Previous we discussed the role our personality plays in money management. We need to have confidence in ourselves, have a positive attitude about what we are doing and the rewards. We also need to have a defined goal. Having a clear line of sight provides multiple advantages. First, goals are motivational. When we have an obtainable milestone in front of us, we work harder, we accept more hard times and do more. It also keeps our mind active and focused. a clear goal makes it easer to remain concentrated on what we are doing allowing us to achieve more in everything we do. In addition, this active mind is more likely to consider the goal when making decisions (such as purchases). One of the most difficult mires to get out of financially is an idle mind. Complacency and an idle mind promotes depression and all together create a difficult financial situation, not just in taking our focus off of our goals and other, but lead us to search for recovery, typically in the form of buying more, going on vacation more, eating more, spending more. Of course the problems extend far beyond our finances though we have only discussed the financial ramification.

Simply put, live a happier life by remaining goal oriented. Have the confidence to do, keep your goal in sight, set your plan in motion, and you will be unstoppable!

The next chapter: Chapter 7 - What does a money manager do?, we discuss practically what the role of a money manager is and how to properly control the flow of money in our our own lives. Click Here to continue.