Upward Potential: How We Create Wealth

Author: Mo Jie
Publisher:
Publish Date: 2005-04-01
Features: Wealth is what everyone wants to possess, wealth is what everyone yearns for, yet wealth only belongs to those who are prepared. We hope for our wealth to rise straight up, even infinitely. But in reality, is there an end to the upward potential of wealth? For the same 100 yuan, why do we adopt different spending approaches when it comes from our parents versus when we earn it hard? Why do we treat them with entirely different attitudes simply because of their sources? What exactly makes the money in our pockets always decrease, and our net worth shrink day by day? Take a moment to reflect on our beliefs about money, our financial logic, as well as our investment concepts and methods—where exactly is the problem? When you follow this book into the common psychological pitfalls people encounter in financial management and then gradually work your way out, you will suddenly realize, "Ah! So that's how it is!" Then, even more excitingly, you will discover that, in fact, your wealth still has its—upward potential.
This book takes a fresh psychological perspective to reveal the most common issues people face in financial management and investment. Using storytelling, it makes complex and difficult modern investment and financial concepts easy and enjoyable, introducing them to readers in a simple and accessible way, making them easier to accept, understand, and apply in real life. The author aims to help readers, through reading this book, establish a scientific savings mindset, consumption mindset, and a series of modern economic concepts. It assists everyone in handling the most complex and important aspect of life: personal finance, enabling everyone to become adept at budgeting and saving in daily life.