Photo by Ben White on unsplash.com
Which of your relationships are most important to you?
We tend to immediately think of the important people in our lives, both personally and professionally.
But there are other relationships that are just as critical. Among them:
I've seen firsthand how the money relationship can change your life.
My "unconventional" relationship with money has allowed me to do some pretty unconventional things like:
I owe my relationship with money to three main experiences:
When I was in high school, my dad created a money game called "Moheban Masters" for my brothers and me.
Each month, we earned a pretty big salary for a...
In high school, my mom and dad were actively involved with a successful multi-level marketing company.
Because my parents are awesome, they involved my brothers and me by introducing us to the product, explaining the financial model and even bringing us to one of their team meetings.
I’ll never forget that meeting.
It was led by two local Team Leaders, a healthy and good-looking married couple in their late 30s / early 40s with several children.
I’ll always remember the woman telling us about what she did that day: sleeping in until 9am, working out with a personal trainer, playing outside with her kids for several hours, responding to some emails in the afternoon, and then coming to this meeting. She kept talking about the incredible freedom she had because of the income from this product.
Some of you might be rolling your eyes at multi-level marketing or her story, but a...
Disclaimer: I am not a financial advisor and don’t play one on the internet. Consult with a certified financial advisor before making any investment decisions.
In October 2011, I signed a contract for $65,000/year plus a $10,000 signing bonus.
On the one hand, I was elated. I was about to graduate from Indiana University in May, so the most I had made to this point paled in comparison. Plus, this was to work at a prestigious bank in my dream city, Chicago.
On the other hand, I was nervous. I knew I wanted to save a lot of money, but how was I supposed to do it? What kind of accounts should I set up? How much would I even have leftover after taxes?
Once word about my offer got around to my family, individual members started reaching out to congratulate me. Fortunately (but not surprisingly), one of them was my Uncle Jeff.
“Hey Mammoo, congratulations on your offer!” he told me over the phone. “So...
“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.” -Edmund Burke
Too often, we use money as the basis for life’s most important decisions. Money either explicitly or implicitly determines:
Money is why I majored in Finance, chose a secure finance job over an entrepreneurial fellowship right out of school, and stayed at that job for three years even though I was overworked and unfulfilled.
I started out really liking my job- I loved the people I worked with, was making good money, and was one of the top analysts in the group.
But as time went on and the better I performed, the more work got assigned to me.
We both had the opportunity to speak at P20 Talks 2016 in Goa, India, a conference for life skills educators from all over the world hosted by Parenting 2.0 and The Global Presence.
The Talks were focused on relating a personal story to a critical life skill.
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