Essential Money Concept For Every Prosperous Woman

What is your family money story?  What is your financial habit?  It’s not funny if you’re always struggling with money. How much money can I earn?  How big is my bank account? Money is the cause of my anxiety. Why? If you’re broke, you lost your house, lose your family, lost your self-respect, and lost everything. You don’t want to get broke.  Why I always feel like I’m on the verge of bankruptcy? What can I do differently about money?

1. Earn the Money

When I worked in a corporate, I was underpaid. After I left my corporate life, I run my business without earning a decent profit. My friend told me the price of my product is too low. One day, my friend asked me what did I think about money? Or what is my concept about money? The wordings that pop-up in my mind are:

• Selfishness
• Greedy
• Difficult to get
• Dirty

OMG! I’d related money to the kind of negative things in my subconscious mind.  I have not much concept of money.  My parents rarely taught me financial education as if money is a scary evil thing.  In my subconscious mind, money may be a negative thing that I should escape.  My perspective about money is very different when I tell myself:
I can create the value to earn a lot of money.
I deserve to own a lot of money.
I promise XXXXX

2. Save the Money

No doubt about saving is a good financial habit.  You won’t be panic if you keep a certain amount of money as a safety net to secure the cash flow in case of emergency or unexpected job loss.  Are you earning money and saving it, and that’s it? If so, it seems like money is to become your goal.  We are easy to confuse our desire for the feeling of fullness with the feeling of enough.  The only satisfying state is full.  Full doesn’t last, and it’s always desirable.  Enough doesn’t feel like full that urge some people to keep chasing money to save it up for the feeling of fullness.  Saving money is good, enough is okay. Money is energy. Let it flows and moving.

3. Spend the Money

Whenever I tried to de-clutter my house, I was surprised why I had bought so many useless things I didn't need.  Is it because online shopping has never been easier from the one-click shopping universe?  Or maybe merely it is an easy way to release negative emotions. The advertisers, marketers, and the media make us believe that buying the expensive products is a way to uplift our status and taste.  Social media is further amplified the wonderful life from our peers make us feel like we are in the state of not enough.  How to avoid overspending?

• Record the time, money, and the stuff that you spend from shopping. 
• Restrict yourself to spend the time on the online shopping
• Replace the shopping habit by other activities such as doing exercise or reading a book

4. Grow the Money

No doubt we are pleasure seekers.  We get hooked on the pleasure comes from caffeine, tobacco, entertainment or premium stuff.  Pleasure is short-term, addictive and selfish. It works on dopamine.  When the debt is easier than ever to go into, why even consider sacrificing the pleasure for the long-haul benefits?  Does the long haul will take care itself? It doesn’t.  We have to define our context to prioritize our spending that can work for the money growth.  Do you spend the money on the stuff that can grow your assets or pay for the liability? An asset is something you can be owned to produce value matter to you in the long run. For instances, buy a house is building your asset, pay the monthly rental is a liability. Spend the money on studying a training course for mastering a useful skill is building your asset.  Buy expensive Hermes bag to believe that someone is watching you is a liability.  Made better money decision on the truly important things. 

5. Share the Money

Life meant to us is not about money.  Money is not the goal, and it is a tool to reach our goal.  The money will take care of itself as it is a side effect of our effort to reach our goal.  At this point, please don’t get me wrong to regard sharing money as merely donations.  Money is energy, and let it flow in the direction of creating value that could benefit to yourself and others.