Sometimes spending money is more important than making money. Why do you say that? Just look at Tai Sen.
He used to be a billionaire, but his life was extremely luxurious, and he never learned financial management knowledge, leaving all his wealth to others to take care of. In the end, all the money was taken away, and the rest was spent, from a rich man to a poor man.
This also proves a truth: when a person's cognition does not match his wealth, the world has countless ways to destroy his wealth until it matches his cognition.
It's not your fault that you can't make money. It's your fault that you don't cherish money.
What shocked me most was a short story by Li Ka-shing. It is said that it rained heavily one day. Li Ka-shing was about to get off the bus when a coin rolled out of his pocket. Li Ka-shing insisted on picking it up, but his secretary stopped him for fear that he would get wet in the rain. The last waiter picked it up for him, and Li Ka-shing immediately rewarded the waiter with one hundred dollars.
As a billionaire, Li Ka-shing cherishes money very much, and he doesn't want to waste a penny. This reminds me of a sentence: money will treat you the way you treat money.
Financial management is not the patent of the rich, and ordinary people should also manage their finances as soon as possible.
For ordinary people, living expenses account for a large part. If you don't plan ahead, you will only be caught off guard when you encounter sudden changes. Therefore, it is necessary to learn financial management knowledge now and use the compound interest effect of time to counter the risks of inflation and currency depreciation.
For example, when a child is born, you start to give him a fixed monthly investment of 1.665 yuan. Assuming the annual rate of return is 65,438+00%, you can easily have an education fund of 654,380+000 when he is 65,438+08 years old. However, if you start investing at the age of 10, you need to invest more than 6,000 yuan every month to achieve the goal.
Replace consumption thinking with investment thinking.
What is consumption? Consumption is everything that makes you pay, such as all kinds of buy buy purchases that satisfy your desires. Investment is something that allows you to generate income, such as buying a house and collecting rent.
Harvard's financial management regulation is "save 30% first every month, and the rest can be used for consumption", because the premise of investment and financial management is saving.
In addition, the famous saying about financial management is "you must invest, the comprehensive rate of return is above 10%, and both savings and investment should last for more than 10 years".
Financial quotient is very important to everyone. Only by actively learning financial management knowledge and improving financial quotient can we gain more wealth and fight against financial risks in our lives.