There is a game we all play almost every single day, but unfortunately most of us don't really understand it because we have been playing it for too long that we think we already know everything about it and yet we lose most of the times.
Yes, i'm talking about money. Money is like a game; it has its own rules like any other game. But most people turn out to be really bad at this game since most people aren't satisfied with their financial position. The reason for that is that most people simply don't know the rules of the game and like any other game, if you don't know the rules, you lose.
Money Is Like A Woman
If you try to pursue a woman by directly showing how much you are interested into her, you are more likely to be rejected because that's not how it works. Women are not usually attracted to you as much as they are attracted to what you represent. That is why it is easier to attract a girl when you are dressed much better like a gentleman for example because that represent success and that you are a smart and cool guy. The more valuable and exciting your life is, more more you seem attractive and same thing goes with money.
Money always flows wherever there is value. The more value you can create, the more money you will generate. So, instead of focusing on how to make more money, focus on how you could bring more value because that will eventually result in more money. Regardless whether you are an employee or a business owner, it is now how much you make, its how much money you keep.
If you make a million dollar, for example and and i check out 999999 USD out of it. You are out of your mind if you consider yourself rich because the moment you lose your job, you are done. What matters at the end of the day is how much money is left in your hands after covering all of your expenses. A lot of people are trying to become doctors, engineers because they think they could make a lot of money out of these professions but without realizing that their salary will be taxed at 30 or 40 percent. They will have to leave an expensive city in order to be able to do that job which would leave them at the end of the month with no money but still a mortgage to pay. I'm not saying that you should not become a doctor or engineer but rather that you should know your taxes and expenses and learn how to reduce them because you do not want to be homeless and lose everything if you lose your job.
Money Can't Stay Neutral
The problem with money is that it is always in action; it is either increasing or decreasing, even if you are not using at all. Its value always depreciates because of something that you probably already know, which is inflation. In other words you either work on increasing it or you let it depreciate over time which is why you should learn how to invest. And you cannot just learn it by reading a post or watching videos on Youtube. But it is not a complicated subject that needs a special talent to learn but that really need enough time and effort because that is the only way can actually make your money work for you and be financially free at least. That drives me to the next point, which is never play the game you don't understand.
Never Play The Game You Don't Understand
People usually ask which company they should invest their money in and a rational answer is invest in the ones you like and understand. People find the answer ambiguous and often get offended as they answer does not give them what they really expect in terms of content. But let's say if you had to start a new business. Would you really start a new business just because your friend thinks it is a good business? Of course not! Unless, you are good at it and understand that business in the industry. Otherwise, it will be a waste of time and money. But in this case, it is not you who is going to work on it but rather your money. So if you would start a business that you don't understand then why invest your money in a business that you don't understand. And the worst part of it is that when people invest in a company because an expert on Youtube said it is good investment. If it was really that good, he would do it without telling you.
All you need to do is play safe all the times, but wisely. All you need to do is keeps track of all expenses as you would soon see loopholes in every organization imposed transactions and able to save more money. Get yourself a lump sum to then invest in a company that you have been watching for a long time. And yes, do not invest it all. If you are not that much knowledgeable about stock exchange try learning about FOREX and then use the help of applications which always guide you into investing rightly and making a portfolio for you for free. I suggest using IQ Option.
That's all for now, if you thinks there is more to it. Feel free to comment down. I'll edit the post and mention you as source.