How Did Jewish Wealth Accumulate?

Concept is the starting point.

When Jewish children were 3 years old, their parents began to teach them to identify coins and banknotes. When they were 5 years old, children knew that coins could buy anything they wanted, and they knew how money came; when they were 7 years old, they could understand the price tag and initially form "money can change things".

wealth

Open source oriented

Kahn stood in front of the department store, looking at all kinds of people.

Next to him was a well-dressed Jewish gentleman standing there smoking cigars.

Kahn respectfully said to the gentleman, "your cigar is very fragrant, isn't it cheap?" "2 dollars and one."

The gentleman replied.

"Good guy, how much do you have to smoke a day?" "10."

The gentleman replied again.

"Oh, my God! So many! How long have you been smoking?" "I started smoking 40 years ago."

"What, you carefully calculate, if you do not smoke, you save enough money to buy this department store."

"Then you don't smoke?" asked the gentleman.

"Smoking is harmful to health, of course."

"Then, have you bought this shopping mall?" "no, I have so much money."

"Tell you, this department store is mine."

Wealth business: wealth is earned, not just relying on frugal savings.

Want to become rich, first open source.

Based on making money, financial resources will flow.

Whether personal or family, increasing income is the first step in managing finances. Use your hands and brains to dig a bucket of gold.

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Throttling can not be underestimated.

Let's take a look at the list of life that Jews give us.

Consumption: 1, buy a little cheaper car, try to stay longer; 2, smoking is harmful to health, do not smoke; 3, give up junk food and office coffee; 4, use the Internet to buy regular life insurance; 5, a week from home with a meal; 6, a week with a discount of 5 dollars; 7, often at home for dinner.

Life: 1, try to maintain marriage, because divorce is very expensive; 2, pay attention to physical health; 3, buy a house, do not rent a house; 4, avoid buying large purchases in the member stores; 5, avoid credit card consumption and debt; 6, reduce long-distance telephone charges; 7, when buying large items, check the Internet or check it in the newspaper.

Wealth business: saving is the way to make money, and saving is the way to manage finances.

Frugality does not mean stingy. Jews are good at managing money. Their habit of careful spending makes extraordinary achievements.

There is no reason why we should not treat every penny in front of us. If we spend a penny, we will have to pay 100% of the money.

Financial management has its own way.

A Jewish rich man entrusted his property to three servants one day.

He gave the first servant 5 pieces of money, second servants, 2 money, third servants, 1 money.

Jewish wealth owners told them to cherish and properly manage their wealth and wait until 1 years later to see how they deal with their money.

The first servant took all kinds of investment after getting the money; second servants bought the raw materials and made them for sale; the third servants buried their money under the tree for safety sake.

1 years later, the landlords recalled three servants, and the wealth of the first and two servants managed to increase 1 times. The landlord was very pleased.

Only third of his servants had not increased their money. He explained to his master, "for fear of misuse and loss, the money is in a safe place, and it will be returned today."

The Jewish rich man listened to his anger and scolded, "you stupid servant did not make good use of your wealth."

The third servant was blamed, not because he used money unfairly, nor because he suffered losses in investment failure, but because he did not make good use of money at all.

Wealth business: people make money very slowly, and money quickly generates money.

Money may not be the master of mercy, but it is definitely a capable servant.

Speeding up the turnover of money can make money in hand equal to ten.

Or do you only have money in the bank? The sooner you get money, the sooner you get rich.

Stock, fund, futures, foreign exchange, art collection...

All kinds of financial products help you speed up the accumulation of wealth.