Sometimes, early in the morning, I visit the food market. A lot of people from the village sell their food. When I buy rice from one guy, he always performed one ritual. If I am the first customer, in that case, he will kiss the paper bill I gave him. This is his money ritual.
As we are made to be Socials creatures, sapiens are all about mindfulness and habit who inherently create rituals in day-to-day life whether they are a need or completely useless erratically. They turn out to be counterproductive in the end; it’s upon us how we want it to be. Money has been a vital entity in the societal chain, and with money, we have encountered a variety of problems. It’s been the same solution for it, the only cause that entitles the generation is how to gain more and increase the surplus, which is already present or been inherited. As a result, a variety of rituals have been used in the generations and tribes. Among various levels, they differed but always had a thing in common money and its augmentation.
Money rituals are a routine for many employees, rich and poor people, wearing a specific pendant or doing a particular task before starting the day. Various studies indicate how there’s always been a belief in supernatural powers and many other atrocities that don’t have any proof in them. They have existed in the communities on a societal and personal level, like accepting animals and many body parts to make the gods happy to receive more blessings and wealth.
Financial success, the main objective of people working themselves out, students pushing the boundaries to score a better job that has better pay, and all of this leads to a variety of factors:
1. Pleasing the god
It’s been an ancient ritual and has been followed for generations with the same set of rules since the start. In Indian culture, Laxmi is considered the goddess of wealth, and she has been worshiped since the creation of Hindu culture, and it’s been mentioned in various Hindu scriptures and Veda’s. Many Indians pay their respect by doing the rituals on the festival of Diwali every year; mantras are chanted to call the goddess to people’s houses and bless them with wealth.
2. Money should be shared – karma
We have always been told that what goes around comes around, so there has been teaching prevailing for a long time that we should help those in need and poor because it’s going to give us good karma and also help people at the same time. ‘The more we will give, the more we will receive.’
3. Respect power is money
The element controlling societies, governments, and people’s prosperity should be given utmost importance, and practices should be the ideal god. An element controlling people’s happiness is money has been a pride symbol and has been worshiped in many of our cultures. We should never remember that money is the result of hard work, blood, sweat, and it’s not a regular day when it’s disrespected in any way. There is always said that ‘if you don’t respect the money, money won’t stay with you, actually won’t respect you.’
Apart from the feuds that have been existed in society and the going traditions, somethings have changed people follow various billionaires and many other business personalities and are always in search of, ‘ what does this person do that I don’t? why is this person so much successful? ‘. Some of the money rituals of modern-day money magnets are:
1. A to-do list
People in business are always expected to have things on going all the time, so to tackle that, they note down the list of things they need to do in the very first hours of their day so that they can get them done first thing in the morning and this is what makes them different from the common folks out there.
2. They don’t watch T.V. instead read Financial times
Binge-watching the shows and spending the nights being awake and then sleeping the next day or ruining it, millionaires don’t do that they rather invest their time in the financial times and read the stock prices and various other business deals, entertainment’s important but not just dozing around your time on it every day.
3. Healthy eaters
With the young population becoming obese day by day, this is the most important thing that has to change in people, the lack of knowledge of what they are eating and how it will turn out for their body. Money magnets and millionaires are not usually eating those Mc Donald’s burgers and living their life on pizza’s; they rather eat salad they count their calories and also burn them quite managed; there is a specific amount of sugar oils and dairy product, Buddhist always said that body is your temple, the first the thing you should worship before any god’.
4. Never stop learning
Audiobooks, real books, ted talks, and many other sources to learn the experience of people who already did what you want to do, is already out there there is no need to fail to make wrong decisions and fall into the trap at the end of the day and regret those moments for the rest of your life. A person’s whole life mistakes and atrocities they had to go through are available on the internet or around you somewhere there is no age of learning you can always have another point of view. You can be the most successful one day, but that’s not the guarantee to never fail, so always keep learning.
5. Prioritizing self-improvement
An interesting thing about millionaires is that they don’t always go behind money or rushing behind the successful soul; there is always room for self-improvement. That’s one of the major factors that lacks in a lot of the individuals around. It’s always said that’ you should not always believe in increasing your skill for cutting the trees, sometimes there should take a break to sharpen the saw.’
Better brain power, better nutrition, better screen time, and healthy habits have created room for financial success and not blindly following the old mystical enchantments or the millionaire’s guide on ‘how to be a millionaire.’ Situations have always been different for different people; rituals are unique to many, just like life, unique to everybody.
After leaving Wells Fargo Bank in 2014, Daniel began a career as a finance consultant, advising companies and individuals on economic policy, labor relations, and financial management.
At Promtfinance.com, Daniel writes about personal finance topics, value estimation, budgeting strategies, retirement planning, and portfolio diversification.
Read more on Daniel Smith's biography page.
Contact Daniel: daniel@promtfinance.com