How to Effectively Manage Money?

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i) Save 10% of your income

Open a separate bank account called ‘ Grow money account‘. Every month credit 10% of your income in this account no matter what. This way you will find your money to be growing, which will lead to feeling secured and happy. After a substantial amount gets accumulated in this account, you can invest it in any of the investment channels available. Never spend this money.

ii) Have a piggy bank in your house and keep dropping coins and lose money.

iii) Convert your negative codes into positive codes

(I have explained about codes earlier)

Eg: If your inner voice says- “I can never make money”-transform it into a positive code-

“Money flows to me easily.”

“I always have an abundance”

iv) Keep working towards self-growth– if you keep growing, your money will grow too.

To grow in life, you must keep reading self-help books and other books from which you can learn something. There is a saying that” Never stop learning because life never stops teaching”. There is never an upper limit in terms of age for you to grow. When you grow in life, you attract better things in life: more money, more happiness, and more success.

v) We are infinite human beings and have limitless potential within us to create abundance, joy and peace. By saying – “I can only earn this much amount of money”, you are putting an upper limit on yourself and stopping more money from flowing into your life.

vi) Find a good group of friends to hang out with- Find a group of friends who have similar dreams of becoming millionaires like yours, and also people who are already millionaires. They must be people who will support and encourage you to have a positive attitude towards money and to love money. Observe and find out their viewpoints and their thought process about money. Hanging out with such people will give you more confidence and positivity about money and success.

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