Sunday, October 20, 2013

Mind On Your Money


Snow On The Bluff (Promo)
Humans are understood to be creatures of habit. I’ve grown up seeing the same people doing the same things all of my life. It has been rare for me to even meet a successful person. My mentality on fame and success used to be, that’s a fantasy world. I once thought that in order to chase those big dreams you'd have to be crazy. So few people make it to that level of success, what are the odds of me being one of them? But now I ask myself, isn’t this the mindset that keeps the gap so big?
Is this the reason we take the first job that will take us in? I remember my mindset when I was first out of high school and into the real world. I needed to find a job, and hold on to it for dear life. But now I know better. My new mentality is, find what you love and get paid for it.

Breaking a habit is one thing, but breaking a mentality is another life challenge all in itself. Planning is something every successful businessperson has in common. What we think of as luck is usually explained as preparation meeting opportunity. Successful people understand that workaholic isn’t a bad
Notorious B.I.G.
thing. In fact there are a few things successful people understand that we haven’t. I would like to change this from “The Ways the Rich Think Differently” to “The True Keys to Success.”

The different mindset has been well documented in two great articles one by yahoo.finance.com and peopleconnectpeople.com. The majority of people believe in sayings like “good things come to those who wait”, and the successful believe in “if you want something done right, you have to do it yourself.” Another one that I had to find for myself, “money is the root of all evil” when in fact “poverty is the Mo Money, Mo Problems” but even that comes from people with less money wanting yours. The successful usually figure out the ways to make money work for them and them not working for money. This is key in every aspect because we tend to think of money as something we work for and even sometimes confuse assets with liabilities.
root of all evil.” The reason for most crime and depression is from a lack of money. Yes, the late Notorious B.I.G. told us “
In the book Rich Dad Poor Dad by Robert Kiyosaki, The biggest lessons to me is about being financially literate. As I stated before the majority of us haven’t completely understood the difference in an asset and a liability. A key quote from the book is, “The rich buy assets, the poor only have expenses, and the middle class buys liabilities they think are assets.” The book goes into detail and explains how people think their greatest asset will be their home. When in fact this will be their greatest liability.

The only way for us to become more financially stable is to become financially literate and break ourselves from quotes that inhibit our growth. No, good things don’t come to those who wait, yes you have to accept change and go for it, and no that is not an asset it’s a liability if it costs you. “Where there is a will, there is a way!” Take that quote and run with it!

MacDidIt

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