The world's greatest get rich bible

Chapter 29 In the Reincarnation of the Rich and the Poor, Tend to the latter 2
Volume 2 Chapter 2 In the reincarnation of the rich and the poor tend to the latter [-]

Money is earned on the move
God gives us money as a gift so that we can buy the happiness of this world instead of saving it and giving it back to him.

--"Talmud"

The accumulation of wealth requires savings, but if you keep saving and don't think about investing, then living money will become dead money.Although you will not worry about living without money, you will never become a billionaire, because money is like water, only when it flows can more value be created.

Kyle, a wealthy Jewish businessman, has hundreds of millions of dollars in assets, but he seldom deposits his money in the bank, but puts most of his cash in his own safe.

Once, a Japanese businessman with millions of deposits in the bank asked him this question that puzzled him.

"Mr. Kyle, for me, if there is no savings, life is tantamount to losing security. You have so much money, but you don't put it in the bank. Why?"

"Think that saving is the security of life. The more money you save, the higher the level of psychological security. If you continue to accumulate like this, there will never be a day of satisfaction. In this way, wouldn't it be possible to put all the useful money idle and use Is my opportunity to make a lot of money reduced, and my business ability is no longer able to be used? Think again, is there anyone who can live frugally for a lifetime and become a well-known rich man in the world just by relying on interest?" Kai Er replied unhurriedly.

Although the Japanese businessman couldn't refute it, he still felt a little unconvinced in his heart, so he asked back, "You mean you are against saving?"

"Of course not outright objection." Kyle explained, "What I object to is treating savings as a hobby, and forgetting to wait for the money to be saved to a certain time to withdraw it, and then use the money so that it can earn far more Bank interest is much higher. I also object to using interest to subsidize living expenses when more and more money is deposited in the bank. This develops dependence and loses the adventurous spirit that a businessman must have."

What Kyle said is very reasonable. Many people think that they have fulfilled their financial responsibility only by depositing their money in the bank.In fact, under the influence of inflation, the real rate of return on interest is almost zero, which means that money stored in the bank is equivalent to no financial management.

When dealing with money, the Jews always hold a concept that "money is earned in the flow, not saved by deductions", so they advocate "money makes money" rather than "people save money". ". Before the middle of the 18th century, the Jews were keen on lending business, that is, to lend out their own money and earn high interest from it. In the 19th century, and even until now, the Jews would rather use their money for high-return investment or trading. Refuse to deposit money in the bank.

The Jewish concept of financial management is completely correct, because from an economic point of view, only when funds enter the field of circulation can they exert their true value, while the money lying in the bank is not only impossible to increase in value, but also lost. The value of existence.

Human life lies in movement, and the life of funds also lies in movement.As money can be static, but funds must be in motion, this is the general law of market economy.Funds are afraid of loneliness on the stage of market economy and cannot bear loneliness. They need a bright rhythm and a rich and colorful life.Therefore, in the rolling of money and the movement of capital, you should give full play to your intelligence, open up your financial quotient, and eventually become a successful wealthy businessman.

(End of this chapter)