Changing our Attitudes of Financial Planning and Stories from Inspiring Women

What we should be working towards is to create a healthier relationship with our money. Just as stated above, money is more powerful than we normally think and the sudden gain or loss of money can be quite influential n the attitudes and personalities of people. It can easily turn a once happy person miserable and an evil person nice. In addition to it, it can inspire both selfishness and greed. Always thriving for money can actually be a bad and negative thing for some individuals.

However, in most cases, money will not be fundamentally changing in what you believe or who you are. At the center, you will be the same person you were without or with money. Likewise, if you are not that efficient in managing little money, you should not risk managing a huge sum of money. At first, you should improve your management skills on little money and then move up to a larger amount.

The initial elation at the sudden increase in your money fades quickly and you go back to where you were before obtaining the money. That is the main reason why people say that money is not enough to buy you happiness. It is true that the initial joy is quite fleeting but you have to understand there are numerous rich people in the world who are still unhappy. They just haven’t found the right place for themselves.

The key is concerned with finding contentment and peace with or in the absence of money. For once, we begin to believe that we need money just to cover our expenses and to live our lives, we will be able to have a clear view of what we really want. It will also allow us to not only control ourselves but also have control over money.

You should always keep it in your mind that you are the one defining things and not the other way around. If you are living an unhappy life then the reason is not the lack of money but you how to view yourself and your circumstances. As soon as you understand that you are rich regardless of your status, you will start to live a fulfilled and happy life.

Mistakes Make You Learn of Financial Planning and Stories from Inspiring Women

Every human makes many mistakes in their lives, but they need to learn lessons from those mistakes. There are several mistakes that Canadian women make for saving money. They all want to save their incomes and try to do that, but it becomes more difficult because they make mistakes unintentionally as well as they don’t know even about those kinds of mistakes. The women should be self-aware of these kinds of problem and should know how they can overcome from this situation. Many persons in the world who don’t know what mistakes they are making and where their money is going. During saving money, women can make mistakes which can cause money loss which can be dangerous for women’s assets. It is dangerous for women because they always lie in the struggling phase.

Women in Canada continue to make some common mistakes for money-saving in the particular ages that are considered more important for saving money. With time, the financial responsibilities will be increased, and if women do not start learning how to manage your finance, it does more crucial to handle finance. If they do not care about those financial mistakes, they can lose their money and can be in the struggling phase forever. In this article, I have uncovered major mistakes from the Canadian women make. These common mistakes will make you aware of the mistakes and the problems as well as teach you how you can avoid those mistakes. You should start learning how you can handle those mistake to manage finances.

Using Credit Rather than Cash of Financial Planning and Stories from Inspiring Women

The most common mistake has been observed in women that they always use their credit cards in every field whether they are buying something, paying house bills, checking out from the hotels even paying the children school fee. Canadian women do not consider it as a financial mistake, but the financial observers and experimenters consider it most dangerous for finance. It is because the bank accounts are just used to save money and the money becomes safe and secure in the bank accounts. Women work very hard to earn money and then deposit it to their bank account to save, but on the other side women do not even care about they are spending their saved money in every place instead of spending their liquid cash. The observations and survey have enlightened that if a person spends or pay bills through credit cards, it will be expensive to them because some service charges are applied from the bank on every transaction. The finance rules teach us “never touch the money that you have saved.” If you like to spend from the credit cards you can overspend your money unintentionally.

I recommend buying or paying bills through cash instead of swiping your credit cards. There are two reasons for that. The first one is that payment through liquid cash will save your extra money which can be consumed as the service charges. The second reason is that if you pay or spend your money by cash you can easily keep check and balance of your spending. You should only use your credit card whenever you are going to purchase expensive products or services or where you cannot carry more cash. For example, use your credit card when you are going to arrange any kind of event, or you can use it on transferrin money or going to purchase plots or houses. Because you only pay the service charges to the bank when you make larger transactions.