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Author Topic: Things you should know about Money mindset  (Read 1553 times)
Smartvirus
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July 11, 2023, 10:56:52 PM
 #21

Money is everywhere. It’s just something a lot of people don’t get to realize but people are following suit at the time. It’s not about having just positive affirmations anymore, that’s how motivational speakers make their money.

Eve got man made and natural resources around us. In recent times, the recycling business has become a big business and it’s earning people millions. Waste is now wealth and only those who understands the trade are being able to convert that which is left lying around here and there to yield them something that would better their life. It’s not uncommon now to see people picking scrap metals, plastics and the rest of those.

Now we’ve got people living their dreams through making good use of the internet. It’s just you having the ability to see what others aren’t seeing and having to utilize it to suit your purposes.

R


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July 11, 2023, 11:58:35 PM
 #22

The thing is, not all people have the affinity to take risks in order to open more opportunities for themselves. Most are looking for things that are more comfortable for them, and if they are already getting the things that they need and some things that they want, they'd surely stop and not try harder. Only a few people will ever achieve huge financial success since only few of them are risk takers.

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July 12, 2023, 01:02:48 AM
 #23

Only a few people will ever achieve huge financial success since only few of them are risk takers.
There are many factors that make them dare to take the risk like education and experience. educated people will certainly know what risks will be faced if want to invest their money. Because as far as I know, there is an important lesson that I ever got in school how to manage your money. but sometimes some students do not pay attention to it, they don't take it for granted, so it won't be used in the future. All that got must balance also with experience, If both are integrated properly, we will certainly see new richest people growing up every day.
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July 12, 2023, 01:11:58 AM
 #24

[1] There is money everywhere - When we were young, many of us were taught by our parents to study hard and then enter a good company to work after graduating. And there is nothing wrong with this, But there are also many of us who until they are old know that this is the only way to earn money, but you will notice that this is not the only option because you can build a business, offer a service to earn money of money.

It's not like before we were told to do IT because it's popular, or do nursing because it's in demand in other countries, do HRM, Police and so on. I'll just repeat, there is nothing wrong with these professions, it's just that the times are different today. And you can make money almost anywhere.

Many people have not been able to do their passion or talent because there is no money there, such as those who want to pursue art, leverage their talent or turn their talent into a hobby and turn it into a business. But in reality you can make money from the above. Because someone is making money from designing, drawing and digital art is doing it now. Even though there are hobbies such as taking care of dogs, iguana cats and others, the others make content on YouTube and earn money, and these are just some of the things you can earn as a hobby.

Bottom line is that you can make money as long as what you do has value. Because there are potential audiences or communities that need it for sure.
Once you become rich that is the moment you'd notice that money is everywhere if you pay enough attention. Mark Zukerberg the founder of Facebook just created an Instagram Clone app called Threads and with 24 hours it had over 100 million user base. Meta's stock shoots up, he become richer. Secondly one other way I learned that money is everywhere is the network of an individual. There is a saying that you your network determines your net worth. Once you hang around 5 millionaires, you are certainly going to be the 6th millionaire. Successful people can provide valuable insights and opportunities. This casues a shift in your mentality and mindset about how you see and view money.

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July 12, 2023, 01:39:38 AM
 #25

I think the point is to somehow broaden your mind. One has to learn to be innovative, creative, open-minded, even adventurous when it comes to money-making. It doesn't hurt to explore new frontiers, to try new side hustles.

The traditional mindset tells you to stick to the only way you know how to make money. That's probably wrong.

During the pandemic, we saw a lot of people who underwent unexpected transitions. Many lost their jobs. But they have to live. They have to find ways to continue earning. Options suddenly grew. Borders suddenly pushed further.

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July 12, 2023, 02:12:28 AM
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 #26

I understand your points OP, there are some that I have reviewed before.
I think it is more accurate to increase your ability and knowledge from a young age, if you have a lot of ability and are skilled in it you will easily get the opportunity to make money, meaning that your income is more than one hole, that is the most natural and fundamental theory in this case, money is will come naturally if you have something that other people need.
Saying it may be easier than practicing it, we realize that, and that thing that has haunted us all this time, that makes us afraid and lazy to do something. And what's important in terms of mindset about money, don't ever think that money is the main goal, because that will make your mentality worse when dealing with money, make money as a bonus from the success you achieve from what you have built in yourself.

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July 12, 2023, 03:49:24 AM
 #27

Internet has paved a way for plenty new ways to earn money unfortunately most of older generation doesn't understand that, and in less educated people or the ones living in developing nations — to them making money from Internet sounds like alien thing.

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July 12, 2023, 04:02:58 AM
 #28

Internet has paved a way for plenty new ways to earn money unfortunately most of older generation doesn't understand that, and in less educated people or the ones living in developing nations — to them making money from Internet sounds like alien thing.
Yes, now there are many ways to make money from the internet and we can take advantage of many platforms for that,
I think we are very fortunate that the development of internet technology is in line with the development of our generation,
but it must be admitted that now more and more people can make money from the internet.



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Oasisman
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July 12, 2023, 04:18:45 AM
 #29

The thing is, not all people have the affinity to take risks in order to open more opportunities for themselves. Most are looking for things that are more comfortable for them, and if they are already getting the things that they need and some things that they want, they'd surely stop and not try harder. Only a few people will ever achieve huge financial success since only few of them are risk takers.

That's because we all have different kind of preferences, some people might not be able to handle the stress and pressure when they step outside their comfort zone. Some people may not be able to contain the disappointment when everything doesn't go as planned. Trying your hardest doesn't always have a positive outcome, and there are a lot of stories of failure than success, they are not just posted in the internet or the social media. Those who achieved  surely have worked their way up, but that doesn't mean they worked harder than those who failed.
Though several things needs to be considered to become successful, but you definitely need luck. See how chinese people have a lot of stuff to attract luck in their business.

R


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July 12, 2023, 04:28:37 AM
 #30

Many people including me often think that tomorrow or next month will come again so it is difficult to save money, this is according to the message in number 2 which states "your income is not limited", if we are exposed to thoughts like this then many things are not important but We buy it with savings and even dare to owe, a good message so that we are worthy of inspiration.


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July 12, 2023, 04:39:02 AM
 #31

But this requires some moral restraint, the fact is that without good skills and knowledge people will get nothing legally and in the end only choose the wrong path. I mean, excessive dedication with an irregular mindset can also turn someone into a criminal.
Throughout my life, I can draw conclusions that with crypto people have more chances to lose wealth with no hope of recovering it.

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July 12, 2023, 04:39:54 AM
 #32

It's simple, people are just lazy, that's.

Most of people are don't have a big motivation to change their life, when they already have work for 9AM to 5PM, they will complain if they don't have time to learn a new thing. This is wrong because after you back into your home, you still have 3-4 hours to learn a new thing. They are just lazy and don't want to start a new thing, so they choose to having fun with their friends and play video games.
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July 12, 2023, 05:32:37 AM
 #33

Yes they actually believe that the only way people earn through the internet is mostly by scamming or engaging in Ponzi schemes. Even though technology has advanced beyond that and people with the knowledge could earn from the internet, I still don’t blame them because if they Should also join on the internet money making they would easily be scammed since they lack enough knowledge. And this is part of the reason why bitcoin adoption is also not growing in those areas.

Internet has paved a way for plenty new ways to earn money unfortunately most of older generation doesn't understand that, and in less educated people or the ones living in developing nations — to them making money from Internet sounds like alien thing.

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July 12, 2023, 05:39:26 AM
 #34

Yes, now there are many ways to make money from the internet and we can take advantage of many platforms for that,
I think we are very fortunate that the development of internet technology is in line with the development of our generation,
but it must be admitted that now more and more people can make money from the internet.

Indeed, internet has opened immense opportunities of earning for earning money online, and this digital economy includes e-commerce, freelancing and many more services. In particular youngers have been quick to embrace these new avenues and explore the leverage its potential. However, it is crucial to develop money mindset and acquire necessary skills to tap into abundant opportunities presented by this landscape.









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July 12, 2023, 06:01:25 AM
 #35

OP, you are too focused on making money and that is the downfall of too many people with that mindset. I once spoke to a friend of mine and I will never forget our discussion. He is a farmer and he told me this... "If you enjoy your work, you will never work a day in your life"

I have seen too many people that are 110% focused on becoming rich, but they have zero happiness. They work long hours and spend almost no time with their family and friends or even spending that money to relax. Most of them have medical conditions that are linked to high exposure to stress.

The two most important things in life is "Health & Happiness" ....the rest is just a hamster in the wheel.  Wink

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July 12, 2023, 06:26:35 AM
 #36

[1] There is money everywhere
Accepted...you need to know the right skill and knowledge that you need to make this money. If you are not destined to be a businessman and you go into business, there is every possibility that your business will crash. The government in many countries have deprived their citizens access to this money by corrupting the whole system by not providing a balanced atmosphere for the poor to be able to get that money easily. A good skill will help one make money.

[3] Spend to earn
Life is all about risk taking,some people are scared to put in their money into business or to train themselves in a field that will be favourable to them because they don't believe in themselves forgetting that it is what you have,that you will use to get what you want. The poor ones will find it difficult to use the money that they have to get what they want because, they don't have enough to eat for the day.





R


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July 12, 2023, 06:41:19 AM
 #37

[1] There is money everywhere - When we were young, many of us were taught by our parents to study hard and then enter a good company to work after graduating. And there is nothing wrong with this, But there are also many of us who until they are old know that this is the only way to earn money, but you will notice that this is not the only option because you can build a business, offer a service to earn money of money.

In fact there are many incidents like that among parents today. Instead of developing the talents that their children have, instead they tell them to become employees and forget about the hidden talents that these children have. So because there are thoughts like that, many young people today are monotonous and don't develop well in the field of making money. Therefore thoughts and understandings like that really have to be reduced and balanced with broad thoughts towards the view of making or making money.

Quote
[2] Your income is not limited - Many of us have the wrong mindset about money so most of us persevere or endure the salary. But the truth is that there are so many opportunities and there are no limits if you are open-minded to other things or jobs.

It's true, there will always be opportunities to get if you want to try and move from the safe zone. But for people who are already working and have a family, sometimes it's not that easy to switch professions and change jobs. Because if you change jobs, surely the results will not be known for certain. Meanwhile, money must always be there every day, because if you have a family, your needs will always be there every day. Therefore, many people stay in the jobs they have, and don't dare to leave the zone, for fear of the consequences that will befall them, when starting to open a business or changing jobs.
But it's true, if it continues like that, there will be no significant developments in the economic field. But what can you do, everyone must have a safe zone and their own decisions according to their views.

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July 12, 2023, 06:53:11 AM
 #38

Yes, now there are many ways to make money from the internet and we can take advantage of many platforms for that,
I think we are very fortunate that the development of internet technology is in line with the development of our generation,
but it must be admitted that now more and more people can make money from the internet.

Indeed, internet has opened immense opportunities of earning for earning money online, and this digital economy includes e-commerce, freelancing and many more services. In particular youngers have been quick to embrace these new avenues and explore the leverage its potential. However, it is crucial to develop money mindset and acquire necessary skills to tap into abundant opportunities presented by this landscape.
What needs to be considered is that work on the internet does not require an educational certificate, who has the competence, then he will gain a lot of profit. especially for young people who are of a productive age to be able to explore as much as possible about something new, but even though it is easy to get money, many young people are not necessarily able to manage finances well, even though that is also very much needed besides how to get money

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July 12, 2023, 07:11:45 AM
 #39

I understand your points OP, there are some that I have reviewed before.
I think it is more accurate to increase your ability and knowledge from a young age, if you have a lot of ability and are skilled in it you will easily get the opportunity to make money, meaning that your income is more than one hole, that is the most natural and fundamental theory in this case, money is will come naturally if you have something that other people need.
Saying it may be easier than practicing it, we realize that, and that thing that has haunted us all this time, that makes us afraid and lazy to do something. And what's important in terms of mindset about money, don't ever think that money is the main goal, because that will make your mentality worse when dealing with money, make money as a bonus from the success you achieve from what you have built in yourself.

  -  Well at least there is someone like you who understood my point why I made this topic, because of my experiences and saw at the time that I did not understand the existence of innovation in changing our mindset about money .

It's not really easy to do, but somehow we now have guidelines to know what we should really do if we want our lives to move forward. It's really in our hands how we can change it when it comes to money mindset.

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July 12, 2023, 07:18:23 AM
 #40

Making money is good as it determines your level of success. It's one thing to hope to get wealthy and another to be wealthy and just like everything in life has steps to follow for a positive thing to happen, money is not different.

It's the mindset you have about money that will drive your financial decisions everyday. Always dwelling on past financial errors can often blind you from making for better practices and positive attitude towards money in the future.

Making money can be quite difficult to get but easy to spend when you don't have goals or you don't have a strategy. To help clarify your goals, it would be best to classify them using SMART strategy method [S= specific, M= measurable, A=achievable, R=relevant and T=timely] [1]


[1] SMART GOALS strategy .
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