During my younger days and my tertiary school days, I have always wanted to get a job with a good salary. To be precise, I wanted to have a high salary so that I can buy more things and to be proud of it in front of my parents.
I was wrong. Terribly Wrong. Please do not be mistaken. I am not saying high salary is no good. In fact, having a high salary is fantastic but the portion on relying on that high salary is not really that good. Okay. To be frank, the reliance portion is the disastrous part.
Click Here to Read More
The promise of investing in a property to finance your retirement is known to people. In fact it is known to many people. As time passes, more and more people are aware of such techniques. Ask people around you, most of them are already into this path. This so called path is their retirement planning.
Well, I would also call it “The Trap To Prevent Early Retirement”. Though you may not realise it, property investment actually traps the middle class people. The Rich traps the middle class working people to continue to work for them for the next 20-25 year with the promise for a good retirement (by buying a property for investment). Yes. This may seem to be a good use of ”OPM – Other People’s Money” and the accumulation of good debt. However these items may have prevented you from an early retirement. Is this a conspiracy of the rich?
Click Here to Read More
We face a lot of challenges and obstacles during our journey especially in our wealth journey.
One of the most difficult challenges is the obstacle that we have in our mind.
The acknowledgement and categorizing of the terms “Risky” and “Non-Risky” will always go through our mind. The way of how we think and acknowledge the terms are rather strange.
When most people do it, we assume it is right.
Most of us follow the majority of people and term the actions undertaken by them as “Non-Risky”. Our minds always think that actions taken by so many people cannot be wrong otherwise many people would have already suffered badly. Yes. It seems logical.
Click Here to Read More
Today, I am not going to tell you a secret.
I am going to tell you a fact. A fact that people wanted but not able to achieve.
The Fact is “Most people are not able to retire before 50”. Probably you have already made preparations. However many people around you have planned but they will still not able to retire before 50. Why is that so?
The intent of this article is not to tell you in details why people are not able to retire before 50 or how many people are not able to do so. It is more useful to state down the various types of channels that you can go for to assist you in your retirement. Being practical is more meaningful for this subject.
Click Here to Read More
Progress creates a happier you.
Being stagnant, over time will make you an unhappy person.
Everyone wants to be rich. Everyone wants to be healthy. Everyone wants to be loved. The list goes on. There is no ending to the list of things that we wanted.
So what if one is not a millionaire yet? So what if one is fat and feeling very unhealthy now? The ‘What if’ list can also be a long one.
I believe that progress will make one a happier person. The ability to make progress towards your goals, the ability to move forward, no matter how slow or difficult the road may be, will make one happier.
You can be progressing in terms of wealth, health or even spiritually.
All progress no matter how small or big, will create a better you, and most importantly a happier you.
The important words “Do Not Stop”.
If you feel that you have already attained a satisfaction level in your life, do not stop. You can help people around you and especially people who need a helping hand. You will keep progressing when you help more people to progress as well.
So what is your story?
Are you still progressing or have you stopped?
Some people seem to be progressing financially(probably not fast enough in their own expectations) and they feel that they are still not happier yet. You should read “Are You Poor Because of Your Expectations?”
SmartPassiveCashFlow wishes you progress in whatever you are doing.
To have a carefree life, we will need to focus on the cash flow and also the expenses.
In today’s article, I would like to talk about different channels of cash flows that most people have. I am capturing all these in a visual format for easier reading and understanding.
My only question to you is
“What % of your cash flow is affected if you lose your Job?”
Think Carefully
“How much is your life affected if you lose your Job or Business?”
“Are you still able to support your property loan?”
SmartPassiveCashFlow Wishes You and Your Family
A Life Full of Cash Flow Channels
And most importantly a CareFree Life to do what you want to do.
More Readings:
My Wealth Equation
My Wealth Portfolio
This is a picture taken from my study room or should I call it the “War Room” where I spin off ideas and tracked them for my wealth creation.
As usual, I do things the simple way. Place boards on the walls. Write down my thoughts, ideas and actions. And also tracked them.
This works well for me as things are placed in perspective and these ideas will slowly crystallize and evolve into reality. Keeping them in view and tracking them are very important.
SmartPassiveCashFlow hopes that you have also laid down
your thoughts and ideas, executed them and also tracked them.
References:
Cash Flow : Intraday Bonds Trades
Job Stability is important. For me, I would rephrase it as “Job Stability is good till you are 45 years old or maybe 50 if you are lucky.” To people with no other survival skill sets or assets to generate cash flow for them, not having a stable job will be a great concern to them. They need to cling on to their job dearly and they need to work till a later age. In fact, the need for a job creates subconscious stress to the people. Have you ever wonder, what will happen to your cash flow once you have stopped working? If you are young now, you will think that you will save money and can live off that money for your retirement. You can do a calculation and see how long can your savings last.
Click Here to Read More
It is the honor of SmartPassiveCashFlow to release its
Very First Wealth Creation eBook For Intraday CashFlow.
In this ebook, I will show you step by step how I use this strategy to
generate a monthly cashflow of US$500-US1,000 per month.
The information is straight to the point with no beat-around-the-bush story.
For those interested, you can go to this link.
SmartPassiveCashFlow Wishes All an Ever Increasing Cash Flow.
