Feb 27 2010

Financial Wake Up Call

Most days, I find myself staring at the abyss of nothingness and my mind will drift to a frenzy thought about financial action plans. If I ask Suze of The Suze Orman Show, “How am I doing?” she will probably give me a grade of “F” on how I spent 30 years of my life with regards to my finances.

But since I still have 50-60 years to live. I can start now and finish rich. There is no point in looking back from the past or blame economic crisis of the world. So what is my point in posting this topic? This is not even about how one can get cash flow online. After all, that’s what you’re here for right? My intention is I wanna rub to you my excitement about good financial management. Read, watch and listen to financial resources that will help increase your financial IQ. It is never too late to start.

Some people believe  in the saying,  “live, eat and be merry for tomorrow you’ll die,” without thinking of retirement. They reasoned that why would they work hard and save the money for retirement for when the time comes, they may be too old to enjoy the fruits of their labor. I was part of this group who believe this thinking, hence financial disaster. They missed the point… retirement is just one thing, the most important thing is - we work hard and save money because we cannot buy “peace of mind.” If you are debt free, you have 8-12 months emergency fund, you have your own house, and you have regular cash flow, when things get tough, like you lose your job or you get sick or whatever, you will survive as well as your family.

I am a working progress, credits goes to my webmaster who is responsible for giving me a wake up call. So let’s do it! Let’s be responsible, let’s open ourselves to attract cash flow and start saving for the future.

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"The safe way to double your money is to fold it over once and put it in your pocket." ~Frank Hubbard

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