In fact, ordinary people need it more! We need to learn from rich people.
Financial management is a concept and an attitude towards life. In addition to IQ and EQ, the most important thing to learn is financial intelligence. Although money is not everything, more than 70% of worries are caused by money! So it’s time to learn financial management. However, there are not many institutions that specialize in teaching financial intelligence. Chinese people’s “financial intelligence” is slowly “enlightened” from life, and they have learned many lessons and taken many detours. ?
? Income is actually like a river. Expenditure is the water that is spent. Income minus expenditure, what is left in the middle is the wealth that is retained. So we say that wealth is like a reservoir, and financial management means managing your family's reservoir well, increasing revenue and reducing expenditure. ?
There are several reasons why many people do not manage finances nowadays:
1. Many people say that financial management is a matter for rich people. If I have no money, why should I manage finances?
Some people will say: "I have no money, how can I deal with it?" Or they may say: "The money I earn is not enough to spend, how can I deal with it?" In fact, this is the key point. Financial management is not the same as investment, but financial management includes investment and is greater than investment. Suppose you originally wanted to take a taxi today, but because there was no urgent matter, you changed to the bus and saved more than ten yuan. This can also be called financial management, and there are many examples.
"If you don't manage your finances, your finances won't care about you." I believe everyone will say this. But knowing does not mean being able to do it. There is an old Chinese saying that "wealth cannot last more than three generations", which means that even wealthy people will end up squandering it all or even getting into debt if they don't know how to manage their wealth. Boxing champion Tyson is an example of someone who failed to manage money and led to bankruptcy. Surveys show that 80% of the world's super-rich have been unable to keep their huge wealth in the past 20 years. However, almost the entire British aristocracy has been a wealthy aristocrat for centuries. The reason is that understanding that continuous appreciation of wealth is fundamental.
Financial management is not just for the rich. People with less money need to rationally arrange and plan their expenditures, spend every dollar well, increase investment awareness, rationally allocate assets to maximize benefits, and increase the value of their wealth.
Because I don’t know how to manage money, I don’t have much money. A bad way of thinking will lead to a bad result: the moonlight clan who eat all their money. Therefore, the first thing to change in financial management is financial thinking.
2. Many people say that I don’t have much money, and it would be too slow to use such a small amount of money to manage finances, and it won’t have much effect. ? One of the main reasons is not understanding the temper of money. What kind of thing is money? Money is a long-distance runner, an endurance athlete.
In investment terms, it is called pulling the flagpole, followed by a stage of accelerating the rise. So Qian is a long-distance runner, and the further back he runs, the more vigorous he runs, the faster he runs, and the stronger his endurance, which is different from ordinary people.
The numbers are scary. What you spend today is not just a dollar, but your pension. Many people drive and change cars very frequently in pursuit of immediate enjoyment. They ask if they have prepared money for retirement in the future. We will talk about the future later. I said, are you driving a car? What you are driving is your retirement fund. If you save a dollar today and start managing your finances, you will gain more than a little in the future. What matters is not how much money you have available for financial management, but whether you have started to manage money.
You can manage your finances even with little money. All millionaires start with one dollar. No millionaire starts with $999,999. Many people say, wait until I have money before I manage my finances. He wanted to start with 999,999 yuan, which was impossible. If you have 999,999 yuan, it proves that you have changed, become capable, know how to make money, and will start to pay attention to how to maintain and increase the value of your money. Only then can you have 999,999 yuan! (Haha, doesn’t it sound a bit convoluted?) Rich people’s money does not fall from the sky, and they are not fools! Therefore, ordinary people actually need more financial management! We need to learn from rich people.