Hi all ,
This will be my first article, on my struggle to be on the path towards a financial freedom. Being an engineer with a yearly income of 60K, not really helping me to be financially free…, yet put me into more trouble to continue on daily life. With a spouse, 2 children and my parents and sibling to take care …60K yearly seems nothing …currently. “An engineer in a multinational status company…” that’s what remains and not the dollar …. :(
I have been reading lots of books, financial blogs, business news …..and two key words keeps on popping in the books , blogs and other financial websites is , INVESTMENT and COMPOUNDING. Un-realize what is investment in first place, I did do some investment back in my childhood in ASW2020 , somewhere in 1996 with a capital of Rm200, now , the money had double in its value. I’m definitely experiencing as what labeled by Einstein as the 8th wonder of the world…. “The power of compounding“.
Realizing this , I’m start to allocate ~ 10% ( previously this money goes to my savings ) of my income for the sole purpose of investing. I have read the Azizi Ali’s handbook “Growing Your Money“ , and the book really helps the beginners to the investment world , introducing the many type of investment tools and vehicles out there to be utilized.
Me and my spouse have a set a goal confidently , to be a millionaire by the year 2019 , a merely 10 years from now , and I have to construct my path and plan my strategies clearly to achieve my million dollar goal. This is not difficult to achieve, since somebody have done it within 5 years starting from zero just like me. I will put this gentleman’s as my mentors and gurus following exactly what they advice. Follows exactly what to do’s and don’ts ……
Let me tell a story before ending this article …..
“ There was a village with no rain falls for few years …. the village leader decides to conduct a prayers dedicate to the rain God for a rain fall. A day was set for the prayers and hundreds of village people turn out to participate in the special prayers. Out from hundreds of people …there goes a child carrying an umbrella under his armpit. One village man ask the boy , why child you carrying the umbrella ? The child reply “ after the prayers completes, I don’t want to get wet from the falling rain …. “
Now, that is confident …. Not a mere hope ….
This will be my first article, on my struggle to be on the path towards a financial freedom. Being an engineer with a yearly income of 60K, not really helping me to be financially free…, yet put me into more trouble to continue on daily life. With a spouse, 2 children and my parents and sibling to take care …60K yearly seems nothing …currently. “An engineer in a multinational status company…” that’s what remains and not the dollar …. :(
I have been reading lots of books, financial blogs, business news …..and two key words keeps on popping in the books , blogs and other financial websites is , INVESTMENT and COMPOUNDING. Un-realize what is investment in first place, I did do some investment back in my childhood in ASW2020 , somewhere in 1996 with a capital of Rm200, now , the money had double in its value. I’m definitely experiencing as what labeled by Einstein as the 8th wonder of the world…. “The power of compounding“.
Realizing this , I’m start to allocate ~ 10% ( previously this money goes to my savings ) of my income for the sole purpose of investing. I have read the Azizi Ali’s handbook “Growing Your Money“ , and the book really helps the beginners to the investment world , introducing the many type of investment tools and vehicles out there to be utilized.
Me and my spouse have a set a goal confidently , to be a millionaire by the year 2019 , a merely 10 years from now , and I have to construct my path and plan my strategies clearly to achieve my million dollar goal. This is not difficult to achieve, since somebody have done it within 5 years starting from zero just like me. I will put this gentleman’s as my mentors and gurus following exactly what they advice. Follows exactly what to do’s and don’ts ……
Let me tell a story before ending this article …..
“ There was a village with no rain falls for few years …. the village leader decides to conduct a prayers dedicate to the rain God for a rain fall. A day was set for the prayers and hundreds of village people turn out to participate in the special prayers. Out from hundreds of people …there goes a child carrying an umbrella under his armpit. One village man ask the boy , why child you carrying the umbrella ? The child reply “ after the prayers completes, I don’t want to get wet from the falling rain …. “
Now, that is confident …. Not a mere hope ….
Follow my path towards my golden dream and I will share my strategies with you , as I believe I can gain more knowledge by teaching someone else….
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