Do Adults Change There Financial Perspective as they Age?

in LeoFinance5 months ago (edited)

Money is essential to life.
But as they say "money cannot buy happiness" or that "The love of money is the root of all evil", and other Proverbs associated with money.
it's important to just keep it at the someone in everybody's mind that money is important. But you cannot change what each and every individual has grown up to stick with about money, Just as you cannot teach an old dog new tricks that's how you can't easily change a grown adults mind new rules about money.

Like I said for some people money can buy them happiness and so to some people money is the root of all evil. these are two different opinions and to other people they have an mindset the I don't care what you think about money but I just want money set of people .As adults you have what you think money is or your definition of money and over time you start to live your life in the direction of that knowledge.

So you start fighting on how to make money thinking about different things to make money with and from.
The Circle starts from going to school , graduating, finding a job, and start earning a salary. maybe go ahead to save money too.

Now funny thing is a lot of people don't have the savings mindset because they have there own ideology about money , which is "Tomorrow would care for itself Let's Worry About Today".

And with this mindset they don't bother to save and they misuses some monetary opportunities that comes by, but it's obvious that after the partying and spending carelessly all they can think about are the things they should have done with the money they had.

Because at some point if you don't spend wisely you'd definitely regret it , that's just how it's.
It starts to dawn on you that you just might have over spent when you should have been investigating you money into important things, sadly regret is always on standby to teach us a lesson.

So after wasting all the opportunities one starts to realize that truly you never really have a knowledge about money or finance.
Yes you went to school , yes you did alot of businesses that are successful you're a Sole Proprietor .
but sadly you don't have money left to show for all they years business was booming because you just didn't realize that making serious decisions about more takes thinking and analysis rather than making it on the spot.

Having a means of steady income doesn't mean you should just go ahead and over spend or just start wasting money here and there.
I worked with a few business owners who thought everything money that came back to the business belongs to themselves , they never sat down to analyze and segment the incomes and inflow of money.

Because it's believed that every money that comes in as a Salary or as Revenue doesn't belong to you.

Even your Salary doesn't belong to you if you'd seat down and Analyze, where did money for the expenses you made before come from did you bother to pay those sections back.

Have you thought to Analyze you finance before giving a loan, it's okay to give loans from your personal money, but not from another source of money you have at hand because it's available.

If you'd seat down and Analyze it properly not every money in your account belongs to you.
Some are Capital, Some are Self Loans and maybe the other Profit.
And you start to segment money like this you'd be better as an Adult sharping yourself, but the truth is we don't really know so much about money at the end of the day .

Posted Using INLEO