The author of the book "It turns out that rich people do this" interviewed many wealthy people with assets of more than one million US dollars on the spot. From the interview results, what is the reason for their wealth? Of course, these rich people are all people who start from scratch, make money through their own efforts, and then save money to invest and start a successful business.
Compared with others, how do they get rich using the earned income? Why do they achieve financial freedom faster than other higher income people? Simply put, how they accumulate wealth on their own. What are their common characteristics?
Of course, their experiences are not applicable to everyone. We do not deny that survivors are biased and rich, but there are many common principles that can be learned. For example, one of their biggest characteristics is that they are very patient. Their wealth is not earned quickly through short-term, but through slowly accumulating wealth.
Next I will share with you three common rich features.
1. The money that can be kept is your wealth. The purpose of living within one's means saving principal and allowing more funds to be freely allocated.
In this way, you have the original funds to invest and accumulate wealth. I think no one doesn’t understand the principle of living within one’s means, but not many people can do well. There are also differences between living within one’s means high efficiency and inefficiency. The key is to continue to increase funds that can be freely allocated. Save more money to invest and manage financially by increasing income or reducing non-essential spending.
Most rich people are very careful in order to save more investment capital and then enter the market to get a bargain when investment opportunities arise. The careful calculation here is not about being stingy, but about using less funds in daily consumption to obtain greater consumption satisfaction and spending more on improving one's own capabilities.
If you only know that you don’t invest in your own ability, you can’t catch the chance even if you have the chance. Instead, you will also pay the savings because you don’t know how to invest.
The purpose of making money is of course to enjoy life, but spending money to enjoy too much will only make yourself lose your freedom before you don’t have enough wealth. If you rely solely on unnecessary expenses, you will be tied up by money. On the contrary, if you make money, you will prioritize the freedom of money and put aside the idea of excessive enjoyment, and eventually you will have the opportunity to become a person who is not controlled by money.
Time, energy and money, these three are very precious at the beginning of the business. A person only has 24 hours a day, and only has more than ten hours of energy to work a day. Money is also limited to the income you have in the short term. These three are not something you can get immediately if you want, and you need to manage them well.
For example, if you can manage time than others, your output value will be higher than others and you will have the opportunity to earn more income. If you have enough money, you can not work for a while and you don’t worry. You can exchange for extra time to enjoy it or start running your side business. If you have more energy, very good physical strength, and a clear mind, you will do things faster and your quality will become better. The same thing may take three hours to complete, but you can complete it in just one hour, so you get more time.
So, one of the time, energy and money is to increase the other two opportunities for growth. The interaction between the three will multiply each other, and the accumulation of wealth will become faster and faster.
Features 3. Choose a career that suits you
Choose a job that can make you passionate, otherwise you will not have the perseverance to persevere to the end.
When we do what we like, our concentration and creativity will improve and we will feel more fulfilled. These are invisible motivations that can continue to push yourself forward.
Don’t worry before you encounter the job you like. First of all, do a good job in front of you and exercise your work ability. Only when you encounter a job opportunity you like can you have the ability to do that job well.
In short, do what you are doing well in front of you because the future is uncertain, and your current efforts are all about accumulating tomorrow's strength.
Does it sound like these features are very ordinary? But perhaps because of this, many people don’t take it seriously at all. You should know that there will be huge differences between people in similar environments, often just a little difference, which may be ten minutes of getting up early to study every day, one hour of reading after get off work, or saving an extra thousand yuan per month. These are small short-term differences, but there will be a big gap if accumulated over the long term.
We don’t need to envy others’ achievements, because it was accumulated hard in the past. If you have difficulties for the time being, don’t give up your dreams. There is only one time in life. Grasp limited money, energy and time, and you can also accumulate the freedom you want.
A rich man once said, "Even if I deprive me of all my wealth now, as long as I throw me in a place where there are people, I will become rich again." If you want to become a rich man, you must first learn the wealth of the rich, which is a wealth that others can never take away.
If you can get a little value from here today, even if it is a useful word. I hope you can move your fingers, like them and share them selflessly with the people around you. Sincere blessings to those who follow, like, comment and share will realize their ideal life as soon as possible.
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