Personal Money Management Tips People Ignore

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The reality of life is sometimes pushed aside to allow for all of those daily distractions that hit us when we least expect it, especially when it comes to money handling issues.  Students in high school and college are required to take classes such as math, the sciences, English, computers. Yet the majority of schools do not require any type of personal money management tips and life training in preparation of going out and learning to function in a society full of high money demands.

Having little or no money handling ideas when it comes to managing money most definitely can lead to a life of struggle, living paycheck to paycheck and having no secure financial freedom going into the future.  Perhaps this is the reason over 77 million Americans are in debt. Wealth planning and money handling is completely ignored with the urgency of going out, getting a job and

bringing home a weekly paycheck.

Many agree that there should be some sort of mandatory money handling program that everyone is required to commit to, just like the tax system program that we have in this country.  A plan where financial understanding through budgeting, with continuing education of proper ways to handle money, and understanding how debt works.   Some sort of long term basic plan that gives people a good understanding of their money situation and planning for the future.  


Handling retirement money:

Over 48 million Americans receive monthly social security benefits and over 10 million rely totally on that monthly check due to not having any other income coming in. This falls back to the situation of not planning out their future, not understanding how they could have built  some sort of financial security throughout the years if they knew more about managing money.

Many of these individuals stated that they thought their social security benefits would carry them through the years but they failed to factor in such things as economic setbacks, price increases, an overabundance of medical bills, unexpected emergenciesthUMHHBPZ0

The average Social Security monthly check is approximately  $950.00

Over 50 percent of people that are still in the workforce today do not have a  pension

Over 33 percent have no savings at all set aside for their retirement years

What is more alarming is that almost 20 percent of Americans between the ages of 55 through 64 have nothing. They are finding out that they can’t totally rely on social security, yet they have absolutely no idea of what they are going.



So what can you do to get a grip on handling money and preventing

nasty money problems from taking over your life?



Lets look at handling everyday money issues:

  • Live below your means, learn to save for the expensive things, learn to wait until you can afford something instead of use credit cards and building up debt.
  • Maintain good health, mentally and physically. Your health plays a very important part in having a strong financial status.  How? Take care of yourself or end up paying more for medical expenses,  keep your mind sharp, never stop learning
  • Keep up to date on how your finances are progressing
  • Get knowledgeable on how you can make changes to prevent and minimize any money issuesthZNTMA11S
  • Change your social status and perhaps your circle of friends. Who you acquaint yourself with will affect your thinking and your success. Are your friends go getters, are they high achievers, do they know the value of commitment and go after what they want? Or do they dream their lives away, always wishing for something different, just getting by.
  • Can you learn a new trade, a new hobby or skill that you can turn into a side business.
  • Figure out a way to pay all of your bills on time each month
  • Figure out a way to bring in some extra cash
  • Understand the value of money and when used in the right way how it can work for you
  • Set aside a few hours each week to learn the best way to handle your finances and to
  • Learn to set realistic short term goals, and set realistic long term goals, work them and stick to them
  • Put yourself and your family on a budget, understand what money you have coming in and especially where your money is going each month
  • Learn to build your own financial success, get help from a mentor, from a financial planner, read as much as you can, get yourself organized

The actions you take  will display what quality of life you live,

and what your future outcome will look like!!




You can check out more  tips and ideas, find more resources to get your gears in motion:


Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By   This book teaches you how to think differently about having money, dealing with debt and especially with everyday life issues.


How to Manage Your Money When You Don’t Have Any.    This source is all about surviving the hard times, an excerpt from the book says it all.     This book was “specifically written for Americans who struggle to make it on a monthly basis. It provides a respectful, no-nonsense look at the difficult realities of our modern economy, along with an easy to follow path toward better financial stability that will give hope to even the most financially strapped households”      



There are hundreds of personal money management tips, ideas and basic understandings to take in consideration,, that millions of people fail to take advantage of.  Use this information for yourself or share it with friends and family members. Learn to make changes, learn to be in total control of your money.


Never Stop Learning….Angela


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  1. Audrey

    Thank you for all the tips and additional resources provided. I think the biggest thing that is most important in achieving financial stability/long-term security is resisting lifestyle inflation and living below your means. Otherwise, it causes huge problems when trying to save, pay for unexpected expenses, etc. and can turn into chasing something without an end goal in mind.

    1. Angela

      You are right Audrey, not only inflation and living belong your means is huge, but understanding the basis of your own personal finances is a major issue for most people. A lot of individuals need finances 101 and then be able to commit to their money issues.



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