rote Würfel vor einem dunklen Casino zurück
Everyone wants to get rich quick. Texas Hold ‘Em, any two cards to win a big pot. The key to good poker player is to choose the right hand. Of course, there may be a house full of wonders to fall, if you have a hand like 2-7 offsuit, but over time, lose the hand (hands and other junk) money if you continue to play .
In personal finance, patience is a virtue. If you buy your first home, do not pay to see the price in the first house, because I think this is a good choice. Do not buy that new laptop you see in the store without wondering if you really need it, please read the online reviews and price comparisons.
Saving a dollar is a dollar earned
Suppose you have KK and make a big raise pre-flop. 2 other people and a call appears to be a flop. You make a continuation bet of good size, but then raised all-in for the next player. It is almost certain that at least one of the two players, plus it has an Ace and you should fold to save a little money. You see a pair of kings (ooh, pretty) and decided to call. Of course, you lose an extra $ 30. In one of the side this day, you find $ 20, but if you just doubled their kings, it would be up to $ 50.
The same concept applies when you shop. The search for the best deals and coupons and cash back sites have the same effect because they earn more money in order to make a purchase.
Do not go on tilt
It happens to everyone at poker. You are a big favorite in a big pot against a player with one card (the river) to come. One card that you will lose. In fact, the card is delivered. For many players, leading to anger, frustration and second-guessing. This then plays with emotion revenge on his mind, or believe they are “due” to win the next hand. They are thin and probably lose more money now.
Personal finance can sometimes something makes you turn the anger and begin to behave irrationally. For example, how do you react when your car will not start for the second time this week and allows you flexibility away from home? It would be logical to do to get it checked and corrected. The irrational decide that you have had with the car and go to the dealer to buy a new car.
In poker, you want to have enough money in your account to a level where a bad day does not let you play began. The generally accepted rule is at least 20 buy-ins for the level you play: have (eg Fund $ 1,000 for the purchase of $ 50 tables). The intention is to reduce the risk and allow you to survive the recession inevitable. Even the best players lose money over a short period (variance). But playing due to good bankroll management can, through the hard times and make a lot of money in the long term.
Find out how much house you can afford is an example of bankroll management. Some won $ 4000 / month should not be a mortgage of $ 3,000 / month to take effect. Sure, you can do a few months, but in an emergency (crisis), which prevents them from losing everything?
This is a Grind
Many players play poker for a living. As the table or play online poker for 8 hours per day, it is a routine. At some point, it ceases to be fun, but they do, because they have to pay money to pay the bills. Unless you make millions at the World Series of Poker, poker still day, one day.
A normal working day as well. We work every day knowing that they have become millionaires overnight, so do the best job possible. We, like all other loops. The ability to balance work, makes friends and beautiful family routine.
Learn from your mistakes
Making mistakes is part of life. Learn from them, you will be successful. I was big mistake in poker, if you know your opponent has a better hand than you’re likely to get more money in the pot, because your hand is better to create. A good poker player learn and begin to trust your instincts and save the last.
When you start to collect debts at a young age, do not care. Later, when you lose your job, raise a family and have no emergency fund, you must know how the situation would have been much easier. To have the best chance to succeed financially, learn from his mistakes rather than repeating over and over again to play a very important role.