To command financial stability and security in life, you have to plan and work hard over time.
But to make things a little easier for you, here are the most important and time proven traits that could help you achieve your financial goals.
Health is Wealth, which simply manifest that you should be protected, and not just only to
indicate take care of yourself.
Some people ignore this area of concern, which according to them an immaterial angle of human existence, but to say the least the same is very relevant.
Naive to think it over that good health ensures that you're not only have the physical and psychological vigor to meet and rise above the challenges of your life, it also assures that you shall be there to savor the success of your dreams being fulfilled.
So do have periodic check ups with your physician, do regular exercise, and maintain a healthy diet. And start early.
The less care you take now, the more difficult it will be to make up for it later.
After Health, the next focus will be your vision.
Defining your vision for your work and life is crucial to your success. What do you want?
Is it financial independence; being your own boss; greater security for your family; a sound launching platform for your children?
Whatever it is, you should always be focus in your vision.
Reinforce the vision and its role in as many ways, and in times of trouble seek guidance and solace from it.
Next strategic menu to take on is How Handle Your Finances...Invest Your Money Wisely!!!
Although your basic income shall be sourced from your current job(s), do not limit yourself to only this.
You should try and augment your income by investing your money judiciously and beneficially.
You could fund or start a business that you are passionate about; other wise you could invest in Safe Market Options [inventong term ko lang yan at dito lang yan sa Pinas lol].
In all respect and accord, it is wise again to bring back to the fore the message of our elders "Save Your Money"
A good way to build a solid financial base is to adopt the old thrifty mentality.
Allocate a certain percentage of your income to your savings on a regular basis, and set aside this money every month, every time you receive funds or get paid.
A convenient way to avoid the compulsive buying and the trap of budgetary mismanagement is to
remember to pay your savings account first or other way of saying the same is "Pay First Yourself.
This cuts off unnecessary expenses while providing for your contingencies as and when they arise.
After separately earmarking your savings, which would be enough to ride in an investment vehicle that would earn interest not less then 12% per annum is the safest and fastest option.
Worth to note is the fact that it is not how much money you generate from that counts, but the strategic measure is that how much money you keep which the same is place in a Compound Interest Machine.
Please don't forget the Rule of 72, one of the Eight Wonders of the World...How Money Works!
In detailed, it is best to differentiate within your expenses and avoid the extraneous ones.
Before any purchase, ask yourself if you really need it. Be true to yourself and your vision “Do I really need that?” Only you can answer this question but you must be true to yourself and your vision of financial independence.
Truly, I write it this way as a means of reminding me of the aforementioned system which if you give attention will provide impact to your end so greatly. Secondly, through this blog post will remind me to increase cash flow, save & invest in Safe Market Option.
However, before delving in the domain of investing, you should as a rule Be Protected and Be Financially Literate.
For Your Success!
Jay M. Tan
