I felt very lucky today when I found out that the entire human race are able to categorize money in two different ways and no matter the colour you have, your complexion or height, you fit into one of the two categories of people I will be discussing in this post.
You are either a spender or an investor.
For real, you either choose to be a spender or an investor it might not be a deliberate decision sometimes but we just find ourselves doing it. Most of us grew up with parents who are spenders and we were also thought that the best way to enjoy life is to become a spender, so it has been registered in our consciousness that the more we work, the more we have to spend. We are taught that the real essence of every work we do is to be able to spend well at the end of the month, if you work hard and you are not a good spender, then you are wasting away your life in the opinion of the majority of humans.
Becoming a spender is really easy to do because every day we hold our mobile device, several advertisement pops up on our screen reminding us of the things we need to buy even when we walk into a shopping mall different displayed items seem to be attracting themselves to us and then we are in a tight condition of choosing between spending all the money or investing it, when we remember our Mum says the purpose of working is to spoil ourselves silly, then we just change our mind about investment and we take our entire family on the much needed vacation and we also buy everything we wish to buy until the cash runs out and then we have to wait for the following month before we get another income.
As much as it is difficult to get out of the habit of spending, I have a secret formula that can help and I heard it from someone as well, so find out what the secret formula is below.
Begin to see money as an investment that needs to be planted to grow and not just something that has to be spent.
This will really save us from unnecessary spending and we will get smart and break free from the norm that society has planted in our minds, we have to try hard not to spend every penny we get and just get concerned about how to grow our money all the time.
Effective use of money is something that a lot of people can find very tricky to understand... It is very important to utilize money effectively and as they say, spend wisely...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's the key to a great financial life- wise spending.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I reason with you but one of my thinking is that the way Individual see life as it is, is the way we spend money either spender or an investor, but either way also let us be good with money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree that we all have individual differences but like you said we should be good with money is great.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We can make the choice to be either the spendor or the investor just like you have said. Most times, situations push us to be spendors and at times it is advisable to push oneself to the situation that will make one an investor
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Right.... There are so many attractive things that may want to turn us into spenders but we have to force ourselves to think in an appropriate direction.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit