Online Life Coach, Teachings and Wisdom Derived from Everyday Life and Free Help for Depression
Sunday, March 31, 2013
Tuesday, March 12, 2013
How Do You Spend Your Hard Earned Money?
Where did your hard earned money go?
While I'm budgeting my remaining salary today, I just realized that I've already been working for 7 years now.
Would you guess how much is my savings as of today?
Maybe some of you guess P500K, P100K, or P50K..
Well...
Dandanan... My savings as of today is...
P10K... large amount right? (hahaha!)
Why is that so? Because I did not know how to manage my finances.
I remember when I was first employed, everytime I receive my salary, it would just passes to my hand in few days, and I would start counting again the days before the next payday because I've already spent them all. I even had debts because of overspending. The main reason is I did not plan for my finances or I just didn't know how to do it.
Lucky I am when I discovered the importance of managing finances due to self development and financial mentors like Jim Rohn, Tony Robbins and books written by T. Harv Ecker and Robert Kiyosaki.
Managing finances is not difficult. A simple system is enough, we just have to develop the habit.
No matter how much your income is, you should manage your finances well. Money is one of the resources given to us by God that needs to be well taken care of.
Now, let me share to you one system of managing finances thought by T. Harv Ecker in his book Secrets of the Millionaire's Mind. This include 7 Jars- freedom fund, emergency fund, everyday fund, dream fund, fun fund, education fund, give fund.
You might not have fund for each jar as of this moment. I believe at the start of your career, you may start with just 4 funds - everyday fund, emergency fund, give fund and education fund.
Everyday fund and emergency fund are the funds you need in your everyday life. Give fund reflects how grateful we are in the blessings that we receive, no matter what the amount is. Now maybe you're asking, why do we need Education fund at this moment? This is because education fund will increase your wisdom that would take you to the next step. Increased wisdom leads to increased knowledge, skills, and therefore increased income.
Please take time to view the short presentation below. Hope this helps you determine where should your heard earned money go.
Your Online Life Coach,
Maya
While I'm budgeting my remaining salary today, I just realized that I've already been working for 7 years now.
Would you guess how much is my savings as of today?
Maybe some of you guess P500K, P100K, or P50K..
Well...
Dandanan... My savings as of today is...
P10K... large amount right? (hahaha!)
Why is that so? Because I did not know how to manage my finances.
I remember when I was first employed, everytime I receive my salary, it would just passes to my hand in few days, and I would start counting again the days before the next payday because I've already spent them all. I even had debts because of overspending. The main reason is I did not plan for my finances or I just didn't know how to do it.
Lucky I am when I discovered the importance of managing finances due to self development and financial mentors like Jim Rohn, Tony Robbins and books written by T. Harv Ecker and Robert Kiyosaki.
Managing finances is not difficult. A simple system is enough, we just have to develop the habit.
No matter how much your income is, you should manage your finances well. Money is one of the resources given to us by God that needs to be well taken care of.
Now, let me share to you one system of managing finances thought by T. Harv Ecker in his book Secrets of the Millionaire's Mind. This include 7 Jars- freedom fund, emergency fund, everyday fund, dream fund, fun fund, education fund, give fund.
You might not have fund for each jar as of this moment. I believe at the start of your career, you may start with just 4 funds - everyday fund, emergency fund, give fund and education fund.
Everyday fund and emergency fund are the funds you need in your everyday life. Give fund reflects how grateful we are in the blessings that we receive, no matter what the amount is. Now maybe you're asking, why do we need Education fund at this moment? This is because education fund will increase your wisdom that would take you to the next step. Increased wisdom leads to increased knowledge, skills, and therefore increased income.
Please take time to view the short presentation below. Hope this helps you determine where should your heard earned money go.
Your Online Life Coach,
Maya
Friday, March 1, 2013
Don't Criticize, Condemn or Complain
Do you know someone you would like to change and improve?
Why do you want to do this?
I'm only in the Chapter 1 of the book I'm reading right now "How Win Friends and Influence People" by Dale Carnegie, but this chapter really hits me.
Sometimes, I find myself criticizing other people, wishing them to get better. But I never realized that it would not bring any better to them. It would just lead them to resentment and won't bring any favorable results.
Here are some of excerpts from the book that hit me, and will surely hit you too.
So next time we find ourselves judging and criticizing other people, why not begin on ourselves? It's a lot better than trying to improve others.
Why do you want to do this?
I'm only in the Chapter 1 of the book I'm reading right now "How Win Friends and Influence People" by Dale Carnegie, but this chapter really hits me.
Sometimes, I find myself criticizing other people, wishing them to get better. But I never realized that it would not bring any better to them. It would just lead them to resentment and won't bring any favorable results.
Here are some of excerpts from the book that hit me, and will surely hit you too.
- Criticism is futile because if puts a person on the defensive and usually makes him strive to justify himself.
- Criticism is dangerous because it wounds a person's precious pride, hurts his sense of importance, and arouses resentment
- Don't criticize people, they are just what we would be under similar circumstances
- When we dealing with people, let us remember that we are not dealing with creatures of logic, we are dealing with creatures of emotions, creatures bristling with prejudices and motivated by pride and vanity.
- Any fool can criticize, condemn and complain- most fools do so. But it takes a character and self control to be understanding and forgiving
- A great man shows his greatness the way he treats little men.
- God does not propose to judge man until the end of his days, why should you and I?
So next time we find ourselves judging and criticizing other people, why not begin on ourselves? It's a lot better than trying to improve others.
Your Online Life Coach,
Maya
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