Money-related matters cause anxiety<\/strong>, and the fear of running out of this commodity is real. When, on rare occasions, individuals are not worried about their money or paying the bills, many adopt a “head in the sand” approach. They abdicate their financial responsibilities to their bank or financial advisor or ignore them, hoping the wolf at the door will magically vanish. <\/p>\n\n\n\n <\/p>\n\n\n\n Fortunately, it’s never too late to “Money Better”<\/strong>. By this, we mean making your money work as hard for you as you do to earn it\u2014and to feel good while doing it, giving you financial wellness<\/strong>. Let’s not be mistaken; by practising “Money Better”, we are not advocating for a simple DIY approach to handling your finances; we want you to feel better about your financial assets<\/strong>.<\/p>\n\n\n\n DMA believes there’s a middle ground between DIY and advisor-led investing<\/strong>, an approach that provides a guided architecture or set of guardrails that nudge your investing behaviour in the right direction.<\/strong> Bringing you closer to your money.<\/p>\n\n\n\n “Not all of us are expert carpenters or handymen,” says Richard North, CEO of DMA, “that’s why we turn to functional solutions like IKEA, which help you assemble a piece of furniture with easy-to-follow instructions, giving you a sense of ownership and pride in what you created. Building wealth should feel the same way.”<\/p>\n\n\n\n The two main reasons people invest are out of fear or greed, but this need not be the case once you embark on a journey to take control of your money.<\/strong><\/p>\n\n\n\n Education about saving and investing is key to building a better relationship with your money<\/strong>. Take the time to learn more, even just a little daily. The compound effect of your knowledge, much like the compound effect of long-term investing, might surprise you. Above all, be kind to yourself and move at your own pace.<\/p>\n\n\n\n Saving should be a positive experience and investment even more so. Think of all the products around us. Then imagine that you could have actual ownership in a company like Coca-Cola, to name but one of the thousands, and you will realise how exciting the investing world truly is.<\/p>\n\n\n\n The opportunities available to you are endless. Once the investment bug bites, you will not only have greater peace of mind regarding a brighter future for yourself and your loved ones. You will also experience how contagious and thrilling investing in the stock market, but ultimately you can be.<\/p>\n\n\n\n Now is the time to rekindle your relationship with your money<\/strong>, and the great news is that it’s never too late to “Money Better”. Being better with money starts with feeling better about money.<\/p>\n\n\n\n Embrace your money; after all, you work hard to earn it. You’ll be all the better for it.<\/p>\n\n\n\n (Full disclosure: This blog is paid for by DMA, whose approach to investing and money wellness is referenced in this article.) <\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" About you and your money. Have you grown together… or apart? The good news is, it\u2019s never too late to rekindle your relationship with your money.<\/p>\n","protected":false},"author":2,"featured_media":98,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,21],"tags":[24,35],"class_list":["post-97","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-wellness","category-written","tag-financial-wellness","tag-investments"],"yoast_head":"\nIt’s never too late to “money better”<\/h2>\n\n\n\n
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<\/figure>\n\n\n\nSaving and Investing should be positive<\/h2>\n\n\n\n