Rich people manage their money well.

Poor people mismanage their money well.

It doesn't matter if you have a fortune right now or virtually nothing. What's important is you immediate begin to learn how to manage what you currently have, and you'll be in shock at how soon you are going to get more... it's more on money management which has not been taught in traditional school. It's one of the reasons why most of us doesn't know how to handle money.

10% For Your Financial Freedom Account

1) Open a separate bank account designated to your "Financial Freedom Account".

2) Put 10% of every money you receive (after taxes) into this account.

3) This money is to be used only for investments and buying or creating passive income streams.

4) Do not spend this money. NEVER! It is means only for investment and not spending.

5) In addition to opening a Financial Freedom bank account, provide yourself a Financial Freedom jar in your home and put some coins and money into it everyday.

Through this, in time, you are going to accumulate small amounts into bigger amounts.

Poor people think it's all about income, and they believe you have to earn fortune to get rich.

One of the biggest secrets into managing money is what we call BALANCE. On the other side of it, you will try to save as much money as possible as you can invest it and make more money.

While it is said that you need to think as SAVE as much as you can, you must also put another 10% as your "PLAY ACCOUNT".

Why? Because we are holistic in nature. This "Play Account" must only be used to nurture yourself.

Nurture yourself to do the things that you wouldn't normally do. It is for extraspecial things only. You must spend it in a way that makes you feel rich.

Yup! That's right! You must alot another 10% for your give account. Of course, there must bea budget for special occassions, gift giving, something for your parents, relatives who are in need, for charity, etc.

What's important is that you have a budget for that so that you won't be able to touch your other money that has its own purpose.

1) 10% for your Savings (Investment / Long Term Savings)

2) 10% for your Play Account

3) 10% to your Give Account.

4) 70% for Education, Necessities, Daily Expenses, etc.

Always think that you are an excellent money manager so that you will be able to manage and be responsible of managing your money NO MATTER HOW SMALL OR BIG that amount it.

Money is a big part of your life, and therefore you must learn how to get your finances under control.

In making money - online or offline - you must have specific goals that will drive you and motivate you more.

Without a goal, you are not driven or motivated. So, before thinking of making more money, think of goals and you must have a mindmap on how you are going to manage it.

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