Someone wants to learn how to save, while someone believes that it is better to learn how to earn more. Meanwhile, many successful people openly declare that the secret is in balance: first you need to master the methods of saving money, and then start looking for ways to increase them. Millionaires report this in numerous interviews, and the most interesting tips become aphorisms and fly around the Internet.
We at Happy Worthy Life decided not just to read quotes from famous people for inspiration, but found them to be used in life. And they found 5 “no” and 5 “yes”, which urgently need to be said to everyone who wants to forget about problems with money.
1st “no”: stop focusing on cash savings
One of the most famous businessmen and inventors of the twentieth century, Henry Ford said: “Old people teach us how to save money until better times. This is very bad advice. Do not save nickels in the bank. Until 40 years, I did not save a dollar, everything was invested in further development. “
Investing in yourself can change your life. Such investments are not subject to inflation: no matter what happens, good health, education and knowledge of several languages will be valuable. The more skills you have, the greater the chance of success in this life.
3 main investment groups:
- Skills and abilities: education, reading, courses.
- Physical health: proper nutrition, vitamins, medical examinations, sports.
- Moral health: relaxation, communication with friends, entertainment.
2nd “no”: forget about uncertainty
One of the best time management practitioners, Bodo Schaefer, recommends: “We must do, not try. He who wants to try is ready for failure. And in the end, he doesn’t succeed. There are no attempts. Either you do something, or you don’t. ”
Starting any business, wealthy people are committed to success. They see no obstacles and throw all their strength into getting what they want. People who can later make a fortune are guided by the fact that “it will work because I will make it work.” And do not start the business after the sleeves. Poor people often sin by such behavior, do not know what they want from life, and justify themselves with the phrases “well, at least I tried”, “if I try, I will try something else”.
3rd “no”: do not think about the convenience of others
Each of us happened to agree when in fact we really wanted to answer no. Entrepreneur Warren Buffett is one of the three richest people on the planet, he earned billions, initially having nothing, so it makes sense to listen to his words: “If you have the opportunity to choose, it is much more important to say“ no ”than“ yes “”. This skill is very important: if you follow the lead of others, there is a risk of being held captive by other people’s desires and forget about your goals.
Often parents, without even realizing it, teach children wordless submission: you must not mind, you cannot make noise. In adulthood, this is fraught with the fact that a person will be afraid to show their true feelings. The result may be a marriage without love, unloved work, communication with unpleasant people. However, “no” our body can speak for us – if, for example, the work is not comfortable, the body will say “no” with frequent illnesses.
4th “no”: do not buy the attributes of a rich life
Entrepreneur Mark Cuban grew up in a simple family, but managed to become a billionaire and the owner of a basketball team. He believes that you should not focus on material things: “It does not matter which car you drive. It doesn’t matter how you dress. The more you think about money, the more difficult it is to focus on goals. The cheaper you can live, the more options you have. ”
After increasing salaries, many people start spending more – they buy a more expensive car, go shopping more often, order food. As a result, they do not become richer; their wealth remains at about the same level. Only if you earn more and spend less will there be free money that you can invest in your development.
5th “no”: do not waste time
One of the main business geniuses of our time, the founder of Starbucks coffee chain Howard Schulz remarked: “Great accomplishments are not accidental.” Many people want to quit work in the office and do what the soul is up to: become a photographer, traveler or writer. But it’s better not to do this until there is financial stability.
The best option is to live on income from your main job and do your dream business in your free time. You can get up a couple of hours earlier, use the lunch break, do your favorite thing in the evening instead of watching TV shows. When there is enough money from additional work to pay bills and everyday needs, then you can leave a bored place without fear.
1st “yes”: look for inexpensive quality things
This admission from one of the richest people on the planet Warren Buffett may seem strange, but he says: “I don’t care about socks or stocks: I like to buy quality goods at discount prices.”
Price is what we pay for, and value is what we get. However, losing your head at sales is not a good idea, since you can collect a lot of goods that you do not need at all, and spend money on nonsense. Be selective when choosing the necessary things, look for the ideal price-quality ratio, avoid impulsive purchases, and then you will be able to maintain honestly earned money.
2nd yes: focus on opportunities
Well-known author of self-development books Robert Kiyosaki is sure: “The word“ impossible ”blocks your potential, while the question“ How do I do this? ”Makes your brain work to its fullest.” It is this message that activates the brain, and it begins to look for solutions. “Impossible” is just a word, and with a great desire, even the most secret dreams become reality.
Parents should teach this to their children, not to limit their potential, to tell inspiring stories about people who have changed the world, and to inspire that everything is possible – you only need to passionately want to improve yourself and your life.
3rd yes: Value what you have
And one more wise saying by Warren Buffett: “Buy only what you would love to own if the market closes for 10 years.” Modern psychologists sometimes equate shopping with therapy: shoppers want to enjoy the quick pleasure that impulsive shopping brings. Short euphoria ends with regrets when the acquired bothers or goes out of fashion.
It is better to buy a more expensive wardrobe item, but from quality materials. And if you really want to be in trend, then you can join the movement of informed consumption and eco-shopping. People who care about their material condition and the future of the planet exchange things, buy what they need from other people, buy second-hand goods and use the same gadget for years.
4th “yes”: learn to see a lot of small things in a big business
Army General Dwight Eisenhower owns the saying: “Plans are nothing. Planning is everything. ” The first is the goal, and the second is the path and vision of how the goal will be achieved. Even if everything changes in a matter of seconds beyond recognition, the planning process itself will allow you to delve deeper into the situation and adjust the actions so that in the end the goal is achieved. It will become easier to distribute time between tasks and not waste it. A plus will be the fact that you will not forget even the smallest matters.
5th “yes”: and finally, relax more
The name of the first official dollar billionaire in the history of mankind, John Rockefeller, is known to everyone, and this is what he recommends: “Whoever works all day has no time to make money.” This means that if you work daily without raising your head, then there simply will not be an opportunity to see the world as it is. And without a fresh and sober look, there can be no success in work.
Bill Gates supports this idea, stating that “business is a game in which the maximum of excitement is combined with the minimum of rules.” And do not turn the game into a routine. Know how to disconnect, so that you can be filled with new ideas.
Do you follow any rules or tips on saving and earning? Can you recommend any methods, tricks or books that have helped you improve or maintain your financial situation?
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