Clipping of news on Brazilian Culture, Law and Citizenship
03/24/2015
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
Be patient, manage your money properly and have a good planning are some examples of how fattening the bank account
executive plunged into dollar bills
Having a good plan is crucial to tread the path million. (Getty Images / Ingram Publishing / SEE)
Not all millionaires were born with stuffed dollars bill. Many struggled to get there. These brave wealthy followed some nice steps and nothing went through difficulties before joining so many millions. The Business Insider talked to psychologists who detected typical behavior - and often obvious - those who today can literally throw money away other than as so much. Interestingly, they never (in any way) play money away. Check out some traces of these millionaires who know exactly where the money came from that conquered:
Spend less than you earn
Make no mistake, if you do not have to spend, spend. It may seem a silly and simple advice, especially in credit was, but the truth is that the dynamics of spending more than you earn can become a vicious circle from which it is impossible to leave.
Patience is a virtue
Even sticking to the number 1 rule, you will not become millionaire overnight. Thus, their wealth will only be accumulated as you save your money for decades. Patience is the ideal component - plus a small dose of audacity in business to try to leverage the equity when opportunities arise.
Pay in cash and in day
The millionaire is smart enough to understand that if he can not afford to pay cash, so he can not afford. So often not the most user interested in credit lines. If using credit card, pay the full bill. Always.
Money does not buy happiness
If you are looking nirvana, you need to focus on getting financial freedom. Happiness is not what money can buy, but the peace brought by the fact of not having to think about money - and, above all, not having debts.
Have a second job
You can not always have time for a second occupation. But for those with free periods where a second job can be embedded, it is a good impetus to improving finance. Have another job not only increases the size of your bank account faster, with also keeps busy, making it difficult to spend already have.
Be happy above all
Although you can enrich doing something you do not like, the question is "why do you do that?". Life is too short. The trip will be much more enjoyable if by doing what you love, the money become one of the rewards.
Do not be afraid to think big
When it comes time to set your savings goals, the millionaire is not afraid to think big. The financial success requires you to have an above average vision, above what you can deliver. Very ambitious goals are the hallmark of a famous billionaire Jorge Paulo Lemann, one of the shareholders of AmBev.
Have a good plan
The millionaire knows that not having a plan is like planning to fail. He also knows that the few millionaires who reached the million without a plan, got there by sheer luck.
Learn to manage your money
The entrepreneur who wants to be millionaire believes that money is like a child; is unable to manage itself. After all, you can not expect your money grow as it should without any management. So keep control over it. But do not let him have control over you.
Time is your ally
The young man who, at age 20, set a goal to get rich, have much longer to achieve it. When setting goals for the juventudo, is more likely to have the means to enjoy the money in retirement.
Source: View
To access the site see, click here.
Our news are taken in full of our partner sites. For this reason, we can not change their content even in cases of typos.
This article was translated by an automatic translation system, and was therefore not reviewed by people.