“Getting Rich Is More Mental Than Tactical.”
It’s important to learn the basics of personal finance , but perhaps more important is how you think about money. A lot of personal finance experts have talked about this in one way or another, but I love the way Mr. Money Usat puts it best: “getting rich is more mental than tactical.”
We’ve given you tons of tips and tricks for saving, making money and managing your money. While these tips certainly serve useful practical purposes, your way of thinking matters more to your finances. This is how MMM explains it:
… that there really is a pattern in which people go from a desperate consumer to a seasoned retirement. This pattern can be summarized as follows: “Getting rich is more mental than tactical.”
When people first start reading about how we all get rich here, their first questions are:
- “How can I live on 50% of my income? Or 25%? “
- “How can I cut costs? What are your top three tips? “
- Why is your electricity bill a third of mine and your grocery bill half?
- “How will you pay for your health care? Your son’s education? Valuable travel? “
These are all good questions. But you will notice that they are tactical in nature. People need tips and recipes to save money.
Solid advice is a valuable resource, but it works much better when combined with changes in your mind …
This does not mean that you should throw tactical items out the window. Practical advice will still come in handy! But if you really want to feel responsible for your money, you might consider focusing on the mental part instead. And this means, for example:
- Accepting resourcefulness
- Taking action and finding ways to control the situation
- Program your mind to stop buying shit you don’t need
If you are interested in changing your financial situation, you will definitely want to read this post in its entirety.
It’s comfortable? Will I like it? Wrong question. | Mister money mustache