money, tend they be plagued by the problems of money their whole life. Meanwhile, women who always think they are capable of controlling money, they are the ones who achieve success and also increase it with the passage of time. Those are also the women who are not complaining about their lack of money but are educating themselves about it.

If you want to understand money, think of it as your time. You can control it and use it according to your requirements. If you want, you can waste it and if you want, you can use it to your benefit. It means that money is controllable and if you begin to look at it from a positive perspective while keeping your emotions in check, you will be capable of managing it effectively.

Pursuit of Money of Financial Planning and Stories from Inspiring Women

Although we should be examining our feelings and attitudes towards money and always try to manage it in a better way, we should not be allowing it to consume us.

A common reason why we cannot handle money is that we are being consumed by it. We forget that we need to money to live and not live to make money. It is true that without money, we cannot live peacefully but it doesn’t mean that we should be taking shortcuts and doing corruption to earn money.

At present, consumerism and materialism are driving us. Every single person is trying to compete with others in terms of money, houses, cars, and even gadgets. It has become a notion that without money, a person is nothing. For instance, a person might feel embarrassed to tell about his financial condition to his friends. Deep down, we are nervous and anxious that lack of money is some kind of an abnormality which is despised by people.

Do you know what is really driving this kind of thinking?

It is our own emotions which cause us to think like that. If you want to manage your money and eventually grow, you should brace yourself for the turns that you will be encountering. Sometimes, you will be struggling to make the ends meet and sometimes, you will have enough money to purchase a luxury item without facing any issue. In such circumstances, you should always remember to keep your emotions in check because they are the ones which creep into your heart and make you do things that you regret.

You should always remember that you can control money and you need it to live a better life and not let it make decisions for you.

If the monthly budget is becoming tighter, you should not be turning to intoxicants or even thinking of shortcuts for making money. Instead of it, endure for a while and plan for the better.