What Is Money and How You Can Use It To Find Happiness
by:
BMA Editorial Team B .
Money is great! In this day and age, money is not only great, but absolutely necessary. Besides water, it is possibly the next most essential thing in life. Naturally health, love, family, friendship, fitness, and happiness are all really important as well, but how do we eat, or pay rent, or other monthly expenses without any money? Until we fundamentally alter society, money will always be number two on a scale of importance, with water being number one.
Money shouldn't be your only desire, for living as that would be an unusual and grotesque form of money worshipping. To operate in society we have to have a reliable amount of money to function comfortably. That could mean $300 per week or $900 per week contingent on your contexts and your location. Anything higher up than the survival amount is less important when compared to your health, family, friends, and happiness. Anything below the survival amount turns into a struggle and should be avoided at any cost.
Money Is Not the Root of All Evil
Many people base their beliefs about money from an early age. Regrettably, this means that many false statements are interpreted from those in our life that mean well. Among the largest untruths is that money is evil and the cause of all our troubles. This may have come from our parents or religious figures or mentors attempting to teach us their notions.
Admittedly, money has been involved with many of society's troubles, but it is genuinely the people that are inducing the problems. Money is actually a tool that is misused and molested by people. Although there are plenty of people prepared to kill or die for money, there are plenty more people utilizing money to cure the sick and feed the unfortunate.
A positive person will do good things with money, while a negative person will typically do evil. A bat shouldn't be labeled evil because of a couple of negative people using them unjustly.
Money Can Buy Happiness
Another usual term that money has been encumbered with is that it can't buy happiness. This is partially true yet by and large false. It is rather conceivable to have very little money and live a really happy and satisfied life. But whenever you have less money than what is required for survival, and the bills are coming in, your landlord is chasing after you, and your babies are hungry... how happy would you be?
Look at the two most abundant men in the world as a good example. Bill Gates is discovering his happiness in giving his money to those that are more inauspicious. His friend Warren Buffett has committed to give most of his fortune to the Bill and Melinda Gates Foundation. They are working at figuring out some of the worst problems on planet earth since they have the money to do it. Very few affluent people find happiness in clutching their great fortunes. They find euphoria in providing for their families, their community, and even resolving worldwide issues like Warren Buffett and Bill Gates.
Grow Your Money
It doesn't matter if you do think that money is evil and it can't buy happiness, it is hard to reason that your life wouldn't be fuller if you have a bit more money. You may not desire a million dollar home or a hundred thousand dollar sports car, but being competent to pay the bills on time and eating nutritional food had better be the starting point for any cheerful individual.
There are ways to grow the amount of money you have with very little sacrifice to your current lifestyle. There are formulas that are so childlike that most people brush off the advice because they believe money is not that easy to gain. You don't need accountants and financial advisers or even a great income to embark on becoming wealthy. All you need is dedication, perseverance, and time to have more money.
Keep 10 Percent of Your Money
The way to becoming wealthy begins with retaining at least 10 percent of your income. It's a principle that is brushed off only by those without any money. The ten percent isn't for vacations or fast cars or a bigger house, but for investing in assets that bring forth an income and/or grow in value. As your total income grows, your ten percent grows and your small amounts that you first began saving every week become larger and larger.
If you're not wealthy I will guarantee that you don't use this process. If you're wealthy, there's a fortunate chance that you applied this technique or something identical. I highly recommend a book by George S. Clason called The Richest Man in Babylon. It's essential reading for everyone that has less than $10,000 in the bank.
"You can only become truly accomplished at something you love. Don't make money your goal. Instead, pursue the things you love doing, and then do them so well that people can't take their eyes off you."
Maya Angelou Quote
About the Author:
Wholesale Forum is the web's first American forum dedicated to the discussion of wholesalers, dropshippers, importers, manufacturers and trade distributors. Start your online retail business today at
http://www.wholesaleforum.com
Distributed by
http://www.ContentCrooner.com
No. of Times this article has been viewed :
580
Most Recently Published Money Management Articles as of
|
|
Home Equity Loans Made Easy by 4 Simple Steps
by
Joycelyn Crawford
Convincing a lender to approve a home equity loan is not always easy when bad credit is a part of the equation. But there are 4 simple tips that applicants should know to achieve success.
|
How to Legally Save Thousands of Dollars a Year in Taxes
by
Robert Neuberger
Someone once remarked, "Next to being shot at and missed, nothing is quite so satisfying as an income tax refund." There's no question that saving money in taxes is high on everybody's list of financial priorities, especially self-employed business o
|
Financial Literacy 101: Cash Flow Analysis
by
Edwin Malipayon
The famous business author/investor Robert Kiyosaki always emphasizes that it's imperative for a person who wants to be rich to have financial intelligence. For how will you get rich if you don't know how to manage your money?
|
When to Get Payment Protection
by
BMA Editorial Team B .
If you have a credit card, then it is likely that you were offered or took out payment protection on the card. Although many people take out this insurance, there are few people who can benefit from it, and often you are just wasting money by having it. However...
|
How to Save Real Money When Bargaining With a Private Seller for a Used Car
by
Bruce Hokin
Apart from your home, this can be one of the largest financial expenditures and therefore one of the most important to your financial well-being. If you can learn a few rules and remember some proven tips then this can be an enjoyable experience.
|
Learning Effective Money Management
by
Mika Hamilton
The most common misconception that most people have about the wealthy is that they always drive around in fast and fancy cars, take lavish vacations, and live on large estates. While that may be true of some people, but the majority of the wealthy live normal lives and go to normal jobs.
|
How to Resolve Money Problems
by
Saleem Rana
This article will define "money resistance," identify some causes, and offer a way to overcome it.
|
Look Before You Spend and Think Before You Splurge
by
BMA Editorial Team 3
There is always pain in prudent money management. Most of this pain is inflicted by unexpected expenses. The best that one can do is to put away all one's savings in a bank for the future and try to not to go overboard with one's spending.
|
How to Choose the Most Beneficial Bank Account Option
by
BMA Editorial Team 3
As we begin to earn salaries, we come to realize that we need to make our money grow. So we look forward to either investing our money in stocks and shares or depositing it in a bank. There is great joy to be gained in watching the money grow in multiple folds every year.
|
Opening Your Doors to Flexible Bank Accounts
by
BMA Editorial Team 3
Along with a bank account comes the feeling of being rich. At least, after one has acquired a bank account of one's own, one can become more independent. However, before one opens a bank account, one must take certain precautions to ensure he is approaching the right bank.
|
Say What You Need to Say
by
BMA Editorial Team 3
As money managers we take in assets with the hope that the capital we've been entrusted with will grow, by dint of our efforts. Staying in touch with frequent and direct communication helps us manage the inevitable separation anxiety...
|
Most Important Rules of Money Management
by
BMA Editorial Team 3
The lack of money is often not our problem, it is the way we spend it. Wealthy people tend to spend money on things that increase in value or provide them with a return on their investment.
|
Teaching the Concept of Saving to Kids: The Best Lesson for Money Management
by
BMA Editorial Team 3
A question generally arises as to why you should be teaching kids about money when they are young. Ever spotted your kid leaving that costly computer game you bought for him lying on his bedroom floor, just waiting to get trampled on?
|
Why Choose Money Market Funds?
by
BMA Editorial Team 3
While the potentially higher gains you can get (and the relatively low risk you undertake) can bode well for the diversification of your portfolio and the buffering of your assets against devaluation and inflation, there are a few other advantages that come with this type of investment.
|
Why are Brokerage Firms Essential?
by
BMA Editorial Team 3
Do you want to have a "nest egg" to take care of your family after you're gone? Do you need a superannuation fund? Do you want money for your kid's university education? Then a brokerage firm is the place to go.
|
PRO FOREX ROBOT
Discover the Secret To Making Profitable Trades Over 86% Of The Time... Absolutely Mind-Blowing Strategies!!!
|
|
|
Search for ebooks on Management & Business