Mad_About_Money_final Nov. 2016 | Page 11

Balancing your money is the key to having enough .
MadAbout

Money

Balancing your money is the key to having enough .

- Elizabeth Warren

With almost everything surrounding money , emotions play a significant role in the lives of people whether belonging to a rich society or those living a middle-class life . While the rich focus on the fact that emotions should be kept at bay , the middle class often stress themselves over both emotionally and mentally in the urge to acquire more money . So , how should you be handling such situations ? Let ’ s discuss what each category of people thinks on this for a better understanding .

EMOTION VS . COMMOTION
Wealthy people have a strong sense of financial intelligence that helps them crack every milestone time and again . They take their financial decisions keeping emotional distress aside , as according to them it does no good in their journey to become rich . “ Balancing your money is the key to having enough .” ― Elizabeth Warren The middle class , on the other hand , behaves in just the opposite manner . A typical average class person usually tries to gain more sympathy for his present financial state from others . However , even if sometime in their lives they earn an astonishingly large amount of money , they may not know how to handle it . Their emotional side becomes a lot more active , and that is why they fail to earn the monetary wisdom , which the rich have in plenty .
MONEY MANAGEMENT - CHILDHOOD INHERITANCE
Individuals , irrespective of their class inherit thoughts about money from childhood . How you saw your parents managing finances when you were a kid , will lay a foundation for how you may handle money in future . There lies a huge gap between what beliefs the poor people impart to their children and what does the wealthy lot do to inherit their philosophies and strategies on wealth creation to the children .
DON ’ T LET MONEY CONTROL YOUR LIFE
It is a fact that money makes our life easy and convenient to handle . With money , you can have easy access to all the things you have ever wished . The affluent class strives to manage money better because they understand the importance of wealth in their lives . This is why they don ’ t rest their financial goals on emotions and play a safe game . Thus , it should also be understood by the average class that earning money isn ’ t the only thing they should do to become rich . To become rich , foremost things to exempt from their lives are emotional tantrums they often throw at the cost of earning money .
MORE THAN EMOTIONS – IT IS YOUR VIRTUE THAT WILL
MAKE YOU RICH
Follow your virtue , and soon you will see tables turning in no time . The path of becoming rich comprises of right attitude , will in achieving your goals , zeal to take up risks , trials , and nonetheless strong and positive attitudes that will bring your dreams come to life .
LIFESTYLE OF THE RICH AND THE SUPER RICH
So , if you are aiming for the lifestyle of the rich and the super rich , don ’ t get hassled by the investment market . If you can ’ t afford the rich man ’ s ways now , you can definitely adopt their ways . All you require is perseverance , the right knowledge and good advisors on board .
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