Understanding the three words can become millionaires belts
louis vuitton belts As we have learned, home general middle white-collars, currently in widespread lack is several important financial concept — these concepts will affect their subsequent behaviour, if they can honestly execute these financial management concept, at least 10 years, then insisted that everyone can be a millionaire.
The first financial management concept: to distinguish between “investment” and “consumption”.The average person consumption before, no such concept of economics, before spending would consider this consumer belongs to “invest” behavior or “consumption behavior.
First look at an obvious example:
Ten years ago a and b is undergraduate course
louis vuitton belt of classmate, in social work five years later, coincidentally accumulated 30 million yuan RMB. Five years ago, they all spent this 30 million yuan.
Armor to tongzhou bought a suite. B bought a car audi “.” Five years later today: armour of the house, the market value of 60 million yuan. B second-hand, wiping only 5 yuan.Two current assets, obviously had the very big difference, but their incomes are all the same, and as such qualifications, basic have the same social experience, why everybody wealth different?Armour “invest” money buys a house is QianJiShi activities - no flowers out, just a transfer in house, later still himself all.B spend buying a car is a “consumption behavior –, money is costing, gives others, second-hand used ten years later, almost a points worth. Car with house is different, house ten years later, perhaps has turned over several times since.
The second financial management concept: “harvard” dogma.In the famous American first Harvard University, the first class economics class taught only two concepts.The first concept: “invest” money to distinguish act or “consumption” behavior.Second concept: monthly wages of saving 30% first, and the rest for consumption.Harvard teach come out of the person, later were rich, not a primary school background, because they are generous, but their monthly income of behavior, with the general ordinary only a little different:
Harvard dogma: saving 30 salary is yongda left to consume.
louis vuitton belts for men Monthly savings money is a most important goal, will only overfulfilled, the rest of the money on more and more.
The average person: the first to spend money, then how can remains how many savings, saving the rest of the money is not much.
The third financial management concept: “financing three words”
(1) monthly savings 30% wages, first savings, consumption after (2) TouZiNian return above 10% (3) year on, hold for 10 years
Financial go out this three words, every word you have to dig, implemented completely, cannot so-so, part-time gens can become rich.
Buffett in his books say his six-year-old start saving, 30 pieces per month. To at the age of 13, when he had three thousand, he bought a stock. Annual insist on savings, annual insist on investment, ten years like one day, he insisted on 80 years. Now 85 years, is America’s richest man, than “Microsoft chairman bill?” Gates and money