• About
  • Advertise
  • Careers
  • Contact
Thursday, January 26, 2023
No Result
View All Result
  • Login
  • Register
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
  • News
  • Nation Builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • LORD HANUMAN : CHAR DHAM PROJECT
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
    • Teen Murti Bhavan campus New Delhi
  • Zoom-In
  • Perspective
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi
No Result
View All Result
No Result
View All Result
Home Blitz India Media

Money matters: Attitudes and influences

Blitzindiamedia by Blitzindiamedia
June 22, 2022
in Blitz India Media, Business, economy, National, News
0
Money matters: Attitudes and influences
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

We can alter our lives by altering our attitudes. The mind is a dutiful servant and will follow the instructions we give it. Mind and money share a close relationship. I can say that from personal experience. Whenever I’d make enough money, I’d go on to invest, pay off my debt and do whatever. It’d vanish. Thus, a realisation dawned on me that no matter how much money I made, it was never enough! I had to change my attitude towards money.

What does money mean to you? It’s helpful to understand that. I am sharing below a classification of people based upon their monetary attitudes. If these are taken to an extreme, these can sabotage a person’s wellbeing.

Related posts

Mumbai to get longest sea bridge in November

Mumbai to get longest sea bridge in November

January 20, 2023
Taiwan to help India in making semiconductors

Taiwan to help India in making semiconductors

January 20, 2023

Spenders: You only live once philosophy. No kidding! Dead giveaways – new clothes, latest accessories, credit card vacations etc. Spenders live in the present, are forward thinking, fun to be around and often the envy of their friends. They like money for the things it can buy. Danger zone – can get into trouble when they spend everything they have, and more.

Builders: Money is a tool. They use it or sometimes even risk it to turn their plans and dreams into reality. Danger zone – because they are so intent on building, they miscalculate the risk involved or fail to leave a margin for error like the entrepreneur, who keeps expanding the business without creating a cushion in case of a failure.

Givers: Charities, relatives and friends love them! They feel wonderful taking care of others, denying themselves of things and sometimes even necessities so that they can leave something for the children or buy gifts for others that they would never buy for themselves. The danger lies in ignoring their own needs. By doing things at the expense of their financial independence, they risk ending up being a burden on their children in the long run.

Money Avoiders: You need to challenge your belief that money management is tedious and boring, or that you just cannot understand it. Start to educate yourself about money to build up confidence in your own ability and judgment.

We’re all influenced by money messages from childhood. Think about your attitudes towards budgeting, spending, planning, goals, saving and review your chilhood to see how you were influenced by events or attitudes of those you looked up to

Money Procrastinators: They think that they don’t have enough time to learn about money, or that it will be too complicated and unpleasant. They must regain their money power by concentrating on getting past such illusions. Money Dependents: They avoid money matters. They should seek assistance instead. However, they could surrender their financial well-being to others (partner, friend, financial advisor) without knowing enough to ensure they are in good hands. They should sharpen their financial knowledge to be more confident about their own expertise and judgment.

We’re all influenced by money messages from childhood. Think about your attitude towards budgeting, spending, planning, goals and savings. Revisit your childhood to see how you were influenced by events or attitudes of those you looked up to.

Some habits of ineffectiveness are rooted in your social conditioning towards quick fix and short-term thinking. However: It’s never too late to start financial planning.

The quick, easy, free and fun approach won’t work on your retirement fund, college education for your children or your family’s welfare and security. A little is better than nothing; saving money is a good habit.

If you don’t save anything from your current income, you won’t be able to save anything from your future income either.

Pay yourself first, take at least 10% off the top to save and invest. Clearing up debt is a short-term pain for a long-term gain.

The interest you pay is money that you cannot spend on yourself.

Let compound interest work for you and not against you.

If you do not want something in the first place, it is not a deal, no matter how cheap it is.

By taking care of yourself, you are helping others.

To overcome the pull of ‘Habittudes’, the powerful restraining forces of culture, custom and habit, count the costs, then rally the forces necessary to bring about the desired change.

Previous Post

Embrace Change and Technology

Next Post

Hinduja’s healthcare mantra- quality and compassion

Next Post
Hinduja’s healthcare mantra- quality and compassion

Hinduja’s healthcare mantra- quality and compassion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Three-km stretch from the colonial past to New India

Three-km stretch from the colonial past to New India

4 months ago
India launches Y20 logo and website

Youth exhorted to be the agents of change

2 weeks ago
Modi: World awaits golden period in India

Modi: World awaits golden period in India

7 months ago
Social welfare schemes proved game-changer

Patricia Scotland thwarts ouster bid

7 months ago

BROWSE BY CATEGORIES

  • A Tribute
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • Blitz India Media
  • BlitzNEWS
  • books
  • Business
  • caring economy
  • Culture
  • ECO-FOCUS
  • economy
  • ECONOMY/SPORTS
  • Entertainment
  • FOCUS UK
  • G20 PODIUM
  • Gender equality
  • GLOBETROTTING
  • health
  • latest
  • Latest News
  • Lifestyle
  • MAHARASHTRA
  • MULTILATERAL
  • NATION BUILDER
  • National
  • News
  • Opinion
  • PERSPECTIVE
  • Politics
  • REALITY CHECK
  • Recent News
  • Rising india
  • special
  • Sports
  • states
  • Travel
  • world
  • world cup
  • ZOOM-IN

POPULAR NEWS

  • Scholar administrators  are witness to an era

    Scholar administrators are witness to an era

    0 shares
    Share 0 Tweet 0
  • A great polyglot and litterateur

    0 shares
    Share 0 Tweet 0
  • A path-breaking book on pauperisation of peasants

    0 shares
    Share 0 Tweet 0
  • A great man, a glory of India

    0 shares
    Share 0 Tweet 0
  • See it, Catch it, Beat It!

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers
  • Contact

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

No Result
View All Result
  • Home
  • News
  • Nation builder
  • Entertainment
  • Rising india
    • BAPS Shri Swaminarayan Mandir Nairobi
    • Akshardham Temple – Delhi
    • Chenab Railway Bridge
    • Development Wins, Yogi Government 2.0
    • KASHI CORRIDOR
    • Kedarnath
    • National War Memorial
    • NEASDEN TEMPLE, LONDON
    • PM Narendra Modi inspects antiquities returned to India by Australia
    • Statue of Equality
    • Statue of Unity
    • SWAMI NARAYAN MANDIR, PUNE
    • Swaminarayan Akshardham – Gandhinagar
    • Swaminarayan Mandir NJ, USA
  • Multilateral
  • Globetrotting
  • Donation
  • Caring Economy
  • Download
  • Contact
  • Hindi

© 2022 Blitzindiamedia -BlitzIndia Building A New Nation

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In