857
10 keys to your financial success
Key №1
Decide to be financially successful man. This is very different from the simple wishes, hopes, or even lust to be rich. Create such a state that it has already happened! Financial independence - it's your decision! You have chosen to achieve this goal?
Key №2
Understand how money works. Most people have never studied finance or in school or in college, or in everyday life. Most people never have made efforts to make the balance of their monthly income and expenses! To control something, you have to understand how it works. Read. Study what successful people do. Take lessons from them.
Key №3
Identify your relationship to money. Many people are keen on spending, and quite negligent in this regard. No matter what you do at the moment relationship with money, understand it, and create a relationship of respect, recognition and gratitude. Use your money to control their own lives, and do not let them control you.
Key №4
Set clear financial goals. They must be high enough, but not incredible. Challenge yourself to become financially free man by a certain date. Decide to save and invest a certain percentage each month.
Key №5
Develop your own budget. What you really want to use the money to benefit both yourself and your family, and to manage their own lives. Create a budget to buy useful things that you really want. Eliminate fleeting "momentum" that waste plenty of our income. Budget - a map to your destination. Develop a map, and use it in motion to his vision of life!
Key №6
Try to reduce costs. When you start to manage your money, you have good reason to reduce costs. Most self-taught millionaires live far below their means! You should do well. Remember one thing. This is not the limit! This decrease is a waste of resources!
Key №7
Examine the question of investing and start investing. Invest in things you know. Invest cautiously, wisely, and regularly. The goal is not immediate enrichment, but to get rich over time. Know and adhere to the fine line between gambling and investing your money so that they work for you.
Key №8
Increase their own assets. Most people try to increase their personal income, and it is - a mistake. Making more money means paying more taxes. This appearance and providing new opportunities. This takes time and hard work. And when wealth comes in the form of cash, they are easier to spend. Millionaires buy stocks and buildings, they invest in assets that would make them rich - and it's hard to spend a passing fad!
Key №9
Find a competent consultant and try to reduce taxes. Most people pay too much tax. Taxes - is your biggest expense! The poor and middle class do not realize how much they are paid, because it is simply deducted from their wages. The rich know that there is a legitimate and appropriate ways to protect revenues. Learn the tax laws, and use it for your own benefit!
Key №10
Your wealth must be used wisely. Someone once said, "the reason that most of us are poor - that we spend all this on themselves." Share. Help others. When you use the money to change the world for the better, you get a chance to do even more. Being greedy and selfish, you're not attracted to money itself.
What to expect from science in the next 50 years
The Dalai Lama for the convergence of science and spirituality