A correct start is the key to success. Only by having a correct concept of financial management can you end your poverty genes and tailor the DNA of wealth for the next generation. Suzie Orman once said, "Some people get rich even when times are bad, and some people never take action even when times are good. Some people can withstand severe personal financial storms and grow stronger each time. Stronger; some people are broken. The difference is this: those who take the right actions in good times and bad manage their money out of knowledge and ability, not out of hope, anger, regret, or fear. fear".

Rich people know how to take risks and when to avoid risks. Their understanding of the laws of money is instinctive. Having money does not mean having wealth. The greatest wealth is yourself. Cultivate yourself to have a wealth mindset. Here are seven wealth mindsets that will help you achieve financial freedom.

1. Let money work for you

It seems that most people’s lives are like this: they start to make money after leaving society, and after making money, they start to buy things they like, including cars. with house. After pursuing a stable job, they start to live a normal life, maybe get married, and then start preparing to buy a house and pay the mortgage. Some people also have to pay credit card fees every month. They seem to be chased by money, so they work harder. He worked for the company and his boss in exchange for a salary increase, as if all this could not be changed, and he did not realize that he had already fallen into the quagmire of cash flow. (Read: Rich Dad, Poor Dad)

One of the key ideas in getting rich is to let money work for you instead of you working for it. No matter how hard people work, they can’t keep up with the speed of money. Because people always have two legs, but money does have four legs.

2. Make good use of the power of compound interest

Most of the reasons for being poor are that your income comes from one-time income rather than continuous income. income. The monthly salary that most people receive through labor can be called one-time income, but this kind of income is gone once it is collected. This is an example of office workers. Continuous income means that wealth will bring you more wealth, and interest will bring you more interest. Continuous income has the characteristics of compound interest. (Read: Let the money flow in on its own)

Making good use of the power of compound interest can help you achieve financial freedom faster.

3. Live within your means, not within your means

Your ideas determine your destiny, and getting rich depends on whether you have a method. If you don't have the ambition to become rich, it will be difficult to take action to achieve your goals.

Living within your means tells us how much you earn before deciding how much to spend, but this will not make you gain more wealth. The correct way of thinking should be how much you want to spend, and then find ways to make yourself that much wealth. , which is the so-called living within your means, so that you can encourage yourself to work harder to achieve the financial goals you set.

4. Hard work is the best policy

In addition to having a correct concept of financial management, what you need is to work hard. Affording a big house is not important in itself. What is important is It is about constantly studying hard and doing your best to cultivate personal abilities so that you can afford such a big house. People without grand dreams will always live the lives of ordinary people.

5. Determine income through performance, not working hours

T. Harv Eker once said: "Getting rich is actually a psychological game. Your income can only increase as much as you want." To the extent that it can be done. If you want to change the fruit, you must first change its roots. If you want to change what you can see, you must first change what you cannot see.” (Read: Rich people think differently than you)

Determining your income through performance can allow you to gain far more wealth than before, as long as you perform better . You won't get more by working hours because the income is fixed.

6. Learn investment and financial management tools

Spending money and investing money will create a very big gap in the future, so young people today should think carefully about it. , if you familiarize yourself with one or two investment and financial management tools, this will help you gain a lot of wealth in the future.

The key point in investment and financial management is: not how much you save, but how early you start saving. The sooner you do this, the sooner you can learn how to invest and manage money and gain financial freedom.

7. Learn from rich people

No one is born a financial genius. Every rich person knows how to win in the money game through learning, so you That's ok too. In a person's life, they just want to earn enough money and then use the money to improve their living standards. There are certain methods and steps for acquiring wealth. Unfortunately, these methods are never taught in schools. Therefore, many people have been busy all their lives but wasted their most precious life and health. (Read: Trump, Kiyosaki’s Midas Touch)

Don’t blame your poverty on fate. If you have the determination to become rich, you will definitely find a way to become rich. Wealth He summoned it by himself, and it is impossible for money to flow to people without goals.