Money Management

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Money Management is serious business. It can be tiring and boring, but necessary; Similar to exercising.


You don’t always feel like doing it, and you have to oftentimes think about the end results to stay motivated. The psychological approach to savings. Your attitude toward money management will determine how successfully you can put together a viable and realistic budget and plan in utilizing your money Beyond Retiring. Approach your planning with a positive mindset and attitude. This might take some practice, but it’s achievable. Plan Early for Beyond Retiring. If you find that you did not plan properly and early enough for your retirement, all is not lost. You must start somewhere.

There is no better time than the present to get your finances in order. Some people plan for retiring far in advance, some don’t really plan until they reach that date of retirement. Oftentimes, Retiring involves anxiety and Fear of the Unknown; whether its financial, social isolation, loneliness, or feelings of insecurity. Attachment to the workplace and friends made on the job over the years may cause one to dread leaving their jobs. Change is difficult at best, even if you think you have mastered the psychological and emotional aspects of change.

We have found that for many people, the biggest money management blunders often come at the beginning stages of Retiring, either just before, or right after Retiring. This is why it is very important to take the time to plan carefully. if you need help, secure the services of a trusted and knowledgeable family member or professional. You will need to get a good understanding of everything that is being presented to you; in order to make informed decisions. The decisions you make at the beginning of Retiring can either haunt or help you later on. This is especially true if you get “Bad” financial advice, and invest your money in all the wrong and risky places.

Our emotions play a huge role in how we manage our money; particularly when there is a sizable sum, which is often the case upon retiring. We tend to let euphoria and a false sense of security of having money, rise above being realistic. Being aware of your feelings and expectations upon Retiring, is key to making sound decisions about money management. There is nothing wrong with being excited but stay “grounded”.

The First two or three years after retiring, can be exciting. You have money to spend, hopefully, the energy to do and buy some of the things you always wanted. Sooner or later, boredom can set in and reality hits; Your lifestyle has changed. It’s important to stay busy, eat healthily, exercise regularly, and get proper rest and relaxation. Find activities that give you both pleasure, and productivity Beyond Retiring.



-Clara and Willie –