I’ve been sharing money saving ideas for many years now. Â Any time I share an article, I am usually met with some type of resistance. Â People instantly defend the way that they handle money, just because I may have a different idea than them.
For example, I share that most people should not use credit cards. Â I don’t really use them and feel others should not either. This is not shared so to be argumentative. Â In fact, any time I discuss credit cards (or any topic for that matter), I always explain why I feel the way I do.
To be frank, I’ve felt this way before too. Â I’ve had people share an opinion that may differ than mine. In that moment I will often feel frustrated or angry. Â But, am I angry with them, or am I more angry that I might be wrong? Or, is it because I’ve closed off my mind to a new idea?
Over the years, I’ve thought a lot about this. Â As a result, I’ve reached great success with our finances. And, it is all because of one simple thing. Â There is one thing you need to do to control your finances.
Read More:
- The Secret Method for Sticking to a Budget
- The Ten Truths as To Why You Buy Things You Don’t Need
- Why  Your Budget Is Not Working (and how to fix it)
THE ONE THING YOU NEED BE SUCCESSFUL IN YOUR FINANCES
An open mind.
That’s it folks. It is not a secret formula or magic trick. Â It is simply allowing someone to talk about an idea other than your own.
If you are in debt and getting no where, why would you not want to listen to a new idea from someone who has been there. Â If your current plan is not working, it is wise to try something new. Â What have you got to lose?
The definition of insanity is doing the same thing over and over again, but expecting a different result. Â Are you being insane with your money?
I find that the more willing I am to listen to new ideas, the more I can learn something new. Â When you open your mind to concepts and ideas, you are always growing. Â You are always learning. Â You might even find the perfect solution to your issues.
WHAT I LEARNED
At the beginning of this article, I talk about credit cards and how I would tell people never to use them. Â While I still believe that, I’ve actually listened to others and opened my mind to a new idea.
My husband and now have a credit card. Â We actually use this to pay all of our regular monthly bills and then pay it off each month. Â That’s it. Â We don’t really use it for more than that.
When we realized we could make a little cash back by doing this, it made sense. Â And how did we figure this out? Â We opened our minds and listened to a new idea. We were willing to try it. If it didn’t work for us, we could always stop.
Now, we earn a nice little bit of cash each month on those purchases. Â The money is always in our account so we can pay our bill in full each month. Â We aren’t waiting for payday to arrive to pay the bill. Â We never charge any more than what we would have in our account to ensure it is paid in full. Â Being open to a new concept has been good for us.
I challenge you to be open to new ideas to help you learn more about how to control your finances. Â Allow yourself to be coachable and willing to try something new. Â After all, you’ve got nothing to lose and you might just discover a way of doing things that actually makes more sense.