"I’ve come to realize that this isn’t what I want out of life. Rather, I want to develop a “wealthy money mindset.”"

From What’s Your Money Mindset?:

What’s Your Money Mindset?

Written by Matt - 20 Comments

I come from middle-class roots and was brought up with what I’ve recently heard referred to as a “middle-class money mindset.” By that, I mean that I’ve been primarily concerned with:

• Getting an education
• Developing a skill/career
• Honing that skill
• Using that skill to work and trade time for money
• Saving that money
• Working to a ripe old age, and then retiring
• Living happily ever after

More recently, I’ve come to realize that this isn’t what I want out of life. Rather, I want to develop a “wealthy money mindset.” By that, I mean that I want to:

• Embrace the concept of compounding interest
• Always spend less than I earn and avoid debt
• Save/invest as much of my income as possible
• Achieve financial independence
• Spend my “work” week pursuing my passions
• Never retire, but rather continue pursuing my passions
• Give generously

Wealth is, of course, a very personal concept, so your definition might differ from mine. That’s fine — to each his own!

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Read more: http://www.fivecentnickel.com/2009/05/21/whats-your-money-mindset-dfa/.

This is well worth reading to the end of! See: http://www.fivecentnickel.com/2009/05/21/whats-your-money-mindset-dfa/.