Showing posts with label expenditure. Show all posts
Showing posts with label expenditure. Show all posts
Thursday, May 3, 2012
82. Master Your Finances
Know for certain that you deserve financial wellbeing throughout your life. You deserve an early, long and wealthy retirement. Retirement is a function of income not of age. Specifically it is a function of Passive income - income derived from investments etc., not from your labour. When your Passive Income is greater than your current expenditure, then you can afford to retire. To master this concept play as many games of Monopoly, Cashflow 101 and Cashflow 102 as you possibly can. Engage your mastermind group in this activity regularly. Read all the books by Robert Kiyosaki and visit his Rich Dad Website and subscribe to his blog etc.
Posted by
Dominic Mulvey
at
10:10 AM
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Labels:
expenditure,
financial mastery,
investments,
labour,
retirement,
Robert Kiyosaki


Sunday, April 17, 2011
365. The Magic of Thinking Big
Always go for he biggest and the best. When constructing a financial plan, for instance, make one for the whole of your life, not just for a year. Indeed you should have a plan for 1, 5, 10, 20, 40 and 50 years hence. Commit yourself to the long term goal of being fnancially free. Set and achieve goals for your income, expenditure, profit and asset acquisition. Think in terms of your whole life and beyond that to your children and grandchildren's lifetimes.
Posted by
Dominic Mulvey
at
7:21 PM
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Labels:
acquisition of assets,
expenditure,
financial freedom,
financial plan,
go for the best,
goals,
income,
profit,
think big


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