HOW TO USE MASTERING YOUR MONEY TO DESIRE
I need more money
Money is the root of all evil. Money cannot make you happy. Money will not solve your problems. Money is not everything. All these negative thoughts about money. Opinions are not facts. No wonder people are broken, struggling and hateful.
But money is worse. So why work all week for it? Why do people play the lotto, start a business and go to Las Vegas to win it? People scratch and claw for overtime. People work 2-3 jobs for money. Why? Because they need more of it. Churches need money, charities are asking for donations, and schools are always asking for help.Those organizations need money.
You think you need more money to pay your bills, pay off your debt, and put food on the table. The truth is that more money will not solve your problems. Most people get a raise every year and are still broke. Most workers have doubled their income and are still at the mercy of their debt. You've heard horror stories of athletes and entertainers losing all their fortunes. Didn't they make a lot of money?
The truth about money
I'll open this article with some popular sayings about money. I tell them opinions, not factsI say that money is the root of all evil.You listen a lot. People say, "That's what the Holy Bible says." Well it doesn't.
Another thing is that money cannot make you happy. But research shows that spending money makes people happier. When you get a raise, work overtime or get a tax refund check, the first thing you think about is how to spend that money.
Money is not everything. Other opinions and not facts. Why do people work 60-80 hours a week if it's not everything? What is all the overtime for? Why do we borrow it to take vacations, buy furniture and appliancesWhy do we borrow it to go on vacation, buy furniture and appliances? It sounds like everything to me.
Money is immoral
Money is neither good nor bad. It is like a brick. Bricks can be used to build walls, houses or buildings. Things that can help people. It can be used as a weapon and hurt people. The same brick but it depends on the user to decide whether to use it for good or bad.
Money is an instrument used to exchange goods and services. It's not emotional you can't hurt it. It doesn't cry. You don't actually lose money it ends up somewhere. Those who are broke and cannot pay their debts.
When you keep yourself away from money and don't be emotional. You see it as a tool to improve your life. Get rid of those old thoughts. Those are the misconceptions that hold you back and actually make you a slave to money.
Your bank account
I can look at your bank account and see what your preferences are. Your spending habits reveal your character. Do you delay gratification? Do you have a long-term vision for your family's finances? Are you planning to build wealth for the future?
Money is misery
A lack of self-discipline, self-mastery, and guidance is the cause of many people's money worries. Unable to delay gratification, people go into debt and spend all or more than they earn. This creates a financial crisis and most people are one paycheck away from financial disaster.
change mind
You need to change your mindset to spend beyond your means to save and invest your money in your frugal life. A change in perspective and a long-term view is the only way people can gain control over their finances.
Income growth doesn't help. As income increases, expenses also increase. You need to practice the wedge principle. Drive a wedge between your growth and your costs. Don't spend all you make. Leave alone those raises, overtime and bonuses. Apply it to loans or savings.
Practice the 1% formula.
Practice the 1% formula to gain control of your money. It is a simple step to start your financing. Starting this month, you will be living on just 99% of your gross income. You put 1% of your income into a savings account. Next month you will increase it to 2% and then 3% until you have saved 10% of your income.
