Saturday, October 31, 2015

Evolution XVIII

The only FREE cheese is in the mousetrap!

You don't become wealthy winning the lottery or get in inheritance.

Studies reveal that who win the lottery 10 millions, 50 millions or 100 millions, in average 10 years later those same people who won the lottery 10 years ago are broke or even in worst financial situation than before.

So how that is possible?

Someone said if we took all the money in the worlddivided it up equally among everybody, it would soon all be back in the same pockets.

If we want to create wealth we need to create value. Solving problems or add value ( these are the only 2 options we have and it is how wealth is created ).

Or did I fall into entitled mentality, did I think that the world owe me something, the government owe me something, wealthy people owe me something or have I understood how the principles of wealth really work?

No anyone ends up in poverty by mistake and no one becomes a millionaire by accident right?

Someone doesn't become sick by mistake, these are all consequences of patterns, these are consequences of habits. 

We all need to have really good habits:

Here below are some good habits we should have:

a) Living with integrity ( tell the truth, truthful in our relations, truthful with ourselves, doing the right thing because we all know when we are doing the wrong or right thing to do ).

b) Eating healthy, eat for energy, we need to eat for nutrition, eat in a way that fuels our bodies and allow us to do the things we want to do.

c) Self-development, daily self-development, set aside time to read, listen everyday some good nutrition for the mind.

d) Exercise, the human machine, this body, these bodies that we have, that we live in, they work better if we exercise everyday.

e) Practice self-discipline, If we have self-discipline we exercise because we know it is supposed to do like that. If we have self-discipline we eat healthy because we know it is supposed to do like that. If we have self-discipline we do the right thing.

f) Read every day, every successful person reads everyday.

g) Taking action, we do something that takes us closer to our dreams. If we have goals, if we have objectives, dreams to accomplish, we really want to accomplish them, then we really have to take action.

So get up and move forward.

Have a great weekend and just Do life!

- JM

Friday, October 2, 2015

Evolution XVII

Why you need to be free?

Debt is a prison and is best to escape as soon as possible!

To you become free you cannot spend more than you earn. Just as simple like this and you gotta commit on that right now.

To become free you cannot spend more than you take in.

To be free you need to be able to meet your own needs, mean you have to have your shelter, you need to have your food, you need to have your transportation, your medical care, your dental care, your eye care, you should be able to take care of your needs.

You should save at least 10% of your net income every month so you can handle occasional emergencies and if you became unemployed you should have aside enough money in the bank to pay for the expenses at least for 6 months.

To help you the best thing you can do every single month is a financial statement. 
You add all the debts you have ( every credit card, every student loan, every single thing ) put in one side. The other side the assets you have ( certificate deposits, savings accounts, retirement fund ). 
Add up all the debt, add all up the assets and see where you are.

Make more money by doing things you can do to add value and solve problems.
If you wanna to be free you need to create value to something or you solve problems to something and when you create value and solve problems people will give you money.

So like always just do life, be free and have a great weekend!

- JM