10 Cosas Que Debes Hacer Cada Que Te Paguen

Compound interest leaves investments aside, thinking that the return is very little, thinking about the short term, wanting to triple their money in the short term. And number eight is not so much a recommendation about something to do, but rather something to avoid, and that is "avoid withdrawing the money in cash" or if you are paid in cash, put it in an account. Many people, having the money and the availability of cash, spend it much more quickly, because if you are a person who actually spends more money with a credit card than you would spend having cash, then I do not recommend using a credit card. , it takes some financial education and being a little strict with yourself.

In that case it is preferable that you use a debit card so you know exactly how much money you have and how much you can spend. But in any case, withdrawing the money in cash is not even taking advantage of the fact that that money being in your account, while it is not used, can generate interest and returns. Probably in a high-yield savings account or preferably in a low-risk investment fund with liquidity or immediate availability. And although many people love it and appreciate it more than plastic, cash really has its disadvantages too, when we destroy a large bill and we are left with coins and small bills, it's easier for those coins and those small bills to be spent like no other.

They were worth nothing, and while the money in an account, each cent counts the same and we simply do not think that by having a surplus that in cash would be coins, well, we can simply spend that without thinking. Those are the ant expenses, which are the ones that can eat up a very important part of your money, without even realizing it. And you also use a credit card with a fee, no interest, no handling fee, a longer credit history, you accumulate points or miles, you get rewards along the way and it doesn't cost you a cent more and you organize your money on top of that. while you earn interest and generate returns.

Outside of the obvious risk of having an entire month's worth of cash available in your wallet or at home. Number nine, "contribute to pension." You can't imagine the incredible number of people who, because they are very young, believe that they will never retire and that therefore they will not live to be old and will die sooner; and then that's not something that even crosses their mind and they don't structure a retirement plan. Whether independently or with a pension fund or with something, well, from the state. And they definitely leave the idea completely aside and if anything, those who have a job only contribute what their employer necessarily deducts from their payroll.

Depending on the amount of your income to actually contribute to pension, even voluntary pension can have many tax benefits. Save you tax expenses and that money, instead of paying it to the state, is a savings for your future. In any case, whether or not you think that pensions are a scam, part of your money should go to secure your financial future. Regardless of the means that achieves it, we call this a pension. And number ten, it's one that I love and it is "allocate a portion of your money to fun, entertainment, and distraction." And preferably   something that doesn't have to do with technology,  with cell phones, with games, with television,   with Netflix, any of this.

Something that rather takes us out of the routine, disconnects us a little from that stress and chance that we experience all the time, from screens. Well, but regardless of that, each person can decide what is fun and what is entertainment for themselves. My personal recommendation is that you take a portion, a percentage around 5 to 10% of your income and save it for fun. Now if your income is very low you probably think that that money is too little to have fun. But if you want to spend more than that money, what will you really have left, how much are your basic expenses and how much money are you going to leave for the future.

You're probably waiting for a higher income to solve your problems, but if you don't know how to manage your money with little income, with a lot of income things won't improve and they won't change, and on the contrary, according to the statistics, it's most likely that get worse. So it is important to know how to administer and manage your money even when you earn little, whatever it may be, it is having a proportion, but with two conditions. The first, that that proportion of money that you take out, for example 5% of all your income or the maximum 10% of all your income, you take it out for fun, spend it without regrets and really apply it for anything you have to see with fun, don't feel bad about it.

And secondly, if you can't spend it or if you are saving for something perhaps a little more expensive, then you should accumulate it for the next month or two or three months of savings, with that little fund of fun, but ultimately also spend the whole thing. Basically unless you are planning some fun for the next month, it costs a little more all the money of that 5 or 10% or whatever percentage you define you spend it all. That will help you free yourself a little, to even feel like you are investing in yourself, because many times this fun really takes us out of the routine and helps us concentrate more and helps us feel good about ourselves, and even to be more productive in our work and to earn more money and to have more energy and to have more harmony and many other benefits that are incredible.

You have to enjoy money, but also with control, also reasonably. Managing money is definitely key to creating wealth since it is not just about making money, I know many people who earn a lot of money and are not rich because they spend it all. No one gets rich by spending,   actually earning money and managing it well   is how one can absolutely create more and more wealth and increase their net worth. And just like this, there are many other skills necessary for one to be able to create abundance and really get closer to a life of financial freedom and that is exactly what my "money and abundance" training teaches you in case you are interested in taking your financial life to the next level. next level.

Where you're basically approaching a point where your assets, without you having to work, are paying your basic costs and expenses, and you probably have money left over. Obviously it is not something that can be achieved overnight, it is not something that we can simply achieve with a click or by investing an amount of money and quintupling our investment. But it is something that is definitely possible and that many of us have already achieved. In this course everything is perfectly detailed, step by step. We're not talking about specific investments, I'm not going to tell you exactly whether to buy these stocks or do this, or even create a business about how to learn to dance salsa or something else.

Because   each person the truth is that they have different talents, abilities, abilities. But yes, specific tools that allow you to identify what are the best opportunities for you, how you can create your own life full of abundance, and how you can create that passive income that will allow you to get closer to financial freedom. . If you're interested, then I'll leave a link in the description so you can take a look right now. I thank you very much for watching this video and I'll see you next time. A hug.