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01 Oct 2016

The Most Common Types of Money Problems


Money is a very practical thing that helps us to change our working capacity, knowledge and ideas on certain things necessary in our lives, such as bread, electricity, transport and so on. At the same time “money” for most people often mean more than a simple exchange mechanism. Sometimes money is perceived emotionally and even magically.

And what are the most common money problems that people experience? Be sure that you’d also have heard the phrase “I do not know where my money is!” It is said to be one of the money problems faced by the society. We often are not able to or even afraid to take control of our money. It comes from our family and childhood. If the family is not accepted to talk about money, it is understood that the money becomes something magical, or even prohibit the wrong. The result is that we are not able or do not consider it necessary to use our common sense of money matters.

A second characteristic feature of the money problems is: “Why should I worry about the money?” This is the next most common problem of money. We tend to believe that we simply have the right to get as much money as we want and when want. For us, it seems that money is something special. There is no need to work on it, there’s no need to think, to plan or make decisions. On the contrary, as we do with all the other things in our lives- the education, work or kids.

We, of course, deep inside know that it’s wrong. Money is limited. Knowledge how to manage it and the decisions on how to use money, how to keep it and how to earn, is essential. We can not escape from responsibility for life. This, of course, not at all means that we can not live a pleasant life, and that we give up all nice!

And this leads to another problem, called “I’ve never known how to handle money.” We often imagine that the ability to handle money is something special, which is not capable of all, as if it were something that we know from birth and if not then can not learn.

But that’s not right! We have the opportunity to grow and develop as individuals in every area, both personal and monetary terms. And they really are connected. If we want to have success, we have to develop a number of areas-health, money, personal life and family life.