Japanese financial planner Tadashi Fujikawa recently published an article, sharing his experience about the difference between rich people and average people in the use of money.
Having had the opportunity to interact with 30,000 households, he found that families with savings assets of more than 100 million yen have 5 common characteristics as follows:
1. There is very little furniture in the house
Fujikawa mentions in the article that the wealthy keep everything in their homes very organized, leaving only what is needed. Less furniture in the house also helps you to clean easily, keeping the living environment clean.
In contrast, the houses of ordinary families are very messy, the messy scene starts from the shoe cabinet to the inside. Often some items occupy an area without practical use in the homes of this group of people.
In addition, most of the rich people decorate their houses with ornamental plants and take care of them. Unattended bonsai even died, mostly in families who did not save money.
Planting trees is a personal preference of each person, but when you have bought bonsai but do not take good care of it, it means you have wasted your money.
2. Rich people’s fridges don’t pile up with food
The rich know how to manage the family budget, most clearly in the refrigerator.
The refrigerator of the rich does not have too much food, food, and drink, and objects only take up about half of the area of the cooler. You can always see the items in the background, no food is forgotten because it is obscured.
The rich are also not greedy to buy a lot of discounted food, because if they don’t eat all of it, it will be a waste.
On the contrary, the freezer compartment is very neatly arranged and full of space. That way both saves time going to the market, and the optimal use of the freezer is also an energy-saving plan.
3. Rich people know what they want
Fujikawa points out that the main reason for the difference between the rich and the average is that the poor don’t understand what they want themselves.
For example, when shopping, many people will buy products because they are on sale or have attractive designs, the reason to buy is not that they need it.
Rich people always carefully consider whether they need the item before buying.
When you talk to someone who knows how to manage money, you immediately find that they are very clear about what they need to spend their money on. For example, they will firmly state this: “My family spends money on the education of our children”.
4. Rich people’s wallets are very organized
The rich man’s wallet is very organized, the bills are arranged in each category and the same direction. Fujikawa explains that a well-organized wallet will help you see how much money you have and how much you’ve spent.
Conversely, those who have difficulty saving will leave change and receipts cluttered in their wallets after shopping, and then don’t care about them anymore. Credit cards and loyalty cards are everywhere in their wallets, to the point where they can’t even remember what’s in them.
It will be easier to save money if you set rules for the number of cards in your wallets, such as a maximum of 1 credit card and a maximum of 3 loyalty cards. To manage money well, the first step is to organize and arrange your wallet scientifically and neatly!
5. Rich people value toilet cleaning
A 2018 survey report by the Japanese Mediplus Research Institute has shown that there is a certain relationship between toilet cleaning and household income.
Accordingly, the group of families with income from 8 million yen/year tends to clean the toilet after each use or clean the toilet every day higher than the low-income group. There seems to be a certain connection between “cleanliness” and “monetization”.
Fujikawa says this little habit may not seem like it has much to do with money, but it shows a person’s ability to plan. Rich people are characterized by their emphasis on neatness and efficiency, perhaps this is the secret of their ability to accumulate wealth.