When it comes to our personal finances, there is always something to worry about. In addition to the stock market, which is predictably unstable and shaky, people are losing their money in investments that are considered much safer. For example, remember real estate, which, after the introduction of mortgages at a preferential rate, began to grow at a rapid pace, but for a year now this growth has confidently turned into a “minus” and the impossibility of selling your apartment without a significant discount. Alas, money does not bring us only joy, but also problems. Therefore, in order to minimize the likelihood of financial problems, it is worth adhering to the following principles: 1) Many things are beyond our control. That is why it is extremely important for us to control what is in our sphere of influence. The latest, still “hot”, An example of the perniciousness of ignoring this principle is the collapse of the American bank SVB from Silicon Valley. It seems that startupers are smart people (namely, they were the main clients of this ill-fated bank), but even they “forgot” the fact that bank deposits are insured against non-return (and bank bankruptcy) only up to a certain amount. In Russia, this “cut-off threshold” is 1.4 million rubles, in the States it is equal to 250 thousand dollars. So, almost all deposits placed in the “burst” bank SVB exceeded the protected maximum. The consequences were not long in coming - the risk was realized, the bank “burst.” What to do: Check the availability and sufficiency of your “financial cushion” in case of troubles and force majeure. Also make sure that you do not keep an amount exceeding 1.4 million in one bank. 2) Complacency is punishable When we chase the “long ruble,” we strive to invest money in the most profitable asset, which is sharply rising in price right now, literally before our eyes. MMM, crypt, gold, state bonds, square meters... - this list is constantly expanding, new tempting instruments appear and people, enchanted, bring their money there. For the vast majority of them, the result will be predictably sad. What to do: Diversify your savings and investments as widely as possible. Distribute them in a balanced manner across different currencies and assets of different classes. Which will allow us to “lay out straws” in case of the next crisis. 3) Sellers of financial instruments are much better versed in marketing and advertising than in the investments themselves, which is why people are so often caught on their “hook” with the tasty bait of high interest rates, 100% - no capital protection, etc. words that caress our ears. What to do: Always remember two things. Firstly, “free cheese is only in a mousetrap.” Secondly, Pinocchio is not a fiction or a fairy-tale character. He lives among us, he is childishly naive and excessively trusting. Therefore, make sure that you are not from the “Pinocchio” family.Additionally: You can sign up for my personal online consultation hereRead my other article “Where NOT to invest money? TOP 3 most dangerous places for your money." I will be grateful for your likes and reposts of this article. Author of the article - Alexander Evstegneev, personal finance expert, author of 20 books on financial literacy, investor with 25 years of experience, laureate of the Russian Ministry of Finance Prize for the best media project on financial literacy