Saturday, July 25, 2015

Instead of WHY, Ask HOW !

Today I have a great learning day and key take away, finally I realised that why I always can't stay with what I want to achieved and see the result. Main key take away is from my mentor James Lee sharing. We all are talking to ourself all the time, we ask question to ourself, we talk about people with ourself and also we live in our ownself world sometimes. 

The Secret 

The way how we talk to ourself determine the result we got! It is same go to the quality of question we ask, determine the result we have. A great lesson from James Lee teaches me on break through about how to apply the law of attraction in The Secret (The Law of Attraction). From him, if we ask Why ? the sentence will follow by Why i can't success? Why i am so Poor ? Why they so rich ? Why i can't achieved it? 

Photo With James Lee (The person on the left)

From so many examples above, can you see the question that we ask ? Hence, from today onward, i am going to change the way i talk to myself. I am going to Ask myself constantly How can i get it? How can i be better ? How can i be financially free? How can solve the problem? How can i be rich ?

Change we become better !!! 

Monday, January 12, 2015

When You Have Enough


        We can't choose which family we were born but we can choose what kind of family we going to have. Life... I know life is hard especially lower than average people like me working full time job with average paycheck. I am terribly tired especially working as an engineer in shipbuilding. Every breath I take I have to be very careful, as it will kill my brain cell slowly. I felt nausea always when working onboard the vessel performing site inspection.

        Think of the Why, Start with a Why. Because of the why to give family and future family the best I could in the future, I m willing to work hard right now. Been in poor situation for so many years since small kids. If one never gone through the situation like surviving and need others people help to sustain the family, you will never know how much we have had. I am consider the lucky one as I am the younger among the family, so I knew the pain my family gone through.

       The feeling when spend money, Spend money thinking 3 times even for things that love the most? Have you had enough? A person can do whatever it takes when he/she have had enough. Step out and do something which can change the entire of your family tree. Does a job give security? Does a job guarantee anything? The answer is no, it is temporary that give us the comfortability. If didn't take care whatever jobs have pay us, It will disappear when crisis hit. Growth up with personal development and build your dream. Only you can make a different. If didn't do anything to change the current situation and nothing will change even after 10 years. Stay still is even more costly than changed . You Decide :)


Sunday, August 10, 2014

3 Types of Cash Flow Patterns

When I first started my Financial Education journey, I read a book called “Rich Dad Poor Dad” by Robert Kiyosaki – one of the first things I learned was the Cash Flow Patterns of the Rich, the Middle Class and the Poor.



Cash Flow Pattern of The Poor

You will often hear those who struggle mightily when it comes to finances say, “I’m living paycheck to paycheck.”
The unfortunate reality for those who are poor is that they make hardly enough to pay their monthly expenses.  I have met many of them in my life.  Life is hard.  Often times, they are hardworking and honest people – sometimes even working two jobs just to make ends meet; but they have a hard time getting ahead because they are simply treading water.
They save little or nothing with the excuse that they earn too little to save.  Even if they get a pay raise or a bonus check, they will spend the surplus just as quickly.  As a result, they have no financial stability or security.
If something unexpected happens in their lives (e.g., job loss, accident, illness, death in the family), everything comes crashing down and their families suffer tremendously.
The Cash Flow Pattern of The Poor looks like this:


As you can see, all the income from their jobs go to expenses, and there is nothing left in their pockets.

Cash Flow Pattern of The Middle Class

The Middle Class also often lives paycheck to paycheck, but for different reasons and in a different way.
This is the Cash Flow Pattern of the Middle Class:




This cash flow pattern is considered typical by our society.
Those with the Middle Class mindset adopt the very common habit of “earn, spend then save”.
After putting aside some money into their retirement saving accounts (e.g., CPF in Singapore, 401K in the US, RRSP in Canada), they tend to spend their money on different toys and liabilities.  They use their hard earned savings to buy a bigger house and a newer car, which comes with bigger mortgage payments and bigger loans.
They buy the latest handbags, gadgets, watches or home entertainment systems on credit and max out their credit cards.  As a result, there is no additional cash inflow but a lot more cash outflow.  For this reason, most Middle Class families appear to be wealthy, but have very low or even negative Net Worth.  Although their houses and cars may be worth millions, they often owe just as much, leaving very little equity.
Over time, they build a lifestyle that must be maintained by either getting higher paying jobs (which often come with increased responsibilities and stress) or working longer hours.  Many of these people suffer high financial pressure, working hard every month for the bank.  They cannot afford to quit or lose their jobs, and find themselves truly caught in the “Rat Race”.  And if they get fired or laid off, everything comes crashing down.
As a result, they will have to work hard for the rest of their lives, hoping that they do not become seriously ill.  For many, as they approach their retirement age, they will be confronted by the cruel reality that they may never actually be able to retire in their life time.
When I first played Robert Kiyosaki’s Cashflow 101 board game 1+ years ago, I realized for the first time that I was trapped in a “Rat Race”.
It was an enlightening moment.
It was a moment that changed my life.
As I struggled through the board game, I begun to realize what I was doing wrong in my life even though I looked wealthy and successful from an outsider’s perspective.
After playing the game, I begun to change my thinking pattern and devoted my time massively towards financial education and personal development. 6 months after I started my journey, my lifestyle start to change and i just follow what i learn and applied it into my life. Amazing, i have more fun and freedom after that.  

Cash Flow Pattern of The Rich

Now, let’s take a look at the Cash Flow Pattern of the Rich – you will notice that there is ONE simple but yet important difference:


For the Rich, they adopt the “earn, invest, save, then spend” mindset.  Unlike the Middle Class, the Rich is motivated to build, develop and acquire Assets – Businesses and Investments that generate positive cash flow and appreciate in value.  So their first priority is to ‘invest’ their earnings, before saving or spending that money.
Assets put money into your pocket and Liabilities take money out of your pocket.
Now, certainly the Rich also have Expenses and Liabilities, but their Assets and Incomes (often generated by their Assets) are so much higher than their Expenses and Liabilities that they are insignificant in comparison.
Their Assets generate sufficient cash flow to meet and even exceed their monthly expenses.  When this is achieved, they are at a level of financial freedom where they can choose to stop working and they can still sustain their current lifestyle indefinitely.
Although they may ‘spend’ and buy a few luxuries to pamper themselves, often the luxuries are paid for by the income generated by their Assets.
They are now FREE – they can live their lives on their own terms.  That means money-freedom and time-freedom.  Whether that means spending time with their loved ones, travel the world, building schools in developing countries, volunteering their time to the causes that are closed to their hearts or simply doing what they truly love.
As they continue to build their assets, they can expand their desired lifestyle as they wish.

A Few Final Thoughts

If you want to escape the “Rat Race” and become wealthy in the Information Age, the faster you develop your financial and emotional intelligence, the faster you will achieve financial freedom and financial abundance.
In a world with more and more economic uncertainty and less and less job security, understanding how the Cash Flow pattern of different classes work is vital today and will be even more so in the future.
To achieve true freedom in life, you need to see the world from the perspective of a Business Owner and an Investor, not as an Employee or Self-Employed person.
My Mentor once told me, “As you begin your financial education journey, you will start to see the World differently and you will begin to see Business and Investment opportunities everywhere.”
This has proven to be true for me; and it is my hope that it will be the same for you.
I hope you have found value in this posting.  Please share this with your friends and loved ones, so they too can begin their own financial education journey today and live a more purposeful and fulfilling life.

Sunday, May 18, 2014

Change Now, Make a different

      Since the last post of mine, i felt i have so much changes. I went to attend property investment seminar, how to create apps, and personal development course. That cost me a lot : ), Let you guess or PM me. How it changed me? That definitely make me and my life partner to the new chapter of life.

Since when I loss my passion ? Since the time I step in the working world. When first start of working, the dream was still fresh of becoming a pilot and keep looking at the related information.
Well...time past pretty fast and after one year i seems like losing myself because of working and working and working until time broke and lost self-motivation. Is it what the a company can give me?

No way... I am starting my journey towards financial freedom and keep chasing for the dream. Life is full of meaning when we are living on our passion. Definitely i love travel and travel makes life more colourful and thats what every pilot second dream after the passion of flying. Thats mine too...travel the world. There are few method for allowing me to travel the world:

1. Become a pilot / air stewardess
2. Having passive income and no worries of financial problem
3. Backpacking and some financial support
4. Having time free and travel for free

So...What is my choice ?

I am choosing a choice of working hard for 2-3 years to achieve financial free and having a lifestyle of luxury travel. By achieving time freedom and financial freedom only we can travel with no worry.

I don't want to work for the rest of my life. Make the changes now and develop myself and change the mindset of millionaire mind.

I am so glad that since i make the decision of changing, actually i make a lot of awesome people.
Make a change now and u will know the different. Don't become a slave for company. Be your own boss.


If you think education is expensive, try ignorance 

 

Sunday, September 8, 2013

Life is Simple but not easy

     So, Life is looking very simple. Everyday we repeat our routine, we wake up, work and go back sleep then we continue doing so everyday. When there is weekend, we try to do something that we think we have missed during the weekday. Oh thats weekend i must go out for shopping, for lunch , for gathering and etc. Deep inside, are you happy with all this ? Even when there are no one date, we keep digging and asking ourself why life is so boring.

     Work hard play hard. Recently i always have this feeling that life is so simple, just work and earn the money just spend. Are we spending happily more than working happily ? If you think what you work for is not happy, then why working ? We blame of low wages, long working hours, money not enough to spend, time not enough to use, time not enough to rest. There are so many blame across our mind when we passed the day. In my case, i m losing motivation long ago when i dream was vanished. I am living by the social pushing. It can be said as well i am following the common and must follow social sequence.

    Life like this would be so miserable to go through. We work to save money as to buy a house, to get married and form a family. We work so hard just because we want to have better life. Are we having better life now ? Can i just leave all this to do what i love to do ? Thats so confuse of life.

Saturday, January 12, 2013

As an engineer not Pilot

wow....Time passing really fast, working life passed even faster. Unnoticeable, i have been working in Jurong   Shipyard for the sixth month. Oh no, it is total mess of my life. Dream do not achieved then come into second plan which is as an engineer. Life really hectic and challenging of being an engineer, everything new and must adaptable. Sometime thing that i dont know also have to be pretend known and then quickly learn it.

It is undeniable that fresh graduate make mistake during decision making moment, so do i as well. No doubt that, flying is still my dream and i will make it fly when i was ready. Either be a pilot in commercial or leisure for my own. It have been long i didnt read about aviation stuff.... OMG, how to catch up the news? Erm....
I got to be self motivation in FOREX investment and make profit for my passive income other than hard earning salary.

Life in singapore so far so good. It is total depends on what life you are going to have. Either as a working freak or enjoy life here left nothing back home when old. Here have plenty of fun and what ever thing u wan just pay and you will get it.

Erm...recently post just keep update until here. XOXO :)


Friday, April 20, 2012

Vanishing

Am I too naive ?

You are not smart enough, not hardworking enough , not lucky enough . Want to dream big ?

Haha...kidding yourself. Dream become dreaming, suddenly wake up from dreaming and dunno where to go what to do.

Who ask you not to study in younger age? Form 4 only study English ? Haha....kai si.

Who ask you to care so much about assignment, and test ?

Since already know is the one time success thing yet still taking thing for granted.

Uni student very good ? lol....not even comparable to SPM & STPM leaver.

Shame Shame la....Test you SPM Math and Physic also fail...

Life.....How to keep moving ? Only money can save me now. lol 270k ? who have?

Now wana work hard also no chance liao, life keep going without reverse gear. Graduate then have to work.

Still wan to dream ? Eat grass lo......

Pls forget it...pls....Suffering ah