“Women fake orgasms and men fake finances.”― Suze Orman
When it comes to the matter of finance, often we boast too much. Even though we don’t have sufficient purchasing power, we still squander money to impress others.
There is no significant income, but we fake it in front of others, and what do we get?
A fake third-grade self-satisfaction.
How shameful is it to lie about what we don’t have?
Are you struggling to manage your finances, and if yes, why is it difficult?
Either you’re not good at mathematics, or your psychology is weak.
Let’s do the calculation. You’re earning an ABC amount of monthly income, and your expenses are XYZ. Now, if XYZ>ABC, definitely you’ll be in trouble.
The solution to this problem is simple. Keep on maximizing ABC and minimizing XYZ, and you’ll live a life of abundance without ever needing to live on credits. You don’t have to beg anyone ever.
The next problem is weak psychology. You always think about scarcity and poverty. That’s what reflects in your life, irrespective of your income level.
If your mindset is poor, the Universe can respond to you only in a way that creates a poor lifestyle.
You wish to look rich in the eyes of others, but you feel poor in your own eyes.
Can you see the conflict in your head?
We are always living in fear of losing money which is a mental problem. Our attention is not on earning more but on guarding what we’ve. Then we’ll take no risk or less than required to generate extra income. We’ll not invest money in financial instruments. We’ll not start any new business that might fail. The fear of failure will cripple us, and as a result, we’ll spend the whole of our life as mediocre.
I don’t mean that you should become reckless with your money. That’s the least possible advice you can expect from me. Instead, I suggest guarding the gold like a dragon but understanding the nature of money, I know that the non-invested gold is worthless. The purpose is to live a prosperous life and feel true abundance instead of fake richness.
We’ve to become good traders and great investors. We’ve to train our minds to think about the probabilities of future gain. We’ve to learn how to increase our wealth with the resources in our hands. We’ve to create a system-driven mechanism to execute the wealth creation plan.
It’s now the moment here where we can write a new story of wealth creation. We can start working today by taking an oath to improve our financial health so that we don’t have to fake finances.
In upcoming articles under this section, I’ll present the wealth-conscious approach to achieving your financial freedom.