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- February 28, 2022
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5 tips to control your life and finance
- My Finance ….? : Out of control !!!
- My Life ….? : Sucks !!!
- My Future …? : No hope !!!
- My Bank Balance ..? : Imbalance !!!
Sounds familiar? Right. Hope you can correlate these conversations with some situation of your life. If yes, please read whole article to get few tips.
We hear these words from inside or from the crowd. We keep experiencing them brutally from the day one of our life. Is there any way we can get out of it? Why we are like that?
I think finance is main source of stress in many people’s life. So how can we control our finance. Let’s find out what Warren Buffett, the most successful entrepreneur, said about finance.
““Never depend on a single income. Make an investment to create a second source.””
…Warren Buffett
5 tips to control your finance
Based on my personal experience I have listed out few tips. I shared it with you with a hope that someone will also take leverage of my experiences and will not do the same mistake which I did.
1) Don’t underestimate the power of money.
The most of our problem is somewhat linked with lack or less money. Once you have enough money, you take the control of many aspects of your life. So, please work on creating create more than one source of income.
2) Persistent and Progressive Growth:
It is better to do the new mistake every time rather than repeating the same one. It is even much better if you learn from other people mistakes. It is very important to grow your mind every day by reading books, watch videos, learning new skills, asking question to successful people.
3) Switch your mindset from active mode to passive (auto) mode:
Learning and doing is more dangerous when you try to learn and do everything by yourself. Please your time and hands are limited. You can’t work more than 24 hr per day with your two hands. Once you earn something, put it in auto mode. Thats means you should start teaching your skill someone else to multiply efforts. You can do the same by building an automatic pipeline that can run for you with minimum or no supervision. The same concept applies when you supplement your active source income with passive source of income. So please use your active source of income (job salary, traditional business, contracts etc) and time to create multiple passive income. Please feel free to contact me if you have any question, I will be happy to clear your path.
4) Sucess attracts success.
We know that like attracts like. I think this is the most important, simple formula to get success quickly. So be a part of a successful leader group. Please be very cautious in selecting right leaders. Don’t be too naive or submissive to your mentors. It should be a win-win relationship. Before spending your money, time (and faith) with someone, please make sure your mentors or group of leaders are really helping you to achieve your goals.
5) Inside sickness is more dangerous than outside issues.
The way you treat your body, you should treat your soul the same way. We visit several gym and hospital to care of our body. Please give enough time to heal your mind, your soul by meditation or yoga or any other ways. I will encourage you to give proper time for your inside happiness. It should be proper balance of inside and outside health. So please cure yourself for inside and outside sickness both.
References
manish.saraf
DSC, PhD, MBA | AI Expert/Advisor | Entrepreneur | Business Coach | Mentor | Artificial intelligence, deep learning, NLP, Chatbot, Data Brick, K8, Azure | Owner of OGM World Wide, OGM-Lands, OGM-Finance
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