If you do not control your money, someone else is going to control your money. Financial education is, by far, the best financial investment anybody can have. It is relatively inexpensive. You can grab a book to read and learn. You can attend seminars. You can talk to people who have more insight in a certain money topic than you. Keep learning.
A big shift in your thinking can mean a big shift in your income. If you think about a group that you are passionate about, how could you having more money help them? How could more money help you to live bigger, and give bigger? Once I really thought about my previous mindset about money. I realized how much it was holding me back from helping others in a bigger way.
How is that ridiculous?? I’ve read that 70% of lottery winners are broke again within 5 years. Having lots of money did not make them wealthy, not even for a moment. If they were wealthy (in consciousness) they’d still be wealthy (in money). That’s why it’s ridiculous to think that having lots of money makes you wealthy.
This is a mental-health problem and there are many people who suffer from it. There are no more or less risky games. Everything depends on the person and his or her mental peculiarities. You may engage in sports betting, lottery, poker, slots, roulette and many other games. Moreover, while many people prefer gambling in a casino, the other are fond of online gambling and the number of players who have online gambling addiction continues to increase. The first reason is raise of Internet use in general.
On the other hand, “cold numbers” refer to numbers which are rarely drawn or have not been drawn for some time. Some people prefer to go for the “cold number” hoping that they will be drawn soon since they are lesser drawn. While this strategy is not a guaranteed way where you can predict what the next winning numbers will be, it does help in having a better guess on what are the “hot numbers” that might appear again in the next game.
This scripture simply means to guard your tongue and to be careful what you say. It’s very difficult to attract lots of money if you dislike those who have more than you. Instead of envying wealthy people, learn from them instead. The easiest way to have what affluent people have is to learn from them and model what they have done.
Fascination of gambling compels people to commit crimes to support their game. An impulsive gambler never leaves this addiction even when he is left with no money and instead takes on crime to finance his very basic need of gambling. Some people even turn towards domestic violence and torture their spouse on a daily basis.
Refrain from speaking negatively about the amount of money you now have in your life. This can be a tough one because many people declare being “broke” like they tell their age. Here’s the thing, you are never truly broke. While you may be financially challenged at the moment, you could always find a way to make the money you need for anything you deem important. Let that sink in a minute because you know I’m telling you the truth.
Set up a bank account once your child starts school. Some schools have a banking day where you can bring in money to be put into an account. If not, you and your child set up your own. When you’re next in the bank, talk about it. Why do we put money in the bank, why might we take it out? Talk about banking rewards such as them giving you money (interest) the more you save. Many banks have a counting machine you can use. My kids love to empty their money boxes into these machines, watch it count, then take it to the cashier to deposit while keeping a little for a treat. Many parents leave it up to the school to teach kids about money and banking. Sure, schools may teach currency and collect their banking money for the week, but do they teach them about good money decisions?