PROBLEMS OF MONEY:-
Hello friends, so where to start from 😅. Every new day we came across some people who says that there is financial problem in our home or there is no money with me or something like that. (Actually i was also like that). Okay, so the real problem is not that we havent got plenty of money, the problem is how we utilise that money ,the money which we got! The problem is that people got much money but when it comes to utilise it, they dont bother how to use it and they fails to make much from that money. Firstly they want to get such things that are very costly ,which makes them look like they are rich. Like they want to buy branded clothes, they want to buy luxurious cars,bikes etc. These all things are liabilties which suck most of your money and in the end all you got is regret. For example, if you buy a luxurious car (from your regular income source), that car first of all will be costlier than the normal car than its maintenance cost is also more than the normal car and if by bad luck you met with an accident than its repair cost is also much more than the regular car. The point here is that luxurious car is just a liability which will suck up your income exponentially. I am not saying that you dont buy luxurious things, but I am saying that dont buy such things from your regular income (income from your prime source).
If you got a job than first work you need to do is create assets (the thing which make money for you , will give detail later in my next blogs). Thsese assets will make money for you than by the money generated by these assets will help you to make more assets or you may also use that in buying some luxurious cars. Remember the rich people use average 3-4 cars in their life span. And a poor person (middle class) minds to change car in every 5 years or so.
If you guys want to not face any money problem try to work on your assets and not on the liabilities. Create as much assets as you can and let them work for you.
Hello friends, so where to start from 😅. Every new day we came across some people who says that there is financial problem in our home or there is no money with me or something like that. (Actually i was also like that). Okay, so the real problem is not that we havent got plenty of money, the problem is how we utilise that money ,the money which we got! The problem is that people got much money but when it comes to utilise it, they dont bother how to use it and they fails to make much from that money. Firstly they want to get such things that are very costly ,which makes them look like they are rich. Like they want to buy branded clothes, they want to buy luxurious cars,bikes etc. These all things are liabilties which suck most of your money and in the end all you got is regret. For example, if you buy a luxurious car (from your regular income source), that car first of all will be costlier than the normal car than its maintenance cost is also more than the normal car and if by bad luck you met with an accident than its repair cost is also much more than the regular car. The point here is that luxurious car is just a liability which will suck up your income exponentially. I am not saying that you dont buy luxurious things, but I am saying that dont buy such things from your regular income (income from your prime source).
If you got a job than first work you need to do is create assets (the thing which make money for you , will give detail later in my next blogs). Thsese assets will make money for you than by the money generated by these assets will help you to make more assets or you may also use that in buying some luxurious cars. Remember the rich people use average 3-4 cars in their life span. And a poor person (middle class) minds to change car in every 5 years or so.
If you guys want to not face any money problem try to work on your assets and not on the liabilities. Create as much assets as you can and let them work for you.
