Most people live on the principle of "like work", not "as you want".
- People are constantly short of money.
- the amount paid is not critical — not enough money and little earning, and earning.
Because, the more a person gets, the more money he spends. As the saying goes, "income and expense".
And hardly anyone realizes that the reason for the chronic lack of money is not in low income, and lack of basic financial literacy.
- Finance and investment I have been working for a quarter century.
- During this time, by trial and error, revealed the three main laws in the sphere of money and personal Finance.
Want to improve your relationship with money and become sustainable financial well-being? Read on this article to the end.
the Three laws of "attraction of money", leading to a financially healthy life:
1) Patience is rewarded.
To learn financial literacy and to start to multiply your money, you need to be patient.
wealth Creation can be compared with the manicured gardens outside were they not immediately noticeable enviable/a solid result, but not everyone understands what lies behind the everyday and long-term work.
you Know the secret to a perfectly smooth English lawn? The secret is simple — in the morning, the lawn should be watered, and in the evening to mow. So 300 years in a row.
2) Wanting the cheese, stay out of the trap.
All pyramid schemes and scams built on one common principle — promise the impossible and collect money from the gullible "suckers" (which will line up in a long queue).
People, because of excessive naiveté, want to believe in "miracle" and therefore aggressively looking for options instant gain.
They are prepared to repeatedly bury their gold coins, like Pinocchio at the Field of Miracles in the land of Fools, — voluntarily giving their savings in the hands of fraudsters.
- Insight comes quickly, and it's extremely painful.
- There is not only the promised interest, but also the money invested.
3) get Rich during crises.
the World economy has a cyclical structure, it is subject to periodic UPS and downs.
And these need to be able to use to build your capital.
- Most people during the next financial crisis begin struggling to save money because they reduce the patch (or they do lose their jobs).
- Experienced investors rejoice (and prepare in advance for) the coming crisis. They know that they will be able to buy great assets at low prices.
SUMMARY:
- Financial literacy will help You make the right daily decisions about their money and savings.
- Live within your means. Do not "play" millionaires, when they are not.
- first of all invest your money and buy assets. It is guaranteed to make You financially wealthy man.
ADVANCED:
- Read my other article "What skills are needed to become rich".
- Read my article "Where NOT to invest? TOP 3 most dangerous for the money."
TO consolidate the MATERIAL VIEW MY ANOTHER VIDEO:
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