Isn’t it funny how money, something as important as oxygen, can be left out of the syllabus of our education system?
No wonder most people struggle with managing their money when they enter the workforce. Dave Ramsey, one of America’s most popular financial personalities, said that 78% of Americans today live paycheck to paycheck.
Since most people can’t properly manage their money, they remain average. The problem is that most people are, for too long, brainwashed to think that the only purpose for money is to buy things.
Most people are simply not programmed to feel the joy of having a fat bank account. It is only when they spend their hard-earned money, will they feel the sense of achievement and satisfaction. Unless we get rid of this mindset, we will forever be stuck in this vicious cycle of consumerism.
Rich people, on the other hand, treat money differently. Their focus for money is not to use them for buying stuff. Surprisingly, most of the rich people are thrifty and very mindful of how their money is spent. Rich people prioritize investing their money. Meaning they are constantly looking for ways for their money to, as Grant Cardone loves to say, “make babies.”
Investing requires financial intelligence, which most people lack of. That’s why most are in debt and living from paycheck to paycheck. To increase our financial intelligence we need to be diligent in educating ourselves with resources through the available means. They can be from educational books, videos, audio programmes, and seminars.
Robert Kiyosaki said that poor people work for money and rich people know how to let their money work for them. Unless you realize this wisdom, you will never truly achieve the wealth that you desire.
Joel Chua Books 