Money is something all of us wants. But what we don't understand its not money which creates our happiness, its the freedom which we can buy from money makes us happy. Yes, its the freedom. Freedom of doing what you want, where you wanna live and how you wanna live. Imagine if you got plenty of money then you don't need to work on the toxic job anymore, you can travel this beautiful world and you can buy all the material possessions like nice house and car. That's why I said money don't bring you happiness but the freedom comes with money did. Having said that I wanna tell you some of the best advices on money and its management. These will give you better insight and also remove many of your myths around money.
You should never feel shame in hustling for money
Yes you read it right, there is nothing wrong in trying to earn more and more especially if you are not a born millionaire or billionaire. If you started from ground then just earn, earn and earn till you reach the point where you don't need to worry about paying bills anymore. The problem with societal programming is that it associates the desire for money with greed and evil. No money is not evil, the way you are earning is either evil or good. As long as you are earning in ethical way there is no harm in desiring for more. Moreover its your responsibility to earn more give better future to your children and comfortable retirement to your parents. The another flaw in society is that people believe in instant gratification. People think that when will they will live their life if the will run after the money all the time. My friend I am not restricting you from living your life. But binge watching Netflix, endless scrolling to social media or watching stupid cricket or football match is plain waste of tome. Spend this time in your hustle for money.
If you wanna to earn big be a producer not consumer
You have to switch your side from being consumer to being producer. In every field producers earn money and consumer spent money. For example in social media, influencers and creators are producers and you are their consumer. Now tell me who is earning money? Your shoes, clothes and everything you used is produced by someone. And in every market producer earn the money. So you start producing something, I mean you have to start a business that produce anything. It could be anything- any product or service. And if you don't have money to start produce anything, then produce content on social media that only requires a mobile phone.
Savings will never make you rich it only provides security
Nobody, not a single person on this planet got rich by saving money. Even if you are earning very good from your country's overall standard, still saving will not make you rich. Because inflation is reducing the value of your saving every moment. So never think that savings will make you rich. Always focus on earning more and invest as much as you can. Savings are also necessary because they act as an emergency fund in case any mishappening occur to you. But never rely entirely on them.
Always have multiple income sources
If you look closely the major difference between rich and poor it that Rich people always have more than one income sources. You should always have multiple income sources. These multiple sources are mainly the asset which make money even when you were sleeping. Which points out another difference between rich and poor i.e. Rich people never trade their time for money. Where as poor and middle class people does. When you are in any job you trade your time for money. Where as rich people invest their time in building asset, these asset earn money from them by which they build new asset and this cycle goes on. In this way rich gets richer and richer.
Always choose freedom over luxury
While at your journey to richness your end goal should always be freedom. Freedom from debt, freedom from fear of paying bills, freedom from restricting your ambitions, freedom from shit 9 to 5 job's endless cycle. The greed of luxurious life style will give you temporary motivation but the desire of freedom will fire you like jet plane and you will surely reach your financial goals. Because its the freedom which gives us real happiness. Luxury is always for showoff only.
Final thoughts
In the end I just want to say living an abundant and rich life is our birth right. But its our duty to work our ass off to get there. Because nobody gonna hand you over money. You have to go out and earn it with all your might and will.
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