In a healthy relationship with money, your money supports you to live a satisfying, fulfilling and meaningful life and you in turn, respect your money enough to learn how it works, to be honest with where you stand with it, and to do the best you can with it.

How do you know if your Relationship with Money is Healthy?

Start by examining your beliefs and thoughts about money and reflect on your experience with money (past and present). How did your parents handle money? Was it a source of stress in your family when you were growing up? Are you satisfied with the amount of money you have? Do you feel confident that you have enough money to live the life that you want? Do you avoid opening your bills? Are you a shopoholic? Do you put off making financial decisions and taking control of your money?

Making Friends with your Money

I know it’s tempting to think that more money will solve your problems, but ‘more’ doesn’t guarantee a better relationship with money or increased happiness. I just read that 70% of lottery winners blow their winnings within a few years and end up where they started – or worse. And a recent Maclean’s survey found that, as long as a person’s income was at least $40,000, more money didn’t mean greater happiness. The real key to financial satisfaction isn’t measured in dollars and cents, but in how successfully you manage and allocate your resources towards living an authentic and purposeful life.