I have been following Mert Başaran closely lately. He shares crucial anecdotes about caring about small amounts of money. We will develop different approaches by caring about small amounts of money, and I would like to base Mert Başaran’s approach on mathematical foundations.
As we all know, consumer culture or excessive consumption mathematically increases our cost in the revenue-cost = income formula. When we increase costs, our income starts to decrease in direct proportion.
Exponential number approach
The correlation approach in mathematics is one of the most essential approaches in determining the profit-loss ratio. A person with good mathematics should take risks because neither the house nor the life or car we own are crucial. Although equipment, a capital protection tool, protects the value of our money against inflation, the concept of safe harbor determines the risks we can take with mathematical approaches. While a person with a meager income has the opportunity to increase his money with fixed income and savings thanks to high mathematics and logical risk appetite, it is essential to do this systematically.
Mathematics is life.
I recently bought a math book to analyze my risk and live my life more analytically. Three years ago, I calculated that I would lose 3 kilos per month and 18 kilos in 6 months by losing 100 grams per day to lose weight. Small steps in my life brought great success. Money is like that. It should be allowed to breed. Middle-income families in rich countries integrate the savings approach into their children and themselves and minimize the – measure in the cost section. Since my income is not increasing, my capacity is this much, will reduce the cost. Earning money takes energy; the energy spent is limited since a person has 24 hours, so if we lose a little, we can gain a lot. The correlative approach helps people who fall to their feet. Only the person who wins and who feels like a king is doomed to lose sooner or later. There is no king in investment; there is a rule.
For this reason, I recommend you to read Mert Başaran’s book based on my own experiences.
