hmmm read more books.
robert kiyosaki should be able to teach u guys:)
just my 2 cents.

@jarodr9,
Reading and not putting it into practise is not going to help either

It can't really be put into practice because it's mostly vague generalization

Take what's good and analyse what's vague; modify if possible to fit personal goals..

actually 1 word..only work harder...!

who ppl salary 5digit, is not from salary 3,4 digit

try to find ter company, or change ur job..or start being a small buz men

Greetings Guys,
Since the coming next 2 years will be a turn downover ... is it wise to purchase a vehicle ?

well,

i am just reach Age 25

my saving only can save up to rm 20k+ before i reach 30 age

i wonder how come my saving become so less..
plus i have been send to oversea working tho..

i really feel that,nowaday is very hardtime for me to save up those $$$
end up with so many commitment ..

clearing CC debt?
car installment?

anyone been up to?

Saving money for the rest of your life will not make u rich, said Rich Dad. Instead, learn to do and build a business and become an inside investor will make u rich. How? by educate yourself to increase your financial literacy. Learn how the rich people think, how they start their own businesses with nothing. Learn to overcome rejections, embarrassments etc. Learn how they communicate with all level of people. Learn how to lead people. The bottom line is LEARN! You must LEARN 1st before you can EARN!

The business for the future is internet based, e-commerce, online store, affiliate marketing, e-network marketing, communication, etc. More and more people online nowadays than people watching tv.

Which is very true. Recently i bought myself this great deal package. it is just about, hmmm maybe RM34.50 (i tried it even though it seems unbelievable, cuz it's CHEAP...it's like RM34.50 to disclose a magic trick! LoLx) from a guru.

After that, everything is history. I have been doing this part time job for about 3 months and still going.

It comes with full guide and easy way step by step instruction and guidance shown by the guru himself. It even includes a READY MADE business built in for you. So that you will immediately start working from home in no time.

Normally, we wouldn't believe in stuffs like these, do we? But for RM34.50, i took the chance and tried it Furthermore, RM34.50 can't even get you a decent shirt nowadays.

With such terrible economy situations nowadays, working from home online as a part time job seems to be a very good alternative because it saves time and money. And the most important thing, it's a business that's kinda cheap to start.

Besides working from home is much better than the office. You get all the freedom that you want! And one thing that is for sure, you can manage your work from home with your familly instead of being apart.
Believe it or not, I'm now making a 4 figure income just by doing this part time job! (And I'm still keeping my day job!)

The bottomline is, get your brains thinking and start looking for alternatives which could get yourself more money to save!

Absolutely right degeo! I'm glad you took action finally. I knew some people are excellent at saying, but when it comes to doing, hhhmmmhhh! cakap sajak pandai. Well, most people are too scared of losing money even though it only takes less than RM 50. The note RM 50 can only last 2 days for my fuel! So, guys, i recommend you all try something different from our parents! i mean, do something that our parents not yet did before eg. online businesses, e-commerce, affiliate marketing etc. This is the future! the future is Internet! Do invest some time to study online biz. Go try and analyze which one is best suite you. Make sure it's licensed locally or internationally.

money tak cukup guna...
thanks for this useful thread.

You're welcome. But the most important thing is TAKE ACTION!

yeah guys....taking the initiative is the beginning of you making your way towards your first pot of gold! it doesn't matter how long it takes for me to get there, as long as I GET THERE! if you guys wanna make it like me, i'm always willing to share! feel free to PM me.

Discipline !!

i disagree, savings is one of the main contributing factors to becoming a millionaire in US (look up millionaire next door, automatic millionaire) its not glamorous, but it has proven results. kiyosaki is not the only way to riches and financial freedom.

trunksku,

Not true. I know a couple that make 5 figures per month each as salary worker. And, they are FRUGAL. The husband's pension from the company alone is worth 2 millions.

Dreamer

You not only have to work hard, but learn to manage your money as well. Must be disciplined. Because high salary earner also can spend above their means if they do not control their spending habit.


My sister also thought of buying a car but she's worried about the current situation as well. Now she's thinking of buying a 2nd hand car with cash. No loans!. if you are getting loans for your car. You must make sure that you have the extra to pay for the monthly installment and also petrol + maintenance. When I bought my car few years back, I did not take into consideration this 2 things. End up suffering with the installment loan. This is the result of no financial management knowledge.


That's one of my resolution for 2009. that is to be discipline with my saving and control my spending habit

This is the most youngster problem, once graduate and start working without think of saving first, the first in their mind to think is to get a car or a house, eventually, become the slave of the loan taken.

The first step to be rich/wealthy is save or saving!

yup...after my graduation and got my 1st job, i stuck in 3 years loan with each month pay off 1k plus, and now my car already sold off, and get a 27k Iswara..... as car only for transportation and not to show off ,,,,,



after reading books written byBodo Schäfers,
the car installment should not more than 20% of your monthly pay, and car loan can not be more than 1 year of your yearly salary, so be wise and be smart

My point is saving will makes you comfortable, but it will not makes you become wealthy. You must understand the word rich and wealthy. Kiyosaki's advices will make you wealthy, ultra rich, ultimate investor. David Bach's automatic millionaire is good, but it is not for people who want to become a billionaire. There are many differences between saver and investor. But if you want to become millionaire nowadays is easy especially with the help of the internet. All you have to do is increase your financial knowledge, seek financial educations, attend seminars, read more books, listen to audio etc. The most important is Act!

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Added on January 2, 2009, 10:42 pmWow, million huh?? how old is the 'Husband' once pension. we want to make alot of money while we are young, retired young and rich. not 55, 56, 57?? don't you realised that you live in this world once in a lifetime, how can you say that you are FREE while other Peole have the authority to fired you, to push you and even you like it or not wake up every morning and stuck in a jam just to go to work???

This post has been edited by trunksku: Jan 2 2009, 10:42 PM