Friday, May 9, 2014

A Wealthy Mind: Temi Sodipo



One of the first things you need to know about wealth is that it begins in your mind. Having a mindset of wealth is all it takes for you to be sure you are on the right path to a highly successful and prosperous life. But you also need to cultivate some basic principles when dealing with money.







Always remember that “being wealthy” is a relative term. Having less money than the other individual does not constitute a less fine and prosperous life. Increase your relative wealth with these tips!

1. Chop the wants off!
The more money we earn, the more we often have more wants. You need to draw a definite line between your needs and wants. Any expenditure that falls into the “wants” category should be reduced as much as possible. Overtime, you find out that spending on only the absolutely necessary things in your life helps you save a lot more. Successful men have learnt this important principle, in their younger years, they used more economical, small, efficient cars. They lived in way cheaper homes, they shunned the luxury of life for a later period, and its worked for them.
Cook your own meals, for example. It’s a lot healthier and cheaper than catering or ready-made meals.
Don’t waste money because of your insecurity? For example, because you're worried about what others think of you. Do not constantly spend money on the latest trend - rather work on your personality. That way you become happier.


2. Focus on the good things of life
Stop whining over your income, over too little money. Even though its relatively low. You do not have enough money to pay your current lifestyle. Less money alone is a big problem if you do not adjust your lifestyle to the new situation.
Focus rather on the things that are good in your life. If that is not currently your bank account, then you focus on something else. So keep your positivity and keep you comfortable in your skin!  You can easily do this my appreciating the world around you more. The world is so much more beautiful when you observe it with full attention. Through more mindful to continue the life you notice that you are quickly satisfied. You are simply satisfied faster. An important secret in life is appreciating the people around you; “Human Investment” as I describe it, is one of the best investments to make in life.

3. Money is not the solution to every problem
Be creative, and find solutions to the problems you have, even if there is not enough money available. Money is no magic problem-solver. The reason why the problem came is because you hold the answers to it. Search inwards and you find out that your mind is a more important capital for your success in life, than money could ever be

You become relatively richer if you can do more. With your money you can also actually be richer by increasing your income. That is not always easy (especially in the beginning), but if you do it smart it is definitely worth it.


Always remember, that there is much more than enough wealth in the world to adequately leave every human comfortably rich. So cultivate a mindset of abundance, prosperity always starts from the mind.



Culled from http://tmwealthy.blogspot.com

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