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Learn to control money but do not allow it to control you

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  • Woowoo
    Woowoo Posts: 4,603 Forumite
    What is NLP?
    LBM Aug 09: £18,650.47 - Current: £12,854.93 (£5946.79)

    Barclays: £2,928.34 Lloyds: £2,499.60
    MBNA: £3,788.99 Overdraft: £1,900.00 Mum: £1,738.00

    Surveys: £6.60/£40.00
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    Neuro Linguistic Programming.

    F
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Can I be totally honest firewalker the master nlp practitioner is just a piece of paper ... It's like every other piece of paper ... It's what you do with the info that counts ... I know master nlp
    Practitioners that don't use nlp at all ... I use it alot ... But I used it long long before I actually knew what it was .... I just wasn't aware that that's what I was doing

    I know others with no qualifications in nlp and they basically live it

    The idea behind me beginning a master nlp
    Practitioner was to start a business and that piece of paper can give credibility ( for some people not all) .... So I needed that piece of paper more than wanted it tbh
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    It is official – a curse affecting all things electrical in our possession has been placed. The latest was the fridge/freezer. When we got back last week I first noticed that the fridge is not very cold – OK a bit of an understatement here, the fridge was actually rather warm inside. Mercifully there was not much in; Young Man being on his own for over three weeks and all. Then I opened the freezer and some of the raw meat had obviously defrosted and frozen again. But fridge started working and the freezer was frozen so we thought we will get away with throwing away only some food (we also had the foresight not to go and stock up on meat and stuff before going away). It was not to be!

    So we have had to buy a fridge/freezer – a very reasonably priced one, which is bigger that the broken one and is also very economical to run. It is not Bosch – OH has really had it with all things Bosch. If someone out there reading this knows a way to lift a curse please shout – I am not sure that our finances will withstand any more of this. I just hope that my light laptop (the one I take away with me on my travels) will work OK with its new battery (expected to arrive from Germany any day now), that my new charger will last, and that the new fridge will be the end of it.

    I also printed out all I have written here, all one hundred and twenty four pages of it. What I would like to do is to read it and map all the loose ends that I have generated. After that I’ll decide which ones I would like to continue with and which one look like dead ends. After all, this diary is about learning to control money and important ingredients are still missing – particularly on the increase your income side. I have been thinking loads about that and also have ordered some books on the matter. Ironically, some of the books offering advice on how to make seriously embarrassing amounts of money can be purchased for 1p from Amazon – pity about the postage costs.

    And the thought for today is:

    “Would you like me to give you a formula for success? It’s quite simple really. Double your rate of failure! You are thinking of failure as the enemy of success. But it isn’t at all. You can be discouraged by failure or you can learn from it. So go ahead and make mistakes. Make all you can. Because remember that’s where you find success.” – Thomas J. Watson

    Firewalker
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    Last night I could not sleep again. You know when you go to bed close your eyes, you are just drifting off and the next moment all you worries fill your head and you are wide awake. This is exactly what happened. At 12.30 last night I suddenly had this panic attack – all about work. Simple really – too much to do and too little time to do it! And it does not matter how many times I promise myself and OH that I am not going to get myself in such a predicament again I mostly do. Why?

    Let see...I am greedy for work – because I do research this greediness comes from curiosity; I really wish to know things; I really want to create things: I really want to...So I keep trying to expand, to learn and move into new pastures cognitive. Problem is that this leaves little time for depth. Lesson: whenever one strives to enter and develop new domains one has to choose what to give up; growth without sacrifice exhausts one’s resources.

    I can be better delegating. As it is I am not too good delegating – I do lead teams but end up doing rather a lot of the work. What I need to focus on is organise the work so that I can bring it together – doing what I am good at and let other people do the things I am not good at (but hopefully they are). And trust them – which I do find particularly hard. Most academics at their core are underperforming overachievers – I am probably not an exception. This is a heavy burden to carry because deep down one is convinced that other people cannot do as good a job as one can do her/himself. Now this might even be true – but without the ability to accept that others can do what is sufficient, namely an acceptable job, life is hard and working takes over it. Lesson: invest sometime in organising the work on my different projects so that tasks are delegated; do what I do best; hard work only gets you tired and ill – the secret is working smart.

    I have forgotten how to work smart and will have to remind myself this art. Prioritisation here is of essence – I seem to be spending loads of time, effort and resources doing things that don’t really get me where I want to be. Lesson: make a clear written statement about where I want to be; the conditions and activities that will get me there; and make sure that these activities are prioritised.

    And the thought for today is:

    “What money can’t buy is much more important than what money can buy.” – Paolo Coelho

    Firewalker
  • firewalker, care to send me a list of those books? I could do with some inspiration.
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    William, I have ordered:

    Jack Canfield ("Chiken soup for the soul" and "The Success Principles") - I was always curious about Chicken soup for the soul since he got $1 million advance to write this one and earned further 6 million from its sales.

    Robert G. Allen - Multiple streams of income
    Hansen and Allen - The one minute millionaire (I am not so sure about this one but will see what it is like when it arrives; might have fallen victime of the fast culture of today).

    BTW on Amazon two of these books sell for 1p.

    Enjoy!

    Firewalker
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    There was a knock on the door. I opened it and there was a fit young man smiling at me and asking me where to put our new fridge/freezer. Yes!!!! It has arrived - apart from being really high so I might need to learn to walk on high heels so that I can reach the top shelf, it seems OK.

    Firewalker
  • Firewalker
    Firewalker Posts: 2,682 Forumite
    Today I have read about 200 pages of relatively boring rubbish that I will have to suggest ways to improve. But in between doing that I also managed to cook and when I cook I also think about things. And my thoughts kept drifting towards the matters and questions associated with affluence, prosperity, riches and our (my) relationships to them. While doing that I also remembered stories from my families past.

    The question that has been puzzling me for some time now is why so many amongst us, including me, are apprehensive of saying ‘I want to be rich’. Talking to friends, listening to people, reading messages, reading my diary for that matter the same comes over and over again – ‘oh, I don’t want to be rich, I want to be comfortable, really’. I was re-reading an old post of mine where I was discussing where my ‘enough’ is and put a number to it; I found posts where I say that I want to pay loads of tax but I did not find a post saying – I want to be rich. But when one thinks about it what is so wrong about being rich? Let face it, I am not going to be much good to anybody if I am broke and can’t pay my own bills. Money is like any other resource – having a considerable surplus of it is probably value neutral. What really matters is how one uses their material wealth.

    Right, here we go – I feel so much better now that I have done the rationalisation and intellectually know that there is nothing wrong with being rich, and that I probably have the moral foundation which will prevent me from using my wealth irresponsibly. But why I still can’t bring myself to say – yep, I do want to be wealthy? Because of emotion, a negative emotion!

    Until relatively recently – let say until about 4-5 months ago – I despised money and all that comes with having masses of it. In other words, I despised the very idea of being rich, affluent and prosperous. I did not like earning it, I did not like understanding it, I could not be bothered even to think how it works. I believe two things can explain this – my family background and my later experiences.

    To be continued...Now have to go and read to Little Boy (who still at the age of 91/2 likes being read to).

    “As a river cannot stop flowing, love cannot exist in piece. Get used.” – Paolo Coelho

    Firewalker
  • whatatwit
    whatatwit Posts: 5,424 Forumite
    Part of the Furniture Combo Breaker
    Firewalker, I too wonder why people don't want to be 'rich'.
    Whenever there is a large pot in the lottery or Euromillions, all around people say, that's too much for one person, the amounts should be shared out more.

    I disagree, the pot of money accumulates due to a set of rules and if a single winner is fortunate enough to cop for £10 million then good luck to them and how they wish to spend or share it.

    Personally, I no longer say 'I want to be rich' my new mantra is 'I am rich and the universe will provide'
    Official DFW Nerd Club - Member no: 203.
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