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Showing posts from December, 2014

Today is the Last Day of the Year

Today is December 31, 2014, the last day of the year. There are so many things happened to me and I'm thankful for the continuous blessings I receive. My life has changed after I do the following things: - Tithing . Giving back to the Lord 10% of my income monthly (Actually, it's not 10 that I give. It's only 5% but by next year I will strive to give 10 or more) - Buying inspirational, motivational and success books . These books gave me a new and rich mindset. If others invested in the coolest and latest gadgets, you would find a mini-library in my room that contains books of Jack Canfield, T. Harv Eker, Brian Tracy, Donald Trump, Og Mandino, Richard Bach, Bo Sanchez, Mitch Albom, John Maxwell, Francisco Colayco and a lot more.

The Dot Com Lifestyle

- Time Freedom - Money Freedom - and Location Freedom are all mean Total Freedom . According to John Chow, the number 1 rule to achieve the Dot Com Lifestyle is to remove yourself as income source (job, profession). John Chow does 2 hours a day of blogging (having published 2 posts a day) or tending his internet businesses. He said in a funny way the meaning of job (journey of broke). I don't see anything wrong with that because it's his opinion.

Be Sure to Get Advice from Qualified People

I don't know why some people are comfortable getting an advice from wrong people. For example, they ask their family and friends on how to be rich where in fact, those people are not rich but actually live below an average or poor. And then, they wonder how come they are still in their situation and no improvements at all. The title of this post can be put in this way: " Avoid Getting Bad Advice ". In short, make sure you get advice from people who are qualified to give it. I actually got this idea from one of the posts in John Chow's blog. If you want to learn more and be knowledgeable in something related to blogging, earning money online stuff., then visit his blog and read his blog posts.

Look for Opportunities to Earn More Money

Don't just settle for your salary from your day or night job as I tell you, if you don't trade or exchange your time, you will never get paid. That kind of income is classified as active income. Meaning, it will be inactive once you stopped working. If you asked me what are my other sources of income, I would give you list of my sidelines. Aside from my salary, I have a business in a form of a loading station. People esp. my officemates and friends come to me automatically even if I don't ask them, to load their prepaid cellphones. Come to think of it. That's an extra income though it's still considered as active income.

What Matters is Today

Present is the most important day or perfect moment for us to start a thing. Don't go back to yesterday and wander your thoughts somewhere (daydreaming). The same also to days that are not happening yet (future). We only live once so make every moment perfect and memorable. If you wanted to start a thing which you don't have a spare time to do back then, now is the right time. There is no correct day, my friend, to begin. It is today that's why it's called present because it's a gift for you to unwrap and discover what's inside.

Don't Be Afraid to Take Risks

I notice that most of the people are afraid to take risks or try new things. Why do you think they stick to the normal ways or things they usually do? My answer can be found below. Most of my co-employees still stay in my previous employer even though they do not receive what their real worth is (puny salary). Imagine 10-12k a month (would turn to 9-10k, less taxes and contributions). Would you think that amount is enough for their monthly expenses and bills? Maybe, it's enough for people who are frugal or live below their means . But not for me. In my opinion, their efforts have not been compensated enough. They're not just being used and manipulated by the company they work for but their time have been wasted as well.

Do You Blog for Fun or for a Living?

I just want to share with you these statements which I got from an article few days ago: "Someone who does a thing for fun is different from someone who does the same thing for a living." "Similarly, there is a critical difference between the person who blogs for fun and the person who blogs professionally." It hit me and asked myself what did I do for the past 2 years of blogging. I think I'm not serious enough and treat my online business as just my hobby. I guess this is the reason why until now I haven't made my first 100 bucks. But everything has changed after I encountered those statements.

Take Care of Your Greatest Asset

I know right now you get frowned upon reading the title of this post but I will explain it to you what it does mean. First, let's define what asset is. Asset, in general, is a thing that makes money for you. In other words, these are things you've invested in and built that put money into your pocket. But as its title says, take care of your greatest asset. The greatest asset I am referring here is none other than you. Since we are the one responsible for generating our money, we should take an utmost care of ourselves.

It Annoys Me to Receive Emails From a Naughty Sender

People rarely give out their emails to someone who offers information that is hard to find. But when they trust the person and balance what they can get from him/her, they will input their personal info immediately. That's what happened to me when someone I trust and look up to suggested a person who he thinks can help us earn and make more money online. I did some browsing into this someone's site and in an instant, he got my trust because of his Taglish approach and the way he influenced his readers.

Debt Is Not Bad At All

People tend to classify debt as bad and can cause more troubles into their lives. I disagree with them as debt is not bad at all. It all comes down on how we use the money after we borrowed it. Also, if you want to know the two types of debt, then go ahead and read the remaining content. One type is the good debt . This debt can improve your current situation and achieve the life you dream. How does this help you? By borrowing money from banks or other institutions, you take advantage of having huge cash on your hand. For example, the bank would charge you a total interest of 22% for the money you borrowed which you are going to pay for 24 months/2 years. Let's say 20,000 pesos and you will pay this (including tax) for a 24-month installment. 1,017 pesos is the money you are required to pay every month and the total amount of loan if you added the tax is 24,400 only.

Invest in Education

I don't know why people keep depriving themselves of the education they need. They always rely on free stuff online and prefer not to shell out some of their cash. But try to observe their actions. When it comes to gadgets, they save money and buy it whatever the price is. Don't get me wrong as I'm a big advocate of using the internet to look for the information I need. You can find whatever you need online, but the problem is it will take a lot of your time by just searching. Also, based on the study, people do not get serious if the stuff they get is free. You know why? Because there is no money involved so nothing will lose if they would not give their full attention to it.

Live Within or Below Your Means

Today, I am inspired after knowing a friend of mine accumulated a total amount of 500,000 pesos. I tried to ask him because I know he is the type of person who lives within or below his means. I look up to him because even if his only source of income is from his day job, he successfully managed to save that big amount (for me it's big because I don't have that same amount right now). I respect and salute him for inspiring me to be frugal and don't be a spender. He shared with me he did not go with what's "in" in the market. He followed the work ethics of his favorite NBA basketball player and just lives simply. Whenever I see him online, I always message him and ask for any updates with his investments. This person does not easily shell out his hard-earned money without studying what he's getting into and takes time to learn about the investment.