The Psychology of Money
Personal finance is my geek hobby. I have read many financial books over the course of my adult life and I have implemented their tactics and strategies into a sort of automatic system to the point where I really don’t need to think about it much at all anymore.
I have always been fascinated by the psychology of money. What one does with their money varies greatly from person to person. I have a natural bent towards handling money, yet I have found areas for great improvement over the years by systematizing my finances.
I enjoy discussing money, but, it is a rather taboo topic in polite society. I thought I would write down my systems in hopes that they could be of use to someone else. Why?
Because I want everyone to have the freedom and flexibility to chase their own ideal lifestyle.
It’s not the same for everyone, and it won’t remain the same for you even throughout the stages and phases of your life time, but when our finances are in order, our dreams are much more likely to become reality.
I don’t believe that people are “bad” with money. I do believe that many people don’t want to deal with money. Not the hassle, or the time, stress and chaos.
The ironic thing is that not dealing with money in a systematic approach will cause you hassle, time, stress and chaos.
It’s a lot like housekeeping. I am teased for being a neat freak – people assume I just love tidying up, or that I am OCD. The truth is I have so many better things to do with my free time. A little every day keeps me from slaving away all weekend long. The same is true of our finances. It’s even better though, because unlike keeping house, it gets easier and less involved as time goes on. There will always be dishes to be washed and floors to be swept – every day. But our finances now require very little of my time and need only minimal attention monthly, quarterly and yearly.
Much of life has to do with the finish line. It has to do with putting in that last 10% of effort.
What to do with my advice? Take it or leave it. Take one tip or take them all. Incorporate one habit and when that becomes automatic, add in another one. It is up to you how you will proceed on your financial journey. My hope is that I can be a helpful resource and guide for you to discover your own personal finance utopia.
I want to hear back from you!
Tell me what was helpful, what you could have done without. Report back what changed your life and what has given you more returns than you had bargained for.
ACTIONABLE TIP: Get a notebook and a pen that you can dedicate to taking notes and actionable steps on your journey moving forward.