Wednesday, June 27, 2007

Managing Money

People get broke or continue to be poor because of one reason. They don’t care to manage their money. Don’t belief? Ask those that say they are broke or poor around you. Then you would know.

There are many reasons for a person to not manage their money. The more common ones that we hear are, “ I have little money, so there no need to manage it”, “ I will manage my money after I have a lot of money”, “ No one teach me how to manage money”, “ I have no idea of such things”, “ I….”

Those are the reason they are broke. We don’t want to be them right?

Now, to start to manage your money, you do not have to have a lot of money. You actually manage your money to make you have a lot of money. Why you don’t need much money to start? Let’s think like this, if a person cannot lead a 3 person team, do you think he could lead a 100 person team? NO! It’s the same with money, if you can’t manage RM 1000, you also won’t be able to manage RM 10000.

I hope you want to manage your money now, because that’s what will make you financially free. Financially free means that you can choose your job based on what you like to do, and not for the sake of income. You want that? Yes? Then start to manage your money.

You probably have your own way of managing money. The suggestions in my blog are only my opinions gather from books I read. I find them useful and want to suggest them to you. Bear in mind, although I am not yet a millionaire or financially free. The writers of the books are. I am still on my way there, that’s why I know the suggestions are useful.

Start off by reading my First Blog.
Pay Yourself 10% First!

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