Why Your Financial Situation May Not Be Very Good

1 – The Salary

This is the most common thing one can stick with forever. If you are not satisfied with your finances first look at your current income. If, for example, you find yourself in a job with a mediocre salary, you need to consider changing the job or finding a side hustle. Of course, if you will not do anything like the latter but you expect, somehow, someday, someplace... things to change... probably you will wait for a long time. There are exceptions of course.

You may think that this seems so simple and obvious but I know so many people who are not aware of the most simple things in their life. So check it out: Is your Salary or your income satisfactory? If Yes move to the next reason, if not, start from there - Don't think about how to cut expenses but how to change the income.

2 – Set a clear "Total Expenses Sheet"

The second reason: although it too looks weird, the majority of people (i am guilty of this myself) do not know exactly how much money they spent. This is one of the most common traits that make people mess up financially. Usually, they don't know because they don't want to know.

Why? There is a psychological aspect to spending money. Sometimes when we become more unconscious we want to spend more money to feel good. And we don't want to see that we are doing this kind o self-sabotage. Actually, and to be more precise, it is this unconscious part inside of us that does not want to know because if we become aware of it we will stop it, and then this part of our personality will feel depressed not being able to release some steam through overspending.

So it is crucial to not let this happen and make a "Total Expenses Sheet" where you monitor and calculate all your expenses.

3 – Make Sure Your Expenses are less than your Income

"Oh, come on!" you will say. "This is for first graders. What are we, 7 years old?"

You will be surprised to learn that financially, 90% of the population are even 5 years old.

Even the Financial Mentor and Successful Business Man and investor Robert Kiyosaki who wrote the "Rich Dad Poor Dad" and educated millions in Finance said in his book that he met bankers and businessmen who could not make this simple calculation and when they saw this obvious formula the first time and put it actually on paper they had an "AHA" moment realizing why they were struggling financially.

So do a favor to yourself and just do it.

4 – Read More Books about Finance & Business

As a small financial player, you don’t need to pretend that you know many things. The fact is that we all need more Financial Education. Clearly state to yourself the truth and start learning

The good news? There are many books, seminars, and pieces of training today out there about how to play this game of finance.

Just learn and save yourself the trouble of finding yourself in financial trouble.

Think of It like learning to play monopoly. It is actually fun!

5 – Make Your Self Believe!

This is the last point I want to make and it is maybe the most important of all. I believe you are smart. you are so smart that for sure you could easily come up with the first 4 reasons yourself.

But then why?...

It is because you do not believe too much in yourself, you don't have the greatest opinion about your own qualities and potential. Simply stated, you put yourself down... and this HAS TO CHANGE!

I don't know what you will do eventually but if you want to change your financial situation you need to change for sure your MINDSET about Money. You have to transform your conditioning about this aspect of your life.

Start with this simple but Almighty Financial Mantra: "I Am Rich".

The way to do it is to repeat this Mantra and observe what is happening inside your mind and heart when you say it. Write down EVERYTHING you observe. Then separate the negative things that come up as reactions.

Change these things.

Repeat!

The Last words: Everything is a Habit

Yes, everything can be learned, practiced, corrected, and transformed. It is up to you. Take your time but start asap and change yourself, your mind, and your Finances. Make yourself Financially healthy and why not? wealthy as well. Do it not only for yourself but for the people around you as well and even for the whole world. Transform yourself and then help others to do the same.

We All Deserve a Better Future

Let's Make this World a Better Place!