Learn more about personaldevelopment with this collection
Understanding the concept of the self
The importance of living in the present moment
The illusion of control
The Money Education
Assets
The things which increase your money.
Liabilities
The things which reduce your money.
311
3.63K reads
MORE IDEAS ON THIS
Money - Two theories
1. Theory One
Money is the cause of all sufferings
2. Theory Two
Lack of money is the cause of all sufferings.
341
5.29K reads
Direction of your cashflow
Poor
People whose income gets spend on basic expenditure.
Middle class
People whose income gets spend on luxury things and unnecessary shopping.
Real rich
People whose income does not get spend, but they invest a goo...
356
3.5K reads
Poor‘s Mentality
Most of the people think that their wealth will increase with increase in their income.
However, they end up increase in expenditure along with increase in income.
In contrast, rich people have attitude of saving and investing which make them rich.
337
3.53K reads
CURATED FROM
IDEAS CURATED BY
Related collections
Other curated ideas on this topic:
Maintain a personal balance sheet
It’s a statement wherein you can jot down your assets and liabilities.
- Pull together your bank statements and other proofs of the liabilities
- List down your assets like the bank balance, all investments, home value, and value of other assets.
- Take a sum of all th...
Net Worth = Assets - Liabilities
Your net worth gives an overview of your financial situation at this point. It is the difference between what you own and what you owe.
Your net worth is positive if your assets exceed your liabilities.
A negative net worth is when your liabilities are greater than your assets....
Money
Money is related to happiness. If you don’t have enough money to feed your family, more money will more likely increase your happiness.
But once you have met all of the basic needs, money is less influential.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates