money without strategy is powerless
When I was young I use to love colorful cloth and whenever my mom gave me money to buy some cloth for myself I end up buying more of the cloth I don't need. My intention might be to buy 4 T-shirts and two pairs of trousers but I might end up getting 3 expensive T-shirts and one pair of trousers. I did not stop doing this not until I started making money myself and I realized I have to make a proper plan before going to the market to buy cloth.
One thing about the market is that people there are always ready to collect your money because you will always find what you want and what you need is now left for you to choose from what works for you. Those days I go for what I want and because of my habit, I end up having small cloth in my wardrobe compared to my friends. The older I get I realize things like this still happen to the older generations.
I know a few people that make money a lot of money every year but they still struggle with their finance and apart from the expensive things that they have got, they have nothing to show for the big money they earned. Money is good but the truth of the matter is that money without a plan and strategy does not work, it is powerless.
Plan it well
As long as you have money there will be something you like because every year there is always an upgrade on most of the things we use ranging from gadgets, cars, fashion, and so on. Most of these things might serve the same purpose but they design new product better and is not what we need but what we want.
Things we need are the things that make us better but what we want don't always give no room for that because they are limitless and they don't add value to us but we buy or do some of those things because of fun of it. That is why we have to plan and create a strategy to build so that the impact of our money will show.
Building strategy helps us to avoid the noise and let us focus on what matters, and it also speeds up the rate at which we that a result one thing about spending money strategically is that the result can stand the test of time. Money is good but to see the impact there must be a strategy, people fail with money because there was no plan to spend and strategy to earn.
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This is really true. Much money is still useless if the owner don't know how to budget and handle it properly.
That's why there is a saying earning money is easy but learning art of spending money is hard
It's hard when everyone gets attracted to the newest thing. They need a plan and they also need to be consistent if they want to make sure that the money is saved.
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I've read somewhere that money will take you wherever you want to go as long you're a good enough drive. Many people can't differentiate between what they want and what they need. So they end up wasting money on things that are not important. We always have a wakeup call when we start making our own money, plan well and execute accordingly.
I see money as bricks, you can have 10 thousand bricks but if you spend your resources on different things then you will never be able to build your house.