Many times we spend a lot of time comparing prices in order to find cheaper goods, but we don't know that the time you waste is much more expensive than the few dollars you save.

Divide your monthly income by 300 to get your current time unit price.

Based on this standard, if the hourly monetary return of something is lower than this value, you can choose to spend money to solve it, free yourself from inefficient things and focus on things that can improve your self-worth, thus achieving a virtuous circle.

For example, renting a house close to the company, although the rent will be a little more expensive, using the time saved by commuting to improve ourselves will be more conducive to our future value-added.

2. Spend a lot of money wisely.

For large expenditures, be very cautious and spend money on long-term value-added things with investment attributes.

Among rich fathers and poor fathers, there is a concept of "assets and liabilities". Assets refer to the income that can bring you, and liabilities refer to the money that you need to pay out of your own pocket.

One of the differences between the rich and the poor is that the rich will try to buy assets, while the poor will always buy liabilities.

For example, you have 20w now. If it is used to buy a car, the car will not increase in value, and there will be a lot of money for monthly maintenance. If you take it as the down payment of a house or make other financial investments, it can bring you a certain return. ,

3. Spend small money clearly.

Many people don't care about small money, and think that a few hundred and eleven hundred won't have much impact on life.

But it was this small sum of money that inadvertently emptied our wallets.

There is a phenomenon in economics called "latte factor", that is, a couple drinks a cup of coffee every day, and the cumulative amount in 30 years is as high as 70w.

A lot of unnecessary expenses will have a huge impact, and small money should be spent clearly.

Remember every expenditure, check it regularly, find out the latte factor and try to eliminate it.

4. Pay attention to the details of spending money in life.

It is also possible to save money that must be spent.

For example, if you go out to eat, you can search for coupons on a certain evaluation of a group, ask if there are free parking tickets when you check out, and get coupons before you place an order online. You can save a lot of money in a minute or two.

Share a few money-saving tips:

Many platforms have discounts on credit card payment, and points can be exchanged for things.

You can pay attention to the airline's membership day when you buy a plane ticket. Before the film is released, there are often preferential ticket purchase activities. Online shopping uses rebate App to place orders.

Take coupons before ordering takeout.

5. Allocate your own consumption budget.

Use three accounts to organize your own money, which is earmarked for special purposes.

:: Consumer accounts

Pay attention to safety and flexibility for necessary consumption such as rent, water and electricity, daily expenses, etc.

Happy account

Money for self-improvement, eating and drinking, and honoring parents, focusing on safety and flexibility.

Value-added account

After planning the consumption account and the play account, the remaining money can be put in this account, which needs both risks and benefits.