Friday, April 23, 2010

"Money management isn’t about the numbers; it’s about goals and dreams."




The area of finance has always been a little intimidating for me. I didn’t particularly pay much attention in maths class so when I have to deal with numbers I get a little toey. I was fortunate, though, that my mum taught me how to create a basic budget and a savings plan when I was young, so those skills have served me well as an adult. I’m actually quite proud of myself in that area and when I was reflecting on it earlier this year I realised that the reason I don’t get anxious around budgets and savings plans is because I feel confident. Anything beyond that (in the world of finance), however, is a different matter. So this year is about taking the fear out of money issues by arming myself with knowledge.

Part of my research and reading has lead me to JD Roth, author of Get Rich Slowly. I read this interview with him recently and loved what he had to say about finances and lifestyle:

“Q: I think the problem for some people is they feel stuck – at a job they hate, or in a lifestyle of a certain type (with spouse and kids expecting certain things, perhaps). How do you change from this, so that you’re not sacrificing your happiness for money?

A: That’s a great question, and I think it gets at the heart of personal finance. Money management isn’t about the numbers; it’s about goals and dreams. That sounds a little new-agey, but it’s true.

If you feel stuck, the first step is to figure out why you feel stuck. You can’t solve the problem if you don’t identify it. One way to help achieve some clarity is to take some time to actually set some financial goals. From my own experience, I know that if you don’t create a map for yourself, it’s easy to get lost; and when you get lost, it’s easy to become overwhelmed.

Also, I think that when many people feel trapped, they just sort of freeze. They don’t do anything. That’s how I was for a long time. When this happens, the best thing you can do is take small steps toward what you really want. If you’re stuck at a job you hate, then maybe take night classes in something that interests you. Start moving slowly in the direction of your dreams. Even a little bit of change can help you relieve some of the pressure.”

Such a lovely, considered response. Take a step and then another step until you find yourself where you want to be. It may not be sexy, headline-catching advice, but it’s sensible and it works.

I also like that Roth doesn’t offer us get rich quick schemes or “be debt free in five days” advice. I generally don’t trust anything that panders to our Must Have it Now! mentality. I think the key to conquering most fears or difficulties is to research, get to know your topic and see what works best for you. No single answer is going to work for everyone.

I think I’m currently at the second of five stages that Roth believes we all go through in our financial maturity. Read the rest of the article and enjoy his insight, especially if money has been on your mind lately.

37 comments:

  1. To become an expert sales coordinator, high grades in your sales management course are mandatory. If you’re burdened with assignments, rely on the academic writing help service providers online. They will help you out. Apart from grades, you’ll also need unbeatable skills in client management, proficiency in query software, CRM and database user interface.
    Academic essay writing has been a parameter to judge the merits of the students for a long time. The present time is none the less. In fact, as time is passing by, students are having more and more requirements to write an essay that will be graded. Hence seeking Do my essay help is on the rise and it will be.

    ReplyDelete
  2. my assignment help Online is the online organization where understudies can get full learning in any educational session.

    ReplyDelete
  3. We are really grateful for your blog post. Nice Blog!
    Assignment Help

    ReplyDelete
  4. Law case study is one of the best ways to get in-depth insights about a law or a topic that can help students to understand the law better. Law students need to take these law case study seriously as these can help them to better prepare for their future as a lawyer. Once you write a Law case study help , you understand the law in both ways, how you can use that and how it can be used against you. Thus, if you ever need to write a law case study and you struggle with it, we suggest you get our law case study help or legal case study help to be able to write a perfect law case study assignment. We have a huge team of lawyers and professional academic writers who provide the best legal case study help at most affordable prices. They are available 24X7 to help students write better papers so they can score better marks.

    ReplyDelete
  5. At my assignment help Australia, the students can get support on any analysis assignment topics. Before writing these assignments, the students must develop an in-depth knowledge on the subject which they are going to analyze.
    But in most of the situations, the students do not know how to Buy assignment and also do not have firm knowledge about the book, film or novel which they are going to evaluate and end up preparing a paper below the expectations of their professors.
    These essays require logical reasoning, objective writing and a personal touch. The PhD qualified assignment help experts at Essayassignmenthelp.com.au can prepare the papers just according to the need and requirements.

    ReplyDelete
  6. Forget about any writign issues adn you can visit this website masterpapers.com to get help from the expert writing services. They know what to do.

    ReplyDelete
  7. Sociology Coursework Writing Services has become a significant challenge owing to the complexity of Sociology Assignment Writing Services and in other cases lack of time and knowledge needed to prepare Sociology Research Paper Writing Services.

    ReplyDelete
  8. Get the best essay/ paragraph rewriting experience like never before with essay rewriter tool and online free Grammar check tool.

    ReplyDelete
  9. Is myassignmenthelp fake? Find out the complete truth behind the services MyAssignmentHelp provides.

    ReplyDelete
  10. It is important for medical science research paper service students to seek Medical Science Assignment Help from a reputable custom medical science writing company so as to be assured of good grades in their medical science essay writing services.

    ReplyDelete
  11. Air Canada is the banner transporter and the biggest carrier of Canada by armada size and travelers conveyed. The carrier, established in 1937, gives planned and contract air transport for travelers and loads to 207 destinations around the world. It is an establishing individual from the Star Alliance. Air Canada's corporate central command is in Montreal, Quebec, while its biggest center point is at Toronto Pearson International Airport. The aircraft's provincial help is Air Canada Express.

    Air Canada Reservations | Delta First Class

    ReplyDelete
  12. Essay on health & nutrition writing services are essential for college nutrition coursework writing services seekers and Nutrition Research Paper Services.

    ReplyDelete
  13. Among other courses, cultural studies coursework writing services has become popular since students seek Cultural Studies Writing Services and cultural studies essay writing services.

    ReplyDelete
  14. WOW! Nice written by author If you tried everything and you are unable to take out your HP printer form error state then contact experts. A team of certified experts will help you to fix your HP Printer Wirelrss Setup problem. After having the guidance of experts, you will be able to take out printouts by your HP printer.

    ReplyDelete

  15. Excellent and nice post. It will beneficial for everyone. Thanks for sharing such a wonderful post. Avail No MyAssignmwenthelp services from certified PhD writers. It is extremely helpful for you on how to write a dissertation proposal.

    ReplyDelete
  16. My Assignment Help comes with a team of renowned assignment writers, and editors to assist students in achieving high scores through proficient assignment help services. With a decade of experience, we have emerged as the most trusted brand in online assignment help providing 100% genuine writing and editing services. You can contact us through email, live chat or over phone to discuss your assignment and experience the customized writing services.

    ReplyDelete
  17. You have made quite an interesting article. It's nice shared information and it's quite helpful post. I like the layout and flow of the write-up, because it kept me involved this whole time. At My Assignment Help Au, We Offer Pocket-Friendly Services And Write Tailored Assignments. Students Trust Our Assignment Help in Australia. To Get Authentic Assignments Within Deadlines, Hire Us Today!

    ReplyDelete
  18. A new online My Silver Service has been introduced for the people of the world; My silver service has been launched for the ones looking for affordable transportation facilities.
    silver service taxi Melbourne

    ReplyDelete
  19. Our Academic writing is a most popular with advance thinking. Our academic writing service comes in many forms; the following are some of the most common.
    Assignment

    ReplyDelete
  20. Finding the best history coursework writing services and History Essay Writing Services is not easy unless one is keen to establish a reliable history assignment writing service provider & history research paper writing service.

    ReplyDelete
  21. MyAssignmentHelpNow, who help students globally at all level academic. We work 24*7 so that you don’t need to wait for any certain time, you can reach us any time. For any assignment help you can directly get into touch with our expert.

    ReplyDelete
  22. MyAssignmentHelp has the best team of assignment writers who offer Electrical assignment help. If you aim to achieve academic excellence this year, go ahead and place an order with us. Our team of expert writers is available round the clock to deliver customised solution on demand

    ReplyDelete
  23. It is needed to remember real information for the assignment. However, numerous understudies battle to accumulate important information. In the event that you are one of them, at that point you ought to get assignment help online from our specialists. Our researchers will give you arrangements where you will discover all the necessary information more- nursing assignment help

    ReplyDelete
  24. Assignment.reviews is a student review platform where thousands of students share their experience of availing Myassignmenthelp. Assignment.reviews provide unbiased views of the legitimacy of the academic service providers.

    ReplyDelete
  25. Medical coursework writing service seekers have been on the rise lately since most learners need Medical Research Paper Services, nursing research writing services and medical essay writing services.

    ReplyDelete
  26. It is important to seek medical coursework writing services and medical research paper writing services since students find help when they visit Medical Research Writing Services.

    ReplyDelete
  27. Get your hands on the best fitness band india under 5000 with the Great Offers. Easy & Fast Delivery. best fitness trackers band under 5000

    ReplyDelete
  28. getting a customized essay online and will help in fulfilling all your demands.
    So go ahead and try out this to get a high quality
    buy essay online.

    ReplyDelete
  29. The oxford referencing guide has very much importance to the career of the student. The oxford referencing style given to the student is to evaluate their writing skills and understanding about the particular topic or the subject. Therefore, it is necessary for the student that the paper is written in a formal way, and according to the academic requirements. Every student can't manage their time from their busy schedules. Also, the lack of proper knowledge and the concept of the topic makes some people unable to write their
    essay assignments help.

    ReplyDelete
  30. clara smith is a subject matter expert in Humanities. She received her doctorate from one of the most reputed universities in the USA. She writes essays, paper writing services on a daily basis and hence she knows about paraphrase machine that are available online.

    ReplyDelete
  31. It is important for business management assignment help seekers to find the best Business Management Writing Services from a reputable business management paper writing service provider for their custom business management essay services.

    ReplyDelete