Q. Whenever I buy something, even spending a couple of hundred dollars on one item, I can't help but notice everything around me, and feel the "gimmies" creeping on me, and my hand reaching to my wallet. Its something that I try avoiding but it happens to be a mutual feeling and I even see my friends and family dealing with that. I know that this sometimes can lead to debt, especially for those who have no real sense of self-control. Is there a logical reason for his, and is there any way to avoid this?
A. There is a very logical explanation. A long time ago we developed a sense of need that was essential for our survival. Whether it's hunting wild buffalo for food gathering or getting a new iPhone...the idea of accumulation has always been there.
Because it's ingrained in our DNA, the only thing you can do is to understand when it's acceptable to feel the "Gimmies" and when it isn't. In finding ways to avoid this I can give you a few tips. First you need to understand why the people around you may be living paycheck to paycheck. It's called, "the rat race".
When you make a purchase, they fall into two categories. Liabilities & Assets. Liabilities are things that take money away, and assets are things that bring in money. Because of the ease of getting credit cards, people feel entitled to luxuries that they may not be ready for or have worked for.
The typical path of middle class America is this. We get paid from our jobs, we pay bills, and buy liabilities (electronics, clothes, fancy cars) all that money goes in the outbox and you start all over again.
The path of the rich goes like this. We get paid from our ASSETS, the money pays bills AND we buy more assets (businesses, stocks, mutual funds). Then, with our asset money we buy toys. It's called "delayed satisfaction". Yes, it takes longer to get our assets built up, but once they are...the money is easy.
When I used to go shopping, I would just use the old credit card and be done with it. However, after realizing the debt it puts you in, the only thing you really walk away with is "buyers-remorse".
There is an overwhelming sense of calm I feel shopping now. I know that I'm getting out of the "rat race" because I only buy assets or things that make me money. I then use the money my assets bring me to buy fun things.
Bottom line. In order to be financially smart, you have to be financially educated. Our school systems and colleges don't teach financial education - unless your going to be an accountant. What they teach you is how to get a job, not how to start one yourself.
1. You'll never get rich working for someone else.
2. Owning a business is like riding a bike. If you've never had a bike, how would you know how to ride one? If you've never tried starting your own business, how will you ever know how to have one?
3. 100 years ago, everyone owned their own business.
4. Set goals. Follow through at all costs. It's usually that last stretch...just when you can't take it anymore, that's when good things happen.
Read (or listen to) the book Rich Dad, Poor Dad by Robert T Kiyosaki. It will change the way you look at money and make you feel very much at ease with its lessons.
Because it's ingrained in our DNA, the only thing you can do is to understand when it's acceptable to feel the "Gimmies" and when it isn't. In finding ways to avoid this I can give you a few tips. First you need to understand why the people around you may be living paycheck to paycheck. It's called, "the rat race".
When you make a purchase, they fall into two categories. Liabilities & Assets. Liabilities are things that take money away, and assets are things that bring in money. Because of the ease of getting credit cards, people feel entitled to luxuries that they may not be ready for or have worked for.
The typical path of middle class America is this. We get paid from our jobs, we pay bills, and buy liabilities (electronics, clothes, fancy cars) all that money goes in the outbox and you start all over again.
The path of the rich goes like this. We get paid from our ASSETS, the money pays bills AND we buy more assets (businesses, stocks, mutual funds). Then, with our asset money we buy toys. It's called "delayed satisfaction". Yes, it takes longer to get our assets built up, but once they are...the money is easy.
When I used to go shopping, I would just use the old credit card and be done with it. However, after realizing the debt it puts you in, the only thing you really walk away with is "buyers-remorse".
There is an overwhelming sense of calm I feel shopping now. I know that I'm getting out of the "rat race" because I only buy assets or things that make me money. I then use the money my assets bring me to buy fun things.
Bottom line. In order to be financially smart, you have to be financially educated. Our school systems and colleges don't teach financial education - unless your going to be an accountant. What they teach you is how to get a job, not how to start one yourself.
1. You'll never get rich working for someone else.
2. Owning a business is like riding a bike. If you've never had a bike, how would you know how to ride one? If you've never tried starting your own business, how will you ever know how to have one?
3. 100 years ago, everyone owned their own business.
4. Set goals. Follow through at all costs. It's usually that last stretch...just when you can't take it anymore, that's when good things happen.
Read (or listen to) the book Rich Dad, Poor Dad by Robert T Kiyosaki. It will change the way you look at money and make you feel very much at ease with its lessons.
Expect to get something on Christmas from someone wealthier than u?
Q. This Christmas was alright. Spent it with my girlfriend of almost one year of being together now. We've been through our ups and downs but I still stuck by her. Her family is wealthier than mine. Her dad works in construction and so does her older brother that is my age. They made $72,000 last year, each. I've always asked them if They can give me a job with them, becuz I've never been hired, or never really employed. They always come up with some lame story and I never get help. My parents don't even make that much money together, so I try getting hired but it's tough getting a job here. My parents make about $25,000 each a year. Doesn't compare to her dad and brother. I know it sounds greedy but I'm not. I get money by doing app things on this old iPod touch I have. I bought a $35 perfume for my GF, I bought her mom a Kim kardashian perfume also like $35. I bought my mom boots that are like $35 and my dad a sleeve shirt that was $30. Everyone knows I don't have a job and I try so damn hard to get one. I got a shirt and pants from my parents that I love. My gf gave me a small curve colone, scented Shampoo and black socks. But the fucke up thing is that her mom and her bought it just one day before Christmas. My gf got an iPhone 4, dress, iPhone case, and other things. While they were buying gifts since December 1st, they got me a last minute gift. At least they got me something, I guess. Her brother who I have talked to since I was with my gf, didn't give me anything. I was waiting for a $1-$5 gift at least but no, he got everyone else even people who he barely met before, a gift. Guy has lots of money but wouldn't get me anything. I got $20 from my dad on Christmas, I was going to buy her brother and dad a present but the stores were closed. I'm glad I didn't. So her grandma today got me a $7 gift, it's a wallet and a pocket tool. I only met her just 2 times and she remembered about me. I truly have respect for her. At least she got me something
Can any 1 relate?
Can any 1 relate?
A. Yeah, I have some well off friends, their parents make alot of money, but I didn't get anything from any friend I have. And I know most of their families quite well, they love me coming over, but still nothing. Only got two presents, kinect for the family and something my brother is getting me on friday. I don't really care though that they didn't get me anything even though I got some of them gifts. Just be happy! ^_^
How can I stop my iPhone 4 from resending old texts?
Q. It keeps resending text messages that I've already sent and it doesn't even show that it was resent. A couple friends just say that they keep receiving old text messages from me. Please help. Thanks
A. Try turing it off and on but heres another solution. Download the app " juno wallet" and make a account. Be sure that you confirm your account if they send you a confirmation email. When it asks you to type in a code type in "LM184032" and it will give you 25 cents towards itunes gift cards.Every time you invite people to Juno wallet you get 50 cents.download 3 of the apps in the tab that says "downloads" and open each one up for 30 seconds.If you do that you will get the credited money by downloading those apps. That means that if u do all the FREE downloads and watch the videos, you just need to invite 10 people to get a $10 dollar giftcard. download 3 of the apps in the tab that says "downloads" and open each one up for 30 seconds. This will give you even more money to buy Gift cards. I got $15.00 in 3 DAYS! Remember to say thanks:)
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