I have seen two kinds of people in my last 12 yrs of experience in the personal finance domain.
One is the Cashflow committed and another is Networth committed!
Do you know which one are you!?
What is a Cashflow vs Networth committed mindset?
Let’s talk about these two kinds of mindsets.
Cashflow committed Mindset
When you buy things and repay them back, you depend too much on your future cash flow, you are a cashflow-committed person. If you have to buy a car, a vacation, a training course, an expensive mobile, or anything for that matter, you say to yourself – “Let’s take a loan and I commit my future earnings (cashflow) for this purchase”.
You basically trust and rely on the future to consume TODAY.
You don’t think twice if you can afford something or not, because everything looks within your reach because everything is sorted IN FUTURE. The future is unlimited, the future is always amazing where you will EARN with no difficulty.
If this mindset…
