Monday, November 18, 2013

Tips you can apply NOW to your daily life and organize your finances from the Millionaire Mind Intensive Seminar I just attended!

Hello...

This weekend I assisted to this awesome event. It was held from Friday until Sunday.. all day the three days!! I sincerely learned and changed my mind in so many ways! It was one of the best time investments I have done. For the ones who doesn't know what is this, here's a brief intro:

This event and many more around the world are created by a millionaire guy called T. Harv Eker. Search him on Google! He wrote "Secrets of the Millionaire Mind." The book and seminars are focused on teach how to plan yourself to be financially free, happier, and more loving person.

I read this book not long ago because my broker recommended to me. And what a success to have done it! On the book, they give you info to go to these seminars. I highly recommend you read it and learn from these unique events.... The only thing is the price.... IT IS FREA*** FREE!!! :-) So, no excuses!!

I wanted to share part of what I learned from the Seminar that you can apply NOW to your life. It's called the jar system. But instead of jars, we'll use bank accounts.
This is to organize our finances. Doesn't matter what is your occupation, objectives or goals, age, marital status, if in debt or not, or if you are interested or not in books or events like this .... everyone who earns money and have expenses should do it!

It's very simple.

The advantages of applying what I'm about to give you are:

1. Start the road to a financial freedom
2. Get organized with your money
3. Start feeling yourself like a rich person with the money you have now
4. Get out of debt and not suffocate in more
5. Plan and reach financial goals
6. If you have a couple, stay organized together and join forces.
7. Have money for expenses other than the basic ones so you avoid using credit cards as much as possible or at all.
7. Feel frea** awesome and successful!!! Doesn't hurt, right?

Ok.... take pen and paper:

1. FOR SINGLE PERSONS OR COUPLES WHO DON'T JOIN INCOME:

-From your net income, meaning after taxes and any deduction (hat you really have for yourself in the bank), split with the following percentages in different accounts:

55% - necessities acct

For monthly unavoidable expenses: food, gas, rent/mortgage, health insurance, credit card payments, etc.

10% - Financial Freedom Account

For investing and generate passive income. Income that keeps coming to your pocket without you physically working or being present. For example, stocks, vending machines, rental income, etc. For this, I highly recommend you read "Rich Dad Poor Dad" by Robert Kiyosaki. This will open your mind in an incredible way.

10% - Long Term Savings Account

For vacations, buy a car or a house, remodeled your bedroom, etc. Things you want to make and require larger amount of money.

10% - Education Account

Fund for education. Hopefully is education to learn how to be a more and more successful person!! :-) For example, buy the 'Rich Dad Poor Dad" book I just recommended.. ;-) just saying...

10% - Play Account

Money for entertainment. Go to the movies, go to a spa, buy clothes, dinner with your love, new hairstyle, etc.

This account will make you feel richer and will release any stress and feeling of being trapped by routine and lack of money. Just keep the spending within the 10% of your net income and don't feel guilty doing it. You are not spending money from any other of the important accounts.

5% -  The give account

Fund to return to the Universe what has been given to you. Donate this to a hospital, buy food  for someone in need, give a surprise to someone that has helped you..anything that comes from your heart and you believe it's important and feel good about it.

I hope this was helpful and you apply it right away!!

I'll complete the second part later. It will be the split plan for join incomes, if you are married or have a couple and you cover the expenses together.

Since I want this to be a 'two-way blog', I'd like you share any experience when applying this plan or any difficulty/improvement doing it.

Thanks for reading and see you soon! Be a good friend and share this with any person you think will benefit.... ;-)


         



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