Are you really good with money… or are you just ignoring money red flags? That’s right, there are red flags when it comes to your relationship with money just like there can be red flags in a romantic relationship. So what are these red flags? Experts shared with “Huffington Post” the biggest red flags that your relationship with money isn’t a healthy one.
- Not checking your balances. Are you avoiding checking your balances because “ignorance is bliss?” Yeah… that’s not healthy! This can actually lead to more anxiety over your finances.
- Limiting your beliefs around money. Beliefs like “money is evil” or “we don’t deserve money” can limit you, like not trying for a promotion because you’re worried a bigger salary makes you “greedy.”
- Comparing your financial situation to other people’s. Yeah, it’s hard, but you should never compare yourself to others, even financially. Everyone’s finances and priorities are different.
- Tying your value to your finances. Money shouldn’t define who you are as a person. You shouldn’t feel more worthy because you have more money.
- Not being able to accept gifts. It can mean you feel unworthy. You don’t need to earn everything yourself!
- Chronically overspending. This one is probably a given, but don’t spend more than you have.