“I di work but I no di see side way my money di go” is not an uncommon phrase among earners. The tendency to not account for your earnings or allowances is what usually drives this syndrome.
This phrase is but a symptom of a deeper problem which most times is subtle in its ways. It may leave you with the feeling that you have lost money meanwhile you had used it, or with regrets of misusing money when a greater need for it arises. People who have been working for a substantial amount of years without anything to show for it usually feel a kind of regret not from the air of judgment breathed on them by their family members but from the wrong financial decisions they took without even knowing. It is always easy to think you will do better with money when you start earning to realize that you have joined the train you once loathed.
“You must gain control of your money, or the lack of it will forever control you.”
–Dave Ramsey —
Many lost control of their money and only realized that there was nothing to show for it upon retirement. Others have lost control of their money and find themselves in a web of debts and overdrafts.
Five signs that show that you have lost control of your money are:
- When you make budgets and cannot stick to it
- When you cannot account for what you did with a certain sum of money
- When you feel regret about certain financial decisions you made
- When you do not have a budget
- When you do not have financial goals
It is safe to say incorporating daily habits to avoid the symptoms above helps you gain control over your money.