In nature, everything is born, grows, and dies – it’s a universal rule. With money, this doesn’t seem to work because money is born and from then on begins to lose value (wither). How so? – The money you received today already starts to lose value tomorrow, until it’s worth very little (money loses purchasing power, that is, it’s worth less). To avoid this, you should learn to invest, thus ensuring that it loses less value or even multiplies.
The 70/30 Rule.
There’s always a dilemma: Of what I earn, how much do I spend and how much do I save? If I spend it all, it’s not good; if I save it all, how will I live? The 70/30 rule solves the dilemma because you use 70% for your expenses and comfort, without remorse for spending it, use 10% for charity, 10% for building wealth, and 10% for investment – used as a seed. In reality, there is a difference between the financial market and investment. The financial market is for maintaining wealth, with chances of increasing it over time. Investment is what you use for an activity that can make the invested value return a greater value, such as commerce or the manufacture of a good. This part is the value that takes risks because we don’t know if the investment will prosper or not. The issue of saving should be treated with care because there are two mindsets: the scarcity mindset and the abundance mindset. The scarcity mindset is about saving a lot, cutting expenses on things you enjoy, to the point of showering with a soap that costs a tenth of the price of the soap you like, just to save money! The abundance mindset assumes that the world has plenty; if I want more, I will seek more! I will not consume less!
Dream of owning an oil company, an aviation company, a large chain of department stores, a large chain of bookstores, a large transportation company, a large technology company. Dreaming has no limits, but reality does.
The possibility of your dream coming true can be helped by answering some questions:
If your answer was to be a sole proprietor, then your dream really does require a lot of work and money, as well as a lot of training, to come true.
If you choose to have a few partners, the realization may be a little less laborious than the answer above.
If the number of partners dos not matter, there is the possibility of realizing your dream with little work, little money (relative to the other previous answers) and little training. Does it sound like a joke? But it is not. This answer exists: Becoming a partner in companies through the stock market!
How to become a partner this way:
