Chapter 87 SynTao 86 Wealth can rise only through savings

The essence of business: Developing the habit of saving does not mean that it will limit your ability to earn money.Just the opposite - when you apply this law, not only will you systematically preserve the money you earn, but it will also put you on the path to greater opportunities and will strengthen your powers of observation, self-confidence, and imagination. , aggressiveness, and leadership skills can really increase your earning power. People in Wenzhou believe in such an obvious truth: the growth of wealth cannot be achieved only by saving, but if you have always been a "moonlight family" and never saved, you will never become rich.Therefore, at the beginning of your independent life, it is absolutely necessary to accumulate part of your income as savings. Only by saving your wealth can you make your life better and have capital for further investment.

In Taiwan, Hou Changming, a radio and TV host who aspired to be a rich man since he was a child, really bought his first ten-million-dollar house before the age of 29.The dream can be realized mainly because he thoroughly adheres to the "defense and attack" theory created by himself.In Hou Changming's eyes, defense is savings. Relying on the 1.2 million yuan he worked hard to save after retiring from the army, he survived the unemployment period smoothly; to great benefits.Now 34 years old, he has accumulated more than 10 million assets. Hou Changming, who was born in a poor family when he was a child, knew that money was hard to come by, so he always cherished every penny, and thus developed his personality of saving money.Watching the money earned from part-time jobs and saving it into his account in a solid manner was the greatest satisfaction of Hou Changming's student days.Before joining the army, he had saved more than 500,000 yuan.

Hou Changming's first job after retiring from the army had a monthly salary of only 14,000 yuan. In order to save money, he followed a meeting of 10,000 yuan, so he only had 4,000 yuan for living expenses every month. How can I spend 4,000 yuan for a month?Hou Changming calculates that he can only spend 1,000 yuan a week. In order to save money on gas, he puts aside the car he bought after retiring from the army and rides a motorcycle instead; Hit the swollen face to pretend to be fat.Hou Changming knows that only by spending as much money as he has and saving enough money can he be able to create the future.

Hou Changming, who only wants to work hard and save money desperately, as he hosts more and more jobs, his highest record is only 140,000 yuan, and his bank account number has also climbed all the way, breaking through the million mark.However, the good times didn't last long. In 1996, all the six shows in his hands were suddenly stopped. Hou Changming had to go to the folk song western restaurant to sing and live on a monthly income of less than 10,000 yuan.Fortunately, the 1.2 million yuan in the account was like a reassurance, allowing him to survive the nearly five-month vacancy period until he entered the UFO radio station.

After doing enough defense and saving enough bullets, Hou Changming started to fight, that is, he invested part of the money, and at the age of 29, he bought his first house in his life.Even though Hou Changming's money is getting better and better now, he still does not change his "iron rooster" personality, and saves 2/3 of his monthly income honestly.Opening his wallet, he will never have more than 5,000 yuan in cash; with assets of more than 10 million, he only has two bank credit cards. As soon as he swipes the card, he will immediately withdraw the fee for the card swiping and put it in the envelope , to remind yourself how much money you have spent, and you will never use revolving interest.

Hou Changming, who lived frugally and worked hard to make money and save money, has laid a solid foundation for the future. He believes that many people only think about financial management without practicing, and working hard to save money is the first step towards the "money journey".Especially in today's high unemployment rate and recession, financial management should focus on saving money first, and accumulate enough capital, so that there is a way to advance and attack, retreat and defend, and be invincible. Saving money is one of the basic requirements for getting rich for all people, but the big burning question on the minds of those who haven't saved is: "What can I do to save money?"

Saving money is purely a matter of habit.It is quite true that man shapes his character by the laws of habit.After any behavior is repeated several times, it becomes a habit.And the human will is but a driving force that grows out of our daily habits. Once a habit is fixed in the mind, the habit will automatically drive a person to take action.For example, if you follow a regular route to a place that you go to work or frequent every day, the habit will develop after a while, and your mind will lead you along that route without you having to think about it.What's more interesting is that even if you want to go in another direction at the beginning of your departure, if you don't remind yourself to change the route, then you will find yourself on the original route without knowing it.

Getting into the habit of saving doesn't mean it will limit your ability to earn money.Just the opposite - when you apply this law, not only will you systematically preserve the money you earn, but it will also put you on the path to greater opportunities and will strengthen your powers of observation, self-confidence, and imagination. , aggressiveness, and leadership skills can really increase your earning power. A young man from Wenzhou came to Shenzhen from the agricultural area of ​​Wenzhou to work in a printing factory.One of his colleagues opened an account with a savings company and got into the habit of depositing 5 yuan a week.

Under the influence of this colleague, the young man also opened an account in this savings company.Three years later, he had a deposit of 900 yuan.At this time, the printing factory where he worked had financial difficulties and faced the bad luck of closing down.He immediately took out the 900 yuan to save the printing factory, and thus obtained half of the printing factory's shares. He adopted a strict system of savings and helped the factory pay off all its debts.Today, because he owns half of the shares, he can get more than 25,000 yuan in profits from this factory every year. At the beginning of the establishment of the Ford Motor Company, Henry Ford urgently needed funds to promote the production and sales of automobiles.So he turned to some friends who had several thousand dollars in savings, one of whom was Senator Kerens.These friends were obliged to help him, pooling up a few thousand yuan, and later received several million yuan in bonuses.

The great plutocrat Rockefeller, who used to be just an ordinary bookkeeper, thought of developing the oil business, which was not even considered a business at that time.He was in dire need of funds, and as he had acquired the habit of saving, and having proved capable of maintaining other people's funds, he borrowed what he needed without any difficulty. The real foundation of Rockefeller's wealth was the saving habit he developed while working as a bookkeeper for $40 a week. Many businessmen will not readily place their money in the hands of another unless that person can prove that he is capable of taking care of his money and using it properly.The test is quite practical, but it may be a constant embarrassment for those who have not yet formed the habit of saving.

Robert Kiyosaki said that long-term wealth is built on the basis of saving money.Earning money won’t make you rich if you don’t save; inheriting millions won’t make you rich if you don’t save; winning the lottery won’t help if you don’t save.Investing can make you rich, but there is no money to invest without saving.The road to wealth and freedom must be through saving money, there is no shortcut, and there is no detour.Every self-made millionaire is committed to saving money. In today's society where making money is for spending money and advocating consumption, many people often get into trouble because of excessive spending.Marketing gurus convince us that spending money is cool, and we are bombarded with thousands of ads every day asking us to spend, spend, spend.They have done so well that many people wonder who they are and what they have? Lack of money is not the problem, not saving money is the problem.Saving money can make you rich and free, but most people get caught up in their spending habits.According to a 1998 survey conducted by Patrick Purse of the U.S. Census Bureau, 61% of workers (6.6 million people) aged 24 to 64 had no retirement savings of any kind. Many times, money matters are beyond our control.We cannot control how much money we make, the amount of taxes we pay, the rate of inflation, or the return on investment.The only thing we have control over money is how much we decide to spend.You can't control the country's economy, but you can control your own economy. Financial freedom doesn't cost a dime, it's not a gift, and it's not easy to achieve, but it's free.Buying things is what costs money and prevents you from saving, investing, or being among the winners.When you start saving money, you are investing in yourself. The more you invest, the sooner you can buy your freedom and live the life you want. If you don't save money, "hard times" will come uninvited, and workers may lose their jobs in a recession; employees will lose their jobs when companies go bankrupt; I lost my support.It is conceivable that if unemployed people continue to spend their wage income on consumption without making any savings, then they will definitely fall into a miserable situation.However, they can completely avoid such encounters - saving some money at home or in the bank can at least ensure that they are more calm and can breathe before finding a new job.For example, although the savings of 10,000 yuan is not a lot, it is of inestimable value to a poor person, and it can even ensure that this person can smoothly move towards the road of self-reliance in the future. Of course, the value of wealth cannot be estimated in terms of money itself, and the greedy desire to accumulate wealth should also be correctly guided and curbed. However, we must face up to the role and benefits of money in life. Without enough money, there will be no comfort and security. life, it is difficult to achieve honesty and self-reliance.For those who aspire to be rich and live a rich life, here is a piece of advice for you: learning to save is the beginning of learning to live!No matter how hard you are living now, remember to save a little money every month for emergencies in the future, so don't spend your monthly income in one month, and don't spend your year's income in a year.Really practice this advice, and you will stay away from a miserable life of relying on others and begging on the street.No matter what class people are, whether they are men or women, they should rely on themselves and let their savings fuel themselves.There is an adage that goes, "It's better to have money in your pocket than someone in your court." Save a dollar and you've taken a step forward.Saving and hoarding money is the best expression of self-restrained prudence and farsighted wisdom.This is a good start to a secure life in the future, the seed of a self-reliant life. A well-dressed workman at the Branford Savings Bank talks to the bank manager.He told the manager that by now he had close to £80 in deposit.But he was an out-and-out alcoholic before.He started saving because he was inspired by his wife.One day by chance, he saw £20 in his wife's passbook, and he thought, "I've always been so profligate, and she can still save so much money. If I cooperate with her, won't I save more?" Since then, he has worked hard to quit drinking, worked hard, and spent money carefully.In the end, he said that the main credit for his family to have such a deposit lies with his wife and the savings bank.Today, his life is no longer as difficult as it used to be.He can live a happy life in a planned, regular and confident way. If you have no money and have not yet developed the habit of saving, you will never give yourself any chance of earning money.This is really an out-and-out fact. It doesn't hurt to repeat that the real starting point for nearly all wealth, big or small, is the habit of saving. Build this basic principle firmly into your will, and you will be well on your way to financial independence. A man who has neglected to form the habit of saving has spent his life working and toiling, unable to get rid of it.It's a sad sight.However, in today's world, millions of people live this kind of life. The most important thing in life is "freedom".It is impossible for a person to be truly free without a considerable degree of financial independence.It's a pretty scary thing.A person is forced to stay in a fixed place and do a fixed job for several hours a week, every day, and for a lifetime.In some ways it is tantamount to being in a prison because one's movements are already restricted.In fact, it may not be as good as the "model prisoner" in the prison, and sometimes it is even more pathetic than the average prisoner.Because the prisoner in prison at least doesn't have to bother to find a place to sleep for himself, and find something to eat and clothes for himself. The only way to escape this life sentence of deprivation of liberty is to get into the habit of saving.Then keep this habit forever, no matter how much sacrifice you have to make.For those of whom we have referred, there is no other way of escaping this dilemma than this, unless you are one of the very few exceptions. In the initial stage of independent life, savings banks help people in many ways. It can keep young people from being burdened by debts, and also deposit necessary wealth for them in the future, ensuring that they will not be helpless in the face of emergencies. Help the less fortunate with kindness and generosity.Isn't that something to be admired for?