Rules for financial success. You and I are all mortals. To live in this world, we still need to have an economic foundation. If you don't manage your finances, your finances won't manage you. You should manage them, and then they will come to your home.
1. Make a budget.
You need to make plans for your own money.
2. Buy assets.
In recent years, buying houses and gold in various countries has made money. Although the real estate market in my country is sluggish, in many countries, real estate is still favored by investors, such as North American real estate has been rising.
3. Read more.
Reading more is not wrong, whether it is ancient or modern, Chinese or foreign.
4. Invest in yourself. Investing in yourself is the investment with the highest return rate and no risk.
5. Avoid the inflation of living standards.
Don't show off immediately after making some money, spend it all, and make more investments.
6. Marry the right person, everything will go smoothly, and the quality of life will also improve. Otherwise, it will bring wind and rain. Because of the trauma of my original family, my two marriages were all poverty alleviation. Only after healing can you find the right person.
7. Learn high-income skills.
Don't just invest when you hear about high-return investments. You need professional skills to ensure that it is a high return, not a loss of principal.
8. Pay off high-interest debts.
Don't hold high-interest debts for a long time. You will give your hard-earned money to others, and the pressure is too great.
9. Live within your means.
How much water and how much mud, don't overdraw to consume.
10. Cut unnecessary expenses.
Many expenses can be cut, so make a budget.
11. Use part of your income for investment.
The money used for investment must be closed funds. You cannot borrow money for investment, otherwise you will lose money, and there are so many people who jump off buildings.
12. Establish a network link with high achievers.
The choices of high achievers are often right. Listen more and see what they are doing.
13. Be patient and focus on the long term.
Do many things, don't rush, Buffett holds stocks for decades.
14. Create diversified income sources.
Diversified income sources can resist risks. If the situation in one area weakens, there are other income sources to support it.
15. Understand strategic tax planning.
The more you earn, the higher the tax, and this is the same in all countries. Reasonable and legal tax avoidance can save you a lot of money.
