Are you reactive or proactive about addressing your financial problems? Obviously, those aren’t the ONLY two choices, but hopefully you aren’t totally inactive! No matter how tempting it may be (particularly in these economic times) to totally ignore your finances doing so is very dangerous to your present as well as to your future.
Reactive behavior means waiting to deal with your financial problem(s) until you absolutely cannot avoid doing so one moment longer.
Proactive financial behavior is having a spending plan that you live by and with, contacting creditors to discuss options or arrange payment plans when/if you find yourself struggling with unanticipated financial challenges. It means doing your best to honor your financial commitments whenever possible and is reflected by your efforts to learn more about money management and to consciously raise more money-wise children.
- Some men and women avoid their money problems and issues because they feel undeserving or guilty about wanting things for themselves.
- Some feel unable to overcome the fear of poverty.
- Others feel they are unable to do anything right when it comes to money.
- Still others feel they don’t have enough money for it to make a difference.
- And others feel unable to give up the fantasy of having someone else take care of them.
