Showing posts with label personal finance. Show all posts
Showing posts with label personal finance. Show all posts

Friday, December 12, 2008

Become a World Class Debtor Guaranteed! By Angeline Ng Mei Lin

In our world, there is a group of people who never cease to amaze me. We should emulate them if we want a guaranteed path to become a world class debtor. Their ability to amassed enormous debts in their life is simply amazing. Followings are the traits required to qualify as glorified world class debtor.

- Their philosophy in life is to resist any money making methods at all cost. Money is evil! Having money will invite more troubles to their lives. The fear of having money is ingrained in them through a systematic programming.

- The classic channel which is one of my favorite is there is always some poor souls for them to blame for all their troubles. It first started with their parents, siblings and even their spouse. They are the most available and convenient channel as there will be minimal resistance. They are so good at it that their victims actually believed that they are responsible for all their failures.

- If the blame games fails, there is always a reason for all the failed financial decision made. The never ending of justification is sure way to increase their debts. There is always a reason to justify for any purchases. All expenditures are then construed as major investment .

- There is a always time to clear the debts owed and minimum payment to ensure the continuance of the credit line. Why bother clearing all the outstanding debts when they can afford the interest incurred. If all the resources are fully utilize, the financial institution are their best friends that they can count on for a higher credit line.

- The lack of drive in improving their financial standing in society will put any energy saving program to shame. They are always on the saving mode therefore their performance are at the optimal!

- The ego in them is overwhelming. They are the expert in accumulation category and they reject any attempt to digress.

Financial freedom is an alien word to these classified group. Their main objective is to live life to the fullest however they fail to understand in the event of their death, the authority will pursue their estate to settle their debts.

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Monday, December 8, 2008

Wealth Creation Begins With Mindset By Angeline Ng Mei Lin

Have you ever wonder why some people use to have it all? Most us will just shrug it off, thinking it's just a stroke of luck coupled with a touch of envy.

Majority of the population are being conditioned by the notion that if we succeed in college our future will be promised with job securities hence a secured future. The question that hits us all when we reach our mid life is, why are we still in the bottomless pit? The never ending funnels that sucked us into black hole of debts. We start questioning our purpose in life and the whole process starts all over again.

That brings me to the observation I have made. The rich or the elite society, why they deserved to be abundant. The most important characteristic from this privileged group is their believe that they deserved to be happy and rich. Happiness are our birthrights and money is attracted to happiness. That leads us to The Law Of Attraction.

All of us are an ultimate magnet within and if utilise correctly, we can attract wealth in forms of knowledge, monetary matter and mental health. Unless we take responsibility for our action for the state we are in now, we will continue to fall into this pit hole. Justification and blaming the whole world is a guarantee for our journey to our doom.

By embracing change of mindset, it is not going to change our life immediately, we need to take action for our new objective. Facing it grudgingly with a burning desire, drive and act with commitment to upgrade our state of mental happiness and financial position.

Then we can begin to ponder our purpose in life to achieve financial freedom so we can serve our loved ones and community in general. For further information. Visit us at : How To Generate Money


Article Source: http://EzineArticles.com/?expert=Angeline_Ng_Mei_Lin