Financial Freedom

Knowledge is POTENTIAL power. Knowledge is only power when APPLIED.
Example: You know that exercising is good for your health yet you do not exercise.

Money comes and accumulates in quantity to any person who save at least 25% of his/her earnings (Your very First step to Financial Freedom).

There are only 3 Cashflow Scenarios:
1) You spend more than you earn: This person has negative cashflow, spending future money and likely to end up owing money (Example: Banks, Credit cards, Loan sharks, family, relatives & friends).
2) You spend all that you earn: Whether this person is earning SGD$500 a month or SGD$50,000 a month, he/she is still "Just broke".
3) You spend less than you earn (Example: Saving 25% or more of your earnings). As time goes by, this person will automatically get richer and richer. “Every dollar you earn, do not spend more than 30cents” .

So which cashflow scenario do you want to choose for yourself?

If you become the “wise master” of money, you can make money work for you. (Note: YOU are the Master, money is YOUR slave.)