If we feel cheated/less than or otherwise unsatisfactorily when we see, hear or think about people who have more money than we do, all we’re doing is bringing ourselves more money problems.
That’s why I’m sharing this link with you today – it contains 8 secrets shared with the author by wealthy families on how to handle money.
I think we could all use these tips.
Take a look at the full article in the link below, and be sure to come back and tell me what you think about all of this.
We all love living vicariously through the lives of the rich and famous, don’t we? The huge houses, the bling, the far-flung vacations, the champagne flowing from pure gold kitchen faucets.
But that’s not the reality for most wealthy families. For every loaded celebrity who spends money extravagantly until it’s all gone, there are dozens of rich people quietly building their personal fortunes.
You’d never know how much money they have because they live so simply.
True, most wealthy people are born into affluence and are taught how to keep their assets growing. But what about the ordinary folks who build their prosperity themselves? What are their secrets? Lucky for you, we got to the bottom of it and boiled it down to 8 money secrets of wealthy families we should all steal — starting now!
One of my main goals in life is to be financially free. Everything I do now in my personal and professional life is geared towards achieving the financial freedom I desire. And I know it is on the horizon.
I am excited about what is to come, about what I know I can easily achieve once I leave financial challenges behind. I anticipate being able to provide all the niceties that my loved ones deserve.
I acknowledge that my past chronicles unwise choices and a lack of the discipline needed to maintain financial wellness. But I also recognize that the time has come to put aside such behaviors and focus on a financially healthy future.
In my workplace, I focus on achieving the targets set for the company. I actively play my part in making the business successful so I can, in turn, reap financial success. I look forward to the rewards in store for me.
In my personal life, I eliminate unnecessary and wasteful expenditures so I can put that money away in savings. I now truly understand the impact of being financially responsible. I know that I am in charge of my financial future.
Today, I bring my financial freedom into being. The pride I feel as I make wise choices in managing my money keeps me focused on my goal.
1. Do I have the discipline to deny myself one of my favorite, expensive treats?
2. In what ways can I work at building financial freedom?
3. Can I maintain financial freedom after I achieve it?
“To give and not expect anything in return; to give for no special time or season; to give, not for any particular recognition; to give, not for a substantial tax refund; to give for the sake of giving — often just between giver and receiver — has a life of its own — an elevated one.” ~Glaceta Honeyghan
They say there are no selfless acts, because when you do something nice for someone else, you get (at the very least) a warm fuzzy feeling–but there’s a difference between benefiting from “good karma” and benefiting because you only help people with conditions attached.
Earlier this month, a woman I know told me that she couldn’t afford to buy school supplies for her kids. As a single mom who was unemployed, she just didn’t have the money. She had done everything she could to try to procure the things her kids needed for school–even called several charity groups in the area for help, but she got nowhere.
So, I did what anyone would do–I offered to buy her kids the things they needed to start school.
She was grateful, and that made me feel good. She insisted that she pay me back, but I kept telling her it wasn’t necessary. I knew she couldn’t afford to do it, and I didn’t offer to help because I expected anything in return.
I offered to help because I could afford to help, because I care about this person and her kids–and because I have been helped myself along the way. No strings attached.
She felt so strongly about giving back that she came over and helped me with some things around the house, which was appreciated but again, not necessary.
When Strings Are Attached
I have been lucky in my life to have supportive people around me, and when I’ve fallen in the past, they’ve helped me get back on my feet. I’ve always felt grateful for those people and the help they offered me in my times of need.
But in some cases, there were strings attached–like, if I help you, you have to agree to do what I want. Whether the giver expects money, love, support or something else in return, these “strings” can cause a lot of stress and negative energy for both parties.
Dawn over at Frugal Life offers a perfect example of this–a friend of hers offered her a monetary gift, but when Dawn said she wanted to spend the money on a bill, her friend told her that she needed to spend it on something nice for herself instead.
“I was a little upset that she had changed the ‘rule’ on the ‘gift’ and now it came with a condition,” Dawn writes. “She might as well just keep the money and use it on herself. Well, that wasn’t a good response and things escalated into a war of words–me accusing her of being materialistic and having a spend, spend mentality; and she accusing me of being tight fisted and not having any fun.”
See what I mean? Bad energy for all involved.
Pay It ForwardInstead
As for me, I work hard to avoid attaching strings to any generosities I extend to my family or friends. It is human nature to expect something in return, of course, so I have to be very intentional about it. When people insist on “repaying my kindness,” I simply ask them to pay it forward–because for me, that’s the best gift they could offer.
As I said before, I have been helped along the way by many kind people, both personally and professionally–and that’s why I help people whenever I can–to pay it forward.
How to Give Without Attaching Strings
It’s simple: only give what you can afford to spare, and don’t expect anything in return from the recipient of your gift. You can, however, expect to feel great when you do this–which makes your energy and general vibration more positive. That, in itself, can bring more good things into your life.
When you give with strings attached, you’re only setting yourself up for failure. Even if you get what you expect from the person you help, it won’t be because that person really wants to give it to you–it will be because he or she feels obligated to do so. And that, my friends, doesn’t feel good to anyone.
So, next time you help someone, do it without expectations, without “strings” attached, even if your human nature urges you to do otherwise. You won’t regret it.
Have you been the giver or receiver of gifts with strings attached? Tell me in the comments!