Hi there! Today February 24, 2022 I will be sharing with you our notion of being rich which probably you are thinking how does rich people feel about their wealth. They do have financial problems? Is Ayala, Billgates, Mark Zuckerberg and Sports legend like Lebron, Kobe, Floyd, Manny, Mr.Beast, Politicians and many more thinking about their income every day? When we think about it, it's impossible that they count every single money in their pocket or bank account. They have earned so much on what people expect of them. They made their lives so convenient that they could buy luxurious houses and cars and even out of know where activities.
Now, a lot of you seen Floyd revealing his wealth in social media such as YouTube channel. He showed his elegant clothes, watches and even rings, which probably think of you what else is lacks him? When we think of that we can't anticipate that this guy have deficient in life. We think they are almost perfect and nothing is lacks on them.
Have you heard about the Taliano's Wealth
Well, it's most controversial issue. Former President Ferdinand Marcos was given a chance to be a defender of royal family of Taliano which he was given thousands of tons of gold for being the lawyer of the royal family. It was gold bars which is given to Marcos for having a profound knowledge about law and his excellent service. He obtained the highest grade and top 1 of Bar exam. Now, that wealth isn't a joke owning thousands of tons of Gold which probably think of you that even when you do nothing it can give a very convenient life. Marcos was one among of the fortunate people in the world who have gifted such a brilliant talent and mind. Making speech in front of the American Politicians and Lawyers without any supporting guides on what he speaks. He is just had a great talent and that is a gift for him.
I share this to you cause I want you to visualize how does rich and fortunate people handle their wealth and spending it with their own will. It's very amusing to those people who have inherited wealth from their parents or grandparents. They have so very fortunate fate that they don't even worry what they eat for the next they. People who washed their clothes, preparing food for dinner, and even having so much leisure time with their friends and family. All of us are making imagination about being convenient in our lives. What would it feels when you are rich?
If you are given a chance to have 1 million what will you do?
Many people would thinks about what they want to buy luxurious things and even expensive gadgets. Most probably this questions will ignite your ideas. What will you do if you are given this chance? For sure you'll not hesitate to buy what you've interest. Well for all of us have different wants we should be making appropriate decision whether it is for out future or the current. Some people thinks about how can they retain this money for long time and make a profit on it. Some people will make long term investment and businesses that's even good idea. Do you think it is adequate for your long term investment? I think those people who have interest in investment would probably answer that question yes. Other people uses that opportunity to build their own business. That's the thing that they can retained and simultaneously gained profit. Some people who have swallow mindset that they only think what they want to buy what they want without even thinking that they can change their lives when they engage business and investments.
The story of a young man who got rejected 5 times in business school.
Marlou was already graduated high school and he plans to enter a business school. To tell the story short he got rejected 5 times from different school he took entrance exam. He was so disappointed with his self during that time cause he think that he is incapable in doing difficult things, like he concluded that he was naive to many stuff. So what he did is to work as a service crew in a restaurant. He was happy about his job that time cause his companion was nice to him and help him to the things on how can execute his job well. One day while he was cleaning dishes he realize that his wage is not adequate to sustain even himself and his monthly bills. He only receive $100 monthly and that he decide to resign his job. He strive to accumulate his wages and after 5 years of working he quitted his job. He realize that he need to do business and investment. So, he started to buy item online and sold it with interest. He continues to sell items to people and then he thinks it's good cause he can earn his salary in restaurant in just one day. Many years later he decided to build his own store and eventually started selling his item through online. Many more year's he became successful and makes his life convenient. He concluded that being at school doesn't guarantee you'll become successful rather it gives you more advantages to other applicants. He concluded also the to make people rich there should be a change and it start with your mindset.
Final thoughts
Being rich isn't not just easy especially when you have gone through so many challenges. A good thing to those people who have inherited wealth from their parents and grandparents they don't have to worry about what they do to make them rich and convenient in their lives. All they want to do is just to retain the things they've learned from their parents. They are just a recipients of the endeavor for their parents. Many people are searching what they should do to improve their life and took college and started a job then suddenly they're not contented what they have earn. But to tell you it is the mindset that brings people to a convenient life, yes they accept challenges cause it is part towards their success. So be it start to strengthen you mindset to build a better future.
It is importance we understand wealth and how to handle it. Most people have failed in this aspect. However, it is not entirely hopeless. we need to increase our understanding to wealth management.