The value we all place on money can be different growing up. Whether you come from money or a poor background we all have our own interpretations.
Changing your attitude towards money is removing the negative stigma of being willfully ignorant. Forgetting what has happened and moving on to what can happen.
I’ve been in conversations where the topic of money gets brought up and everyone just ends the convo with “I’ll get it one day, but for now, it is what is”. The topic could be about money management, debt, investing or saving more it always ends the same way.
When does that day happen and when it does do you think it will be too late? In this post, we explore the topic changing your attitude towards money & why it’s important.
Become A Curious Learner
You ever hear the term that there is no such thing as a dumb question? Well, it’s true especially when it comes to money.
I grew up poor and my family transition to the middle class as I got older. I’d always ask the dumbest questions about money and my parents would always reply “What you know about money, you’re too young”.
I’d ask the same question again until I got an answer. A curious learner is what I’d become.
Understanding money can serve as a tool to get what you want. At the time it was video games, but as I grew up that slowly shifted to other interests.
Along the way, my dumb vague question was less vague and became more focused on topics like investing, saving, etc.
At a certain point, my questions outgrew my parents. I started to read books, watch videos and attend classes in college that would help cure my curiosity.
That is exactly what your attitude towards money should be. An attitude of curiosity. No one will teach you how to manage “YOUR MONEY” so it’s important to figure it out on your own.
Yes, if you can find a mentor or get advice from your parents that’s perfect. Remember you’ll be the driving force of all those conversations.
What seems like common knowledge isn’t to you so that dumb question is really asked to get you smarter.
Saving Doesn’t Have To Be Hard
A good habit to build upon is saving. Yet, so many Americans struggle with building such a habit.
It’s easy to understand why were farmed consumers. The latest sales always seem to break down the strongest savers, sometimes it can be really hard to pass up on a great deal.
Change that attitude from one of “wants” to “needs”. You “need” water, food, a home but not the latest Gucci bag that’s a “want”.
Life is all about compromise, but the ultimate goal is to save for the long-term gain. I’ve mentioned this before in this post, but it’s important to save.
In order to do that you have to believe in what you’re saving for “what’s your why?”. Is your “why” early retirement, remove financial stress or maybe it’s an emergency fund.
Whatever it is it must be strong or you’re going to spend money on the “now”. It’s a mindset that is important to have because the feeling of being broke really sucks (personal experience here).
A healthy attitude towards money can be developed by learning how to properly budget.
As mentioned earlier reading books or watching a video on money management works wonders. It’s taking the first step away from willfully being ignorant of your finances.
Don’t Be Petty Because You See Others Making Money
There is no need to be petty about money. I know that’s easy to say but it’s true.
Money comes and goes and focusing negative energy on what’s coming out of someone else pocket isn’t healthy. Envy grows in you and takes over every facet of your life.
At the end of the day, money is a tool that if used the right way can get you more resources.
Jealousy only leads to more jealousy it doesn’t fix the actual problem. Instead, use those emotions as fuel to figure out how you can get there someday.
What was their journey and how can you learn from their struggles. Develop a mindset of growth and take an opportunity to learn from those around you.
Remember the grass isn’t always as green as you think it is. It’s now easier than ever to see your friends on social media having a good time or showing off the lavish life.
Leave a positive comment and say it’s great to see them succeed and if you can’t handle that get off social media. Come back when you got your stuff together.
Be sponge but don’t soak up that dirty water called negativity. Grow a positive attitude towards money, save it, and then use it in ways that improve your life for the better.
Conclusion
Changing your attitude towards money & why it’s important boils down to looking at your money as an employee.
A tool that can serve your biding, knowing when and how to use it. In order to do that you must be a curious learner and not bog yourself down with willfully being ignorant.
No one is going to care as much as you do. Strike a healthy balance between your spending and saving.
Constantly comprising for long term growth instead of monetary gain. The fact that you stumbled upon this post means you care enough to make a change and that’s the healthy attitude to start with.
