Money is one thing everyone needs and it is important in completing a transaction. Yes, money is any commodity generally acceptable for exchange in an economy. Money is a complex financial commodity that can be grown or spent.
I was talking with a man in his 40s some months back before the virus hit really hard, and I asked him “What would you do if you get $3000?” trust, I must say from his response that even if you give him $10,000,000 he would still be poor after a few hours or days. His response was “I will by a fairly used car and if there is anything left, I will go to bar. I need a car so I can make my friends understand that I have money”.
”Did you just here that?”
I didn’t want to judge him since everyone has the right to their judgment and their choices but I was able to put him through a few things which I will be sharing with us here.
Money Doesn’t Change Attitudes
Having money doesn’t mean you eventually become a bad person, or a charitable person or a spendthrift. Money doesn’t determine who you are, money will not make you a good or bad person rather it will help you portray the kind of person you are. You are the person who decides how to use your money, money doesn’t tell you how it should be spent or how you should run your life.
Money making is not directly proportional to hard work it is proportional to Value created
News flash, because you are working hard doesn’t mean you are making more money. If money was directly proportional to hard work, then the most hardworking man in your neighborhood should be the richest. Check it out yourself. The people who make money are people who create value to the world. Money pay people who can create value and make a difference.
Money losses value when they are sitting
Leaving your money to sit in your bank account or your piggy bank isn’t a good one. Money doesn’t like sitting in one position, it likes multiplying, adding more figures and growing. If money stays in one place, two things happen; it gets spoilt or its value reduces.
Money love being risked
If you plan to keep your money safe, it goes nowhere, brings no return and does no magic. Money loves to grow. Money loves to be risked into one investment that might pull through or crash so it can increase in number. The more you learn to risk your money, the more you make more money but if you are risking your money the right way then you would be making more money. I am not talking about gambling here, although a lot of people do it and it works for them but the chances of winning are 1 to 100.
Learn to play the game of money
Money is a game you need to understand. You will make a lot of mistakes when you are trying to make money but you have to keep playing the game and learning the tricks behind the game to become perfect.
Money love those who know they can buy and when they can afford
The difference between a millionaire who buys a car and a person with a pay check who buys the same car is that one can afford it while the other can buy it. Affording a things means you can run the cost that comes with it, you can buy 5 times of the same commodity without looking at the price tag but being able to buy means you have the money to get one.
Money on paper is different from money at hand
This two things are completely different in that what a person have in paper makes up their net worth but what they have at hand makes up their spending worth. Being able to differentiate this two things help to understand money better and how to grow it.
In conclusion, never tell yourself you can’t do something with money. With money, a lot of things are possible but with a positive mind, all things can work out easy. Money will only grow if you believe it can and utilize it properly.