Economic Wisdom to Apply in Your Twenties

Chapter 7 Prologue
Prologue Section 6 Think Like an Economist Today

Mr. Stiglitz, a famous American economist who won the Nobel Prize in Economics, has a chapter in his book "Economics" with a very eye-catching title: "Think Like an Economist." Tigritz believes that economists think differently from ordinary people. For the same problem and the same event, the conclusions drawn by economists often deviate greatly from the conclusions drawn by ordinary people, or even completely opposite.Thinking like an economist means more reason and wisdom.

We in our twenties need to start thinking like economists today.

1.You must develop the habit of reading financial newspapers
In order to familiarize yourself with economic knowledge, the most effective way is to develop the habit of watching the news and reading newspapers every day.

Save the time of watching TV dramas and watch the news, and you only need newspapers worth 1 to 2 yuan a day.Maybe you feel that the densely packed words in the newspaper make you a headache, and the boring economic news makes you uninterested.But in fact, as long as you take the time to take the subway or bus to and from get off work, you will find that the financial news in the newspaper that may not be gossip is so practical, and it is so closely related to your daily consumption, financial management and investment.No one will have trouble with money, for your own wallet, you also need to understand financial information!As long as you persist, you can gradually feel that the economy is by your side, and you can also feel that information can really turn into money.Perhaps, in the end, you will find that financial news is not so boring.

2.Read both newspapers and the Internet

You may question, in the Internet age, all kinds of information can be found online, why do you have to buy newspapers to read?In fact, this is the same as watching TV at home and going to the theater to watch a stage play. When reading newspapers, it is a process of actively obtaining information, and there will be a feeling of "absorbing" information. This is the same as the reading habit of browsing the web at will. It is different from information harvesting.

Of course, we are not opposed to obtaining more free financial information from the Internet.Newspapers and online news each have their own strengths.Compared with online news, the morning and evening newspapers come out later, and they charge a fee.Compared with newspapers, there is no charge for reading news online, and you can get the latest information every moment.However, because it is so fast, people will doubt the authenticity of the incident, so they have to search on several websites, and they will ignore other content because they only look at the information they want to see.

Now there are many professional financial information and personal financial management websites, including guides for entry-level financial novices, and financial management tools for those who are already familiar with the economy.Young us should be thankful that we are born in an age with such advanced information.Of course, we don't want to deal with money and the economy 24 hours a day. We read online news when we go to work, and read newspapers when we get off work. game to play.

3.Use notebooks and blogs to jot down important information

Imagine what it would be like to be the secretary to the chairman of a large corporation.After reading the economic newspapers every morning, circle the important information, and then show it to the chairman.Although it will be very hard and tiring at the beginning, but if you persist in this way, you will gradually be able to judge what is more important news, and you will not know when you will be reluctant to throw away the newspaper.

The best way to gather and organize information is to write it down.When you read a newspaper, you will feel that time passes quickly, and you may forget the important content after reading it, so you need to write down the key points at any time.The most primitive and effective way to record information is to use a small notebook for recording.

Of course, there is now a faster and more convenient way than a laptop, which is the Internet.We can go to professional wealth management websites and accounting websites to learn about financial management and financial knowledge. At the same time, we can also apply for a personal blog as a platform for recording and organizing our financial knowledge.In your own blog, you can record useful economic information and write your own experience diary. Not only does it cost nothing, but you can also communicate and exchange with financial experts all over the world on the Internet.

It is not difficult to study economics.As long as you pay a little attention, even if you can't become an economist, you can always find opportunities to save a small amount of money, or even make a lot of money.

(End of this chapter)