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Saturday, October 31, 2009

Managing Home Finances

I want to share with you one thing that I passionately do: I am in constant pursuit for learning a little about a lot of things, whenever, wherever. I believe that my growth as a person is a struggle, a lot of hard work, discounting dependence from other individuals.

I remember how I took the accountability to manage our home finances. I live with my parents and my younger brother, we are naturalized Americans but we all practically grew up in the Philippines. Before I took over managing the finances (payables from bills, loans, credit cards and etcetera), my parents were on the brink of a couple of thousand debt. It was a headache for me to face, but I took it as a dare to my self and I had fun. I slowly cleaned up the mess from debts prioritizing those with high-interest payables and told my family that as much as possible refrain using credit cards if there is cash available. What my parents mistook was the convenience of credit cards until, to their surprise, interests have compounded and we all found a fortune of debt. The most important skill I learned to develop from this task is self-control and to have fun. I suddenly became conscious the way I spend our money, I learned how to balance off a need from a mere want. I found myself drawing a mind map of the things I have yet to learn in order to become a successful businessman.

I don’t have a background in accounting and I only know simple mathematics but I told myself that in the end of this task I will be learning something that will help me grow as a person, and I was right. Before I learned the essentials of making my money work for me, all of my earning went sitting in the bank. Just a year ago after I read Kiyosaki’s book, I was determined to apply in myself the same lessons and attitude in that book. Someday I will be financially free.

Thursday, October 29, 2009

It Started with "Rich Dad, Poor Dad"

I was not born a sucker for learning financials by the book as I had an outward distaste for reading, as in, to be completely honest. I grew up being practical and I naturally knew the ways to look for money, it’s kinda like an inherent instinct for me already – easy, no sweat. Until Rich Dad, Poor Dad, it has been my shallow but firm belief that I don't appreciate letters as much as I appreciate numbers.

Days passed and suddenly my Wanna Be stumbled upon the very famous book of Robert Kiyosaki. More to its principles, the two words “Financial Freedom” appealed to me in a much more worth-a-try way like no other. I decided to give it a shot. So it went that I found myself one fine day buying me my Rich Dad, Poor Dad book. Soon, I was on my way to learning and appreciating the essentials of “making my money work for me, instead of me working for my money”.

Making my money work for me became my utmost target. Simply put, having read the book unfastened my thinking, fueled my drive to learn more about doing business. This book marked my awakening.It could be your awakening too.

To download the ebook version of this book, please click HERE

Wednesday, October 28, 2009

I Want To Be My Own Boss

The day I bounced out to maturity, I came to find myself wanting to take charge. Never was there any other time that I felt so driven. I want to take responsibility for something. I want to do things my way. I want to be the BOSS. I want to be MY OWN BOSS and I was born to fulfill this realization.

This very first post is but a preface to the strong force I’m feeling, a tell-tale of my guts and how I intend to prove the nerve out of me. I believe in myself and I couldn’t be more positive that I could achieve my goals as planned. I don’t have a plan on how to do this blog, but I sure will share all the steps I will be taking to rise above my dreams.