The laws of money management

1. The right to choose

Successful people claim to be rich or poor - the choice of the person. A person born in a poor family with very early age begins to learn about money improper installation, limiting itself, as once his parents. It all starts with the fact that the more the child's head to pierce that he will not be able to achieve great success, because it is poor, it lacks the ability, capacity, and other things. But you have to believe in yourself! We have no restrictions, we can do just enough to make good decisions and take risks wisely.

2. The strength of the capital

In life, it is essential not to be able to save money and be able to earn. The availability of capital is nothing, if you have not developed the skill to make money, because any capital can be depleted, and the ability to earn will always be with you. Do not forget that the most correct investment - an investment in yourself, because you can beat off the money plus. Remember that your income - is a reflection of your ability to make a profit. In actual fact, the profit can be obtained from almost all, however, only if you will develop the appropriate skills. Work on the knowledge, invest in yourself, learn to earn!

3. Rule distant benefits

Standing at the crossroads between a choice of immediate profit and long-term benefits, always choose something that can bring you more fruit. More often than not, success is not instant profits and the prospect. Only short-sighted people between career and static salary will choose the latter. Far-sighted people also stock the patience and will follow their plans. Striving for wealth is always looking to the future.

4. Hold off on a "black day"

Since the situation in life there are different, and trained them to be at 100%. That is why you need to set aside 10% of their monthly income: only in this case referring to unforeseen circumstances, you will be relatively quiet for their fate. Perhaps this amount seems too high, but in fact it is the most acceptable. In an extreme case, start saving from the percent that can afford: 1%, 2%, 3% ... Gradually increase the size of your investment, but never turn down: people are very fickle creature, once invested less, it will do it all the time .

5. The right to preserve the "masses"

Incredibly, it is important not only to earn good money and save 10%, but also to have the remainder of the money that you earned. If you spend every penny, again not counting the 10%, with such spending a fortune to be seen. In order to implement any major desire, need to have a big opportunity, and spending more than you get, you may not see for a long time.

6. Money Investment

Money without investment - it is not capital. Capital - only what is profitable and is not a dead weight or spent. Therefore, we must look for ways available for you to invest money to make a profit. However, thoughtless inserting money into everything - even worse than no investment. Before you invest the money somewhere, you have to think carefully about the situation, to make a detailed analysis of what would happen if I burned on this matter? How much do I lose, and after the loss, if I can keep afloat again? If the answer is - yes, quietly invest money. And if you understand that in the event of failure of the event you find yourself literally barefoot, then set aside such prospects. The risk must be wisely, otherwise it is not a risk and recklessness, that money will not suffer.

7. Analyze

You have to feel the need and have the time and the ability to analyze your financial condition. Mainly - your finances. Money likes to be seen as money loves to dispose of them. Therefore, do not avoid to waste time drawing up plans and strategies: so you will save yourself from big losses.