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financial success

Financial Success as The World Billionaire. Some billionaires of the world, one of them succeed is Warren Buffett became the richest man in the world. The key to their success is simple lifestyle plus have the proper financial planning and mature. Here are tips for success in the financial.

Warren Buffett
Warren Buffett entered the ranks of the richest people in the world, renowned as a reliable investor, had plenty of company, and has assets of about 47 billion U.S. dollars. He began his success story since their teens. According to Buffett’s tips for financial success :
* Saving and investment. Since adolescence, he kept most of his income from a job as a newspaper deliveryman and profitable stock investments. The money that he got used to purchase the land. Because, he knows that giving investment income is more than just saving money.
* Not using credit cards. Buy what you need, not want. Debt and interest rates will strangle us and will not make us rich.

Carlos Slim Helu
In 2010, Forbes magazine as the richest man Carlos sets, beating Bill Gates and Warren Buffett. This is how Carlos went on to become a billionaire:
* Avoid branded goods. Choose similar items with similar functions that are more standardized than branded goods. That way, some money could be used for something that could generate more money, such as business or investment.
* Orientation in function. In principle, if the old stuff can still be used, why should buy a new one? Until now, Carlos chose occupy his old home than buying a mansion and expensive transportation.

Marshall Glickman
Profession as a financial consultant makes Glickman entered the ranks of successful people and a large income. He believes, success does not always start with a big capital. Here’s how to get rich:
* Choose investments that do not drain the wallet. Build a network with compiling a list of relationships and maintain good relations and develop creative ideas about business.
* Dare to get started. Believe in yourself if you deserve to succeed. If you want to run a business or investment, do it now!

Chuck Feeney, John Caudwell, David Cheriton
In 1960, Chuck Feeney founded Duty Free Shoppers Group, a tax-free shops for tourists, before most of the shares purchased by Louis Vuitton Moet Hennessy in 1996. Another with John Caudwell, a British businessman who uses his money to a business phone. Meanwhile, David Cheriton, Stanford University professor is invested in technology companies. Billionaire with a variety of backgrounds are starting a business and profit and gain success from her because of this simple lifestyle:
* Always walking. In addition to good health, walking also saves transportation costs, both public transport and private cars, to close the distance.
* Choosing public transport rather than private cars. Apparently, spending on cars could spend half of income we have. Not only fuel, but also to maintain.
* No need expensive clothing boutiques. Jeans and t-shirt is a favorite clothing Caudwell. According to him, buying expensive clothes is an easy way to waste money.
* Do not be arrogant. Cheriton believe that arrogant and ostentatious nature will lead us away from the people closest and forgot to upgrade skills because they feel the most intense.

Ingvar Kampard and Frederik Meijer
Have you ever heard of IKEA? This world-class furniture store is owned by Ingvar Kampard. Starting from the sale of lighters from the young to its neighbors, Kampard realize that the business more profitable. He began selling grocery items, ranging from Christmas tree decorations, pens, pencils, wallets, picture frames, up to ornamental fish. Just like Kampard, Meijer also started his business by running a grocery store his father since the age of 14. Until now, the store called Meijer evolved into hypermarkets known in America. This is how they get rich:
* Not tempted luxurious amenities. Both billionaires is far from the word prestige. When a plane or stay at the hotel, they prefer regular classes. Until now, Ingvar still using an old Volvo that he bought 15 years ago. Meijer while still using simple car that no longer function.
* Sharing. Both also believe, shared with the charity will not make anyone fall into poverty.

Towards a Prosperous

Prosperous life into the ideals of many people, but may be only a few people who actually plan it. Since the age of 20, every individual has actually been able to start financial planning to prosper. Here’s what you should do with the income earned since the age of 20:

* Saving 50-10 percent of revenues.
* Have an emergency fund of at least six times the monthly fee.
* Make long-term investment, buying a house for example.
* Open a savings to fund retirement.
* Protect yourself by having adequate insurance like health insurance, education, soul, and so on.

Before selecting investments for long-term financial plan, one important thing to do is setting up a savings and emergency funds. Besides saving money, emergency funds into the primary needs before planning other needs. Investments do not always think before you have an emergency fund. After that, you can start an investment plan with a wide range of financial products, or other investments such as gold bullion, property, business, and others.

For savings, direct savings fund separate from the monthly salary, rather than put it aside after the first monthly spending needs. As for an emergency fund, emergency fund depends on the amount of income sources, lifestyle, and age. The best way to determine an emergency fund to calculate your monthly expenses, including insurance premiums and possible emergencies that may occur, then multiply by three. The minimum amount that you prepared.