Things you should know about money before 40

earn money from home

Whether you want it or not, money and decisions about issues related to money, will accompany you throughout your life. Almost everyone will face the same decisions at some point in their financial life cycle. You should be very clear if you want, money is not a problem. That prevents you from being happy for the rest of your life. I wish someone had told me the things that I will tell you next, when I was younger. If you are over 40, do not worry, you can still do something.

earn money from home

  1. Start saving as soon as possible: Many people live a day. Money enters money that spends. Therefore, they condemn themselves for life, dreaming of a stroke of luck that will change their destiny. It does not matter what you win. You can always save some money. That small capital that you can collect from your first salary can be the key to your freedom in the not too distant future. These small savings over time, coupled with good profitability, can be the basis for retirement at 50 or live without economic worries the rest of your life.

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Scientific reasons why some people are more successful than others

global economy

From FP we have listed a set of actions that can guide you to be like millionaire people. Business founders or celebrities due to their personal traits, become the benchmark of humanity. We do not necessarily refer to all the money that someone can accumulate. For example, the Dalai Lama can be a model of success of these generations of young people. Whose search is oriented to mental fullness to achieve the best state of being? Others may admire an explorer. A scientist like Neil Tyson has his own television programs and series to explain complex theories of the universe to ordinary citizens.

global economy

Others do look at the material and seek to look like the Hollywood stars, the millionaires of Wall Street or the founders of Facebook or Google. The truth is that working to achieve success brings a high dose of effort. For example, Warren Buffet reads more than 100 pages every day. Bill Gates is dedicated to philanthropy; Richard Branson is passionate about high-risk sports. Therefore, we can list a list of habits of these people going through Oprah Winfrey, Michelle Obama or Serena Williams.

For this reason, we have said on this site what millionaires do on a Friday afternoon. For example is to thank each one for the well-done work of the week. Or that successful people look for beings as successful as themselves, because they say for something that ‘silver calls silver’. In addition, with the entire scientific rigor, we have tried to discover why some human beings are more prone to success, while others do not. In addition, on this subject, John Rampton, of Entrepreneur VIP made a recount of the scientific studies of neuroscience can explain this fact. Here we make a recount of the most recent facts:

Motivation: find it in the head

The motivation must found in the brain, in an area known as the nucleus accumbes, according to academic research. It is in this small section that neurotransmitters send chemical messages to the rest of the body. These neurotransmitters help us to be alert, focused and in that part of the brain that influences things like completing a project or going to the gym.

In motivation, one of the most important neurotransmitters called dopamine. This chemical signal passes information from one neuron to the other. When dopamine arises in a first neuron and it released. It floats between the empty space (the synapse) between the first and second neurons. In addition, while it moves between neurons, it hits several receptors.

That is essentially half the brain to the cerebral cortex. Without becoming very specialized, this process seems to be the brain’s most rewarding path. During the trip, one of the stops for dopamine is the nucleus acumens. When there is a surplus of dopamine, in this space the feedback detonated to predict the rewards.

The dark side of economic growth environmental problems

The dark side of economic growth

All countries want to grow, the more the better. Economic growth is a desirable goal for all of society. It is one of the fundamental elements to achieve economic development. However, the continued search for economic growth does not always have positive effects on society as a whole. Pollution, overexploitation, and even depletion of natural resources are some of the drawbacks. That economic growth can cause. As is logical, this has a negative impact on the quality of life of citizens.

The dark side of economic growth

The causes behind environmental problems

The environmental problems derived from sustained economic growth over time are several. Currently, a large part of these is mainly due to four factors. The models of consumption and industrial production that used both in the most developed countries. In the developing countries, economic growth prevails over the environmental consequences of it. The demand for food and goods has increased, which has generated a depletion of resources. Continue reading “The dark side of economic growth environmental problems”

Remember This Tips before investing in bitcoin

investing in bitcoin

After having a stable job and getting a good savings. The best option is to work the money to get more income for the future and thus have a better quality of life. The options for investing are many. It is necessary to well advice this in order to be aware of how risky is the investment. How it works, how much profitability it can have. The external factors make you do well or badly. It extents you can put your money in order not to fail or end up bankrupt.

investing in bitcoin

Better said, you must be clear about what you are getting into responsibility for the risk you are going to acquire. So if you are going to get into a business that promises great returns in a short time. You’d better think twice because you can be without money to enter a pyramid. The good news is that according to a survey conducted by Black Rock to about 4,000 people. 26% of respondents have considered investing at some point. In addition, 64% say they would be more confident in moving their money in cash to an investment if they gave it an endorsement that will have a guaranteed capital. Continue reading “Remember This Tips before investing in bitcoin”

Increase the cost of auto insurance

auto insurance

However, the cost of the policy has more to do with the driver’s profile and not with the type of vehicle since 93% of the incidents has to do with the human factor. Some of the factors that insurers take into account when calculating the price of insurance:

auto insurance

The better the driving record the lower the policy. Generally, a driver with traffic violations or recurring accidents with the vehicle pays a higher premium than another with a free history of these does does. Usually, due to higher odds of vandalism, theft and accidents, urban areas tend to be more expensive for auto insurance than smaller cities, towns and rural areas. Continue reading “Increase the cost of auto insurance”

Mistreat the ATM before you withdraw money

Mistreat the ATM

Imagine that you are happily getting money out of an ATM. You play your card cheerfully enter your PIN cheerfully and enter the amount to withdraw from the cashier. Maybe everything is going well and after finishing the operation you take your card and your money without more. Or a cybercrime may have stolen your data.

Mistreat the ATM

That is what some photos show a security expert who talks about an example of a skimmer , a false hole for credit and debit cards that is responsible for recording all the information, and that works alongside small cameras that They record our PIN as we enter them. Pull a little of the skimmer to see if it is real and of course plug the introduction of the secret code. Continue reading “Mistreat the ATM before you withdraw money”

Violence will have access to financial services

financial services

Thanks to the alliance, the inhabitants of 233 municipalities affected by the conflict will be able to access better rural financial services adjusted to the specific characteristics required by Colombian farmers and peasants. This program is part of the portfolio of rural financial services launched by the United States Embassy in the first half of 2016 and seeks to stimulate economic growth and stabilization in territories that have been affected by the armed conflict.

financial services

Through this initiative, the government of the United States promotes the expansion of the financial services of private banks to rural municipalities that are difficult to access. At the same time, they strengthen the capacity of banks to provide loans to micro, small and medium entrepreneurs. Continue reading “Violence will have access to financial services”

What to do if you have problems paying your credit?

paying your credit

Having a home of your own is the dream of many however it is not easy to get one. There are enough options including loans with banks. One of the most resorted in the country. What happens when the economic situation becomes unpromising?

paying your credit

What happens if we are fired from work, if our income decreases or if a disability arises and you have a credit? With the collaboration of the National Employment Service of the Ministry of Labor provides you with the job portal where you can find many opportunities such as: Continue reading “What to do if you have problems paying your credit?”

How to save money in a cost-effective way

save money

One of the most repeated questions when they know you are a financial advisor is what must be done to make our savings profitable? How can I create a heritage? One of the most effective systems for this is the PAC, the Savings Accumulation Plan that consists of making monthly contributions over time, experts indicate that at least 5 years. Thus, capital accumulates gradually, without the need to watch the evolution of markets and exchanges. The capital accumulation plan, guarantees a high profitability in the long term.

save money

Explain it as follows:

Savings plan the fundamental idea of ​​this savings plan is that investors are not able to continuously predict how the markets will evolve, so it is best to be constant and invest a quantity continuously over time. The more time we have, the more options to get higher returns, so the sooner we start with a more capital saving plan we can accumulate, the progression is exponential. Reason is hidden in compound interest ie interest generated on interest. You can see an example of how it influences the time factor in savings in this comparison of two savers the greatest advantage of youth time. Continue reading “How to save money in a cost-effective way”