Winning in Your Own Cash Flow Game
I always heard the story that people keep complaining that they don’t have enough money to spend or don’t have any money left at the end of the month. They are living paycheck to paycheck. But to me they are considered the lucky one because many people are living credit card to credit card. Yes, they are having negative cash flow and have to use their debt to survive.
Actually in most cases, there is something wrong with their cash flow management. There must be something happening in their way to spend money before that caused this cash flow problem. The theory of the law of cause and effect applies here. If you want to know the reasons, you can refer to my article Reasons Why People Are in Debt.
Mind Your Own Cash Flow
If you read the book rich dad and poor dad before, you will know that one of the lessons that you need to learn is Mind Your Own Business. It is not about starting a business and taking care of it. In fact, the “business” here is your cash flow, your money and your future. Those are the important things for your life.
I always believe that if you want to success in your life, the first thing you must win is in your cash flow game. According to Anthony Robbins, there are 5 things we master and keep them in balance if we want to success. They are:
- Emotion Mastery – Master the way we feel
- Physical Mastery – Master the health of our body
- Relationship Mastery – Master our social life
- Financial Mastery – Master our personal finance or money
- Time Mastery – Master the time management.
As you can see, money is part of our success and it can affect other mastery too. Each of them is inter-related. I believe you have heard a lot of stories about how people ruin their relationship because of money or even loss control their emotion due to the debts.
So the conclusion here is Mind Your Own Cash Flow (Business) is the first step to success.