Can psychology alone make you more money? Many experts say yes, and it has nothing to do with becoming a therapist for the rich and famous and charging thousands of dollars per session.
Psychology can help you in many areas of your life, like having healthy relationships, dealing with stress, and staying healthy. It can also give you tips that can help you become a much more successful person and make more money.
People say that while money can’t buy happiness, there is a certain amount that can give you a better quality of life and less stress and worries. This is a point that you should pay attention to in order to find the best way to make it grow, but you shouldn’t worry about it too much or base your idea of success on it.
So, using psychological tricks can be the best way to get richer, make your money last longer, and even add some zeros to your bank account without having to make many sacrifices.
How to adopt these 5 psychological tricks to make more money
A frugality mindset
Some of the world’s richest men decided not to spend their money on luxury brands, expensive cars, jewelry, and other luxuries because they quickly learned that money doesn’t last forever if you don’t need it.
Frugality is a good way to grow and keep your money because it makes you spend less and realize that you don’t need as many things or luxury brands to live well. Bill Gates, for example, does this with his whole life, and we can see it in his $50 watch and his simple, classic clothes.
You have to have high goals
According to the CNBC, many of the world’s millionaires have very, very high goals when it comes to money. Having higher goals makes them work harder and look for better ways to reach their goals.
Small goals can be reached, but they can also make you stay in the same place, lose your vision or creativity, and stop trying to achieve more, which isn’t just about money but also about looking for better job options, ways to invest and take care of money.
Pay more attention to the insignificant things
Some experts say that not paying attention to things that seem small and unimportant can cause you to lose a lot of money or keep you from saving and getting the amount you want.
Small things like buying coffee instead of making it at home, buying that T-shirt you already have in a thousand colors, or not keeping the coins they give you as change add up over time, and if you don’t take care of yourself, they can be the reason you lose a lot of money every year.
The Stranger’s Test
The stranger test is a good way to help you take better care of your money. The first step is deciding what you want to buy, whether it’s a cup of coffee, a new sweater, a gadget, or an accessory. Once you know what you want, you have to picture a stranger standing in front of you with the thing you want in one hand and the amount of money it costs in the other.
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To decide whether or not to buy, you should think about what you would rather get from that stranger: money or the item. This will help you decide if it is really worth spending your money or if you would rather keep it. money. This trick is a great way to avoid buying things you don’t need and to think more carefully before you spend.
Connect with your future self
Science says that many people don’t save, don’t take care of their money, and don’t make good investments because they feel disconnected from the person they will be in the future and focus too much on what they want or think they need right now. This makes them not take care of or treat their money well.
Imagine the person they will be in the future. Try to see their face, their house, their way of life, and their needs. This can help them feel emotionally connected to that person, which can make them more careful with money and help them make better decisions. decisions that can help a lot in the long run.