Taking control of your finances is as simple as changing the way you think about money!
Ever wonder how some people get all the luck and others seem buried in the bills?
It is all about attitude towards money, say experts. Here, we debunk common myths and share practical advice to help you control your financial future.
“AS LONG AS MY JOB PAYS THE BILLS, I AM DOING FINE”
THE TRUTH Your lifestyle today may not be sustainable forever.
“The biggest lie we tell ourselves is that we are doing fine if we have a good income, a nice car and enough money for holidays,” warns Deanne Carter, founder of the Women’s Money Forum.
“In fact, we should be thinking about that time in the future when we no longer have wages coming in,” she advises. “Unless you are actively building a retirement nest egg as well as paying off your home, you will not be able to afford to retire and have the same lifestyle you do now.”
“THERE IS NOT ENOUGH MONEY IN THE WORLD FOR EVERYONE TO PROSPER”
THE TRUTH There is enough for you.
The fear of not getting your fair share is a negative mindset that becomes a self-fulfilling prophecy, says Julie Ann Cairns, author of The Abundance Code: How To Bust The 7 Money Myths For A Rich Life Now (RM63.47, from Kinokuniya Malaysia).
This story is from the December 2016 edition of The Malaysian Women\'s Weekly.
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This story is from the December 2016 edition of The Malaysian Women\'s Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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