8 Money Management Tips

Whether you are a billionaire or zero-naire, managing your money is key, to having more of it.wealth

In this article, I share 8 tips to help you manage your money more wisely.

  1. Spend Only What You’ve Earned.Spend money

Don’t use money you don’t have: such as credit cards-especially in case of emergencies.

  1. Examine Your Spending Habits.Spending habits

Take time to see what you mostly spend on and determine if you are a compulsive shopper or actually take time to budget.

  1. Make A Money Plan And Stick To It.

If you don’t have a plan then you won’t know where you are going. Remember that a plan is like a GPS that leads your way. Note that although we have to be flexible with the planning and execution of our financial needs, it is better to have a plan on how we want to spend our money.

  1. Do Not Buy What You Don’t Need.Shoping

Before you go shopping firstly make sure that you don’t already have what you are going to buy. Secondly, examine why you are buying that item in the first place. Are you buying that item to escape a reality, fill a need, and satisfy a want or simply because it is on sale? We are accustomed to buying things because they are on sale, and for the most part we don’t even need these things. Don’t let the “sales” syndrome entice you into buy what you don’t need.

  1. Always save a percentage of your money—at least 10% of all the amount you earn.    savings

  2. Pay Attention To Your Bank Balances So That You Don’t Overspend. Bank balances

  3. Think Positive Thoughts About Money. Create positive mental pictures to represent money. I-don_t-fix-my-problems.-I-fix-my-thinking-and-the-problems-fix-themselves.-1

  4. Have Jars For Your Coins. Keep all your coins and only take them into the bank once a year or every other year. After the money is counted, immediately transfer it to your savings

  5. Woman with coins in jar

I’m certain there are many more tips for managing money. However, the above tips will get you started on managing your money.

If you need to read a good book about saving money and accumulating sustainable passive income, check out my book, Do Not Force It, Tap the Book.

Kindle Ready Front Cover.3594241

Dr. Jacinta Mpalyenkana, Ph.D., MBA is a published author of 5 books, a transformation coach and counselor. For more about her, please visit, http://www.tapthegood.com

love and light


Changing Negative Stories to Attract Money–With EFT and Ho’oponopono

In the interim, love and light.

Jacinta Mpalyenkana, Ph.D., MBA

Spiritual Counselor, Coach, Speaker, Author



When the going gets tough….

When the going gets tough…..

The famous saying “when the going gets tough, the tough get going,” is no joke.

In these global economic and social turbulent times, only those with a thick skin can survive. With the recession stretching many to a new level of stress, including self discovery, innovation and change, some are just launching their ideas and/or products/services in new markets; markets which are circulated, blocked and/or almost inaccessible.

 Regardless of the nature of product/service one is launching, there are quite a few challenges involved. The fact that substitution of these products and/or services is easier than ever before, leaves one wondering whether it is really worth the effort to try and penetrate his/her target market.

 I have learnt one thing. Everything begins within you. If you have the profound desire to succeed at what you do, nothing will stop you. You will face the world, competition or whatever else is challenging, with vigor, determination and bliss. This is what I call toughness because no obstacle seems to be big enough to hinder one from trying. Persistence is key. Working with your mental and emotional abilities to have a positive outlook towards life is a profitable element. Back home in Africa, there is a saying that “famers never quit cultivating their land just because there was a storm the previous day.” They wake up the next morning as if nothing happened, and start all over again.

Therefore, regardless of how hard your situation appears to be, or how challenging things are for you at the moment, remember you are the only one who can get going. Kick yourself harder, and stretch yourself more than you ever did. Then you will discover that when the going gets tough, indeed the tough get going.