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Do you know that it isn't just about making money but also having what it takes to keep the money coming? It is during this stage that many who have gone broke got it all wrong because the necessary disciplinary actions that go into making money and keeping it aren't there, so the way the money came, it went back the same way too.
I once came across an article back in the day, and one of my takeaways was that making money is all about mindset. So the poor we see today aren't just necessarily disadvantaged that much one way or another, because there are many that are disadvantaged when it comes to having the necessary human fit that makes one go out there to have money, but they turned their disadvantage into an advantage and then printed money from it. This backed the claim and bold statement that making money comes from the mindset.
It is necessary to understand that many people that we have come across one way or another who are broke aren't broke because they don't see or make money every passing day, but because the necessary and right things to be inducted about the making money process and keeping the money aren't learned and practiced, so they serve as a channel through which money passes, but they can't keep it because they don't have the tools to keep it.
Why it is Necessary to Make Money Regardless
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Looking at the scenes and interfaces that the economy has provided to us, it is important that one keeps the money coming regardless. The shift in the price of things is good motivation to keep the money coming. For example, what a supermarket sold for $20 yesterday has every tendency to be worth $50 in the coming months. If that is the case, then what is the fate of survival when one finally reaches that month?
Also on the aspect of family members, imagine living in an extended family where the parents don't have enough to provide and you, being the eldest, have something in hand to make ends meet, and then looking at the number looking up to both the level and your extent of hustling and also for food, shelter, and other necessities. That alone is enough reason and motivation to keep the money coming.
Also, in the case of an emergency, it is necessary to keep the money coming because, as they said, tomorrow is a pregnant day, and one can never know what is planned ahead of the day, which might require a fortune to be spent, be it on the positive or negative aspect, so it is necessary that one keeps the money coming, and that on a daily basis if possible.
Some of the Disciplinary Actions
Being disciplined involves having to bend your rules, notwithstanding how difficult and painful it is but doing the right thing in the right way regardless
[a]
Be Directional in Spending
This is one of the disciplinary actions to be taken while making money. To a much greater extent, many have missed it at this point, and so they become a channel or conduit through which money flows rather than still being a tank that keeps and preserves. Not acknowledging the fact that not everything in the market is meant for you at any given time has made many rich today but broke the next day. It is important to be directional in your spending so that when you decide to spend on something already planned, you go and get them without having to spend outside of the decisions already taken before going out to get the deal done.
[b]
Stick to Your Budget
This disciplinary measure involves achieving one thing at a time, irrespective of the external pressures that might come to lure one out. Normally, budgets are set based on preferences. For example, in one's calculation of the expenses for the month, that of water (food) should be included before footwears. Having a Budget plan made before spending makes one confident in the circumference of the outlines listed in the budget, such that the primary should be done first before the secondary.
[c]
Looking Rich But Being Poor
This is a case study of what is seen in those who aren't disciplined when it comes to making and keeping money. The function of having to spend on things more outwardly such that when people from the outside see one, the thought of qualifying the person to be rich but rather being broke is an error that has cripped many, and the fact that those that are in this bondage don't know and they attribute their spending to having to look good. Looking good is different from being good. There is a whole lot of difference between spending and investing. Funny enough, the richest among us tend to appear more normal in terms of spending on wears than the poor; the poor always want to show off and impress so that they can be noticed, whereas the rich don't struggle to be noticed by their wears but rather their investments speak very loudly of them.
There are more things about this that you know more about than I do, and the main essence of this article is to remind us of what is ahead of us following the messy economy.