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Post Info TOPIC: Financial Responsibility


MIP Old Timer

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Financial Responsibility
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We are responsible for ourselves financially.

What a frightening, grown up thought that is for many of us - taking responsibility for money and our financial affairs. For many of us, handing over responsibility for our financial affairs has been part of a codependent trade off in our relationships.

Some of our emotional dependency on others, on this tight tie that binds us to others, not in love, but in need and desperation, is directly related to financial dependency. Our fears and reluctance to take responsibility for our financial affairs can be a barrier to the freedom we're seeking in recovery.

Financial responsibility is an attitude. Money goes out to pay for necessities and luxuries. Money must come in, in order to go out. How much needs to come in to equal that which is going out?

Taxes... savings plans...appropriate spending habits that demonstrate an attitude of financial responsibility.... Part of being alive means learning to handle money. Even if we have a healthy contract with someone that allows us to depend on him or her for money, we still need to understand how money works. We still need to adopt an attitude of financial responsibility for ourselves. Even if we have a contract with someone else to provide for our financial needs, we need to understand the workings of the money earned and spent in our life.

Self-esteem will increase when we increase our sense of being financially responsible for ourselves. We can start where we are, with what we have today.

God, help me become willing to let go of my fears and reluctance to face the necessary parts of handling money responsibly in my life. Show me the lessons I need to learn about money.

From The Language of Letting Go

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Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind. ~Dr. Seuss


Member

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Thank you for posting this. Although my husband and I both do the savings and SEPs, 401K's and the investments, we are also taking Dave Ramsey's Financial Peace University.

I think everything that you posted is very true.

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Newbie

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Financial freedom is something that everyone should think about it. I have already invested money in share market. Now will be starting Forex trading too, thought ask from for long term investments.

Spam URL removed. 4-26-17, Tanin



-- Edited by Tanin on Wednesday 26th of April 2017 02:56:45 PM

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MIP Old Timer

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Somehow I have ended up with quite good investments, and a good degree of financial independence. I cant really say I have done anything other that work hard for a period of years and spend less than I earn. It has been about living one day at a time, just doing the right financial thing each day.

I have never been able to relate to long term financial planning or goal setting. The plans and goals have no meaning to me. I set a goal one week, and have lost interest in it a few days later. Intellectually, I know the value of goals and plans, but I just dont get the feeling for it. It has been very much keep it in the day, look after the pennies and the pounds will look after themselves.

The other experience I have had in recent years has been a very clear fulfilling of one of the thrid step promises. "We have a new employer. Being all powerful He provides what we need if we stick close to Him and perfomr his work well." Not sure I am doing that good a job with my part, be He has certainly held up His end.

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Fyne Spirit

Walking with curiosity.

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