Your mindset about money will actively create your own financial reality.
The phrase “It takes money to make money” might be one that you are familiar with. It might be a saying that is frequently used in your family or among your friends, but overall it is a saying that inspires a certain way of thinking. In this post I will talk about several phrases and different mindsets that can have a major impact on your financial position.
I am not permitted to explain the rules of the game. Nor to acknowledge whether or not we’re playing one.
Setting up an automatic payment, with the intend to pay yourself, is a great way to improve your saving habits. And from all the little tricks I could think of, paying yourself first is definitely the most efficient one.
It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
One of the most basic things to consider when managing your money is the Law of Association. Although this doesn’t seem to be linked to your finances in any way, it can impact both your income and spending tremendously. First, let’s take a step back; what is the Law of Association exactly?
This one step – choosing a goal and sticking to it – changes everything.
Goal setting has become very popular and more people are using it as a strategy to get a clearer vision of what it is that they want. And honestly, sometimes people don’t even know what they want. There are people going through life never really aiming for something or never trying to achieve a higher purpose. Personally, I think setting goals is not only important to set eyes on the prize, but also to obtain fulfillment.