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Topic: Things you should know about Money mindset - page 3. (Read 1569 times)

sr. member
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Almost everything nowadays has to be exchanged for money, it cannot be denied anymore that the role of money is very important, social values which when I was a child were very easy to find are now increasingly rare and difficult to find a social life that helps each other, money can really make anyone become a king because with money everything you want can be easy obtained.

We cannot deny that money is currently one of the most important things in this world. Because nowadays everything has its own price. And with money we can even become rulers easily. But sometimes money can make someone forget their own identity. Like someone who is very kind when he only makes a little money. But he turned into a bad person when he had a lot of money. Well, I know someone like that. But not everything is like that. Sometimes it's the opposite. that is, people become kinder and more generous when they have a lot of money. So one thing that is certain is that we must not lose our conscience on this journey to make more money. Because money can be poison or medicine according to who uses it.
sr. member
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Almost everything nowadays has to be exchanged for money, it cannot be denied anymore that the role of money is very important, social values which when I was a child were very easy to find are now increasingly rare and difficult to find a social life that helps each other, money can really make anyone become a king because with money everything you want can be easy obtained.

Yes, currently money is very valuable as a medium of exchange because no matter how small the work we do, we will of course ask for wages for the work we do to be paid in money, so at the moment there are very few people who have social feelings with their neighbors. is greatly reduced because they have to think about themselves and it's not like before, everyone can easily help each other with anything. You are right that now those who have a lot of money will find it easy to do anything because many people will want to help them because the people who help them will know that after they help them they will definitely get a reward from that person.
sr. member
Activity: 1484
Merit: 254
Almost everything nowadays has to be exchanged for money, it cannot be denied anymore that the role of money is very important, social values which when I was a child were very easy to find are now increasingly rare and difficult to find a social life that helps each other, money can really make anyone become a king because with money everything you want can be easy obtained.
full member
Activity: 322
Merit: 211
Often, our mistakes and mindsets about money can hinder our progress and prevent us from achieving success in life. Negative attitudes towards money can be detrimental, closing us off from the potential we could reach if we adopt the right mindset and use our money wisely.

In discussing this topic, it's important to understand various correct mindsets about money. Let's delve into a few key points:

1. Money is Everywhere: While we were raised to study hard and secure a job, this isn't the only path to earning money. You have the opportunity to build a business or offer services to generate income. In the past, career choices were often influenced by popularity or demand, but times have changed. Many unconventional avenues can be profitable, such as pursuing artistic talents or hobbies that have a potential market. Remember, as long as what you do has value, there's an audience willing to pay for it.

2. Unlimited Income Potential: It's common to have a limited perspective on income. Some people cling to a single job for years, earning fixed salaries. Yet, numerous opportunities exist with an open mind. Consider a scenario where someone has worked for years but could have tripled their income by leveraging skills and exploring other opportunities. It's essential not to limit yourself; explore different options and don't hesitate to switch roles or companies for better prospects.

3. Investing in Yourself: Instead of solely relying on saving or free resources, be prepared to invest in yourself. Spending money to enhance your skills and knowledge can lead to greater earnings. Learning increases your earning potential, so don't shy away from spending on books, courses, seminars, or tools that improve your abilities. Remember, personal development is an investment
legendary
Activity: 3542
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Yes, there are a lot of opportunities to earn money, but our mindset and perspective drive us whether we will jump in and take a risk for more opportunities or just keep staying in our comfort zones and be contented with what we already have.
It depends on the wishes of everyone who still intends to make money in his life, because until now there are still people who consider their comfort zone more satisfied with what they already have so they no longer want to take risks on other opportunities. Even though every opportunity that exists is an opportunity for him to continue to get a better income even though he has to go through obstacles such as risk, but that will not be a big problem for those who still really want to fight in an opportunity to achieve better results.
Financial safety is what makes us take steps toward better opportunities, which means if we know that even if we take the risk of trying and grabbing an opportunity for something better, and if we fail in it, we won't lose our current status and position, that is when we will be confident and think of taking the step, but if we are not certain and we are risking our current status only for something better that is not even a guaranteed opportunity, we might not take it.

That is the biggest reason why a lot of people rather stay with their current position and status instead of going ahead and taking the step towards the opportunity because they are afraid of thinking what if they couldn't make it? If that happens, they also won't have what they have right now.

This is true and the actual reality. You need to take risks in order to grow and move forward with where you are right now, but you also need to know when to take that risk to ensure that you are not making a decision that will bring you down. You cannot just keep on going for the green light without considering the factors that will affect you, risks can either make or break you and your business, hence it should be considered accordingly and be thought out properly.
hero member
Activity: 2828
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Yes, there are a lot of opportunities to earn money, but our mindset and perspective drive us whether we will jump in and take a risk for more opportunities or just keep staying in our comfort zones and be contented with what we already have.
It depends on the wishes of everyone who still intends to make money in his life, because until now there are still people who consider their comfort zone more satisfied with what they already have so they no longer want to take risks on other opportunities. Even though every opportunity that exists is an opportunity for him to continue to get a better income even though he has to go through obstacles such as risk, but that will not be a big problem for those who still really want to fight in an opportunity to achieve better results.
Financial safety is what makes us take steps toward better opportunities, which means if we know that even if we take the risk of trying and grabbing an opportunity for something better, and if we fail in it, we won't lose our current status and position, that is when we will be confident and think of taking the step, but if we are not certain and we are risking our current status only for something better that is not even a guaranteed opportunity, we might not take it.

That is the biggest reason why a lot of people rather stay with their current position and status instead of going ahead and taking the step towards the opportunity because they are afraid of thinking what if they couldn't make it? If that happens, they also won't have what they have right now.
sr. member
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I agree with you, thoughts are things. When poor people think like a rich people, the result will be same for rich people and poor people people.If someone is doing job, he should know how to build a business. If he will  increase knowledge and experience about business and investing, he  would be owner of business in a few  years. In this way, anybody can escape from poverty. Because job holder has limited resources. He/she can increase knowledge and experience about business and can start a part a part time business. In this way, he has possibility to achieve success financially. He/ she can read books about real estate investing and can invest in real estate. He/she can  buy and sell running businesses. In this way , by buying real assets anyone can become rich.
legendary
Activity: 3542
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Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

Actually sometimes, if we focus to much about money,  we didn't notice to ourselves that become greed and controlled by money in which is not a good thing either.


It's true that everyone has their own perspective on how to enjoy their life, that to achieve happiness for them is not always rewarded with money, they can even get it from other things, such as having a family that understands one another. And I also agree with what you said there are some people who focus too much on their money so they become greedy and can't respect other people because they think they can do it with their money.

Hence this is why we need to have and know balance. Sometimes we let our feelings towards our family and loved ones control our decisions too much that it leaves us financially indebted, while other times we let ourselves be too greedy and only focus on where and how we can get more money that we fail to see that we are losing connection and time with our family and loved ones. With proper balance we can achieve both. 
member
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Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

Actually sometimes, if we focus to much about money,  we didn't notice to ourselves that become greed and controlled by money in which is not a good thing either.


It's true that everyone has their own perspective on how to enjoy their life, that to achieve happiness for them is not always rewarded with money, they can even get it from other things, such as having a family that understands one another. And I also agree with what you said there are some people who focus too much on their money so they become greedy and can't respect other people because they think they can do it with their money.
legendary
Activity: 2044
Merit: 1075
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When we have a lot of money then we seem to be controlled by our lust to continue spending that money, from now on we must be able to change that thinking, use money for productive things such as investments, if the state's security conditions are good then investing in property is a very profitable thing, prices land, houses and so on will continue to rise so investing in property will never lose money.
I think that was normal because we never had those things yet and we always been dreaming of them by the time that we are still poor. Once we have them I guess that must be the time to settle down and we should now use our money wisely. It's hard to invest if you are poor because your money is only limited.

You can only buy less asset and you can only earn less profit. The more it will get lesser if you constantly pull out your investment because you don't have money anymore. If we are poor, I think it's also hard to invest on real estate because they are pricey but thankfully there are now cryptos. It's only possible to invest small amounts on them.
hero member
Activity: 630
Merit: 611
Yes of Course. Money is not a source of happiness. Because to be happy is actually quite simple, namely by always being grateful for what we have and always thinking positively. Whereas the things that make a person unhappy are when he becomes greedy and always feels lacking and he always has negative thoughts.

Although money is not a source of happiness, money is one way that can bring someone to happiness. that is, a person who is always grateful to God Almighty when he succeeds in getting money and uses that money to buy the things he wants.

You're contradicting yourself. First, you say money is not "a" source of happiness, then later you say "Although money is not a source of happiness, money is one way that can bring someone to happiness

You're wrong though. Money is a source of happiness. Emphasis on "a source", not "the source". It's very hard for you not to be happy when you don't have money, especially in the world we live in today where everything requires money.
You can't pay bills, no electricity, no water, no rent and you'll be happy? C'mon, let's be realistic.
Imagine you not having money for your kid's fees and you think you'll be happy? It doesn't mean you'll get depressed and all, but there's no way you'll be okay if you don't have money to afford your basic needs.
Some things gives happiness, money is certainly among those things.
If money is mentioned as a source of happiness then of course all happiness will be focused on money. Then I did not perceive money as such.

I prefer to liken happiness to an ocean. And yes, we know that many rivers flow and eventually all rivers lead to the sea. Now, money is likened to a flowing river that can deliver water to the sea. There are so many rivers that end into the sea. then there are so many ways and ways that lead to happiness and money one of them. But money is not the source of happiness but only one way that brings and flows to happiness.

this is what i mean. Money, Love, High rank (position/power), popularity. It's all like a river that leads to the ocean. and well that means that all of them can also lead us to reach happiness.

There are many people who have a lot of money, a beautiful wife, a magnificent house and a high position but they are not happy. Even his life is filled with fear and he finds it difficult to find peace in his life. In fact, many surveys about people who experience insomnia are not because it is difficult economically. they have a lot of money but they can't sleep because their nerves are strained by too much thinking and the calm in their life is gone. So happiness is a complex thing. Easy but hard. Easy to get for those who are good at being grateful for life. and hard to come by for dirty-hearted people who are always greedy, prejudiced, and always jealous of others and so on.

sorry if my words are difficult to understand. Because sometimes it's hard to pour the right words to convey what I mean. But I feel that actually what you mean and what I mean are the same. it's just that the method of delivery and the method of disclosure are slightly different. thus giving birth to a different meaning.
sr. member
Activity: 686
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Yes of Course. Money is not a source of happiness. Because to be happy is actually quite simple, namely by always being grateful for what we have and always thinking positively. Whereas the things that make a person unhappy are when he becomes greedy and always feels lacking and he always has negative thoughts.

Although money is not a source of happiness, money is one way that can bring someone to happiness. that is, a person who is always grateful to God Almighty when he succeeds in getting money and uses that money to buy the things he wants.

You're contradicting yourself. First, you say money is not "a" source of happiness, then later you say "Although money is not a source of happiness, money is one way that can bring someone to happiness

You're wrong though. Money is a source of happiness. Emphasis on "a source", not "the source". It's very hard for you not to be happy when you don't have money, especially in the world we live in today where everything requires money.
You can't pay bills, no electricity, no water, no rent and you'll be happy? C'mon, let's be realistic.
Imagine you not having money for your kid's fees and you think you'll be happy? It doesn't mean you'll get depressed and all, but there's no way you'll be okay if you don't have money to afford your basic needs.
Some things gives happiness, money is certainly among those things.
sr. member
Activity: 1498
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Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

Actually sometimes, if we focus to much about money,  we didn't notice to ourselves that become greed and controlled by money in which is not a good thing either.
How much money we have, doesn't determine the happiness of someone. The happiness is about how someone can feel freely, without feeling the burden of life. The point is how someone can manage their mind properly. If someone only thinks about money, it even makes him to feel more difficult in his life. The happiness actually can come from any sources, it isn't only about the amount of money.

If money has the most role to determine people's happiness, people who live in a city should be happier than villagers. In reality, the villagers seems happier, people who live in a city can be more stressful due to life style and any other things.

hero member
Activity: 1344
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Many people think that happiness is only measured by money, in my opinion this is the wrong thought because many people are depressed, stressed to suicide because of money, when someone has a business with 1000 employees, almost every second there will be an issue that makes it difficult for him to eat and difficult sleep so that it makes him tortured
Yes of Course. Money is not a source of happiness. Because to be happy is actually quite simple, namely by always being grateful for what we have and always thinking positively. Whereas the things that make a person unhappy are when he becomes greedy and always feels lacking and he always has negative thoughts.

Although money is not a source of happiness, money is one way that can bring someone to happiness. that is, a person who is always grateful to God Almighty when he succeeds in getting money and uses that money to buy the things he wants.

Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

For others, health is more important than money. I have been going in and out in a prestigious hospitals in our country and I've seen people with money suffering and I just thought to myself that this people can't bring their money with them if they die. However, they could have live a good life and then we have to think of the next generation. So maybe yeah, still good to have money and produces generational wealth to your kids and grand kids and their grand kids. That is the vicious circle of life. So there is nothing wrong with the mindset of having money for us and for our love ones. And the OP gives us a good hint on how to create our own wealth.

sr. member
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Many people think that happiness is only measured by money, in my opinion this is the wrong thought because many people are depressed, stressed to suicide because of money, when someone has a business with 1000 employees, almost every second there will be an issue that makes it difficult for him to eat and difficult sleep so that it makes him tortured
Yes of Course. Money is not a source of happiness. Because to be happy is actually quite simple, namely by always being grateful for what we have and always thinking positively. Whereas the things that make a person unhappy are when he becomes greedy and always feels lacking and he always has negative thoughts.

Although money is not a source of happiness, money is one way that can bring someone to happiness. that is, a person who is always grateful to God Almighty when he succeeds in getting money and uses that money to buy the things he wants.

Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

Actually sometimes, if we focus to much about money,  we didn't notice to ourselves that become greed and controlled by money in which is not a good thing either.


We cant really be able to deny that money now is really part of happiness since we could really be able to do things that we do want which it would really be needing money. Yes, there are things which money cant

buy like love,time,respect,loyalty and other similar things.We know that if we do tend to travel or go to other places then it do involves money.Even on the simplest activity like going out with your family on a restaurant or buying up something like present or needs or wants then it do involves money and on the time that someone receives it then for sure they would really be happy with that and this is why its really hard to resist on or going against on the idea that money can buy everything and even happiness on which i dont really oppose into this idea. This is why we are really that thriving or doing our very best in terms of
getting more income sources or revenue which it isnt only limited on doing our day job but also on having other businesses and investment.

It all matters on how you would really be handling yourself and its true about having that contentment. Dont make yourself that too desperate or being that too greedy because we know that it do always have that negative effect if we arent really that making yourself wary.
hero member
Activity: 1666
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Many people think that happiness is only measured by money, in my opinion this is the wrong thought because many people are depressed, stressed to suicide because of money, when someone has a business with 1000 employees, almost every second there will be an issue that makes it difficult for him to eat and difficult sleep so that it makes him tortured
Yes of Course. Money is not a source of happiness. Because to be happy is actually quite simple, namely by always being grateful for what we have and always thinking positively. Whereas the things that make a person unhappy are when he becomes greedy and always feels lacking and he always has negative thoughts.

Although money is not a source of happiness, money is one way that can bring someone to happiness. that is, a person who is always grateful to God Almighty when he succeeds in getting money and uses that money to buy the things he wants.

Yes that's correct dude, there are other people remain happy even they don't have enough money just like the other have a lot of it. Because for them money can't buy it. Perhaps, money is their only second option of happiness. Although, majority are are focusing themselves to gain a lot of money to bring happiness for them.

Actually sometimes, if we focus to much about money,  we didn't notice to ourselves that become greed and controlled by money in which is not a good thing either.

hero member
Activity: 630
Merit: 611
When we have a lot of money then we seem to be controlled by our lust to continue spending that money, from now on we must be able to change that thinking, use money for productive things such as investments, if the state's security conditions are good then investing in property is a very profitable thing, prices land, houses and so on will continue to rise so investing in property will never lose money.
Well, the mindset in using money is something that we really have to pay attention to. Because sometimes when we have a lot of money, we often use money in ineffective ways, such as buying things that we really don't really need or for fun and the like. Our mindset must be directed to future improvements. As you said that is like using money to invest and such. The point is we have to make the money we have can be capital to bring in more money. (profit)
I think for things like this, it's not about mindset but about self-control.
The situation when we have more money makes us able to turn into someone we recognize because of our hedonistic nature so even if our mindset is changed so as not to be wasteful it will also not be able to be created if our self-control is lacking.
We have to try to take action instead of just thinking about it because I think it will still be the same in the end if we just make it seem as if we are thinking about not being wasteful but in reality we still become a hedonistic person because we have more money.
You are right that self-control or self-discipline in the use of money is indeed one thing that is also very important. And I think both self-control and mindset are equally important. The two must go hand in hand with each other. We will start trying to control ourselves when we have started to realize and start to think that our behavior so far has been inappropriate and too wasteful. So that a thought arises to be more efficient. And you are right that after this it is self-control that then takes control and becomes decisive. whether that person will ignore his thoughts that want to save money or he will follow his thoughts to save money by refraining from unnecessary expenses. So I think self-control, mindset and financial management all have to come together in the end. and cannot be used only one and ignore the others.
hero member
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[6] You don't have money forever - It's not true that until we get old you don't have money, it's actually a wrong mindset. We should not use the difficulty we are facing as an excuse just for that matter. If anyone wants to get out of poverty, you must change your mindset, think that there is hope, and you must believe in yourself that you can get out of poverty.

A person will not really advance or become rich if he has a poor mindset in his mind, even if they don't change it. Because you feel like you're not like this, I'm just poor, I don't have the ability, and so on so you can't start acting.

It must start with ourselves that you have a strong burning desire or drive to get out of your situation. Because if you just lie down and wait for what's coming, nothing in your life will ever change. YOU MUST TAKE ACTION NOW...



Sometimes there are still many people who are negligent in dealing with everything that can certainly be the beginning of a change in their life, by taking advantage of opportunities, of course, it is much better when it comes to our lives, because the opportunity to be able to start from everything, of course, starts from the smallest things  first
Automatically everyone will start from the smallest point to the biggest point and this becomes an encouragement for someone in responding to how important it is to know the mindset about money that can change their life to be more efficient in dealing with all the unexpected things that they.

Now in achieving a pattern that can balance an income and expenses, good management is needed. So in taking advantage of opportunities when they get easy money where they must have a direction to build a business, in other words they benefit from the money they currently have. Whether it's building a business or making investments that can generate money so that their money circulation is always stable without a crisis approaching them.
hero member
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When we have a lot of money then we seem to be controlled by our lust to continue spending that money, from now on we must be able to change that thinking, use money for productive things such as investments, if the state's security conditions are good then investing in property is a very profitable thing, prices land, houses and so on will continue to rise so investing in property will never lose money.
Well, the mindset in using money is something that we really have to pay attention to. Because sometimes when we have a lot of money, we often use money in ineffective ways, such as buying things that we really don't really need or for fun and the like. Our mindset must be directed to future improvements. As you said that is like using money to invest and such. The point is we have to make the money we have can be capital to bring in more money. (profit)
I think for things like this, it's not about mindset but about self-control.
The situation when we have more money makes us able to turn into someone we recognize because of our hedonistic nature so even if our mindset is changed so as not to be wasteful it will also not be able to be created if our self-control is lacking.
We have to try to take action instead of just thinking about it because I think it will still be the same in the end if we just make it seem as if we are thinking about not being wasteful but in reality we still become a hedonistic person because we have more money.
hero member
Activity: 2170
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Time is money

This is the reason why people are paid per hour. We do not have unlimited number of hours and therefore we must stop wasting time by calculating our money in terms of day but do it in terms of hours. If an individual can do this, his mindset and perspective about money would change. His relationship to money and how they spend it will be reconsidered. He or they would have more respect for money. That's why they said until you find a way to earn money whole you sleep you are not making money.
Yes, I learn that in a hard way when I started working I thought it will be easy because I have a lot of hours available but then when I start earning as freelancer so I have my own time , I learn that what I am doing before is wasting time that I could be using to make money . It is kinda hard at first because you are not used to it but eventually you will improve your life and lifestyle.
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