How to live comfortably and happily: 7 tips from financial experts
Get Rich A Life / / December 19, 2019
This article can not only read, but also listen. If you prefer - turn on a podcast.
1. Make a priority that does not give sleep at night
Financial adviser and author of books about the welfare of Susie Orman saysThe Most Important Financial Priority: What Keeps You Up at Night?That in ensuring economic security is important to all: the creation of a reserve fund, the repayment of debt, investments. But at the same time a person needs to start somewhere, and because of the complexity of the choice it would be hard to decide.
The most important step that you can do - forget the list and focus on just one element. What financial problem keeps you awake at night? The solution of the issue would make you feel smarter, stronger and safer?
Suzie Orman, financial advisor, motivational speaker and television presenter
Orman advises taking a decision to refuse samoredaktury, family desires and to answer the question as honestly. It will not be selfish, because it will allow you to minimize stress, become stronger and to act effectively, including in the family.
2. Makes money work for you
Entrepreneur, investor, author of the book "Rich dad, poor dad"Robert Kiyosaki argues that welfare does not depend on earnings directly. Financial success is not so, what is your salary, and with how much money you could not spend and how effectively you manage them.
The poor and middle class work for money. The rich make money work for them. Working for money, you yourself are giving themselves into the power of the employer. When your money is working for you, you hold the power in their hands.
Robert Kiyosaki, entrepreneur, investor, author
Kiyosaki says that the rich and poor people differently manage money. First invested in things that only draw from them finance: homes, cars and the like. The latter are investing in a business, equity and income prefer to receive no fixed salary for the hours, but depending on their achievements.
3. Do not expect to get rich in one day
Financial expert Dave Ramsey is known as a fighter against debts. For years he urges readers to stop buying their books unnecessary honestly postpone part of earnings and to adhere to financial discipline.
You run a marathon, not a sprint. Long-term plans and make them adjust as you go.
Dave Ramsey, a financial expert
According to himWhat Matters Most for Your Business80% success rate consist of the daily habits and attitudes that need to change if you want to become richer. For example, refuse to buy a new car, if its service will leave more money or not to purchase the latest model of the phone, if you have the penultimate.
4. Set aside a tenth of their earnings
Entrepreneur George Samuel Clason published the book "The Richest Man in Babylon"In 1926. In it, he not only gave advice on how to become wealthier. He used the arguments of ancient traders and moneylenders, written on clay tablets, which are found on the territory of Mesopotamia.
This tip works for centuries.
Plan your budget so that enough money for necessary needs, pleasure and worthy of desire, but the costs do not exceed nine-tenths of the income. I can tell you that the human desire to grow as quickly as the weeds are growing in the field. I wish we have a great many, but we can meet a few.
George Samuel Clason, entrepreneur, writer
Some say that save money can someone who earns a lot. But after the wind can even be a huge salary. Wisdom Clason and Babylonian figures that one tenth of the income shall be inviolable. That is what makes the purse to grow heavy. And yet it works for any size of salary.
5. Work with your values, to save more effectively
Author of the book "The Millionaire - automatically" by David Bach advisesWant To Be An 'Automatic Millionaire'? David Bach Has Some Tips to work not only on reducing costs, but also on an understanding of where the money goes. According to him, this is what you can get in the way to save.
There is a huge gap between what is valuable to the people, and so on that they spend the money. It is necessary to clearly see what is your value and make sure that you spend money and invest them in accordance with it.
David Bach, a financial consultant
Bach coined the term "latte factor." With it he demonstrates how small waste like a cup of coffee can alienate you from savings on purchases or investments that could be really valuable for you.
6. Turn off the debt because they drag you to the bottom
Financial consultant and writer Carl Richards in one of the books toldThe One-Page Financial Plan: A Simple Way to Be Smart About Your Money a story about a friend who paid for the tent a credit card. As a result, taking into account the interest he paid the same amount, which would be enough for a down payment on the mortgage.
Richards points out that many people do not hurry to repay debts, believing that it is better to make the money work. But this is not the case.
Listen, pay off debt - this is an excellent investment.
Carl Richards, a financial consultant and writer
Easy to work with for long, as they may indicate an error, and people do not want them to come back. But you need to pull yourself together and get it over with.
7. Remember that money is not the goal but a means
Author and empowerment specialist Laura Vanderkam usually writes not about finances and about the work over itself. But these topics are directly related. In her opinionAll the Money in the World: What the Happiest People Know About Wealth, People are too focused on money, without thinking, what they are, whether they are able to make them happier.
If you had all the money in the world, what would you change in your life?
Laura Vanderkam, author and self-help expert
Vanderkam talked to people who have managed to change their lives, but did not have a vast fortune, and came to concluded that spending money is to make a choice: you give them for one thing and at the same time save money on something other. Therefore it is necessary to decide whether a new bag or a ticket to visit a friend, a vacation or a smartphone.
To understand what will make you happy, think about what you do, if you have all the money in the world. Perhaps you would be enough and smaller.
see also🧐💵
- How to change your life, if you save for 3000 rubles per month
- Where to invest the extra money in the 20, 30 and 40 years
- 10 coolest apps to get finances under control