This technique normally used by the millionaire in their money. There are 3 principles that reserve their regular use.
First Principles :
The sooner you save more happy You know someone who was 25 years old save as much as $ 10 a month ($ 120 a year) will gather as much as $ 3490 when he was 65 years (interest rate of 8% a year)? If he survived for a year, "loss" of $ 2780. If he waited for 5 years, the number decreased by as much as $ 1200 after reaching tempo retired, and if so to wait 10 more years, the number will be reduced as much as $ 2000!. With $ 10 a month, the amount saved for 10 years is $ 12000 but lost the property is $ 2000.
This is the impact of compound interest that is money that is saved in the bank will be charged interest each year. He was like a goat rancher who get 2, 4, 8, 16, 32, 64, 128, 256 and so on when all the goats, bear and give birth. Is something which is still loss if you wait, and it was as if tragedy if you do not save a bit. So, start saving today!.
Second principle :
When you save the same with important how many you save. For example two people the same age have saved $ 500 a year for 15 years. The amount is $ 750. People first store from the age of 20 to 35, before the spouse. People who both save the same amount, but after their children work. He saves as much as $ 7500 from the age of 55 to 65. While the age of 65 years, the first person before, the amount of savings to $ 75,000! Up to 10 times than the amount saved. He is one of the big differences that the two people who gather only $ 7500, although the second-¬ save both of them in the same amount. The difference is not how many are saved, but at the start made savings. Conclusion is that we need to save as much as possible and that as early as possible.
Third Principle :
How much you save is more important than how much revenue you appear as confusing, but you do not need to have a large income to become rich. In developed countries, many people with so-so earnings have become rich because they scrimp and save more than others. They are consistent with the can save more than 10 percent will become rich quickly than those who do not save. For example a family income of $ 3000 a year. They say money-saving carefully and successfully 25% of revenue dibank a month, to $ 750 a year ($ 62.5 a month). After 25 years, revenue collected is $ 59.4. Now compare that with a family income $ 5000 a year, but they love to shop and town, and only save as much as 5% of income or $ 250 a year ($ 2.8333 a month). After 25 years, revenue collected in the bank is only $ 19,800.
Now you already know the secret of investment techniques used by professional and millionaire. Bincangkan with your family and I hope you can save as soon as possible!
No comments :
Post a Comment