Kabir Bhupeshraj's video: Money Is A Tool

When Is More Money Enough Money? Money is everywhere in society. That’s a fact, not a judgement. It helps us function daily. Whether you use it to pay your mortgage or to cover your commuting expenses, money is essential for most people. We also want those nice-to-have elements like travel and a social life, which requires more money. Understanding Your Commitments and Values Dream with me for a minute. Step outside your current financial circumstances and make a list of what you would do with $100,000,000 this week. The amount is arbitrary -- the point is to picture a specific, yet tough to fathom, amount. Now, make another list of what you would do with an additional $100,000,000 next week. How about the following week? The point of this exercise is to help us clear our minds of the material items and instant gratification experiences that clutter our thinking when we view the world with a finite money supply. Eventually, we will exhaust our list of what we want, which leaves us free to focus on the things that we are truly committed to in our lives. Once we have everything that we think we need, we begin to focus on what matters to us. We focus on those things that give us the utmost satisfaction and leave us feeling content. (Yes, we can actually feel this way). This is often a peaceful place and one where we can create a clear vision for how we can use our money as a tool to achieve the most important things in life. There Are Only Four Ways to Build Wealth Yep. Only four. Earn more money Spend less money Pay off debt Invest Every imaginable way you can think of to build wealth can be boiled down into one or more of these four areas. Let’s skim the surface of each. Make more money If you have one source of money, you are doing it wrong. You are doing it wrong because you are trusting that your employer will keep paying you. One day they won’t pay you anymore. Do your future self a favor and figure out another way to make money. There’s a famous quote that goes something like “The average millionaire has seven sources of income.” That is probably pretty true. Think about ways you can make more money. I’ll write a post on this later. If you MUST know now, shoot me a DM on Instagram and we can talk.