Friday, 12 June 2015

Money Mindset to Financial Independence

“ Congratulations to you”. 

Welcome to NEWBIE mentoring program.  

Our first task is to discuss and check  your  money skills, discuss the steps to achieve financial freedom , and the right money mindset.

Let us look at different definitions of money that inculcated into our minds since our childhood:

1.      Money is the root of all evils.
2.      Money can’t buy happiness.
3.      Money doesn’t  grow on trees.

The above definitions of money  are very familiar. These definitions will hinder you from increasing your wealth from limiting beliefs . 

Money is a key ingredient to your financial independence. You should have  right mindset and fight the way our heroes fought for our "Inang Bayan". Mabuhay the Newbies in the Philippine stock market.

Let us discuss one by one the definition above;

Definition #1, Money is the root of all evil.

According to 1 Timothy 6:10,  For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.

It is clear from the scriptures that “LOVE OF MONEY IS A ROOT OF ALL KINDS OF EVIL”, it’s not the money itself but the love of money which is the cause of evil. Money is neutral as it cannot kill you.  If the  person  handling  the money used it for evil purposes, it is evident that it is not the money but the person who is evil.  

Definition # 2, Money can’t buy happiness.

This is both true and false . Money can buy our basic needs such as food, clothing, shelter..etc. ..etc… Let’s face the truth that money can buy our needs and wants. We can go to an expensive restaurant if we have enough money to spend but if you are going to have dinner alone then you might not be happy. 

What about going to Caribbean holiday then it will cost a lot of money but this does not mean that you will be happy in the absence of your family. There is truth to the saying that money can buy you laughter but not happiness.

I believe money is an instrument to make us happy and live a better life. Money is a useful tool that we can use to make others happy by helping those people in financial need, donating to charities and foundations, supporting those victims of typhoon and earthquakes, feeding those street childrens etc..etc..

Definition # 3 , Money does n’t  grow on trees. 

A lot of times, we heard from our grandparents say,  “Akala mo basta na lang tumutubo ang pera sa puno at gastos ka ng gastos”. Does it  sounds familiar?

By studying the manufacturing process of printing money or paper money, it is noteworthy to know that it is a special blend of 75% cotton and 25% linen  combined all other materials, fibers, ink etc.  Literally without trees ,there will be no papers to print money .

This definition of money pushed us to believe that money is so hard to earn . This is what we call a scarcity mindset. We can widen our financial pocket  and believe that there are enough monies in this world and that everyone of us can have a fair share of the available  money in circulation.

If everyone learns that money can be easily earned, then there will be more than enough money  for everyone of us. The money that we have can be a useful tool to buy happiness,  to help others,  to fight  hunger and poverty etc. etc. 

There will be less crime and poverty if we change our money mindset. 

How about you? Do you have any other money definition? Do you have a story to share? 
Feel free to share.

Here is the you tube video of this lesson: 

Sincerely yours,

Jonathan I. Ruiz
Newbie Mentor

P.S. I will be holding a NEWBIE INTENSIVE TRADING COURSE NEXT LEVEL,if you want to achieve financial independence thru trading,  here is the link for the procedures:

Happy Financial Independence!!!

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