Change your approach to life to increase income.
1. Set goals
While you just want to get rich, there is practically no chance of it. But as soon as you make a dream a goal and start doing something to achieve it, it will become real.
Of course, this will require specific tasks, deadlines for their implementation, roll up their sleeves and work.
2. Think big
Intermediate goals can be made small and achievable, but in a global sense, you should strive for more than you can imagine. This will force you to look for means of achievement that, otherwise, would simply not have occurred.
For example, you want to become a millionaire. If the goal is to determine one million, the miracle will not happen: it can be earned, accumulated, inherited. But the task of scooping up capital of several million will force you to think how to invest competently , how to develop professionally, so that in a few years you can think in other financial categories.
3. Avoid frames
Artificial restrictions prevent you from growing. Often you lower the bar yourself. For example, when you refuse to participate in a project where you have to perform unusual duties, although you will not have a second chance to get this experience.
Everything new is a step with which you can climb higher.
4. Live within your means
Be sure that a wealthy person does not spend all his income and does not give the last to buy, for example, an expensive car. It is the prerogative of poor people. And the matter is not at all in the amount of earnings, but in relation to money.
Costs must be reasonable, you yourself must determine the top bar of spending for each article. For example, to spend no more than 30% of earnings on housing, even if you rent an apartment. If the amount exceeds one third of the salary, it is necessary to search for housing cheaper.
Calculations and savings can not be called a fascinating process. It’s pretty boring, especially compared to the chic in the style of “live once.” But you can live once in much better financial conditions.
5. Keep a budget
Treat finance like a business. It’s hardly possible for a company to become profitable if it stops reducing debit to credit, looking for better deals and reducing untargeted expenses. For your personal funds this also works: if you are not aware of the movement of money, you should not count on profit.
6. Save money
Saving will not make you a millionaire, but will help you avoid bankruptcy. The absence of elementary savings in case of force majeure will lead to the fact that in case of an emergency, such as illness or dismissal, you will be forced to go into debt to pay at least for food.
7. Save additional earned money
People love folk wisdom, but the phrase “easy come, easy go” is used for some reason more often than “penny saves the $”. Nevertheless, the advice to save money that came unexpectedly to you really makes you richer.
Unexpected premium, fee, gift or funds from other sources are easily deferred without damage, because you did not take them into account in the budget. At the same time, savings will increase, and you will be one step closer to wealth.
8. Make money work
As long as you simply keep the savings, they are reduced, since their real purchasing power decreases as a result of inflation. To prevent this from happening, the money must at least be transferred to a savings account, the interest on which is ahead of inflation. But this is not a tool for making money.
To earn income, you need to invest money. However, for this you will have to consider various options for investment and figure out how not to lose savings.
One source of income is unreliable, there must be at least three of them for a confident increase in capital.
In this case we are not talking about finding the second and third works. You can invest in stocks, rent real estate or become a partner in a third-party company.
9. Look for the right idols.
Nobody forbids you to admire superheroes, but as role models it is better to look for more prosaic characters with superpowers that can be developed.
There are probably several people among successful businessmen who will inspire you. They prove that nothing is impossible. So you can achieve success.
10. Invest in yourself
So, as is, you can only get the inheritance. To have a good income, you must constantly evolve . This is important for those who want to remain an employee with a high salary, and for those who want to start their own business.
Courses, seminars, trainings, travels, meetings are not a waste of money. You become smarter, more experienced, more penetrating, which cannot but affect your earnings. As for trainings and seminars, you will have to carefully choose mentors.
Reading specialized literature is the simplest way to pump up skills with minimal costs. You will get the opportunity to learn from the mistakes of others, to learn how different types of business developed, how they took the company out of the crisis, what you shouldn’t do to avoid such situations.
You will get the experience for the price of the book, while the authors may have lost millions for this.
12. Use time effectively
Working for 24 hours a day makes very few people more efficient, but you can relax in different ways. Instead of scrolling through the tape in social networks or watching TV, enjoy personal development, which then will bring profit. Or sleep, which also has a positive impact on productivity.
13. Build a personal brand
Now it is not necessary to be a security officer to collect a detailed dossier per person. Even if you are very secretive, the Network will tell about you more than you would like. So watch what you do online and offline.
Being immaculate is difficult and not everyone needs. Many people have become successful thanks to bold statements, contrary to public opinion. But at least be consistent and have principles.
14. Learn to value people.
From a linear position, it is clearly seen how the attitude of management affects the motivation and performance of employees. However, in the chief’s chair, many begin to forget that it’s not only they who work for the company.
In order for a department or company to be effective, it is worthwhile to surround yourself with responsible, intelligent, initiative employees who care. Yes, they will have to pay well and be treated humanly. But this approach will quickly affect the results.
15. Take charge
It’s time to understand what exactly you are responsible for your life. And the more decisions you make on your own, the more you control what is happening and you can correct it.
Even if you do something wrong, you will no longer waste time blaming someone. You take yourself in hand and begin to correct mistakes. What is definitely more productive than inaction.
16. Do not give up
To achieve your goals, you will need perseverance and patience. Luck matters in work and business, but more often it comes to those who continue to rush to the goal, even if the circumstances are not the best.
If you drop your hands, you will not be able to catch the wealth that suddenly falls on you, so do not give up.
17. Do the maximum
The main element of success that you can control is the amount of invested effort. If you do the minimum, you should not expect maximum results . Remember, a horseshoe brings happiness if it is nailed to the hoof and plowed.