How to get rich Part II

So what the man did was the following, he knew that he didn´t earn as much money as others did but he also knew that others spent more money. Others work hard to earn more money just that they can spend more, but he wanted to work hard to save more money. He said that there is nothing more important as saving your money because if you don´t do that you will always work for the money but if you do it your money your money will work for you one day.

But saving money isn´t as easy as it seams, it really takes a long time and requires very much self discipline till you are the perfect depositor. The most important thing is that you really want to become rich but here are some other tricks to save money the man told me.

1. Never leave the house with money you don´t essentially need.
2. Break your EC and Credit Card(s) in two pieces you don´t need them anymore.
3. When you have to buy something always look for the cheapest.
4. Always remember one saved dollar is one earned dollar.

OK when you hear that it really sounds like the man had a very boring life, but he said that after a while you don´t even want to spend your money and get addicted to it somehow. Also you start to disdain the people who trow their money out of the window in the hope that the society respects you. You have to realise that money isn´t a toy you could rescue a child from the hunger death just for one dollar.

Saving money is the most effective and safest way of getting rich which is often very underrated by the people. Also the time value of money plays a very big role, like this short calculation shows.

For example if you start to save your money with the Age of 25 and you get 10 % interest rate till the age of 65 you got 4,868,518.11 USD. Otherwise if you start to save your money with the age of 55 you will just receive 175,311.67 USD.