One of my all-time favourite books I have read and studied is "Think and Grow Rich" Napoleon Hill. He says in this book:
"Anybody can wish for riches, and most people do, but only a few know that a definite plan, plus a burning desire for wealth, are the only dependable means of accumulating wealth."
What is the basic principle that these wise and wealthy men know that you can learn from? I read over and over the following principle "Value yourself" in the different teachings from them. When you are gripped with fear and insecurity about your finances, it usually is not because you lie awake at night wondering how you can wisely invest and grow your already fat purse.
It rather is about your flat and empty purse and having far more desires for your money than money for your desires. Fear and insecurity are emotions that destroy wealth and the more anxious and uncertain you feel about your financial situation, the more you stay locked in a poverty mentality.
One of the wisest ways to help you to sleep well at night on your financial cushion is to have a mind-set of saving. What helps you to moderate and neutralize your emotions is a cushion designed to free you up to live your dreams. When you know you have a cushion of money in a savings account (an account you use purely to be the cushion), your emotions will be more stable whenever you get a financial challenge or surprise expense. The magic of a savings account you save in monthly as a way to value yourself is the money makes money through compound interest. Your money grows, even in your sleep.