your mindset creates your reality

How Mindset Plays a Key Role In Your Finances

Your mindset about money will actively create your own financial reality.

Ann Sanfelippo

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.

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starting to invest

I Want To Invest. Where Do I Start?

Risk comes from not knowing what you are doing.

Warren Buffet

In today’s world, wanting to invest is increasing in popularity, especially with the younger generations. Personally I am very passionate about investing and I do not believe in the old narrative of putting your money in a savings account. Nowadays a savings account will get you less than 0.5% interest a year and there are even banks that stopped paying interest altogether. In this article I want to share a few basic, but very key reminders for those that consider investing, but are new to the concept of it.

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begin to pay yourself first

Pay Yourself First

I am not permitted to explain the rules of the game. Nor to acknowledge whether or not we’re playing one.

Robyn Schneider

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.

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the golden rule

The Golden Rule of Finance

Too many people spend money they haven’t earned, to buy things they don’t need, to impress people they don’t even like.

Will Rogers

The Golden Rule of Finance is one that makes a tremendous amount of sense to many, but only a few truly know how to apply it. The above mentioned quote by Will Rogers hits the nail right on the head as it is a great explanation why people cannot live up to the Golden Rule. Here is how it goes:

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