Financial Treasure: Four Tips To Make You "Rich In Your Life"

Four habits that make you "have the whole life"

U.S.A

Thomas Stanley, an American scholar, surveyed tens of thousands of millionaires, and 84% of them started with savings and money saving. About 70% of the millionaires worked 55 hours a week and still took time to make financial planning. These millionaires spent less than 7% of their total assets a year, even if they did not have income from work, and they could eat for more than 12 years.

Millionaires spend time on financial planning. How can white-collar workers be too busy to examine their income and expenses?

You have to be careful of some bad habits before your financial habits are established.

Many people in the workplace do not have the habit of saving or saving money. Instead, they develop bad habits of defaulting on credit card debt. As a result, life begins not from scratch but from negative numbers.

Financial management is not only an investment, but also a habit of gradually developing "making money, saving money, saving money and rolling money". These habits can let you have a rolling financial resource.

Efforts to make money, accumulate "first pot of gold".

For those in the workplace who seldom have unexpected windfall, we must raise their work income as the most important goal.

With the increase of salary, you can quickly accumulate the first pot of gold for financial management and investment.

You can set up your own financial intelligence network, such as visiting the banks like rich people, collecting financial intelligence and so on.

Spend more time with people who have a sense of investment and financial management than you, and lay the foundation for future investment.

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Regular deposit ratio

Keep an eye on expenses and save money.

If you want to save money, you must keep accounts.

Bookkeeping can identify loopholes in your spending, and the effect is obvious.

In addition to examining expenses, people should also cancel the "dormant accounts" which are not used for a long time. The balance in these accounts may be the "first payment" of a million deposits.

Money is rolling, set the 5 year plan.

Saving is a cumulative accumulation of money, while investment is accumulating wealth by multiplication.

The sooner you start, the better, but you shouldn't start investing too early.

If there are no good ideas and strategies, the possibility of losing money is great.

Therefore, Yang Weikai stressed that the first pot of gold for young people accumulated at least 75% by way of increasing revenue and expenditure, and the other 25% was invested.

And the time to deposit the first pot of gold should be set at least 5 years. "Because time is short, it will be urgent and disdain to invest for a long time".