Financial well-being is an illusory dream of many people that anyone can realize. If you are on the path to increasing your finances, it is important to know the basic principles of this process. Also, you should avoid basic mistakes that can ruin your financial success. In this article, we will look at 15 secrets of increasing money that everyone striving for financial freedom should know about.

1. As long as you have existing loans, you will increase finances not for yourself, but for your lender. Therefore, live for some time on a “financial diet”, pay off your loans and under no circumstances get into debt again.

2. Take responsibility for your financial well-being. You probably realize how important finance is in your life, so should you trust responsibility for it to your employer, or even worse, to the state?

3. Make your main activity what you love most. Only the work for which your heart is located can you always do with enthusiasm, and even in the most difficult periods, do not abandon it. This is the kind of business that will be the most profitable and productive for you.

4. Money will increase not only for those who earn it in huge quantities, but also for those who know how to spend it correctly. It is very important to learn how to distribute your income in such a way that from each enrollment you save some amount.

5. Remember that by working with even the best boss in the world, you are depriving yourself of the opportunity to get more money. If you want to constantly increase your finances, you need to think about starting your own business.

6. Use various programs and applications in order to control and properly distribute your finances. Today there are many different developments for managing personal finances, calculating investments, and determining financial prospects. This kind of electronic help will give you more time for important things.

7. Invest - only passive income can effectively increase your finances. The less time you spend making money, the more time you have to develop your business and expand your list of opportunities.

8. Even if you currently have no opportunity to invest even a small amount of money, open an electronic piggy bank in your bank and save at least a small amount from each deposit. This will be the beginning of your journey towards financial freedom.

9. Get rid of the bad habit of making spontaneous purchases that were not planned and are not very important. Spontaneous spending will not allow you to increase your money, and even more, it can lead you to serious problems.

10. A very important investment is an investment in the development of your professional qualities. If you invest in the development of your professionalism, regardless of the field in which you work, you will be able to earn more, and therefore increase your finances.

11. Change your thinking and attitude towards money. Remember that money is primarily intended not to be spent, but to make a large amount out of a small amount. You should not see money as an opportunity to buy something with it; rather, see in it the potential for increase.

12. It is also very important to change your attitude towards success and its measures in your thinking. Some people believe that their success is measured in monetary units, although this is not actually the case. Money and its increase are just an integral part of success.

13. One of the important principles of increasing finances is the lack of haste. You should not expect to get rich quickly and increase the amount of your capital. It’s better to start working hard for the future and sustainable progress.

14. Learn a simple rule - high-quality goods are more expensive, but they are much more profitable than cheap, low-quality analogues. If you skimp and buy a low-quality, inexpensive item, you will soon have to spend money again. So you will not only not increase your finances, but on the contrary, you will waste them.

15. To increase your finances, it is important to have at least 5 sources of income. It is advisable that 4 of them are passive and do not require your participation.

In previous issues of our articles, we talked about things without special knowledge and skills, and now we will talk about increasing money. And so friends went...

For almost every person there comes a time when he begins to seriously think about how to increase and save his money.

If you don’t have free money yet, or you want to increase the amount of money, then you need to know a few general rules, following which you can achieve wealth.

What you need to know to start increasing money

Systematic and dispassionate management of finances. As you know, money loves counting, but, unfortunately, in our society, with the help of the powerful advertising industry, a stereotype is imposed that to live a rich and interesting life it is necessary to spend gigantic sums on certain goods with which a happy life will become possible. Don't fall for this illusion. Clearly determine what you need and what is not essential to purchase and control your expenses. Only this will help you increase your capital.

Create a specific financial goal for yourself and set a time limit for implementation. The result should be a program for accumulating money to achieve a certain material or spiritual benefit. You should never forget that money is a tool, not a goal in itself. It is necessary to increase them only to achieve something.

Do not take on credit or debt. This is especially true for purchasing goods that depreciate over time. One of the most common mistakes is taking out a loan to purchase household appliances or a car. The cost of these goods falls every year, and the money spent on repaying the loan could be multiplied, invested and received income from it.

Don't go to extremes. It is important to remember that money that is put into savings through debt cannot increase your wealth from scratch. Also, they should not be withdrawn to the detriment of the personal budget.

Create different accounts. It is necessary to have separate bank accounts for spending and saving. The first account will be used for current transactions with daily expenses, and the second account will be used to increase capital from scratch.

Rule of half. According to this rule, half of the money you receive from extra income (bonus, salary increase, bonus, etc.) must be left for your long-term goal. This rule applies to everyone, regardless of level and source of income, and is especially important for young people. Once this becomes a habit, you will be surprised at how much you can save and quickly increase your money.

Make sure that your income never exceeds your expenses, and as the former increase, the latter remain at the same level or increase only by a small amount. This is one of the secrets of how to quickly and competently increase money.

Determine the amount of monthly savings. Using simple mathematical calculations, determine your income and expenses, as well as the REAL amount that you can allocate monthly for savings.

Decide for yourself in which currency/bank/deposit you prefer to keep your savings.

Calculate your family budget and keep track of all your income and expenses. This will help streamline financial activities and most competently calculate deductions, which will help increase money as a result.

Multiplication tools: risk, profitability, guarantees

When you have free money and the question arises of how to increase it from scratch, do it quickly and safely, you should consider several important points.

Important to remember! Before you determine the way in which you want to increase money from scratch, you need to decide on two things:

1. What is the PURPOSE of increasing money.

2. What is the DATE for its execution.

It is on a competently and clearly defined goal (for example, purchasing a living space, traveling abroad, educating children, and so on) and the period for achieving this goal (short-term, medium-term or long-term) that the success of all the actions you take most depends.

REALLY increasing money means acquiring additional funds by accumulating them with certain instruments through passive income.

Directions of investment

Let us consider in detail a number of the most popular and reliable areas for investment, which are preferred by investors.

Real estate. Perhaps the most popular way of investing and increasing money, which does not require special knowledge and skills, but requires significant funds for acquisition. The main advantage of this method of increasing money is that real estate does not depreciate over time, but only increases in price. You can earn income both from selling property and from renting it out.

Jewelry. Just like real estate, the method is quite reliable, but, unfortunately, in addition to the content (namely, precious stones), there is also a design component, which over time can turn the price of jewelry as an investment object not in your favor and the increase can turn in loss of money.

Collecting. Unlike the previous option, investing in art objects is a very reliable way to increase money, since masterpieces only become more expensive over time. The only drawback, like real estate, art objects require a lot of capital to invest.

Precious metals. For example, gold is an excellent type of guaranteed income and increase in money. Its price has always been high and is growing steadily. This method is suitable for long-term savings, but when you buy the bullion itself, the state charges you value added tax, and does not return it when you sell it. Also, each ingot is subject to examination, also carried out at your expense. So, it is possible to increase income in this way only with additional hassle and costs, since gold needs special operating and storage conditions, as well as special insurance. All this, of course, requires additional cash costs.

The situation is different with gold coins. Unlike bullion, they are not subject to value added tax, have almost the same value as precious metal, are difficult to counterfeit and can become interesting not only to investors, but also to collectors over time. If you still choose precious metals as a method of increasing money, then technically, it is best to use impersonal metal accounts with this method. This feature is available at most major banks. The advantage of this method is manifested, first of all, in the absence of the need to purchase a gold bar, operations (including closing an account) are easy to carry out, and the money is returned in full; with this investment method no value added tax is charged. The disadvantage of this method of increasing funds is that these impersonal metal accounts, unfortunately, are not subject to state insurance.

Deposit account. Along with the purchase of real estate, this is one of the most affordable ways to increase money, as well as to obtain a clearly fixed income with a minimum share of risk and costs. You should be especially careful when choosing a bank, be sure to check its reliability and guarantees for the return of the deposit in case of an emergency. A number of significant advantages make this method very attractive, namely: the possibility of depositing small amounts of money, deposit insurance and a guarantee of money back in cases of problems beyond the control of the depositor, the ability to withdraw your funds in any case (the maximum threat is the loss of interest savings). The main disadvantage of this instrument is that the income is low and clearly fixed.

Entrepreneurship. Starting a business is another well-known way to get a good income and increase your money. But in order for your own business not to be unprofitable, and so that in addition to your income you do not lose your capital, you must have a set of skills and qualities, as well as a considerable amount of available funds.

Participation in the stock or foreign exchange market. This method carries high risks, but can provide great returns and really grow your money. The success of this type of investment will depend on financial literacy, the ability to work with financial instruments, the availability of free time to analyze the market situation, as well as a large set of personal qualities (for example, analytical thinking, hard work, patience, diligence, and so on) without which, unfortunately , this method is doomed to fail.

Participation in a mutual investment fund (UIF). Contributing to this type of income also requires a high level of financial literacy and good orientation in possible unfavorable external factors that may negatively affect the value of the purchased share. The advantages of this method of increasing money include the ability to control the activities of the fund, the presence of professionals in their management, as well as diversification of risks. But it is also necessary to mention the disadvantages of such an investment, namely: payment of money to the company regardless of the profitability or loss of the fund, an increase in the fund’s profitability is associated with an increase in risk, the absence of any guarantees for the return of funds, if you want to sell your share, you will have to pay income tax on him. So, it is possible to increase money in this way, but it is quite dangerous, since the risk of being influenced by negative factors and, as a consequence, losing your money is very high.

Accumulative life insurance system. A fairly new method in our country to increase money. It combines the functions of life insurance and a savings program. There is an opportunity to save for some expensive task or as a retirement option. This method has the following advantages:

• insurance protection comes into force immediately after the first payment;
• funds invested in this type of investment cannot be seized, confiscated or divided during a divorce;
• Insurance payments under such a program are not subject to taxation.

Reliability or profitability?

Achieving short-term goals. If you set yourself a goal that you need to achieve within one year, then one of these ways to increase money will definitely suit you:

• Bank deposit.
• Bonds with a high degree of reliability.
• UIF (mutual investment fund).

All three ways to increase money are recognized by experts as reliable for the short term, but at the same time they will bring the least income.

Achieving long-term goals

If your goals are long-term, then you should use tools to increase money with a higher level of risk, which, in turn, can be divided into several groups:

1. Instruments with a minimal level of risk and guaranteed income. This group includes government bonds, as well as bank deposits. You can increase the money of this group minimally, but you will be absolutely sure that you will not lose money.

2. Instruments with minimal risk and NOT guaranteeing income. These tools for increasing money include insurance programs, but they do not provide a guarantee of income.

3. Instruments with an average risk of loss. This is, first of all, transferring your capital to a trustee who can either increase your money or completely lose it, and transferring funds to traders.

4. High-risk instruments. These are tools with which you can increase your capital many times over or lose it completely. These include shares, stock exchanges, and investment funds. To select instruments from this group, you must have exceptional experience and preferably an economic education.

Regularity or flexibility?

Another decision that you must make before deciding how to increase your money and where to invest it is the replenishment system. That is, how you will supplement the amount of savings. There are three possible options:

• One-time investment (purchase of real estate or precious metals).
• Monthly contributions (deposits with the possibility of replenishment, insurance savings programs).
• Re-investment of the amount (including income already received) again (short-term deposits and certificates, bonds, and so on).

Withdrawal of funds

The final step in your plan for increasing money is choosing a withdrawal strategy. In total, three such strategies can be distinguished:

• Free withdrawal of funds: currency transactions, deposits with the possibility of withdrawal, and so on.
• Limited withdrawal of funds: deposits with extension, securities and mutual funds.
• Difficult withdrawal of funds: long-term deposits, savings insurance, commercial pension fund, and so on.

Conclusion

In difficult times of crisis, the question of how to not only save, but also increase money is very acute. One of the main reasons for this is inflation, which causes money to depreciate. If you do not put money into circulation and do not increase it, but simply store it, then sooner or later inflation will “eat” it. That is why you should choose a reliable way to protect them from this problem.

When choosing a method for investing and a way to increase money from scratch, you should remember that not all methods are equally good and reliable, and in order to choose the best one for you, you must first study all reliable investment options, then determine the amount that you can realistically allocate monthly from your budget to increase your cash income.

At the same time, you should make sure that your expenses do not exceed your income, and that your savings do not come to the detriment of your main personal budget. You should also immediately abandon the idea of ​​loans and borrowing for both purchases and investments, and depending on the time that you have determined to achieve your financial goal, choose a program on how to increase money.

The most reliable programs on how to increase money, as well as investing funds, can be considered a deposit on a bank deposit, the purchase of real estate and precious metals, mutual funds, a deposit program for a savings life insurance system, playing on the stock and foreign exchange market, as well as opening your own own business. Despite the fact that some of the proposed methods for increasing funds do not require specialized knowledge and skills, financial literacy, diligence and calculation are the secrets of success in any of the proposed options for increasing money.

It should also be understood that the accumulation of money and the desire to increase it should not be the goal itself; on the contrary, it should serve as a tool to achieve a certain goal. It is then that your success will bring not only financial well-being, but also joy and harmony in relationships for you and your entire family.

But this will be of little use if you do not know how to increase your capital, which you managed to accumulate. Of course, you can simply continue to save money, or keep the accumulated amount for a rainy day. But there are many ways to use this money more effectively and increase your capital with even a small amount of money

• Attitude to money.Indeed, those people who respect their finances always earn more than others. Many people say that money does not buy happiness. Of course not, happiness lies in their quantity. Naturally, there are many important, intangible things, but in our time you cannot survive without money, and everyone knows it. Therefore, you need to love your money, even, preferably, keep it in a beautiful wallet, and not in just anything.
• You need to think positively.You need to think well not only about money, but also about life in general. Mental attitude is a powerful thing. Therefore, if you tell yourself that you will get rich, and, most importantly, believe in it, then your chances of earning more will definitely increase! Of course, in addition to positive thinking, you also need a lot of work, but believe me, it is also worth a lot.

• You need to get rid of bad habits.Now it has become very fashionable to live in the moment, not to think about tomorrow. It sounds good, of course, but if you spend half your salary today, what will you live on for the next month? Someone says that if you don’t have money, then you need to spend it and not limit yourself in anything. Naturally, you can’t limit yourself too much, since you need to live on something, but spending everything to the last penny is stupid and unreliable. If you have good profits, do not forget to save and think about the future.
• It's better to invest money in something than just save it.It will be a little more promising and profitable to invest your savings in some business than to simply deposit them in a bank account. This way you can earn passive income without doing anything for it;
• Investments are not only about money, but also about losses.You must understand that before you invest your finances in something, you need to become thoroughly familiar with the project you are going to invest in and calculate whether it can bring you real profits or only losses.

How to save and increase a small amount of money

Which method of saving and accumulating finances is best for you depends on what goals you are pursuing. Quick accumulation of money, stable income in the future or others.

If we are talking about increasing a small amount of money, then there are several options for how to deal with them correctly:

• Storing money in precious metals.The main advantages of this type of financial investment are that jewelry is always in value, it is easy to buy and sell, both in the form of jewelry and in the form of scrap. However, problems may arise in purchasing such a commodity in the form of bullion, storing it, and changing its price due to various incidents. In general, the option is real, but there are more disadvantages than advantages.
• Storing money in securities.There are also pros and cons here. The good thing is that they can be easily purchased, and you can earn a lot from them quickly and a lot. The bad thing is that you always need to be aware of various changes in the market, it’s easy to both earn a lot of money and lose it in one moment, constant dependence on brokers and the market. Here the number of minuses also exceeds the number of pluses. Therefore, the option is not bad, but quite risky.
• Storing money in deposit.A fairly common option, but now it is losing its popularity a little. Putting money on deposit is, of course, very convenient, but you need to find a bank that you trust, and also take into account the fact that the percentage of return will always be less than inflation. Conclusion: you can put money on deposit, but it is advisable that the amounts are not large and that they are not stored there for too long a period.

• Investing in yourself: training, studying.This, of course, is a very good and promising investment option, since if you learn to better understand a particular area, then, naturally, you will be able to earn more. The main thing is to choose the right direction. It is better that these are specialized courses and master classes than standard higher education, since the courses will give you much more practical skills and knowledge.
• Investing money in your business.There are approximately the same number of pros and cons here. Pros: you can work for yourself and realize the idea that you want. Disadvantages - all responsibility, naturally, will also lie with you, and in case of failure, you will have to pay for everyone. Therefore, the investment option is a good one, but before you start implementing it, you need to think everything through very well and carefully.
• Become a member of an investment fund.In order not to deal with capital market transactions yourself, you can become a member of an investment fund using the collective investment service.
• Buying a property.This is probably the most reliable option that can bring you stable profits over a long period of time. Of course, you will need a large initial capital, but the result is certainly worth it.

How to increase capital without risks

Most likely - no way. Whichever option you choose from the above, some risk will still exist. Everyone has the right to make mistakes, and when working with investments it is very difficult to always get everything right. The main thing is not to rush, carefully and carefully explore all the sites and markets in which you want to work, evaluate your competitors on their merits and do not immediately invest all the finances that you have in one project. It’s better to play it safe and distribute your money across more than one project, or simply invest some part, and after receiving the first profit, do the rest. This way you can reduce your risk as much as possible.

19 872 0 Hello. In this article we will talk about how to increase your own money without risk. Today you will learn: what types of profit are there? Which method should you choose to make a profit? How can you avoid risks? How to avoid falling into the hands of scammers.

Types of profit

It is no secret that money must work and bring profit to its owner. That is why many citizens are interested in how to profitably invest their accumulated savings in order to receive maximum income without any risk.

As a rule, the choice largely depends on how you want to receive your profits. There are two ways to generate income:

1. Short when you receive a fixed income constantly. For example, these are well-known deposits, the accrual of interest on which is possible monthly, to a separate account.
2. Long term, when profit is accrued at the end of the specified period.

To understand exactly how the type of investment is right for you, let’s look at the listed types in more detail.

Short-term investments

If you regularly want to receive a fixed profit, then you should pay attention to short-term investments.

Binary options

This type of profit making is very popular today solely because of its high profitability. But to make a profit, you will need knowledge and a proven platform with a good reputation. It’s not for nothing that they say that successful traders are not born, they are made.

The essence of binary options trading is to correctly choose the profitability of an asset for a specific period of time. If you guess correctly, you can get a return from 61 to 91% of the bet amount. If you make a mistake, you will lose money. Everything is very simple.

It turns out that this is a kind of risk. But this type of profitability is nevertheless very popular, despite the fact that anyone can lose their entire fortune in a matter of minutes.

Short-term loans

Today, the services of private investors are very popular. As a rule, citizens who have been refused by the bank, but are in dire need of financial assistance, seek help.

The main thing is to draw up the agreement correctly in the presence of a notary. Experienced private investors advise issuing large sums only to trusted and regular clients.

To obtain maximum profit, you can issue short-term loans for up to 30 days. The amount under the agreement should not exceed 10,000 rubles. The interest rate in most cases is charged for each day of use of borrowed funds and ranges from 1.5% to 2.5% per day.

Bank deposits

This is an old proven way to get a guaranteed income. Of course, the profitability in this case will be minimal, but guaranteed. The risk that you will not be able to achieve the desired return is very small.

When opening a savings account, you should consider:

• for how long to open a deposit;
• How to receive interest: monthly, quarterly or at the end of the year.

You can open a deposit for either several months or several years. Deposits up to a year are classified as short-term investments, those that are open for a longer period are classified as long-term investments.

Long-term investments

This type of investment is suitable for those citizens who are ready to place their own savings for a long period of time in order to obtain maximum profit.

Investment accounts

If earlier investment projects were offered by special companies, today a profitable product can be purchased at any bank office. There are various areas of investment: medicine, tobacco and alcohol products or construction.

Investment agreements are concluded for a period of 3 to 7 years. The yield on this type can reach 70% per annum. There is just a small minus. If you want to return the funds ahead of schedule, you will lose not only profitability, but also part of your own savings.

For example, if you place 10 million rubles in an account for 5 years and after a few years you want to withdraw your funds, the company will return only 7 or 8 million rubles. These conditions will be specified in the contract. It turns out that withdrawing money ahead of schedule is completely unprofitable.

Stock

Today, all major companies offered to purchase shares of their enterprise. The larger and more stable the company, the more expensive the shareholding. The peculiarity of this type of investment is that it will not be possible to get a good return a year after purchasing shares. Good profits can be expected only after 5-7 years.

Shares can be sold or inherited at any time. It should be taken into account that the price of shares will rise if the company actively develops. Otherwise, you may lose your savings. Often companies sold shares, but after a while they declared themselves bankrupt and did not return the funds to shareholders.

It turns out that you can only purchase shares of large companies that have proven their stability over the years.

Securities

This is the most popular type of investment for those citizens who have a small amount. To purchase the minimum package you will need from 50 to 100 thousand rubles. Special companies today are ready to help in the acquisition of securities and calculate the maximum profitability for each product.

This is an excellent low return with minimal risks. The main advantage is that, as with a deposit, the profitability will be specified in the contract.

Real estate

Buying valuable real estate is the best long-term investment of your own capital. This option helps to invest profitably and increase money.

Experienced investors prefer to purchase real estate during the construction stage. It is at the initial stage of construction that you can purchase real estate at a minimal cost.

For example, you can buy an apartment in a building where the foundation has just been laid for 300-500 rubles. As soon as half of the house is built, the cost of apartments will double. As soon as the house is commissioned, the cost of the apartments will be 3-4 hours, depending on the type of finishing. It turns out that in 5 years you can get a good profit. The main thing is to purchase property only from trusted developers .

How to increase your own money: proven methods

Many novice investors do not know how to save and increase money without risk. Especially for you, we will look at simple but proven ways to generate income, both with a minimum and maximum investment.

Endowment life insurance

Have you ever thought that as a result of an accident you will not be able to perform your job duties and receive wages? You can often hear from most citizens that nothing bad will happen to them. However, in practice everything may be different, and an accident may occur at the most inopportune moment.

This is why endowment life insurance has been in great demand lately. Thanks to the contract, you can not only receive protection from an accident, but also increase your own savings.

The program works quite simply:

1. You contact the office of a financial company;
2. Select the term and maximum amount under the contract within which the insurance company will make payments;
3. Deposit funds into the cash register;
4. You receive a quality product.

The profitability of endowment insurance will be clearly stated in the contract.

Example:

Ivan Ivanovich contacted the insurance company’s office on May 15, 2012 and signed a contract for 5 years, with a yield of 6% per year. The insured amount under the contract was 1 million rubles.

A year later, on May 15, 2013, the company made a payment to Ivan in the amount of 60,000 rubles. A month later, Ivan had an accident and broke his leg. The insurance company paid compensation under the contract in the amount of 150,000 rubles.

In May 2014, the company again made a payment to Ivan in the amount of 60,000 rubles. This payment was consistently received by the client annually, within the specified period.

Ivan decided to spend his winter vacation in 2016 at a ski resort and broke his arm. The insurance company immediately paid compensation in the amount of 120,000 rubles.

After 5 years, Ivan contacted the office of a financial company to close the savings agreement. In all 5 years he was able to get:

• May 15, 2017 - 1,000,000 rubles, which he invested in the agreement 5 years ago;
• Two insurance payments totaling 270,000 rubles;
• Profitability in the form of interest, totaling 300,000 rubles.

It turns out that it’s an excellent contract with a low profitability, which helps to get a good guaranteed income and compensation payment as a result of an accident.

Precious metals

This method of investing has been familiar for a long time. This is the most proven way to protect your savings from inflation. You can invest in valuable metals in any way convenient for you:

• buy gold bars;
• place funds on impersonal metal accounts;
• buy futures on the stock market.

As for profitability, in this case it will not be possible to get a large income.

Antiques

Today there are a lot of art connoisseurs who are willing to pay fortunes for antiques. In this case we are talking about paintings, sculptures, interior items, etc. According to the law, an item is recognized as an antique if it is more than 50 years old. But not all things have value.

You can purchase antiques at special exhibitions or auctions. For example, having bought a painting for several million, you can sell it after a while for 2 or 3 times more expensive. The main thing is to have a good understanding of antiques, since there are a lot of scammers who can sell a fake at the price of the original.

Internet project

It’s worth noting right away that this method of generating income is suitable for those citizens who have special knowledge and can open a website or project on the World Wide Web. Today, there are many ways in which you can make a profit using your website.

The initial investment will be:

• purchase of hosting – from 100 rubles per year;
• domain purchase – from 250 rubles per year
• ordering articles – from 250 rubles per 1 article.

When opening a project, at least 50 articles will be required. The initial investment can pay off after just 5-6 months, after which everyone will be able to make a good profit. Just don’t hope that you will open a site and just receive your money. It will take a lot of hard work, but it will be worth it. A dedicated assistant can help you manage the project.

Psychologist, family therapist, career coach. Member of the Federation of Consulting Psychologists of Russia and member of the Professional Guild of Psychotherapy and Training.

Surely almost every sane person dreams of financial independence and material well-being. Who among us has not asked the question: “How to increase money?” Of course there are none. However, for some reason, not everyone succeeds in achieving the goal of attracting wealth. Maybe there are some rules or laws that answer the question of how to increase money?

Are there laws of attracting money?

Statistics show that the bulk of the money supply is concentrated in the hands of only 20% of the planet's population. Why is it that most people are forced to be content with the bare necessities, while only a select few can afford to own yachts, expensive cars and luxury apartments in the “heavenly corners” of the globe?

The conclusion suggests itself: wealthy people know well in theory the question of how to increase money and know how to apply the laws of attracting it in practice, while competently managing financial assets. Naturally, their capital increases every day.

Perhaps not everyone can believe this, but every person can, through self-development and positive thinking, over time begin to think like a rich person and gain financial independence.

What is the thinking of a wealthy person based on? Let's list the main factors.

Attitude to finance

Those who are haunted by the question of how to increase money should understand that in order to achieve financial well-being, you need to change your own attitude towards “crispy” bills. We need to learn to love them a little more and be even more sensitive to them. Buy an exclusive wallet, transfer your cash into it and use it only. Don't let your new wallet contain crumpled or crumpled bills.

There is a belief that money is most often acquired by those who carefully put cash in their wallet, smooth out the bills and often count them.

Think like a rich man

Don't know how to save and increase money? First of all, you must learn to think differently. Your entire subconscious should psychologically prepare you for the fact that you have already achieved financial well-being, even if in reality you are only on the way to this. It has long been proven that our thoughts are material and what we wish for ourselves will ultimately come true. Think more about the good: thank fate for the happy moments in your life, rejoice in every new day that is given to you.

Habits

There is one more little secret on the way to how to save and increase money. You must get rid of some of your habits that you have acquired in the past. These, in particular, include: “I live for today.” In other words, some people prefer to spend all their money “here and now” without saving it for tomorrow. As a rule, such people almost never have money or very little of it.

It will not be superfluous to learn to save in certain situations. If there is no urgent need to buy certain things, then, of course, these extra expenses can significantly reduce the burden on the family budget.

Avoiding spending on tobacco and alcohol will also help improve your financial situation. This is the only way you can solve the question of how to increase money.

Conspiracies, opening financial flows and other types of business magic will not help here.

Also make it a rule to save part of your income - at least this amount should be 10% of your earnings. Initially, the size of your savings will be small, but after a year there will be a fairly decent amount of money in your bank account.

Investments

Remember that money should not lie “dead weight” under the mattress - it should accumulate financial resources. To do this, capital must be invested. In other words, you need to purchase financial assets that will bring you stable profits in the future.

However, for those who are wondering: “How to quickly increase money?” It will be interesting to know that investments differ in the degree of risk and the amount of profit. The greater the potential income an investment project has, the riskier it is.

Enrichment methods

Currently, there is a whole arsenal of financial instruments through which capital can be accumulated.

Starting your own business

To gain financial independence, many people engage in entrepreneurial activities. Again, it should be emphasized that it involves certain risks. In most cases, to open a business you need to take out a loan from a bank, so you must calculate on paper in advance all the prospects for your entrepreneurial activity and draw up a detailed business plan.

Bank deposit

Is there another way by which you can solve the problem of how to properly increase money? Absolutely yes.

Many people prefer an investment instrument such as a bank deposit. You open an account for a certain period, during which you receive interest every month. In this regard, an interesting question is: “How to increase money in Sberbank?” Today, this financial institution has a wide range of deposit programs that differ in deposit retention periods and interest rates. The longer the bank uses the borrowed funds, the higher the interest rate.

To enrich themselves, some bank clients buy a Savings Certificate, which is equivalent to a security. It can be quickly and profitably implemented in the future, as well as paid for a number of banking products. The denomination of the savings certificate is different - 1.10, 50.100 thousand rubles. The minimum period of time after which interest accrues is 90 days, and the maximum is 729 days. The interest rate depends on the nominal value of the certificate and its shelf life. The above-mentioned security can be stored in a banking institution, in which case you will be issued a certificate of safekeeping.

Purchase of real estate, land, collectibles and precious metals

The greatest value at all times was real estate and land. If you rent them out, they will bring a fixed profit. It is also profitable to invest in gold, since this product has also always been considered expensive at all times.

Some businessmen have learned to make enormous profits by investing in investment funds and purchasing securities. However, it is very important to calculate in advance all possible prospects for the development of events.

Life insurance

It is also an effective investment tool. In most civilized countries, pensions are formed through the existence of life insurance policies.

This document ensures a comfortable life after a person independently decides to retire, and not after the state provides this opportunity.

Conclusion

Before choosing one or another investment instrument, you should study all the pros and cons of each.

If you are determined to achieve financial well-being, then you should always remember the share of responsibility that is assigned to you in connection with making such a decision. For all your successes and failures in investing, you will only have to answer to yourself.