Cheanu's Official Blog

Life is the best teacher of all. Most of the time, life does not talk to you. It just sort of pushes you around. Each push is life saying, “Wake up. There’s something I want you to learn.” If you learn life’s lessons, you will do well. If not, life will just continue to push you around.

People do two things. Some just let life push them around. Others get angry and push back. But they push back against their boss, or their job, or their husband or wife. They do not know it’s life that’s pushing. Life pushes all of us around. Some give up. Others fight. A few learn the lesson and move on. They welcome life pushing them around. To these few people, it means they need and want to learn something. They learn and move on. Most quit, and a few will fight.

If you learn this lesson, you will grow into a wise, wealthy and happy young man. If you don’t, you will spend your life blaming a job, low pay or your boss for your problems. You’ll live life hoping for that big break that will solve all your money problems.

Or if you’re the kind of person who has no guts, you just give up every time life pushes you. If you’re that kind of person, you’ll live all your life playing it safe, doing the right things, saving yourself for some event that never happens. Then, you die a boring old man. You’ll have lots of friends who really like you because you were such a nice hard-working guy. You spent a life playing it safe, doing the right things. But the truth is, you let life push you into submission. Deep down you were terrified of taking risks. You really wanted to win, but the fear of losing was greater than the excitement of winning. Deep inside, you and only you will know you didn’t go for it. You chose to play it safe.

—Rich Dad teaching Robert Kiyosaki his first lesson

Source: Rich Dad Poor Dad

Jean Chatzky says that anyone can prosper in even the toughest economic times… if they possess the key traits and abilities that will set them apart. She calls these traits The Difference, and in her new book Jean describes how you can go from the person who lives paycheck to paycheck to the person who lives in comfort.

Do you have The Difference? And, if not—how can you get it? Jean shares the eight things that matter most to help you become financially free.

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Financial expert Jean Chatzky wants you to stop making excuses and get richer! She has four simple steps anyone can follow to the path of financial success.

1) Maximize Your Income

• Set an income goal.
• Ask for a raise.
• Work an extra hour a week.
• Learn more about making more.

2) Spend Less Than You Make

• Pause before you purchase.
• Pay bills on time.
• Use a debit card.
• Shop around.
• Find extra money for your savings.

3) Invest Money You Don’t Spend

• Save automatically.
• Earn more interest.
• Build your money confidence with Jean’s investment basics.

4) Protect Your Money

• Get insurance.
• Get a will.
• Get an account in your name.
• Learn how to better secure your future.

Source: Jean Chatzky on Oprah.com

Read also: How To Automate Your Income

“There will be inflation and the standard of living will go down. That’s the effect the higher fuel prices will have on the people,” said Tun Dr Mahathir Mohamad. “The rakyat is already burdened by the rising cost of living. We cannot justify the increase by saying that our fuel price is still lower than Singapore,” he said.*

Almost everyone I know are discussing, angry or complaining about the recent increase in petrol price in Malaysia. People are already contemplating to get by the increasing cost of transportation by suggesting various means such as car-pooling, buying a fuel-saving car, taking public transportations, or even cycling to work. Well, I must say that these are valid moves to reduce our daily expeneses. BUT… how long can we continue doing this to keep reducing our standard of living? This is a defensive financial approach towards our personal finances.

There is another way.

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The Biggest, Fastest Business Trend in 2010—See It Now

How much would you pay for a glimpse of the future and
get into the trend before it starts to boom worldwide?

Check out—www.myunlimitedincome.com

“Do you know how much of monthly instalment I need to pay for all my debts? $10,000 a month! Just my past business loans and personal loans alone… not counting my monthly instalments for my car and house,” my friend Andrew* told me today. He’s in his 30′s with a wife around his age; a father to a 7-year-old boy. Andrew cried, “If something happens to me, how are my wife and son going to go through their lives?!”

“Do you know if there’s anything on earth that keeps paying my family long after I’m gone?” Andrew asked me. I replied without hesitation, “Yes, absolutely!”

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