As you know, I have really been focused on money this year. With a six-figure student loan bill to cover, it’s time to get serious. I’ve been much more aware of where my money goes and how I’m investing it. There are hardly ever any more impulsive “just because” purchases. From newsletters (check out Daily Worth for great tips on women’s financial tips) to financial blogs, I just can’t get enough money tips.
Enter The Money Code by Joe Duran. This is one of the first actual money books I’ve read and I couldn’t be more pleased. It includes a basic story that injects financial tips throughout. The basic premise of the book involves a self-analysis of your spending attitude and how to improve your relationship with moeny. You have to ask yourself how you spend and how you feel about money, because regardless of your income or history, your relationship with money is emotional.
From the book, I realized I am a Fear Money Mind. I worry about not having enough money. I often think of the worst-case scenario and have anxiety about these potentials. And coincidentally, I feel guilty making purchases for myself because I don’t want to encounter any scary situations with my checkbook. In The Money Code, I then learned that there are ways to cope with the way I think about money. It taught me that it’s ok to spend money on myself every now and then, if I have the means to do so. It taught me that the worst-case scenario is almost never as bad as I think it is. It also taught me a concise play-by-play method for making a sound financial decision.
Because we often don’t get financial lessons from our parents or school, I think everyone needs to read this book. We often don’t realize how much our economic stance is tied to our family history and how we were raised. I think growing up with limited means definitely has shaped me into my fear money mind, but there are ways around it. No matter what your goal (saving for a house or going on vacation), this book will help you pave the way.
How is your relationship with money?
