How to avoid lifestyle creep when you're surrounded by rich people
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.
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Your point-of-view about money can be skewed. Thoughts can include:
These ideas have no use in terms of actually making money or living a fulfilling 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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Minimalism is not about what you own. It’s about reducing the things in your life that aren’t providing value, so you can have more space for the things that truly matter.
Minimalist could be about silencing the noise of an increasingly loud world, about calming the millions of thoughts that flow through my monkey mind and giving yourself permission to slow down and take a breath.
John T. Reed, a real estate investor, looked into the accuracy of Kiyosaki's best-selling book and found it inaccurate:
According to John T. Reed the famous book is filled with bad advice:
Many critics pointed out that Kiyosaki is selling a cult, not financial advice.
He is accused of tapping into the fantasies of the masses & being short on specifics, both attributes of religious cults.