Investing in the market makes you money; investing in your self makes you freedom.
Does Your Logic Control Your Emotions?
When most people make a decision it is purely based on an emotion, but when true wealth builders make a decision it is purely logic. Before we come along too far let us first define these two words.
Emotion – [A] conscious mental reaction (such as anger or fear) subjectively experienced as strong feeling usually directed toward a specific object and typicallyMerriam-Webster
Logic – [A] science that deals with the principles and criteria of validity of inference and demonstration : the science of the formal principles of reasoningMerriam-Webster
The main reason that emotions cannot be used to discern anything is because it is an impulse. It does not carry reason with it, but as it is defined above it does carry subjectiveness. Logic when based on certain standard principles carries objectiveness. Those two words: subjectivity, and objectivity are opposites of each other.
Objectivity – [E]xpressing or dealing with facts or conditions as perceived without distortion by personal feelings, prejudices, or interpretationsMerriam-Webster
Subjectivity – [J]udgment based on individual personal impressions and feelings and opinions rather than external factsVocabluary.com
When applying objectivity we can reason with one another and ourselves using logic. When applying subjectivity we are cooped up inside our own personal and emotional box, shut in from all of the outside knowledge and wisdom. Emotions are a important part of any process but we need our logic to control them. People who are intelligent with there money are logical investors, or employees, or owners, etc.
Human nature comes with the trait which we call “herd mentality.” No one wants to be the only person left out on an amazing find or discovery that the public is running towards. Conversely, no one wants to stampede with the crowd only to find out you were stampeding off of a cliff.
The Best Thing To Invest In Right Now!
The absolute best thing you should invest in to better compound your life’s efforts is yourself. Now in saying this I do not mean that you should put every single penny into some online course, what I do mean is that you should spend a substantial amount of your “leisure” money on knowledge.
The more knowledge you have, the more potential you have. When completing every day tasks we have habits that power us along, but those habits started from doing and knowledge.
Many people are eager to learn things but are frightened to do things. Sadly, this is why so many people are stuck in “the rat race,” and are never finding a way out. They want to only succeed or for something good to happen to them with a click of a button. The only true way to succeed, win, make money, inspire others, is to go do it. The more times you fail the closer you are to the goal!
I have not failed. I’ve just found 10,000 ways that won’t work.Thomas Edison
Investing in yourself is finding a subject and just learning it and studying it. In our case the best way to make a stable income and become financially free is by increasing your financial IQ. This can come from reading books, reading articles (like this), talking to other people who have become financially independent through working hard, not by “getting-rich-fast.”
Are You Still Staying Home?
With our government handing out checks left and right many people have too much time on there hands, because they are not working. The most responsible thing to do in a time such as this is to go out and work. Don’t follow the crowd, follow the logic.
After working at our job while others are being payed to sit inside, we all will become tired and want to hit the sack. But this is the best time to increase our knowledge and attention span. Go read a book!
This post-modern time that we live in is a one that is filled with people who have an incredibly short attention spans. The world looks to technology to learn more information not knowledge. Though information is not bad, we do not need it 24/7. When speaking to friends and family I sometimes ask them how often they read books a week and frequently they reply “hardly ever”. Then I ask them how long in a day do they look at needless information on social media per day; and they are routinely embarrassed to say, because they do it so much.
When I come home from work it is just as hard for me to pick up a book as it is for many people I know, but nevertheless I still do it. This is not because I have “amazing-non-getting-distracted-abilities” but because I made a habit of it. Furthermore, with some of my family we have been pushing each other to read one book a week. I am not saying this to brag but to encourage you to go read a book, seriously!
Books are the best way in my opinion apart from doing, to learn something. Just think, you are consuming knowledge that took possibly thousands of hours to gather, in a relatively minuscule amount of time. That is why books are so powerful, and why they can change your life!
Thanks For Reading!
Thanks so much for reading this article! If it added any value to your life I kindly ask if you can share it with someone you know that might benefit from it. Also I would gladly appreciate it if you liked and commented on this post. In Christ, Austin Anderson.