Are there patterns that made the rich rich? How do they behave and what unwritten rules do they follow? Being rich...is a mindset. And anyone can learn it.
Money can't buy happiness, but a certain level of material security is necessary for normal operation. The current economic and social system is unfair to many, while putting others at a financial advantage. While we wait (or fight) for a fairer world, for fun, read these 8 saving rules that the rich follow. We know that it is definitely something extremely useful and you must take it into account if you want to become rich!
Certain financial savings measures assume that we have a high enough income to be able to afford them. The rule is that at least 20% of its revenues put aside, it's hard to take into account if we're barely making it from month to month anyway. Here and there there are some tips for optimizing your financial situation, which are actually useful and feasible for each individual. You might find something for yourself in this too a list of 8 saving rules followed by the rich.
Use your credit card only in emergencies.
A credit card is a great way to make purchases until the bill comes at the end of the month. Try to use it only when it is really necessary. Otherwise, you are more likely to spend more money than you can really afford.
Invest in those services that save you a lot of time.
Time is money. Investing in those services that save you a lot of time pays off! For example, imagine that cleaning your apartment takes about five hours a week. Do a calculation of how much money you can make during this time and how much it costs to hire someone to clean your apartment once a week. In the event that you have the option of paid overtime, it may be more rational and cheaper to pay someone to do certain things for you, and you spend the saved time on additional work.
Don't delay paying your bills.
By delaying the payment of the bill, we only accumulate additional worries. This gives us an unrealistic idea of how much money we still have available this month, and sometimes we even forget to pay and thus accumulate additional costs.
Don't buy on impulse.
Most commercials try to play on our emotions and unsatisfied needs with one or another cunning strategy to get us to buy products that we may neither need nor really want. The good news is that we can train ourselves to resist this, at least to a certain extent, and shop according to our own needs and desires. Simple tricks for this kind of training are to make a shopping list before shopping, which we strictly adhere to in the store, to only buy products that we really need, and to introduce the rule that we do not decide on major purchases in one day, but sleep on them. One of the first steps in training conscious shopping is, for example, not to buy impulsively.
The brand is not the most important thing.
A good brand does not mean excellent quality, and vice versa - an unknown brand does not mean that the product is of poor quality. Even the rich don't always buy well-known brands, even though they could easily afford them. IKEA owner Ingvar Kamprad, for example, only bought his clothes at the flea market.
Make a list of things you can buy on sale.
It must have happened to you that you bought a beautiful scarf or new shoes, but two weeks later that product was reduced by half its price, and then you gritted your teeth. You can avoid this by making a list of things you otherwise need, but you can also wait a month or two to buy them, and then simply buy these things on sale.
Introduce shopping-free days.
Sometimes we had Sundays when practically all the shops were closed and we simply couldn't buy anything. Today, shops are open practically every day, which of course increases the amount we spend each week. Set aside one day a week when you don't spend a single penny. You will be surprised how much money you can save.
Invest in things that keep you happy and healthy.
Be clear with yourself about what really makes you happy. Is it really another pair of shoes or a new phone even though the old one was still perfectly fine? It may be more worthwhile to invest in things that will make you happy in the long run - say a bike that you can use to go up hills or a plane ticket that will allow you to expand your horizons.
Use the 24-hour rule.
For unusual purchases, it is wise to use the 24-hour rule. What does that mean? It's simply that you only buy the thing after a 24-hour break, during which you have time to think about whether you really need it or want it so much.