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Consider how often you make impulse purchases or struggle tostick to a budget.
The difference is huge, but you cant get there if you dont put in the work.
Here are seven strategies tohelp you strengthen your relationship with money.
Create a Monthly Budget
Map out your monthly budget and stick to it, said Holtam.
Its an important tool that can help guide your financial strategy throughout your life.
Take a step back and see your financial challenges as external problems, she suggested.
Your worth does not revolve around money.
Your debt does not make you a bad person.
Your past money mistakes do not define your financial future.
Remember: anything that happens to you financially is fixable.
Youll find you have adifferent, more positive relationshipwith money.
Budget for the Worse-Case Scenario
Stanley said that most people budget with the best-case scenario in mind.
She said that instead, you should shift to budgeting for your worst-case scenario.
For example: what was your highest energy bill this year?
Try budgeting that figure each month for your electric bill.
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