3 Tips & Thoughts on Managing Your Money

Here are the three money management tips to help master your finance starting today!

1. Know your income, expenses and have a thoughtful budget

2. Focus on saving first before thinking of spending

3. Don’t save to save, but be purposeful and save towards your specific goals (paying down debt, towards wise purchases, etc)

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Now, beyond the three important money management tips above, I want to share with you these three perspectives as you are thinking about building your own wealth:

1. It’s important to learn to manage what little money we have now and make, so we can learn, build good habits, and be prepare for when we will make more money and have more money to manage in the future.

2. How we think about money makes the world of a difference. Know that money is just money, it’s neither good nor bad, it’s "how" we treat and use it that really matters.

3. Our money habits are very important to our money management success, so take note of our current habits and learn new habits to replace any bad money habits that may not help us in building wealth.

So, get more personal with your finance and think differently about managing your money. Know that you should be the master of your destiny and also over your future by the decisions you make. Remember to manage your money, so that it will not manage you.