Evolution XX

How you grow your WEALTH?

You have to spend less money then you take in every year!

You have to spend less money on your living, on your buyings, mortgage, your transportation, food, cell phone plan, etc, because if you don't you can't grow your wealth, you always be broke which it will be optimistic because more then likely you probably always be in debt.

Most people today spend about 125% of what they are earning. You need to take a percentage and have to put it to work, growing your wealth, power of compounding / power of compound interest.

Decide now to live in X percentage of what you take in every week or every month.

You use that percentage and then use it to invest that percentage in 3 buckets.

Bucket number 1 - Low risk so usually means low return investments but almost all investments in this bucket have no risk at all then it means also low reward.

Bucket number 2 - Moderate risk, moderate return. In this bucket you can have real estate investments, stocks and investment funds.

Bucket number 3 - High risk but also have potential to high return. Mostly new emerging tech stock companies, it means high reward.

Depending of your profile and character you decide the % for every each bucket but never forget that bucket number 1 should have the biggest % because like that can never be lost the principal.

Then decide according your personality if you like more to take risks for example the percentages for buckets number 2 and 3.

Decide today to learn how the money system works that is designed to keep you in dangerous servant.

Have a great weekend and decide to be in GOOD mode ( Get Out Of Debt ).

- JM

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 world, divided 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