First of all, I don’t intend to prolong this post so I will tell you a lesson which I learned from my younger sister. And that is the consistency of stock investing.
I would like to tell you that I was the one who influenced her to invest her money in the stock market due to the possibility of earning profits is high. But you know what, if you ask me how much money she has there compared to mine, she has already exceeded what I already invested. Why? Because I did not place my money there in a monthly basis and was not consistent at all. She as if slapped me on the face and showed me what I should do in the first place.
Anyway, after I realized that thing, I decided to set aside a portion of my money (20% of my monthly salary) and invest it in the stock market. Why? Because if I really wanted to grow my money, then I must follow the Peso Cost Averaging (which I already discussed here). Do not pay first your debts but stick to the powerful formula I provided above. In that way, you will spend the remaining 80% of your income for your bills, loans and allowances.
Sometimes all it takes to take actions is to see our loved ones doing things we badly want. The motivation of starting a thing is either coming from fear that made us move or love that we have for them.
That’s it! What about you? I hope you too have learned something great from people you meet.
Lastly, if you want to receive more tips and advice on making money at home, please consider subscribing to Learn to Earn Money Online, thank you.