richest man babylone Nabuchodonosor against an empty wallet: Increase your ability to earn money

“I will speak today of one of the most important remedies against an empty wallet. Yet I will not speak of gold but of yourselves, men dressed in different colors and sitting around me . I will speak of these elements present in the minds and lives of men, who work for or against their success.

It was not long ago a young man seeking to borrow money came to see me. When I asked about the reason for his need, he explained that those revenues were insufficient to cover its expenses. Hereupon I explained to him, as was the case, it would be a bad score for a lender, as it lacked the capacity to earn more to repay the loan.

“What you need, young man,” I said, “is to earn more money. What have you done to increase your ability to earn a living?”

“All I can do” he replied. “Six times in the space of two moons I approached my teacher asking him to increase my pay, but without success. No man can ask more often than that.”

We could smile at his simplicity, yet it has one of the prerequisites for increasing its earnings. It has in its interior a strong desire to earn more, a desire suitable and recommendable.

Before performing any desire must exist. Desires must be strong and precise. Desires are generic as long nostalgia. Wish to become rich is of little interest to a man. Désirer five pieces of gold is a tangible desire for a man who can lead it to achieve it. After he realized his desire for 5 gold pieces, thanks to the strength of its objective to secure, it can then find ways to get like 10 gold coins and then 20, and later a thousand pieces and, ultimately, he became rich. By learning to make a small desire accurate, he learned to achieve a greater one. It is the process by which wealth is accumulated: first in small amounts, then larger as the man learns and increases its capacity.

Desires must be simple and precise. They keep their own implementation if there are too many, too confusing or too distant from the knowledge that man can do.

When a man is perfected in his craft, it increases its ability to make money. In the days when I was a humble scribe sculpting clay for a few pieces each day, I noted that other workers did more than me and earning more. I decided that nobody could do more than me. It does not take me long to discover the reason for their greater success. More interest in my work, more concentration on my job, more persistent in my efforts and, ultimately, few men could carve more tablets than me in one day. Quickly increased my competence was rewarded with no need for me to go see my teacher six times to ask for recognition.

The more we increase our wisdom, the more we can win. The man who seeks to learn more about his work will be richly rewarded. If an artisan, he must seek to learn the methods and tools for those who are more qualified in the same way. While working in law or medicine, it must consult and share knowledge with others in his profession. If it is a merchant, it must constantly seek to buy better products at lower prices.

That is why I urge strongly all men to be at the forefront of progress, not stagnate, or they will be left behind.

Many things can make life an interesting man, full of enriching experiences. A self-respecting man should do such things as:
- He must pay his debts with the maximum in its power, and not buy what he is unable to pay,
- It must take care of his family so they can think and speak well of him,
- He must make his will so that, when recalled by the gods, a correct and honorable division of his assets can be accomplished,
- It must have compassion for those injured and affected by misfortune and help within reason. It must implement actions to prevent their loved ones to his heart.

Thus, the seventh and last remedy against an empty wallet is to cultivate your own powers, to study and become wiser, to become more competent, and you respect yourself. You should gain the confidence you need to achieve the desires you have carefully studied. ”

How can you apply this seventh and final remedy?

If you are a faithful reader , you have probably noticed that I regularly on setting your financial goals. I have written many articles on the subject, you detailing my goals as an example. Yet I see many questions posed to me that most people first look for the best rate of return or the best financial product, without having previously defined their targets and precise. With dates, amounts, levels of acceptable risk, among others. Otherwise, you just want to get richer. It’s too vague to give you the motivation to do the required daily to learn how to become rich.

As explained by George S. Clason, it is better to win like 10 euros more this month. By digging their heads for ten euros more, you will discover ways to get more then twenty, and so forth. Wanting to become rich and read articles related moves do anything if you do not have a specific goal to achieve pushing you to action. What is the difference between a person who becomes rich and one that does not turn, it is not the start-up capital, not the people you know, is the motivation that you have to become you want to be the energy that drives you every day to learn to persevere despite your mistakes.

Once your goals defined, you can get your education on the subject of money for example. This is the main theme of the blog. The specific objectives, discipline, concentration, training, become rich, are also topics covered in detail in the book by Jim Rohn, “Strategies of prosperity.” The majority of recommended books on this blog, help you reach your financial goals. Why not participate in the challenge of book 6 of the Personal MBA books in french by the end of this summer?

Have you set your financial goals exactly? What is the training plan you have set this year to become better in your job and earn more?

Do you take into account the new list of short-term investments?

Where to put your cash in the short term, knowing that the rate of the Livret A fell on 1 February to 2.5%? It’s an idea for an article submitted by Dr_Alf in a recent comment on the article “How can we improve the blog PlusRiches.fr”. Let me explain, in a previous article, in what order the books focus. Since this article, as the rate of the Livret A amounted to 4% last summer, the order was presented not in question. The deal has changed and what support do you put your cash or your precautionary cash in early 2009?

cash cash yield short-term rates livret A PEL CELAvec rates charged in February 2009, the ranking of the best short-term investments for your cash or your background carefully, is now as follows:

1st: The Livret Jeune. If you are under 26 years, do not ask questions and take out a book Young. This is the book that pays better: between 3 and 3.5% net. You can only purchase one and you must be between 12 and 25 years. The maximum you can deposit it is 1 600 euros.

2nd: The Livret d’Epargne Populaire (L.E.P.). If you are not taxable or that you pay 754 euros less income tax, the Livret d’Epargne Populaire is the book most rewarding because you will receive 3% net. You can deposit up to EUR 7 700. You can purchase a two per taxpayer per taxable household.

3rd: The Livret A or livret bleu. Despite a rate of return increased to 2.5% net since 1 February 2009 instead of 4%, the Livret A, Livret Bleu also called Crédit Mutuel, the book is still the most profitable if you are not part of the two previous categories. You can put up to 15 300 euros. You can only purchase one per person, but even those minor can open one in their name. Do not waste your time to compare the characteristics of the Livret A in different banks, they are the same. The Livret A is regulated.

4th: The Book of Sustainable Development, former Codevi. The booklet Sustainable development is paid as the Livret A. The difference is that the maximum deposit amount is only 6 000. A more open, therefore when you have reached the limits of the Livret A. You can open one and two per taxpayer per taxable household.

5th: Super-bankbook. Super-Books offered by banks have more super than their name. Their rates of pay are gross now around 3% after the marketing rate (up to 8% gross) valid expired a few weeks. 3% gross, it offers a net rate lower than the book A. The super-books can be interesting if you put an amount for a few weeks in a secure way. You look as she is the best offer of the moment between ING Direct, Cortal Consors, Monabanq Bank and AXA, for example.

6th: Plan d’Epargne Logement (P.E.L.). If you open a P.E.L. today, you will enjoy a rate of 2.5% as the Livret A. Except that this is a gross rather than a net. You must pay social security contributions at a rate of 12.1% on interest earned. If you take out a mortgage through your PEL, the rate rose from 2.5% to 3.5%. The problem is that you keep this rate for the duration of your ELP while the rate of the Livret A is revised twice a year and may rise in coming years. You can not hold more than one P.E.L. and a minor can open a. The maximum amount that you can deposit is 61 200 euros.

7th: The Accommodation Savings Account (C.E.L.). The C.E.L. pays you 1.75% gross with contributions of 12.1% payable on the interest generated. If you take out a loan through your CEL, your rate of pay increases to 2.625%. The maximum you can deposit is 15 300 euros. One C.E.L. can per person and a minor may hold.

8th: The Account Terme (C.A.T.). The rates of term accounts have also fallen. The crude rate that you will find now is around 2% knowing you have maintenance fees account, social security contributions and income tax payable on the interest generated. Currently, the term account is no longer recommending the placement for your cash.

Overall ranking is the same as in my previous article posted almost 18 months ago. The updates in the rate of the Livret A reflects the financial markets. The banks in turn offer their books always with a tax gross-hither without details of the net allowing you to easily compare with the books défiscalisation. I give you the trick to make your calculations easily with social security contributions and tax rates, simply multiply by 0.699 the rate of gross pay to get your rate of return net. If you do not pay taxes, you earn a little more.

This ranking you seem clear enough? Where you put your cash and your cash precaution? Have you changed your bank to book a suite at the opening of the sale of this product to all networks? What strategy do you apply when the ceiling of your book the more rewarding is exceeded?