For a long time, there have been many methods to educate us about money, but they still have not been able to truly improve the public's wisdom in managing money. Even extremely intelligent people are often ignorant about money. A person who truly owns and maintains wealth has no reason to disclose his secrets to getting rich. Even the methods that have been widely spread on the market are just like pills that have expired, and are just general knowledge.
Solving the money problem in life is very important, just like awakening the soul. If we ignore this important value, real money will ignore us.
If we think that money is a secular thing and ignore it or avoid it because of fear, the damage caused will inevitably affect us and the entire family, and will be extended to our next generation, and we will not be able to get rid of the shackles of labor throughout our lives.
Today I would like to introduce the book "The Secret of Money". The author was born in a working-class family. He started from the bottom of poverty and became an entrepreneur in charge of businesses around the world. In the process, he experienced various attributes of money, and he saw the meaning of making money from a position with a deeper and broader perspective.
How money flows, why it disappears, where it flows, what it does, what traces it leaves, etc. The author believes that there must be someone with more profound insights, thinking and logic than him. But capitalists who truly understand the properties of money will not be willing to write those secrets in a book, because not many people know this secret. So he took it as a responsibility given to him by God to reveal the secrets about money to the public. The author of
believes that managing money requires four abilities. All people engaged in economic activities will increase their assets based on the four abilities of money. Some have only one ability, while others have all four.
Although we call those who have the ability to make money rich, rich people must possess these four abilities to maintain wealth. As long as you have one of these abilities, you can become rich, but you cannot continue to maintain wealth. And these abilities are different abilities, so they must be learned in different ways.
You can think about what abilities you already have, or which abilities need to be strengthened.
1. The ability to make money
People who have the ability to make money are easily seen because this ability can be seen.
Most people with this ability are adventurous, business-savvy, good at sales, and capable. They are optimistic and do not give up easily. Many entrepreneurs are of this type.
has a specialized profession, and honest and smart people also have this ability. Especially among entrepreneurs, there are many people with outstanding abilities. However, they are relatively lacking in other abilities because they are prone to debt, fraud, and even have many immature aspects in managing property. Therefore, after these people save a lot of property, it is easy for them to spend it all at once.
In addition, although these people are asked by many people how to make money, they don't even realize that they make a lot of money. They often seem to have nothing left after paying various fees. Even though they make a lot of money, they don't feel it.
2. The ability to save money
The ability to save money and the ability to make money are different abilities. Being able to make money does not mean being able to save money.
Because saving money requires the ability to adjust the balance of assets and manage subtle expenditures, you also need to have trivial matters such as financial processing and item management, as well as knowledge and understanding of tax rates, interest, investments, exchange rates, , etc.
Not only that, you must have a correct attitude towards money. You must not treat small money casually, but you must be able to use large sums of money in appropriate places.
Therefore, the ability to save money varies according to people's personalities, and requires both decisiveness and tolerance. Being able to make money but not knowing how to save is like a bottomless urn. No matter how much money you make but it keeps leaking, one day it will become an empty urn.
3. The ability to maintain
The ability to maintain wealth is the ability that people who know how to make money must have to protect wealth after they have the ability to save money. This is again a completely different ability than the ability to make or save money, and keeping money is one of the hardest things to do.
Just like guarding a city is more difficult than capturing it, at this time they are praised as capitalists by everyone and their reputation spreads far and wide, so luxury and vanity often tempt them.
They will start to look for houses, cars, food, friends, fashionable brands, etc. that are incompatible with themselves to express themselves. I also began to think that my perspective on finance, politics, and economics was different from that of ordinary people, and I no longer continued to learn and improve. I even became a teacher myself, thinking that I already knew everything. However, assets collapse in an instant. It takes three years to build a house, but only one day to demolish it.
The biggest reason why a person who owns assets cannot keep their assets is that they do not properly manage the assets that should be invested correctly. Investment is a very complicated matter, and it is something that cannot be achieved by hard work alone. It requires both keen insight and macro vision.
4. The ability to use
can be said to be a superb art. It must be low-key and simple but not stingy.
Don't squander it all because of useless power or vanity, and don't associate with those who think you should treat yourself to a meal if you have money. If we hear these people insulting us, take it as a tonic. Style or reputation does not come from these places. For those who know how to respect other people's hard-earned money, be generous.
If you want to learn how to use money correctly, you must know how to accept being scolded. It is better than having my money scold me, because if my money scolds me, it may leave me.
To sum up, we must understand that these four abilities are different abilities, and we must work hard to learn each one. If we ignore any one of them, we will not be able to be a rich person for a long time. You may be able to enjoy short-term wealth, but if you really become rich, you will be more miserable, because the pain of being deprived of something you once had is greater than the sadness of never having something.
Finally, I wish everyone can become a happy rich man in 2023.
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