Money Is Emotional

Money Is Emotional



Money is​ Emotional
Pathfinder operates on​ 10 principles originating from books Money Mastery by Alan Williams and Peter Jeppson and the​ Richest man of​ Babylon by George Clason as​ well as​ information I’ve learned over the​ years .​
Principle No .​
1: money is​ emotional .​
When we​ make and spend money,​ it’s an​ emotional event .​
When we​ get a​ raise,​ we​ celebrate .​
When we​ get laid off,​ our routine and activities are often derailed because of​ it .​
Most of​ our spending patterns are emotional .​
For example,​ we​ don’t plan ahead of​ time to​ buy a​ car .​
Daily,​ we’re barraged with ads and commercials that tug at​ our emotions .​
Even if​ you deserve the​ new item and you’ve been working hard,​ you still bought the​ item emotionally .​
The point: If we​ can acknowledge money is​ emotional,​ we​ can then plan and master its power over us .​
We’ll never change the​ fact that money is​ emotional,​ but we​ can change our spending behavior.
Student testimonials say tracking their spending helps them realize how much they actually spend .​
Tips from those who have curbed their spending are helpful:
>Paying with cash helps some people spend less (compared to​ paying with credit cards or​ by check)
>Shop with a​ plan or​ list and stick to​ it
> Get an​ accountability partner,​ someone who you can share what you purchased during the​ week .​
>Instead of​ ordering two full meals when they go out to​ dinner with someone (taking home leftovers),​ split a​ meal and order an​ appetizer or​ dessert instead.




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