Have you been struggling with money all through your adult life, do you spend your paycheck even before you get it? I understand this very well, I am sure you are looking for a win from a lottery or probably someone dashing you money or maybe inheritance. Do not get yourself thinking a lottery will save you, you need to understand that over 70% of people who inherit or win a lottery usually end up having a bad financial record as they lose the money the got. I want you to understand that making money and keeping money growing money is a matter of attitude.
The brain of the human is always ready to consume money at all time, the brain of the human will naturally never comprehend the fact of savings, investing and increasing money. The human brain gives the feeling of eating all your funds is necessary before someone else takes it away from you.
The brain requires logic, patience, resistance and delayed gratification in other to keep money growing or to keep hard earned money. One way to know a person who would be able to handle finance is if the person can tell what to do with a money unseen.
Another thing that will always make a person lose money is when there is always a urge to purchase. it is a different thing when doing buy and sell and it is a different thing when you are always willing to buy just to satisfy the urge. The former is business but the later is the inability to keep money and the inability to delay gratification.
To leave the financial struggle, you need to understand financial education which isn't taught in school. Learning finance including money mechanics, savings, investing, psychology and so on and practicing what is learnt will surely bring an improvement in your finance.
This is a very painful reality with which I agree.He took the opportunity to tell you the case of a friend who thinks that because we live in a country with hyper inflation we should not have money saved in the bank,and in a way I understand what he says because our money is devalued if we have it there.
But the reality is that we must have savings and he has told me on several occasions that I must spend all the money that I have saved in the bank because if i don't i will devalue and I do not want to contradict him and that is why I do not say anything but simply spend what is necessary and try to save a part the ones that beat me on these social networks, and thus not exchange them for Fiat currency, in this way not having them in the bank I am not tempted to spend them.
People stay poor because they don't really create habits and have no discipline,You have to understand that money is not going to fall from the sky nor are you going to have a stroke of luck, that only happens very, very few cases.But instead what people can do to create a daily routine, for example, to save a tenth of what they eat on food, what they spend on water, what they talk on the phone.And and there are many more examples, I would spend the whole afternoon commenting on them.The truth is that as long as people do not do their part, they will not be able to get out of poverty,And the most important change they must have is in their mentality, their way of thinking has to focus on being positive and optimistic.
Well at least that is how I see things and I hope that this small contribution is of great use to those who read this publication.
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