Money Doesn’t Grow on Trees so Become Financially Free

By Adran Riley •  Updated: 11/15/21 •  7 min read

Money doesn’t grow on trees is an expression that usually means money is a scarce resource. 

And resources aren’t easily acquired, so you should not spend your money in a careless manner.

Because when you spend your money it doesn’t grow back like the leaves you see on a tree. Nope, when you run out of money, you have to provide value in exchange for more. 

Hell, many of us trade our time and life for money. 

But what if you could create a money tree? 

No, not a real physical money tree because money doesn’t grow on trees. It’s just a saying. 

The money tree I’m referring to is financial freedom and income-producing assets. 

Because while it may seem like money is always flowing in and out of our bank accounts, it’s not.

This flow is TEMPORARY.

Unless, of course, you create your own personal money tree through financial freedom. That way, you can keep the flow of money in your bank account going.

Financial freedom can become your money tree. A money tree in the form of your financial investments.

But, to create financial freedom and your personal money tree you need to have a plan. Then you gotta avoid debt, invest the money you have, and start early.

You Need to Always Have a Plan

Money doesn’t grow on trees, so you need to always have a plan if you want to achieve financial freedom.

If you don’t have a financial plan, you’ll never reach your financial goals. And a plan is a map for your money.

It’s a framework you can use to guide your money towards the things that matter most in life. And it will help you reach financial freedom.

Having a plan clarifies what you’re spending money on. And lets you know how much money you’ll have left after each purchase.

This prevents mindless spending and overspending. Which often leads to money problems in the first place.

Having a plan = saving and investing more money.

Because when people know where their money will go before they spend it, they’re more likely to put some away.  

Instead of spending it all.

Avoid Debt at All Costs

Debt is money owed to someone else.

It can come in the form of a mortgage, credit cards, or student loans. Also debt usually has an interest rate that makes it more expensive than money you’d save up on your own.

And by using debt, you’re not only borrowing money. 

You’re also paying the lender for the privilege of borrowing their money. This is tempting because it lets you buy something now and pay for it later.

But this can get you in trouble. Because if you can’t afford to make monthly payments on the debt you owe, it’ll lead to bad credit.

Which will then affect many aspects of your life. Including:

And more. Debt also ties up your income because of the monthly payments you’re now required to make. Plus, money doesn’t grow on trees.

Your income and monthly cash flow is your biggest asset. 

It’s what enables you to build wealth. If you tie it up by spending it all on debt payments, it’s going to hold you back from building wealth.

So, if you’re trying to create your money tree, avoid debt by all means.

Think of it this way, if taking out the debt doesn’t lead to or produce a consistent income stream, you don’t need it.

Debt will stop you from achieving financial freedom. Be cautious and if you have to borrow money or use credit cards, have a plan.

Invest Because Money Doesn’t Grow on Trees

If you want to create a money tree, invest your money.

Money doesn’t grow on trees, but money can grow in your bank and investment accounts. Many people believe money will fall into their lap – this is not true.

There’s no secret money tree waiting for you to discover it. You have to invest money and take advantage of compound interest.

Because with compound interest, money that you’ve invested starts to add up. Your money once invested is out working to make more money for you. 

The money that it earns is called interest.

You can then reinvest this money. Which will then start to earn you more money on top of whatever money you initially deposited.

This process can go on forever if your money continues to grow and compound. It’s not a quick way to get rich though. You have to commit and be patient.

Your money tree in the form of your investments needs time to grow.

Once grown, this money tree will supply you with money so that you can live the life you dream of. You can buy things like a house or car later once your money tree is big enough to support buying it.

But right now, focus on growing your money tree by investing.

The single most important thing when it comes to being a successful investor is not your return rate. It’s the AMOUNT you have invested. But the reality is money doesn’t grow on trees for most people because they don’t invest their money.

When they get it, they spend it all.

They buy things that they don’t need. And the money is gone before they know it. Spending your money instead of investing it has become normal. 

And it’s the single biggest factor preventing people from building wealth.

Don’t be normal. Save and invest your money. 

Because investing and compound interest are the closest things to magic humans have. They can help your money grow so much faster than you ever thought possible.

All you have to do is invest a little bit each month into your saving or investment accounts.

Start Investing as Soon as Possible

The truth is money doesn’t grow on trees.

It needs to be invested, saved, and grown. And the best way to do this is to invest money in the stock market as soon as possible.

Time invested in the stock market beats timing the market.

And time will either be your best friend or worst enemy. Especially when it comes to compounding your money and building wealth. 

Why?

Because stocks provide more opportunities to make money than bonds or savings accounts.

Stocks also have more liquidity. This means you can sell them at any time without paying a penalty fee for early withdrawal.

I mean, yes, they are a little risky because they can go up or down. But the risk is worth it because you are more likely to get more money in the future.

And if you invest your money, do it early enough, and are patient, then you’ll be well on your way to financial freedom.

Which is why you should invest early and often.

Because money doesn’t grow on trees. No, you have to have a plan.

Then avoid debt, invest your money, and start investing early. That way the money you’ve invested has time to grow into a cash flowing money tree.

Adran Riley is the creator of MentalVibe, a website sharing ideas on how to grow your mindset and money since 2015.

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