'Either you pay now, or we burn this house with your children in it!' I peeked behind the half-open door and started to cry a little. I was eight years old, had no idea what was going on, but I understood the word 'burn with your children in it' completely. In the living room, the glass table broke after being smashed by one of the big guys. My mother, sitting alone on the chair, cried and talking at the same time. I couldn't understand all of it, except please, next week, and have mercy. When the men finally left, I ran to my mother. She grabbed my shoulder and, while still sobbing, told me never to borrow money from loan sharks. That was my first and last encounter with debt collectors.
Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this. – Dave Ramsey.
Over the years, my parents learned the lesson. They never lend money from loan sharks again. This one positive impact, however, sadly wasn’t followed with other smart money-related practices. They worked hard, get their salary, paid the bills, and spent the money on whatever they wanted. Watching how my parents dealt with money had shaped my view on wealth, which resulted in bad money habits. However, it also eventually help me improve better money mindsets as I grew up.
THE LURE OF ADULTHOOD
WHERE DO YOU SEE YOURSELF IN TEN YEARS?
I was not too fond of that common job interview question. But as my lousy money habits were getting out of control, I forced my self to think long term.How did I see myself in ten years? I scrabble some thoughts on paper, and I read that out loud. Suddenly something became very clear.
With my reckless lifestyle and wrong money mindsets, I would never be going to get where I want to be. Realizing that very fact, I then decided to experiment with my self and be in a quest to change my money mindsets.
TEN PROVEN WAYS TO ACHIEVE BETTER MONEY MINDSETS
CHANGE THE WAY YOU SEE YOURSELF
‘You are a modest, responsible adult. You are going to get on top of your finances because you are smart, and you deserve to be debt-free.’
CULTIVATE MONEY AWARENESS
FORGIVE YOUR MISTAKES
COMMIT TO SIMPLE CHANGES
INVEST IN KNOWLEDGE
PRACTICE ABUNDANCE MENTALITY
CURATE YOUR LIFE
LOVE THE PROCESS OF GROWTH