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Showing posts with label Wealth Books. Show all posts
Showing posts with label Wealth Books. Show all posts

Tuesday, January 11, 2011

Wealth Within Your Reach Pera Mo, Palaguin Mo by Francisco J. Colayco

Francisco J. Colayco is one of my mentors towards financial freedom.  I have not met him personally but I can reach him through his books and seminars  under the Colayco Foundation for Education.  

I read Wealth Within Your Reach Pera Mo, Palaguin Mo a few years back and it is a good book to motivate us towards our goal.  It has in-depth discussions on financial independence and makes us understand its importance. 

It also shares stories of successful entrepreneurs and how we can learn from their successes and failures.

This is a must read for every Filipino living here and abroad most specially those who want a clear understanding on financial wisdom.

It does not only talk of the  basics on financial independence but most importantly, the hows and what can be done.  

Here's a summary of Francisco Colayco's Pera Palaguin Commandments for Financial Freedom:
  1. Pay Yourself  First
  2. Define Your Financial Target At Each Phase
  3. Stop Spending On Things That Decline On Value
  4. Protect Your Greatest Income Generating Asset: Yourself
  5. Grow With The Economy And Beat Inflation
  6. Trust The Power of Compound Interest
  7. Assess Risks and Options: The Higher the Return, the Higher the Risk
  8. Make Money Work For You
  9. Invest And Diversify
  10. Use The Power Of One: Strength In Numbers
Click LINK To Buy Book Now!



Friday, December 10, 2010

The Millionaire Next Door

I enjoyed reading The Millionaire Next Door by Thomas Stanley and William Danko.  The authors studied the lives of wealthy Americans almost scientifically.



My “brief” review won’t do justice to the book.  I just featured it in my blog because it motivated me to my goal of becoming rich someday.

While reading the book, you would be surprised that wealthy Americans don't live in posh neighborhoods or drive luxury cars.  They don't even wear the most expensive suits or take extravagant vacations.

Surprised yet?  Being wealthy in America doesn’t necessarily mean having a high annual income.  In fact, not all  high-income producing individuals such as physicians,  lawyers belong to this elite group.

Stanley and Danko identified seven common denominators of real millionaires:
  • They live well below their means.
  • They pursue wealth very efficiently.
  • They have little interest in social status.
  • They got no financial help from their parents.
  • Their adult children pay their own way.
  • They identify profitable markets.
  • They choose occupations wisely.
The book opened the possibility that anyone can become wealthy in spite of having low or middle-income.  Don’t fret if you don’t belong to the high-income bracket yet because in most cases, high income translates to high consumption and upgraded lifestyle.   

The book also made me realize that time is our ally.  The earlier we start the richer we become. 




You may buy the book online at Amazon.  Click LINK now!
  

Wednesday, December 8, 2010

The Ultimate Book Of Inspiration (And Wealth)




Books are one of life’s greatest gifts to mankind.  Reading a good book transports you to another world and stimulates your imagination.  Some even move you to a call to action (like what happened to me).

I like reading books that inspire the way I live my life.  And I recently discovered the ultimate book of inspiration which draws waves upon waves of inspiration and love.

Truly, the Bible is “THE BOOK.” 

I studied in a Catholic school during grade school and high school and they always encouraged us to read the Bible but sadly, I never practiced this.  And now, I look forward to reading it. 

The Bible is truly, truly amazing!  I finished reading the New Testament and currently reading the book of Judges in the Old Testament. 

I want to continually read the Bible so it becomes a habit and read as many versions so the inspiration never ends. 

I know I’m off-topic. This was supposed to be my intro on  the book, The Millionaire Next Door.  I hope you don’t mind that I digressed…

Now back to regular programming.


Saturday, October 9, 2010

Conquer Your Fears And Start Wishing (From souldfood@bosanchez.ph)

Imagine that you just arrived in a foreign country.
And you got lost.
And worse, when you checked your wallet, you ran out of money.
And you’re starving. 
You haven’t had food the whole day.
So you walk into to a giant food area. 
Around you are various food stalls selling hot congee, steaming noodles, and giant sandwiches.
Your mouth waters.
So you decide to ask for free food.
You rehearse your speech: “I’m from the Philippines. I just arrived yesterday. I’m lost. Can you spare me some food? I don’t have money with me.”
But then something stops you.
It’s an emotion you know very well.
You think to yourself, “What if they don’t believe me? What if they think I’m just fooling them? What if they think I’m just a con artist looking for a free meal?”
So you throw away the plan. 
You try to find your way home instead, leaving the food stalls, overflowing with food.
Three Fears That Can Stop You From Success
       Fear is a powerful thing.
       The reason why you don’t ask is because various fears:
1. You fear rejection.
       Rejection stings.
       Someone says, “I can’t help you.”
       But instead, you hear the words, “I don’t like you.”
       2. You fear disappointment.
       Disappointment can crush you.
       So you lower your expectations by not asking.
       3. You fear you’re not worthy.
       A poor self-image will keep you from asking.
       You think you don’t deserve to be helped by others.
       But here’s a basic Law of life: If you want to get what you want, you have to conquer your fears.
What Happens When You Ask
       Let’s go back to the example above.
       You decide to feel your fear—and ask anyway!
       You approach ten food stalls one after another.
       Nine food stalls owners drive you away and curse you in three different languages you don’t understand.
       But the last one, a kindly old man named Mr. Chan said “yes”. He gives you food with a gentle grandfatherly smile.
       You slurp it up like a dog.
       Mr. Chan was moved with pity, he even gives you bus money and directions how to go back to where you are staying.
       The next day, you come back to pay him.
       He declines, saying he really likes helping people. 
He then introduces you to the other Store Owners who are now apologizing to you. You brush your hand and say it was nothing.
       You gain a few friends in the giant food center.
       You tell them that you cook delicious adobo and wondered if they could sell it for you. Three storeowners agreed.
       You make your first delivery and it was a big hit.
       After one year, you also marry Mr. Chan’s handsome son named Jackie, but that’s another story altogether.
It pays to ask.
Being rejected nine times out of ten is okay, hmm?
Join Me At The Feast
       If you want to learn the power of wishing and how to fulfill your hearts desires, join me.
We’re starting a new 4-part series called Wish! at our weekly gathering, The Feast.
       Join me and change your life forever.
       I’m personally inviting you to get into this new series and redirect your destiny.
       Where is The Feast?
       I lead the one in PICC, Plenary Hall, every Sunday.
       We’ve got two sessions to choose from: 8am and 10:45am.
       By the way, you don’t pay anything to get in. 
Nada. Nothing. Zero. Zilcho.
Except your presence, your time, and your openness to the exciting things that God will do in your life.
Other Feasts In Metro Manila
and Beyond
       There are other Feasts that are held in various places in Metro Manila and suburbs, led by my dearest friends and the most fantastic lay preachers in the country. They too will be giving the series, Wish!, starting this week.
       For information on times and places, email Annie at feastsecretariat@yahoo.com.  Or call up (02) 7259999.
Friend, join me at The Feast.
And get ready for a slam-bang, out-of-the-world, inspiring, life-altering series that will bless you forever.
       May your dreams come true,
       Bo Sanchez
PS. Warning! If you’re not ready to be exceedingly blessed, don’t come. But if you want a river of blessings to enter your life, join me at The Feast. For more information, email Annie at feastsecretariat@yahoo.com or call (02) 7259999 now!
PS2. Not In Manila?  Living Abroad? I’ve created two online experiences that will make you grow in your personal life: (Best thing? They’re Free.)
First, get inspiring Bible reflections everyday plus Kerygma magazine online.   Sign up at www.KerygmaFamily.com now!
Second, get twice-a-week personal “whispers from God” that will blow you away by their sheer simplicity and power.   Sign up at www.GodWhispersClub.com now!



 

 

 

 

Monday, October 4, 2010

Download PSE Primer Entitled "Building Wealth With Stocks"

Here is a link to download PSE's Basic Guide To Investing in the Philippine Stock Market.  Don't worry,  it's easy to understand.  Just breeze through the parts that seem too technical.  What's important is you keep on reading.  Better yet, ask me your questions and I will do my best to answer them.




 

 

 

 

Thursday, September 30, 2010

How It All Began

I would like to share how I gained interest in financial literacy. In the process, I hope you will benefit from it as much as I did.  

I was not fond of reading books of any kind until I saw Bo Sanchez's 8 Secrets of the Truly Rich.  I got curious and read it.   I finished the book in 2 days and my life was never the same again. 

I discovered that I was a traditional saver in banks and had no clue on how to build wealth.  The book opened my mind to an abundance mentality and taught me how to ride vehicles to wealth.  

The book prompted me to many life-changing decisions that I will post in this blog.  It lead me to many wealthy discoveries that I will to share with you. 

Here's a quick summary of the book:

Secret#1: Be Totally Responsible for your Success
Secret#2: Enlarge your Psychological Wallet
Secret#3: Get rid of Crazy, Religious Beliefs
Secret#4: Be Totally Committed to your Dreams
Secret#5: Raise your Financial IQ
Secret#6: Ride Something to Wealth
Secret#7: Have a Bias for Action
Secret#8:  Win in All Areas





I strongly suggest you get a copy of the book available in all National bookstore branches  or you may click link  National Bookstore to buy the book online.  


You may also visit Shepherd's Voice website 1st Chapter to read the foreword and introduction of the book.  I assure you, you will be amazed with so much learning!


P.S. Do share on how the book changed your lives as well. I'd like to hear them! :)