When people talk about smart money management, the conversation usually revolves around making and sticking to a budget or setting funds aside in retirement or college accounts.
However, some people say there may be more to having stable finances. “Life consists of more than one domain,” says Michael Hyatt, co-author of “Living Forward: A Proven Plan to Stop Drifting and Get the Life You Want.” “It’s not that you can just compartmentalize your life.”
By gaining control of one area of life – whether that be through weight loss, decluttering or downsizing – it may be possible to use that as a catalyst to master money as well.
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