x

Practical tips on how to change your perspective about money

The rich and the poor definitely have different perspectives about money.

Robert M. Gouge says the rich’s mindset of wealth is a by-product of the amount of money they have. That explains why you have to change the way you think about money if you want financial freedom.

Here are practical tips for changing the way you think about money:

1. Think of money as a tool not as a result

 3 practical tips for changing the way you think about money

According to Robert M. Gouge, many people view money as a result. That is, something they gain from going to work or lose when they spend on bills and other expenses.

Rather than viewing it as a result, money should be seen as a tool people have to acquire in exchange for their time and energy.

The rich thinks and sees money as a tool they acquire to make more money. They use it for investment and consequently grow their wealth.

2. Focus on prosperity not debt

 3 practical tips for changing the way you think about moneyFocus on prosperity not debt when you think about money

A lot of people tend to focus more on spending their money to pay bills and paying off their debt.

While it is a good idea to pay your bills on time and pay off your debt, you shouldn’t let it distract you from making money and creating wealth to meet your financial goals. Over-concentration on your debt will help you make decisions that will aid your financial freedom.

3. Don’t put money on an emotional pedestal

 3 reasons you feel guilty after spending your own moneyPreventing yourself from overspending is one way to to stop worrying about your finances

Some people’s mood is determined by money. They are never happy when they don’t have much money in their bank account.

They allow money to dictate their happiness, appearance and state of mind.

No matter the level of your financial stand, don’t let money determine your emotional state or your self-worth.

Advising people not to get emotional about money is honestly easier said than done, yet it is a solid advice that has to be taken to encourage people to keep a positive mindset when they are broke.

 

Hot this week

Benue, Enugu Police Commands Strengthen Collaboration to Curb Interstate Crimes

By Isaac Kertyo, MakurdiThe Commissioners of Police in Benue...

Both Real Madrid and Barcelona are looking to reset...

Ruben Amorim Lists Four Reasons Casemiro Is ‘So Important’ to Manchester United

Manchester United’s resurgence under manager Ruben Amorim continued on...

NIPR Institutes Annual PRICE Awards, Fixes 7th December for the Ceremony

PRESS RELEASEThe Nigerian Institute of Public Relations (NIPR)...

Senator Nora Daduut Congratulates Dr. Bernard Doro on Ministerial Nomination and Senate Confirmation

By Israel Adamu, JosFormer Senator representing Plateau South Senatorial...

Manchester United’s resurgence under Ruben Amorim continues, with the...

Both Real Madrid and Barcelona are looking to reset...

Real Madrid, Super League Backers Demand $4 Billion Compensation from UEFA

Real Madrid and the organisers of the European Super...

NWFL Confirms November 26 Kickoff for 2025/2026 Season

The Nigeria Women’s Football League (NWFL) has officially announced...

Match fixtures

Friday 31 October 2025 Bundesliga20:30 CET AugsburgvDortmundLa Liga21:00 CET GetafevGironaFA...

Related Articles

Popular Categories

spot_imgspot_img