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6 Simple Strategies for Better Money Management

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This story appears in the December 2013 issue of Entrepreneur. Subscribe »

Smart money management is about more than understanding the math. That part is simple: Spend less than you earn, and invest early and often so compounding will make you rich when you're old.

Illustration by Chris Philpot

The numbers aren't difficult, but the psychological and emotional hurdles that prevent most people from achieving their financial dreams are. It doesn't have to be that way if you can stay on the right side of the mental issues surrounding your nest egg. Consider this list a mental reset button on your financial psyche.

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