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* Title of this article is a joke book Napoleon Hill's "Think and Grow Rich", which gives practical advice on how to be rich and happy, how to enjoy the acclaim and notoriety following specific steps. The author maintains that everything created attractiveness scale or acquired in this world is due to the power of thought. When the book first appeared in 1937, it immediately gained the glory of one of the greatest and most inspirational books of its time. To date they have sold over 50 million copies of her.
There is no doubt that the road to wealth and financial freedom begins attractiveness scale in the mind of man, but unlike Mr. Hill, I am in favor of a little more practical side of things. As positive thoughts we have, if not go to the airport and catch a plane will not come to London, right?
In one of the previous articles How to become attractiveness scale rich? I pointed out some of the ways to achieve financial freedom. attractiveness scale Since it generated a lot of questions and comments, I decided to write its sequel. So we all on the same wave, before proceeding to the decision, we will start with the condition of the task.
So what is financial freedom? This is a situation where the passive income you receive from your invested funds consistently exceed your monthly expenses. From this definition it follows that it is different for different people and situations. Anyone can achieve financial freedom with cost 500 lev per month passive income from 600 Levs, and another is a slave to his job, because attractiveness scale she gets 5,000 lev salary but spends 6,000 lev per month (thanks to the banks, this situation is quite possible and a reality for many people).
Of course, you can be financially free for a limited period of time. This leads us to the definition of wealth. It is not measured in money (because each person is different and has different costs and lifestyle) and over time. Wealth is the time during which you can experience without you having to work without loosening your usual standard attractiveness scale of living. For example, if all your wealth is 10,000 lev and your monthly expenses 1,000 Levs, then your wealth is equal to exactly 10 months. You are free 10 months and not a day more. However, if you have 1,000 lev constant passive income per month you financial freedom for life.
The last thing was to clarify is passive income. These are resources that we get some kind of asset without putting much effort and time. Passive income in its purest form does not exist. No asset of the world that you can not do anything and he starts to bring you revenue. The simplest example is a bank deposit. To receive interest on it, you still have to go to a bank and agree to the terms. Nobody will come while you lie at home, take your money and then every month or every year brings interest. This number do some other institutions that provide fast loans. The price, however, is not so low (at least several hundred percent).
So, once we have the condition of the task, move on to its decision. There are two ways to get closer to financial freedom or to increase their wealth. The first is by increasing passive income, and the second is to reduce your monthly expenses. I am a supporter of the co-administration of these two ways. Even have to leave the optimization of costs, which will allow us to remain us more money. attractiveness scale They will be able to buy an asset that will bring us passive income. Sounds simple, right? attractiveness scale In fact it is not so easy. Parable
Nasreddin Hodja appointed for kadi (judge). At that time, the authority of the court was different and people had respect for him. Moreover - it is not only judged, but he tried his decisions to educate people. And so, gradually, the judge became real authority.
- You know, woman ... I very much like sugar and when you came the first time - and I ate thirty lumps a day. He promised to help you, I decided to cut down. Only it was very hard and for a month I was able to get only fifteen lumps daily. So I sent you and then continued. Yes, now I eat three lumps of day, as well as leading attractiveness scale your son to do.
- Because - Imam replied - I can order someone to do something without being checked whether it is feasible. In fact probably why I'm a respected man ... Before attractiveness scale you start to lead, learn to follow
What is the connection to our theme of this parable. As I Nasreddin Hodja had himself passed on the way to your e
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