A recent conversation with an investor who was teaching me about Crypto... made me realise something profound about self motivation... He said Solve A Problem and you will have a motive and drive to do anything you want to achieve... And I agree with him on this point... In business we learn this very early on... "That we came to the market to bank on solutions we are providing within the market..." So why not use the same approach when it comes to saving and wealth building?
Start first with solving a problem... I actually used this practice in later years when I decided to close down some of my heavy debts where the interests where killing me... I decided to solve a problem called "debt" because it was a pain point to my life progress and drive.... I first thought about what life without owing others would actually feel like... and that is where I started to be inspired... I saw a life where I never had to ask and stress about not having enough savings and not being able to meet my monthly expenses and not scared to be out of work in case things don't go well with the job markets... I also thought of the profit I can actually start to make on the interests I can collect from the investments and from the bank and actually getting on the right side of the interest gaining rather than the interest payment game...
When it comes to interest you are either paying it or gaining it... And for a long time I have been wanting to exit what Robert Kiyosaki calls the Rat Race in his book titled "Rich Dad, Poor Dad" and enter the Fast Track of Financial well being... and I am glad go tell you today that I am winning the game slowly but surely... I have a Four Rule on Money and Interest policy and it reads as follows:
Number 1. Never be broke...
Rule Number 2. I shall not work for money ...but have money work for me..
Rule Number 3 Pay or get paid
Rule Number 4. Never forget rule number 1
