🍊When you have 2 million in savings
🍊Owning a car worth 300,000
🍊Living in a 130 square meter house
When you have no loan pressure, your daily life is actually not much different from those wealthy people.
Note, I am talking about daily life. This condition is enough to allow a person to reach the ultimate state of living, which is also the wealth limit that ordinary people can manage. Having more money is not necessarily a good thing; rather, it can become a burden or even a disaster.
Many people may feel that this standard is unattainable for ordinary people, but in reality, this standard is indeed achievable for ordinary people, and many have reached it before.
Why is it said that it was once achieved? This is the most difficult part. The rarity is not in earning this money but in maintaining this standard. Once you reach or approach this goal, people start to 'act'. Just like some people who have saved hundreds of thousands and want to buy a house and change their car. Those who reach this goal generally cannot help but get into investments and business; in short, they won't be satisfied until they have exhausted this money.
Those who can earn 2000000.
🍊Most rely not on brains.
🍊is not diligent either
🍊Rather, it has caught the wind.
This means that some people actually do not have the mindset to make money continuously, or do not have the mindset to earn more money. At this point, it is impossible to achieve greater success. But many people mistakenly take the opportunity and luck as personal ability, thinking that since they can make money in this field, they can do so elsewhere. Therefore, the vast majority will eventually lose all this money. Such people are really not few.
I have a friend who went from being a millionaire to being broke overnight. In this current era, it is not difficult to earn this much money. The worse the economic environment, the more cracks there are in the big environment, and opportunities lie within those cracks.
Many people’s first pot of gold was earned during economic downturns; this is a rule. However, very few can not only make money but also keep it. Those who can keep money are much more competent than those who can make money.
I am very fortunate to understand this principle now.
🍊When you can make money.
🍊Work hard to save money and not go astray.
🍊Because people will not always be lucky.
Take us, the cryptocurrency players, for example. Just because we can make money today doesn't mean we can do it tomorrow. So, I have never felt that my success in the crypto world is due to personal ability.
🍊I think it is more about opportunity and luck.
🍊I am also wary of mistakenly taking the opportunity.
🍊Luck as personal effort.
Even if there are indeed factors of personal ability. But opportunities will stop, and chances will pass. The higher you think of yourself when you’re on a wave, the harder you will fall when the tide goes out. That kind of gap will swallow the courage to start over and will make you look down on those opportunities that could have helped you stand up again. This is very scary.
How should we specifically keep wealth?
🍊First, have the right view of wealth.
🍊Don't think that money has to be spent.
🍊Or it must be used for investment.
🍊Sometimes it’s better to save money steadily in the bank.
🍊Instead, it is the wisest choice.
Secondly, you must recognize your own strength. Do not overestimate yourself because of temporary success. Be clear about what is brought by luck and what is obtained by strength. Stay humble and keep learning so that you can stand undefeated amidst changes.
Furthermore, you must learn to control your desires. Seeing others buy houses and change cars can make you envious; seeing others invest and make money can make you tempted. These are all major taboos for keeping wealth.
You must have your own rhythm and not be disturbed by external factors. The most important thing is to have risk awareness. Every investment has risks, and every industry has cycles. In good times, prepare for bad times; when making money, plan for times when you won't make money.
If we do not uphold the wisdom of wealth, no matter how much money we have, it will flow through our fingers like sand. Think about it: when you fall from the peak of life to the bottom, how great is the psychological gap? When you can no longer adapt to the life of ordinary people, how deep is that pain? These cannot be measured by money.
Each of us should think.
🍊Is to choose to enjoy life in time.
🍊Spend all the money on enjoyment.
🍊Still choose to flow steadily.
🍊Plan well for the future.
The answer is obvious, but very few can achieve it. So when you can earn money, tighten your pockets and save money desperately. When you cannot earn money, you should tighten your pockets even more to save money. This is not stinginess; it is wisdom.
True wealthy people are not the ones who make the most money, but the ones who understand how to keep money the best. The key to financial freedom is not how much you earn but how much you keep and how long that money can bring you a stable life. That is true wealth wisdom.