Healthy relationships are defined by two things: effective communication and healthy boundaries. The more you communicate with your friend or colleague, the more you will know about them and the more they will know about you. This enables you to make decisions that will benefit both of you. Communication also helps you to set boundaries because you know what makes the other person uncomfortable and as such, they know what makes you uncomfortable! These often-unspoken rules apply to every relationship, and they apply to your relationship with money too…
I have mentioned it many times before: you are in a lifelong relationship with your money.


It may sound weird; how is your money supposed to talk to you? Well, for starters, how long does your money stick around in your account? If you answer is ‘not very long!’, then keep reading!
The way that we communicate with our money is through our ideal spending plan. With this monthly planner, you are able to articulate where your money is coming from and where it is going. You are able to put into words the plan that you have for your money. You can decide how much you will earn, how you will save it and how you will spend it. You can hold this power!
You need to think it, ink it and then speak it! That is communication! As you do so, you will find that money sticks around a little longer in your account for you to have a healthy, abundant relationship with it. This all starts with communicating your plan.


The next step is to create boundaries, or money rules. You may have never thought about what rules you apply to your money, but the truth is that if you’re earning and spending money, then you have some rules! Consider what these might be. Here are some suggestions:
  • Pay rent first
  • Clear my debt before I start saving
  • Always keep some money aside for the kids
  • Try to save whatever is left after bills have been paid
  • I spend whatever I earn as soon as I have it

Do any of these sound familiar? If they do, then perhaps you’d like to work on changing some of them. I have six money rules that I share with my clients on a regular basis, but here are the first three:

1.  Spend less than you earn
This may sound obvious, but if it were a rule that we stuck to, many of us would not be in debt!
2.  Save a portion of everything you earn – your savings ‘department’ becomes your first filter
You don’t need to put off saving until you have cleared your debt. Start saving today, start small and be consistent!
3.  Assess: is it a need, or a want
Before you purchase something, make sure it’s something that your family needs. These should form the foundation of your ideal spending plan. Once you’ve got these bases covered, and you’re saving, then you can spend extra income on your ‘wants’.
This, we’ll be looking at ways to increase and expand your savings! Are you saving 30 to 40% of your Income? Are you building income-generating assets? If not, would you like to learn how? If so, register for one of our June workshops or contact Linda directly.

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