financial freedom, finance management


Being rich is everyone’s dream. But not everyone can accomplish it. Have you ever wondered why you’re not rich yet, what stops you from becoming rich?

Probably, you’re confused on why you can’t seem to save more or get your spending under control, despite putting best efforts or trying hard on it.

If you ask me, theory wise managing money should be simple:



As a human, our brains are constructed in a certain way depending on our experiences and conditioning, and that construction may be partly to blame for your money woes.


If you are one amongst those who constantly feel you don’t have enough money, you may be suffering from ‘Insufficiency Mindset’.

Insufficiency Mind-set prompts us to make impulsive decisions. It encourages us to take short-term decisions, which might increase our challenges for, long-term, like window shopping or make unwanted expenses.

You cannot get over Insufficiency Mindset overnight. But you can work towards getting over it by writing your income and your financial goals on a piece of paper. Focus on your earning and the maximum you can invest from it. Spend what remains.

Focus on long-term goals, not on insufficiency of short-term.


Our relationship to money and spending is highly personal.

However, we all have psychological spending triggers. Spending triggers are places, objects, or emotions that triggers you to spend more than you normally would.

And now shopping being online, you actually need not go anywhere.

The point is to identify your spending triggers and condition your mind to overcome those triggers.

To improve your finances it is essential to cut-down on unwanted expenses. To achieve financial independence it is important to control your spending behaviour.

I firmly believe, money speaks only one language, “If you save me today, I will save you tomorrow”.


As we grow old, we tend to create a lifestyle, we like to do things in a certain way, live in a certain style, which may not suit our financial circumstances. Now, to improve your financial life, you need to change aspects of your current lifestyle.

Reaching your financial goals, achieving financial freedom means making some serious behavioural shifts – something most people aren’t willing to do, as they are lifestyle bias. Most people prefer to stick with the familiar and prefer things to remain the same.

If you want to change your finances, if you want to improve them, you can’t do things the way you’ve always done them. Change is inevitable, and you need to adapt and implement it in your life.

To break the “Lifestyle bias” attitude try doing things a little differently. It will be difficult at the beginning, but that’s okay. Our greatest achievements tend to occur outside of our comfort zones.

As you adapt yourself to these little changes, you will find improvements in your financial circumstances (savings and investments).


As humans, we generally look out pleasure and try to avoid pain. When it comes to your finances, it’s no different. Investors tend to avoid negative information and avoid risky situations. It’s known as the ‘Ostrich Effect’.

However, closing your eyes to reality won’t change the reality.

You need to face it, by overcoming the fear of risk.

Avoidance can only lead to more troubles down the line, so take action with your finances. This will help you lead a better finance management.

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