by Erik Van Tongerloo

Created on: October 14, 2009   Last Updated: November 29, 2009

Everyone knows the proverb "Don't worry, be happy". It is an important lesson for all the people who always worry about money. You really don't need to be rich to be happy and there are more important things in life than money. A good health, love, friendship are the keys to happiness and money may only contribute to certain goals in life which can make you feel better. Everyone needs money to survive and to live comfortable but some people want always more and evokes the feeling to worry about money.

Not worrying about money is often easier said than done and certainly in bad economic times. It is an emotional feeling and it is important you learn how to deal with such feelings. Worrying doesn't help to solve your financial problems and it is possible you can't sleep anymore. It is a disorder which causes unhappiness and it is important you take the necessary actions to avoid worrying about money.

Money may be important in your life but you can be perfectly happy when you have difficulties to pay all your bills. Worrying has no sense, and it is often only a matter of changing your lifestyle and efficient financial planning.

Here are some steps you can take which will help you not to worry about money:

*Make a budget

Everyone needs to make a budget for short-term and long-term goals. If you know your income and your expenses, you can easily calculate how much money you can save. It is important you know how much money you need to save for all the goals in your life and if the calculation of your first budget shows that you can't save enough, you need to check all expenses and look where you can cut down some costs.

*Create an emergency fund

Once you've made your budget you have to transfer a certain amount to your savings account. It is best you open an online savings account which you only use in case of emergency. You never know what will happen in your life and it is important you build up a financial net for unexpected expenses, for example medical expenses, loss of job, car damage, repairs or replacements of household appliances.

*Avoid investing in the stock market if you fear losses

It may help you to build up your savings if you invest in the stock market or if you buy mutual funds. Most of them will likely reach higher returns than a savings account if you keep them for at least 10 years. If you don't have enough knowledge and you can't miss a part of your money to invest; it is wise to avoid investing in these markets. Also if you can't live with

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