Hi, good readers, howdy? welcome back with me, Fian, hopefully you always have the abundance of happiness, health and prosperity, today I would like to share about the topic “how not to get controlled by the financial institution”, the reason why I choose that topic because many people feel distressed in their lives when their habits get controlled by the financial institution, like the mortgage or the bank, now my question; why that problem must happen to the people's lives because their habits only can attract the limitation, ignorance and weaknesses, basically people feel stressed not because of the financial institution existence, people feel stressed because their ignorance about their poor habit, do you want to know why poor habit must happen to them? Because they were just trained to be a good spender long time ago and they were not trained to be a money planner, our problem is not concerned with the financial institution, but our problem lies in poor relationship with money, although the financial institution creates a credit card and they intend to borrow their money to us, we need to know our cost of living needs at the first time, not how much money we need, I am not saying we need to avoid the financial institution’s offering, but what I suggest is we must realize our essence of living before our lifestyle will be shaped by spending habit, the first thing I would like to tell you that the bank is designed to be a lender, not giving the financial advisor, what I most fear is not about the money you get from the financial institution, but what I most fear is the habit that you spend the money can't be balanced with your saving habit, as we know together since we were childhood, we were taught to have a spending habit, we were not taught how to become a money planner / investor.
Basically the function of the money has two things; 1. The money to fund your survival, such as food, drink, the electrical bill, the water bill and the cell phone’s balance bill, 2. The money you need to increase your expertise, knowledge or personal branding, such as you use money to take course for foreign language, pay tuition, attending seminar, buying a book, etc. Remember this note; if you want to know how not to get controlled by the financial institution, the first thing you must do is how to adapt with a frugal life, use the money for funding your survival at least 2 years ahead, if you can suffice your cost of living with your 2 years of savings, then you can use your extra money to fund your lifestyle, that’s habit that can save your future, don’t just follow the majority of people who are expert of spending habit, starting from today, you can adopt the frugal lifestyle like people who lived 100 years ago before the spending habit has been developed till today, if you observed about people's spending habit in 100 years ago, they just spent their money for survival and they didn't buy their fantasy like buying something to get impression of others, or buying things for making others feel wrong, here is the note; don’t spend the money to fund your spending habit, you must train your habit to suffice your cost of living at least 2 years as preparation to face a life crisis, if you keep having spending habit without enough preparation, as result, the money you earned is going to make you a money slave forever, just because you are financially free today, it doesn’t mean tomorrow you will be free, that’s mindset you need to invest into your habit, Please don’t ask an advice to the bank about the financial issue, "the more you ask the bank about the money issue, they will teach you how to spend more money and they will not teach how to save your future with the money you earn", I think my explanation is enough hopefully this article can give you an idea how to improve your life, good luck.