Holding-the-money syndrome?

prey24 · Mar 14, 2020

I am suffering from a mindset in which i dont want to spend my money on my business and always try to find free stuff even if its important.

Many of you will troll this but its serious. I feel like if spend it i will loose the money.

How to break this mindset?

4Simonas · Mar 14, 2020

Well I don't think that's bad if the free stuff you are getting isn't worse than the stuff you'd pay for.

Deleted member 1313244 · Mar 14, 2020

It's a good mindset?

prey24 · Mar 14, 2020

ChesterF said:
It's a good mindset?

I don't think so because what i have seen that you have to spend money in order to make money.

4Simonas · Mar 14, 2020

prey24 said:
I don't think so because what i have seen that you have to spend money in order to make money.

That's a cliché, of course you need to spend some money probably with any kind of business or project but I don't see anything wrong with getting free stuff instead of buying it if the quality is at least close. Also getting free stuff you have to put your own work in, so you learn something, also bigger profits, only pros with free stuff haha

igtaya · Mar 14, 2020

Nothing is really free, there are always few interesting functionalities that are very useful and not free!! In order to change this mindset, when I buy something I would commit to use the max of it otherwise i would regret...

mylastvacation · Mar 14, 2020

I don't agree that you have to spend money to make money. If you can make money without money chances are you wont make money with money either. That's why charity doesn't help much as it's not addressing the source of the problem but just try to patch it.

It's not about how much money you make, it's about how much you get to keep. So keeping most of your earnings is a good thing. Maybe some day you will have saved so much that you wont care about spending it anymore. Now you care because the money still holds some value to you, but once you have too much it will lose its value and you wont be afraid to spend it.

rafark · Mar 14, 2020

mylastvacation said:
I don't agree that you have to spend money to make money. If you can make money without money chances are you wont make money with money either.

But you do have to spend money on absolutely ANYTHING.

Have a website? You can get free links and do keywords research manually BUT you do need money to buy a domain and the server (usually monthly!).

Want to get a job? You need to spend on a haircut, decent clothes, transportation, etc.

You cannot make money without spending money.

prey24 · Mar 15, 2020

rafark said:
But you do have to spend money on absolutely ANYTHING.

Have a website? You can get free links and do keywords research manually BUT you do need money to buy a domain and the server (usually monthly!).

Want to get a job? You need to spend on a haircut, decent clothes, transportation, etc.

You cannot make money without spending money.

Yep that's wht i am saying

710fla · Mar 15, 2020

prey24 said:
I am suffering from a mindset in which i dont want to spend my money on my business and always try to find free stuff even if its important.

Many of you will troll this but its serious. I feel like if spend it i will loose the money.

How to break this mindset?

There is risk to anything but it's better to spend money back on your business rather than withdrawing it to spend it on clothes, going out or whatever

But I understand what you're saying, only you know if you think the risk is worth it.

prey24 · Mar 15, 2020

710fla said:
There is risk to anything but it's better to spend money back on your business rather than withdrawing it to spend it on clothes, going out or whatever

But I understand what you're saying, only you know if you think the risk is worth it.

Yep i can also relate that to taking action like sometimes we r afraid of starting or expanding anything because then we have to put more effort in that.

Holding-the-money syndrome?

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