Real life experience of a Filipina towards her journey to be financially independent. Experiences as a Truly Rich Club member of Bo Sanchez, and how these club help her wiser in handling finances, Investing, Philippine Stock Market, and financial advices
Showing posts with label Passive Income. Show all posts
Showing posts with label Passive Income. Show all posts
Monday, November 26, 2012
Acting in spite of fear
Thoughts lead to feelings, feelings lead to actions, actions leads to results.
Real action is the cure to a lean purse. Take action, beat inaction. Action is the bridge between the inner world (thought, feelings) and the outer world (results). So if action is very important what then prevents us from making action?
Fear!
Fear
Fear, doubt & worry are among the greatest obstacles to success. The rich people act in spite of fear, both the rich & poor people feel the fear. But only those who act despite of the fear achieves real success. They just don't let these feelings stop them.
As Harv Eker says "If you are going to let a three-hour drive of a three hour flight or a three day trek stop you from doing something you need and want to do, then what else will stop you? The answer: Anything. Anything will stop you. Not because of the size of the challenge but because of the size of you.
One must choose: If you the person who will be stopped or the person who is unstoppable? If you want real wealth or real success, you have to be a warrior. You must be willing to do whatever it takes. Train yourself not to be stopped by anything.
The road to success is never convenient, and is not easy. If you are willing to do only what's easy, life will be hard. But if you are willing to do whats hard, life will be easy.
In the beginning everything is uncomfortable, growth can only come if you are uncomfortable hence expanding your comfort zone.
We must train ourselves to do whatever it takes(as long as it does not compromises integrity & honesty) , and to act in spite of anything that might be on your way even fear.
When I joined the Truly Rich Club of Bo Sanchez I was fearful that it might not be worthy with the cost that I will spend. However, I am thankful that I was able to act in spite of the fear that I felt. Now I am earning from the stock market. It is through the Club that I learned how to make my money work for me.
Labels:
Act,
Bo Sanchez,
Fear,
Money,
Passive Income,
Save,
Truly Rich Club,
Wealth Strategy
Tuesday, November 13, 2012
Make your money work for you.
Harv Eker says in his book The Secrets of the Millionaire Mind "Rich people have their money work hard for them. Poor people work hard for their money".
Working hard for your money is as much more important as to make our money work hard for us. Working hard alone is not enough, there are a lot of people working very hard, all day and all night, but are they rich? i don't think so, working hard alone is not enough we must develop the art of working smart.
Money is energy, the rich realize the value of working hard first for money, and then manage the money well, so it wont loose in their hands. Look for investment vehicle that will make more money for them, in a way that they don't have to be physically attending it to make them more money until one achieves a financial freedom. Where one does not work for money but working because its a choice and not a necessity.
Money working hard for you.
Rich people has a lot of passive income, one of these are stocks. The Philippine stocks now are so aggressive, the shares i brought a two years ago, are now 20 - 30 percent up. These is so amazing, i don't have to exert any work to get an increase of my stock shares.
Another form of passive income is business working for you like real estate rentals. The rich focus on buying assets, things that will likely to go up in value.
Having passive income will liberate you from 8-5 jobs.
Developing passive income is not enough one must have control of the fruits of the passive income, buying things for immediate gratification is nothing more than a futile attempt make up for our dissatisfaction in life. we must develop the skills of delayed gratification for the better.
Its so amazing that rich people have a lot of money and spend a little, while poor people have a little money and spend a lot.
Consider each dollars to be investment soldiers and their mission is freedom. but how do we arrive from our present situation to someone who has investments? the trick is to get educated learn about the investment world. Read your way out.
Join The Truly Rich Club. It guide you how to make your money work very hard for you.
Labels:
Bo Sanchez,
Investments,
Money,
Passive Income,
Philippine Stocks,
Truly Rich Club,
Wealth Strategy
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