The Game of money : Lessons You need to learn

 

Money is like a mysterious game that everyone is playing but, not everyone knows understands the 'Real Money Game'. Imagine you are in a world where money is not just a paper or coin, it's like a GAME with own Rules and strategies. In this article we'll breakdown the money game so that everyone can understand. it was inspired by the famous book 'RICH DAD POOR DAD'.

The players : Income & Expanses.

Think money as two teams on opposite sides : 'Income & Expanses'.

Income is like points we get in video, mobile games after completing level & Expanses is like challenges we need to face in game to complete game. In real practical world income is a money we gain from job, business or investment and expanses are the things where you spend your money like bills , groceries , travelling, party etc.

Level 1 : Saving and Spending. 

Just like game , you start from level 1. This is also a level 1 of money game you need to learn where to spend & when to save. 

You need to spend your money very carefully you need to decide where to spend which this you need the most & for which you does not need Now.

Level 2 : Investing & Growing

Investing is using your saved money to earn more money .

In "Rich Dad Poor Dad," Robert Kiyosaki talks about investing in things like real estate, stocks, or starting a business. It's like choosing power-ups in a game to boost your performance.

Beware of Debt: The Game's Trickster

Just like any game, there's a trickster that can lead you astray. In the world of money, it's called debt. Debt is when you borrow coins and promise to give back more than you borrowed. It's like getting caught in a trap in a game. Some debts, like student loans or a mortgage for a house, might be okay if they help you reach higher levels. But be careful not to get stuck in too much debt!

Mastering the Mindset: Your Ultimate Power-Up.

In the game of money, your mindset is your most important power-up. Remember how in "Rich Dad Poor Dad," the author talks about having a rich dad and a poor dad? Their mindsets about money were very different. A rich mindset focuses on learning, taking risks, and using money to create more opportunities. A poor mindset fears mistakes and avoids risks. To win the game of money, you need a rich mindset.

Winning the Game: Financial Freedom

In the end, the goal of the game of money is to achieve something called financial freedom. This means having enough coins (money) coming in from your investments and income to cover your expenses. It's like winning the final level of the game and being able to live life on your own terms.

Final Thoughts

The game of money might seem confusing at first, but just like any game. it becomes easier as you learn and practice. Remember the lessons from "Rich Dad Poor Dad". focus on building income, spend wisely, save and invest, be mindful of debt, and most importantly, develop a rich mindset. With these tools, you can level up your financial life and aim for that ultimate victory: financial freedom.

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about author : 

hello everyone I'm a university student and i started a blog website and this is my first blog thank you so much for reading i really really appreciate you and i feel sorry this was my first post so this might not so useful for everyone but i promise in future i am comming up with amazing blogs so please do visit again my website ; www.shreekrishnagiri.com.np

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