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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.

@lucy_d72

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.

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.

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.

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.

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RELATED IDEAS

The Definition Of A Rich Person

Someone rich is someone who has the prestige and social status that comes with living a lavish lifestyle. This definition ignores the fact that some rich people have their finances in disarray and live paycheck to paycheck or in debt.

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IDEAS

First manage the money you do have, then use your money to generate more money. You don't need to think about investing until you're out of debt and have multiple ways of generating income.

  • Use the 90/10 rule, where only 10% is used on speculation.
  • Find the type of investment that best fits your personality. Some people will invest in commercial real estate, while others prefer index funds and bonds.
Jerry Seinfeld
I think money is great. But physical and mental energy is the greatest riches of human life.