Seriously – Who Doesn’t Want More Money?
Everyone does.
But beyond that universal desire, most of us are not clear about how to make money or how to build wealth.
Let me confess something.
I damaged my finances for years because of one idea — my childhood desire to become an entrepreneur.
Apart from the word “entrepreneur” and the charisma attached to it, I never really understood what entrepreneurship meant. In my head, entrepreneurship meant money. So I believed that one day I would be an entrepreneur and have a lot of money. If that was my future, why should I care about the few thousand rupees I was earning as salary today?
I was so certain about my future that I sacrificed my present.
Investing? I thought it was nonsense. Slow growth didn’t excite me. Warren Buffett? Yes, he’s great. But I didn’t care. Why should I, when I believed I would “build” my wealth? I don’t earn money — I make money. That was my mindset.
Those ideas cost me.
I am 35. I am salaried. And I struggle with money.
I can play smart. I can write well. I can code. I can read complicated material. I can teach. I can speak publicly. I can do many things.
But I am severely bad at one thing — retaining and growing money.
I earn a good salary. I burn it.
I don’t track my spending properly. Credit cards feel like monsters hiding under my bed. I want to get rid of them — but I don’t even want to look under the bed. I am afraid of what I might find there.
But this year, I am committed.
This month, I will clear all credit card debt. Three loans will remain, but they are secured against my future salary. So I’ve decided to follow a simple structure.
Whatever salary I receive:
- 30% to index funds
- 30% to household expenses (given to my wife to manage)
- 30% to an emergency fund
- 10% to charity
The moment the salary hits my account, it will be divided into these buckets and transferred immediately.
No drama. No delay. No overthinking.
This year, I am moving from insecurity to financial stability.
I’ve also realised something uncomfortable — I am afraid of money.
It sounds irrational, but it’s true.
If I imagine receiving my salary in cash, how should I feel? Excited? Proud? I should. But I don’t. I feel anxious. I immediately think about how to get rid of it. That has been my pattern.
I am afraid of holding money.
This year, I am addressing that fear.
It is a deeply conditioned response. I have changed other behaviours. I started working out. I trek regularly. I stopped drinking alcohol. But this fear of money — I never addressed it because I was never aware of it.
Now I am.
I have become more sensitive to my emotions and how they shape my life. Money, like many people, has been a trouble spot for me. So I will take small, consistent actions to fix it.
Yes, I am still attracted to the dream of becoming an entrepreneur. But I am no longer willing to sacrifice today for a fantasy tomorrow.
I am choosing discipline over delusion.
I will revisit this article on the 26th of every month to hold myself accountable.
No more romanticising wealth.
Now — I build it.