3 financial lesson you should learn
Get Rich / / December 20, 2019
Many believe that saving money is useless, especially if you get a little. But in this case it is important.
1. You pay yourself first
First you need to meet their basic needs, and the remaining amount to delay or to spend to achieve your financial goals, such as the payment of debts. So you just do not get a chance to spend money on unnecessary things.
If you start to put off a small amount from each paycheck, you will not even notice that something limiting yourself.
For example, you can every week on Tuesdays and Thursdays to translate into a separate account for 300 rubles. This is quite a bit, but for the year you accumulated 31 200 rubles, and this is not bad. If you do each month will be translated into this matter more for 1000 rubles, you get 12,000. Such costs are not very visible in the last month, but at the end of the year you will be 43 200 rubles.
Of course, it looks like another clichΓ© that does not help if you are already on the rocks. But it was then that this rule is especially important.
2. Get your own reserve fund
When we are faced with some unforeseen situation without reserve stock funds, we often make mistakes. Psychologists and economists have found that in this state we become rough and impulsive, have reduced cognitive abilitiesPoverty impedes cognitive function.. We can not objectively evaluate the situation from the outside. To cope with this problem, we have to take a micro loan or pay by credit card.
For such situations, and should be a backup supply, otherwise you can easily get bogged down in debts. Yes, it seems complicated, especially if you get enough, but to have such a reserve is necessary. Start saving even a small amount, then you will feel more confident.
3. Properly repay their loans
Another important lesson to be learned: if the bank has approved the issuance of your loan, it does not mean that it will be easy to pay this loan. After all, lenders earn a percentage.
Bank is beneficial to you to make small amounts every month and spend more on interest payments. If you want to quickly pay off the loan, make sure that this money is not spent on repayment of interest.
Protect your interests and do not forget that lenders are not on your side.
Despite popular wisdom, which states that we We learn from our mistakes, The researchers found that getting stuck on past failures, we have a negative effect on their habits in the present. Constant thinking about their blunders can lead to the fact that we are only going to repeat them over and over againHaunts or helps from the past: Understanding the effect of recall on current self-control..
When you have learned from his mistake a lesson, stop to engage in self-flagellation, and move on, because of this may well depend on your financial well-being in the future.
see alsoπ§
- Challenge: Get Rich or sbrey
- How to set financial goals, to achieve them
- How to clean up the personal finances
- 17 habits that will make you rich