https://biggsuccess.com/wp-content/uploads/2013/01/3-Attitudes-About-Money-That-Rob-You-of-Financial-Success-blog-post-image.png430448George Krueger & Mary-Lynn Fosterhttps://biggsuccess.com/wp-content/uploads/2015/07/BIGG-Success-Nurturing-Your-Inner-Entreprener.jpgGeorge Krueger & Mary-Lynn Foster2023-02-22 15:30:282023-02-22 15:31:563 Attitudes About Money That Rob You of Financial Success
We summarize a post written by Robert Kiyosaki, that shares shares 10 steps to get rich.
Click the player to listen to this episode of The BIGG Success Show Podcast, where you’ll hear The Professor shares his expertise with perspective as both a business owner, and an educator on entrepreneurship. Below is a summary of the discussion.
We discussed abundance and scarcity on The BIGG Success Show today. Here’s a summary of that discussion.
This show was inspired by an article on Forbes by Ginger Dean, founder of Girls Just Wanna Have Funds. We talked about how your mindset affects your money, your career, and your life.
We write this as a reminder to ourselves. We hope it helps you as well.
Money can’t buy happiness. We’ve heard it over and over.
Mostly from people who don’t have money!
Is it true? No, it’s not. For two reasons.
First, research has shown that when money buys basic needs which weren’t being met before, there is a huge spike in happiness.
Beyond that, however, spending money leads to only momentary increases in happiness. The happiness is gone before the newness wears off.
However, the second reason is more compelling.
Elizabeth Dunn is a social psychologist at the University of British Columbia. Her research focuses on why people inaccurately predict their future well-being.
For example, in one study, she asked people whether they would be happier spending $5 to $20 on themselves or on others. The majority said they would rather spend it on themselves.
She then gave a second group envelopes stuffed with either $5 or $20. Half were told to spend the money on themselves. The other half were instructed to buy a gift for someone or donate it.
The people who gave it away were happier than those who spent it on themselves!
She followed this study with two more – one that looked at what people did with a bonus and another that looked at giving as a percentage of income. . She found that happiness was driven more by the amount given than the amount received.
She said that “if [giving] becomes a way of living, then it could make a lasting difference.”
As we enjoy this “most wonderful time of the year,” this study serves as a reminder that the spirit of giving should be with us all year.
Money can buy happiness when you give it away.
Giving sends a signal to your brain. It says that you have more than enough. It creates a sense of abundance. And it leads to many happy returns. That’s BIGG success!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.