From a young age we are taught…
GOOD GRADE = GOOD UNIVERSITY = GOOD JOB = GOOD MONEY
Teenagers are believing that this is the only route to lead a success.
It’s a cycle, churning throughout time – being handed down from generation to generation, merely reciting what they heard from parents and teachers in the early stages of their lives.
Are you a slave to money?
So, who has taught their children…
“If you don’t study hard and get good grades, you’ll never get a job!”
Does this sound familiar? I’m not going to lie… it’s what I was taught!
How about… “Acting like a child isn’t going to get you into a good university” We are constantly pushing our kids to strive for academic excellence so they have the best chance for success.
But, lets be honest, life can be tough and doesn’t necessarily treat you with kindness. Some people are fighting every day in order to make a living… to survive.
You see, there’s always been the division of classes: Upper, Middle, Working and Lower class
The above-mentioned terminology is globally used and seems normal to society – But in all honesty, it’s a very warped view.
Also, people are assigned into groups based on their financial circumstances and are labelled as lower, middle or upper. Naturally, the higher you are ranked the more successful you are perceived to be.
But here’s the kicker….
It doesn’t matter what class you belong to —
you always want more… What you have is NEVER enough.
Yes, even those who are ranked in the upper class! They believe that if only they could attain that little bit more money, they’d finally feel happy and fulfilled. Really? It’s never going to be enough.
Why?
It’s simple. Our infinite desire to upgrade and “level up” inflates our self-worth, makes us feel smart and gives the perception to others that we are successful. We also now have plenty of super wealthy start-up entrepreneurs who are college drop outs. But, they’ve backed themselves and done amazingly well for themselves.
If it wasn’t for this emotional reassurance, many of us wouldn’t be in debt in the first place – credit cards wouldn’t exist and retail companies would go under. A lot of us pay for houses, cars, clothes, furniture, electronics, and vacations that we can’t really afford because we are always striving to accumulate more and more. More than we currently have… More than what others have.
Ultimately, we are playing a big game with our finances.
The goal? To accumulate as much money as possible. And then? At some point in the future — it’s game over.
Richard Ashcroft is right in saying,
“We are slaves to money, and then we die.”
Wow that was very dramatic!
Ok, so let’s reel it in a bit… We don’t have to eliminate money from our lives. Money isn’t evil. Money is just… money. It’s a tool. It’s what we make of it and do with it that counts!
When handled correctly, it can be used as a powerful tool. We just have to be in control of it and understand our emotions towards it.
Be real with yourself. Ask “where do I see myself in five years from today?“
Would you like to spend less time doing the things you dislike and spend more time on the things that provide value to your life? And, if that is even possible, how the hell are you going to get there?
Firstly, take the initial step of regaining control over your spending. Stop being an easy target to retail marketing! Then, go that step further and speak with a qualified profession to go through the best solutions tailored to your circumstances. If you’d like, contact your Robina based financial adviser Amanda Cassar now. Wealth Planning Partners are Gold Coast based financial advisers, here to assist with your planning needs.
Warren Buffet sums it up beautifully with his famous quote:
February 14, 2024 
