Change 6 small habits to become rich



Nobori Norio, a Japanese wealth management expert and author of the book "The Art of Earning 300 Million Yen at 33". Nobori Norio, said that people without money are not necessarily due to low income but because they cannot keep their assets.

Nobori Norio is 50 years old this year, graduated in economics from Chuo University, Tokyo.  He works in a strategic management consulting firm based in the US.  Thanks to real estate investment and forex margin trading, Nobori has had 300 million yen (63 billion dong) in hand from a young age.

In the book, this expert shares his own experience, if you want to accumulate money, you must have a specific goal and the number must not be too far away.  "The most important thing is saving. Only then can you invest to increase your assets," Nobori Norio said.

Here are 6 small habits in the life of the expert to be richer.

1. Moving house less

 According to Nobori, if you are renting a house, the rent must not be more than 1/5 of your salary. 

 The special thing is not to move house many times.  Because each move not only takes time and energy, but also costs more money to buy new items as well as many other costs.

2. Must save money

 Saving money is a must, even if the income is small.  According to Nobori, you must save at least 20% of your monthly income, the rest is used to spend.  If you spend first and then save later, you won't save any money until the end of the month.

 Rich people always try to avoid overspending.  While many others are struggling with financial difficulties due to overspending.  They spend more than they earn and fall into deep debt.  If you are in this situation, change it now so you can take control of your finances.

Change 6 small habits to become rich

Saving money to become rich / ph: pexels

3. Don't use credit cards

 For many people, credit cards are "dangerous tools" because they will push users into uncontrolled shopping.  Even they are always willing to pay for an item that is beyond their ability to pay.  If it continues like this, it is very easy to get into debt.

 Therefore, it is wise not to use a "buy first, pay later" credit card.  Using that cash to pay for items that need to be purchased.

4. Limiting going to the supermarket and shopping

 Supermarkets are always a "pitfall" for shopaholics.  In here, many people cannot control their desire to shop.

 To overcome this habit, make a specific list of items to buy when leaving the house and buy only the things that are intended.  Periodically buy 1 or 2 times a week, limit walking or going out to the supermarket.

5. Buying some new clothes

 New clothes always make fashionistas crazy, especially women.  However, you should not shop arbitrarily because this is not a small expenditure.

 Another thing to note is that you should not buy clothes with eye-catching designs but poor quality, cheap prices.  Because of these clothes, there is a high chance that the season is not over yet it's broken or the wearer feels bored, unable to use the next year.  Buy good quality clothes that can be reused for many years.

6. Considering the act of "rewarding yourself"

 After a year of hard work, even just after completing some important work, many people get into the habit of rewarding themselves.  It could be a favorite item or a vacation trip.  This is very good if it does not happen often or the amount of spending is not large.  After all, besides working, people also need to rest and enjoy life.

 However, if the "self-reward" is repeated continuously with large amounts of money, all your efforts to save and accumulate become meaningless.

Change 6 small habits to become rich

Your comment
*
*
*
*
 Captcha

When you are poor, remember 4 thinking ways of Rich people

When you are poor and despised by others, don't be too concerned with their ridicule but try to find out the reason, learn from rich people and change your mind to change your life.

When you are poor and despised by others, don't be too concerned with their ridicule but try to find out the reason, learn from rich people and change your mind to change your life.

Read more

10 things for Personal Growth to achieve your Life Goals

Learning to accept yourself as imperfect is to reconcile yourself.  When you truly learn from useful opinions from others, you are beginning to develop yourself. Here are 10 things for Personal Growth to achieve your Life Goals.

Learning to accept yourself as imperfect is to reconcile yourself.  When you truly learn from useful opinions from others, you are beginning to develop yourself. Here are 10 things for Personal Growth to achieve your Life Goals.

Read more

How to apply the 80/20 budgeting rule for Personal Finance plan?

If the 50/30/20 rule makes it difficult for you to keep your money, let's turn to the 80/20 rule to make it easier to budget. The 80/20 rule is budgeting method for people who don't like to track spending.

If the 50/30/20 rule makes it difficult for you to keep your money, let's turn to the 80/20 rule to make it easier to budget. The 80/20 rule is budgeting method for people who don't like to track spending.

Read more

6 keys to Master Personal Finance

The golden key to mastering finances, helping to save amazing money: Can't get rich right away, but at least help control running-out of money at the end of month.

The golden key to mastering finances, helping to save amazing money: Can't get rich right away, but at least help control running-out of money at the end of month.

Read more

Using money to make money is the way to achieve financial freedom

The rich always use the money they earn to invest in new projects to "make money".  On the contrary, the poor all year round just rely on their own hard work to ensure a daily life of 3 meals ... But if you only know how to save and do not know how to invest in other amounts, often lead to financial management failure.

The rich always use the money they earn to invest in new projects to "make money".  On the contrary, the poor all year round just rely on their own hard work to ensure a daily life of 3 meals ... But if you only know how to save and do not know how to invest in other amounts, often lead to financial management failure.

Read more

Misconceptions about Money

Not all debt is bad, renting a house doesn't mean throwing money out the window and talking about money isn't uncomely.

Not all debt is bad, renting a house doesn't mean throwing money out the window and talking about money isn't uncomely.

Read more

Setting personal goals for GREAT SUCCESS

Set your life goals first.  Then, formulate a five-year plan that you need to complete if you want to achieve the life plan.  Keep the process going by regularly reviewing and updating your personal goals.  And remember to take the time to enjoy the results each time you accomplish a goal.

Set your life goals first.  Then, formulate a five-year plan that you need to complete if you want to achieve the life plan.  Keep the process going by regularly reviewing and updating your personal goals.  And remember to take the time to enjoy the results each time you accomplish a goal.

Read more

6 reasons why you must have life goals

There are many people who often don't set any life goals.  We need to differentiate between goals and dreams.  Goals really lead us to clear results.  This article will give you 6 reasons why you must have life goals to achieve success in life.

There are many people who often don't set any life goals.  We need to differentiate between goals and dreams.  Goals really lead us to clear results.  This article will give you 6 reasons why you must have life goals to achieve success in life.

Read more

Set life goals - The path to success: 5 most important life goals

At each stage of life, there are different life goals such as: students who want to be at the top of their class, students want to win scholarships, graduate school, want to find a good job ... Especially as adults, life goals.  Life becomes more and more important than ever, only when you have life goals, you will achieve success.  The life goals are clear, the destination is close.

At each stage of life, there are different life goals such as: students who want to be at the top of their class, students want to win scholarships, graduate school, want to find a good job ... Especially as adults, life goals.  Life becomes more and more important than ever, only when you have life goals, you will achieve success.  The life goals are clear, the destination is close.

Read more

Copyright © Vuhes. All rights reserved. The Content may not be copied, distributed,  republished, uploaded, posted or transmitted in any way without the prior written consent of Vuhes.