The Secrets of the Rich: 6 Steps on How you can Achieve Financial Freedom. 1. Increase the size of your Psychological Wallet (You should start with achievable amount, mine is Php500,000.00 then Php750,000.00 then Php1,000.000,00 then Php10,000,000.00 then Php50,000,000.00, be patient and work on it!). Note the EMPLOYEES has a Psychological Wallet range from Php6,000-Php25,000.00-they end-up poor when they retire! 2. Get to Zero Bad Debt: Pay your debts gradually, talk to your creditors that youre willing to pay in due-time. Do not ignore them, even if they are talking negative about you, that is natural for people who didnt understand, Just be honest with what you promise to them. 3. Apply the save first, spend later Principle: Once you receive your salary, SAVE FIRST (10%) before you spend, mind-set yourself that it’s gone. Create a separate Savings Account. Do not spend on unnecessary things (Ang tunay na mayaman, nagtititpid, pero ang mahirap, bumubili ng kung ano-ano para lang mag mukhang mayaman, in the end…wala naman palang pera . 4. Create an emergency Fund & Retirement Fund: Save another of your income, do not put this in a SAVINGS or Bank, instead put it in a Mutual Fund of your choice that gives 4%-12% interest, ask the expert about it. 5. Get protection: Life is uncertain, so get an Insurance, para nanam kung sakaling mawala ka eh hindi ka problema ng family mo. Philhealth is also an option. 6.Create Multiple Stream of Income: Go out there and sell what-ever you can. Do not mind those people saying that you’re junkie, or you’re master of none. Remember that rich people are doing many businesses. It’s a matter of time management, there is different market out there! Looking for business? E-Loading: businessnapatok.webs Health and Beauty: startyourbusinessasap.weebly
Posted on: Fri, 09 Jan 2015 08:21:24 +0000
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