Tips Millionaires

03:50 Unknown 0 Comments



How to save money?
We continue to talk about money, which began in a previous post dedicated to this topic.
Surely, many of you would be interested to know the opinion of dollar millionaires on how to not only make a fortune, but to save it from ruin.

And in general: what kind of people who managed to reach the highest level of financial comfort? What they are guided by principles of life?

I suggest you get to know some tips world's richest people on how to save money.


Bill Gates

His main advice to conserve money:

To learn from their past mistakes
Make mistakes, managing cash flow - the most common phenomenon in life.

We all commit them. But only those who are able to learn from the mistakes will eventually be able to achieve financial independence.

His credo: "It is remarkable that there is a reason to celebrate success. But more importantly, learn from failures. "


Michael Bloomberg
Purchase only what you need to meet your needs
Michael Bloomberg is known as one of the most odious of mayors of New York and as a major auctioneer international financial information company.

But few people know that in the past 10 years, he did not put any new pair of shoes, preferring to wear stretch, alternating between two pairs of black loafers, which, he says, gave him maximum comfort and meet all the requirements of functionality.

He does not understand, why spend a fortune on shoes that he never wears because his moccasins fully meet their needs.


Richard Bran son

His advice:

Set goals and make every effort to achieve them
British billionaire once he started with a simple list of goals written on a standard sheet of paper.

Many of these goals cannot even be considered realistic. But he set goals for themselves and started to just methodically implement them without even knowing that one day they will become a reality.


John Donald MacArthur

He advises to make a budget and stick to it
DD MacArthur was the sole shareholder of Bankers Life and Casualty Company of Chicago.

He began his business career with a small acquisition, and despite the Hollywood glitz and glamor around MacArthur refused to take part in the feast of luxury and lived very modestly, without departing from the scope of its annual budget to $ 25,000.


Warren Buffet

Buy a home that meets your needs
Warren Buffet is a classic example of this rule.

He still lives in the state of Nebraska in the house that bought another 1958 just 31,500 dollars.

And, although his condition has long exceeded 65 billion, and he can afford any mansion, nevertheless, W. Buffet is not going to change their modest stucco 5 bedrooms in the old house into something grander because cannot afford it allow.


T. Boone Pickens

He recommends

Compose shopping lists and take it with you to the store as much as should be sufficient to pay
Oil tycoon and billionaire Pickens knows a sure way to save money, he never wears a purse of money more than he needs.

Before you go shopping, it is strictly a list and buys only what is on the list.

Respectively, and money with them he takes as much as he needs.

You will not be able to spend more money once you have them?


Robert Kuok

Use the opportunities that life sends you
Robert Kuok, the richest man in Malaysia, lives by the principles which instilled in him by his mother, never to be greedy, do not use other people and always guided by morality when it comes to money.

Explains that in order to become successful in finance, you must be courageous and always take advantage of opportunities, even if no one believes in your success.


Jack Ma

His advice: Your customer must always come first.
D. Ma believes that customers should always be the number one priority. In second place employees, and only at the last - the shareholders


Ma believes that the human environment in which he lives and works, is more important than his abilities.