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15 ways to think about money

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Written by   384
1 year ago

What if i told you that most of you are thinking about money in the wrong way, the average person has no idea what money really is and how to leverage it for a life filled with freedom. They use it to pay bills, buy food and acquire things they use for a limited amount of time before they're eventually unusable. By the end of this article , the way your mind comprehends the concept of money will dramatically change. You're lucky to have found this article . Are you ready for it?

Here are 15 ways to think about money.

1. Money is a tool

Money is a tool that allows you to move value across space and time. For most people money is emotional, it's personal. But your reality changes once you realise money is no different than a car or a vacuum cleaner. It serves a specific purpose. If the car takes you from point A to B, money takes value from point A to B, you extract value at your job and then transport that value to a different place at a different time. The more you think about it, the more you realise how true and simple this actually is. You see, money is very similar to a traditional car, it'll take you wherever you wish, as long as you're a good enough driver.

2. Use money to buy yourself peace and you'll end up with happiness.

You can't get to happiness without first getting to peace. When they say Money can't buy happiness directly, they fail to mention that money can buy you peace. Here's how that breaks down. Peace comes from a lack of stress and worry when we feel safe and that our future is predictably positive, we worry less because we are no longer worried about what we are going to eat tomorrow about where we're going to sleep, Money buys that because these are money problems. Once you've bought your safety, you're left with non money problems, like "how do I feel about myself about my relationships?", "And what do I need to do in life to feel fulfilled?" Once you buy yourself peace, you'll eventually arrive at happiness.

3. Broke is temporary, poor is forever.

There's a big difference between being broke and being poor is that being broke means you have no money and being poor means you have no way of getting out of the no money situation. So are you broke? Or are you poor? , poor people accept that their reality is permanent and unchangeable. They teach their children that they are poor and destined to be poor as well. It's the man, the system, the universe that keeps them that way. The only people who escaped poverty are those who acknowledge that they are currently broke. But there are options to change that, they don't believe that broke is permanent. They believe that change is up to them, even if it means pushing harder than others who maybe got dealt a better hand to begin with. You see the broke seek to better themselves. They want tomorrow to be slightly better than today and are willing to work for it. They look at the process from a gradual perspective. The poor only think of the world in black and white terms. Their wish is to be rich not to not be poor anymore. So listen to this point as many times as you need to until you're confident you're actually broke, not for, only then you can begin to move up.

4. There's no such thing as a money cap.

Why don't know a secret. Here it is there is no limit to money or success in this world. Growing up for some reason we were always taught there was a limit to money on how much a company could pay an employee. This stems from the idea of being paid by the hour and the fact that there is a limit to the number of hours you can work in a day. This is factory based renumeration and brainwashing. The moment we transition to the other side of the curtain the truth was revealed to us money is unlimited, they have a literal printer that goes whenever the market asks for more innovation is unlimited. Everything done today will be done faster, cheaper and better Tomorrow. Money is an infinite resource because as you'll find out in the last point on this list, money actually isn't real. It's something the rich made up.

5. First you Learn then remove the L

You're paid in proportion to the value you can add to the marketplace. The truth is you can always increase your value output through education. Learn to use new tools and your productivity will increase and so well how much you're paid. Learn to build systems learn to communicate and build teams learn specific techniques by watching the masters. You want to stop being broke start learning things that are valuable. The problem most people encounter is that they have no idea how to learn when we say education, their mind immediately goes back to being in school, horrible. Learning how to learn is the ultimate skill one can possess because once you get it everything else out there is up for grabs. Our life changed once continuous learning became part of our daily life. Anything you want to achieve in life can be learned.

6. Money grows on trees

If you know what seeds to plant, here's what most people do, they go to work, they put an effort they get paid. And then they go and spend that money. How dumb is that? They do this because the average person has no idea there are money trees out there, where if instead of spending the money, you plant it and nurture it, and it grows into more money, do that enough times, then you don't have to work anymore. You can just eat off of the money tree. This is the simplest way to explain the inequality of wealth around the world. The poor spend money while the rich have money trees. Look, I know what you're thinking, you're thinking about "I've got bills to pay, I've got debt, I've got to spend that money to feed my kids or keep the lights on" . But here's the brutal truth. Almost everyone around the world has more money than they need to survive. If you're able to work, you can access capital. The reason why there's never enough money to plant trees is because you also want comfort, you crave it, you tell yourself you need it. The TV, the apple watch, the new phone, that poster you have in your room. In reality, you don't need any of these. They're just comfort. You're like a bird in a cage that's getting fed twice a day. You're comfortable but not free. The truth is, some of you have no desire to be free. You love the comfort so you stop complaining about the cage. And that's fine. If it works for you. The moment you start sacrificing comfort, you realise just how much capital there is in your life. And that's the key to your freedom. Now ask yourself, do you want freedom badly enough to sacrifice comfort?

7. Money is never yours.

It is just your turn to hold it. The entire world economy relies spending on money changing hands from one person to the next. Your entire financial life changes, once you realise money is constantly flowing, you want money? , move yourself in life with the flow of money in the marketplace. It's really that easy. All you have to do is take part in the marketplace of exchanges and once you have it, it's just a matter of time until you give it to someone else in exchange for something you yourself value more than money.

Look around and teach yourself to see the flow of money. Ask yourself who's got my money? Who's got money willing to pass down? And what are they looking for hand that dollars bill ? This is exactly how every single one of you will be rich.

8. You're not actually spending money you're spending your time encapsulated.

We hate spending money because we understand this incredibly valuable lesson. You know how they say "Time is money" , this will blow your mind. But it's actually the other way around. "Money is time". What is the cost for you to get money? What are you trading it for? Yes, But at the end of it all, it's your time that you're selling what you know how to do in that time, it's just a multiplier put on the value of your time, let's say you earn $100 per hour, that's barely above $200,000 per year, assuming you work 40 hours a week non stop. When you go to buy a $40,000 car you're not paying with money you're paying with time 400 hours of your life to be precise. The groceries you just purchased cost you two hours worth of work plus the 40 minutes you spent in the store browsing the aisle, time which you were unable to monetize. If you want to take control of your financial life, you need to start thinking about spending in terms of time, not money. How much time do I have to work in order to afford this that's where the true value of your spending gets revealed to you.

9. With debt, you're not borrowing money, you're buying it at a higher price than it's worth.

Stop thinking about debt the way you currently do. You're not borrowing money, you're renting money. Borrowing implies you return the item back to me after you've used it. For example, I lend you my iPad, you read the story then you gave it back. It's the same iPad. You just used it for awhile. With money, It's not like that, it's like, you're paying me to use my iPad before returning it back. And if you don't give it back, I can take the iPad by making you sell your house for the difference! You need to stop buying overpriced money. Here's how we want you to think about this. Every time you borrow money you're robbing time and effort from your future and self future you is getting screwed by the present to you and it won't be long until you become future you, so stop screwing yourself with debt.

10. Money is a fungible token.

For those unfamiliar with crypto it means that money is replaceable with similar money in the same value. A $100 bill is worth the same as every other $100 bill this property is called fungibility, fun word right?. Many things are fungible and most of them are valuable but there is an entire different world once you get rich where you enter the non fungible token world. Take the Mona Lisa, for example, the original Mona Lisa is worth substantially more than every other Mona Lisa in existence(other paintings of mona liza that worth little less than real mona liza painting). All the value lies with the original. If you want to become super wealthy in life you need to become non fungible or own things that are non fungible and have value. If this point got your mind twisted, maybe it's easier to start with the basics of blockchain and Bitcoin.

11. Your Money is your army, you send it out there and bring back prisoners.

Your Money is made out of $1 soldiers, you want them out there aggressively conquering land as market share and bringing back prisoners as your army grows, you want your money to be smart and not allow itself to be captured by the enemy, the more money you can deploy, the higher your chance of winning the war. If you don't have enough money to begin with, consider guerrilla tactics to get the upper hand, we feel like this point probably only makes sense for some of you. And those are the ones who are going to make it.

12. You choose this life, you might as well make money out of it.

You choose to do this, there wasn't anything else to do. So you might as well cash in otherwise, what's the point? Right? If you know, this has been at the core of discipline when talking about money. We think in terms of choices. We choose this life, we choose to keep doing this, we want to get good at this. In order to compete with the all time great competitors, we need to make money not only to sustain ourselves, but to reinvest and grow to buy new tools to hire more people to train them to do things that nobody else has done before. If this is your purpose, if this is what, you want to do for the rest of your life, make sure you give it your all! How are you supposed to quit after such a short period of time? How are you supposed to quit when you haven't made the money you really wanted to make you got to refocus!

13. The problem with money is it doesn't hold its value in time unless invested.

This article is meant to change the way you think about money and none of them is as true as the fact that money has been losing its power every day for the past 50 years. Here's a graph to prove it.

With the same amount of effort and time you can buy 25 times less stuff you could have 100 years ago, the US dollar has depreciated 25 times and most countries use the US dollar as their reserve currency. If you live outside of the US your national currency probably depreciates even more. That's why the rich don't keep money in the bank or under the mattress because every day the money you hold loses value. Rich people look at cash the way everyone looks at ice cubes in a warm room. Don't hold the cash in your hand for too long because you might see it melt away.

14. Not all money is the same.

Most people have a maximalist approach when it comes to money. And here's what that means. People in Europe think in euro. People in the US think in dollars people in Russia think in rupee. They're accustomed to unit directional thinking, the moment you zoom out the world changes and the difference in value of money is revealed to you. Life becomes amazing when you earn in US dollars, but spend an Indonesian rupees or the Costa Rican Cologne, there is an entire world out there a financial arbitrage that could dramatically change the quality of your life. $1 million in Los Angeles barely buys you an apartment. Well $1 million in Vietnam can buy a hotel and provide for you for the rest of your life. Go explore the world and you'll find richness beyond money.

15. Money exists only in our minds.

Yep, money isn't even real. Today, it's just a numbers on a screen it's unlimited as used as fuel for the world.

Money is much like religion, only exist in our minds and souls. The same with religion, the moment you get emotional about it, it'll control your life, the moment you take a step back and see it for what it is you could reap all the benefits with zero downsides. It's only when you believe money doesn't really matter that you escape the control of money. And that's also when you get rich.


And as for those of you who haven't had their mind blown just yet, we've got a bonus coming up that should do the trick. And that bonus is true property. You never had anything that was yours before. So you think you own yourself your house, your car, your stuff, even your money? Well, you're really don't. If you own your house, then what are property taxes, how can you own money when they're free to print more of it and rob you of your wealth in doing so. They burn the piece of paper saying you own the land is the land still yours? The world, especially the wealthy are really concerned with this idea of true property.

We've searched and searched and until the crypto revolution, we hadn't been able to find anything that was true property. The more we thought about every single aspect of our life, the more we realised how intertwined it was with the system. We love being in the system, there are more benefits than we can count. But this idea of true property outside of it all is incredibly interesting to us. For those of you who are still young and young at heart, we believe blockchain is the first time in history where true property is possible, where you can own something and nobody else can take it away from you in anyway. 20 years from now, we believe most of the property contracts will be a mix between system based and blockchain based agreements. In our immediate lifetime, our entire understanding of property and money will change much like the way we pay our taxes to the states we belong to, will change. And the majority of people have no idea what's coming. You're one of the very few that will benefit from being aware of it so early, we believe everything we now possess will become an NFT. The documents that show you own a house will be embedded on the blockchain, your car will be a non fungible token. This will open up international trade for high value items, you'll be able to buy property on the other side of the world the same way you order stuff from Alibaba, you'll be able to rent it out and receive payments without ever walking into it, everyone will have access to everything as it should be. For the first time in history, the world will connect in a single marketplace and you're going to have a front row seat, the future will be a million times bigger than Amazon and the rest of the companies combined. It's happening. We're seeing the future being built right now.

And if you're ready to cash in during this next stage of humanity, please write the word next in the comment section and make sure to like this article.

Thank you so much!

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Written by   384
1 year ago
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Comments

Money is a dignity of a man in this world. But now a days wealthy people are using money in black way. They don't help the poors and needy. Money has both advantages and disadvantages. Without money life has become impossible in these days. Money has also made the young generation very lasy. They do their every work by money. Everyone is in struggle to earn more and more.

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1 year ago

Whatever happens, don't give up. If you are born poor it's not your mistake but if you die poor it's your mistake.

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1 year ago