How To Become Rich With A Rich Mindset
So you want to know how to become rich? Do you really want to become rich? Let me tell you one thing that keeps people away from this dream...
It's all in the mind.
Yes, mindset blocks us from the what is on the other side of the fence.
The programming that we received when we were young from our parents, relatives, friends and even our school keeps us away from the path to abundance.
A rich mindset, that is the first thing you need in order to become rich.
You first have to dispel your old notions about money like "money is the root of all evil".
Second, you have to lessen your spending and start saving to invest.
Youhave to believe in delayed gratification, that rewards should not come instantaneously and that some work or effort must be given first in order to get something.
Third, you have to realize that having a job alone is not enough to make your rich.
You will have to do far more than that.
Dispelling Old Notions - This is not an overnight process.
It may take you months or even years to fully mature.
For those of us who are not so lucky to have rich minded parents, this is surely something to overcome.
You have to keep reminding yourself and keep reading stuff related to what you want to achieve financially and connect with people who have already overcome the situation.
As much as possible, stay away from people who would tell you that you are doing the wrong thing but keep an open mind so as to judge whether they are right or wrong.
Save to Invest - When you put your money in a bank your money actually loses value.
You have to know that there are other alternatives to make your money work for you.
Stocks and mutual funds are good examples but you have to know better than to know that these investment vehicles exist before putting some money.
If you can afford to start up a small business, start with that.
Use the money you are able to save from your business to invest on assets such as real estate or portfolio (e.
g.
stocks) and make sure that the assets you invest in will generate more money and not make you lose money.
Creating opportunities for Yourself - Do not rely on your job alone.
We are never safe from our jobs anyway so it's useful to keep this in mind.
This is not to say that you should quit your job now, but slowly and surely make your way to independence.
Invest what you earn regularly on financial vehicles just to get a taste on how money could work for you.
It's all in the mind.
Yes, mindset blocks us from the what is on the other side of the fence.
The programming that we received when we were young from our parents, relatives, friends and even our school keeps us away from the path to abundance.
A rich mindset, that is the first thing you need in order to become rich.
You first have to dispel your old notions about money like "money is the root of all evil".
Second, you have to lessen your spending and start saving to invest.
Youhave to believe in delayed gratification, that rewards should not come instantaneously and that some work or effort must be given first in order to get something.
Third, you have to realize that having a job alone is not enough to make your rich.
You will have to do far more than that.
Dispelling Old Notions - This is not an overnight process.
It may take you months or even years to fully mature.
For those of us who are not so lucky to have rich minded parents, this is surely something to overcome.
You have to keep reminding yourself and keep reading stuff related to what you want to achieve financially and connect with people who have already overcome the situation.
As much as possible, stay away from people who would tell you that you are doing the wrong thing but keep an open mind so as to judge whether they are right or wrong.
Save to Invest - When you put your money in a bank your money actually loses value.
You have to know that there are other alternatives to make your money work for you.
Stocks and mutual funds are good examples but you have to know better than to know that these investment vehicles exist before putting some money.
If you can afford to start up a small business, start with that.
Use the money you are able to save from your business to invest on assets such as real estate or portfolio (e.
g.
stocks) and make sure that the assets you invest in will generate more money and not make you lose money.
Creating opportunities for Yourself - Do not rely on your job alone.
We are never safe from our jobs anyway so it's useful to keep this in mind.
This is not to say that you should quit your job now, but slowly and surely make your way to independence.
Invest what you earn regularly on financial vehicles just to get a taste on how money could work for you.
Source...