Showing posts with label Savings. Show all posts
Showing posts with label Savings. Show all posts

Monday, March 7, 2016

Millionaire Mind Intensive Philippines - Experience


Sharing with you my #MMIPH Millionaire Mind Intensive Philippines experience.

It is an exciting 3-day event of the signature seminar & training of T. Harv Eker, author of the famous Secrets of the Millionaire Mind book. Here are the highlights per day!

1st Day

February 26, Friday is the first day. The venue is jam packed with people eager to learn. VIP seats are full same with the General admission. It was a sold out event!

Lead trainer is Rob Riopel started the day with money association exercise. Try it for yourself, complete the sentence with the first thing that comes to your mind.

1. Money is...
2. Money is...
3. Money is...
4. Wealth is...
5. Wealth is...
6. Rich people are...
7. Rich people are...

and a bunch of money belief questions.

Next is winning the money game. Definition of Financial Freedom. FF = Passive income > Expenses.

2 Types of passive income.
1. Investment Passive Income
2. Business Passive Income

Expanding Financial Freedom meaning to: FF = working income + savings + investments + passive income + SIMPLIFY

Then come the world's simplest, easiest and most effective Money Management Method. the Jar system.

  
The whole afternoon is all about belief system. With a highlight activity in the evening. This activity has brought a lot of clarity to me particularly on my money belief system. Amazing day 1!

2nd Day

Is another amazing day. As we learn how to do daily VAKS, Visual, Auditory, Kinetics and Spirit. Including money declarations.Learned to be grateful for every money that comes our ways particularly, surprisingly even the small ones. We end the night with a game about Savers, Avoiders, Spenders and Monks money personality.


3rd Day

Excited for the last day. Morning is all about releasing believes that are not supporting our life. Slow and silent we inquire within using meditation.

The afternoon is the best as we do Arrow breaking!


This activity is the best and truly an amazing experience. The rest of the afternoon is all about celebrations.


It's truly a world class experience. Excited to invite my family and friends to the next Millionaire Mind Intensive here in the Philippines.

Tuesday, February 23, 2016

Practical TIPS on how to save Money

Saving Money


Before we talk about how you can save money, it is equally important to know why we are saving money in the first place. 

To help illustrate the value of savings let me show you how regularly saving money can grow over the long term.


A weekly savings of P250.00 per week is a thousand per month (P1,000.00) and P12,000.00 per year. If you start saving that amount at age 21 and do it regularly it will become P360,000.00 when you are 50 years old. Now a days a big portion of 50 years old does not have that amount of money.

It even becomes better if you have invested your savings in an instrument that yields interest. See for your self. Before we go deeper on where to invest your savings, lets deal first on how you can have a regular savings.

I've learned a lot of these from Vic Garcia's Unleash the Highest Potential of your Money seminar/book.

Here are our top expense category:

Education
Food
Utilities
Transportation
Clothing
Children

EDUCATION

Exhaust all possibilities to study for FREE. (Scholarship programs from the Government, Companies, Schools, Athletics and others).
Encourage your children to study very well by showing them the benefits and value they can get.

FOOD
 
Create a menu for the week and support it with a grocery list. Stick to that list.
Go to the grocery with a full stomach.
Buy the food not the brand or label.
Refrain from buying processed food, they are more expensive. Decide to live healthier and Wealthier.

UTILITIES

Check your bills every month.
Get only services that you really need and use.
Get only appliances and equipment that you really need and use.
Use them wisely.

TRANSPORTATION


Ride Fx instead of Taxi, Jeep, instead of Fx or better yet WALK.
Don't get a car if you don't need one. If you really need a car and you have limited budget, get a good 2nd hand car, if you have the budget (lots of money) it's better to get a brand new car.

CLOTHING

Buy clothes during SALE and off season.
Buy the clothes not the brand.
Wash and iron clothes properly so it will not easily look old.
Learn to recycle unused gifts.

CHILDREN

Do not be a crowd-pleaser and a child spoiler. 
Agree not only on the item but also on the price when buying toys. 
Teach your kids how to save and the value of savings.

Lastly, STAY OUT OF DEBT particularly bad debts, if you do not know the difference between a good and bad debts, the more you have to stay out of debt. This includes revolving credit card dues, personal loans and the like.

Next topic is the correct mindset in saving money.

Let me know what you think about this blog post. leave a comment. If you find value in this, kindly share to reach more and help spread this awareness.