10 things about money that schools don't teach you

You can learn a lot of professional knowledge at school, but when you are born, there are things that you haven't been taught all the time. Here are 10 money lessons that you can find worthwhile in your life.

1. You need to learn how to make money and how to use it. No one has ever found solid arguments to justify poverty. Poverty is a disaster like disease. Money can help you live where you like and the way you enjoy it. It helps you to satisfy your aspirations. It gives you an independent life, helping to avoid the control of others. Thanks to it you can travel, explore the world.

2. Naturally, you like security and you also have narcissism. To protect those two things, you need to have assets. Poverty does not bring any benefit. To advance, you need to learn the art of making money. Before you make enough money so you're not afraid of poverty, money is most important to you. Your money gives you good opportunities to develop your skills, helping you choose your living situation. The common sense in the first battle that each of us faces is the battle with poverty. Must win in that first match, you think of the next struggle.

3. The value of money is that it enhances your standard of living, it frees you from poverty, it gives you the freedom to do things. When you don't have money, you have to see money as the most important thing. The ambition to get rich is justified. It is neither selfish nor antisocial. The richer one is, the more one can work on meaning. Money makes people more mature than it makes people miserable. Precisely because of lack of money, people become despicable. A country with many rich people will never collapse.

4. When you know to make a living to save yourself, you have started to immerse us in financial work. If you make a penny and spend a penny, it's hard to overcome poverty. You need to save money until you have in the bank an amount equal to three times the amount you earn per month. The capital was meant to act as a "steering wheel" to regulate the apparatus. It helps you avoid having to work in mediocre jobs, it boosts your self-esteem and independent life.

5. With a small amount of capital, you can build a small business that belongs entirely to you, but before that you need to create that small capital and gain the necessary knowledge about the work to be done. You can open an office or buy a few goods to sell. You can run a business if the amount of sales each week corresponds to the small amount of money you spend on mining. You can open a candy factory or take out a few small shops. Success depends on your salesmanship and your savings.

6. The best way to build some capital is to start saving up all the money you make and then finding a way to make your income really good. When you know how to make your net profit less than 12%, you can borrow more. Just starting a business, you have borrowed too much from relatives is not good. You should start your own business and focus on making it profitable.

7. To increase your return, you need to research the profitability of your capital. Profitable bank deposits are few. If you don't want to send money with certainty, you're better off making it move. Buy goods that can be quickly consumed. The capital must be profitable many times a year, not just once. You can double your capital without having to borrow a penny, if your sales child double the flow. You should prevent redundant purchases or the capital you spend will rot in unproductive inventory. The essence of the business is exchanging, exchanging money for goods in exchange for money back, using money and exchanging things as quickly as possible. The less capital you have, the more you have to keep it working.

8. While on an elephant as well as down a dog, you always keep a relaxed mind, not bewildered because the goods rise or fall. Want to make money and keep the money you need to appear resolute, do not run after the masses. When the price goes up, people try to run to the top of the chop, but when the price drops, they fall down. Do not rush to believe that sitting on the top of the world chop or the world resting on you. When buying and selling, you have to stand out to see things.
9. When buying securities, you should only buy securities that you know well. Buy the shares of the company you are working in, if you see the company has potential or any other business that you know well or are fake of a world famous business. If you are a retailer, you should buy the supplier stocks that proved to be most effective. Must know how to shop smart. Do not listen to the advice of those who "stand alone to hire". The "tui" said good about the item often launched by salesmen, do not rush to trust.

10. If you want to accumulate, you should buy when prices fall and sell when prices rise. Easier said, done that is very difficult. It is a rule to make money wisely, but many people do the opposite of this rule. In the realm of speculation, most people always suffer. A lot of people worry about selling when they are pessimistic (seeing a drop in prices) and buying when they are optimistic (seeing prices rising). In fact, never rise or fall forever. The ups and downs all have a certain cycle. You must try to buy in at low prices and sell at high prices.
Excerpt: To make a career