How to create and accumulate wealth

A new chair for the new sofa, a new table for the new chair, new furniture for the new table, a new house for the new furniture, some of the people are slowly bankrupt.

Thelles Banam, who started out as a grocery store clerk, created the world's largest joint circus and was one of the richest. His idea of wealth and his way of accumulating wealth are different. He showed us the simplest and surest way to create and accumulate wealth, and listened carefully to the teachings of the self-made man who believed it would help.

Most comfortable, refusing luxuries

One of the easiest ways to get rich is to live within your means. As Mr Micawber (a figure in David Copperfield, the British writer, Dickens), he said, "a man who earns 20 pounds a year and spends 20 pounds 6 pence will be the most painful thing." On the contrary, if he earns 20 pounds a year and spends only 19 pounds and 6 pence, that is the most pleasing thing. "You might say," We know that. It's called thrift, like eating a cake, and it's gone. "But it is one thing to know, and a lot of people are bankrupt in the knowledge that this is the truth."

Thrift always means receiving more than one. Old clothes can be worn again, new gloves can be temporarily not bought, food can not be too fastidious, the house can live smaller, can do things themselves do not hire others to do. In such circumstances, unless there is an accident, otherwise a person in his life, will certainly accumulate a sum of wealth. This penny, that piece of money, if saved, plus interest, will continue to increase. If you understand reasonable investment and financial management, such as investing in real estate at the right time and converting the bank's money into government bonds to get higher interest rates, your wealth will grow faster. I suggest you start from now, prepare a brochure, draw a form, and record your expenses. Forms can be divided into three columns, a column for life "Necessities", a column for "comfort", and then a column for "luxury". You will soon find that the money you spend on comfort or luxury goods is much more than the necessities of life, sometimes more than 10 times times. Such costs are not necessary. "It was someone else's vision that ruined us," Dr. Franklin said. If all the people in the world except me are blind, then I do not care what is beautiful good clothes, what is gorgeous furniture. "Even if there are no blind people in the world, you don't have to be in the mood to be happy with your own money," he said. Rely on more than the capacity of consumption to maintain face, chew approach is not desirable, once the truth of the matter is exposed, but it will make people more despise.

Beware of buying horses for the saddle

I had a very wealthy friend who had bought a new couch for his family when he made a fortune on a business. That couch, it cost him 30,000 dollars! Sofa arrived, but found that the coffee table does not match, and then replaced the tea table, then the table, chairs, until the end of the entire furniture has been replaced. At this time, but also found, and radiant new furniture than, the house is too old and too old. So he tore down the old house and covered it with new furniture. "That's it," my friend said, "For the couch, my expenses are up to 300,000 dollars." and to maintain it, I have to spend 110,000 dollars a year. Before that, I could spend thousands of of dollars a year and be comfortable, and not so much bothered, not so much to worry about. The couch nearly dragged me to the brink of bankruptcy, but if I hadn't stopped and made some money with the help of my friends, I would have been completely finished. From then on I determined to control the desire to spend money, cut expenditure, I will never do this for the saddle to buy horses stupid. ”

The friend no longer does such a foolish thing, but many friends repeat the same folly every day. For example, buy a new dress, and then to match the corresponding necklace, watch, handbag, the corresponding trousers, shoes, and then to replace the corresponding car, and then to the identity of the restaurant in the future ... Such consumption is inexhaustible. Even a wealthy person who consumes in this way will soon be able to swing the money, just like my friend. Besides, some people are not very rich.

Watch out for consumer debt

Young people who have just begun to live independently are particularly cautious about avoiding debt. Debt can easily deprive a person of self-esteem, even make people despise themselves. When creditors come to debt, you have no money to pay debts, Sipilailian, over time, you will become a rogue, do not know what dignity. Once a millionaire in the country taught his son: "John, do not go on credit, do not credit, you go to credit some manure, they can help you debts." "This means that if you want to borrow on credit, it should be for investment, in order to make more money, accumulate more wealth." If just to eat and drink, put on good food, live in a big house, drive a good car, in front of people chew, then do not borrow. I do not understand how foolish it is for some people to borrow money for luxuries, to buy a fur coat, to borrow for a new, better car. When you have no money, you will discover how happy you are to live within your means, and that simple life can be filled with sweet taste.

It always pays.

No matter how hard you are, and no matter how tired you are, do not push what should be done to the future, even if it is postponed for an hour. The number of people who rely on diligence to achieve success in life, but their neighbors in order to sleep a few hours a day to spend more and more poor life. Morale and diligence are two essential factors in successful life.

God helps those who help themselves. Some people just sit around all day complaining about it, complaining about it, complaining that everyone has a chance to get rich and he has no chance. Chances don't fall from the sky most of the time. I once heard a story about the Prophet Muhammad. It is said that one night, Muhammad was camping in the desert with his followers and followers, and he heard the weary believers and attendants talking: "I'm not going to tie the camel again, let Allah go to the tube!" No, No. "The Prophet said:" The camel should be tethered first, and then to Allah arrangements! "

Do what you can, believe in God's help, or whatever you call it. But don't forget to do your best!

Don't always think about spending other people's money

There was a young man who was lazy to walk and work. Once I asked him, "Why do you always look listless all the time?" "The young man had read a book, had a good education, and had a high degree. He said: "I have so much education is not for the last to be a man." I have to do it myself and be my own boss. I said, "That's good." So why don't you start doing it now? "I don't have the money to start," he said. "Then you will have start-up funds?" "I'm waiting." "What are you waiting for?" "Wait for my start-up funds. ”

Then he told me that he had an elderly aunt, very rich, "she is not a few days to live." If she's not going to die soon, I'll find some other rich old guys. They will lend me thousands of dollars so that I can start. Just get the money to start the business. I'm sure I'll do well. "How could he have such an idea?" I can't believe it! Don't say if he is really able to get the start-up money, even if it is, I do not believe that he can do well. The money that has not been obtained through the ordeal is not reliable, this is the reason that the cash comes fast and quickly. In such a situation, he would not know the true meaning of money, the real value of money. There is no self-discipline, discipline, thrift, patience, perseverance, always rely on other people's money rather than their own accumulation to create a career, this mentality is terrible, it is impossible to achieve success. How did the young man, such as his aunt, succeed in his expectation? As far as I know, 10 out of the affluent elderly in our country, nine are poor children born from scratch. They rely on their firm will, determination, hard work, perseverance, thrift, and good habits, to achieve success. In the process of their growing up, they will save money carefully to achieve their later years of affluence, which is the best way to accumulate wealth.

Don't expect to drop pies in the sky! Don't always think about spending other people's money! Unto Impose! This is my advice to the young man.

Concentrate on all the power

Stick to a nail and knock hard until it finally drills deeply and thoroughly. Focus on a cause, stick to it until you succeed, or until experience tells you you can give up. When a person's energy is not dispersed, all attached to a task, his mind will always think about how to improve the task, then he will continue to improve. But if the brain is full of more than 10 different projects, tasks, then the focus will be deserted, away from him. Wealth is slipping away from the hand, so remember, when you're doing something, focus all your strength and do it well. After doing this thing, do the next thing. As the old saying goes, it takes a piece of ground to fight, not all together, all together, you will end up with a heap of scrap metal. Beware of such a friend

When a man has money, we can usually see that he will gather a bunch of people. These people all claim to be his or her friends. They taught him how to play cards, how to smoke, how to identify different brands of cigars and wines, and in short, they were the stuff that made him pay out. The hard-earned money was quickly squandered on the "care" of these friends. Sometimes they also tell you where and how to have a good chance, "make sure you can make a fortune!" "As a result, you could lose tens of thousands of dollars in order to make a windfall of thousands of dollars."

These friends are best at you for the hype, in such a flattering, many people will soon get carried away, that they really have the Midas gold finger, is omnipotent immortal. You may hear one of them say, "Gee, I don't understand this business, only you can teach me." "So you teach him generously, completely forget yourself to this business equally ignorant, and in each other's sweet words, generously invested 10,000 yuan, then add to 20,000 yuan, 30,000 yuan, until you finally completely bankrupt, you suddenly wake up, but it was too late." At this time you realize that you are not a great immortal, there is no Midas gold fingers. Those "intimate" friends of the past are hubbub, leaving you alone in the taste of failure. I've seen too much of this kind of thing, and I'm sure I'll see more of them in the future.

Never spoil your hard-earned money. When you have money to come to your friends, closely follow your friends, will you boast a flower-like friend, and when you have no money, before you make a fortune before the sight of friends, are not true friends. You have to be careful with such a friend!

Don't brag.

Some people have a lot of stupid habits, and one of them is bragging. Money has not earned much, it is blowing everywhere, millionaires blow into millions of billionaires, millions of billionaires blow into billionaires. Not only do they not have any harvest, but often let them into a helpless predicament, then, someone asked you to borrow money to do? Do you borrow or not? What if someone asks you to donate more than you can afford? Are you donating or not? Therefore, in my experience, do not boast, bragging has no benefit. As a child, bragging can make you lose your reputation, and, seriously, you may create many obstacles to your career that should not exist.

Maintain integrity

Integrity is more precious than diamonds and money. An old and dead Miser said to his son, "Be sure to make money, be honest and earn money, and make money if you can't." "This advice is not only wicked, repulsive, but also a concentrated manifestation of the essence of stupidity." In fact, he seems to be saying, "If you think it's not easy to make money honestly." That dishonest money is not difficult to earn, it is worth to earn dishonest money. "Poor fool, he did not know that the hardest thing in life is to make money dishonest." A dishonest man won't be able to hide at the mall for long. Will soon be discovered, and once discovered, the door to victory and success will be closed to him: for such a unprincipled, unscrupulous person, one has to have misgivings, fear of deception, and fear that his dealings with him will tarnish his reputation for innocence.

Those who lack integrity cannot truly enjoy the joy of success, for true joy requires a peaceful and tranquil heart to truly appreciate.

Money itself does not matter good and evil, it is people's desire for money, only to make money become the source of the so-called evil. As far as money itself is concerned, if used properly, it is not only an effective helper in the home, but also can bring happiness and satisfaction to oneself and others. As Shakespeare said, money is a good friend of people. The desire for money is omnipresent, blameless, but remember that when you have enough money, you also have to take on the social responsibilities of having a lot of money, such as Shithio and generosity.