You might have seen people, who have fancy houses and cars but the actual reality of them is opposite, this is known as hollow riches and they think that they know the best ways to spend money to make money .
So in today’s blog let’s find why getting more money won’t help (best money making ideas or saving)
So now the question emerges that why people have hollow riches?
The answer is because of the way they buy an item. They buy items by taking loans and EMI’s. You know, what is the meaning of taking the loan is? It means you are not capable of buying that product! This thing causes the hollow riches. And practicing this method of buying a product will make your pocket loose and further, it can become your habit.
Simple concept to buy anything for free?
Rich people buy a thing that they like (liability) by generating equal assets (things that put money in your pocket). And technically by doing this they buy the product they like for free without losing even a single penny but some energy.
Why don’t people actually get rich
First one is shyness, it is more dangerous to be shy than doing a crime because in such case you blame yourself and think that everybody is commenting on you and as a result, you are unable to talk to anyone.
And hence you are not able to explain what you want to say which causes misunderstanding and sometimes people may find you the exact opposite of what you are in reality!
And the next major factor that prevents you from getting rich is an inability to take actions. what you do today will be deciding your future and one of, the richest person on the planet Warren Buffett said-
“Someone’s sitting in the shade today because someone planted a tree a long time ago”
Don’t be afraid to take actions most of the people are afraid because they think, what other people will think about them if they fail. Let me tell you, my friend, that you are not going to live for the society or for the people you are going to live for yourself. So don’t be afraid of taking actions because if you fail you will learn a lesson and if you win you will get fuel to take more actions and the cycle Will Go On!
Difference between need and want.
Buy only those things that you really need! And the toughest part is how to buy that thing? The answer is simple, wait for 10 days for the product you want to buy. And after 10 days if you still find there is a need to buy it, then go ahead! That is your need.
Hope you find this blog useful!
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