![]() ![]() Teaching & helping those who are not lucky enough might also grow your wisdom.īuying your own house might or might not be applicable right now, buying a house expense is a huge deal at the moment, bear in mind the complex administration as well makes buying one is not as simple as that. Pay off your debt regularly and soonest as possible. Increase our skill and don’t stop learning. Invest wisely after we’ve done those 2 steps. Start saving for ourselves and stick to the budget. After that, then you can start thinking how to build your business and how to grow your investment. Have a regular job even with minimum pay at least to help you save your money and pay your needs. Prior to reaching 1 to 9 steps, the most essential step to do, have a job! Do something that will pay us back for our time & effort. Teach him how to fish and you feed him for a lifetime. Remember: Give a man a fish and you feed him for a day. People in Babylon believed in Goddess of Luck to give them fortune & luck.Īlways be compassionate to those who are unfortunate & be wise in helping them. Change your mind-set that wealth can only be achieved when your family has already been rich.Įveryone COULD & SHOULD be financially free with a strong will, discipline, and hard-work.Īlways remember to pay back to God for every fortune we have. Negotiate the terms with lenders & decide when the debt is paid off.Īmongst all, we need to have a strong determination in being wealthy. Make a clear arrangement how much you’re going to pay every period ģ. List down how much your debt & who the lenders are Ģ. Even when we’re broke, set aside 20% of our income to pay back our debt.ġ. Pay back your debt soon with a clear plan. Pay back your debt with 20% of your income Wealth will be around those who deserve it. Thus, upgrade your skills & wisdom so that we deserve that fortune & luck to be around us. We don’t want to be insecure for the rest of our life, we want a security for our future. Increase your ability to generate income. Always have a protection early so that you won’t have to pay much later. Guarantee your future by providing your needs starting from early days. ![]() You might reduce your living cost by having your own and you can have vegetable & fruits that you planted. Make your own house be your profitable investmentīuy your own house so that you can gain from your own land. ![]() Who are the experts? Those who are experienced in multiplying their fortune beneficially. You buy diamonds & crystals from jewelers.Īsk for the expert’s advice – you want to avoid the mistake that they’ve done but absorb their life lesson. You don’t want to buy diamonds from a brick dealer. Only trust your money to someone who is experienced in multiplying fortune and generated fruitful result. You want an instrument that can draw your money anytime & generate a fair amount of return. Beware of the risk and never lose the principal you’ve invested. Make every single penny produce another penny just like so and let your fortune flow.Īlways beware on what instrument of investment / saving that you use to multiply your money. Remember the Compounding Effect of Interest – whereby your interest is credited to your existing principal plus the interest that is already paid in short, interest on interest. Have a proper budget so that you can fulfill your basic needs & pay the most valuable enjoyment without spending more than 90% of your income.īudgeting – based on The Richest Man in Babylon: Only Live by Your Means & Control Your Spending That is the most fundamental building block to kick-start your wealth creation. No matter how broke you are, save at least 10% for yourselves either you invest it or keep it. Save at least 10% of your income for yourselves ![]()
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