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A Money Gaining Attitude

Posted on January 4th, 2010 by Amara Dumlao |

A lot of positive personal growth comes from having the right attitude. Money works in the same manner. Here are three suggestions, which helped me, to begin creating a money gaining attitude.

Consciously Choose Your Terminology

The best writing is not just about what is being said but also the terminology used to express a thought or concept. From fiction to resumes, word choice matters. Therefore it stands to reason that the words used regarding money should be strategically chosen.

Suggestion: Exchange weak sounding fiscal terms for words that come a crossed as stronger.

Examples:
  • Swap the word ‘cheap’ for ‘economical’
  • Instead of ‘stingy’ try the term ‘frugal’

Rise to the Challenge

When there is less money to spend it can be viewed as either an exciting challenge or a devastating defeat. By choosing to see the situation as something to overcome we put power back into our own hands, even if money is not.

Suggestion: Be empowered to change by financial challenges

Examples:
  • See if you could benefit from something free in place of an activity you have previously spent money on. For me a simple switch was taking walks with my friend as an alternative to our usual meetings at an expensive coffee house.
  • Have you made a list of your immediate financial needs? How about your long-term goals? These two lists can help you avoid financial challenges in the future by targeting your goals now.

Focus on What You Can Do

So maybe there are hurdles everywhere you turn, well time to get jumping. When a bad financial mood hits, respond with greater force and will for positive action. Don’t just make lemons into lemonade but consider creating your own stand.

Suggestion: Do what you can now.

Examples:

  • Consider asking your close friends and family about financial choices, books, or ideas that have helped them set up a strong future.
  • Set up an appointment with a specialist such as a banker, accountant, or financial strategist to talk about where you want to be and how you can begin attaining your goals.

Making financial progress begins with cultivating the right attitude towards money. It is not a change that occurs overnight but through regular work and persistence, you can create a stronger more financially sound future.

Amara Dumlao is a Reviewer, Writer, Designer and Marketing Consultant. A graduate of the Eller College of Business Management at the University of Arizona and a former Banker, Amara combines global business savvy with creative real world financial applications.

A regular community volunteer, DIY enthusiast, social networking guru, and avid traveler, Amara believes in applying the wisdom of the past with the technology of the future to create a fulfilling balanced life.

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