What Should I Do with My Money?

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This is one of those posts, which are not meant to be taken casually. You are going to have a deep ride here. If you are thinking deep about your life, then this is the post you should be reading.

Why this post is meant to be deep? Because all of us who are capable of writing this type of post and reading it are alive despite the pandemic over us. Not all of us survived but some of us did and continued.

Consider that you have saved money and you are not sure what to do with it. You are not even aware what money can do for you. But now that pandemic has shown us that life is short, we have to find the right medium for money to be spent.

Here's my view on how the money should be earned and spent these days. If you share the similar view like mine then make sure to let me know in the comment below.

Let's Talk About Investment

Before we can talk about spending. let's talk about what to do with money. Make sure to invest your money the right way. You have to invest it into the places where you can recurring earn some money.

Say like mutual funds, stocks and the places where your money multiplies. So the investment needs to pay off. So avoid speculative money investments like investing into wanna-be startups unless you are rich person who can waste money.

Something like talking about money in asset approach like 1 part to be invested into the bank, 1 into the stock market, 1 into the mutual funds and 1 into the crypto. That is how the crypto would help in times when you least expect it to work for you.

Whatever you do make sure that you have one part reserved for the investment and earning you till you die. That is what you should be thinking about when it comes to the investment. I learned this lesson the hard way. So you can learn from it too.

Giving Back to the World

Some of us would live life in a misery and some of us would be having it all. So nobody is going to have a perfect life. But then you would find that giving back to the world is something we all have to do at some point.

You can divide this part into small items of checklist that could get the most out of the time you have on the planet. Make sure to spend some time in the old age homes helping. You can also do the same with the animal shelter or rescue places.

You should do this things in a small set every month or so as long as you can. This way you would give back to the world. And also you would be able to set your own life in a meaning that you want from the society.

This part I'd say you should do it in a way that it won't end up hurting your money, personal space and mental space either. So find out how you can work better in that context.

Spending it on Right Things

Some people get married. Some stay single. Some spend it on pets, some spent it on kids. So there are always going to be things that you would do with your money. Find out what is right for you.

Getting my first TV was my first priority and also getting the laptop from apple is another one of my right thing. Later I want to buy my own land and also going to stabilize myself financially.

This all would take some efforts and also going to be making things easier for myself in terms of the stability and pushing the finance in the right direction. So it would give you a good meaning.

What is the right thing for you? Save your money and spend it on that thing. It may not mean much as of now but in long term that would give you a meaning.

Hustle towards Something

Money can't be center of everything. You have to hustle towards something. You have to move towards something that gives meaning.

So make sure to put your last money on your hustle. No matter what you do and how you get old, the last money has to be on hustle if not for the medicine you take.

That's just my opinion and something people should do to have meaning in life.

What do you think?

You own the money. You own the time on this planet. And you have to consider how you have lived so far in order to spend the time further. This article was my attempt to find the meaning in life myself.

How about you? How do you spend your money?

I'd appreciate your comments :)

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Comments

Different people have different thought about how to use money currently my point of view is we need to buy some property so that we can use it in our difficult time

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1 year ago

I really liked your article! We are currently saving to be able to own our own property, should save us a lot in the end compared to renting!

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2 years ago

Its a good article This article give the way use too many ❤️❤️❤️ Lesson Abel article 🥰🥰

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2 years ago