Successful people usually have a good financial intelligence. They are able to manage money so that the assets continue to grow, and some even came to the stage to be financially independent. What is the meaning?
Among such as are already no longer need to issue energy and thoughts to earn some money, but his money is working for "master", that is, among those who are already independent. The question is, do you have to be financially independent?
Generate productively
Financial intelligence is "best practice" at the very least covering various aspects. First, how to make money in a way that is productive. What is the meaning? All of us who work will definitely make money. But the thing is, is the way we make money is already productive? In a sense it is equivalent between the time, thought, and effort are devoted to money earned? Not necessarily.
Try to hear complaints all around us. Most employees have always thought to get salary increases constantly. As a result of thinking about salary increases continuously, work be not concentration. Or further, given the company's output to decline. In turn the company's performance can decrease that may have an impact on the company's inability to pay salaries.
People who are financially savvy, should understand that the source of his income derived from salaries and bonuses, if concerned an employee/religious. Then to be able to get the salary or earnings in more, inevitably must provide greater output to the company so that the company's performance has also increased.
In other words, in order to get the money which is equivalent to the time, effort, and thought that given, do work effectively, which gives effect to the improved performance of the company. That means working with high quality, rather than simply the number of hours of work or high quantity.
Protect your money
Second, how to protect money that you have already retrieved. There is the term "easy come, easy go". Easy money, it would be easy anyway. But, worse, there is among an already laborious to get any money, but on the other hand is very easy to spend or spend it. Even then became "bigger stake, rather than the pole".
Then how to protect money that you have already retrieved, regardless of whether the obtained for easy or difficult. Not much of a formula to protect the money, because the key word there is on the behavior of the owner money. If someone is able to control the management of their money, then automatically the money was already protected. That's the basic principle.
But, by the intelligence of course there is also a surefire ways to protect your money, in this sense is to protect the value of money. If you currently have the money $ 10,000, where the money could be much for You bought a piece of land for example. Then if that money anyway you hold in cash, it is not necessarily in the next year you could buy a piece of land that is currently the price is equal to $ 10,000. In other words, the value of your money has decreased. Dus, to protect it from decline in value, then that money should be exchanged with other objects that could increase its value instead.
Like the example above, if you buy a plot of land covering an area of 100 yards with a value of $ 10,000, then in the next year, when you need the cash, then the ground you can resale and the price could be higher than $ 10,000 million. You name it, for example, $ 11,000. That means the value of the current $ 10,000 money equivalent to $ 11,000 next year. Conclusin, carefully keeping the money in cash, because its value will be different each year. Or in other words, you have to do a hedge against money that you currently have.
Manage your budget
What once was able to give protection against the value of the money or the money you earn, then the question is complete? Clear yet. Check again if your financial activities have been able to meet the third rule, that is, managing financial budgets effectively. What is the meaning? How much of your income are depleted to finance consumer behavior, for example. And how much of your income can be saved. Or are You planning on consumer financing or run out casually, following instinct.
In order to be classified as a financial intelligence has circles, then every penny of money spent on it should be based on a need, and is already budgeted earlier. Everything is planned and executed and then can be evaluated where deviations. How large the deviation and then want to fix financial behavior. If you are able to manage your finances like that, then your chances to become independent financially is not making this up.
Fourth, how to make money so they can make money. If You are able to invest and then the results of that investment is already able to me
Among such as are already no longer need to issue energy and thoughts to earn some money, but his money is working for "master", that is, among those who are already independent. The question is, do you have to be financially independent?
Generate productively
Financial intelligence is "best practice" at the very least covering various aspects. First, how to make money in a way that is productive. What is the meaning? All of us who work will definitely make money. But the thing is, is the way we make money is already productive? In a sense it is equivalent between the time, thought, and effort are devoted to money earned? Not necessarily.
Try to hear complaints all around us. Most employees have always thought to get salary increases constantly. As a result of thinking about salary increases continuously, work be not concentration. Or further, given the company's output to decline. In turn the company's performance can decrease that may have an impact on the company's inability to pay salaries.
People who are financially savvy, should understand that the source of his income derived from salaries and bonuses, if concerned an employee/religious. Then to be able to get the salary or earnings in more, inevitably must provide greater output to the company so that the company's performance has also increased.
In other words, in order to get the money which is equivalent to the time, effort, and thought that given, do work effectively, which gives effect to the improved performance of the company. That means working with high quality, rather than simply the number of hours of work or high quantity.
Protect your money
Second, how to protect money that you have already retrieved. There is the term "easy come, easy go". Easy money, it would be easy anyway. But, worse, there is among an already laborious to get any money, but on the other hand is very easy to spend or spend it. Even then became "bigger stake, rather than the pole".
Then how to protect money that you have already retrieved, regardless of whether the obtained for easy or difficult. Not much of a formula to protect the money, because the key word there is on the behavior of the owner money. If someone is able to control the management of their money, then automatically the money was already protected. That's the basic principle.
But, by the intelligence of course there is also a surefire ways to protect your money, in this sense is to protect the value of money. If you currently have the money $ 10,000, where the money could be much for You bought a piece of land for example. Then if that money anyway you hold in cash, it is not necessarily in the next year you could buy a piece of land that is currently the price is equal to $ 10,000. In other words, the value of your money has decreased. Dus, to protect it from decline in value, then that money should be exchanged with other objects that could increase its value instead.
Like the example above, if you buy a plot of land covering an area of 100 yards with a value of $ 10,000, then in the next year, when you need the cash, then the ground you can resale and the price could be higher than $ 10,000 million. You name it, for example, $ 11,000. That means the value of the current $ 10,000 money equivalent to $ 11,000 next year. Conclusin, carefully keeping the money in cash, because its value will be different each year. Or in other words, you have to do a hedge against money that you currently have.
Manage your budget
What once was able to give protection against the value of the money or the money you earn, then the question is complete? Clear yet. Check again if your financial activities have been able to meet the third rule, that is, managing financial budgets effectively. What is the meaning? How much of your income are depleted to finance consumer behavior, for example. And how much of your income can be saved. Or are You planning on consumer financing or run out casually, following instinct.
In order to be classified as a financial intelligence has circles, then every penny of money spent on it should be based on a need, and is already budgeted earlier. Everything is planned and executed and then can be evaluated where deviations. How large the deviation and then want to fix financial behavior. If you are able to manage your finances like that, then your chances to become independent financially is not making this up.
Fourth, how to make money so they can make money. If You are able to invest and then the results of that investment is already able to me
