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If you are on social media or any kind of media, you probably have heard that, find your purpose, find your 'Dharma', Live your passion, and you will never work a day in your life. Look at movies like Eat pray love.
So many people, I personally know in my life, have been on that eat-pray- love, kind of a journey to self discovery. But, is such a journey always necessary when you want to find your purpose or your 'Dharma'?
Before we delve into the necessity of finding your Purpose, let's really think about what is purpose. And then let's also talk a bit about Dharma.
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I have heard the rhetoric that schools should teach more personal finance. I'm still making up my mind about where I stand on that argument, primarily because I think financial literacy is one thing, but the mindset around personal finance is a whole different thing and almost the necessary condition for us to be financially savvy in our adulthood.
But that aside, here are five things that schools don't teach us about money.
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On the other hand, there are some people and some families who come from war tone zones, who lose all their riches to the war and end up going from rags to riches within the next 10 years.
A lot of personal finance focuses on the math of the money. However, mindset actually plays as much, if not a bigger role in the creation and sustenance of money.
After studying the Rich for over the last 10 years, I have found these five key principles that you can steal from the rich to reprogram yourself to create more abundance in your life.
However, there are these four financial regrets that I have till date and you realize that it's not all about the money.
For more on money and careers, visit: https://www.theabundancepsyche.com/jobsearch/podcast
However, in my last 10 years of being very close to very rich people, and actually through my life, having access to a lot of privileged people, I have found that these couldn't be farther from the truth.
Here are nine personal finance lessons that I have learned by being around wealthy people that changed my life.
For more on money and careers, visit : https://www.theabundancepsyche.com/jobsearch/podcast
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Wow! I got through that with a straight face. Only two out of those are true. And I'll tell you which two at the end of this episode and why.
But before that, here are four personal finance hacks that I use to approach my finances in the most minimalistic way, which means that I don't end up spending a ton of my time looking at spreadsheets or comparison shopping. I spend time where it matters, and that to me is true financial minimalism.
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Of course, there are some advantages to buying your own home. For example, when you buy your own home, you are building equity, which means that there's a part of money that no one can take away from you. If house prices go up, your return on investment goes up. If house prices go down because you have equity in the home, your return on investment goes down, which is actually quite possible in the current climate.
So, let's talk about some of the benefits of actually owning a home and renting a home. And then let's run the numbers.
For more on money and careers, visit https://www.theabundancepsyche.com/jobsearch/podcast
So, I understand why the financial independence retired early movement, also known as the F.I.R.E. Movement is so lucrative for so many of us. So, I really wanted to dissect in this episode what is F.I.R.E.
For more on money and careers, visit: https://www.theabundancepsyche.com/jobsearch/podcast
But obviously we don't live in a perfect world, in a perfect society, so, let's talk about the five types of finfluencers that you are better off avoiding.
For more on money and careers, visit: https://www.theabundancepsyche.com/jobsearch/podcast
Six figure incomes might not be very common. However, there's a strong correlation of certain skills with six figure salaries. In fact, I've seen this with myself and within my student community. In this episode of the podcast, we are talking about the six things that are correlated with six figure incomes.
For more on money and careers, visit https://www.theabundancepsyche.com/jobsearch/podcast
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