I have always had this opinion that you need to get new experiences and expand your mind. Once your mind expands, it does not go back to its old state.
Do you even remember that you used to crawl once upon a time. Today you will actually find it very difficult to crawl. But there was a time when walking was a dream, but when you learnt how to balance on your two feet, you quickly forgot what it was to be on your knees and hands crawling. That was because once your brain gets new experiences it expands its ability and tends to forget the old ones.
I got this ability to think for getting new experiences from my father. He was of the view that saving money for itself had no significance if you didn’t get new experiences. New experiences also make you happier and give you a feeling of abundance.
While some experiences you can get without spending too much money, for most of them you need to have the financial backing. That’s where investing helps. After a certain period of time, when the magic of compounding starts to come into play, you need to take out money to sponsor these experiences.
Once the mind starts expanding it also gets the ability to think better. Then you are also in a position to think how you can increase your income further and invest more to earn even more and expand your mind even further. This becomes a virtuous cycle.
Till next time then.