Money can’t Buy Happiness

This is one of the many excuses a “poor-minded” people use why they are not yet rich.

I want to quote something from the book Nice Girls Don’t Get Rich: “Of course, money doesn’t buy happiness. And neither does poverty. It’s not wealth or poverty that makes you happy or unhappy, it’s how you live your life. Money simply gives you choices that you might not otherwise have.”

Money cannot buy happiness but it can buy freedom. Freedom from your boss who nags you everyday. Freedom from the worries of tomorrow because you have enough saved and invested. Freedom to do whatever you want because money is not a problem. Freedom to go on a vacation when ever you wanted. Freedom to attend school activities with your kids because you can afford to do so.

You may recall an old line from Sophie Tucker: “I’ve been rich and I’ve been poor; believe me, honey, rich is better.”

~Till then.

Common Mistakes Women Make on Finances:

Caring too much for others but never for her self.

This is part of the nice girl syndrome. (Refer to Nice Girls Don’t Get Rich)

I have a friend who I really want to attend our seminar on financial management because I really feel that she needs it badly. She is the bread winner of their family and all her income goes to the house to pay for the bills. I tried inviting her to the seminar but she keeps on saying no. To make me feel better she recommended her other friend who is interested on the topics. The thing is, this friend is already financially well off and a little investing is all she needs to keep it on track.

The frustration of being a financially literate person. (sigh)

~Till then.