Motivational thoughts for money health #3

Posted on Monday, April 20, 2009 at 10:28 am
       

   
   

After reading the halfway through this book “Make money, Be happy”, I came out with my own simple logic about money health mentality of people around us. I think we think this way, and this is quite powerful to motivate me to go further on my finances.

There are 3 ways of how people think about managing their money.

I am poor, born to be poor, and I will never be rich

For this type of people, for every $1 they receive, will find ways to spent their $1 off, and ends up with $0.

Before doing anything, since they have determined that they live poor, they will spent that $1 away by wasting it on some stupid stuff, and end up with no money.

I am spendthrift, very careful in spending, and I save everything I have for the future

This type of people, for every $1 they receive, will find ways to save their $1, and ends up with $1.

This is typically us. We tend to save everything we have, Though we do spend, we save after spending. It is better than not saving, but in this state of mentality, we try to save as much as we can and hopefully “save” a pile of fortune. Which… sadly we know it doesn’t work.

I am rich, and I think rich. I will be rich if I keep trying it.

For this type of people, for every $1 they receive, will find ways to invest their $1 to get higher returns, and viagra in canada ends up with $1.

This is the kind of mentality that very few of us adopt. Only the rich people will think of it, because that is how they ended up there. For this group of people, they will try ways to invest their $1, into getting back $1.10, or even $2. This kind of thinking allows us to keep pushing the limit into finding ways to increase our assets.

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  • Ahmad: Hi, Hi, Very Very Informative and Practical. :) :) :) :) Regards, Ahmad
  • Ahmad: Hi, Very Very Informative and Practical. :) :) :) :) Regards, Ahmad
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