After I have read Francisco Colayco's "Make your Money Work for you" Pera Palaguin and Robert Kiyosaki's "Rich Dad, Poor Dad", one thing really bothered me on how could I buy Assets.... As we know, assets comes at High cost. Now my first strategy by then is to spend less and save more. My goal in Saving is to acquire an asset, I started looking for low cost investments. I started searching for Mutual funds in the Philippines. I found a list but I can't find a way how to start investing in those Mutual Fund Companies. I want to learn more regarding this, I contacted the companies for me to know on which Category I should invest on how things are going. FAMI told their not giving free awareness seminar, but sent me a SuitabilityTest and they would determine which fund should I invest, I want to determine it on my own. Until one time a colleage told me that she has an investment on FAMI and PhilEquity. I was amazed. I dreamed on investing in those companies. She invited me to attend free seminars in IMG so I would learn more than I had, I come with her with no hesitation but many advance questions. Then that was the time I begin to build a bigger dream. I really want to become successful in my run to become financially independent.With IMG I learned,earn and save. Neccessary things and strategies would be revealed to you to have a better perspective in life.Now i can see that I am not just dreaming, I am aiming.
Check my previous post located on the right side of this page to get a hint on things that I learned.
This is just a preliminary sharing of knowledge that I learned in IMG. Paying time to attend the Series of Seminars would be worth it. A good Start.
First Step Increase Cash Flow
In my previous post (Financial Strategy) the First step to Financial Independence is to Increase cash flow.
There are two ways to Increase cash flow.
Now How could you earn more. There are too many ways to earn more than what we used to.
It is logical for an employee's mindset that in order to earn more,they should spend more time working.
This thing steals your time which should be spent with your love ones,your family.
In my opinion,try to look for opportunities outside your job, I offered one, IMG. I still have 2 other oportunities with me. I recommend this company for it's advocacy to educate every family to be happy by
sharing the neccessary financial knowledge which are not thought in school.They offer a more comprehensive seminars for free.
For a businessman, in order to earn more.extending store's open hours, increasing the services offered.All in all it's an overall extension.
Is it logical that in order to earn more,you have to sacrifice relationships? Of course not isn't it.
There's a lot of Multi-level Marketing existing today. They offer great compensations and opportunity.You just have to choose where to excel. It's an Investment anyway. Try reading my PASSIVE INCOME & Multiple Income to Increase Cash Flow posts.
Next in Spending Less. In my pevious post(Elimininate Unneccesary Expenses,Small Beginnings ...) I showed a table of things that we could remove out of our expenses and how much it cost us. If we would only knew that where spending more liabities or uneccessary things.
We Should only be spending money for Neccessities and Assets.
There are two ways to Increase cash flow.
Earn More
Spend LessNow How could you earn more. There are too many ways to earn more than what we used to.
It is logical for an employee's mindset that in order to earn more,they should spend more time working.
This thing steals your time which should be spent with your love ones,your family.
In my opinion,try to look for opportunities outside your job, I offered one, IMG. I still have 2 other oportunities with me. I recommend this company for it's advocacy to educate every family to be happy by
sharing the neccessary financial knowledge which are not thought in school.They offer a more comprehensive seminars for free.
For a businessman, in order to earn more.extending store's open hours, increasing the services offered.All in all it's an overall extension.
Is it logical that in order to earn more,you have to sacrifice relationships? Of course not isn't it.
There's a lot of Multi-level Marketing existing today. They offer great compensations and opportunity.You just have to choose where to excel. It's an Investment anyway. Try reading my PASSIVE INCOME & Multiple Income to Increase Cash Flow posts.
Next in Spending Less. In my pevious post(Elimininate Unneccesary Expenses,Small Beginnings ...) I showed a table of things that we could remove out of our expenses and how much it cost us. If we would only knew that where spending more liabities or uneccessary things.
We Should only be spending money for Neccessities and Assets.
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