The last blog i said that will be talking more of that formula. As you can see it is very important to note that saving is good but making money is much better. Because making money is enjoying life. while saving is good. Ask yourself this question how long can my savings last if i don't have a job or retired, six months maybe or a year. you are already considered lucky if you can last that long. That is why im teaching you is how to earn a passive income. Its like earning while doing nothing. as Donald Trump use to say (I don't save so i can have money, i earn more money so i have money even though i spend luxuriously). These guys earn so much, that they could not spend it all. There are 3 type of income: 1. active income- this income comes from a job, this is also the most tiresome because you do all the work and the pay is less. 2. semi passive- this include those youngster geek millionaire who are considered millionaire in computer domain. who built google, yahoo and etc. this is also hard work but only in the beginning. once you have launch it, it will need minimum attention on your part and a large attention to sustaining it but it still require for you to update it. 3. passive income-this is our goal, millionaire and author of bookseller RICH DAD, POOR DAD. Robert Kiyosaki and my mentor Larry Gamboa of thinkrichpinoy, are now spreading passive income as the ultimate income, specially if you are retiring early and enjoying life to its fullest. Let me tell you how. There are several path to take, Warren buffet from Omaha the investment guru and considered the richest man or second depending on the race but ther on top with the best consider STOCK as the medium. if you know how to play it right, study the market always go for long term. Don't look at the stock but look at the business overall. A tip COKE for example wherever or whenever there are coke everywhere from 7-11 to schools who have vending machine, even to africa they have Cokes, then you known where to put your money. BILL GATES is using his money and getting rich in its patent microsoft. every where there are computer you'll see microsoft inside, If you could patent one and it hit then you'll riding shotgun to fame and riches. Now those two examples are fairly hard to do because if its easy it should be able to duplicate by other people. But this one is easy and a lot faster to understand. REAL ESTATE that will be the topic for my nest blog.

GODS Money Maker

This blog is about GODS money maker, and that is you. Yes, it's you. You seems to be shock well don't be. Eversince before we are born we are considered to be a winner, it is because over a million sperm are competing to reach the egg and we are the one to have make it.
Can you imagine that we are competing for our life. Why did i say that, it's because of those sperm who didn't make it, they will automatically died right there. So be proud, GODS put as here with a purpose and a gift. As with the purpose you have to find it yourself its because each of us has a different path depending on our choices. As with the gift each of us is armed with an innate ability to survive. We are a survivor, we learned to Blend, Adapt, and Modify with our surrounding. That is why we rule the world. Now enough with that, lets talk about Money. When i was not financially literate meaningi let money rule over me. I'm always thinking that money is the answer to everything i'll ever need, it can even buy you love, but not Happiness. That was my past. Now to be honest, I view money to be just a pieces of paper. A paper with a print on it. You put a different print and it increased its value. Really! could you imagine that, take out the print and in the end it is just a piece of paper no matter what the print say, it can be 1 dollar or a 1 million dollar. Underneath that is just a piece of paper. Get that to your head so we can move on. I'm sorry, i don't want to be blunt, i just want you to realized the illussion that we have put on a piece of paper. The reason for making you realize. is that money maybe a piece of paper but we can trade it with something that ha Real value in it. For example trade it with a piece of LAND (REAL ESTATE)and investment on business that could generate more money or stock option like (Warren Buffet investment guru). This is a few examplethat Money generate Earnings through interest. Remember this Formula which is the foundation, to financial Freedom. ASSET is simply money in your pocket and LIABILITY is money out of your pocket. For example of you buy a car for luxury purposes then that car is a liability because it doesn't return your investment. unlike if you buy a car and use it in a business like rent a car, then that car is an asset because it return your investment and earn you more money. The same with the house which we all view as an asset. Now i want you to memorized this formula until it become second nature. and in the next blog, will discuss this further.