How you can be richer just like the rich who are getting richer.

Financial difficulties can lead to a lot of problems to you and the people around you. This is because life is all about money. Of course money is not everything, but everything is money. Nowadays , the moment you step out of your house, you are already spending money. You are also spending money even when you are sitting at home!

You can see that money is the most important factor in your life but not everyone is really in charge of your money. You may claim that you have no problems handling your cash flow however; you will still have the problem of not having enough money for you to spend during month end.

The rich is getting richer because of one major difference between the poor, they have prudent financial planning. With an external party or a third party handling their finance, you can rest assure that you can join the ‘rich’ category sooner that later. Nothing is impossible; being a millionaire is so common that everyone with an income can have a million dollar in liquid. The question is whether you want or you REALLY want the million dollar.

The secret to be financially independent starts with prudent financial planning. Once you understand the fundamentals of finance and understand the ‘science’ of getting money, financial freedom is on the way. Financial advisors and financial planners can certainly help you to understand the fundamentals of financial planning and customise you your million dollar roadmap.

Nevertheless, you can have the best financial planner and an excellent plan but if you do not execute your plan accordingly, you will not make any difference. You have to work closely with your financial planner and be determined with yourself. A financial plan is not a get rich scheme but merely a tool that is essential.

Why inflation rate is causing so much problem?

People are complaining about money everyday. People from every walks of life is complaining about not having enough money to spend. The real reason for all these complains is that many people do not know why they do not have enough money.

The real reason for not having enough money is actually because of inflation. Inflation is something that most people think they understand but in the actual fact is that they do not understand why.

A very simple way to understand inflation is to compare how many things you can buy with $100 10 years ago and now. I am very sure that you will say that you can buy more things 10 years ago than now. Now, ask this question yourself, if inflation rate is 5% annually, do you think that your pay is increasing at 5% annually? The truth is, the value of your $1 is eroding without you noticing it.

A pay increament does not mean that you can also increase your spending but a pay increament is for you to overcome the inflation rate. Let me give you a numerical example;

Inflation rate: 5%
Your pay 10 years ago: $5,000
Yearly increament: $200
Your pay now: $8,000
Inflation adjusted pay now without adding the increament: $8,114.45

From the above example, the increament is to offset the inflation rate. Hence, if there are no increament and you are still getting the same pay as what you have 10 years ago, you will have financial difficulties.

Since inflation has a negative relation with the value of money, you will need to invest your money in an asset that can give you more interest than the inflation rate. Saving your hard earned money in a bank will make you poorer and trust me, the rich and high net worth individual do not save all their money in the bank. Now, that is why the rich is getting richer and the poor is getting poorer.

Attract lots of money now!

I discovered something very phenomenal in my journey to be a multi-millionaire ( notice that I do not want to be a millionaire anymore) and a successful human being. It is called ' The Law of Attraction'. I have seen videos on Youtube about Law of Attraction and i applied the theory.

This may sound ridiculous but it happened to me. I actually eliminate all my negative thoughts and act positively as if each challenge is just another opportunity for me to make money. True enough, I made quite a lum sum of money.

Not only that, as you know, I am also undergoing my degree course on and the modules are extremely difficult. I used to think that only people who are smarter than me can pass the exams and no matter how hard i studied, I can never excel in my modules. After watching the videos on Youtube, I began to re-think my thoughts. I said to myself that I am going to pass my exams because it is easy and for me to score in my exams, I just need to study more. I also said to myself that no one in the class can score better than me.

To my astonisment, I did pass the exam and I really scored in the exam. I eliminated all the negative thoughts and made success come to me.

Now, if you want financial freedom, you and only you can make financial freedom come to you. All challenges are just for you to take advantage! Believe in 'The Law of Attraction' and you will attract wealth!

Get rich now!

Have you ever wondered why some people out there are driving big cars, having long vacations and owning big luxurious houses? Have you asked yourself how these people achieve these goals? Can you be as successful as them? Or do you think that you cannot be like them hence no point trying?

Since young whenever I see these rich people and i asked this question to myself, " If they can do, why can't i do it? They are not super humans. I don't think they have a secret that only the rich people know about. "

In my quest to find out why some people can be successful and be millonaires, i found out one significant similarity. The similarity is that, in one way or another, all these people really plan for their life and money. All of them have their own personal banker or financial planner just so that their finances are well taken care off.

Now, do you think middle income earners need a financial planner? The answer is yes! If you engage a financial plannner, you not only get professional advice, you can even learn all the necessary steps in financial planning. All you need to do is get leverage!

My very good friend once told me that money earned is not money spent. The advice may be short and simple, but if you meet and really sit down with a financial planner, you can really learn a lot about money management. Of course everyone knows what is money management, but only a financial planner can further elaborate all the technicalities.

In life, everything is possible. As long as you plan for your goal, you will achieve your goal. Dare to dream but do not be a dreamer!