Many people sacrifice their freedom to earn money, tied by money, day and night thinking how to save money. However, no matter how hard they try to manage their daily expenses, they are still poor.
In fact, people who are really rich know that if you want to make money, you have to spend it and then put that money in the right place to achieve the “money makes money” effect.
Why do rich people spend more and get richer, while you live frugally and stay poor? Because rich people know how to “invest”, spend money on things that can be “profitable”. If you understand the following 3 things, you will change your fate and become richer and richer!
1. Knowledge: The investment that gives the highest return
A person’s level of awareness determines his or her income. Of course, the person’s income will never exceed their cognitive level. This is why it is said that many people make money by luck, but end up losing money by ability.
As we all know, Sir Ka-shing Li only graduated from primary school, but this does not prevent him from becoming the richest Chinese in Asia and the world. Simply because he is always learning and exploring.
A maintained a study habit from an early age, he is studying English after dinner every day, reading a book half an hour before going to bed, waking up at 5:59, and listening to the news every morning. This billionaire once said that knowledge does not determine the increase in wealth in your life, but will give you more opportunities. The best way is to create your own opportunities.
Therefore, the poorer you are, the more you should save and not spend blindly. You can only make more money when you spend it “in your head.” There are at least two things you can do to invest and improve your vision:
– Learning: reading, taking courses, learning industry knowledge, professional knowledge, management knowledge, financial knowledge, foreign languages, new technologies, new ideas, and new models.
– More experience: watch more TV series, classic movies, travel, and make friends.
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2. Health is also a profitable investment
Having both money and health is wealth. Some people work hard but never take care of their bodies. They call it an “attempt” but that is stupid and absurd. Others think that making money is very hard, so they don’t dare to use good things because they think it’s wasteful, but they forget that health is the most important thing, only having health can make money.
Even if you’re poor now, it’s still a good idea to make a small investment in your health. At the very least, you should do two things:
First, get a yearly physical to make sure you understand your health.
Second: Go to the gym, do hard exercises such as crunches, lift the bar, don’t let yourself be lazy anymore.
Laziness only slows you down and doesn’t get things done well. You will eventually be physically and mentally exhausted. So even if only 1% of your money is invested in your health, it is well worth it and profitable.
3. Social relationships: The most valuable investment in the life
Maintaining unproductive relationships in society not only doesn’t bring any growth but also kills your precious time.
According to Robert Waldinger, a professor of psychology at Harvard University, for happiness, strong interpersonal relationships are more important than money and status.
Investing in relationships is actively building networks with larger and better social groups than you. From there, you can look into the mirror of your friends to recognize your own strengths and weaknesses, hone and improve your weaknesses, and further develop your potential.
Consider and invest in the relationships that are important and beneficial to you. In this society, if you are just an independent individual, it will be difficult for you to succeed. To survive and develop, people must have a supportive relationship with each other. So investing in social connections is a necessary investment.
Improve your EQ
Besides, did you know that if you have a high EQ, you will also be able to make a lot more money?
Cultivating EQ is not a destination, it’s a journey. But the road in your EQ skill-building journey will pay off in many ways, including keeping your bankroll “booming” on a regular basis.
There is a lot to help train EQ skills in the best way. But to keep things simple, here are four basic ways to do it today.
4 ways to help you increase your ability to make money to the maximum, people get richer and better than losing each other is in this secret! – Photo 3.
1. Raise self-awareness
This is the first part of emotional intelligence and involves getting acquainted with your emotions.
As you increase your self-awareness, you will come to understand why in certain situations or why someone makes you sad, happy, angry, or infatuated. So get to know your emotions – it will help you, especially when working and collaborating with difficult, difficult people to deal with.
2. Learn self-control
A leader with a high EQ is able to redirect emotions and impulses and not jump to conclusions. When a team fails to perform its assigned task, a leader with a high EQ will not immediately point out reprimands, give punishments, or hold them accountable. They will step back, consider all the possible reasons why things don’t go as planned, explain the consequences to their team, and work with them to find more viable alternatives.
3. Practice empathy
Making sure employees feel valued is a prerequisite for great managers. In any communication, they have the ability to show empathy by seeking feedback.
First, listen attentively with your mind and heart, without judgment. Then, shift your mind from “push people to perform” to meeting their needs, taking care of their feelings and expectations at work. When they do, they feel empowered and intrinsically motivated to develop themselves.
4. Always be available
In tough times, leaders with high EQ don’t hide behind closed doors or delegate tasks to others. They are always on the front lines, they’re for everyone, sharing plans for the future, addressing questions and concerns, and alleviating fears and apprehensions.
This is why visionary bosses always go deep and accompany their employees. They will answer the questions themselves to ensure trust, help people feel safe.
Truth be told, not everyone has the natural ability to solve problems with soft skills solutions as outlined above.
If this is your tough challenge, do what most great leaders do: Invest in hiring a good coach, take an EQ training course… that can help you motivate promote self-discovery and improve EQ. As you gain new awareness, integrate behavior change into your daily decision-making as well as in your personal interactions. Then see how your income increases dramatically!
In fact, people who know how to spend money are real geniuses. To get rich, you must first lay a good foundation of knowledge, then combine knowledge with action. Change the way you spend money, manage money from the above 3 aspects, you will become richer and richer.
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