Disturb the chaos anyway, clear the original source
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Editor’s note: People who teach financial management often make mistakes that focus on financial management skills. This is why people know so much but are still anonymous. We actually have many misunderstandings about money. Money is just a concept, a tool, and getting rich has nothing to do with how you handle money, whether you think you are and whether you believe you can do better than anyone in the world. This article is translated from medium, author David O, original title The Most Common Misconception of People Teaching About Money Today.
Image source: Rock Staar on Unsplash
Money is actually not true. This is a point of view that many people who teach financial management cannot understand. Their focus is often to help people take care of their financial situation. It’s like having a tennis player focus on the scoreboard instead of what happens on the court. The root cause of this misunderstanding is that people’s financial situation can be changed by changing their financial perceptions.
That’s why you will find that trend ideas like savings and investment have received a lot of attention. This is not to say that these things are not important. In fact, they are very important. But if you want to significantly and permanently change your financial life, you must go deeper.
Most of us will complete more than 70% of our daily work unconsciously-this is the power of habit. We don’t need to think about these things, because we have created a program in our head that knows what to do. This is why one can have serious conversations while driving. Of course, his eyes were fixed on the road, and he would also obey the traffic rules. But his driving proficiency is based on unconscious confidence.
Therefore, when people look at their financial situation, few people notice how they do it. The problem is that if they get rid of their current financial situation and go to the next level, the things that caused the previous state will happen again. In the same way, when a person knows how to get rich, no matter how many times he goes bankrupt, he will eventuallyWill become rich. The reason is that they know what to do.
Getting rich has nothing to do with how you handle money. Getting rich starts with who you think you are and other things, such as you believe you can do better than anyone in the world.
Money is a concept, money is a tool. Having a large sum of money has nothing to do with how you spend money or manage your property.
Your income is a basic cognitive “framework”
Viewing yourself from your income is a narrow way of judging your own financial situation. What you can do and what you can’t do is not counted. That’s why people don’t know how big their income potential is.
When a person earns up to $ 2,000 a month, it is difficult for such a person to stick to the idea of making $ 20,000 a month. Twenty thousand dollars is too ridiculous, they can’t even think of what to do with it. So most people will ignore the opportunity to own this $ 20,000. Their income has unknowingly become the framework for their view of the financial world.
When looking at money, the first thing to do is to get rid of this framework. Money is just a number. Comparing it with value is astray. This is because the prices of products and services can vary according to your sales target. Take this framework away and create your own possibilities.
The choice of money is interconnected
There is a very useful concept in personal finance, that is, “result”. The concept of results is a bit like karma. It means that each of your actions will lead to a result. When it comes to money, you can’t have both fish and bear paws.
In other words, you can choose the way you want to go, but you cannot choose the destination at the same time. You cannot board the plane to New York and then decide to land in Sydney. Such a decision is impossible. But they are exactly what people desperately want to achieve today. You have to understand that when you board the plane to New York, you will land in New York. You cannot decide where to land. You get on the plane and decide where to land, this is the result.
Each choice has a result. You can only make choices, whether you like it or not, the choice will follow. This means that when you spend money on anything, you have chosen whether you want the consequences of it. The only way to change the results you will get in the future is to change your choices.
For example, you spend a long time going to work every working day. The reason you give yourself every day is that living in an expensive community far from where you work can save money. But what you do n’t think about is the loss of time, the loss of efficiency, and the lost connections that live on the other side of the city. The result: you ca n’t surpass your environment economically. You either go back to the past, or you are now in contact with a new environment.
Choose your environmentIt may not be a decision in the financial field, but it is definitely a decision that greatly affects your ability to make money.
Decide to create wealth
Smart geography will not make you rich. Because financial management focuses on how to stay rich, not how to become rich. If your income can only barely sustain your expenses, then what is the use of investment? Some people may ask:
I have $ 2,000. How do I invest?
My answer is:
Why did n’t you find a way to get $ 250,000 first?
It is difficult to find a good investment for $ 2,000. You may lose all of the $ 2,000. Stop making a decision to make money with money and start with a decision to create money. The decision to create value will open the door to wealth for you.
A decision without a deadline is still essentially a wish. You must either implement it immediately or set a deadline. The purpose of setting a deadline is to get you serious. Once you decide to create something or complete something, the world will even take you seriously.
With rich people
My first advice to any poor man who wants to get rich is:
Change your environment.
Your economic situation always reflects your environment. As Dan Pena said, “Let me see your friends, I will let you see your future.” Don’t ignore or underestimate the impact of the environment on people.
Feeling is reality. If people think you are a rich person, you will be treated as a rich person. This is how simple things like dress can affect people’s financial situation. But this is not to say that you should wear clothes that you cannot afford to impress others. Don’t try to impress others, you have to impress yourself. Make yourself look like the crowd you want to socialize with. You are here to take the first step to gain wealth.
Owning money has nothing to do with money
The choice that most affects your financial situation is not in the financial field. This is what I want to express in this article. People who teach financial management will make mistakes that focus on financial management skills. That’s why people know so much but are still anonymous.
The ability to own money is how you choose to define yourself to the world around you. This is not just how to manage your income or how to get promoted at work. Focus on what really mattersLove, your ability to make money will improve.
Never forget that money is just a concept. It is subject to many things. One of them is your identity. The things that have the biggest impact on your financial situation have nothing to do with money.
Translator: Xitang