Do you want to be wealthy? Go through all these contents Investment Mentality
We learn about money by trial and error( especially in this part of the country)
Lack of investment Mentality have kept many in poverty.
For investment Mentality to be inculcated in you, toxic mentality have to be eradicated
The 5 Toxic Mentalities that have to be eradicated to attain Financial Freedom are:
1 The Nomadic Mentality i.e vagabond way of life, moving from job to job, place to place, business to business without focus and consistency, they are wanderers. They have no assets , they consume from place to place without producing anything.
2 Consumer Mentality consuming all that one has attracts poverty, don't spend all you have in order to secure your future and avoid financial shame.
3 Victim or Entitlement Mentality victim Mentality keeps you at the same spot without moving
4 Civil Service or Salary Mentality it is not your employer's responsibility yo make you rich. It isn't also the responsibility of the government to make you rich.
Your boss is not your source but a resource
It is adviseasable to save 70% of your salary and spend the remaining 30% .
Delayed Mentality I.e ypi should not buy unnecessary things, in fact avoid them
Salary is fixed , it stops when you stop working, it can be delayed.
Income is not fixed but varies per time , it increases exponentially, it reflects your true worth, values and actuality inculcate savings culture no matter how small.
5 Prosperity or Materialism Mentality.
What is your view about money / wealth
When the purpose of a thing is not known , abuse is inevitable.
To be wealthy is to create impact.
Your wealth shouldn't be spent on your family alone.
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