Tuesday, May 30, 2006

Financial Mindset

From the Motley Fool Budgeting board:

Here's the thing: if you think more about this and hold it up to the light, you'll come to understand that behaving as if you were still poor could lead you closer to actually BEING poor. What would be wise to happen now is to literally try on the mental mindset of someone who did not grow up with a similar sense of deprivation. Someone like that has a gut sense of money as being sufficient, replenishable, worthy of planning its present and future purposes - and does NOT tend towards surges of excitement when spending it. To someone not bereft of money in the past, it is a neutral force in the present and a building block for the future



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