# Make Money wisely
Today, I will briefly talk about four concepts: income, expenditure, assets and liabilities
Office workers, from the top, have only one source of income, called wages. The daily necessities of clothing, food, shelter and transportation are expenses that eat into our income. Assets are those you can put there to generate income, such as writing a book, writing a blog, giving a lecture, recording a video. Once this is done, it will continue to make money, which means it will continue to give us after-sleep income. What debt is, it takes a bite out of your income and diminishes your savings.
From the above brief description, it is clear that we need to increase our revenue, as well as our assets. We need to reduce our spending, and our debt.
What happens, however, is that as we increase our income (wages), consumption rises accordingly, and we end up with no savings. In fact, we need to change our thinking and put part of our income into assets for investment, such as bonds, stocks, funds, shops, real estate, video courses, psychological counseling and learning. Invest in assets, build them up, and make them work for you over time, giving you continuous income.
Try to get rid of the monotony of income, so try to generate a sideline. Many people say that there is no side business to invest in, when we need to reverse the introspection, dig from their own industry.
To achieve a certain level of skills, do part-time projects, and accumulate rich contacts. Carry out deep technical cultivation, write some original articles, and publish on the platform to gain profits. At the same time, it can also make a reputation and serve as a bridge for the subsequent generation of links.
So let’s look at one of the most obvious liabilities, taking out a loan to buy a car, which is preconsumption. As long as you don’t have to buy a car, try to avoid this trap. The liability is that it’s all consumer goods, and maintenance, gas, parking, that’s not a trivial expense. When you feel like you can afford to suck it up and buy a car first, it quickly eats into your savings and leaves you without the energy to invest in assets that will pave the way for your after-bed income.
In the long run, you will be involved in endless troubles. Look for money everywhere emergency, but no assets to bring income, so worry about gains and losses, every day sad face, then wake up, that credit card, car, are doing their best, squeeze dry your energy, lead to their inability to get out, trapped in a predicament.
When we get into a situation and can’t breathe, we should not complain, but think about how to break the situation. Always ask yourself what you should do instead of focusing on yourself because everyone else has so much money. Others are always the external cause for you to give up, while your self-motivation is the core internal cause. To make money, think about what you can do and then engage in deep learning, focusing your skills, building expertise and creating barriers to competition.
There is a barrier, others can not short-term capture, so they can in this moat advantage, contact more resources, so there are more opportunities, more breakthroughs, and then when others capture your barrier, found that you have already left, to a higher level. Desire is a commendatory term, for a bag to work hard, for the house to work hard, for the family to work hard, for a good car, good quality of life, there is no wrong as long as the right way.
Never sell anxiety. It’s a trap. A smug, sardonic way of looking down on people. It’s pathetic. No cattle boast of their talent, if opinionated, then it is digging their own grave, will hold themselves high, always fall tragic.
Equality of personality, if you ask a question, pretentious, not worth deep friendship. Fate is not to say that many times through the door, mix a familiar face, to get help from others, that is also too despise yourself. If someone says why should anyone help you, it’s for no reason. Yeah, for what? For what? For what? I am not begging you, but communicating with you on an equal footing. If you are bad-tempered and curse a garbage, I will consider myself a garbage. That is not my own opinion.
You can be arrogant, you can be complacent, but when you are complacent, deliberately trample on others, that you are too complacent.
Your desire for quick success, my retreat. Can only arch blessing, river’s lake no longer meet.
As he wrote, he left the central idea and began to ramble and rant. Let’s go back to today’s topic, how to work hard, so that they can enjoy life, enjoy work?
1 invest in yourself, study hard, have a purposeful plan, practical implementation.
2. Be good at showing oneself, showing ability, when advantages gradually prominent, establish barriers.
Invest in assets and make money from money.
Refuse chicken soup. Don’t let it dampen your morale. Sum up your failures and move on.
5 Think, execute execute execute.