How often do people make rash decisions: they buy expensive clothes, take out real estate and a car on credit, for which they then pay for years. Do I have to do all this if funds are not enough? Really rich people do very differently. The typical millionaire is not always recognizable in the crowd. Everything is extremely simple - rich people have different priorities in life. What kind? Here are some facts.
1. Don't look rich
You can determine how much money a person has by their clothes. The brighter a person dresses, the more modest his financial wealth. This has already become an axiom. Wealthy people don't need to prove their worth using clothes or expensive cars. On the contrary, millionaires look like ordinary passers-by. The rich have different values, and clothes are clearly not in the first place.
2. Invest in material assets
What do most people do when they have money? They buy things that they have dreamed of for a long time, change the old car for a newer one, invest in repairs, travel. Really rich people are different. They invest money. That is, they buy something that will be of great value in the future. It can be art objects, antiques, collection wine, gold bars. Over time, the value of these acquisitions only increases. But there is another peculiarity here - such things are difficult to sell. For example, a bottle of Châteauneuf-du-Pape is worth a fortune. And it takes a while to sell. Time to think about the decision: is there really a need for this sale. This is how antiques are preserved in the collections of millionaires.
3. Control the budget
This is one of the main components of a comfortable life. Who among us regularly counts every ruble spent? Not everyone does it. Rich people count every dollar. And it's not about greed. Accounting and control over the movement of funds is the way to a wealthy life. There is a good saying, "You are as rich as you spend on keeping track of your budget."
4. Use coupons
In The Millionaire Next Door: America's Amazing Secrets of Wealth, several millionaires were polled about their private lives. Almost all of those surveyed admitted that most of their purchases were made using coupons. All millionaires stated that they bought things that they really needed. Another feature of rich people is that they do not seek to buy everything at a discount. They only choose the things they need. How often do we adhere to this rule? Agree that most of us buy a lot of unnecessary things in addition to a small number of necessary things during the sales season.
5. Take care of things
And this does not mean that the millionaire's mansion resembles a repository of old things. There is an old adage: "A penny saved is a penny earned."
Interesting fact from Novate.ru: This proverb was recorded in George Herbert's Fancy Proverbs, 1633. It was called "A penny received twice." This means that it is not always worth getting rid of unnecessary things, they may still come in handy. It is not for nothing that the homes of rich people have separate rooms where old things are kept.
6. Don't retire
Many are looking forward to retirement. Rich people are different. They have to build up and strengthen wealth all their lives. Most wealthy people run their own businesses. When self-employed, there are more incentives to continue working. Rich people like to be busy. Many have built their businesses from scratch, and their development brings them moral and financial pleasure.
7. Wait for the best offer
Scientists conducted an experiment among ordinary people, offering them $ 5 now or $ 10 in two months. Naturally, most took $ 5. Rich people think differently. They can wait months or even years for the best value for money offer. This is how wealthy people survived the 2008 real estate price crash. At a time when ordinary people bought average-quality housing for a lot of money, they patiently waited for prices to stabilize.
8. Buy expensive and high quality items
The idea that cheap things are more profitable is a false economy. A $ 100 shoe will last longer than its cheap counterparts. "Buy for Life" is the lifestyle of rich people. This is why the wealthy buy expensive suits that will pay off in the long run. An example would be Prince Charles. When he married Camilla Parker Bowles, he was wearing a suit thirty years ago. However, the prince was elegant and stylish in it.
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9. Buy affordable property
Wealthy people rarely invest in primary construction. This is due to their psychology to choose high-quality and solid things. Old mansions or pre-war houses are especially popular among wealthy people. There is an unspoken rule: real estate should not cost more than double the annual income.
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10. Purchase second-hand items
Purchases of clothing and footwear are not included in this category. At the same time, wealthy people willingly buy used cars, antiques, antique furniture and interior items. Such a "second hand" in the future can bring tangible income and be a useful investment.
Is there things that will allow you to look decent as opposed to aging "signs of wealth."
A source: https://novate.ru/blogs/131019/52057/