According to Harv:

Wealth File 14 states, "Rich people manage their money well.  Poor people mismanage their money well." T. Harv Eker says the most significant difference between financial success and failure is how well you manage your money. You won't get any more until you show that you can handle what you've got. Perhaps you could build a passive income account and continually invest a little into it but never pull any out. Money changes will occur once you reprogram your mind and you can manage your money more appropriately. It is essential to balance money. Have an investment-only account but also set up a play account. It is also beneficial to nurture yourself. Sometimes you must spend in a way that feels "rich." This is designed to strengthen our receiving muscle. Harv suggests dividing income into a 10 percent long-term savings/spending account, a 10 percent education account, a 70 percent necessities account, and a 10 percent tithing account. The more you can contribute to savings/investing, the better. Either you control money, or it will control you. And to control money, you must manage it.

A Book in Time's Commentary:

PPS CLIP:

Professionally:  As we progress in our careers, it is important to understand how to invest our earnings wisely. Are you saving for a down payment on a house? Or college for children? Or maybe a sporty new car?  Being a wise money manager allows you to accumulate savings. People who are successful at managing their money can enjoy these and other exciting benefits, such as traveling or being a little frivolous occasionally. Learning how to manage finances so you have a surplus of funds can reduce stress and increase security about the future. And the good news is money management is a skill that can be learned.

Personally:  Part of money management is living within your means. Creating a budget is one of the most important parts of money management within a home. Budgeting helps you to understand cash inflows and outflows and keeps you keenly aware of your current financial situation. Money may provide options for you to live a better life, putting you in control. Having money and successfully managing your finances also provides freedom and options to decide how you want to live and support the things you care most about in your life. And just as important as money management is, is time management. Our time is precious. And time is money. There are only so many hours in a day. It is vital to make the most of your time, value it, and use it wisely. Better time management will allow you to start sooner, finish earlier, get there faster, make more, and enjoy better.  

"Time management is not a peripheral activity or skill.  It is the core skill upon which everything else in life depends."  

Brian Tracy

Spiritually:  The ability to integrate a rich spiritual life with material possessions is a reflection of your inner world. The power and meaning we give to it determines how we value it and live our lives. Managing money is a true testament to being responsible and accountable for what we have been entrusted with. Our financial situation changes favorably when we manage both the time and the money we have been blessed with.  

"Time is the most valuable thing a man can spend."

Diogenes Laertius 

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