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BASICS OF SAVING & INVESTMENT | RULES YOU SHOULD NEVER BREAK

Education
COINBASE:BTCUSD   Bitcoin / U.S. Dollar

Debt and living on credit is a universal norm.
While the "wisest" among us are trying to persuade themselves how they "hack" the system buying on credit card smartly, the richest among us keep following totally different commandments.

You must remember that debt makes you dependent, it makes you submissive to the system.

To become truly free and wealthy, here are the simple rules that will change your life if you follow them:

1 - Spend less than you make
2 - Do not save what is left after spending, but spend what is left after saving
3 - Invest the rest in the industries that you understand
4 - Never borrow to invest
5 - Stop trying to get rich quick
6 - Never let your emotions intervene
7 - Patience pays

The rules by themselves are very easy and straightforward, however, most of us are not disciplined enough to follow.
Learn them, try them, practice them and one day you will become free!


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Comments

Very true.
+3 Reply
I like some of those, particularly saving, however;

Patience pays - You can be ultra patient and still lose money.
+1 Reply
I want hero Moto corp
+1 Reply
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Reply
@liicaye

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Reply
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Reply
Very good!
Reply
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