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Do You Also Become Financially Stupid When You Have A Lot Of Money... ...and do not regain your financially senses until you have spent it all, or lost it, or even run into debt?

That used to describe my mentality to cash; I hope it does not describe yours presently.

I did not rest once I have cash until I had exhausted it- giving it out or just spending it.
I am not talking about what experts call having a spender personality, in which case you are more prone to spending than to saving, naturally more generous than frugal.
What I am talking about is being a spendthrift –spending purposelessly, simply because you having money on you or a credit card.

“That shirt will look good on me”.

This cold drink looks cool and in fact, I am thirsty.”

“I think I need a new phone again.”

“I don’t love my wife anymore, I will divorce her and marry a younger one.”

It is a bad habit that is learned over time and must therefore be unlearned. Many people realize that they have a bad habit and instead of taking the pain to unlearn it, they opt for deliverance and spiritual gymnastics neglecting the place of discipline. When you have to be disciplined, you just have to be disciplined -nothing more, nothing less. Do not seek quick fixes.

Let me share with you some tips on keeping money and not spending it all up:

That is it on how to be wise with your money. Many people are poor not because they don’t make money (no matter how little), but because they don’t keep the money they make. Don’t also be like that individual who knows how to make money, and always makes money (hence isn't poor), but who does not know how to keep money, so is always cash strapped and broke...as I used to be.

I wish you a safe and fulfilling trip to financial freedom. Labels: Budgeting, Financial discipline, Frugality, Get-rich-quick, Personal finance, Savings, Wealth mentality
