Boo to “I have no money to invest”.
You can’t shoot a gun without ammunition. Suppose you do hold a good old M16 (a model of rifle). Without the bullets, the rifle is as good as useless when it comes to a ‘live’ battlefield.
- Have gun, no bullets, no use.
- Have bullets, no gun, no use.
- No gun, no bullets, start or die.
- Have guns, have bullets, trigger friendly.
Let us apply this to investing.
One of the common reasons (really, it’s just an excuse) I hear for people not investing comes with the effect of saying, “I don’t have enough money to start investing!”
And my short response to that hurdle is this: It’s not about how much you make than how much you keep (from how much you make).
And so, the real question is: How can I start investing if I have little to no money to begin with?
Good news, I found my solution to that question.
It’s a super simple but powerful concept.
If anyone can understand this idea and apply it, who knows, you could be making money right away. I personally Read More >>
You know how a person’s belief can be transformed over time?
I used to have a bad impression of anything to do with MLM and Network Marketing. It’s just the impression I got from my associates in the past. Call it bad past experiences. Call it bad first impressions.
It was until I slowly did a little research of my own and observe what works and what doesn’t when it comes to money-making.
I realized that the saying, “Often a time, a message is good but a bad messenger could make the message seem a turn-of.”
True? Think about the gospel. Think about anytime you’ve got a really good news but because someone is such a lousy communicator, when he speaks, people just ignore him or put down his words.
I guess that’s what happened to me when I was introduced to Network Marketing.
Anyway, to keep my story concise, I have concluded that the combination of the skills and tools derived from Internet Marketing and Network Marketing is killer.
And to top it up, I know of only one company that Read More >>
Retirement planning is a relevant process to engage in even before you choose your first job. With Social Security and Medicare’s tenuous existence dependent in the hands of lawmakers, starting retirement by saving small and early can have tremendous benefits in an uncertain future.
Planning in your 20s
Why you should do it
Retirement may be the furthest thing from the minds of most 20-somethings. Recent survey research suggests only 60% of individuals born between 1983 and 1991 saved nothing for retirement that year and 40% intend on doing the same the following year. However, starting to put a way even a little bit of money from an early stage in your career can yield large dividends at the end.
Consider this little bit of math
The average post-grad will start their first job at the age of 22. If you put away only $4,000 a year from that year onwards you would accrue $1,000,000 by the age of 62.
If you wait till the age 32, when people traditionally start planning for retirement, Read More >>
Is money good or evil?
Check out a conversation I had with a friend of mine who lives in a landed property in my country…
Disclaimer Note: This is our SMS-conversation. As this is an once-off event, I reserve the right to protect the identity of the parties involved. This is purely our opinion and should not be taken as any legal advise.
Friend: What does your dad do?
Me: He’s a cleaner. I have a very humble family background.
Friend: And your mum?
Friend: I see… And you went to NUS?
Me: Yup. Amazing, right?
Friend: That’s not too bad. Haha… (You studied) Business, right?
Friend: Do you major in Marketing or Finance?
Friend: Don’t your parents force you to find a regular office job? ‘Cos I thought parents usually pin their hopes on children when they were uneducated and couldn’t do those job.
Me: They do. But I’ve explained to them why I’m doing what I’m doing. I wanna be able to be near them… be there for them physically.
Friend: I see. Do they Read More >>
Have you heard of your peers lamenting the words, “I’ve no choice”?
Come on, let’s be honest. Even I have made such a comment before.
In this post, I am going to share a little insight I have over having “no choice”.
Up until who knows when, I became sick and tired of making that statement. Nowadays, if I were to hear it, I almost feel nauseous. I have the phrase “I have no choice.”
I didn’t notice this change in me until a recent event made me realized so.
A friend of mine is having a job switch. One morning, she dropped me a mobile message saying she had to go back to her old office to collect her cheque and commented, ”
I’m up so early because I’m gong back to my old office… I need to collect my cheque. They said they (HR department) can’t mail to me and they require me to go down in person to sign. It annoys the hell out of me. But no choice…”
So, do you have similar experiences when you feel like you have no choice?
I know I have.
When I enlisted into National Service (NS), IRead More >>