Don't be like everyone else! Rich people know how to manage and manage their money. Otherwise they wouldn't be millionaires. Manage money like a millionaire!
Many people want to eat cheeseburgers, play the lottery, go shopping and watch TV. This is where their fantasy ends. They live in an age of consumption. But there are people who live differently. These are millionaires.
Don't be like everyone else! Rich people manage their money differently than ordinary people. They have a different mindset, goals and methods. Even if you are not rich, you can act differently. Like a millionaire How to manage money wisely?
Manage money like a millionaire
1. Desires and needs
We hide desires behind needs. I need a new phone, an expensive car and a big house. We dream about something and make that thing a necessity. But do we need it? Why justify dreams, fantasies and dreams with need? An old phone works great, you have almost nowhere to go by car, and an ordinary apartment on the outskirts of the year is a good option. We come up with different desires, and then we feel unhappy. We confuse desires with real needs.
2. Assessment of financial capabilities
Spend less and earn more. Spending money you haven't earned is easy. Life on credit and the pursuit of a beautiful life does not lead to anything good. Assess your financial capabilities. Don't spend more than you can afford. Be humble and don't try to lead a lifestyle you can't afford. This trouble concerns all young modern people.
3. Avoiding loans
A reasonable approach to loans would not hurt anyone. Some people take out loans to buy something faster. But this is fraught with financial troubles. Multiply the monthly payment by the number of months of the loan. What is the final amount and overpayment for haste? Avoid stupid credit traps. It is better to accumulate the necessary amount and save money.
“The media, our culture, everything lays eggs under my skin. Big Brother fills me with the desire to satisfy needs. Do I need a big house, a fast car, a thousand reliable beauties for sex? Do I really need all this? Or have I been dragged like that?” Chuck Palahniuk
Companies and the consumer society won't let you live in peace. Companies create a new desire in a person and force them to buy something completely unnecessary. The modern world eliminates the need to think. They will tell you what to wear, eat, watch and buy. They impose their outlook on life. They want to create a holiday of limitless consumption. An educated person is the worst buyer. He does not overpay for goods and does not buy unnecessary things. Be minimalist and don't listen to those half-naked chicks on TV.
5. Improving the financial situation
Look for where to invest earned money, how to create passive income. Sometimes it's worth sacrificing a better income for long-term gain rather than short-term money. Contact consultants and professionals who know how to earn and invest. Read books and articles about finance. Rich people have written many books about their success.
6. Saving and spending
"I'm not rich enough to buy cheap things" Baron Rothschild
Don't let yourself be a victim of suspicious discounts and savings. Cheap will not serve you faithfully. Buy quality items.
Manage money like a millionaire and manage accordingly. Money is not everything. Money cannot be the goal. We are strong and smart people to focus solely on banknotes. Realize your dreams and plans. Do what you love, take time to be creative and be yourself.