Understanding the way you handle money will help curb the financial mistakes you've been making
![How Do You Handle Money?](https://magarticles.magzter.com/articles/2494/256696/5a3b845f0a1d2/How-do-you-HANDLEMONEY.jpg)
UNDERSTAND YOUR RELATIONSHIP WITH MONEY
Eunice Sibiya, head of consumer education at FNB, says the result of your financial situation is largely dependent on your spending habits, adding that people relate to money differently, hence there are different money styles.
“There are those who spend and worry about the consequences later and those who are cautious about how and where they spend money,” she says.
If you want to change your spending habits, Eunice says it’s important to understand the type of relationship you have with money.
“How you manage your money has an impact on whether you will accomplish your financial goals or not. That’s one of the ways to avoid having a financial hangover at the start of 2018,” she says.
MONEY MANAGEMENT STYLES AND HOW TO AVOID THEM
At the core of spending habits is the lifestyle you choose to live, the ability to discipline yourself and commit to financial goals you might have not only for yourself, but for your family as well.
The avoider
These are people who avoid thinking about money and never keep track of where their money goes. They often spend more than they earn and find themselves in debt.
Solution:
Diese Geschichte stammt aus der 20 December 2017-Ausgabe von Move!.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der 20 December 2017-Ausgabe von Move!.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![Brothers On And Off Screen](https://reseuro.magzter.com/100x125/articles/2494/398472/5e123368796f4/crp_Brothers-on-and-OFF-SCREEN.jpg)
Brothers On And Off Screen
The Ifalakhe actors on their characters’ sibling rivalry and their shared love of music
![I'm Coming For Everything](https://reseuro.magzter.com/100x125/articles/2494/398472/5e1231e31771c/crp_Im-coming-for-EVERYTHING.jpg)
I'm Coming For Everything
Dineo Ranaka is ready to kick 2020 off with a bang – from TV and music to helping others and love
![Make This Staple The Star Of Your Meal](https://reseuro.magzter.com/100x125/articles/2494/398472/5e1237883789f/crp_Perfect-potatoes.jpg)
Make This Staple The Star Of Your Meal
Make this staple the star of your meal with these easy and affordable recipes
Healthy Habits For 2020
They don’t cost a cent but their benefits can last a lifetime. All you need is a little bit of discipline
![What's Your Sexual Style?](https://reseuro.magzter.com/100x125/articles/2494/398472/5e123943a6b59/crp_Whats-your-sexual-style.jpg)
What's Your Sexual Style?
Here’s how your lifestyle affects what happens between your sheets
![Vital vaccinations](https://reseuro.magzter.com/100x125/articles/2494/398472/5e123c39b0fb7/crp_Vital-vaccinations.jpg)
Vital vaccinations
Immunising your children not only protects their health – it reduces the risk of disease for everyone else as well
Welcome to my PALACE
This self-taught builder likes the finer things in life so he built his own piece of heaven in his township
![From rags to riches AND RAGS AGAIN](https://reseuro.magzter.com/100x125/articles/2494/398472/5e1238880b172/crp_From-rags-to-riches-AND-RAGS-AGAIN.jpg)
From rags to riches AND RAGS AGAIN
I Blew It is back for a second season and the stories are just as jaw-dropping
![Men moving forward](https://reseuro.magzter.com/100x125/articles/2494/398472/5e12310cf116b/crp_Men-moving-forward.jpg)
Men moving forward
The men in this club enjoy each other’s company and help each other in times of need
![Rowlene's Making Her Mark](https://reseuro.magzter.com/100x125/articles/2494/374006/5d8f0a4002a39/crp_Rowlenes-Making-Her-Mark.jpg)
Rowlene's Making Her Mark
Songstress’ passion for music pays off