Financial and business news and articles
Posts tagged investment
Money is something for which you trade your life energy
Feb 27th
Have you ever wondered when are you going to die? Sounds strange, Isn’t it? Today I visited one of the site which actually predicted my year, month and day of death. Though I never believe in these things still just for fun I wanted to see how many more days I am alive. How can a website estimate how much life you have left. That is not at all possible.
But the question is what this have to do with personal finance? It is actually very much related because that can help us in revealing what we think of our money?
What is Money according to u? As per me it is :
A medium or an exchange involved for the payments of your debts. Money is power, it is a source of luxurious living, a source of comfort and security. The best definition that I have come a crossed about money is : “Money is Something for which you trade your life energy”
Give a deep thought on this. Majority of people in this world get money by giving up some part of our lives. Just imagine you go for work, work hard, earn some money and by this time your death clock is ticking down. No doubt when you are young, you are more energetic and can convert some of this excess into money. But the saddest part is that it only a conversion not a storehouse.
Our life is traded for money and once it is done, it cannot be changed back to original. The only goal that would left with us would be of striking a balance to convert the sufficient life energy into the money that you will need for enjoying rest of your life.
Cost Counting
To apply this principle you need to find out your hourly wage. This will help you in providing the information on how much your life energy is actually worth of. This is how you will be able to measure the cost of money spent equivalent of value of life energy lost. Why not you try some eye opening conversions i.e. take general examples from your daily life. Like:
Calculate how much energy do you spend at your work? Check if you spend less energy and still you can be happy or not? how much energy you are using to buy any new things for your family and many more such examples.
I am not saying that you should never spend money, but you should find a point where you are spending more and still being happy and joyful. You have to learn to say ” I have enough and I dont need more… “.
So always remember that when ever next time you spend enough money do nos forget to ask yourself how many hours all these purchases costing you, not only this, is it really worth or not? Do come back and share your views with us.
Become Rich Quick
Feb 16th
Earning dollars easily is a concept that is just not easy for almost everyone. We expect to work hard for a paycheck and collect our wages regularly right? Well, that is until the recession changed the rules for many. All of a sudden we are underemployed, working for less cash or fewer hours and our standard of living had lowered significantly with the changes in our economy.
There are a lot of info product in the marketplace that will teach you how to get rich fast. A lot of them are making the person selling the product rich, while the rest of us have become more and more financially destitute while we keep spend our dollars on these get rich fast opportunities.
Many people get getting rich, and getting a lot of money mixed up. Having a lot of cash does not make you rich.
Your way of thinking and your habits make you rich. Meaning you can be rich before you get loads of cash. The faster you realize this, the quicker you will get rich.
Many of us hear the repetitive stories about lottery winners, entertainers, and athletes, who make or get a lot of cash, but at some point end up broke. These people are not rich. These folks just had a lot of money.
It’s easy to become rich, by quickly switching your mindset, and your self-defeating financial habits that are making you broke.
You may have a wealthy way of thinking. You may read all of the self development and “rich people” books.
You may be listening to the right audios, going to seminars, and you may have the way of thinking of a rich person, but what are your habits telling you?
Ask yourself these questions:
- Do habitually have a negative per month personal cash flow? Somebody who regularly has more going out of than coming into his financial accounts will never be rich.
- Do you habitually try to do everything all by yourself? You require the help of good systems, and good people to get rich. If you continue doing it all by yourself, you probably will not get rich, but you’ll probably die trying.
- Do you habitually fall victim to impatience and greed by spending your cash on the things that provide you with immediate fulfillment in any area of your life? If you want to get rich quickly, you must learn the value of small sacrifices and delayed gratification.
You’ll not get rich by spending all of your cash on magic pills and every get rich scheme that arrives. You may make some cash. You may even make a lot of dollars, but you will not be rich. Instead look within yourself for the answer and know that it is your own self-defeating financial habits that are keeping you poor or middle-class. You already have what it takes at your fingertips to “get rich quick”.
Change your way of thinking and your cash habits and you will quickly get rich. It will only be a matter of time before the cash follows.
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Become Rich Quick
Feb 16th
Earning dollars easily is a concept that is just not easy for almost everyone. We expect to work hard for a paycheck and collect our wages regularly right? Well, that is until the recession changed the rules for many. All of a sudden we are underemployed, working for less cash or fewer hours and our standard of living had lowered significantly with the changes in our economy.
There are a lot of info product in the marketplace that will teach you how to get rich fast. A lot of them are making the person selling the product rich, while the rest of us have become more and more financially destitute while we keep spend our dollars on these get rich fast opportunities.
Many people get getting rich, and getting a lot of money mixed up. Having a lot of cash does not make you rich.
Your way of thinking and your habits make you rich. Meaning you can be rich before you get loads of cash. The faster you realize this, the quicker you will get rich.
Many of us hear the repetitive stories about lottery winners, entertainers, and athletes, who make or get a lot of cash, but at some point end up broke. These people are not rich. These folks just had a lot of money.
It’s easy to become rich, by quickly switching your mindset, and your self-defeating financial habits that are making you broke.
You may have a wealthy way of thinking. You may read all of the self development and “rich people” books.
You may be listening to the right audios, going to seminars, and you may have the way of thinking of a rich person, but what are your habits telling you?
Ask yourself these questions:
- Do habitually have a negative per month personal cash flow? Somebody who regularly has more going out of than coming into his financial accounts will never be rich.
- Do you habitually try to do everything all by yourself? You require the help of good systems, and good people to get rich. If you continue doing it all by yourself, you probably will not get rich, but you’ll probably die trying.
- Do you habitually fall victim to impatience and greed by spending your cash on the things that provide you with immediate fulfillment in any area of your life? If you want to get rich quickly, you must learn the value of small sacrifices and delayed gratification.
You’ll not get rich by spending all of your cash on magic pills and every get rich scheme that arrives. You may make some cash. You may even make a lot of dollars, but you will not be rich. Instead look within yourself for the answer and know that it is your own self-defeating financial habits that are keeping you poor or middle-class. You already have what it takes at your fingertips to “get rich quick”.
Change your way of thinking and your cash habits and you will quickly get rich. It will only be a matter of time before the cash follows.
learn forex trading foreign currency trading forex free trading