Economic Intelligence: Invests in It without Spending Money

in #money5 years ago
Previously we talked about organization, time investment , even personal image, before going deeper into that topic today I want to talk about the money in your personal project, because I understand the fear and doubts that you feel about this issue. All this comes from my perception, personal experience and what has worked for me. Once again, it is not a fixed and magical formula, as all growth and learning process takes trial and error, but practice, perseverance and organization have proven to be fundamental pieces for success, that's the key.

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Culturally we have many negative ideas about money, fixed preconceptions that we are dragging along as we grow up and they become in mental obstacles to our personal progress. So, to begin lets review two basic terms to transform those thoughts.

Money: they are the different assets accepted as a means of payment by the economic dependencies, in other words money is the deposit of value for financial exchanges guaranteed by central banks and exchange houses.
Economy is the study dedicated to the creation, distribution and production of assets. That is, the science of money.

In both concepts it is not established them as bad things, which leads us to the next point. We are the ones who lack the knowledge for the feasible management of them; Just as there is an emotional intelligence to work, there is also an economic intelligence or emotional economy to apply in our life.

The emotional economy is based on the existence of being, that is, the economy is because you are too, if you cancel yourself, it will also do so. So the first thing to do is to revalue ourselves, pay attention to our personal objective and remember that what you are doing is worth a lot and it is really important.

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Also keep in mind that you are not in competition with others for having the most expensive or having more than others, it is about your personal growth along with your project. If you are here reading is because you have started and now we are going to elevate the economic intelligence, recognizing that everything is about to satisfy a need, these can be of survival or purely pleasure, but depending on how we approach them will make us evolve.

That is why we must organize our budget according to those needs, adding now the investments for our personal project, from there begin to take the series of decisions that implies; recognizes what is really necessary and applies the reduction of expenses to cover the planned investment. Remember that, they are decisions which can go right or wrong, once done, evaluate your result and continue, this is a process of long-term satisfaction, however the first steps of short goals are very important to maintain your motivation.

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With that first meeting your loss of fear of money begins, yes, that relationship scares us, but once you start making it part of your life in a more consciously way, organized, with discipline and perseverance, you will notice that certain social paradigms fall such as:

The millionaires are complete, beware of that because, we all enjoy having an economic slack, of giving us tastes without guilt. Another example is: "I can not make more money than the provider", could be your father, boss, partner. Each one has the capacity to generate and spend their own means, at this moment sharing charges, expenses and income is appropriate. We are our own provider, do not forget that it is ok to give and receive help when it is necessary.

We continue with the responsible debt, the one assumed with the certainty that you can solve it in a stipulated time without fantasizing, being honest with reality, always taking into account possible mishaps. Knowing your production limits and strengths will help you to have a possible scenario to assume a responsible debt.

Get out of the comfort is another step to stimulate the economic intelligence, because creativity will awake new concerns, pushing you to network with people who know the subject or are in a similar process where you are. If you have the opportunity to attend events and workshops about it, do it, they are full of potential clients and partners. Trust in your own potential, organize your stock, give life to your image, read and practice about marketing in your area.

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The emotional economy is totally integral, to apply it and take it to another level it is necessary to know your reality, to be honest with it and to decide how much you are willing to invest and be constant in your personal project. It is the relationship with you between the personal and professional aspect, knowing that a change of attitude and taking action on you that will take you along the path that will change everything. It is a progressive process, it can be exhausting as satisfying and it only depends on you how to take it, always remember long-term satisfaction.

Finally, learn to say no to compulsive spending, to people denied to advance, to activities that do not help you to grow up and get sick. Caring for yourself is also part of economic intelligence. If you are well, the rest will be.

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Thanks for your time, I would love reading your recommendation to increase our emotional economy.


Afrika Lienzo


Pictures were taken from Pixabay.com

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Great article which I shared!

I wish you a great day

Posted using Partiko Android

Omg, thanks a lot for your time. Have a nice day too.

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