“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” Ayn Rand
Step One: You do not have to learn proper financial management all at once. Instead, start with one small financial lesson at a time: listen to financial podcasts during your commute, read articles, enrich yourself online. Spend half an hour a day studying finance, and you will be surprised to find out how much you have learned and improved over time.
Step Two: Set times to reflect on your financial situation
You can, for example, set a regular monthly date with your spouse to discuss the issue after paying the rent or mortgage. Reflect on the situation and make data-based decisions. Set yourself the right time, talk about the situation, financial goals, existing and potential obstacles and your financial habits - it will help you avoid future frictions that may affect your relationship.
Step Three: Talk to your friends.
Talking to friends may break the taboo around our general difficulty in discussing the financial issue: the more we practice financial discourse, the more discreet and natural this discourse will become for us, thus increasing our chances of improving our financial situation.
Fourth step: Overcome the embarrassment - be more honest when it comes to money. Find people with similar financial thinking to yours.
Find people with similar goals who think like you financially and take an open approach to the topic of financial discourse - it will create an atmosphere of sharing and make it easier for you to share yourself. They do not have to be people close to you in the reality of your life: you can find such people in interest groups on Facebook, various social networks, online forums, communities and so on.
Step Five: Set financial goals, objectives, and action plans
Building a plan that includes goals, objectives, and courses of action to achieve them may help you feel comfortable and reduce your embarrassment when it comes to money. For example, you can set yourself several financial goals for the coming year and derive goals such as saving $ 500 a month. Once you start working towards achieving this goal and approach it with cautious or quick steps, you will be more comfortable sharing with others and having a financial dialogue.
There are very few financial problems that resolve themselves. If we understand the importance of financial discourse and apply it in our personal lives, we will increase our chances of solving problems and improving our financial situation.
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