As I thought about the purpose and approach of this blog, I knew I wanted to offer something different. My idea for Finance Mindset has never been about telling others how to handle their finances.

Regardless of how we think about money, raising children, or any aspect of life; I personally believe there is more power in learning a correct principle and deciding how to apply it on your own – rather than being told what to do.

We have all seen young kids who are adamant about doing a certain thing that their parents warned them would be harmful, only to do it anyways and learn the hard way that mom or dad was right. I am not convinced this attitude changes entirely as we get older, however; the decisions to become more important and life changing in nature.

Maybe there is something built inside each of us where we gain satisfaction in figuring something out ourselves – maybe it’s just pride. Either way, for most of us we find difficulty in being told what to do.

No One Likes to Budget

I have to admit, I do not love budgeting – as I am sure most of you feel the same way. Yet, if you search for budgeting help, you will find endless blogs, podcast, resources, and advice on how to properly do it.

I’m sure a very high percentage of households includes a budget as part of their New Year’s resolutions. We all know we need to track the money we are spending. So why is it so difficult to do?

I believe it comes down to that habit we learned when we were young. Most of us answer with resistance when we are told what to do, or that we can’t have something we really want.

After all, we work hard for the money we earn and to be seemingly told we can’t have any fun with that hard-earned money is a hard pill to swallow. I’m not convinced that pill has to be swallowed.

Developing a Mindset of Empowerment

With the abundance of information, it is vitally important we carefully weigh different approaches to find what works best for us. I have found that when there are two conflicting ideas it is usually not because one is right and one is wrong, but rather different approaches will work for different people.

So how do we know which approach we must take – especially on important and dreadful topics like budgeting? This is where mindset comes in. Just because something is dreadful doesn’t mean it isn’t important and shouldn’t be tackled.

This takes us back to what I hope to accomplish through this blog. There is great wisdom in the old proverb: Give a man a fish, feed him for a day; teach a man to fish, feed him for a lifetime. This is true for each of us.

I firmly believe we all need to learn and enlighten ourselves as much as possible. As we do so, we develop a mindset that will help us make enlightened decisions. As we feel this enlightenment, we are more likely to adopt mindsets that will help us to grow – even in budgeting.

I hope this blog will provide content that you can use to help shift your mindset into an approach that will work for you and help change your life for the better.