Top Secrets of Overcoming Miserliness

Family finances

Miserliness is a miserable state of mind in which an individual may refuse to spend for the most essential needs of his life. Or he may wait for Christmas and festive discounts to buy his T-shirts and inner-wear. He neither attends parties nor hosts them.

He may prefer a cycle rather than taking his car or a metro-rail while traveling to the office. The last meal he had in a restaurant might be on his wedding day 10 years ago. You can go on listing many such aspects of being miserly. If you have three or more such symptoms, it is time to examine your behavior and make changes.

What Makes Misers

Most of the misers of your previous generation or before became so due to circumstances. They might have gone through the periods of economic recession. They might have struggled from hard conditions to become prosperous. They still carry the conditioned mind that forces them to save.

Fear of financial insecurity is built so deep into their psyche, that it becomes almost impossible to remove it. In fact, they might have lived with it for the most part of their lives. They might have filled the minds of their children and grandchildren with similar psychic ideas. Generations can become miserly and live like vagabonds in spite of having plenty of money with them.

How to Overcome Miserliness

 You may be miserly die to mental conditioning. It may not be so easy to overcome it. But it is not impossible.

Come to Reality: Spending on your needs and the needs of your family is not being spendthrift. Make a list of essential things for your home and family. You have to eat nutritious and tasty foods to enjoy your life and stay healthy. You will need electrical and electronic appliances for running your household easily. You will need a car or a motorcycle to travel to your workplace.

The other things your family may expect could be an annual family vacation, eating out on weekends, going to a movie, or visiting your friends and dear ones whenever you get a holiday.

List family Essentials: Make a list of such essential things with your spouse. Let her prepare the list of her needs and let your children make their own. Be prepared for the shock. Then you can filter only those things which are extremely essential.  Now life may seem to be easier and better.

Enjoy the Essentials:  Once you buy the essentials and get comfortable, it is possible to look at life from a different perspective. We do agree that material possessions alone may not bring happiness to life. But they can ease the burden of living your life only for the purpose of survival and sustenance.

Spend for Family: Once you start spending for the happiness of your family, life becomes more meaningful. You will start realizing the goals of your life better than before.

Earn More: Soon you will think of earning more rather than trying to be miserly and miserable. You can experience better earning opportunities knocking on your door like never before.