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The 12 Most Important Things About Money - Investment - Nairaland

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The 12 Most Important Things About Money by prologue: 9:49am On Sep 02, 2014
stumbled on this piece felt it worth sharing.
you don't have to agree with everything.

1. Don't get a salary. A salary will never
make you money.
2. Don't invest any of your money.
Investing is for wealth preservation, not
wealth creation, so first you have to make
wealth
3. Come up with ten ideas a day. This
doesn't seem like "personal finance" but it
is.
4. Don't try to save money by not buying
expensive coffee or taking subways
instead of cabs. That's a myth. The best
way to save money is to make more.
5. Learn how to copywrite.
6. Come up with ten ideas for how two
people can help each other. Introduce
them and stay out of the way. This is real
networking. Not fake networking where
people hand business cards to strangers.
7. When you have wealth, never invest
more than 2% of your wealth in any one
idea.
8. Don't enter a business with a lot of
competition. Enter a business with a
monopoly. This means high profits, high
perks, great education.
9. Read a lot about things that have
nothing to do with finance. Then combine
them.
10. Sleeping eight hours a day might be
the most important personal finance
rule.
11. Be around people who love you and
who you love. Eliminate people who bring
you down.
12. Gratitude = Abundance. You can only
be grateful for what is abundant in your life
or what will be abundant in your life. So
practice gratitude / abundance all day long.
Trust your body. With everything you do,
everyone you meet, ask, "Is this good for
me?" Your unconscious brain will tell you
yes or no. Wait for it to answer.
Once it answers, follow the advice.
Look everywhere for what is hidden. The
people who know personal finance hide the
money very carefully.
The people who don't know personal
finance have TV shows about it.
Be skeptical. Even of me.

source: www.businessinsider.com/most-important-things-everyone-should-know-about-money-2014-8

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Re: The 12 Most Important Things About Money by DaWorshiper(m): 12:10pm On Sep 02, 2014
Good tips! Thanks for sharing.
Re: The 12 Most Important Things About Money by prologue: 12:29pm On Sep 02, 2014
DaWorshiper: Good tips! Thanks for sharing.
Thanks too for reading.

1 Like

Re: The 12 Most Important Things About Money by DAVE5(m): 2:33pm On Sep 02, 2014
Very 9z piece i must say, thanx for sharing this...
Re: The 12 Most Important Things About Money by Xyz001: 6:47am On Oct 17, 2020
Very good finance address

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