Monday, September 10, 2012

Saving Lessons from the richest man in China

Despite being the richest man in China, and the number 23 richest globally, Zong Qinghou is a man who is very efficient in using the money.

According to Bloomberg News, Zong, Wahaha soft drink company founder 66-year-old, only use the $ 20 per day (or $ 190 thousand) even though he has a net worth of $ 21.6 billion (or Rp 206.1 trillion). As revealed by the BBC's Nick Rosen summer, Zong monks have such devotion to his duties. One employee recalled how Wahaha Zong scrutinize each office expenses, including purchases made ​​brooms.

Zong career began in the school canteen keeper to become king of soft drinks in the past 20 years, so it is natural wealth does not make him delirious. Like most other rich people who earn $ 100 thousand (or $ 954 million) and quoted by PNC Financial Services, the recession has no effect on their retirement plan goals.

In addition to being a disciplined savers like Zong, like many other PNC survey respondents, 46% said they are working hard to reduce the debt, 33% changed their shopping habits, and 23% to pay the debt. In addition, they also plan to continue working on their golden age, and three-quarters said it would continue to work, even a little, after retirement.

You do not need to save as Zong, even so it is important to look at the habits of what makes this man so rich. He worked hard, follow their interests, and live far below their income. Even now he does not change his lifestyle despite the rich. Simply put, he's thinking like a rich person, and it brings a lot of money for him.

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