Become a millionaire's three concepts of financial managemen
: Financial management
It is understood that ordinary middle-class white-collar workers are now generally missing a number of important financial concepts. These concepts will affect their future behavior. If they can honestly implement these financial concepts and personal financial products for at least 10 years, then everyone can become a millionaire. The following small series introduces these three financial concepts. First: Identify "investment" and "expenditure" Before ordinary people spend, there is no such concept. People who study economics will think before spending. This cost is an "investment" behavior or a "cost" behavior. Let me look at an obvious example: 10 years ago, A and B were undergraduate students. After 5 years of social work, they saved a total of 300,000 yuan. Five years ago, they all spent 300,000. A went to Tongzhou to buy a suite. B went to buy an "Audi". Today, 5 years later: A house with a price of 600,000. The price is only 50,000. The assets of the two people are obviously different, but they are all the same, and they have the same academic qualifications and the same social experience. Why is the wealth of the big family different? A money to buy a house is an "investment" behavior - money In fact, I didn’t spend it, but I moved it in the house. B. Buying a car is a “cost” behavior – money is spent, and it is given to others. After 10 years of used cars, it’s almost worthless. The car is not the same as the house. After 10 years, the house may have turned over many times. Second: "Harvard" dogma In the famous first school Harvard University, the first economics class taught only two concepts. The first concept: spending money to distinguish between "investment" behavior or "consumption" behavior. The second concept: save 30% of the salary every month, and the rest of the consumption. The people from Harbin Buddhism are rich in the future, not because they are famous and rich, but their monthly behavior, which is only different from ordinary ordinary people: Harbin Buddhism: Savings 30 wages are hard indicators, left Only consume. The monthly savings are the most important goal of the month, and will only be overfulfilled, and the rest of the money will be more and more. Ordinary people: spend money first, how much you can save, and there is not much money left. Third: "Three sentences of financial management" (1) Saving 30% of monthly wages, saving first, then spending. (2) The annual return on investment is over 10%. (3) Persistence, persist in more than 10 years, financial management can not get these three sentences, every sentence you have to thoroughly understand, fully enforced, can not be sloppy, can only become rich when working. In his book, Buffett said that he began to save 6, 30 per month. By 13 o'clock, when he had 3,000 pieces, he bought a stock. Persist in saving, insist on investment, and ten years, he insisted on 80 years. Now 85, is the richest man, and has more money than "Microsoft" chairman Bill Gates.