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New Turtle And Rabbit Race: The Truth Of Financial Management

2011/2/11 15:36:00 40

The Principle Of Financial Profit

The story begins with the tortoise and rabbit race we heard all the time.


Once upon a time, the tortoise and the hare were arguing about who was running fast, so they decided to take a game and decide the route and start off.

At the beginning, the rabbit was far ahead, hoping to sit down for a while and relax for a while.

I didn't expect it to fall asleep under the tree, and the tortoise, who was clumsy all the way, ran unremittingly and surpassed the rabbit quietly, becoming a real champion.

When the rabbit woke up, he found himself defeated.


The rabbit was unconvinced and decided to start second games on the mountain.

The rabbit did not dare to climb up the peak, but looked back at the turtle slowly climbing.

The rabbit started to go down. It never occurred to him to go down the mountain much harder than to go up the mountain. It hadn't made much progress. The tortoise had climbed to the top of the mountain and put the body in the shell. It quickly rolled to the end of the mountain and became a champion again.


The story is not over, and it's still going on.


The rabbit was still unconvinced and decided to start the race on a plain plain. I thought that this time I would not slack off, nor did I have a hillside to see if you could still beat me.

When the rabbit runs with confidence, a car rushing past, and the tortoise is sitting on the car.

The results can be imagined.


This adapted turtle and rabbit race tells us three things.


The first story tells us:

Conduct financial pactions

It's a marathon, not a 100 meter sprint. It requires unremitting persistence. Any burnout is easy to get rid of.


The second story tells us:

Simple interest

not as good as

at compound interest

。

The benefits of compound interest in financial management are very significant.


The third story shows that borrowing power in financial management is far more powerful than relying on one's own strength.


The three story is actually not a progressive relationship, but a parallel one. Any one that inspires us is very important.


Thinking carefully, can it bring some benefits to our new year's financial management?

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