My clients are so busy at tax time and with so many responsibilities to take into consideration it is easy to be hard on yourself. Here are some tips to balance the right money mindset.

4 Tips for Achieving a Positive Money Mindset

Stress – especially financial stress – rears its ugly head in tax season; however, you can control the impact it has by making a conscious decision to focus on the positive. This is always easier said than done, so here are a few tips to help you keep your mind and your money on the right track:

Set realistic goals. Take some time to sit down and really think about your financial goals. Set yourself up for success by breaking them down into realistic, attainable steps. Mastering one small step at a time you will help you remain motivated to reach your ultimate financial goal.

Celebrate your achievements. Allow yourself to take pride in your accomplishments – no matter how small they may seem. Congratulate yourself for sticking to your monthly budget or even for taking the initiative to create a monthly budget. The satisfaction you get from these achievements will help you build upon your successes.

Accept the fact that you aren’t perfect. You will face setbacks that will threaten to derail you. These are an inevitable fact of life. But regardless of when or where you get sidetracked, you don’t have to give up and admit defeat. We all make mistakes, and that’s OK. If you ever feel discouraged you can listen to our new podcast series featuring inspirational success stories from some of our clients.

“Today I am thankful for _____.” Get in the habit of forcing yourself to complete this sentence with a different word every day. This will give you the opportunity to shift your mindset from focusing on what you don’t have to focusing on what you do have.  This is a great practice for those times you’re feeling overwhelmed or discouraged. It’s a simple task that will help you take a step back and re-assess your priorities.

I provide a wide range of professional accounting, income tax preparation and consulting services including:

• Financial statement preparation
• Accounting and bookkeeping
• Personal Income tax preparation
• Estate returns
• Corporate Income tax preparation
• CRA audits and assistance
• HST and sales tax
• Business succession and valuations
• Business start ups

Let’s get started in three easy steps:

1. Learn more about me ⇨ Send me a LinkedIn connection invite
2. Send me an Email ✉ Send me a message at melanie@miltonaccountant.com
3. Call ✆ Give me a call locally at 905-875-4444

Get more advice from Melanie on her blog and connect with her on Facebook and Twitter as well!

Content from Money Management.org