#217: Unhealthy Relationships (Friday, February 25)

There are some relationships in life that work perfectly and then there are those that need some work. Unfortunately, it's these unhealthy relationships that most consume our lives. Your relationship with your finances is no different. Before you can really start improving your financial status, you should evaluate your relationship with money.

An unhealthy financial situation can have massive consequences. It can derail your goals (purchasing a home, starting your own business, having children), mess up your marriage and cause problems in your friendships.

Consider the following questions when evaluating your relationship with money:

1. Are you still on track to accomplish the 3 financial goals you set at the beginning of the year? If not, what has delayed your schedule?
2. Do you often make purchases you know you cannot afford?
3. Do you often forget to pay bills or consistently pay them late?
4. Do you shop or make unnecessary purchases when you're stressed or unhappy?
5. Are you living within your means?

Answering these questions can help you actively think about the behaviors that may be sabotaging your financial goals.