Money money. There is no human creation more loved and reviled than money. After all, doesn’t it allow us to cover our basic needs and desires? And when we lack it, we hate it, because we realize that we depend on it.

 

The truth is that we, in our walk through life, have come to build a healthy relationship with money. And here, we tell you how we have created 33 habits to ensure that we do not lack money and we can travel the world, without being millionaires, much less.
  • You have to change the negative thinking towards money. We have the thought that money is bad, that the rich person is bad or unhappy. Being rich or poor does not make you bad or good per se. Those are qualities that we choose and are not imposed by something external like money.

 

  • “Money does not give happiness”. It is a very recurring phrase that many people take to mean that money and happiness are mutually exclusive. Money alone does not bring happiness, but it is absolutely true that we need to cover basic needs, as well as wishes and desires in order to be happy. It is extremely difficult to be happy in misery.

 

  • A big problem that we see is that, despite the importance of money and economics, we are not really taught how to manage our finances. This is vital and we wrote an article about it.

 

  • We come from a family that went through a war and saving was instilled in us from an early age. Evaluate and consume what is strictly necessary in terms of water, electricity and services. And always to use, reuse and recycle.

 

  • The money must be invested. One of the things that pays the most and that almost nobody does is the investment habit. There are plenty of ways to multiply money, to make more money by serving as capital. It is worth informing you about the different options you have to invest.

 

  • We recommend making something that many call a “Treasure Map”. We have done it and the results are amazing. It involves making cutouts and pasting them on cardboard. Those clippings will be about items, situations, places that you would like to own or experience. This with the idea of ​​visualizing your desires every day. If you flavor those visualizations with emotion, they will rush into your world much more quickly.

 

  • Always keep a list of your expenses. Each month, record your fixed, variable, eventual and unbudgeted expenses. It is important to analyze this list monthly and annually and see where your money is going.

 

  • With the above relationship you can also calculate your monthly and annual net income. Add the income for the year or month minus the expenses for the year or month and you will get the net income. Never spend more than you earn. It is important to see how small expenses add up and become a real hemorrhage. For example, those ant expenses like having coffee outside (here in Montreal a coffee is 4 dollars) end up being a large amount of money monthly or annually.

 

  • Watch your account statements. Every week or month take and check the savings, credit and current accounts. See the charges that the bank makes to you, many times without asking for your authorization. For example, a credit card was charged monthly for services that I never asked for.

 

  • Once you receive your income, set aside 10% as a “reserve fund”. There is a tendency that the more you earn the more you spend. The idea is that the more you earn, the more you invest.
  • Be thankful for the things you have. Focusing on the things you have and what you can do with them, and not regretting what you don’t have, is a powerful motivator and magnet for prosperity. We believe that if you are grateful for what you have, you will always be provided for. Thank whoever you want, God, luck or the universe according to your beliefs and you will not lack funds.

 

  • Realize that if you hold a belief of scarcity, it will manifest. Scarcity thoughts are those of the type “how expensive is this product”, “it is impossible for me to travel the world”, change it to thoughts such as: “Right now I don’t have the money, but soon I will have it and I will acquire or do this or that”.

 

  • A simple but powerful trick: If I want something and I have the money, I suppress the desire to buy it right away. What I do is I write it down. If I still want it in a week, then I’ll buy it. It’s amazing how after a week you realize that you have almost always lost interest in the thing.

 

  • Set aside a percentage and invest it in your “financial education”. It’s money well spent. You can take investment courses, ETF training, passive investment etc. Try to choose training endorsed by companies or people with a recognized track record in the field of finance.

 

  • Every night, we hear positive phrases of prosperity. We listen and internalize them. Phrases such as “Everything I spend comes back to me multiplied”, “I am the perfect administrator of my money and my time”, “I am wealth”, etc. for Youtube there are quantities of videos with phrases of this type.
Do not miss the continuation of this article!