Wisdom will make you grow in abundance.
You have heard that you must do what you have never done to achieve what you want.
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Created Canva.com First, we must do things differently from what we have been doing for so long, being automatic, get up, work, get home, eat, bathe, sleep, and then go back to the routine.
How much time do you spend reading?
You know that this is fundamental in your life because, through it, you learn different knowledge that can help you grow day by day.
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Created Canva.com What would you decide if you had to choose between Wisdom or money?
Many of you would answer money, but I knew Wisdom would earn you more than asking for money because Wisdom could grow your money. So how to make more money than your pocket reaches? With Wisdom, you can get the tools to keep the money because sometimes the tricky thing is not to get the money. The difficult thing is to keep it and make it grow.
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Created Canva.com
What would you do if you had $1000000 in your hand today?
Many people would first celebrate that tremendous big prize, while others would buy clothes at once. It is alright, but you must use the money wisely. You should know the art of making it double, at least.
You need to find and read books by ordinary folks to achieve the path of financial freedom. Then, they could serve as your role models.
How will these books help you?
They are giving you something significant that you may not have now: "confidence in yourself ." So many of us distrust the skills and knowledge to start a business and grow. But we always get carried away by our fears. You can also do it by reading and knowing how people get through it because one of the things you have to have is the confidence that you can simultaneously have the knowledge to grow.
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Read financial books
These books will help you understand the different concepts of finance and also help you manage the money that comes into your life. Because we are used to only getting the money in our hands, we spend it to pay debts, make the purchase, a personal taste that we have. But so many things can go on the road when the money is in our hands.
But by reading finance books, you can open alternatives to make money. It is not only to cover the needs and expenses but can make money work for you. If so, as you read that money works for you, you must see the money as a pawn that you are working for to attract other money. If we see it this way, our thoughts will become that every coin in our pocket can make this double, but we must study the world of investment as it will help us grow the money.
As well as compound interest is a great ally for our money to grow since the capital plus the interest will make it multiply.
One of the books that people always share is the wealthiest man in Babylon because the seven steps show you how to manage your money to make your purse grow. This book will help you spend as little as possible, save money to invest, and invest in yourself to take advantage of the financial opportunities that arise.
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No, No, No. Why we must choose? When we can ask for both? Younger generations like me (I'm 24) have a "greedy" method for that one and want to take both if those 2 are good for them. Even I'm reading your post on the left side of the monitor while working on another thing on the right side of the monitor. Split focus? Don't worry~ School was already training me for that. When I was in school, I must listen to the teacher about a new topic while we do schoolwork on the previous topic at the same time. We need to learn many things in school but we just have a small amount of time to learn them. Learn it at home? No... It's bad for mental to study and study without having fun.
I try to balance my life with work and hobbies. While work needs wisdom and hobbies need money. Money management is the first thing to learn to get both of them.
Work -> Money -> Split in three-way -> Investment (Money) + Knowledge (Wisdom) + Mood booster (Hobbies)
A simple answer from me is "Immediately split it into Bank deposit/another investment + Books/Private lesson/Private meeting + Video Games/Manga/Anime merchandise/Cosplay costume". $1000000 is a lot for me.
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Wow! that's impressive. Thank you for stopping by and adding your valuable input.
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You bring up some very interesting issues, @globetrottergcc
I am reminded of the saying that "A fool and his money are soon parted".
Your query about receiving a million dollars made me think of two things. How would I manage it today at my current age of 61 compared to how I would have managed it at age 20?
I wonder if I would have anything left by now.🤑
What I have learned over the past 40 years will make me a better steward of money today.
Great thought-provoking post.
!CTP
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@globetrottergcc! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @beststart. (3/10)
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Thank you for the inspiration. Yes, wisdom comes of age—a valuable quote.
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@beststart! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @globetrottergcc. (10/10)
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Hi, @globetrottergcc
This is a very good article on money and wisdom and which to choose.
Barb😊
Thank you @adcreatordesign
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A great advice to those who need it like me 🤠
Stay wise and healthy always.
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Thank you @globetrottergcc for your very informative post with advice on investments, books, minimalism and openness to novelties
Thank you for stopping by.
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Welcome!