Clipping of news on Brazilian Culture, Law and Citizenship
07/22/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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According to Paul Sullivan, an expert in finance and financial prosperity, "We believe that money has a value that goes beyond what you can buy and this prevents them from thinking clearly about money and what to do with it"
In an interview with Economy America, Paul Sullivan, the prestigious American writer and author of "The Thin Green Line: the money secrets of the super wealthy" talked about the difference between being successful and being rich and then shared some advice to get a good financial health.
The expert was of passage in Chile within the framework of the regional conference on investments "Secrets to use good money and increase your finances", organized by AFP Capital, a company of SURA Asset Management Chile.
1. Why is the most important prosperity than wealth?
I thought about it a lot before coming to Chile. The difference is that when you are successful, you have options on what you want to do in life, for example, visit the grandchildren, traveling by plane or go to Disney. No doubt, when it is on the side of wealth, even when it raises millions of dollars a year, you have no control over life. I do not think anyone, despite all the money in the world wanted to be in that position. I want to make decisions. If you want to have a day off or take my kids to the zoo, I want it to take decisions.
2. What are the steps to achieve true prosperity?
There are four things you can do with the money regardless of where you live. You can save, spend, donate or can think of it, including good or bad way. So what's the secret? People who thrive, no matter how much they earn, are very aware of the money they have. In contrast, the rich have a lot of money, but never make the difference between what they need and what they want in their life. As a result, they are not able to make the decisions that are possible when taking a prosperous life.
3. Why do people, including the rich, never find prosperity?
Because there is a psychological burden that is linked to money. People think that money has a value that goes beyond what one can or can not buy, and this prevents them from thinking clearly about money and what to do with it.
4. How to save, spend and invest our money good way?
I think the most important thing is to realize what you can control and what you can not control. Very often people confuse the results can not be controlled with savings and investments that can be controlled.
The most prosperous think about the things they can control, they are sure of each month money, save a certain amount of money per year and invest.
5. How to make better financial decisions?
Write with the 10 things you need most and on the other hand, 10 things you most want. So ask yourself: what do I really need and what I really want?
Source: Administrators
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This article was translated by an automatic translation system, and was therefore not reviewed by people.