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[Banglashi]

We attended a money-making seminar and one section of the seminar strucked me and really hit me, for it's simplicity, practicality and not to mention profitability.

Since we all are here to make money online, let me share this straightforward short tips to all of you.

These are the things I've learned during the seminar.

What are the secret of the rich people while they seemingly able to grow money on trees:

1. They only spend the money they have.

2. They prioritize savings.

They don't spend their increase.

3. They hate debt.

- They are angry with debt. They only use debt to increase business.
if you borrow money to use for expenses - it's called BAD debt

4. They live in simplicity

simplicity vs. extravangancy

5. They make their money grow.

Don't buy house if you earn. Invest in business.

When they earn a profit in their business, then the profit is used to buy house.

 

[Banglashi]

I disagree with you 100% since if you are at this point in your life, already have money, then apply no. # 4 live in simplicity, don't change your lifestyle, or anything that you have if abused will be consumed someday. I like the speaker here, since he has already earned millions of dollars, one member of the audience saw him eating at jollibee.

He practices what he preaches.

And that's how the worlds work. When you're already financially free, you'll mostly mind how to increase more your wealth to explore uncharted territories i.e. space exploration, researching for the cure of incurable diseases, human immortality, etc. The application is already there, development of humanity. As for the ethical standards, it's a personal choice.

 

[HJVC Notes]

I disagree with you 100% since if you are at this point in your life, already have money, then apply no. # 4 live in simplicity, don't change your lifestyle, or anything that you have if abused will be consumed someday. I like the speaker here, since he has already earned millions of dollars, one member of the audience saw him eating at jollibee.

He practices what he preaches.

Then again, that's the speaker personal choice. All of us have the freedom of how to live our life. No one should dictate you from what you should become. Many things even we don't intend to abuse it are guaranteed to cease at some point. Better to eat in fine dining than Jollibee as they offer more nutritious foods. But then again, it's a personal choice.

 

[Banglashi]

It's your choice if you don't follow the tips here, it's all tips. we have choices in life if you want to squander your money on fine dining that has all the oils and food that will kill you slowly and yet you're paying for it.

tip #1 If you can afford then go for it make sure you only spend the money you have.

tip #2: Prioritize savings I bet a man of stature like you have savings and insurances and not to mention an emergency fund?

tip # 4 : live in simplicity

i bet you have a U.S.$5k computer but you're commuting or riding in your cadillac or bmw, it's a personal choice but i choose to grow my money

Then again, that's the speaker personal choice. All of us have the freedom of how to live our life. No one should dictate you from what you should become. Many things even we don't intend to abuse it are guaranteed to cease at some point. Better to eat in fine dining than Jollibee as they offer more nutritious foods. But then again, it's a personal choice.

 

[HJVC Notes]

It's your choice if you don't follow the tips here, it's all tips. we have choices in life if you want to squander your money on fine dining that has all the oils and food that will kill you slowly and yet you're paying for it.

tip #1 If you can afford then go for it make sure you only spend the money you have.

tip #2: Prioritize savings I bet a man of stature like you have savings and insurances and not to mention an emergency fund?

tip # 4 : live in simplicity

i bet you have a U.S.$5k computer but you're commuting or riding in your cadillac or bmw, it's a personal choice but i choose to grow my money

Better tips I guess:

Tip 1
Instead of not spending on the things we can't afford, let's increase our business/investment profits so we can afford them i.e. buying islands to save endangered species.

Tip 2
Instead of saving and getting an insurance, once we have 3 months monthly budget, learn how simple the stock market is and then invest those salary and business profits in blue stocks without relying to fund managers unless you have a tens of hundreds of millions of $ in bank account savings that can give a significant amount of cash daily from 1% per annum interest or inheritance in trust fund which you can spend hundreds of $ daily depending how much your benefactor gave to you.

Tip 3
Live in simplicity but with lots of money in which you should envision that you'll not live in a palace unless every person in the world can live in a comfortable house.

Bonus
Surely, you'll get attention if you have a driver and chauffeur accompanying you in BMW luxury car but didn't you realize that riding in a solar-powered bus sponsored by you where all passengers don't need to pay will get a more positive public image.

 

[Banglashi]

I'm thinking as a faucet owner and im giving out ample sats to my claimers and at the same time sometimes i lowered it and higher it, based on bitcoin prices, it's balance, business and growing money is balance, it's a give and take relationship. money begets money. Don't be greedy and squander all the money you accumulated but live in simplicity so there will come a time like CHRISTmas time and all saints day gift-giving time you still have a lot to spare because you never squandered on all by yourself. dont be greedy but be frugal and thrifty.

 

[Banglashi]

If you really want to attract money or become a money magnet so to speak, you can apply tips #1 and #2 invest in a business that you play an active role, and make sure to spend the money you now have most probably you will be taking from your savings, don't enter into a loan, that will complicate things and most probably hinder you from growing money. If ever in real-life situation, enter into a loan that offers like 2% to 3% interest, you may ask your government or ngo or seek the help of a relative that works in a government agency or any friend that works in a government agency, then enter into a loan and create a business that has 20% to 30% earnings on products and services or both, then when you accumulate your profits here that profit spend on your personal needs make sure it's according to tip #4 make it functional and simple. That way you cut your spending or decrease it and you're increasing your income thus growing your money.

 

[Digit at keys lace]

Earning passive income on the house makes it a business

Disagree. What if the person doesn't like to start a business but rather invest his/her salary in a house and turn it to passive income by accepting boarders. Point is, business is not the only way to get rich.

 

[Banglashi]

As a review, tip#1 : spend the money you only have
if you don't have that much money and if you got internet, almost all houses got internet right now and it's very affordable get an isp and join bmf here and then search for programs online that you can do. that way you won't get into a business loan and earn thru passive income online. that way you grow your money because you are not boasting of any money you don't have.

 

[Banglashi]

as a review, tip #2: they prioritize savings.
it's a great idea to open a time deposit where you don't get to touch and spend your money for a while and then it earns considerable interest. that way you grow it too, because this money will be invested by the bank in huge established businesses along with other money of depositors making your money big.

also you may open up an emergency fund just in case you have emergencies you don't get into emergency loan which will ruin it all but you have ready money for such emergencies and once you use it, make sure you replenish what you used.

 

[fatitumicola]

Now I created my own bitcoin faucet with lots of sources of income as the ads, and have infused it with funds so that it will give away bitcoins to every claimers. Here's where the self-control can be seen by spending money on assets or income generating web sites and not just for your personal needs, after earning a profit, that profit spend 50% of it for your expenses.

Just live in simplicity and functionality.

Don't ever change lifestyle like the rich and famous, of course they can afford it, if you can say yes, to that question if you can afford it, then go for it.

What's your fauset website address, wanna register

 

[Banglashi]

tip #3 rich people hate debt.

there are positive debt one that you will use for business loan, for example, borrow with someone you know who works in government agency, they will usually lend in 2% to 3% per month, then you create a business with it that sells at 20% to 30% profit.

negative debt are usually money used for personal expenses and to pay for another debt or loan made.

positive debt will grow your money while negative debt will increase your debts all the more and soon enough you're in real trouble.

 

[Banglashi]

tip #4: they live in simplicity

i asked a couple enjoying their time at the mall, is because I've noticed them wearing just plain simple clothes and yet they are the richest in our church, helped a lot of church projects during those days we're just starting out. The question is What is their secret to their riches? in answer, they said we wear simple clothes buy cheap things.

So i admire them and yet they enjoy these things. Extravagant are not the enjoyment, take a look at rich and millionaire celebrities who has it all in their lives, they committed suicide? so riches is not the source of happiness, but JESUS is!

 

[HJVC Notes]

Extravagant are not the enjoyment, take a look at rich and millionaire celebrities who has it all in their lives, they committed suicide? so riches is not the source of happiness, but JESUS is!

From logical financial advisor to religious financial advisor! Most Muslims are more disciplined compared to other members of different spiritual beliefs that's why the overflowing financial resources they have goes to luxurious things, i.e. building islands, gold plated ladder, etc., they're obligated to donate 4% of their riches to less fortunate, and they do banking on Sharia-compliant financial institutions, meaning, they don't charge interest when you borrow money. Their source of happiness is Allah.

 

[Banglashi]

then comes tip #5 buy your own house and lot with the use of your business profit.
i see people with huge expensive cars, yeah luxury cars but with no house and lot of their own, they're renting out.
first buy a house and lot and buy your vehicle, make sure your house and lot has ample space to park your vehicle.

i saw people owning expensive gadgets but only riding in a jeep or public transportation then they complain that their expensive gadgets are stolen from them, quite funny isn't it, why not buy a house and lot that will house your vehicle that will house you together with your expensive gadget.

 

[Lynnn]

All my saving for now are used to purchase government-issued bonds. It is the safest of course but not a good option if intend to beat inflation.

there are few recommendations from close friends to buy Electric Vehicles shares like Tesla and companies involved in battery productions including rare earth mining stocks....but that is off limits for me for now

 

[Banglashi]

stocks and shares are also a good business specially those government-issued bonds are more reliable and more permanent.
now that you're doing it, be careful not to put your money in one location/place.
learn to diversify for you don't know which one will succeed or not.
As they say business is a game of chance for those who have been there and done that.
it's great that you're applying these tips and looking forward for your progress reports in the days to come.
@fatitumicola thanks for the likes

All my saving for now are used to purchase government-issued bonds. It is the safest of course but not a good option if intend to beat inflation.

there are few recommendations from close friends to buy Electric Vehicles shares like Tesla and companies involved in battery productions including rare earth mining stocks....but that is off limits for me for now

 

[Banglashi]

Yesterday I know and just felt that i can also deposit my bitcoins and get 4% interest per annum which is good enough for me while i don't have any use for it to get assets - income generating websites so this is what i will really do, just monitor your interest and the website assures me that i will get the interest every single day and automatically be deposited to my btc wallet which is great enough for me.

 

[Banglashi]

Tip #5. They make their money grow.
check out the blog/email of the one who had his first 1 million.
i had mine since 1999 when i created weblord, inc.
https://www.beermoneyforum.com/threads/leadsleap-reviews-scam-or-legit.2899/post-429038from @leadsleap himself real like testimonial from millionaires themselves.

 

[Banglashi]

This is according to the book 'The Cashflow Quadrant' by Robert Kiyosaki if you want more financial freedom and more time you have to be in the B and I box.

of which I'm the practitioner right now as of this moment.

 

[Banglashi]

now times are hard and difficult, im now at S,I, and B quadrant. i would rather sleep than eat lol