Only by understanding money can money serve you better. 1, the best way to make money, no matter how hard you try, it's hard to guarantee long-term work every day 18 hours, so you can't achieve financial freedom just by salary. But the money is different. As long as you have some savings, your money can bring you income 24 hours a day, 365 days a year. If you have 1 10,000 yuan and the annual income is 10%, then the annual interest income is 1 10,000 yuan, which is higher than the annual salary of most ordinary wage earners! 2. Time lever of money: If you save 1 0,000 yuan every month, you can save10.2 million yuan in one year and10.2 million yuan in ten years. What if it can be kept for 30 years? That's 360 thousand yuan. This is the power of time lever. Isn't it attractive? This does not include the interest generated during the period. 3. Interest rate leverage of currency: For example, if you have1100,000 yuan and the annual income is 5%, it will take about 14 years for your assets to double. If the annualized rate of return can reach 10%, your assets will become 2 million in just 7 years! This is the power of compound interest and one of the reasons why the rich are getting richer. This law also applies to calculating the purchasing power of money under inflation. For example, suppose the inflation rate is 3%, then after 24 years, your assets will depreciate by half. If the inflation rate is 6%, as long as 12 years, your purchasing power of money will be only half of what it is now. I advise you not to keep all your money in the bank. Let your money roll: let's see the magical changes that money can make under the joint action of time and compound interest.

The following table shows how much money you can finally get under the effect of time and compound interest if you insist on saving a sum of money every month. If you stick to this habit, after 30 years, your deposit will be 830 thousand yuan, isn't it considerable? And a couple's monthly income adds up to about 6.5438+0.5 million yuan. If they can save 8,000 yuan every month, or insist on investing for 30 years, the annualized rate of return is 5%, and the final sum of principal and interest is far beyond your imagination: 6.65 million yuan. Of course, inflation is not considered here. However, it is precisely because of inflation that we should learn to save and manage money. How can we save money? Knowing the truth about money gives you some motivation to save money? However, if you really want to get into the habit of saving money for a long time, there are some principles that you must follow. 1. Divide the money into three parts: apart from the fixed monthly expenses, you should divide the remaining money into three parts: savings account, dream fund and reserve fund. My personal habit is to allocate according to the ratio of 5: 3: 2. Savings account: it is the money to be saved every month, and the principal of this part of the money should never be used unless it is a large consumer expenditure such as buying a house. With this savings, you can get a stable interest income. Dream Fund: Money used to motivate yourself. Work is for living, and of course it also needs leisure and entertainment. This part of the money can be saved to buy what you want, or to travel, so that you have the motivation to save money! Reserve fund: as the name implies, it is just in case of emergency. If not, you can return it to your savings account. 2, rational consumption, delayed enjoyment: of course, making money is for life, so work hard, always reward yourself. However, my advice is to spend rationally and delay enjoyment. Some people will say that it is boring not to go out to play life on weekends! But you can find other ways to relax besides spending money on entertainment. You don't have to walk far to get in touch with nature, but you can take a walk in the nearby park to relax yourself. You don't have to go to the gym to exercise. Running by the river can make the air better. Alternatively, you can choose to read books, go to the library or download e-books from the Internet. In such a developed network, the learning cost is actually very low. 3. Use credit cards as little as possible: Credit cards and mobile phones are convenient and fast, but swiping credit cards has at least two disadvantages: First, when swiping a card, money is just a number to you, and you don't realize how much it costs, so it's easy to swipe a credit card; Secondly, the concept of "consumption in advance" of credit card makes you bear certain debts every month. You will find that your disposable cash is much less than your salary, because part of your monthly salary will be used to repay the credit card consumption last month. My personal habit is to spend as little as possible 1 thousand, instead of using a credit card, I use a savings card directly. Money and leisure are what we should pursue. Money can guarantee your life and give you freedom of choice, such as the right to choose your own lifestyle. Leisure gives you time to do what you like, and makes you live a truly happy life with a sense of value. Saving money now is to have more leisure in the future. Saving money is not as difficult as you think. The key depends on your determination and persistence. If you want to achieve financial freedom as soon as possible, you must learn to manage your finances. If you only put the money in the bank or Yu 'ebao, the income will never run away from inflation. In the long run, your assets will be negative.