"Establish the 70/30 rule on the first money you make.
At the end of the month, when you pay the taxes you have to pay, learn to spend 70 percent of the money left over. 70% of the time, use it where it's essential to you and use three. How to allocate 30 percent has become important.
1) Making an investment
10 percent more than the next, create a way to get rich. Invest. What will be sold or what can be produced? What to buy and use to resell. It's a part-time job, but it's the main way of doing business. If so, how do you create wealth? There are many ways. Especially your hobby, Combine skills and find out. Turn the business you're passionate about and really good at into a profitable business for yourself.
2) Collect.
Collect the last 10 percent. If we were to explain the meaning of the poor and the rich, the poor are those who spend all their money and hoard the rest. The rich are the ones who save and use the rest.
3) Giving to the organization
Donate 10 percent of the 30 percent to social organizations. Donating to other people means donating to get good results for yourself. It's okay to give a hundred thousand to someone who has a million, but you only have a small amount of money and it's hard to throw it away. That's why when you have a lot of money, donate it to get a good habit of giving it away.
12 years ago there were two people. Both men collect a thousand a month. After two years, one spends the money and saves the rest. Another collects first and then uses the rest. Today, as you know, one is poor and one is rich.
That's why in order to be rich, giving, Investing and saving are key. days months, As the years went by, the results were noticeably different. That's why the amount of money earned is the same, but when the philosophy used is different, it becomes different.
Translated from https://www.success.com/rohn-3-money-habits-that-separate-the-rich-from-the-poor/.