The Money Myth Holding You Back from Freedom
Do you ever dream about that raise or promotion, thinking "Once I make more money, then I can finally..."?
This is what I call "More Money Syndrome". It's the belief that a bigger paycheck is the magic solution to all your financial woes. Sadly, it's often not the case.
Why? Because even with more income, you'll still struggle if you don't have a system to manage it.
Think of the famous athlete who was making millions and ended up broke. Think about your last raise when you never noticed any extra money coming in.
In these examples there was more money coming in, but lacked a plan for where it went.
The Solution: A Money System
Without a system, even a higher salary can quickly disappear, leaving you stuck in the paycheck-to-paycheck cycle.
Just like me in my 20s, you might be blaming your financial situation on a limited income. But until you know where your money goes, more of it will vanish, regardless of how much you earn.
The Power of Planning
Creating a money system tells every dollar where to go, making your income work for you. This system allocates funds for essentials, savings and investments for your future, and allows you to spend guilt-free on present needs.
More Money, More Options
With a financial plan in place, additional income becomes a tool for growth, not just a fix. You decide how to leverage it: accelerate your savings for a home, boost your retirement fund, or increase your lifestyle expenses.
The key is making informed decisions. A good money system empowers you to take control of your finances and finally make money work for you.
Ready to break free from the "More Money Syndrome"?
Learn how to create your personalized spending plan (the foundation of your money system) in my free training.
Kathleen Marcell is a Financial Coach who helps people in their 20s and 30s feel confident about their financial future. She lives outside Chicago, IL with her husband and twin 5-year old girls. She left a stressful job in 2011 with $2k in the bank and $40k in debt. It was a scary financial wake up call! She committed to learning everything she could about personal finance so she would never be in that position again. Now, she’s on track for an early retirement and ready to teach you the exact steps she followed to get there.
Connect with Kathleen & learn more about her work at https://www.thefinancialreframe.com/
