7 Laws of Money



Each person has their relationship with finances. Someone with money friends, someone not really, but almost everyone wants to have money as much as you need and even more. As a rule, the money like those who know how to handle them, and be their laws. These laws are not so complicated. Many ignore them, assuming absolute nonsense - and it is in vain. After all, the money required to respect themselves, and the laws of money - even more so.

1. The Law of choice
Its essence is simple: each person chooses him to be rich or not. We create hundreds of beliefs that limit themselves - do not believe either in their abilities, any opportunities that surround us, but consider yourself smart enough.

2. The law of capital
Here we are talking not just about money. Original capital - it is your ability to earn. The amount that you get today is a measure of how much you have developed the ability to earn money. Increase your personal value, to develop their abilities and skills. Strive to work no more, and better. The best investment - an investment in yourself.

3. Law prospects
Taking financial decisions, to count their steps in advance. In other words, starting a new business or project, it's silly to count on a quick profit. Let now your income is low, but if in the future of your business can increase its dozens, if not hundreds of times - be patient and follow the plan. Rich people always look to the future.

4. Law savings
You should always set aside 10% of their income. At first glance it may seem that this is too much, and situation in life there are different - debts, unforeseen major expenses, too little income, etc. If 10% - this is for you too large sum, start with at least 1%. Then, after a certain time delay the start for 2 or 3% and gradually bring up to 10%. The money - your financial reserve that will allow you to feel relatively safe.

5. The Law of investment
One of the most important cash laws. Never in a hurry to part with their money and, before investing, please read carefully what cause in which you are going to invest their money. Money - is in some sense part of your life, because you have spent some time in order to earn them. So whether or not to treat lightly the results of their work? Always ask yourself: what happens if you lose everything that you are going to invest? If this loss will be painful for you, it is reasonable to refuse such an investment, because it is better to keep what you have than to lose their belongings.

6. The law of conservation
The strength of your financial future is not determined by how much money you earn and how much you earned from the remains. 10% of those that you set aside - do not count.

7. Law analysis
Regularly Take time to analyze your financial situation. And it should be done more than once a year, and at least once a week. Reflect on how to dispose of his own money wiser. The more time you spend thinking about finances, the more thoughtful and reasonable will be your decision.

Tags

See also

New and interesting