Your point-of-view

Your point-of-view

Your point-of-view about money can be skewed. Thoughts can include:

  • You have to spend money to make money.
  • You need to make money to be rich.
  • Being friends with rich people will make you rich too.
  • The goal is to have it all.

These ideas have no use in terms of actually making money or living a fulfilling life.

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@lucy_d

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Money

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MORE IDEAS FROM THE ARTICLE

Rich people are not all obsessed with money. Some talk about money but they understand that their money does not equate to their inherent value. They don't act entitled to anything. They work hard for what they want.

It is called class. You can't buy it. If you find yourself with a friend like this, you can trust them and learn from the ways they look at life.

Financial independence means freedom from money as an all-consuming, ruling force in our lives. It's about not letting money steer how, where, and why we live.

Ask yourself what would make you happy.

Money is relative. There is always someone with more, and someone with less. Choose to be humble. Maximize the time you spend in meaningful pursuits.

We can move away from lifestyle creep. Remind yourself regularly that money is not everything. It is the means to make things happen.

Know what you are worth with or without money. You don't need money to be creative. Lacking resources can motivate you to think outside the box.

Witnessing value exchanges with affluent family friends can also benefit you.

Money can motivate you. Seeing the way rich people live exposes you to the endless possibilities wealth can afford. 

Although mixing with rich people may trigger imposter syndrome, it can also help clarify your dreams and potential.

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RELATED IDEAS

Characteristics Of The Wealthy
  • They live in homes just large enough for their needs and drive used cars.
  • They have affordable interests.
  • They don’t worry about having the highest credit score possible as they have enough saved to skip loans and make large purchases with cash.
  • When they get a raise, they focus on investments instead of raising their spending. 
A Definition of Personal Finance

Personal finance is about managing your own money - how much you spend, save, get into debt, and invest.

How you manage your money will depend on your age, education, ambition, family, and country of residence. While this guide will give you enough input to work out a strategy, you should always consider your own personal situation.

Self Reliance

If you’re waiting for someone to give you the right training to change your job or do something radically different in life you will wait forever. 

It’s up to you to train yourself. It’s the only way to learn anything. So make the time for it.

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