How to read and manage every penny effectively-increase your wealth with accounting thinking is co-authored by Takasuke Yamayama and Masaya Yamada.
If you have read The Art of Finishing, you must know Takasuke Yamayama. He is not only an expert in sorting, but also has unique views on accounting. Another Yamada Zheng also graduated from university and worked in a favorite company. However, because I didn't know much about accounting, I noticed a sharp decline in the company's performance shortly after I joined the company and decided to resign three months later. In fact, this happened because the company was undergoing personnel adjustment at that time. After this incident, Yamada realized the importance of accounting, so he published this book.
The idea or practice that runs through the article: The Hacker Family Financial Encyclopedia always involves the accounting thinking mode, which is also a big pattern.
I wonder if you usually have the habit of keeping accounts. In fact, I have been keeping accounts since I was in college. I just remembered the daily expenses mechanically, but I didn't carefully analyze what should be adjusted. Now I also insist on keeping accounts every day, but I have begun to find problems and make adjustments every month. After reading How to Manage Every Penny Effectively, I also think that the hacker family finance book is a good way.
Friends who have the habit of keeping accounts know that they keep detailed accounts every day, and sometimes they forget that they may not be as good as the general ledger. They will rack their brains to think about where their money has gone, which is quite uncomfortable. If you try the method of family financial management, there are two benefits for everyone.
1, which can greatly reduce the bookkeeping time and only need to record a large piece of content;
2, can improve the effect, watching your money increase, the mood is definitely getting better and better.
There are several ways to master your current assets:
First, the cash balance method-piggy bank effect
This method only needs to record the asset balance of the day. Because the book takes Japan and Japanese yen as examples, we can switch according to the situation of RMB, which is also applicable. Of course, at present, our money may be scattered everywhere, and we may not know exactly how much money we have. Then the next thing needs to be done before you use the cash balance method.
Check the balance of your bank card, meal card, bus card and other investment channels such as a treasure. It is clearly visible in excel tables. Then there is the content that needs actual operation:
1, only take cash once a month (roughly calculate the required expenses);
2, spending a fixed bank card (shopping, eating, etc.). );
3. Save the single card.
In this way, according to the consumption records every month, you can clearly know where your money has been spent. This is also the prepaid budget management technology mentioned in this book. Just try it for a month, and you will have a clear understanding of the monthly expenses and a budget in mind. The monthly balance can be transferred to the savings card. I believe there will be a lot of money in your card in the near future.
Second, ignore the "paper money rule" of change.
There are many big coins in Japanese yen, and there are many small coins or some small change in RMB. In family financial management, you can temporarily ignore scattered coins, bring your own piggy bank, and put your coins in the piggy bank every day. Some odds and ends are not enough to affect the overall situation, but they may sometimes worry about these details.
I don't know if everyone is so confused. Coins are difficult to carry, and they are quite heavy and loose. I am very troubled, so every day when I go home, I will put all the change for buying food into the piggy bank, so I don't have to put this part in your account book at ordinary times, but it hasn't disappeared, and it is still in your own hands.
"piggy bank effect" brought by balance management. The law of balance mentioned above can make you really feel that your money is getting more and more. Usually, the rule of our bookkeeping is that we spend more money every day, while our own money is decreasing. Changing the method now will make us happy to keep accounts, increase the enthusiasm of keeping accounts and let us know where the money has gone.
The book How to Manage Every Penny Effectively involves a lot of accounting-related knowledge. If you want to study accounting or are already in the accounting industry, I really recommend you to read this book. Usually, you really need to master some accounting-related knowledge and then practice it in practice.
First, the real estate-related financial management content
This book is about buying a house or renting a house. I have always been determined to own my own house. Although domestic housing prices have been rising, it is better to buy your own house with a loan than to pay high rent all the time, and it is always unstable without moving regularly.
The theory in the book is to consider depreciation before deciding to buy a house. Real estate in Japan is to buy land first and then build a house. Of course, it can also be said that the finished house can be bought directly. However, other properties except high-rise apartments, including land, are owned by property buyers, which involves a lot of content. All the authors think that renting a house is more cost-effective.
In China, real estate is another matter, but I don't know much about real estate, so I won't analyze it. Interested friends can also look for this book.
Second, reduce "invisible liabilities"
The content of this section is similar to "breaking up", that is to say, some things that are not usually used, such as furniture, books, clothes, etc. What is not used at ordinary times but not willing to throw away has always occupied space. In fact, this also affects the mood. You can take a break every once in a while and clean up unnecessary things. Some books can be scanned into PDF versions and saved. Unwanted clothes can be donated to poor areas in need and so on.
First, the money saved is the money saved.
1, people are particularly easily confused by percentages.
Do not believe you choose from the following:
1) 1000 yuan 0. 1 discount.
2)/kloc-50% off 0/00 yuan.
Many people will naturally choose the second one, because it looks like a big discount. In fact, from an absolute point of view, it is definitely more cost-effective, so many times we should not be confused by the surface of things, but depends on the final absolute quantity.
Second, the trap in daily life: "a cup of latte money"
I wonder if you have the habit of buying a latte at Starbucks before going to work every day. Think about it. How much does it cost to drink a latte a day? We often waste money inadvertently. If a habit is formed, it will gradually become an unconscious behavior, and the money spent will not feel anything.
This kind of casual money is called "the money for a latte" in Automatic Millionaire. David Bach pointed out in his book that if you want to be a millionaire, instead of racking your brains to figure out how to make a lot of money, you should save "the money for buying lattes" every day.
Third, be careful to fall into the trap of "non-daily life"
Some people may want to ask: what is non-daily life? For example: traveling abroad, watching concerts, etc.
When we were in China, we usually scrimped and saved, but when we went abroad, we forgot our life in China and continued to buy things at buy buy as if they didn't cost a penny. When I arrive at a tourist attraction, I want to leave some good memories. Under the influence of this emotion, I will unconsciously feel the heartache of spending money.
Then go to a concert, idolize, etc. Things that are not usually used will also be bought at high prices during the concert, such as T-shirts, souvenirs, picture books, peripheral products and so on.
If you don't want to fall into the trap, you need to be vigilant at all times and treat the internal and external alike. Of course, you can buy some souvenirs or things with higher cost performance than domestic ones, but you should also pay attention to the monetary unit!
First, the slimming method of saving shopping receipts and family financial records
So how do we record it? Shopping receipt, of course. Usually we go shopping in supermarkets, shopping in shopping malls and so on. We will get the shopping receipt. Did you just throw them away? In fact, these receipts can be kept intact, and the consumption of these receipts will make you raise your awareness of saving.
The receipt can be put in a visible bottle or a transparent folder, so that you will remind yourself to save money this month whenever you see it, and you have spent a lot.
Second, money should be based on yourself.
Money should be dominated by yourself, which is the watershed for you to become a rich man. It is the "quarterly automatic transfer method". But it should also be based on your current income level, such as salary. You can turn as little as possible at first. If your income is higher, you can increase the proportion.
First, there is no investment with low risk and high return.
If you want to get high returns, you must take great risks. This is a major principle of investment. Even if there is such a "good" investment project, you may not have access to it. Therefore, we must first become rich in order to enter this circle and get access to such information.
The second is the principle of "priority repayment"
This principle should be defined according to the actual situation. Of course, if you have a mortgage, if conditions permit, you can calculate whether it is beneficial to repay part of the loan in advance.
Third, investment should not be dispersed, and assets should be dispersed.
Buffett's approach is to carefully put all the eggs in the same basket and store them for a long time. But we haven't used such a deep channel yet, so we must manage our assets well, have a reasonable asset allocation, and constantly adjust according to market conditions.
Fourth, long-term compound interest investment, so that time can help you make money.
Have you ever heard of compound interest, the eighth wonder of the world? Compound interest investment, even if the interest rate is low, will bring you huge returns as long as it is operated for many years. Of course, you must choose your familiar industry and buy and sell according to market conditions.
After reading the book How to Manage Every Penny Effectively, I have a better understanding of accounting and a thorough understanding of family finance and investment. Accounting thinking mode pays attention to the overall situation and must be practiced. Whether in daily life or at work, we really need each of us to know some accounting thinking, which can improve our pattern.