Money Lessons We Can Learn from Britney Spears

Going from ‘just getting by’ to ‘getting whatever you want’ young money impacts people differently. It can be a bad thing if you do not have your mind in the right state. Take a look Britney Spears and the situations that many young celebrities find themselves in. They have all the money they need but without the right mindset they quickly find themselves in trouble.

Young money without financial education and life education can be disastrous. This is especially evident with Britney Spears.

Some people think she had it easy and never had to worry about the problems that most young people go through like student credit card debt, striving to retire young and finding love. Many think she has enough money that everything else in her life can be bought. But being in the public eye and having all her mistakes are on the front page for everyone to see can be a lot harder. How would you feel if every time you messed up that everyone knew about it?

There is a young money lesson to learn from Britney. This lesson will improve every aspect of your life and make you a better person. Once you master this young money secret you will begin to grow your wealth faster so you can retire young. This critical lesson is called ‘empathy’.

I am shocked at how many people poke fun at and rag on Britney Spears. She has a mental disease. Would you make fun of her if she had cancer, if she was blind or was in a wheel chair? Of course not! It’s important for everyone to understand a mental illness is a physical condition that you don’t have any control over. It’s a disease just like any other.

The next time you see her on the news pray for her. If someone around you is making fun of her do your part and explain she has an illness. And the next time you see her on the cover tabloid with don’t buy it.

Now for the young money lesson. Empathy is a key skill to develop that will improve your ability to motivate and inspire people on your ideas or belief. Empathy is defined as understanding another person’s feelings by remembering or imagining being in a similar situation.

Once you understand where someone is coming from then you can motivate them with what they are feeling. Understanding where someone is coming from will help you relate better to your friends, family and loved ones. You will avoid a lot of conflict and can ethically persuade people to your way of thinking.

This is a key skill in the work environment as well especially for sales people, entrepreneurs and managers. Developing the skill of empathy will help everyone be a better person, make more money and live a happier life.

In spirit. Vince Shorb