Wrong Mindset!
I was browsing a government intranet forum( classified forum) and guess what, i saw the topic that i love; FINANCE AND INVESTMENTS. As i was reading all the threads, i saw a pattern in the discussions. Almost 99% of them were unhappy about their income but were criticizing people who has a bigger income and have savings of SGD200k at the age of 31.
Good thing was that they were thinking about wealth, but their mindset were totally wrong! Instead of sharing on how to create a better income and generate ideas to expand their income, they were busy complaining and blaming their fate.
Is this common? i bet it is. People do not want to be rich, they just wish. They wish that they can be rich, buy all the luxuries in the world and retire early. Some wants to be rich, think of ideas, but stop at implementing the ideas. Some implement their ideas( business ideas), failed and never try to improve.
If you ask me, is they a way to be rich? My answer to you is this, being rich is a vague statement!
1)Convert rich to numbers ( 200k?)
2)Set your target (5 years?)
3)Think of ideas on how to multiply your income streams( Be creative!)
4)Ask around and read books on wealth creation ( People are more willing to share their knowledge)
5)Gather as many information as possible
6)review them
7)Improve them
8)Implement them
9)review
10)improve
These steps are just guidelines. But not to worry, help is on the way, i am developing my own wealth management website. My promise to you readers is, I WILL ENSURE THAT ANYONE WHO HAS VISITED MY WEBSITE WILL BE A MUCH WISER PERSON)
Good thing was that they were thinking about wealth, but their mindset were totally wrong! Instead of sharing on how to create a better income and generate ideas to expand their income, they were busy complaining and blaming their fate.
Is this common? i bet it is. People do not want to be rich, they just wish. They wish that they can be rich, buy all the luxuries in the world and retire early. Some wants to be rich, think of ideas, but stop at implementing the ideas. Some implement their ideas( business ideas), failed and never try to improve.
If you ask me, is they a way to be rich? My answer to you is this, being rich is a vague statement!
1)Convert rich to numbers ( 200k?)
2)Set your target (5 years?)
3)Think of ideas on how to multiply your income streams( Be creative!)
4)Ask around and read books on wealth creation ( People are more willing to share their knowledge)
5)Gather as many information as possible
6)review them
7)Improve them
8)Implement them
9)review
10)improve
These steps are just guidelines. But not to worry, help is on the way, i am developing my own wealth management website. My promise to you readers is, I WILL ENSURE THAT ANYONE WHO HAS VISITED MY WEBSITE WILL BE A MUCH WISER PERSON)
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