Your mindset is a set of beliefs that shape how you make sense of and the filter through which you see the world and yourself. It is composed of your beliefs, attitudes, emotions, and perceptions that inform your thoughts, habits and decisions. It influences how you think, feel, and behave in any given situation. It means that what you believe about yourself impacts your success or failure.

Mindset encompasses both your conscious and unconscious thoughts as well as how you view yourself. Your mindset determines how you spend your time, who you spend your time with, what decisions you make, and where you invest your resources (time, talent and treasure). “The most important opinion you have is the one you have of yourself, and the most significant things you say all day are those things you say to yourself, “ argues author and self-help guru Zig Ziglar.

Choosing not to spend money on goods or services you ‘want’ when you have the financial means to do so is a transformative change in mindset.

A positive financial mindset sets you on a path towards greater aspirations, such as achieving financial freed or retiring early. By prioritizing your financial health through savings over frivolous spending, the opportunities available to you become limitless.

“What will you create? Whatever it is, run after it like we [Nvidia] did. Run. Don’t walk.

Remember: Either you’re running for food, or you are running from becoming food!

And oftentimes, you can’t tell which. Either way, run.”

Jensen Huang, the founder and CEO of Nvidia. He encouraged students to be agile for the opportunities brought by the AI revolution, to have the humility to admit failure and ask for help as well as to endure the needed pain and sacrifice for realizing their dreams in his commencement speech at National Taiwan University (NTU) on May 27 in Taipei.

Here are some of the most liked comments for personal finance:

1. Most money issues have less to do with saving and investing money, and more to do with your mindset, your lack of patience and discipline, and your poor financial behavior and literacy. Too many people focus on what’s shiny rather than actually thinking long-term.
2. If the housing prices where you live are too expensive and keep you from saving/investing money for the long term, you need to move and reduce your expenses.
3. You should be able to enjoy your money. Once you have built strong financial habits and your saving/investing 20%+ on a monthly basis, you should take the vacation or buy the car you have been wanting (as long as you are able to pay with cash and still hit savings targets/sufficient emergency fund). Some focus too much on minimalism that they forget to enjoy life in the process. No one is guaranteed tomorrow!
4. The most important financial decisions you make is who you marry and building wealth over the long term.
5. Debt, taxes and excess spending destroy wealth. 
6. You should spend less money than you earn.  Living within your means is crucial for financial freedom. Avoid debt by spending only what you’ve already earned, and prioritize saving and investing. This mindset promotes discipline, reduces stress, and sets you on a path to a financially secure and prosperous future.
7. You should have an emergency fund for the unexpected expenses that will arise.  
8. Utility bills are debt and a liability. Treat them that way. Get an asset to pay them.
9. Don’t focus all your time, talent and treasure on investing by sacrificing living. There’s a lot more to invest in than finances. Be smart and plan for your future, learn from the past, and enjoy today. The most valuable asset you have is your time and your health, The only time that is guaranteed was yesterday. And, your health is an essential aspect of wealth.
10. Patience is essential when investing in order to build long-term wealth. Markets are volatile in the short term, but staying the course and maintaining a disciplined approach will often lead to the power of compounding returns and greater rewards. Trust the process and watch your wealth grow.

The rich and the wealthy have different mindsets regarding building wealth. The rich and others think about how to make money, while the wealthy think about how to keep it and managing risk. 

“If someone treats you badly, just remember that there is something wrong with them, not you. Normal people don’t go around destroying other human beings.”

Mindfulness practice has the capacity to transform our lives and illuminate the world around us. Through practicing mindfulness, we train ourselves to navigate the exquisite challenges presented by our ideas, emotions, and experiences

🎥: Smiling Mind#HappyMind #Mindfulness pic.twitter.com/eWcTHX3mea

— Happy Mind (@happymindsl) June 5, 2023