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Money and Confidence are Interchangeable
What Confidence Means
- It means not equating money with happiness, being self-assured, to understand that you cannot change the world but your response to everything you experience determines your happiness.
- It means being in control of your lifestyle, to be able to learn new skills, to understand that you can be anywhere, live anywhere, work and make friends anywhere.
- It is a self-assurance that your kids will be just fine, and the real goal of your life is not to earn money but to attain happiness.
Confidence means believing that you have the personal power to get things done and that your true goal is to live happily.
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The Money We Need
We don't really need massive amounts of money to live a happy life.
A good level of freedom and self-confidence can be attained by a relatively small figure of money.
We can take the middle path, doing things that we enjoy, carving a decent earning while attaining an enviable work-life balance.
Confidence and Freedom
Many 'high-achieving' people lack flexibility, freedom, and confidence to change things in their life when they want. This is due to the build-in traps and insecurity of living a high achievers life.
A life full of complexity and self-protection lacks confidence and independence.
What Confidence Means
- It means not equating money with happiness, being self-assured, to understand that you cannot change the world but your response to everything you experience determines your happiness.
- It means being in control of your lifestyle, to be able to learn new skills, to understand that you can be anywhere, live anywhere, work and make friends anywhere.
- It is a self-assurance that your kids will be just fine, and the real goal of your life is not to earn money but to attain happiness.
Confidence means believing that you have the personal power to get things done and that your true goal is to live happily.
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Forming good habits
Habits are little chunks of auto-pilot behavior that get burned permanently into your mind. Once you develop a habit, you can never really delete it.
Habits start with a trigger, which se...
Find the trigger point of your habit
Describe your own behavior in detail, and search for clues you might have missed before. Find your trigger.
If you have a habit of making coffee, it might be triggered by entering the kitchen. Some people eat in response to boredom or buy stuff in response to their desires.
Trick yourself
Take an existing cue you have, but trick yourself into triggering a different behavior.
If you want to quit coffee, you could give away the coffee machine and put a box of tea or a glass of water on the countertop.
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Time is not money
Even if these two share some connections, time isn't money. Time is energy, money is a thing. And they each have power over our lives.
Money is infinite but time is...
Disrupting the time-money relationship
Investing and passive income disrupt the time-money relationship.
To make money without having to trade any of your time frees up your time to ultimately do things that are more important to you.
The best investing strategy
- Make as much money as you can
- Keep your expenses low
- Invest the difference
- The more you invest, the faster your money will compound and bring you more money
- Sit back and earn money with no effort. You are no longer trading your time for money.
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Diffuse the fear of being rejected
... by acknowledging and expecting it can and will hurt.
To overcome the sting of rejection, stop trying to avoid feeling that stings. Stop pretending your unaffect...
Interrupting rumination
Make a contract with your partner, family, and friends allowing them to catch you in the throes of verbal diarrhea when you were unfairly treated.
Work out three or four different activities that will distract you and turn your attention to something productive.
Regulate the number of rejection opportunities
... you expose yourself to.
We all have a different threshold of the amount of rejection we can handle. Wisely considering how much more you can handle is essential.
Before you take another step forward, ask yourself if you have the right resources and support in place to catch you.
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