Money in Your Life free essay sample

Our world is primarily based around money. How you view the money in your life affects your lifestyle, what you will do with that money and how you will supervise it. Making sure you are given the tools and knowledge as to manage your money will help you to manage your whole life and make better decisions. Interviewing my mom has taught me the different ways that money can impact your life. How you grow up can affect the way you run your finances. It can either motivate you to change what your parents did, and make it work better for you, or you can make the decision to mimic what they did. My grandparents would work together to work on finances and create a budget. They were able to make plans allowing them to provide their family with not only their needs but their wants as well. My mom has taken this and used it in her own life. We will write a custom essay sample on Money in Your Life or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She communicates with my dad to make their finances work for our family. My mom has mimicked what my grandparents were able to do with their money and implemented them into her own life using the skills she learned while growing up. What you are taught about money and how to utilize it affects what you will do with your money. If you are taught the correct ways to use your money and how to manage it you are better off. My mom learned most of her money skills from her parents. They gave her a foundation for money management. She could take these skills and use them to her own advantage. She also took accounting classes in high school which helped too. She says that she should have used more of what she was taught and put it into her own life. The principals of money management stay the same but from the time my mom was growing up to now technology has made a huge impact on how we manage money today. You also have more options and opportunity to make money. Technology, like computer programs for tracking your money or making projections was not available to her growing up. This generation learning it now is at an advantage. How you view your money is another major factor to how you use it. My mom’s parents had a positive attitude toward their finances. They were in mutual agreement in the way they spent and saved their money. Money can have both positive and negative impacts in one’s life. It all depends on how you view the money. It can be an incentive for things you want to have in your life. It can also hold you back from thinking positively if you think you don’t have enough or ways to get what you want. You need to think positively and figure out create ways to make money work for you. Things like investments can be one of the most positive impacts on your life, it was for my mom. You need to learn your options and know what you can do with your money. She says you need to be willing to learn and read books on how to view money and what attitude you should have toward it. Find people to look up to that know how to manage their money and be able to think like them. Living in a world that revolves around money means you need to learn how to manage your money. How you view that money will affect your lifestyle. Interviewing my mom has made me think about how I should manage my money and how much of an impact it will have in my life.