Transcripts

Julie Stav:
Money buys you options - it buys you the time to concentrate and cultivate that special gift that each one of us has been given. If you're worried about paying your bills, you cannot worry about doing good.

Financial expert Julie Stav, author of the book The Money in You, says we can all start to be better money managers by simply noticing how we spend our money day- to- day.

Just becoming aware - like maybe going to the ATM machine three times a week, maybe getting that expensive coffee every day. We realize how much money is just running through our fingers and we can redirect it - which is really what's important here. It's what is important to you and what are you willing to do to reach your goals?

Julie's noticed in working with her clients that a lot of people either believe that they're not smart enough to be an effective money manager or they're just not all that interested - but those attitudes, she says, really hold people back.

Because it's not a matter of I don't want to play the money game, it's a matter of do I win in this game that I have no choice in playing? If you're renting, if you're buying, if you drive a car you've purchased, you're already in the money game. The question is now, " Are you going to be successful or not?"

Making peace with the money you have and learning to take control of it is really critical says Julie.

And you know what? - what really shows in research is that you are happy and then you attract success, it's not the other way around.

At somethingyoushouldknow.net I'm Mike Carruthers and that's Something You Should Know.