Environments – Part 6 – Personal Financial Environment


We will now briefly explore the Financial Environment. This environment includes money, budgeting, investments, earnings, spending and our relationship to the acquisition of wealth.

Although I listed it last, the most important part of the environment has to be our relationship to the acquisition of money. By that I mean, how we value our time and service as well as our attitudes towards acquiring wealth. Is it OK for us culturally to be wealthy? Like most inner mind things, if the answer to this one is that I am unworthy of having more money then I will lack that motivation to aggressively pursue money by not asking for raises or not raising prices.

Other strong influences in this environment are budgeting and investment planning and a good accounting system. Without these in place of with slipshod system, the chance of acquiring wealth to retire on is slim. In the short run, lack of financial management will increase the chances of short run financial drama in the form of late charges on credit cards, higher interests due to late payments and lots of calls we would rather not have.

As with all the environments, it is very good to question what if anything are we tolerating in relation to financial matters. Are we putting up with being paid less that we feel we are worth? Are we working for the money or do we really love our occupations?

There is an old saying, “Money does not bring you happiness, but it sure can make happiness more comfortable!” Paying attention to our financial environment will go a long way towards assuring a comfortably happy life.

If you have questions or comments, please post them in the comments section. I am looking forward to a lively discussion here on the blog.

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Comments on Environments – Part 6 – Personal Financial Environment

August 28, 2011

Hines @ 9:03 am #

This site is like a classroom, ecxpet I don’t hate it. lol