The laws of money management.

in #money8 years ago

Our topic today is the subject of the conduct of the funds laws Valoktar who has money and does not know how to conduct and use them so you brought this topic in order to improve the exploitation of your money and so all these methods of the following laws:

  1. The right to choose
    Successful people claim to be rich or poor - the choice of man himself. A person born in a poor family with very early age begins to learn about money the wrong settings, limiting itself, as once his parents. It all starts with the fact that the more the child's head pierce, that he will not be able to achieve great success, because it is poor, it lacks the ability, capacity, and other things. But you need to believe in yourself! We have no restrictions, we can achieve anything, take enough right decisions and take risks wisely.
  2. The strength of the capital
    In life, it is imperative not to be able to save money and be able to make them. Availability of capital is nothing if you do not have a developed skill of making money, as any capital may be exhausted, and the ability to earn will always be with you. Do not forget that the most correct investment - an investment in yourself, because you can fight off the money plus. Remember that your income - is a reflection of your ability to make a profit. In actual fact, the profit can be obtained from almost all, but only in the event that you will develop a relevant skills. Work on their knowledge, invest in yourself, learn to earn!
  3. Rule distant benefits
    Standing at the crossroads between the choice of immediate profit and long-term benefits, always choose something that can bring you more fruit. More often than not, success is not instantaneous profit but outlook. Only short-sighted people between career advancement and salary static choose the latter. Far-sighted people also stock the patience and will to follow his plans. Aspiring to wealth are always looking to the future.
  4. Hold off on a "black day"
    Since the situations in life are different, and trained them to be at 100%. That is why you have to set aside 10% of their monthly income: only in this case mean unforeseen circumstances with respect you will not worry about their fate. Perhaps this amount seems too high, but in fact it is the most acceptable. In an extreme case, start delay from the percent that can afford: 1%, 2%, 3% ... Gradually increase the size of your investment, but never turn down: people are very fickle creature, once invested less, he will begin to do it all the time .
  5. The rule preserving the "masses"
    Incredibly important not only to make good money and save 10%, but also to have the remainder of the money that you have earned. If you spend every penny, again not counting the 10%, with such spending a fortune to be seen. In order to implement any major desire, you need to have a big opportunity, and spending more than you get, you may not see for a long time.
  6. Money Investment
    Money without investment - it is not the capital. Capital - only what is profitable and does not lie dead load or wasted. So you need to look for affordable ways for you to invest money to make a profit. However, thoughtless inserting money into everything - even worse than no investment. Before you invest the money somewhere, you have to think carefully about the situation, to make a detailed analysis of what would happen if I was burned on this matter? How much do I lose, and after the loss if I can again stay afloat? If the answer is - yes, easily invest money. And if you understand that in the case of the event of failure, you will be just barefoot, then set aside such Prospects. The risk must be wisely, otherwise it is not a risk and recklessness, that money does not suffer.
  7. Analyze
    You have to feel the need and have the time and the ability to analyze your financial condition. Mainly - your finances. Money likes to be seen as money like to dispose of them. Therefore, do not avoid spending time in the preparation of plans and strategies: so you will save yourself from big losses.
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It's very interesting post!
I read all that , great job :)

Very interesting thanks for these tips dear friend @hasnisaidi