If you still haven't gotten the lesson yet that you should be
investing almost all the money you have, whether you're a
wealthy gentleman or you're just starting into the world of
making tons of money or creating wealth.
The majority of your money should be going into Two
things :
1. Life Experience
2. Self investment (i.e. your own personal development)
If it is not going into one of those two things, then it's
definitely not worth it.
The WORST place by the way you can be spending it, is on
MATERIAL bullshit;
that is not going to increase your creativity and better
Identity (E.g. 30k shoes, 59k Georgio Armani watch, 10k
sunglasses, this k, that k .etc)
Here is the Fact. With an increase in income there is
usually an increase in people's expenses. And by the time
they are old they end up super dependent on pension
because they have been doing a lot of spending ever since
they got their first salary.
It's wrong. Very wrong.
But then, there is a formula for spending. I have mentioned
it before here, but I have to repeat it. Christmas is around
the corner now and spending rate is going to rise
exponentially.
So here it is...
Here is the formula.
Save 10 % of your income or more first before you start
spending the rest.
Don't spend before saving. Saving should come first.
Also, if you must spend make sure you have something
paying for it. That is, you need an investment.
That's what your saving should be for.
Poor people save to spend on things that won't bring back
money to them. But rich people, people who really
understand how money works save so as to have money
they can invest with.
That, too, should be your own strategy.
Best way to spend your income for proper effectiveness
is..
1. Self investment - i.e. Reading good books, watching
good movies of actors which u can model..etc..
2. Life experiences : traveling, workshops, live-
performances of successful models, take the best courses,
learning from the right people who are better than you
..etc.
Always increase your Personal value, be it your game,
Influence, Status, your Health, whatever it is.
Because as your personal value increases, okay, NOT only
will you attract more Success and more women, but you'll
also attract more opportunities.
Because the world will tend to reward people who have
High Personal Value.
Try this for 90days, I guarantee your life shifting from
mediocre to SUCCESS.
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Tuesday, 8 December 2015
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