Financial education ------ Separate the capital as soon as you arrive and increase the active income !!!

Greetings everyone,

In this third part on financial education, I separated 2 topics that I think are very important to deal with the cash flow that we receive.

1- Separate capital as soon as you arrive

An important issue for the beginning of the improvement in the financial life of the person is to separate a part of the salary work that receives it. There is no way to set a percentage right for everyone, it will depend on how much each one receives, their ability to save and their investment goals. In general, the greater the contribution made, the less time a person will take to achieve their financial goals.

Saving part of the income regularly is a very useful tool to make money work for you. This is because by saving, it becomes able to make investments and enjoy the income they generate

Increase active income before liability

For the person to be able to invest, there must be capital. The greater the financial income at work, the greater its possibility of contribution.

The more a man improves in his craft, the greater his ability to obtain financial return, that is, the more knowledge we possess within our profession, the more rewarded we will be. Through this, we can infer that for our gain to grow, we need to invest in our formation. Any tool that helps us gain our knowledge is welcome in this process.

Can you see what is common in these photos ?????

The boy learning woodworking issues with his father. The little boy learning student issues from the book's authors. The little boy and the stars who learned to play with Zico.

ALL of them are getting better in their professions, whatever they are.

For example, a young graduate starts working and earns $ 2,000 a month and wants to separate 20% to invest in his retirement. This contribution of 400 reais a month could be used to pay for a graduate course, to buy books, to attend seminars, study groups, anything that increases your financial earning capacity to increase your contribution. After developing himself at work, he would gradually increase his income, increasing his power of contribution and his retirement would happen more easily and quickly.

Thats all folks, thank you!!!!