Managing oneself well is one's essential skill

Managing oneself well is one's essential skill

Life, in fact, is a game between oneself. Do not give up the demanding for self is a person's real ability.

1, Manage the image.

I don't know if you find that as you grow older, people around you are slowly becoming two groups: one group is being destroyed by the years into unkempt, out-of-shape "greasy" middle-aged; the other group seems to have eaten preservatives, maintain very well. The different groups have a very different attitude to life.

I agree with the saying, "Managing your image is not about superficiality, but about respect for yourself and admiration for life." The real ageing of a person is never the ageing, but the loss of the demand for self. Don't concede defeat to life, don't bow to the years. The best maintenance product in this world is your self-discipline and not settling for less.

2. Manage your body.

I read news. An entrepreneur was unwell because of prolonged exertion and was found to have myocardial ischemia when he went to the hospital. The doctor asked him to be hospitalised immediately for observation, but he did not take it to heart. Who would have thought that he would pass away suddenly a few days later. Overnight, his prestigious education and wealthy career, which he had been proud of, were all in vain.

Health is 1, everything else is 0. Once the 1 is gone, there is no point in having more 0s. All the health that was overdrawn will have to be repaid a hundred times over afterwards. Every time you go to bed early, wake up early and eat on time, you are building up your energy for tomorrow.

3. Manage your emotions.

When you encounter trouble, your mind explodes, turning a very simple matter into a mess; arguing with your lover over a trivial matter, turning over old scores when you are not in the right mind,  without being conscious, opening your mouth and saying hurtful things ...... We have all been consumed by sudden emotions at some point because of something, and many of life's regrets and regrets are often the result of this. People who are truly mature know how to manage their emotions. They never lose their temper that they shouldn't, they don't rush things, they don't get upset because of anger, and they never use bad emotions to affect others.

4. Managing social circles.

After dealing with all kinds of people, you will slowly understand: friends, quality is much more important than quantity. If you are only concerned about the circle of drinking and dining, you will neglect those who treat you sincerely.

The worldly and hypocritical circle of people should be cut off; the negative circle of people who consume you should be shed; the circle of people who do not belong to you should be left. To sift through friends is to sort out your life, and to manage your circle is also the beginning of refining yourself. When the circle is clean, people are comfortable; when the relationship is comfortable, people are comfortable.

People can only be responsible for others if they are responsible for themselves first. Self-management is a lifelong lesson for all of us.

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30 Tips for a Minimalist Life

1. Making money is the most effective way to protect yourself and those around you.

2. Don't look down on anyone. Many people who wear slippers may be millionaires.

3. People who suffer the most are often the most sober.

4. Broken love is not terrible; it is just paving the way for the arrival of true love.

5. For ordinary people with no background and no resources, insisting on doing one thing can make you surpass 90% of your peers.

Singing, painting, writing, design, etc., find a hobby that you can stick to for more than 10 years, and keep cultivating. There may be no improvement in the first two years. After 5 years, you will get a huge return. After 10 years, you can put this  Do things to the extreme, surpassing the lives and achievements of 90% of your peers.

6. Action is the best way to improve your personality. You may not be able to see anything for a few days, but after a few years, your enthusiasm will spread to a certain extent, and many people will be willing to work hard with you.

7. There are four things in life that you must never do: Don't just take the easy road; Don't try to change others; Don't dare to start because you are afraid of failure; Never have a temper that is greater than your ability.

8. Don't let yourself stop for a long time. Once you get used to being comfortable, you will lose the ability to seek change and eventually become a person abandoned by the times.

9. Wealth is conserved, and the amount of money you make is positively related to the value you provide.

10. It is easy to give up, but it must be cool to persist. Fate will fail a person who works hard, but never fail a person who has been working hard. Treat yourself better, and be cruel to yourself.

11. The easy way is downhill.

12. It's not that you can't find love, but you can't hold on to love. until you think your love is not the love of your life.

13. Reading a book does not change, but if you keep reading, there will be. Reading is not for eloquence, nor for superiority, but for maintaining independent thinking and keeping a sober mind in a noisy world.

14. Adults can choose to do anything, this is your freedom. Provided that, to think clearly whether you can bear the consequences and the price.

15. True self-confidence comes from fully accepting yourself. otherwise, you will only admire the strong and despise the weak.

16. Salary is always linked to authority. Talking to the leader about salary increase is worse than increasing authority.

17. The horoscope of interpersonal communication: ignore prejudice and stay away from prejudice. People who have prejudice against you, no matter what you do or say, he will oppose you. To avoid these troubles, not explaining or arguing is the best counterattack.

18. In the face of small groups, a neutral relationship is the safest. Don't rush to stand in line, neither good nor bad to people. Because a small group formed for the purpose of isolation will inevitably split again for the purpose of isolation.

If you support him to isolate others today, tomorrow he may unite with others and begin to isolate you. This is due to human nature.

19. In the implementation stage, I am most afraid of having scruples. Just do the planned things, don't always think about it, waste time and torture yourself.

20. People with high emotional intelligence never deliberately please others, but always please themselves.

21. Never lie to yourself. It is much easier to deceive yourself than to deceive others, but it is much more difficult to wake yourself up than to wake up others.

22. The most cost-effective business is to invest in yourself. A shrewd person spends money to improve, but a foolish person only spends money to enjoy, and sit back and eat.

23. To maintain lifelong learning, don't stand still. When the times abandon you, they won't say goodbye to you. If you don't make progress, it is the biggest regression.

24. You try your best to run forward, not to change the world, but to not be abandoned by the world.

25. Be yourself. You can become someone in one day.  Everyone is born an original, don't let yourself live as a pirated version.

26. Don't pin your happiness on others. Because people will change and love will disperse. The road of life is always to be walked by yourself, no one can replace your happiness, and no one can pay for your happiness. Self-sufficient happiness will not worry about gains and losses.

27. Let go of the love that makes yourself humble. For the purpose of love, is to make yourself better, not to scar you all over.

After all, some love can be met but never sought. Those who cannot wait should not wait, and the world that cannot be squeezed in should not hold on.

28. Always keep 30% of the mystery for yourself. Only then will others see a side of you they didn't expect, and you will always bring something new to others. This rule applies to all relationships.

29. 99% of all the people you meet in your life are strangers. So, relax, you don't have that many viewers.

30. If you can't say good things, avoid bad things or shut up. I am afraid that what you say unintentionally will be deliberately interpreted by people with ulterior motives.

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"Spending money" is an art, but you must not be reluctant to spend these three kinds of money

Billionaire Bill Gates, founder of Microsoft, said: " Spending a sum of money wisely is as difficult as earning it."

Seeing this sentence, you may be thinking, in order not to fall into the trap of consumption, I struggle to control my desires every day, for fear that one day I will not have enough money to spend, but you tell me that it is difficult to spend money?

In fact, it doesn't mean that spending money is called being able to spend money, it's just called buying things.

Spending money is a skill as well as an art. How to make every penny you spend worth the money is a master.

Careful planning has risen to be an essential skill for every adult's life.

However, some money seems to be saved now, but more money will be spent to make up for it in the future.

And some money seems to be a kind of loss now, but if you look at it from the perspective of development, it can bring you double returns.

1. Don't save money on human relationships

Favours can bring you temporary convenience, but it may also bring unexpected burdens.

B works as a copywriting planner. In addition to her own job, she will take on some part-time jobs in her spare time.

Once, a friend found B and said that it was his current project and needed some copywriting planning, could he ask her for help.

B agreed to her friend's request, and it took a few days to complete it as required.

After receiving the plan, the friend never gave any feedback. B couldn't help sending a message to her friend, asking if the plan was feasible.

The friend told B that the company was very satisfied with her plan, and then mentioned the friendship between the two of them, and made things easy, without any mention of remuneration.

Not long after, because there was a problem with the plan that needed to be changed, her friend contacted B again, hoping that she could help to change it. Unexpectedly, B blocked her friend's account.

In life, we often hear the words "We have such a good relationship, so you can help me." They are unwilling to pay in the name of friendship, thinking that they have found a bargain, but lost their precious friendship.

There is a saying that goes well: "Don't be afraid to owe favours to others, as long as you know how to pay them back."

Whether it is feelings or friendship, the relationship can only be stable if both parties work hard and pay together.

On the contrary, if you blindly ask for it and calculate gains and losses everywhere, others will just stay away from it.

In this world, no one treats you well for no reason, and there is nothing that should be taken for granted. Every effort made by others needs to be responded and rewarded. Therefore, money for human relations cannot be saved.

 

2. Money for self-appreciation cannot be saved

I saw a question: What is the best investment? Stocks, Futures or Funds?

​There are answers such as Investing in the stock market can lead to gains and losses, and investing in business can lead to gains and losses, but investing in yourself is sure to make profits without losing money.

"Rather than having money, it is better to be valuable."

I believe everyone has a deep understanding. There is no stable job in this world. A large number of business establishments have been cancelled, and it has become a contract system since the pandemic.

only by constantly improving yourself and improving yourself can you resist the wind and rain of life.

I was deeply influenced by a classmate. No matter how much salary I have now, I must develop “the habit of spending some money for my future ."

Therefore, every month he will spend 5% of his salary to invest in himself and learn a skill, such as buying professional books, attending a writing camp, signing up for a financial management course, getting a certificate, and learning a skill. Skin care and more.

he recorded all these expenditures in the account book one by one, and set a goal for himself to save up the tuition fees for the courses to be registered little by little every month.

It has allowed him to be promoted in the workplace and his salary has also been increased. He doesn’t feel sorry for the money spent in this way. It allows him to improve every day.

 

3. Don’t save the money of honouring your parents.

As the saying goes: "There is no love without a reason, and there is no hate without a reason."

The only love in this world that does not ask for anything in return and works hard is the love of our parents for us.

Our parents worked hard to bring us up. In order to keep us fed and clothed, they cut down on food and clothing and saved money to pay for our college education, so that we can get in touch with the outside world and broaden our horizons.

But when we grew up and stayed in the big cities to work, we found that our parents who were far away in their hometown had already had gray hair, and they were really old.

Taking advantage of the fact that our parents are still there, besides going back to spend more time with our parents during the holidays, we will do our best to take them to the hospital for a physical examination once a year, take them to buy some gifts, and give out red envelopes for the festival... …

As children, we must not save money for honoring our parents.

"A person can earn a lot of money by cleverness, hard work and luck, but it takes wisdom to spend it.

How to manage money correctly is a topic that each of us needs to learn.

Learn to use money seriously, spend it in the right place, and use it wisely. This is the meaning of making money.

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How to spend the first salary meaningfully?

How to spend the first salary meaningfully?

" A girl in Hangzhou used her first salary to buy a mobile phone for her best friend" rushed into the hot search and caused heated discussions.

Netizens expressed that "this kind of girlfriends is really enviable", " please give me a dozen girlfriends like this". The girl expressed that she wanted to make her best friend happy for a lifetime, and would spoil her no matter what.

Of course, there are also different voices, such as "Why don't you buy it for your parents first?" and so on.

01 Salaries handed over to parents

This reminded me of how the first salary in my life was spent?

My first salary was very low, like only $800. I gave $500 to my mother and kept $300 to buy daily necessities.

At that time, I was young and my thoughts were simple. I just want to earn money and give it to my parents to subsidize the family. I want to help my parents save money for my younger brother to study.

Therefore, my first salary income is basically handed in in full, and the use was very simple. I didn't buy gifts for myself, my family or friends, I didn't do anything earth-shattering, and I didn't have any special meaning.

 

02 Buy a gift for someone you love

Although my younger brother is younger than me, he worked earlier than me.

My younger brother's first job was to work as an assembly line worker in a factory. After working hard for a month, my younger brother was very happy when it came time to get paid. He went to the factory very early that day.

When I went home in the afternoon, I brought back a watch and said it was for me. The dial and strap are both gold, delicate and beautiful, and I have liked gold since then.

The younger brother said that he had visited several watch shops and thought this one was the best.

I was so moved that I was about to cry. I was afraid that he would make a joke, so I suppressed my tears.

Since then, this watch has accompanied me throughout my youth, from going to school to working until now, I still keep it. This should be the most valuable of my assets, at least in my eyes.

 

03 How to spend the first salary

The first salary, no matter how much or how little, is a reward for our hard work when we first enter the workplace. Different people treat their first salary differently.

Some people have understood the difficulty of their parents, and began to learn to live on a budget, save a small part of their salary first, and use the rest to pay some fixed expenses, such as rent, water and electricity bills and so on. Some people will use their first salary to express their gratitude to those who have helped them, such as wrapping a red envelope for their parents, preparing a small gift for their mentor... In fact, it doesn’t matter what you give, what is important is the content contained in it.

There are also people who reward themselves with the first salary and experience the harvest after hard work. There is nothing wrong with this.

Make an appointment with friends for a dinner, buy home the lipstick that you have wanted for a long time, and send yourself a bouquet of flowers, watch a movie with your loved one, record your happiness in the day's account book, and set the next "small goal" by the way..

How does it make sense to get the first salary? There is no standard answer. But no matter how you arrange it, it is recommended to save money, learns to keep accounts, spend rationally, don't spend extravagantly, and leaves some living expenses for yourself while celebrating happily. Because I still have to live for the next month, I will rely on the saved wages.

Do you still remember the first time when you were paid your salary? How much did you spend? Do you have any good memories? 

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After reading "Rich Dad Poor Dad" epiphany, I fell into the "rat race trap" for so long

 

1

In the book "Rich Dad Poor Dad", there is a term called "rat race trap".

The mouse had to run on the wheel in order to eat the cheese in front of him. The faster it goes, the faster the wheels turn. Until the end exhaustion, also can't reach a mouthful of cheese. In fact, if you want to eat cheese, you need to jump up, not run forward.

But the mouse just ran with its head buried in its head, exerting force in the wrong direction, wasting its energy.

Many people are like this mouse, walking forward non-stop, but rarely stop to think. In the busy cycle, they are trapped in the cage of life. After all, the life you want is not accumulated by ineffective efforts. Without deep thinking, all hard work is in vain.

I think such questions have more or less appeared in our minds.

Why do we work overtime until 12 o'clock in the middle of the night, but our colleagues get promoted?

Why do we enrol in many courses and study hard every day but still get little effect?

Why do we pack our schedule so full and we can't grow at all?

Physical effort is just a habitual exercise of muscles, and diligence without thought is actually the greatest laziness.

Efforts without thinking, without structure, without logic, will only lead you into a cycle of fatigue and inefficiency.

Getting rid of low-quality diligence and developing the habit of deep thinking is the first step in life advancement.

2

There is another story in the book "Rich Dad Poor Dad".

There is a village with no water source within a mile radius, and the villagers can only drink the rainwater that falls occasionally.

To solve the water problem, the village selected young men Ed and Bill to be responsible for the water supply, and signed contracts with both of them.

After the contract was completed, Ed couldn't wait to buy two large barrels to carry water from the distant lake for the villagers to use.

However, even if he gets up early and works late every day, it cannot fundamentally solve the water supply problem.

Another young Bill, who disappeared after signing the contract.

Half a year later, he brought back an engineering team and worked hard for a year to establish a complete water supply system.

This method greatly saves labour costs, and the price is much cheaper than Ed.

Soon, the whole village used Bill's water.

In a hurry, Ed called his two sons to carry water even harder, and the price of water dropped even more than before, but in the end he found that he could not compete with Bill at all.

The different circumstances of Bill and Ed reminded me of a story circulating in the Ford Motor Company.

Ford's boss once hired an expert to evaluate the performance of employees.

The expert said after the inspection: "There is a lazy guy who stays in the office all day and wastes your money. Every time I pass by, I see him sitting around with his feet on the table."

The boss laughed when he heard that, "I know this guy is lazy, but he once came up with an idea that saved our company millions of dollars. He put his feet on the table like that when he thought of that idea."

What do these two stories tell us?

Because no matter in life or in the workplace, people often only look at the results, not the process.

Mediocre people always emphasize their own efforts, and then do nothing; while masters do things, they often act after thinking, and speak with results.

Effort is just a "tactic", but developing a global thinking, spreading out the map, and finding the right entry point is the "strategy" that will get twice the result with half the effort.

Therefore, working overtime every day does not make us great people, and working from dawn to dusk does not necessarily make us better.

If a person is not good at thinking, no matter how hard he works, it will be difficult for him to innovate and make breakthroughs.

Only those with sharp vision and advanced mind can be favoured by fate.

What really widens the gap between people is never the degree of effort, but the depth of thinking and the quality of diligence.

3

Chris Bailey, the author of the book "Don't Let Ineffective Efforts Destroy You", was called "probably the most efficient person in the world" by TED. He proposed that there are three elements of high-efficiency life:

Time, energy, focus.

Any efficient life is related to one or more of these elements.

If we don’t have any plans for life and work, and rush all day without any focus, we will lose efficiency due to distraction, and thus fall into the vicious circle of "the busier the poorer".

I think of a survey conducted by Harvard University, targeting a group of young people with similar intelligence, education, and environment.

Studies have found that those who set long-term goals from the beginning have basically become successful people after 25 years;

People with short-term goals also successfully entered the middle class of society;

Those who have no goals are almost at the bottom of society, often unemployed, and rely on social relief to survive.

There is a saying in "University": Make a decision before you move, and you will gain something when you know it.

When a person's goal is clearer, the path to the goal will be clearer.

It is absurd for many people to repeat their busyness day after day, but imagine a different future.

What really makes you stronger is that you can establish a thinking framework and grasp the underlying logic of things.

Learn to manage by objectives and put your energy on the cutting edge in order to maximize your efforts.

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After middle age: work hard for money , spend money sparingly, and save money steadily

 

Some time ago, there was such a topic on the Internet: "What did you understand in the past three pandemic years?"

Someone summed up the following four points:

1. You have to have a house, otherwise you won’t even have a place to stay during quarantine;

2. You have to have savings, and you can maintain your life for at least a period of time if you are unemployed;

3. Lying at home is not as comfortable as imagined, because you will be extremely anxious because you have no income;

4. The more the society develops, the more black swan events there will be. You must have the ability to fight against such uncertainties.

In fact, the conclusion is: you have to be rich.

Money can not only bring dignity and decency, but also the confidence to walk in the world.

In the second half of life, if you want to be self-sufficient in money, you must be ruthless in making money, save money in spending, and be steady in saving money.

1. Work hard for money

A relative of mine was an executive in a tech company a few years ago, and her life was prosperous.

The good times didn't last long, the industry declined, and the company where my relatives worked was on the verge of bankruptcy.

After losing her job, she couldn't find a job of the same position, and refused to lower herself, so she simply stayed at home for a few months.

During this period, a HR friend offered her an olive branch and asked her to work as an assistant to the CEO of a company.

She hesitated for several days, and finally refused.

When she thought about how old she was, she still had to serve tea and water for others, and be ordered by others, and she felt that her self-esteem couldn't stand it.

Not long after, there was an emergency in her family and a large sum of money was needed.

Looking back, I wanted to go to that HR friend for help, but there was no position suitable for her in his company. Life is like this. When you have money to make, you can't save face. If you want to make money with your head down, you have no chance.

"Self-esteem is the skin, making money is to feed the belly, which one is more important to you?"

2. Spend money sparingly

If you don't know how to control your desire to consume, then no matter how much money you earn, you can't keep up with the speed of spending it, and you will squander it sooner or later.

When you are young, you can be wilful to spend all the money you earn.

But when you enter the middle age, you have to consider the burden on you.

There are old people and young in your family, and there are mortgages and insurance premiums to be paid.

Every penny must be spent wisely, and it is even more important to habitually check the balance when going out to spend.

3. Save money

A happy life will not just fall from the sky. Only by learning to invest and save can we have the capital to support the future.

As you get older, the savings in your pocket are your reassurance and your booster.

There used to be a breakfast shop near my house, which was owned by an old couple.

Except for the Chinese New Year, I have never seen this stall rest.

Even when I catches the earliest bus and goes downstairs at five o'clock in the morning, the couple is already preparing for the day to start. Suddenly one day, the stall closed.

I learned from neighbors in the neighborhood that their daughter was admitted to a good university and found a good job after graduation.

The couple also decided to take a break and travel around the world.

I am very curious: going out to travel around the world without doing business should cost a lot of money, right?

Neighbours said that the couple had been silently saving money for so many years.

Not only they managed to help their daughter buy a house with the down payment, but also had enough money in my pocket to live a happy life in their later years.

After middle age, every sum of money you save is your happiness in your later years.

The more balance you have in your card, the easier it will be to live in the future.

A simple and practical "333 Little Rules for Saving Money" works:

Divide your monthly salary into three equal parts: living expenses, savings, and investment.

Save money in this way, no matter what, you can save at least one-third of your income every month.

Of course, the ratio can be adjusted appropriately according to the actual situation, but it is best to strictly implement it according to the plan every month.

Accumulate over a long period of time, gather less to make more, and in the end it is also a big gain.

You must believe that every penny you save is an umbrella to protect you from wind and rain in your later years, and will eventually give you the most fulfilling sense of security.

We used to think that talking about money was crude, but now we find that 99% of the sorrows in the world are related to money.

No amount of chicken soup can compare to the sense of security of a banknote.

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The sooner the better when you get rid these 3 inconspicuous bad financial habits

Your future financial situation is tied to your habits. It is almost everyone's dream to not be troubled by money, but most office workers are still worried about financial management. If this is the case for you, you might as well re-examine yourself now and quit bad financial habits to take back control of your money.

Bad financial habits are like a toxic relationship.

You know you should break up with him, but you hold on tight.

But the question remains - why is it so hard to break out of these destructive financial habits?

Sometimes we know nothing about them, and sometimes we are afraid to face the unknown. But wouldn't we be able to stand it without these habits? Can't we live without a Starbucks once a week?

I know a thing or two about money matters. I also lost all my money a few years ago due to a stupid financial mistake.

But I also learned that quitting some bad spending habits is actually a lot easier than you might think.

In fact, you can save yourself hundreds (or even thousands) of dollars a year by quitting these three common financial habits.

1. Procrastination on financial decisions

I always procrastinate when I need to make an important financial decision because I'm afraid of making the wrong choice.

I would spend hours browsing the web for articles and videos on personal finance, trying to train myself as well as possible before taking action.

But inevitably, by the time I was ready to make a decision, the opportunity had passed and I had missed it.

I've since learned that procrastinating on financial decisions is one of the worst things. It keeps you from taking advantage of those opportunities, and it makes you miss important information that could help you make the right decisions.

If you are also procrastinating making financial decisions, ask yourself two questions:

Are you afraid of making the wrong choice?

Are you worried about the consequences?

Once you've identified where your fear spots are, you can address them. Depending on your needs and goals, there are many great investment options.

For example, if you're looking for a short-term investment, consider opening a high-yield savings account.

If you're looking for long-term investments, consider stocks, bonds, or mutual funds.

Investing can be scary, but there's no need to delay making a decision about it.

The sooner you start, the sooner you'll see results.

 2. Not diversifying your income streams

When life hit me hard, I learned the importance of having multiple income streams.

I used to rely on only one source of income.

I live on a paycheck and don't have much savings for a rainy day. When the pandemic hit and I was suddenly laid off and lost my income, I was stuck.

This has taught me the importance of having different sources of income so that if one goes down, I have other sources to fall back on.

Start increasing your income stream.

Having multiple income streams is important for two reasons:

It can provide you with a buffer if one of your sources of income goes down.

It can help you grow your income faster.

Best of all, you don't need to go to great lengths for this.

If you want to have multiple income streams, then you need to consider what skills or assets you have that you can profit from.

For example:

Do you have writing skills? Then you can start a blog, make money with ads, or become a freelance writer. (That's my choice. When the time came, I quit my 9-to-5 job because my side hustle was already generating more income for me and I could develop multiple income streams from it).

Do you have a house that you can rent out?

Or do you have a car that you can use for your ride-hailing business?

There are many different ways to make money, so take some time to brainstorm and see what you can do.

Remember, it's never too late to start!

It might take a little more work at first, but it will be worth it in the end!

3. Spending consumption habits

Growing up, I always liked eating out and spending money on new clothes.

As a result, I quickly developed the bad habit of overspending on entertainment and unnecessary luxuries, and it was inevitable that I would not be able to make ends meet each month.

But thankfully, I was able to recognize my bad spending habits and develop a plan to correct them.

If you're struggling with overspending too, here are a few tips to help.

1. Follow the 50:30:20 rule

50% of income is used for basic expenses/needs: eg rent, insurance, utility bills, groceries, etc.

30% of your income goes to things you want: e.g. dining out, gym memberships, entertainment.

20% of your income goes towards saving and paying down debt.

2. Delay your gratification

Wait at least one to two weeks before purchasing any non-essential items online or offline. If it's really needed, it's still there. If it's just something you want at the time, it will gradually disappear from your life.

3. Don’t do window shopping

My psychologist friend told me: Window shopping is more dangerous than you might think (window shopping means just wandering the streets without buying anything). When your body touches an object, the brain is tempted to take pleasure in it.

So you end up buying something you don't really need.

By doing these three things, you can break the cycle of overspending and get your finances back on track.

Now you know the three most common bad financial habits that can wreak havoc on your savings.

But don't worry, these habits can be changed.

All you need is the conscious improvement and small steps you can take to get yourself back on track.

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What do the wealthy people teach you? Part 2

What do the wealthy people teach you? Part 2

6. People who are rich and well-founded actually benefit from the accumulation of the previous generations.

The more money you have, the more you pay attention to education. Use money to get more resources for improvement to have an even better life.

You know, no one will simply die of poverty. Many people go to the end only because they lack knowledge, and this is the most deadly, because ignorance will bind you and drag you into the abyss slowly.

7. Rich people often lie to others, but never lie to themselves.

The characteristic of the rich is that they can deceive. They will deceive people in order to create value, boost morale, and achieve benefits.

Some very powerful people can even send you a wrong message without telling a lie, and you can never see any flaws at all.

However, they have a harsh judgment about their true situation, and they will never be immersed in the beautiful fantasy that they describe. This is completely opposite to the poor.

8. It is difficult for the poor to become true friends with the rich.

Because of the differences in opinions, and lifestyles of the two people are very huge.

Take the level of consumption as an example. The consumption of the wealthy will always increase. If both parties eat or go shopping together, it will be unpleasant for both.

The rich must lower their desires, but the poor only want to meet the minimum requirements. People of different classes have different things every day, and there are very few common topics.

9. People who can boast seem to be more valuable.

To give a very simple example, if there are 2 applications for the job, one of them requests a monthly salary of 5K, and the other requests a monthly salary of 10K. Most people will think that a person with a monthly salary of 10K will be more capable. .

Of course, it is not for you to overvalue yourself. What I want to express is: increase the price appropriately based on your own ability.

For example: if you only have a value of 2K, but you ask for a price of 10K, you will be thrown out by HR.

Therefore, young people must learn more skills, these skills not only provide you with the confidence to speak up, but also become your ‘weapons’ in the future.

10. The lesser the obligations you have, the more victorious you can be

Why? Because you are bold and have the courage to have a go at it.

You can imagine when you have old parents, young kids, a mortgage, or a car loan to take care of; will you be brave enough to use up your savings to invest? Or will you find a stable job and live the rest of your life taking the safer approach?

Therefore, if you want to put up a good fight, you must hurry up when your parents are not old and your children don’t need much support, 25 to 35 years old, a golden ten years.

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What do the wealthy people teach you? Part 1

Should you work for your relative?

Should you work for your relative?

Why do you often hear people say that no matter how poor you are, you should not go to work with relatives?

The most fundamental reason is that he thinks he is helping you, and you think you are helping him.

I heard this story from my friend. He graduated from university when he was 24, and there was once his uncle went to pay a visit to his house. He noted that my friend was graduating soon so he wanted my friend to be responsible for marketing role in his company.

The situation at that time was that, based on his academic qualifications and abilities, he should be able to find salary of 3k a month. Finding a job will not be difficult at all, but since his uncle initiated it, with a monthly salary of two thousand five thousand. He decided to accept the job.

He also believed that his uncle would not treat him badly, so he agreed and went to work in this uncle's company. His salary remained stagnant during his tenure of 1.5 Years with no bonuses. He decided to talk to his uncle about increment of his salary based on his demonstrated ability and performance. However, the talk did not go well and our relationship became sour.

His uncle was not willing to give him any bonus, only willing to raise his salary to 4k. His uncle said that he provided a very good platform for him to learn since he was a fresh graduate at that time. You see, his uncle thought he helped my friend, and my friend thought he was helping his uncle, so there is really no need to work for relatives. There are vast opportunities out in the market.

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Looking for an easy job?

 

How should a typical office worker manage his/her finance?

How should a typical office worker manage his/her finance?

There are mainly 2 concerns of a typical office worker.

1.       How to plan their own income correctly and reasonably

2.       How to better manage their finances

Office workers can basically be divided into two types: "Busy but poor people" and "Moonlight Clan". "Busy but poor people" are generally too busy at work and have no time to manage money. They can only let their assets shrink little by little in this era of low interest rates, but they can't do anything about it. As the name suggests, the monthly salary of the "Moonlight Clan" is just enough for their own expenses, there is no spare money for financial management, and they cannot save much money.

So how should office workers manage their finances?

01     Reduce Debt

Office workers should reduce their debts, and having contingency sum is vital. The simplest way to reduce debt is to improve their net worth. The main liabilities of office workers include housing loans, car loans, credit cards, and consumer loans. Basically, the level of debt that an individual or family can bear should be the remaining disposable income after deducting the monthly fixed expenses and savings requirements.

02     Reduce Expenditure

It is difficult to have more income since promotion or pay raise does not come easy, then they should consume in a planned way and start with "cutting expenditure." Choosing the right time for shopping, buying only the essentials, and avoiding over-swiping credit cards and borrowing money are all things that office workers can control. At the same time, develop a good habit of keeping accounts, check your income and expenditure regularly, and avoid spending aimlessly.

03     Resist Temptation

In the new age, some people will say that it is most important to have fun now, since no one can control the future. But contrary, there are more things worth exploring and experiencing in life. In order to be truly happy, you must be frugal, control your own expenses, and focus on fulfilling your life dream.

04     Forced Savings

Office workers should develop the habit of forced savings. The first step of financial management for office workers is to save first. You must first save a sum of money as the capital of investment, and then talk about accelerating the accumulation of assets.

05     Active Investing

Banks’ fixed deposit interest rates have also been lowered frequently. Office workers in the era should pay more attention to investment, consider the rate of return according to their own needs and risk tolerance, and choose a relatively safe and secure platform.

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"Money" is the best gauge to judge a person