Money rules that you can count on

relationship with money 1

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…

You are in a lifelong relationship with your money.

Communicating with your money

So how does your money communicate with you?  Well, for starters, how long does your money stick around in your account?  If you answer is ‘not very long!’, then keep reading!

Money does not talk, but it listens.

What do you say about money?

What does money hear when you speak about it?

The way that we communicate with our money is through our thoughts and beliefs about money.  You also connect with your money when you draft your income and spending plans.  When you do your monthly and annual financial planning, you are communicating with your money.  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 wish to earn, what you will spend and have much you will save.  You 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 build a healthy and abundant relationship with it.  This all starts with communicating your plan.

Setting boundaries with your money

rulesThe next step is to create boundaries, or money rules.  You may have never thought about rules that you would apply to your money, but the truth is that if you are earning and spending money, then it is best to have some rules!

For example, do you believe that you must pay bills first, followed by your debts and then save what’s left?

Sound familiar?  Yes? That is a belief will keep your bank account empty! Perhaps you would like to work on changing your beliefs and communication. It becomes a vicious cycle and perhaps you want to move to the cycle of abundance.   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 you followed, you would not be in debt!

save first

  1. Save a portion of everything you earn:

Your savings is your most important expense.  You don’t need to put off saving until you have cleared your debt.  Start saving today, start small and be consistent!

needs vs wants

  1. Is it a need, or a want:

Before you purchase something, make sure it’s something that you really need.  These should form the foundation of your spending plans.  Once you have got the basic’s covered, and you are saving, then you can spend extra income on your ‘wants’.


It is not what you make, but what you keep, that counts…


Join me on my next FREE Wealth Webinar session on Tuesday 22nd September at 8pm

We will be looking at how to increase your income flow and grow your savings, to ultimately get your money working for you!  Imagine saving 30 to 40% of your income and building income generating assets?  Click here to book your spot.  I look forward to connecting with you online.


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