. I don't see when the income/profit comes fantastically, but I feel when opportunities are quiet, market competition or natural obstacles that allow me to lack jobs, being wise in managing assets such as being in a crisis is better than being wasteful. Of course, I will focus on increasing my portfolio and other physical asset wealth. Indeed, this is a simple technical theory that enters the human brain, avoiding the proverbial big peg than the tihang, but everyone's fortune has its allotment and is arranged by God, there is an allotment of wealth levels with the opportunity we only try and look for. 
Topic: Things to avoid when you earn a lot or become rich - page 3. (Read 2171 times)
Money is like mineral water that we have and can not feel heavy when spending it, even a class of companies / big figures can stumble with large expenses, both for needs and covering holes during operations. The point of the root is that even the smallest expenditure starts from the individual himself, can manage well and minimise. Although sometimes when saving a lot of wealth too freely on the pretext of urgent interests, that's how I feel. . I don't see when the income/profit comes fantastically, but I feel when opportunities are quiet, market competition or natural obstacles that allow me to lack jobs, being wise in managing assets such as being in a crisis is better than being wasteful. Of course, I will focus on increasing my portfolio and other physical asset wealth. Indeed, this is a simple technical theory that enters the human brain, avoiding the proverbial big peg than the tihang, but everyone's fortune has its allotment and is arranged by God, there is an allotment of wealth levels with the opportunity we only try and look for.
. I don't see when the income/profit comes fantastically, but I feel when opportunities are quiet, market competition or natural obstacles that allow me to lack jobs, being wise in managing assets such as being in a crisis is better than being wasteful. Of course, I will focus on increasing my portfolio and other physical asset wealth. Indeed, this is a simple technical theory that enters the human brain, avoiding the proverbial big peg than the tihang, but everyone's fortune has its allotment and is arranged by God, there is an allotment of wealth levels with the opportunity we only try and look for. indeed managing finances is not easy, not everyone can manage finances well, there are people who already have a lot of money or a clear source of income but they still experience financial problems and I think that's because they can't manage their finances well so they often run out of money even though their income is more than enough, expenses that are not too important are what they have to pay attention to when they already have a lot of money or already have a clear source of income. For some people they are very lucky because they can make money easily but that doesn't mean they can spend the money they have without consideration. everything must be considered as carefully as possible.
saving or saving must be done, many people do not pay attention to this even though saving is a very important thing because by saving they will have a certain amount of money for the future where there is no certainty about the future, they could experience bad events such as illness that requires medical costs, by having savings, emergencies like this can be handled without borrowing or borrowing money.
From my point of view, it would be better if we had a lot of wealth by being able to manage our finances, wisely, of course we have to think from a low level and the process of getting the wealth that we earned from the beginning with difficulty is by thinking like that, making it possible to spend money. or invest it very carefully because we remember how difficult it is for us to start life from the bottom and that makes it a lesson that is hard to forget. The success we have achieved now makes it the best teacher for every experience we have and it is very important not to spend,saving or saving must be done, many people do not pay attention to this even though saving is a very important thing because by saving they will have a certain amount of money for the future where there is no certainty about the future, they could experience bad events such as illness that requires medical costs, by having savings, emergencies like this can be handled without borrowing or borrowing money.
money that we get without careful consideration.
indeed managing finances is not easy, not everyone can manage finances well, there are people who already have a lot of money or a clear source of income but they still experience financial problems and I think that's because they can't manage their finances well so they often run out of money even though their income is more than enough, expenses that are not too important are what they have to pay attention to when they already have a lot of money or already have a clear source of income. For some people they are very lucky because they can make money easily but that doesn't mean they can spend the money they have without consideration. everything must be considered as carefully as possible.
saving or saving must be done, many people do not pay attention to this even though saving is a very important thing because by saving they will have a certain amount of money for the future where there is no certainty about the future, they could experience bad events such as illness that requires medical costs, by having savings, emergencies like this can be handled without borrowing or borrowing money.
saving or saving must be done, many people do not pay attention to this even though saving is a very important thing because by saving they will have a certain amount of money for the future where there is no certainty about the future, they could experience bad events such as illness that requires medical costs, by having savings, emergencies like this can be handled without borrowing or borrowing money.
Most persons are concerned about earning money, they just want to earn money which is a good thing but, the and most important thing that accompanies having to earn money is; you having to keep that money. I’m tact, earning comes cheap and easy to some persons but managing this money, using it in a way that it could last you for the time it needs to have a top up and even acquire some luxury is the real deal.
This is why you find people having personal accountants. Go look up on their assets and I form them when they are doing badly and when things are just in line with the plan. You need a good management strategy should you want to stay rich as, haven’t got and then results to lack is one of the worst things that could happen to a person.
This is why you find people having personal accountants. Go look up on their assets and I form them when they are doing badly and when things are just in line with the plan. You need a good management strategy should you want to stay rich as, haven’t got and then results to lack is one of the worst things that could happen to a person.
This is like a personal suggestion to anyone because it is something that has to do with the occurrence of life to the society but from my own perspective and point of view I understood that whenever you are rich you have a lot of responsibilities and it is obvious that he reaches does not have a hidden agenda or hide under things, so you must be open to people depends your current attitude so I believe that when is someone became rich it will affect the mentality of the person's characteristics but it is only a few individuals on Earth that can be able to have a control over power of Riches
OP, is looking at things from a general point of view. Have you ever asked yourself that whenever you are rich there are lots of responsibilities that come it doesn't mean those responsibilities were not there when you were poor. Many would say why now? What I'll tell you here is that the responsibilities were there when you were poor, but you don't look at it as a responsibility. Immediately you get rich you tend to see those things as your responsibilities and accept them. If we can see things at the same way we looked at when we were poor, we will surely make good use of our money when we were rich. 
This is like a personal suggestion to anyone because it is something that has to do with the occurrence of life to the society but from my own perspective and point of view I understood that whenever you are rich you have a lot of responsibilities and it is obvious that he reaches does not have a hidden agenda or hide under things, so you must be open to people depends your current attitude so I believe that when is someone became rich it will affect the mentality of the person's characteristics but it is only a few individuals on Earth that can be able to have a control over power of Riches
To stay rich, you need to keep doing the right things you did while making money. Being rich is not always permanent and requires sustainability. That's why many wealthy people seek advice from advisors. Everyone wants their wealth to be sustainable. They are afraid of temporary wealth.
When you are rich, it may not be right to fulfill all your desires at once. You need to work to make your wealth permanent. This business should be in a plan and we should constantly increase our income. Some wealth of fixed value is temporary. Money needs to increase and become regular.
I agree with what you say about investing in ideas. Investment should always be diversified.
Investment is important for everyone, one of the dependable streams to use as backup. Wealth is generally a priority for everyone but we should also stick to making principles that will elevate one to reach the top. To become rich, one need to make crucial sacrifice to get to this phase and maintaining it becomes stable for promising streams. When you are rich, it may not be right to fulfill all your desires at once. You need to work to make your wealth permanent. This business should be in a plan and we should constantly increase our income. Some wealth of fixed value is temporary. Money needs to increase and become regular.
I agree with what you say about investing in ideas. Investment should always be diversified.
Well, sometimes new rich people or people who have just gotten a lot of money, don't know what they are going to do with that money, and think that it will continue to be there. Many people buy expensive things, or don't pay attention to the investment or business they are building, so they spend the money for nothing. This is usually realized when their income starts to decrease, or their money will soon run out.
However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Having the thought that money will never run out is a big mistake someone can make, every day there are needs that must be met which drain the pockets. If expenses are not balanced with income, slowly the wealth owned will continue to decrease and over time the wealth will run out. The first thing that needs to be done is to balance income with expenses, it is necessary to innovate with his wealth to generate profits such as building a business and investing.However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Next, always prioritize needs over desires, this method will prevent overspending and indirectly build good financial management. There are so many ways you can increase your wealth, every daily expense or weekly expense will be covered from business profits and investments, in this way you can meet every need without having to disturb the wealth you have so far.
Think big, guy. Launch a problem-solving business. Profit and change the world at the same time. Spending money is a vote for the kind of society you choose to live in. Purchase from regional companies and back environmentally friendly goods. This is about life balance as much as checkbook balance. You build a legacy and avoid debt by living within your means. Your money ain't just for you. It's a tool to build a better world. Use it wisely
To stay rich, you need to keep doing the right things you did while making money. Being rich is not always permanent and requires sustainability. That's why many wealthy people seek advice from advisors. Everyone wants their wealth to be sustainable. They are afraid of temporary wealth.
When you are rich, it may not be right to fulfill all your desires at once. You need to work to make your wealth permanent. This business should be in a plan and we should constantly increase our income. Some wealth of fixed value is temporary. Money needs to increase and become regular.
I agree with what you say about investing in ideas. Investment should always be diversified.
Well, sometimes new rich people or people who have just gotten a lot of money, don't know what they are going to do with that money, and think that it will continue to be there. Many people buy expensive things, or don't pay attention to the investment or business they are building, so they spend the money for nothing. This is usually realized when their income starts to decrease, or their money will soon run out.
However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Having the thought that money will never run out is a big mistake someone can make, every day there are needs that must be met which drain the pockets. If expenses are not balanced with income, slowly the wealth owned will continue to decrease and over time the wealth will run out. The first thing that needs to be done is to balance income with expenses, it is necessary to innovate with his wealth to generate profits such as building a business and investing.However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Next, always prioritize needs over desires, this method will prevent overspending and indirectly build good financial management. There are so many ways you can increase your wealth, every daily expense or weekly expense will be covered from business profits and investments, in this way you can meet every need without having to disturb the wealth you have so far.
Think big, guy. Launch a problem-solving business. Profit and change the world at the same time. Spending money is a vote for the kind of society you choose to live in. Purchase from regional companies and back environmentally friendly goods. This is about life balance as much as checkbook balance. You build a legacy and avoid debt by living within your means. Your money ain't just for you. It's a tool to build a better world. Use it wisely
Well, sometimes new rich people or people who have just gotten a lot of money, don't know what they are going to do with that money, and think that it will continue to be there. Many people buy expensive things, or don't pay attention to the investment or business they are building, so they spend the money for nothing. This is usually realized when their income starts to decrease, or their money will soon run out.
However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
These new rich people have at least been in the process for quite a long time to get everything that they had never felt or obtained before. If he buys luxury goods, I think he is pampering himself. I think that's a normal thing. It is impossible for someone who has achieved all of this or someone who is newly rich to not manage their finances well, and of course they have thought carefully about how the wealth they have achieved or experienced at that time can be used to build other sources of income and it is impossible for them to throw it away for nothing. However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
I will buy expensive things that I truly need. When I am rich and money is not a problem, I will spoil myself and my family.
That is what I am going to do when life my so tough before and we cannot avoid things that we want and need years ago.
That is what I am going to do when life my so tough before and we cannot avoid things that we want and need years ago.
Those who think buying expensive things is a waste are people who are not really rich because that is the dream of any poor person, and when we are really rich there is no reason why we should not buy them. We try to earn more money every day and becoming rich is to make our lives better so there is no reason we have to continue living in poverty when our accounts are already too much money.
Personally, I will not hesitate to spend on expensive things, delicious food...when I am rich and I will find ways to make more money instead of saving and continuing the life of a poor person.
I do not have a lot of debt so I am spared with that one and I can easily move with the next step of life when I have become wealthy and rich.
Once one is called rich, I think that person no longer has any debt, if someone still owes a large amount of money, I don't call them truly rich, they are just fake rich.
Well, sometimes new rich people or people who have just gotten a lot of money, don't know what they are going to do with that money, and think that it will continue to be there. Many people buy expensive things, or don't pay attention to the investment or business they are building, so they spend the money for nothing. This is usually realized when their income starts to decrease, or their money will soon run out.
However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Having the thought that money will never run out is a big mistake someone can make, every day there are needs that must be met which drain the pockets. If expenses are not balanced with income, slowly the wealth owned will continue to decrease and over time the wealth will run out. The first thing that needs to be done is to balance income with expenses, it is necessary to innovate with his wealth to generate profits such as building a business and investing.However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
Next, always prioritize needs over desires, this method will prevent overspending and indirectly build good financial management. There are so many ways you can increase your wealth, every daily expense or weekly expense will be covered from business profits and investments, in this way you can meet every need without having to disturb the wealth you have so far.
I will buy expensive things that I truly need. When I am rich and money is not a problem, I will spoil myself and my family.
That is what I am going to do when life my so tough before and we cannot avoid things that we want and need years ago.
I do not have a lot of debt so I am spared with that one and I can easily move with the next step of life when I have become wealthy and rich.
That is what I am going to do when life my so tough before and we cannot avoid things that we want and need years ago.
I do not have a lot of debt so I am spared with that one and I can easily move with the next step of life when I have become wealthy and rich.
Well, sometimes new rich people or people who have just gotten a lot of money, don't know what they are going to do with that money, and think that it will continue to be there. Many people buy expensive things, or don't pay attention to the investment or business they are building, so they spend the money for nothing. This is usually realized when their income starts to decrease, or their money will soon run out.
However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
That is the reason why people should plan ahead of time when they are expecting money or if they have started earning huge amount of money because there are times when you will just become so confused on the kind of investment you want to venture into but if you had plan earlier before the money starts coming it will help you to direct your finances on that useful projects instead of spending extravagantly while still contemplating on the kind of business to venture into and before you know it the money must have reduced so much such that you can even lose interest in starting up an investment.However, I have also felt this way, when holding quite a lot of money, but I was lucky that I had time to pay attention to several investments which currently still continue to provide me with income, although not that much.
There's one thing about getting money before planning, it makes you become confused on where to invest the money and you can begin to think of living some luxurious lifestyle that will end up eating your money because at that stage your taste of material things will increase and you begin to seek for pleasures because you will feel that the money will continue to be there but a day will come when you will realize that you have made a terrible mistake of which you may not completely heal for life. I have seen people make money and live larvish lifestyle without investment but at the end they return back to square one.
And due to a lack of spending awareness, we become impulse buyers. Until this habit becomes our second nature or the worst, we base our spending on what we want other people to see in us.
Some people are spendthrift and there is nothing any one can say or do about it. Those spending doesn't really mean that they are rich but it is just there life style and that is the way they will be without changing, except they have someone maybe a couple who can balance it off for them. But to spend isn't about being rich or poor but the way people live there life. So therefore, there are rich people who are not good spenders, they are not wired that way while some poor people or average people live the life as if they have all the resources that supports the way they spend money. It is a lifestyle though can be balanced and curtailed.
The rate of shopping done to show off to others is quite high. Most of the expenses are made just to buy something, not out of necessity. This madness must stop. Making such purchases also causes prices to increase.
Spending does not indicate whether a person is poor or rich. This is more a matter of habit. Trying to live like the rich without being rich will cause both debt and a negative situation for the future. Everything we have said can be improved if we become conscious individuals and our economic habits can become better.
And due to a lack of spending awareness, we become impulse buyers. Until this habit becomes our second nature or the worst, we base our spending on what we want other people to see in us.
Some people are spendthrift and there is nothing any one can say or do about it. Those spending doesn't really mean that they are rich but it is just there life style and that is the way they will be without changing, except they have someone maybe a couple who can balance it off for them. But to spend isn't about being rich or poor but the way people live there life. So therefore, there are rich people who are not good spenders, they are not wired that way while some poor people or average people live the life as if they have all the resources that supports the way they spend money. It is a lifestyle though can be balanced and curtailed.
And due to a lack of spending awareness, we become impulse buyers. Until this habit becomes our second nature or the worst, we base our spending on what we want other people to see in us.
Some people are spendthrift and there is nothing any one can say or do about it. Those spending doesn't really mean that they are rich but it is just there life style and that is the way they will be without changing, except they have someone maybe a couple who can balance it off for them. But to spend isn't about being rich or poor but the way people live there life. So therefore, there are rich people who are not good spenders, they are not wired that way while some poor people or average people live the life as if they have all the resources that supports the way they spend money. It is a lifestyle though can be balanced and curtailed.
Except for those who suddenly become rich through inheritance or winning the lottery, the remaining people are rich thanks to their tireless efforts. Do you think they won't know how to manage finances and money? If they don't know the basics of finance, do you think they will become rich? Just like you, you are not rich yet but when you become rich, do you think you will be stupid enough to waste money on useless things without a plan? So I think we should stop giving advice to rich people or stop thinking that they are bad at financial management because if they were that bad then they wouldn't be rich.
What you say makes perfect sense, because logically when they become rich it can be said that they are successful in managing their finances, unless it is said that they are rich because of an inheritance or winning a lottery which suddenly makes them very rich.But I think what we're talking about here has to do with something that makes someone suddenly rich, and in the OP's question on his first page, with the question "What should you do when you have a lot of money?". So in my opinion, this is a situation where we are invited to speculate about when we will become very rich in the future.
However, what I see is that some people are rich because they are rich because they inherited their parents' property or are rich because of inheritance, be it companies or other things. So perhaps this is also advice to those with very wealthy families that they will likely inherit their parents' wealth.
The important point is that we don't need to question who this advice is for, but we have to take the positive side.
To be honest, we are not rich yet and none of us has any experience managing huge assets nor any experience in managing a business. So the fact that we give people advice to the rich, is that right? We should give advice from our own experiences and experiences instead of just experiences collected from the internet or movies.
In addition, rich families have very good financial management experience, so even if their children inherit, I think they have passed on all their experience or have made arrangements for their children. We should not give advice indiscriminately when we have never experienced similar things.
You should also learn to keep quiet sometime about your progress in life, it's not everything you do you must tell people that you want to do or you are trying to achieve. When people get to know your plans, they may feel jealous and may do something that will stop you from reaching success. Some friends have killed eachother because they refused to keep somethings to their self, been a private person save you from a lot of things.
Yes, indeed a person who cannot keep his own secret cannot be kept by anyone else. There are some things that you don't have to tell everyone, there are some secrets that you just have to keep to yourself, especially when you get older and you start earning, then your friendships, you have to think about everything you share so that nothing gets you into trouble later.
Suppose we are very rich and our friend needs money or our relatives and we make a strategy that where and how we should spend our money and how to make money from money at that time. If someone asks us for help, we will become a player if we help him, and if we do not help, we will be cut off from everyone and become bad in the eyes of everyone. That is, from the very beginning, our secrets should be kept to ourselves. How much we earn, where we earn, where we spend, all this should be limited to us.
Except for those who suddenly become rich through inheritance or winning the lottery, the remaining people are rich thanks to their tireless efforts. Do you think they won't know how to manage finances and money? If they don't know the basics of finance, do you think they will become rich? Just like you, you are not rich yet but when you become rich, do you think you will be stupid enough to waste money on useless things without a plan? So I think we should stop giving advice to rich people or stop thinking that they are bad at financial management because if they were that bad then they wouldn't be rich.
What you say makes perfect sense, because logically when they become rich it can be said that they are successful in managing their finances, unless it is said that they are rich because of an inheritance or winning a lottery which suddenly makes them very rich.But I think what we're talking about here has to do with something that makes someone suddenly rich, and in the OP's question on his first page, with the question "What should you do when you have a lot of money?". So in my opinion, this is a situation where we are invited to speculate about when we will become very rich in the future.
However, what I see is that some people are rich because they are rich because they inherited their parents' property or are rich because of inheritance, be it companies or other things. So perhaps this is also advice to those with very wealthy families that they will likely inherit their parents' wealth.
The important point is that we don't need to question who this advice is for, but we have to take the positive side.
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