Mad Mad Money Feb 2017 | Page 9

Mad Mad

Money

3 . Financial freedom
Life ’ s ups and downs constantly taught me the real meaning of financial freedom . The common belief that having money in hand and spending on whatever we want to purchase or invest seemed to a delusion . I realized through experience that financial freedom , in reality , is the knowledge we have about money and how it really works .
4 . Not spending will not make you rich
Unlike the yester years where people were guided by the belief system that the lesser you spend the richer you get , rules of money were changing . I saw many
people becoming rich by spending money handsomely . I also noticed that they became rich by cutting down on areas where they needed to , at the right time . I realized that the new rule of the money game is not to lock it in the closet at home but to spend the same at the right time on the right thing .
5 . Let money do the work
The next rule I had to break was to stop working for money repeatedly day in and day out . I started thinking of ways to make my money work for me . When money started working for me through the prudent investments I made , I saw it growing right in front of my eyes .
6 . Avoid being under money ’ s control
Money had so much of experience in controlling people ’ s decisions that I had to teach it a new lesson . I decided how much I will spend , save , invest , insure with the money in hand . When I started taking control over the money I had , the financial freedom I experienced was unbelievable .
7 . Knowledge about money is highly important
Investing money is not just releasing a financial instrument towards an attractive plan . I understood that I cannot become rich just by investing money on something
unless I do it with prudence . Again , this prudence came from an in depth understanding about money and how it works .
8 . Stop running … start attracting
The first and last step towards accumulating wealth is to stop running behind money . Instead , by taking prudent decisions about Money , we can make the ‘ omnipotent power ’ to stick to us attracting the same constantly .
When I realized that the real meaning of money and financial freedom is knowledge about the same and how it works in the current scenario , it lead to the realization that you will not get rich by playing the old rules of money .
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