The Mastermind Within Podcast

Become the Master of Your Money with these Six Easy Steps


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Becoming financially successful can be done if you have the right mindset and game plan. Mastering your money is a great goal, and through finding success with your money and finances, you’ll be able to live life the way you want, stress-free.

Being a master of your money is an incredibly empowering feeling. Having a strong financial foundation can remove the feeling of the helplessness, which so many people experience. While it may seem tough, mastering your money can be done.
While you might feel uncomfortable talking about money, having a shaky financial situation can take a toll on your well-being. Money is commonly cited as the leading cause of relationship issues in the USA.
Money is also the top cause of stress for an individual based on respondents from 22 countries!
You can get a handle on your money starting today, and become the master of your money.
You may be thinking: What exactly do you mean by becoming a “master of your money? How can I master my money?”
Mastering your money is coming to the realization you are in control of every aspect of your finances.
Make no mistake, improving your financial situation will not be easy. However, there are a few easy steps to take to get a handle on your finances, regardless of where you’ve been or where you are currently.
Following these six easy steps will allow you to overcome the feeling of being overwhelmed, allowing you to get things back under control.
Whether it’s making money, spending money, or saving money, YOU are the master of your money – and your life!
In this post, you’ll learn about the following easy to take steps to get control of your money:

* Educate Yourself on Personal Finance
* Understand the Current State of Your Finances
* Categorize and Track Your Income and Expenses
* Set Goals and Use Affirmations
* Automate Your Finances
* Understand How Your Money Can Grow Over Time with Investments

Let’s dive into each of these steps to help you master your money.

1. Educate Yourself on Personal Finance
Becoming financially literate is the key first step to mastering your money.  This is easier than ever in today’s day and age with an unimaginable amount of information available to you online and in books.
If you are new to personal finance, it can be very intimidating.
There are hundreds of terms made up my financial advisers and other “professionals” which seemingly are made up to confuse you.
You don’t need to know all of these terms, and can start with the basics. In the next section, you’ll learn the five most important things to track and calculate for yourself.
Also, by learning more about personal finance, you can learn what to do, and what not to do with your money.
People often say that the best way to learn is from making mistakes. I say the best way to learn is from others’ mistakes.
Luckily for you, there is a vast amount of people from all walks of life who share their experiences (including mistakes) on the Internet.
Check out this list of 200+ personal finance resources that I have curated. There are different forms of media for people of all tastes; the list includes books, blogs, podcasts, and more!
2. Understand the Current State of Your Finances
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The Mastermind Within PodcastBy The Mastermind Within Podcast