The poor are poor, the rich are rich

Chapter 42 3 Has the lie of "no money to manage money" deceived you?

Chapter 83 Has the lie of "no money to manage money" deceived you

"I don't have money, so why manage money!" This sentence is very popular, and it seems to make sense at first glance. Money is the foundation of managing money. How can you manage money without money?But the crux of the problem is do you really have no money?I'm afraid the truth of the matter is that you just don't think you have money. There are 1000 million investment methods for 1000 million yuan, and there are 1000 yuan financial management methods for 1000 yuan.Even a person with a monthly income of just over 1000 can experience the rewards and satisfaction that financial management brings to him as long as he plans reasonably.

Of course, the first thing to be clear is that financial management does not mean investing to make money. Financial management is a kind of planning and a process. This process may accompany you through most of your life.If you earn very little, you need to manage money even more, and spend every penny where it should be used, so that limited income can be exchanged for a better life.

The vast majority of wage earners start accumulating money from savings.Generally, the "new poor" whose salary is only enough to live on, no matter how much their income is, should first set aside 10% of their monthly salary and deposit it in the bank, and "do not use it" and "only get in and out", so that they can accumulate more , to facilitate future investment.Of course, you can't underestimate the ability to accumulate meager money. Just like the idiom, if you accumulate too much, you won't even believe it yourself.

Just like Ye Zi mentioned in the first section, Ye Zi’s monthly salary is really not high, but he can still save 500 yuan. If he saves 500 yuan every month, he can open a zero deposit and lump sum account in the bank. Not to mention the interest, after 20 years, the principal alone will reach 12 yuan. If the interest is added, the amount cannot be underestimated.If you can make full use of more investment and financial management tools, such as investing in national bonds, funds, or getting involved in the stock market, or opening a small store in partnership with others, then you will get even more rewards.Of course, investment should also pay attention to the issue of risk. If you do not pay attention to the assessment of risk, blind investment will not only make you no money, but also make your hard-earned savings go to waste.

"If you don't accumulate steps, you can't reach thousands of miles; if you don't accumulate small streams, you can't form rivers and seas", "Accumulate less to make more, gather sand to form a tower".So don't be blinded by incorrect concepts, and never think that you have no money to manage.

(End of this chapter)