Post by account_disabled on Dec 27, 2023 5:53:11 GMT -5
This, it is worth studying the different market possibilities, from fixed income to the stock market and choosing the investment that best suits your profile. Observation. The returns on your investments Let's return to the we talked about in the previous point. If you think that in the future they will be used to turn them into trips, cars or any item that is your dream of consumption, you are deceived. All returns must be reinvested. This is where you may think. but what's the point of having that money if I'm not going to use it? Calm.
The idea is that you build an asset and not just save a certain amount Special Data each month. Your heritage is your real wealth, the rest is illusion. There is no point in having a huge salary or profit in your company if at the end of the year you have nothing saved. People with a wealthy mindset are always looking for alternatives to enrich their wealth so that they can live off the returns in the future. If you have the discipline to invest and reinvest your money, a few years from now you will not need to worry about issues such as social security, which is not necessarily a safe alternative for retirement. Never spend more than you earn This is an obvious tip, right? Well not so much.
Most people know not to spend more than they earn, yet they continue to make the same mistake repeatedly. The excuses and justifications for repeating the mistake are the most varied, but keep in mind that sooner or later, it is necessary to face reality. Going into credit card debt month after month only makes you put problems aside. You may not be in dire straits in terms of finances yet, but such behavior simply takes away your freedom of choice as you will be living in dire straits every end of the month. Think fondly.
The idea is that you build an asset and not just save a certain amount Special Data each month. Your heritage is your real wealth, the rest is illusion. There is no point in having a huge salary or profit in your company if at the end of the year you have nothing saved. People with a wealthy mindset are always looking for alternatives to enrich their wealth so that they can live off the returns in the future. If you have the discipline to invest and reinvest your money, a few years from now you will not need to worry about issues such as social security, which is not necessarily a safe alternative for retirement. Never spend more than you earn This is an obvious tip, right? Well not so much.
Most people know not to spend more than they earn, yet they continue to make the same mistake repeatedly. The excuses and justifications for repeating the mistake are the most varied, but keep in mind that sooner or later, it is necessary to face reality. Going into credit card debt month after month only makes you put problems aside. You may not be in dire straits in terms of finances yet, but such behavior simply takes away your freedom of choice as you will be living in dire straits every end of the month. Think fondly.