Topic: Things you should know about Money mindset (Read 1569 times)

There are different jobs we can do online to earn even though we don't have a strong skill that would provide us with jobs that would give us amazing earnings. Having strong mindset about money could help us stay away from spending 5oo much which can affect our financial status. We have to have the mindset of planning scrupulously before making any financial decisions. Money is just like a spirit that come and go if we don't utilize our expenses very well in a way that would bring more Money to us.

The internet has become the secondary option for most people when it comes to making money. Actually, a few years back it was already a thing, however, only a few know about it as there's a limited website/employers that offers a job online. The opportunity to make money using the Internet was recently expanded due to the pandemic.

This is why people should take extra care when using the Internet. The increasing number of online users also increases the number of scammers taking advantage of other people. Scammers can identify whether a person can be deceived easily or not.

Well, in that regard, maybe this is the purpose of the internet. And that can give an opportunity to everyone, which is actually happening. Even in the country today, one can become a digital creator using Facebook, Youtube, and others. Being here in this forum is also an opportunity not only to gain knowledge but also to get profit too.

And the internet has also become an opportunity for hackers and scammers to prey on people they think are easy to fool, and that's been happening for almost a decade, actually.

I agree that there is a huge opportunity for making money on the internet, and people are using that too. The influencers are making money at the cost of their privacy; we can't even imagine that. It seems like making a trending video and posts is easy, but when the viewers decrease, the apps like YouTube have some psychological tricks to make them create the video, even if it's at the cost of their dignity and privacy. So they make money through YouTube by sacrificing certain things in their lives. And it's not really a good experience on social media each time; the trauma and stress they're facing are unimaginable. Making money through the internet seems easy, but actually is it?

Maybe he said that because he was already rich, but if he were still poor, he would definitely say something different. Because you can also see poor people in your own place and try asking them for words of wisdom, surely they will only say about being grateful and wanting to be happy by having lots of money like other rich people. In essence, everyone needs mental and physical health because it is related to each person's body and mind, so whoever the person is will definitely always need these two types of health even though the contents of their pockets may still be unhealthy because of the little money they have.

Are you still looking for money now? When you say something like this, it is as if you no longer need money for your own life. If you know that health is expensive, that means that you or anyone else must always maintain the health of their body and mind so that they can continue to carry out activities as usual and maintaining health is of course not with words, but with money to be able to buy all the clothing and food they need. even if only in a simple category. Because now almost nothing is free, even if it is a very simple thing, so whatever you read now and whatever other people say through their words of wisdom, everyone cannot forget about money if they still want to live healthily.

I think that your country is not the only one that experiences unemployed people; even here in our country, there are many unemployed people here. If the degree holders have a hard time getting a job, just think if the person is not a degree holder.

That's why, in these times, the strategies of people in every country is measured. To survive the hardships of life that we are facing now. Because it's not easy to be a survivor in reality and in the reality of our lives.

 Money has this spirit of spending, money don’t last when you have easy access to it. That’s just how nature as made us to be. When you have money you tend to go for the things you desire as we all know man’s needs are insatiable, we can never get satisfied we always want more. You can only achieve and live the type of life you want if you have money, everyone has their different mindset of spending their money. As a person surviving on his savings you will not want to invest or even spend carelessly to avoid losing you small fortunes. Rich people are not afraid to take risk because they have the resources to keep trying and trying till they finally hit that one opportunity.
 Emotions will always set in when it involves money, no one loves the idea of losing money. If they was a people can have money without spending i know a lot of us will never want to spend our money. If a person is on a loss in an investment definitely the person will exhibit a sad mood because he or she is losing money and vice verse.  It how people take the losses that determine, people have different ways they deal with their  losses. To enjoy your money comfortably you ought to have about 3 to 4 streams of income . With that you can have enough for your day to day errands and even have enough to save.

When it comes to self-control, many traders fail, especially when there is a precipitous drop in an asset, as if they have lost their trance. A lot of this happens all the time in the crypto trading industry. Even people with extensive knowledge in this field might become unmanageable or carried away by a quick choice in actual trading if they are not kept up to date on current events.

The impact appears to be when we do not have sufficient control over our emotions. Yes, we're there because we need our emotions, but we also need to know how to regulate them during times when we should be calm, even if something horrible happens in the market.

Yes, it's true, it's more important to fulfill the main basic needs for health than to prioritize luxurious fashion or a luxurious lifestyle. living simply but well-off, in my opinion it's not bad, in fact I imagine that suppose we have a luxurious house with a large yard and a large house size but we only live alone in my opinion there will be a lot of boredom rather than excitement, it's better to have a simple house but always be able to gather with the family that is also one of the things that makes us happy for ourselves.

I personally think that if I had more income, then I would choose to live simply with all the sufficiency without exaggeration and of course definitely set aside income for savings, but people's principles are different I don't know about other people's principles. living well and having good health. I agree with what you said that "
Health is very expensive while money is only nominal". but there are people who are more concerned with lifestyle and ignore their health, it's not my business but even if I also think about why people are more concerned with a luxurious lifestyle than their health.

When talking about mental health and physical health, of course this means more than money.

I've heard advice like this from rich people where I live. They would rather choose poor but healthy. It doesn't matter whether you are poor, what is important is that you have at least enough basic needs such as food and clothing for yourself. It doesn't have to be expensive food and luxurious clothes, it's better to meet your stomach's needs.

When it comes to housing, a small hut is better than a luxurious house like a palace. The important thing is to be able to enjoy the smallest and simplest happiness, no matter how meaningful it is with a healthy body. With a healthy body, you can carry out activities well, whatever your profession, regardless of status or caste.

Health is very expensive while money is only nominal.

This relates to the risk that someone can take, I think it's more of being good in controlling your emotions and calculating the risk that you can take. The more you're good in controlling your emotion, the better risk taking that you can take and more opportunities will come to you because anything that comes, you'll be able to take the risk. About not having money forever, this is applicable for most adults and seniors. We're not going to work forever or if we do, at least we can still work for some light tasks and jobs but do you like to be in that shoe that you'll forever? For me, I'd say 50/50. As long as I want and I can, I'll do but it doesn't look good too that we'll work forever and we'll be forever in the rat race. It's not the dream and kind of life that we want to have when we grow older.

Totally connected to each other and if there's something wrong with one of those areas then pretty sure it would really be creating that kind of domino effect on which it would really be definitely be affecting overall efficiency on whatever you are really that indeed doing. This is why you shouldn't really be just focused into one point and it would really be that turning out that if you do focused that much then it would really be having that cons or significant effect on other things too on which it would really be causing having no balance or compromising other things on which it would really be greatly affecting you.

When it comes about making money then we could really be able to read up tons of ideas and tutorial on how or what are the things that needs to be done. Yes,it is really that an easy thing to read up and understand
but on the  time that you would really gonna tend to do it, then it would really be an another story. There's no such thing on making  yourself that successful no matter what industry or place you are really  that
getting involved into. The thing here is that you would really be needing to take risks for you to be able to get the money or earning that you are really aiming into.
Mindset will vary into each individual since we know that each one of us does have that different goals and plans that needs to be done.

The only thing I believe in my life is that I don’t have that belief of depending on someone before I make it in life. I want to get my things by my effort, so when I was going to school, I had the mindset that I must learn a skill after closing from school, so I was not only going to school and coming back home and sitting at home right now. I’m not only earning by my qualification; I use the skill I learned that time to get money and feed myself and my family.

However, my country is a country where there are a bunch of graduates that lack jobs. They graduated from school many years ago, and they made the mistake of not getting anything done by that time. They only focus on school, which is affecting most of them now, so I was scared. I don’t want to be counted among this type of person who graduates and sits at home without any means of getting money.


As long as there is money, we must buy what we want. Buying what you want is not squandering funds. However, people work for money by themselves and spend it however they like. Can you say that people don’t know how painful it is to hustle for money? Nah, mate, the only thing you are going to say here that will make me believe it is that when you said we are different when it comes to buying things, most of us like the luxury life. We may see something for $1 and go buy one for $5 because we want people to say we live a luxury life, so this is just it. We are not the same when it comes to spending money.

Indeed, both mental and physical health is important in our life, it’s important to remember that the distinction between the two is less important than we may assume. Our thoughts, moods, and mental state may feel abstract or separate from the physical, but they are all happening as part of our brain activity. It’s well evidenced that poor mental well-being can affect a person’s productivity or cause long-term stress. In addition, If you' are working with a physical ailment such as sickness and vomiting, it ca cause the illness to spread across a work space. Both issues, if not contained, can lead to unproductive days and Unstable state of mind.

Health is divided into two that is your mental health and your physical health, both of which are very important to support good productivity. If you fail to take care of one of them, then all the wealth you have will be useless. Currently there are many ways on Google that you can learn to maintain your health well, maintain your sleep patterns and eating patterns too, don't be because you are too busy with work or the business you are running, you forget all that, when you fall sick, you Just spend a lot of money that you have accumulated so far, don't take your health lightly.

We spend money without worrying of how it is earned because they money we spend are not earned by us but that money comes from our parents therefore we cannot understand its value. But when we Initiating earning by ourselves then we think about every single penny because then we understand that how we worked hard day and night to make wealth. Our wishes are fulfilled with the money that our parents gives us but with our own incomes we are completing our needs only and then forget about our wishes.
I think no one think about his self when they are earning because everyone consider money sweeter than their health but I think health should be first priority because you can earn money anytime but once you loss health it cannot be same as previous. Therefore try to earn money but not work for it 24 hours as you also have to give time to your health, also manage your expenses according to your income.

In essence, whether we earn money with difficulty or easily, we have to manage our money by being frugal. Moreover, by setting aside our finances, even a little, try to prioritize what is necessary and ignore what is not necessary. So that our financial strength remains well maintained.

I just want to say the Psychology of Money, money doesn't matter how high a person's educational background is, money is related to emotions. The less you can control your emotions, the more they will be reflected in your financial patterns.

Yes that's simple logic, life does require money but not everything can be solved with money, therefore there are also some who say that health is more important than everything, and of course I would also say that is true although maybe some speculation says it is less precise. If we are sick then it is true as you said we will not have freedom of activity and of course the work that would normally provide us with income will be disrupted and it is obviously quite difficult for us to make money when our health is compromised. Skills and experience are very important in this day and age and of course it will make it easier for us to find some jobs that might not require too much struggle, or I mean easy jobs but the results are quite satisfying because of the skills we have. Especially in the midst of this modern era, we as a society are required to keep up with the increasingly sophisticated times in any case will be able to balance life.

The perspective on money will always be related to good and proper management and it will always be, well agree with you, even if for example we have a large income it will be useless if we can't manage it, and maybe only for a period of time it will run out quickly. I agree with your concept, it's very simple but easy to understand, and I hope some people will try this method.  

Having basic knowledge about the finance is the most important and first step if someone is trying to improve their financial status. What happens most of the time is that people don't have any idea about the difference between assets and liabilities. They sometimes spend their money on liabilities with the intention of investing them in an asset. Taking risks and working hard is the second part of the story.

Yeah, aside coming from an already wealthy family, one who is trying to change his or her story financially must be ready to scale through a lot of hurdles, it's not always as easy as it seems, making money have to start from the mind, it requires one to think about their present financial situation and feel uncomfortable about it, and not just be willing to do something to change it, but actually get up, leave that comfort zone and do something that can change everything.

And also, be very calculated when taking risks, anybody willing to make money must take some risk, but there are some risk that one could take, and it will turn out as not being smart but the person just being stupid, so in terms of going into investments that are risky, make sure to calculate the risk and make sure the risk level is worth the financial reward if won, for above all today, making money isn't all about working hard, but also being smart.