Did you know that your general and financial well-being depend on how well you handle money? They do! Did you know that how well you handle money has NOTHING to do with how much money you make, the kind of car you drive, or the size of your mortgage? It doesn’t!
If you don’t believe me, Hillary Clinton proves otherwise. According to a June 10 article in the Washington Post, during Clinton’s “Hard Choices” book tour, she explained that she and former president Bill Clinton were “dead broke” when they left the White House in 2001. Clinton also said they struggled to pay mortgages on their multi-million dollar homes. It is hard to offer the Clintons sympathy, but this situation isn’t all about money.
Hillary Clinton, for example, commands a speaking fee of $200,000, and that’s only one source of income. With that kind of money, it would seem she and the former president should have no money troubles. But how they handle their vast income, wealth and investments has much more to do with their financial success than their income or the size of their mortgages.
How each of us handles money is called our money personality or our money style. I’ll discuss this important topic in future posts, so subscribe to my RSS feed or check back often for my latest posts. In my next post, I’ll explain the five money styles.
~ Meka, Penny Smart Girl