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When the secretary comes, i'll go charm her to bed and make her our ally hehehehe So this one safe, cos not nitescene related......so not goin against divine decree hehehe |
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Okay as part of my promise to post useful insights on financial literacy so that all bros can benefit and have an enriching life to cheong the distance I will post the following article on:
The 5 Laws of Money: 1. Money comes gladly and in increasing quantity to any person who save at least 10% of his/her earnings (first step to Financial Freedom). There are only 3 Cashflow Scenarios: a. You spend more than you earn: This person has negative cashflows and likely to end up owing other people money (eg. credit cards, friends, relatives, loan sharks). b. You spend all that you earn: whether this person is earning S$2,00 a month or S$200,000 a month, he/she is still "Just over broke". c. You spend less than you earn (eg. save 10% of your eanings). as time goes by, this person will automatically get richer and richer. Which cashflow scenario do you want to CHOOSE for yourself? 2. Money can work for you, if you become the “wise owner” of money and make money work for you. (note: you’re the Master, money is the slave, while many people are guilty of being slaves to money). We should Love people, use money. The sad thing is there are people who Love money and use people instead. 3. Money will be safe and grow if you invest it wisely or if you invest under the advice of people who are wise in money. ie. investment knowledge is key to making money grow. You can either acquire Investment Knowledge yourself or you can invest money under the advice of people who have investment knowledge. 4. Money will slip away from the man who invests it in businesses or investments with which he is not familiar or not “approved” by people who are wise in money. ie. Ask the opinion of those who are wise in money, they might be able to offer you information or advice that can prevent you from losing money. 5. Money flees the man who falls into scams created by tricksters and conmen, who promise “impossible earnings”. One common weakness of human beings is "greed". Greed can make a person who is usually alert and smart "stupid". Greed can blind a man and is the main reason why financial scams continue to exist whether in ancient times or in the modern day. Simple but extremely difficult to execute. |
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Even if you have loans to pay per month, cars, house, credit cards............and after paying them all, say you still have 10k left of disposable income per month to spend or save, technically, you're still in DEBT. Strict discipline to clear all your debts ASAP if the key to financial independence. This area, i am a 1st class failure:D |
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On a serious note, there is good debt and bad debts....eg. good debts could be mortgages, bad debts is my creditlines. |
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Check your pm on another secret manual :D http://www.youtube.com/watch?v=ap4jS...eature=related Walk the fire and go win the battle and war ;) |
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btw are you joking about our nsmen? haha |
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:o
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You above 40 years of age no more ICT leow wat |
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