We know that its far more easy to spend money than to save. And
at the same time we also know that nobody ever gets wealthy through spending.
Wealth building is preceded by money preservation.
Money
is volatile and those who have a spending mindset find money disappearing from
them. On the other hand, those who have a money preservation mindset are like
electromagnetic attraction to money.
Can a money preservation mindset be developed by those who spend
on sight? Here are some techniques that one can use with patience.
1. Self disapproval on
expenditure
Catch yourself spending money foolishly and feel bad. For
example, leaving your coins on the change plate in a restaurant in the guise of
tipping isn’t clever.
Why would you want to pay other people’s employees more money
for work they are employed to do? If you are such generous and appreciative,
why don’t you tip your house girl each day you find she has handled your child
well? Or the watchman who guards you at night as you sleep?
Misplaced generosity smacks of an inferiority complex. You want
to be recognised as generous. But are you? What of tipping a parking boy
upfront to watch over your car?
How many times have you ever found the boy still guarding your
car by the time you are back? You paid for false feeling of security.
Skip the boy and take the coins to your daughter’s piggy bank
and teach her how to save. If single, open a piggybank for all coins of the
day.
2. Relate your words and thoughts
with negative outcome and they will pop up at the right time
For example, pick the word pig alongside eating. The magic is
that when you join your friends after work, planning to devour kilos of meat
and chicken while supper is waiting for you at home, it is likely the word pig
will pop up and you will remember there is no need to waste food.
It works in other areas, so it can work with money and spending.
Perhaps many people keep off promiscuity because the word HIV keeps popping at
the right moment.
3. Be happy when you are
described as unkind
Mean is synonymous with being careful with money. Ordinarily,
people don’t want to be considered mean. So, they end up giving or spending
money to please others. Therefore, when people say you are generous, be
worried.
4. Praise yourself whenever
you escape an expenditure 4 hot tips to accumulate wealth
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