Is money the center of your life? 3 questions you need to ask to get out of the money loop
By: Pallav Grover
Tags: Life Lessons, Money Mindset, Self Improvement, Self-awareness, Money

Is money the center of your life? 3 questions you need to ask to get out of the money loop

Don’t love money because it would suck the air out of your life and will leave you suffocating on the pile of nothingness. Pallav Grover Feb 22, 2019·4 min read

Creator: Deborah Harrison

Earning money is extremely important but it should not come at the cost of losing your core values. Also, we should not focus solely on earning money it should always be the by-product of the work.

“Money is just a means to an end and not an end itself” Naval Ravikant

In my early years as a professional, I was always focused on getting more money and I wasted many years struggling to earn more money rather than focussing on learning and improving myself each day.

Money is one such thing which can make you do anything if you let it control your life. These 3 questions will help you control the money before it takes control of your life.

1. Ask yourself why do you need this money?

The first question we all should ask ourselves is why do we need to earn more money how will that help us in our lives and what are we actually missing.

The thing that comes to my mind on the reasons to earn more money is because my friend is earning this much or we need to raise life standard or we need to buy that thing because we are jealous of other people owning it.

“If money is an emotional issue for you, you’ve just put your finger on a big part of the problem. No one who is good at building houses has an emotional problem with hammers. Place your emotional problems where they belong, and focus on seeing money as a tool” Seth Godin

This quote is so important for us to understand because most of the times we attach ourselves to the materialistic world way too much.

We should look at money as a tool which helps us achieve our basic needs and not the thing which controls or influences our decision.

2. Do you need to compromise your core belief for money?

Earning money on your own terms requires a good amount of effort, so you will find a lot of people just compromising on their core beliefs.

When we are growing as a kid we are given values by our family and then as we grow watching the world around us changing our values evolve while some of them becoming the things we truly believe in, but sometimes there comes a time where we have to choose between core belief and money, that’s where you make the decision which changes your course of life.

Don’t seek things you like the idea of having rather than the experience of having. The most obvious variant is not to buy things you like the idea of owning rather than the experience of owning

We should be minimalist in all aspects of our lives sometimes less is more. It helps us declutter the fat in our lives and focus on the meaty parts of our life which is improving every day.

3. Is money buying you freedom?

Freedom is an illusion for general people who are earning an average amount of money because I believe we are truly free when our choices are not influenced by money.

We will be free only if we have enough money to detach it from our choices for that we need to be smart enough to earn enough without raising life standard so that we are free from the vicious circle of earning more to spend more.

“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.” — Suze Orman

We should look to achieve financial independence because being rich won’t buy you time. Important things need time and being wealthy is about having time to do the things you love.

Are you wealthy?