Nowadays, many people live on credit. We take loans, hoping to pay them back as soon as possible, but the endlessly increasing inflation does not allow us to do this. As a result, we find ourselves hostage to a situation in which the lion’s share of monthly income is spent on paying interest, and the remaining part of free funds is again not enough, and we again turn to the bank for help. Problem? Definitely. And it needs to be solved, otherwise you will have to spend your whole life in debt like in silk. We look at rich people, successful people. Someone wonders how they manage not only to stay afloat, but also to flourish. Someone is sure that the point is unclean, “welded” on something illegal money. But maybe it’s a matter of a sensible approach to spending and planning your budget? The editorial board invites you to familiarize yourself with the nine rules of sound financial planning, adhering to which you will very soon notice positive changes in your financial condition.
The rich do not feel the need to raise their self-esteem by purchasing expensive, prestigious items. They calmly make a choice in favor of used cars, equipment, furniture. Why overpay for an item that can be obtained at a price much lower than the market price?
How often have you gone beyond your means buying bags, clothing, or equipment that cost twice your monthly income? Yes, I want to be beautiful, but not at the expense of financial freedom. Years of credit slavery, which you get into for the sake of momentary pleasure, will deprive you of the joys of life for many years.
Long lasting things
By opting for a very cheap product, you are deceiving yourself. In the hope of saving money, you get a low-quality item that will last four times less than the one that cost twice as much. The sooner your purchase loses functionality, the sooner you go shopping again. See the catch?
Wealthy people trust long-term investments. They are ready to invest and wait until they bring them income. The best deals come with time. Rich people learned this law long ago.
Of course, rich people have a rest. Moreover, they know how to relax with sense and taste. But they know the value of an interesting job, so they continue to stay in the saddle even after reaching retirement age. Work brings them pleasure, but a passionate person always endures idleness very hard.
Every day, a wave of high-quality ads hits you. Marketing is undergoing a new round of development, its techniques are becoming more skillful and cunning. Your choice is not really yours, only you do not know about it. Rich people see the tricks used to get into their pockets. They only buy what they really need.
Rich people are never too lazy to keep track of profitable promotions and savings offers. Why pay more for something you can get for less?
Proper planning of income and expenses is considered the foundation of financial success. Rich people count every penny. Taking into account all the expenses, you can calculate your largest items and reduce expenses on them.
Demonstration of consistency
Rich people don’t need it. They don’t have to boast about expensive things to boost their self-esteem. The self-esteem of rich people is already quite high. Rich people make a lot of money in order to enjoy all the pleasures of the world around them, and not to prove something to someone!
Plan your expenses, keep track of the money that comes to you, and systematically get out of debt. The accumulation will begin as soon as you go into the smallest plus.