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Mad Mad Money_Mar2017

This issue we will be looking more at the unique personality traits and habits that rich people have and the various tools that will helps you towards achieving those!

This issue we will be looking more at the unique personality traits and habits that rich people have and the various tools that will helps you towards achieving those!

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<strong>Mad</strong> <strong>Mad</strong><br />

<strong>Money</strong><br />

Life appears to be a never ending running race most of the<br />

times. We get the feeling that despite running the race in<br />

a tireless manner, we never seem to have a penny in our<br />

wallet whenever we open it. We either live on credit or tend<br />

to give away our desires in a dejected manner. We seem to<br />

be doing everything right when it comes to money and yet<br />

our wallet does not act as a proof for the same. Here are<br />

some crucial reasons why we don’t have money.<br />

1. Sticking to<br />

the comfort<br />

zone<br />

We all feel safe at our<br />

mummy’s lap. This is<br />

good as long as your<br />

love for your mummy<br />

does not stop you from<br />

grabbing the opportunities<br />

available in far away<br />

destinations. As long as<br />

we remain a couch potato<br />

under the protective<br />

wings of our parents, we<br />

never explore the golden<br />

opportunities outside our<br />

doors.<br />

2. Lack of real<br />

knowledge<br />

about<br />

economY<br />

Economy in the local<br />

man’s language<br />

remains the balancing<br />

of household income<br />

and expenses. This<br />

illiteracy makes people<br />

comfortably revolve<br />

around household<br />

expenses and savings<br />

year over year. Right from<br />

a young age, people<br />

must be exposed to<br />

the real economy in the<br />

world outside the four<br />

walls. This will make<br />

people more pragmatic<br />

in terms of money and<br />

accumulating the same<br />

3. Blocked<br />

by budgeting<br />

mindset<br />

Budgeting is good as<br />

long as it acts as the<br />

beginning for planned<br />

activities. When we just<br />

keep budgeting, we do<br />

budgeting alone and<br />

nothing else to earn<br />

money. It is true that ‘A<br />

penny saved in a penny<br />

earned’. But then it is just<br />

a penny and will remain<br />

one unless it is invested<br />

in a prudent manner.<br />

4. Depending<br />

on economic<br />

miracles<br />

Never think too high<br />

about politics or societal<br />

scenario. Societal<br />

economics is in no way<br />

going to lift you up as an<br />

individual. You have to<br />

try to pull yourself up without<br />

depending on any<br />

external force outside<br />

your control.<br />

5. Stop feeling<br />

apathetic<br />

about yourself<br />

Irrespective of where<br />

we stand financially, it is<br />

prudent to ascertain our<br />

situation in a periodical<br />

manner. Even if you don’t<br />

have a penny in your<br />

wallet, don’t give up. Just<br />

assess where you stand<br />

financially and what you<br />

can do about the same<br />

every now and then. If<br />

you don’t care for your<br />

financial situation, money<br />

will not care about entering<br />

in to your wallet.<br />

6. ACCEPTING THE<br />

RESPONSIBILITY<br />

Never feel bad about doing<br />

any legitimate job that<br />

can fetch you the money<br />

you want. No job is bad<br />

unless it means killing<br />

someone physically or<br />

cheating others. Try your<br />

hands even on jobs that<br />

others are unwilling to<br />

take up. For all you know,<br />

that is where the money<br />

is lying in huge lumps.<br />

7. Don’t commit<br />

financial<br />

suicide<br />

Get out of the mindset of<br />

comparing your financial<br />

situations with that of<br />

others whose situations<br />

are worse than yours. This<br />

means you are comfortably<br />

justifying your financial<br />

situation doing nothing<br />

really meaningful to get<br />

out of the same. Draw inspiration<br />

from people who<br />

are financially better off<br />

than you. Think honestly<br />

what took them there.<br />

Work towards the same.<br />

8. Never feel<br />

happy with<br />

your working<br />

schedule<br />

We are not asking to kill<br />

yourself but never get<br />

satisfied when you work<br />

between nine and five for<br />

five days a week. Having<br />

cash in hand all the time<br />

requires you to work<br />

all the time. It may be<br />

mental or physical. But<br />

work. It may be true that<br />

money is not everything<br />

and there is more to life<br />

than money. However,<br />

remember that in reality,<br />

money plays a significant<br />

role deciding the quality<br />

of the life we live.<br />

29

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