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Author Topic: Things you should know about Money mindset  (Read 1568 times)
Kimonoe
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July 14, 2023, 01:40:31 PM
 #61

I wonder if what OP is referring to is just a way of expressing the material complexity of life, we seek money, not money seek us? What is money? Purpose to have it? And then what? A vicious cycle and a pile of questions that sometimes we have the answers to ourselves or don't want to ask but still let the power of money rule our minds. I find it simpler than making money just to serve the happiness of each person's life position, the happiness of an ordinary person is different from the happiness of a rich person, so it is not necessary to distinguish the level of money and pressure on each other. You may or may not, as long as you feel you are doing it right for yourself and the people around you, that's what I see money as important and not as important.
indeed everyone has their own way of life, money is no exception, we cannot measure a person's happiness from how much money he has, because everyone has their own problems, so this is what makes people see other people's lives more perfect than himself, although that is not certain either. but indeed with us being able to be rich then our life will be more useful to be able to help others and of course will find happiness in itself, on the other hand admittedly or not many problems can be solved with money

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July 14, 2023, 02:10:09 PM
 #62

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...
Your views on wealth and wealth are also poor I think is not entirely correct, as I am not denying that in today's life people are trying or chasing after things they don't understand, as a topic. A small update about the family story, when I earn a certain amount of money, I just think of sharing it with everyone around, but before I decide that, my relatives have come up with what they need must have but it really doesn't solve their lives more, satisfy a certain selfishness that I feel with the superiority of money with people who are not equal to me, so rich or poor important, because in general, our lives seek balance in the current life position, so do not force yourself to be rich out of reach, just as long as you work hard and dedicate yourself to helping share more, the wealth principle that I learned from a person who saw "give, don't expect to receive"  Smiley
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July 14, 2023, 02:39:07 PM
 #63

That's right. Instead of treating money as a concept forever and hoping that it will come in old age, we need to change our mindset and be confident that we can change our circumstances.

The mindset determines the level. Therefore, if you want to change your destiny, you need to change your mindset. A poor mindset limits our abilities and creates self-limitation. Therefore, in order to advance and become rich, we need to change our mindset and believe that we have the ability to succeed. Starting with a change of mindset and action now is an important first step towards escaping poverty.

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July 14, 2023, 02:55:13 PM
 #64

I wonder if what OP is referring to is just a way of expressing the material complexity of life, we seek money, not money seek us? What is money? Purpose to have it? And then what? A vicious cycle and a pile of questions that sometimes we have the answers to ourselves or don't want to ask but still let the power of money rule our minds. I find it simpler than making money just to serve the happiness of each person's life position, the happiness of an ordinary person is different from the happiness of a rich person, so it is not necessary to distinguish the level of money and pressure on each other. You may or may not, as long as you feel you are doing it right for yourself and the people around you, that's what I see money as important and not as important.
Yes, that's very true, everything depends on the mindset, but back again that at this time everything needs money, even to be able to make the people we love happy, we have to be accompanied by money to be able to fulfill their wants and needs, I don't deny that because that's why our minds messed up so that it is money-oriented, I think it's natural even though it's a little confusing and also tiring.

Sometimes it's not only on the mindset, from the power of the money in the society it divides people who have a lot of assets that classifies as poor and rich. If you have a huge amount of money then you can be called as rich but if you're not then they will consider you as poor. Which will be affected by the thinking of the people. Even if there's a new born child as he grows up not knowing the concept of this maybe he will be happy in life as long as he have all of his needs such as foods, shelter and etc. You could feel this lifestyle in rural areas where some people's mind are not fixed to the power of money. Even if you gift someone you love as letter as long as effort is there they can be happy. Mindset and the standards in the society is what makes people to think in their mindset.

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July 14, 2023, 04:22:58 PM
 #65

I think having a money mindset is the most important thing in my experience, one thing I regret is not being responsible for how I handled money when I was just a student because even though I am just a student I already end a good amount of money through cryptocurrency, trading, campaigns, bounties, etc. I would say that I wouldn't really get the opportunity if I didn't know or have enough knowledge about financial, cryptocurrency, and investment I would really going to earn a good amount of money, so I think the forum really plays a big part in my knowledge and how I handle money.

One thing I realize is there are a lot of opportunities out there that you could see, when I graduated I started to find a job but since I was just a new graduate its kinda difficult I was still able to find a job I thought having a job is difficult but if you already have skills that needed company are the one that wants to hire you in the end. So you always have the opportunity to earn money you just need to invest and grab that opportunity.

It doesnt really matter if you have a lot of money even though you have a lot of money if you doesnt have the knowledge all of your money will be lost in the end, If you're just going to spend it and not invest it, your just gonna run out of money in the end. So having that mindset is a big thing and the key to growing your money.

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July 14, 2023, 05:37:51 PM
 #66

The one thing that I truly believe in is that "money brings more money". Nothing is free in this world. When you have a mindset like this, you can make more money. Everything has a price, if you own something like that in you, sell it. Take every opportunity that comes into your life. If one fails, the other one will become successful.
The most important thing in life is to share your ideas with successful people. If you share your ideas with people who have no knowledge about them, you are most likely to get stuck with your idea. You will find no way to execute your plan. Successful people will help you to refine the idea and give you a proper plan to make it successful. So spend time with people who will teach you about those mindsets.

Also, remember that nothing is small. You start from the small and reach the big ones.
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July 14, 2023, 07:29:23 PM
 #67

Could you please show us the self-help book, out of which you learned all this info? I'm sure that you got all these ideas(or you copied the entire text) from a self-help book.
I usually avoid self-help/motivational books and videos, because they are just "feel good" content. They say "if you do this and that, you will become financially successful and you will achieve all your dreams". They portray a picture, where it's actually easy for you to achieve your goals, which is far away from the truth.
All this "money mindset" theory is way easier said than done. In reality, very few people are going to change their mindset about money, even if they read your forum post.
Unfortunately that's a sad truth. There are way too many people who think that they could read a book or something here and there and change their life but it's not that easy. I think it's quite important to remember that we are not going to be a changed person just because we read a book. A lot of people keep saying "oh this book changed my life" but it wasn't the book if your life changed, and more often than not it doesn't even change.

You need hard work, dedication, unwillingness to stop, and a very hard skull to prevent damage from hitting your head on the wall when things get hard, but still keep on going. Life is hard, that's the best advise I can give to anyone, life is hard and even the greatest people you see online are idiots, trust yourself, and accept life is hard, and match the level with your work ethic to get a better life.

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July 14, 2023, 07:34:58 PM
 #68

These are very good advices. There are endless opportunities to make huge money but people are lazy to do it or blind to see them. I have friends make money in so weird ways but somehow they manage to make it work. They sometimes explain to me but I don’t understand a damn about what they are saying. I always tell them that I should do a business which I understand and it is the truth. Warren Buffett says the same thing too. He says that he doesn’t invest in a business he doesn’t understand.

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July 14, 2023, 07:55:46 PM
 #69

These are very good advices. There are endless opportunities to make huge money but people are lazy to do it or blind to see them. I have friends make money in so weird ways but somehow they manage to make it work. They sometimes explain to me but I don’t understand a damn about what they are saying. I always tell them that I should do a business which I understand and it is the truth. Warren Buffett says the same thing too. He says that he doesn’t invest in a business he doesn’t understand.

I agree that money is everywhere but it all depends on how we're going to grind just to get it. There are already lots of opportunities offered by the latest technology and all we need is to upskill so we could grab more chances to earn.
There arw also business opportunities and ideas that we could put up during these days and I also agree that we should focus on the business of our interest. It's hard to put up a business that we aren't kowledgable about so it would be better if we focus on doing what we want so we can adopt and adjust with things easily. Only lazy people won'g find money these days because if we really want to earn and make money, nothing should hinder us from working and hustling.
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July 14, 2023, 08:23:47 PM
 #70

While growing up and you get to meet your relatives who are not doing so well financially you think such an individual is lazy but you know when you are grown and you start living by yourself and fending for yourself you know that it is not easy to save not unless eating three square meal easily.

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July 14, 2023, 08:35:41 PM
 #71

That's right. Instead of treating money as a concept forever and hoping that it will come in old age, we need to change our mindset and be confident that we can change our circumstances.

The mindset determines the level. Therefore, if you want to change your destiny, you need to change your mindset. A poor mindset limits our abilities and creates self-limitation. Therefore, in order to advance and become rich, we need to change our mindset and believe that we have the ability to succeed. Starting with a change of mindset and action now is an important first step towards escaping poverty.

I also agree with the power of the mind.  Since it is the central command that dictates our way of thinking and actions.  So having a set of good mindset about money and believing the infinite possibilities of acquiring it will motivate ourselves to make extra ordinary performance to hit any target we had aimed.

Those successful individual have fixed their mindset that they can do extra ordinary so they did.  So having guides and set of mindset to believe in acquiring money and believing that there is  an infinite ways will make our brain works in finding these ways.  Thus, giving us lots of options to earn money.
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July 14, 2023, 08:45:31 PM
 #72

That's right. Instead of treating money as a concept forever and hoping that it will come in old age, we need to change our mindset and be confident that we can change our circumstances.
Even though we don't have to treat money as a concept forever in our lives, it doesn't mean we have to forget money as a tool that can still be used in our own lives. Especially if someone is enjoying his old age by trying to maintain a healthy body all the time which really won't be enough if you just rely on mindset.

Quote
The mindset determines the level. Therefore, if you want to change your destiny, you need to change your mindset. A poor mindset limits our abilities and creates self-limitation. Therefore, in order to advance and become rich, we need to change our mindset and believe that we have the ability to succeed. Starting with a change of mindset and action now is an important first step towards escaping poverty.
I agree more with the last sentence you said, which is about a change in mindset and action in a tangible form. That is, it is everyone's action to continue working through the business he has been in for a long time while adopting a more mature mindset for himself. So that it can be a little easier to get out of poverty which in general can come at any time to those who do not have any action to prevent themselves from becoming poor in the future.

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July 14, 2023, 09:34:16 PM
 #73

That's right. Instead of treating money as a concept forever and hoping that it will come in old age, we need to change our mindset and be confident that we can change our circumstances.
Even though we don't have to treat money as a concept forever in our lives, it doesn't mean we have to forget money as a tool that can still be used in our own lives. Especially if someone is enjoying his old age by trying to maintain a healthy body all the time which really won't be enough if you just rely on mindset.
That's right. Instead of treating money as a concept forever and hoping that it will come in old age, we need to change our mindset and be confident that we can change our circumstances.
If we can have mindset training or resetting would help a lot of people. Especially for men or people from very poor backgrounds. When I see how people are from the rich to the poor it occurs to me that while they may have different backgrounds, the thing that can keep the poor one focused is his mindset
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July 14, 2023, 09:49:38 PM
 #74

While growing up and you get to meet your relatives who are not doing so well financially you think such an individual is lazy but you know when you are grown and you start living by yourself and fending for yourself you know that it is not easy to save not unless eating three square meal easily.
If you’re both at the same level then don’t expect to get any help, just keep on working on your own and slowly have your money grow.

All you have to do is to have a work and live within your means, and years later for sure you can be at a good financial situation.

Having the right mindset with your Money can be a big help, don’t just ignore this and be more financially literate.

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July 14, 2023, 09:50:39 PM
 #75

Maybe its not really about saving the current people that are old, but its about saving the future? I have been saying that we need to explain kids, even little kids, how money is earned and how its grown. If you could start teaching it at like 12 or so, that means until they are 18 they will have a greater understanding of it. Sure in the USA we see kids with their lemonade stands or whatever and then a job at Mcdonalds to buy their latest thingy and so forth, but we are talking about just one nation. In my nation for example, parents just take care of kids and never make them work, very few do if they are very poor, but nobody else. This is why we need education on finance when we are young.

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July 15, 2023, 06:01:10 AM
 #76


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...



That's a very good point about our financial situation, we can't change much by sitting at home and do nothing. The only thing we do like that is not spending any money, which is a good thing but it's not enough to change our situation. Reducing spending and consumption is a good way to increase the money we can save each week, but by saving alone we won't become rich. To really make a difference we need to look at our income side, not the outflow side. The interest we get on our savings is not enough to cover inflation, we are losing wealth every year if we don't invest. In my opinion building a long term portfolio with different asset classes is the best approach to try and grow our money.
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July 15, 2023, 06:08:40 AM
 #77

[3] Spend to earn - You also need to have a mindset that is not just saving or saving or always relying on free money just to increase your money. But it's true that the aforementioned are important, But if you want to earn a lot, it usually comes at a price. Because you are investing for yourself and your future, that is why it is also spent and time is really taken.

They say "The more you learn is the more you EARN." So don't beat yourself up because that's for yourself too. If you want to learn something, buy a book, or watch youtube videos and type what you want to know. Attend seminars or study to increase value in any marketplace.

And for that to happen, I think you need to invest in equipment, such as laptops, mobile devices or gadgets that can help you develop yourself.


Capital determines results, but in my opinion if it is mismanaged it will be another story. Yes. investing requires courage and strong capital support and will be successful if combined with strong experience and analysis. I agree with you that the increase in asset estimates may have a price and does not just happen without a reason.

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July 15, 2023, 11:14:09 AM
 #78

if you don't work hard to study, be lazy and stingy, then poverty will surround you.
Not really, if you were born by a billionaire parent where they have many autopilot big business and can't be competed by any other business. Even you're not study hard, be lazy and stingy, you're always rich as you don't need to do anything. There's no guarantee you will success after study very hard, productive and being generous.

Life is unfair and you must able to accept it.
How many people are like that in life?
It's fair that their parents have worked hard to get a better life, and they are the next generation to inherit that common fruit, and justice always exists in life, we We should not look at some cases and ignore the whole.
I have also asked a lot of questions in the past about why people who are born in a good family, and also people born in difficult families, have really big stories but don't fits the topic of this channel so I don't want to express it. However, I still want to reiterate that life is fair to all of us.

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July 15, 2023, 11:26:14 AM
 #79

Capital determines results, but in my opinion if it is mismanaged it will be another story. Yes. investing requires courage and strong capital support and will be successful if combined with strong experience and analysis. I agree with you that the increase in asset estimates may have a price and does not just happen without a reason.
Yes capital alone is not enough, it takes more courage to do it. Personally i see that there are many opportunities that we can use to invest. Both in the form of goods aimed at self-development and in the form of digital assets, going back to the beginning of it all just needs movement to do it. This means that it is not enough to push from outside and be supported by a lot of capital, everything takes time. Studying risks, setting goals, analyzing opportunities is needed if we want to do it.

For cryptocurrencies it will interest me more for now, by exploring and studying market share we can minimize risks so that we will get significant profits. But this is just a personal opinion, each individual must have their own thoughts on the desired form of investment. If managed properly and correctly all forms of investment will produce results, namely profits.

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July 15, 2023, 11:51:29 AM
 #80

if you don't work hard to study, be lazy and stingy, then poverty will surround you.
Not really, if you were born by a billionaire parent where they have many autopilot big business and can't be competed by any other business. Even you're not study hard, be lazy and stingy, you're always rich as you don't need to do anything. There's no guarantee you will success after study very hard, productive and being generous.

Life is unfair and you must able to accept it.
How many people are like that in life?
It's fair that their parents have worked hard to get a better life, and they are the next generation to inherit that common fruit, and justice always exists in life, we We should not look at some cases and ignore the whole.
I have also asked a lot of questions in the past about why people who are born in a good family, and also people born in difficult families, have really big stories but don't fits the topic of this channel so I don't want to express it. However, I still want to reiterate that life is fair to all of us.

All of the poor sectors are really thinking about it even my self but this kind of mindset is very toxic because you will complain everything, when I started to read books about principles of life it is really best to not compare your self because that is where that mindset starts, you'll strat comparing your life to others even it is not applicable at it is very different, that is why having a gratitude mindset always in everything, lets say right now you should be happy that you joined a signature campaign here and earning decent money because others want it, rather than complaining that you need to do 2 jobs at a time so that you can survive on daily basis unlike to others that they are born wealthy already.
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