Wealth and poverty both start in the mine. It is a struggle between what I can do and what I cannot do. Many wealthy people have lost everything and gone bankrupt just to be wealthy again in a few years. There are also poor people that win millions in the lottery, just to find themselves bankrupted and poor within a couple years. The difference is the way they think about money, their mindset.
Do you distrust the banks to hold your money? Do you fear taking risks to increase your savings? Do you spend everything you get right away? Do you hate getting advice about how to manage your money? Do you feel that someone is always out to take you money? Do you hate giving money away? These are just some of the questions you have to ask yourself. By honestly answering these questions, you will see what kind of
money mindset you have. The way you think gives you the results you have. The definition of insanity is doing the same thing over and over and expecting different results. So if you do not like the results you have, change the way you think about money.
I grew up in poverty most of my upbringing, and most of that time I had a poor money mentality. I thought that I would always never have enough. If i got something good, like money, I had to spend it right away. Inside i thought that I might lose the money somehow so i best spend it. I also thought that spending money would bring me joy. I thought saving accounts were just ways banks could use your money. I am not going to lend them my money i said to myself, I never saved, not until I turned 23 years old!
Someone once said, ”It is not what you don't know that hurts you, but what you know that is not true. Lesson #1
My first lesson about money took place when l was 18 years old. I had started a business mentorship program. They constantly emphasized delayed gratification! Google defines it as ”resisting a smaller but more immediate reward in order to receive a larger or more enduring reward later” Bingo! Most people have to start here! Learn delay gratification. The best part of it all is that it applies in all areas of our life! Control this area and you will notice life start to change for the better.
Do not love sleep or you will grow poor; stay awake and you will have food to spare -Proverbs 20:13 Proverbs is arguably one of the wisest books of all time! it is so practical and full of Godly advice! Let me tell you, God cannot be wrong! You have to love to work. You can not be scared of hard work period! Seek work, do not avoid it!
Whoever loves discipline loves knowledge, but whoever hates correction is stupid. Proverbs 12:1 Ouch! i love it! Straight and Frank! You must learn to love knowledge! Teach yourself to read new things. When I was 14 years old, i was dumb, for lack of better words. I was not book smart or street smart! However, I knew Proverbs had a lot of good advice so for the next 3 years I read a chapter of Proverbs a day, the funny thing is that there is 31 chapter in it. So perfect, one for each day of the month day! Learn to Love to Learn!
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