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15 lessons from The Psychology of Money
1. Money is a tool.
It's not an end in itself.
2. Don't let your emotions control your spending.
Be mindful of the emotions that can drive you to overspend, and learn to control them.
3. Invest for the long term.
The stock market will go up and down in the short term, but over the long term, it goes up.
4. Don't try to time the market.
No one can predict the future, so don't try to guess when to buy and sell stocks.
5. Diversify your investments.
Don't put all your eggs in one basket. Spread your money across different asset classes to reduce your risk.
6. Don't be afraid to take risks.
But don't be reckless either.
7. Pay yourself first.
Make sure you save money for your future before you spend it on anything else.
8. Live below your means.
The less you spend, the more money you'll have to save and invest.
9. Don't compare yourself to others.
Everyone is on their own journey. Focus on your own financial goals and don't worry about what others have.
10. Be patient.
Building wealth takes time. Don't expect to get rich quick.
11. Be grateful.
Appreciate what you have, both in terms of your financial situation and in your life in general.
12. Help others.
One of the best ways to feel good about your money is to use it to help others.
13. Be kind to yourself.
Everyone makes mistakes. Don't beat yourself up if you make a financial mistake. Just learn from it and move on.
14. Never give up.
The road to financial independence is long and winding, but it's worth it. Keep working hard and never give up on your goals.
15. Money can't buy happiness.
But it can buy peace of mind and security.
I hope you find these lessons helpful.
04/08/2023
15 lessons from The Psychology of Money
1. Money is a tool.
It's not an end in itself.
2. Don't let your emotions control your spending.
Be mindful of the emotions that can drive you to overspend, and learn to control them.
3. Invest for the long term.
The stock market will go up and down in the short term, but over the long term, it goes up.
4. Don't try to time the market.
No one can predict the future, so don't try to guess when to buy and sell stocks.
5. Diversify your investments.
Don't put all your eggs in one basket. Spread your money across different asset classes to reduce your risk.
6. Don't be afraid to take risks.
But don't be reckless either.
7. Pay yourself first.
Make sure you save money for your future before you spend it on anything else.
8. Live below your means.
The less you spend, the more money you'll have to save and invest.
9. Don't compare yourself to others.
Everyone is on their own journey. Focus on your own financial goals and don't worry about what others have.
10. Be patient.
Building wealth takes time. Don't expect to get rich quick.
11. Be grateful.
Appreciate what you have, both in terms of your financial situation and in your life in general.
12. Help others.
One of the best ways to feel good about your money is to use it to help others.
13. Be kind to yourself.
Everyone makes mistakes. Don't beat yourself up if you make a financial mistake. Just learn from it and move on.
14. Never give up.
The road to financial independence is long and winding, but it's worth it. Keep working hard and never give up on your goals.
15. Money can't buy happiness.
But it can buy peace of mind and security.
I hope you find these lessons helpful.
The Psychology of Money: Timeless lessons on wealth, greed, and happiness The Psychology of Money: Timeless lessons on wealth, greed, and happiness
SOME HELPFUL KITCHEN TIPS:
1. Put boiled eggs immediately in cold water, that way it's easier to peel.
2. Soak ginger and garlic in water for few minutes before peeling. It peels off faster.
3. Use the blunt side of your knife or a spoonto peel your ginger.
4. Store food stuffs like rice, beans and garri in food containers and bucket to avoid insects and rodents.
5. When making amala, semo and wheat meal fufu, add some drops of vegetable oil to the boiling water before adding the flour and stirring. That gives a smoother fufu swallow without lumps and fluffy and prevents some from sticking to the bottom of your cooking pot.
6.For accidents with hot pots or kitchen disasters with fire while cooking, apply your baking flour immediately and it will heal without a scar.
7. Drop peeled irish potatoes in your pot of salty soup and warm to remove the salty taste.
8. Put onions in a hot oven or microwave for 30 seconds before cutting to avoid teary eyes.
9. To prevent your unripe plantain from ripening, keep in a bowl of water for as long as you want them to remain unripe, take them out when you want to ripen.
10. Lick salt as soon as pepper from the tough meat accidently enters your eye while struggling to bite. Salt calms the pepper immediately.
11. Avoid overloading your refrigerator because cold air needs room to circulate
12. For salty boiled yam, add more clean water and drain before serving.
13. Adding butter or vegetable oil to boiling pot gives nice texture to your boiled rice.
14. For lingering onion and garlic smells that refuse to go away even after washing hands, rub your palms on a stainless steel like the kitchen sink and it clears off. This one works like magic 😁
15. To reuse cooking oil, fry some ginger in it first and the taste of whatever that was cooked disappears leaving you with good oil.
16. Add garlic and ginger paste to get a tastier stew. My secret 😋
17. Use half broken egg shells to remove cracked eggs in a bowl of fresh eggs.
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22/02/2023
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High blood pressure usually develops over time.
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Certain health conditions, such as diabetes and having obesity, can also increase the risk for developing high blood pressure.
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