I have worked with many people. From farmers and small-business owners to students, parents, teachers, and financial advisors. If my experiences have taught me anything it is this: when it comes to money, we all have issues.
We all have issues, but we can get better.
Rich, poor, experienced or green, we can all learn to have a better relationship with our money. Even after ten years of studying the psychology of financial decisions, I am still growing and uncovering new ways I personally can improve my financial thinking.
I’ve found after working with many people over time that there are three cardinal rules to developing a healthy and sustainable financial plan.
Three Rules for a Healthy Relationship With Your Money
No matter where you are starting from, learning these rules, and developing the habit of coming back to them when you get off track, will help you get to a stronger place financially.
Follow this blog for more. Over the coming weeks, we will be looking further into each of these areas. We will dive deep into the types of stories that can help – and those that hurt – and how to rewrite your personal financial narrative. We will talk about how to map out financial strategies that meet your needs without wasting your resources, and we will look at some of the creative and surprising ways that others have learned to cultivate their own value and increase their income.
Along the way, I encourage you to comment (keep it civil, please), ask questions, and share your own stories. Money may be a loaded topic, but the more we talk about it, the more we will help each other on the path to financial health.