1. Wealth is not a number. Instead of chasing a specific amount, focus on creating a sense of security, freedom and control over your life.
Real wealth is having enough money to live comfortably and pursue your passions without worrying about financial worries.
2. Time is your most valuable asset. Compound interest is a powerful tool, but it takes time to work its magic. Starting early, investing consistently, and letting your money grow slowly and steadily is the key to building long-term wealth. Don't underestimate the power of patience!
3. Risk is everywhere: this is not
only about investments. Every decision you make involves a certain level of risk. Learn to manage this calmly and rationally, without allowing fear to paralyze you. Remember that calculated risk can lead to big rewards.
4. Greed and fear are your enemies. Greed can lead you to make risky decisions, and fear can prevent you from taking the necessary steps. Learn to recognize and manage these emotions so you can make better financial decisions.
Beware of get-rich-quick schemes and impulsive decisions driven by fear of missing out.
5. Happiness is not the same as financial success: money can buy comfort, but it does not guarantee happiness. Find joy in relationships, experiences and personal growth, not just in your bank account.
True happiness comes from within, not from external validation.
6. You are a stranger in the future: Your priorities and needs will change over time. Make decisions that will benefit you in the future, even if they seem uncomfortable now. Invest in your health, education and skills to build a secure and fulfilling future.
7. Luck plays a bigger role than you think: Some people are lucky, others face unexpected problems. Accept that life is not always fair and focus on the things you can control: your choices and your attitude. Resilience and adaptability are key to coping with life's uncertainties.
