Powertalk: Find Your Emotional Why.

A talk Finding your emotional WHY, shared by Bo Sanchez to the Truly Rich Club members.

My Personal Notes of the talk.

 
You can change anything in our life. One reason why you cannot achieve our goal? Because you have not found a powerful emotional WHY. WHY=Hunger. You dream  of earning 100,000 pesos a month, but month after month. Year after Year. you are stock on the same income. The reason is: YOU have not found your emotional WHY.
     Wealth is not money. it is love, service and relationship.

My Realizations:

        I realize that earning my dream income of 150,000 a month by December 2014 is not impossible. I just got to have these powerful WHY that hunger. And believe that nothing-nothing is impossible. people who living the life of their dream have a very powerful reason why they have to achieve their dream. Our reasons should be beyond our selves.

My Actions:
  I have created my powerful emotional WHY. I read it everyday to remind me of the dream I have to achieve.

Do you want to have a full copy of the powerful talk? Join the Truly Rich Club to enjoy all motivating talks: Click here: http://bosanchezmembers.com/amember/go.php?r=6990


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Truly Rich Club Powertalk: Create your Wealth Belief

A talk given by Bo Sanchez shared to all Truly Rich Club members. As a Truly Rich Club member, here some of my personal notes, realizations and actions.

Notes:
      "Everything I need comes to me" is a word of Tita Julies of Julies Bakeshop. These is an example of a wealth belief.

     Beliefs that will bring blessings and abundance. Our habits or beliefs are a thousand times more powerful than our desires or decisions. Why? because beliefs are controlled by unconscious mind while desires/decisions are controlled by unconscious mind.

     Setting your goal is an activity of the conscious mind.
     Achieving your goal is an activity of the unconscious mind.
     These got to be automatic. The reason that many are not successful is not because of external factors the reason why your not successful is because of your beliefs.

Power of Brain.
     Our brain is composed to 100 billion neurons. Imagine the whole telephone network all over the world put it all together it cannot compare to one neuron of our brain. The brain is capable of 10 quadrillion operation in 1 second. Every single second 10 million cells die in our body in our hair, skin, organs, etc. and every single second also 10 million cells are created. Who manages these operation? The unconscious memorizes 10 million operations per second and it memorizes it forever. These is how powerful our brain is.

Four Steps to rewire our belief
1. Write a clear vision and emotional WHY?
2. Write a new belief that support your vision.
3. Three times a day imagine your vision and declare your beliefs.
4. Make a vision reminders example a dream journal.

Realizations:
    I realize that one of the determining factors of success is our beliefs. We got to have a belief that brings blessing and abundance. Our brain is so powerful that a lot of its strength were unused by us and it  has the capability to have a powerful beliefs. We must believe in our capabilities and in our dreams. And we should always seek inputs to help us rewire our beliefs. For me staying in the Truly Rich Club is one of a very important means in exposing me to ways that will change my wealth beliefs.
    I also realize that possibilities are endless if we put our hearts and mind to it.

Actions:
1. As a wife I will from now on support my husband in his endeavor and not making him focus on the different hindrances. I will be open minded in discussing to him the advantages and disadvantages of a certain projects.

2. As a member of the society, I will give an encouragement and strong belief to all people that I meet that they too can be successful. because maybe some of them also need  the said push from someone.

3. I will say these to myself every morning: "Everything I need comes to me"

Do you want to join the Truly Rich Club by Bo Sanchez? Click here
  

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Control Your Cash

Control your cash is a powertalks shared to all Truly Rich Club Members.
Notes:
 These are my personal notes from the talk.
          If then you have been faithful of worldly wealth, how can you be trusted with true wealth?

          Learn from the ants who labor hard all summer so that there is food for winter.

          Bo Sanchez shares 4 steps on How to control your cash.
             1. Stop Borrowing.
             2. Protect your assets.
             3. Live on 70% of your income.
             4. Set aside 30% or more for special fund.
                            - Freedom fund 6.66% paying your debt in advance
                            - Emergency Fund 6.66% (until you reach an amount equal to 3-6 months of your salary)
                            - Wealth Fund 6.66%  if you finished paying your debt and reached a savings
                                      equal to 3-6 months of your salary , transfer these allocations to the wealth fund.
                            - Tithe 10%
I am grateful for being a member of the Truly Rich Club to have these opportunity to be reminded of the best thing to do. Especially on our finances.

Realizations

      I haven't really was able to control my cash. Although I could say that I tithe and have my wealth fund and is religiously paying my debt. In a rate of 1-10 in controlling my cash, I will give myself a rate of 4. At these very moment I have an accumulated debt  of 181,600.00.

      A system like the percentage distribution of your income is very necessary so I can keep track of my own progress and using that percentage distribution I can allocate funds to all areas. I keep on withdrawing my emergency fund so I wasn't really able to reached an amount equal to my 3-6 months salary. Being a member of the Truly Rich Club is another thing that I realize that help me through.

Actions:

1. I looked for my old notebook, since allocating my  money like the one above advised is already practiced by me. however, I just stopped it when I went abroad for 3 months for  a scholarship because I was able to borrow large amount of money for my transportation and leave me with a very small net take home pay. And now I am motivated to do it all over again. So wish me luck.

2. from now on I will stop borrowing. Any form of borrowing I will now avoid so I can slowly eliminate my six digit debt.

3. I will allocate 4 hours a day for the creation of my other passive income. Like the one I am doing now.

4. Upgrade my membership of the Truly Rich Club to a diamond.

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Part 2. Create Money Machines: Truly Rich Club Powertalks

Bo Sanchez says that their are 2 elements of Financial wealth, First the mindset to create money and the ability to create money. If for example all the wealth in the world will be confiscated and then it will be equally  distributed to all people. After five years there is only one thing that will happen, all these money will go back to those originally have them because they are the people who have the mindset and the ability to create money.

Being a member of the Truly Rich Club has given me the mindset to create money. That having wealth is not a contest that only those who arrive first will have it. It gives me the mindset that their is wealth for everyone who is willing to work for it.

Money machines comes in two kinds. First is manual, where you exchange your time for money. I can say that I have a manual money machines. My salary is a manual money machine, as long as I go to work everyday. I can always have my salary. The second type of money machine is automatic. Like paper asset such as the Philippine Stock market.  These automatic form of making money is the one that will bring you fortune, there is no limit to its capacity. Money is the one working, money doesn't take a vacation. It works 24/7.

One of the privileges of a Truly Rich Club member is you got a weekly update of the Philippine stock market. It is through the Truly Rich Club that I go to investing in the Philippine stock market. Why is these automatic? The money that I invested in the Philippine stock market is the one working for me. It bring back dividends which I used to invest again.

The other money machine I have is from my affiliate sale from the Truly Rich Club. Just these February 2013, I got my first Truly Rich Club commission of 5,000 pesos I was so happy. I just invited people to join the club. And as long as they continue to pay every single month, I always get commission every single month. Isn't that great to make money online?

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Money Machines: Truly Rich Club Powertalk (Part 1)

The powertalks are one of the wonderful gifts given to the Truly Rich Club members.

Bo Sanchez talks about money machines. he said that a friend of him shared that their are two types of people. First when man works for money. And second when money works for man. 

When man is working for money. He exchanges his time, effort and resources for money. 

In my own status now, i would say that I am working for money. I exchange my very precious time for money. I worked as an ecology teacher in one of the Govt State university which is 6 hours commute from my family and worst the transportation is only available at day time because it is dangerous at night time. But despite of these I still opt to work because they are giving me a good salary and I enjoy teaching my students. It gives me so much fulfillment when I see them learning.

However, despite of these good condition. I still dream and is working my dreams forward to the second type of person, where enough money will be working for me so I can live a life of freedom. 

When money works for man it means, the person has reached a certain stage where he can do the things he wanted to do in life. Its is his money that works for the man to give him more of what he already has.

It has been my great desire to reach to a point that I have enough money that works for me to give me more money. So I can have freedom. I can join family gatherings or initiate family gatherings without fear of not being allowed for a leave from work. I can be with the people I love without fearing of not having enough money to enjoy with them.

So where I am in achieving these goal?

I save. I set aside 1,600 peso per month to be invested in the stock market. The guidance I have from the Truly Rich Club has brought me to the world of Stock Market.. And my investing has never been made these profitable. One of the stock market shares I bought early on in my investing has earned my already 60 percent growth. 

The thing that I journey with my self is eliminating all forms of debt, that I accumulate when I wasn't that financially literate. Thanks to the Truly Rich Club who enhances my financial literacy. Eliminating debt will eventually increase my net take home pay from my recent job and these will give me more money to invest in the stock market.

I will be upgrading my membership of the Truly Rich Club from a Gold member to a Diamond EntrepCircle To increase my wisdom on how to make money work for me..

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First Stock Market Investment

My journey in investing in the Philippine stock market through the Truly Rich Club. When Bo released his book my maid invested in the stock market. I was very inspired. (For those who want the copy, just leave a comment and I will email it to you.)

I then downloaded the COL opening an account form. It took me three months before I was able to send my account application to COL office. Because I have to save 5,000 pesos for the initial deposit. And since then I am regularly investing in the stock market.

As Edward Lee the founder of COL financials always emphasize that the turtle always wins. The secret in the stock market investing is to invest regularly whether its a bear or bull market. Lee said that they that stock market is their Job, they cannot beat the turtle.

In my two years of investing in the stock market. I can say that I am very happy with the growth of my money. One very particular example is the share I bought in Metrobank last July 2011 is worth 72.85 per share but now it has rise to 118.20 per share. Now I am enjoying 50.5% growth. Who could not not be happy with these? in the span of a year and a half, the growth is phenomenal.

There are times when the going gets tough... Just keep on investing just keep on investing...

I am now making my stock market investments a serious business. My goal for these year to achieve 150,000 pesos without being a miser for myself.

I would really credit my stock market investing from the guidance I got from the Truly Rich Club led by Bro. Bo Sanchez. Thank Bro...

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Tithing Journey

Before I even become a member of the Truly Rich Club, I have been tithing. Back in 2006, when I am pursuing my masters degree, I am making ends meet. I am very eager to find a part-time job to augment my allowance for my studies. On one occasion I was on my cousins room I grab a book entitled Health and Home. Then open a page at randomly it lead me to the story about the man named "Colgate" it stresses the tithing habit of the man and how God blesses him that almost every store has his name on it. I was so moved by his story.

Since then I am patiently tithing. And my belief of the fruits of tithing increased when I become a member of the Truly Rich Club where Bo Sanchez stresses always that Tithing is not for God because God is the owner of everything. It is for the very person tithing. Because when one tithes he creates a space to be filled with more.

Indeed I can say the wonders of tithing. I can still remember back in my Masteral days my 10% is only 150 pesos. These is an allowance for being a student assistant in the Graduate School. I usually receive my allowance on Thursday afternoon and when Sunday comes the only money left is 150 pesos. But still despite of that I close my eyes and give my rightful tithes. During my whole time when I was studying away from home, God always provides my need. At that time my prayer is that my monthly allowance will be my tithe in the next year or 2. And indeed God Hears me. I was hired in a Government State University. After three years in the service I was then promoted to a higher pay. God is very good all the time.

Giving

There are times when things are tough. But the wealth strategies and God whispers I receive from the Truly Rich Club has keep me going.

And until these very day tithing has become a lifeblood. My prayer is that my gross salary today will be my tithe in a year or two. That these will make me even more Generous not only with my money but with my time, ideas and appreciation to others.