The Downside of having Money

Since I always encountered the word "Money" on my everyday life especially because it has a direct connection to my course now, I decided to talked about my perception about it. I know that each of us wants money right? An enough money to sustain our daily livings. Honestly, anyone can have a money but not all of us are aware that money can also be the reason why we are being stressed sometimes. Someone said to me before that she think that she will be gonna be the happiest person if she have a lot of money in hands. But I want to contradict her because I do believe that even we have too much money if we can't handle it properly, basically it will not last for long.

Having money is a pleasure but some but trust me, it can also be hindrance for some. Having money can also turn you to becomes poor. I want to share to you my sentiments why having money has also a downfall.

1.If we only save it than investing it

I know that savings is a good trait especially because if there's emergency happened in the future. But make sure that you saves with a concrete plan on that money. My professor said that it's better to invest the money than only savings it on the coin bank or in the bank. Because bank only have a small percentage in return. Meaning to say, your money seems still sleeping on that bank account. There's actually a various type of investment that we can try if we want. But also make sure that you study and much aware on that kind of investment. DYOR before putting your money at risk cause if you don't do that your money will fly away to you.

2.Having money also encourage us to buy and shop more

I can't deny that I also do this before when I'm still not much aware of wise spending. But as I noticed, some people with extra money choose to spend it on the unnecessary things. The " it only cost cheaper price" and the impulse buying mentality can also be the reason behind it. I'm not against to those who give gifts and rewards to themselves because sometimes we really need to do that to motivate us to work harder. On the other side, we need to limit I because it can becomes a habit if we continuously doing that. Your mind seems poison you and said " Okay self, but more since you still have money. Spend,spend and buy". And tomorrow you will realize that you only use your money for short term happiness.

3.Sometimes we becomes Santa Claus on instant and also do our vices unlimited

Some people have a habit that if they have the money, they give and give without reserving something for himself. Giving and sharing is a positive attitude that we always want to acquire but also don't forget to save something for yourself because for sure you will gonna need money for the future. On the other hand, if we have money some will continue their vices. Some will go to the casino to test their luck on gambling. But can you really afford depending your hard earned money on the luck? Always remember that relax and unwind moments is different from vices.

If we really want to sustain our money with us, we should practice a healthy habit lifestyle because everything was begins with it. It's not only the goals that makes us rich but it is also our habits who worked on it. We should not let the money controls us but rather we should controlled our money. Also, don't close your door to limit yourself to stick on only one source of income, try to explore the other side of money. I'll end this article with the quotes of one of my favorite financial author ,Robert Kiyosaki " It's not how much money you earn,but how much money you keep, how hard it works for you and how many generations you keep it for". So be a wise saver and spender.

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Greetings!!

Hola! Hola! Crazy dreamers 👋👋How's your life going? It's been a long day for me today. But I'm still glad that I able to become more productive than I've expected. Seems that my power nap earlier really helps me a lot hihi😊 Always take care . Just a reminder that I am proud on your progress today. Just keep on rollin' and nailing.