Mindset Shift: Experts Offer Practical Advice on Conquering Your Finances

Financial experts Mel Robbins and Lewis Howes recently shared practical advice on improving one's relationship with money. The discussion, captured in a recent video, centers on the importance of honestly assessing spending habits. Robbins advocates for a thorough review of monthly bank statements, highlighting areas of unnecessary expenditure. "Look at where your money is going," she advises, "and get very clear about what you want to create." Howes offers a unique perspective, suggesting a shift in mindset by expressing gratitude for money, even when paying bills. He explains, "When money comes to me, I thank money. When it goes, you have to thank it." This approach, he says, helps to overcome negative feelings associated with spending, particularly on unavoidable expenses like taxes. The video emphasizes that changing financial habits requires both awareness and a positive outlook. By combining practical strategies with a focus on mental well-being, Robbins and Howes offer valuable insights for anyone seeking to improve their financial situation.