The 3 Levels of Financial Evolution
Monday, August 30th, 2010What does wealth mean to you? Salary? Lifestyle? Money?
Most people are too busy with bill bills life, bills, life and some more bills. Our everyday existance has become a long slog at work to return home at night in order to pay our bills to keep us going.
Wealth is truely more than money- Money is the vehicle to allow us to do the things we like! Money in itself can make you rich. But here is a poser- when you earn more money, you tend to be able to spend it on more expensive things- but as these things cost you more you end up with the same thing- less money as your spending it. Therefore your path to true wealth should not rely purely on a job or salary- where you trade your time for money.
When you work for a company as an employee remember one key thing- They are paying you the bare minimum to keep you- they wont say oh that John Self he is a good guy lets pay him £50k more.
As I see it there are 3 main levels of financial evolution :
1) Pay Check Existence
This is where the majority of brits and the rest of the western world live. Main source of income= You bet, thier J.O.B.’s. Here you get paid for working the 9-5 (longer if your lucky
)You hope your money lasts the month/2 weeks/ week that your paid for untill you get that golden paycheck- Here, another one of my NLHWH GEMS- Buy relying on this you get so dependent on it it makes you believe that work is the only way to create income, if you lost your job how would you cope????? What happens when that golden paycheck doesnt arrive?? (more…)