Do You Have The Passion To Save Money!
Talking about passion makes me quite excited and i guess it’s because i am a more passionate person in nature so i tend to get quite hyped up upon hearing it =) But to many people out there, what is really passion to them? In fact, what is considered a passion to one person may not means the other person is the same.
Being passionate in general is good as it gives the person extra energy in doing the work. Have you met someone who keeps telling you how boring is the job or keep thinking how exciting and challenging their job can be on a daily basis? What is the difference between these two person? The answer is ‘ Passion’
Right now i have this sudden inspiration to share with you how to be passionate about saving money! This is very important and interesting because there are many people out there that i have met are not at ALL keen in saving money. They believe that money is made to spend and not save. I almost fainted each time i heard such statement. Hence i think these tips will be useful to motivate us to save money.
Tip 1: Think of what you can do with the extra money saved. Imagine being able to buy whatever your parents want or what you want in life. I am talking big purchases in general. With the extra money saved, you can have the opportunity to travel further rather than always being limited to nearby countries. With more money saved, you can also afford to do more charity work to contribute back to society. Otherwise, you will be too busy earning money and not able to give back society.
Tip 2: Think of the many business opportunities that are possible due to the build-up captial. Do you think you are able to execute your business ideas when you know you have $10k or $100k or $500k as start-up capital? If today there is this person that comes to you with a very good feasible business proposal but it requires you to have $10k so do you think you can take up the business offer or you have to deny it due to no funds. However often we heard of people saying ‘ Well the business requires too much capital that we does not have enough to go into’ So do you see my point? =)
Tip 3: Think about the investment opportunities that you can take advantage when time is right. Do you know that for those who have invested in early this year when all people are avoiding the market due to lack of funds and fears, they have already easily made more than 50% returns! A lot of people don’t like to save so even when they are presented with the right opportunity, they can’t take charge of it. This is really a great opportunity loss for them.
Tip 4: Think of the long term lifestyle that you desired. Do you prefer to have somthing that is temporary or permanent? Do you prefer to be eating and enjoying life now but in future will have to keep struggling to meet end needs or having simple lifestyle now but in future can have the luxury to relax to do own things in own pace?
Tip5: Visualise the moment where you can go for a long holiday break and be able to spend freely without guilt. Have you ever tell yourselves that you got no money after each holiday you go? Is that common to you? If yes, i think you should start to make sure that such guilt disappear forever. You can always do so when you have set aside money for it and know that even when you spend everything, you will still have one sum of emergency fund for you to use. It’s only possible if you save alot!
Tip 6: Look at all the uncles/aunties that are still working at the age of 65 and those who are enjoying their fruit of labour by saving. Ever wonder how does these people spend their money during their younger times? Of course there are people who work at age 65 because they chose to work to past time but for most of them, it’s no choice. They have to survive.
Tip 7: Adopt the ‘with money comes more opportunity’ attitude. I can guranteed you that with such an attitude, you will be successful one day because every single minute you will be thinking of how to earn more money and creating business opportunity for yourself. It simply gets you excited every day!
Tip 8: Have a rich people mindset. According to Napolean Hill, think and grow rich! This is very true! If you take a look around your friends, how many of them have the rich people’s mindset and are they rich? If mostly is yes then i’m correct. If no, these people could be on their way to success. Not forgeting that by thinking, actions have to be taken =)
Last tip: Throw away poor people’s thinking. If you are someone that always want to be super thrifty and like to save here and there and not even willing to invest for the future, the chances of you getting rich is close to zero! If you think that you born in poor family and will never have a chance to be rich, again the chances of you getting rich is zero! Law of attraction works in this way. You will attract whatever you think and it will come true! Poor people always believe by working hard and not spending on anything will be rich but the fact is that there are just something that have to be spent first before wealth will come to you.
Well i hope that the above 9 tips will be an extra motivational reasons for you to stir up the passion in you to save money! Cheers!
Related posts:
Loading ...
December 24th, 2009 at 8:50 pm
Really a great and nice post,,, Thank you for sharing such a nice video…