Ever wonder why rich people continue to get richer but poor people get poorer everyday? It's simple, here's a lesson fron T.Harv Eker.
Rich people focus on their net worth.
Poor people focus on their working income.
Rich people understand the huge distinction between working income and net worth. Working income is important, but it is only one of the four factors that determine your net worth. The four net worth factors are:
1.Income
2.Savings
3.Investments
4.Simplification
Focus on all four net worth factors: increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.
Take a minute and look into your current net worth, are you doing the right thing to to grow it or the other way round? Sometimes, to live a good and decent life doesn't mean you need to have alot of money; it just mean that you are living well within your means and you are happy and comfortable without having to worry too much of your current lifestyle should any financial crisis/event occurs. It also means that you are ready to face whatever finance challenges that's coming your way anytime of your life.
We are always busy with our daily work that we forgot to think it's also really important for us to take some time and reflect ourself of our current position.
Think. Are you increasing your net worth?
Welcome!
hi, This blog aims to educate and share on STG's latest Customer Loyalty Programme
to the public. I'll also share some articles on personal development,
current issues, news and happenings in local scene. Please feel free to leave your comment.
Cheers!
to the public. I'll also share some articles on personal development,
current issues, news and happenings in local scene. Please feel free to leave your comment.
Cheers!
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