Thursday, March 10, 2011

Its all in your ATTITUDE

I attended seminar last March 5 and I learned many things. It is called Money Magnet Seminar by John Calub. They dont teach there how to get rich in an instant. Instead they deal with the things that are hard to accept, which is correcting the program we have in mind since birth. You know, Filipinos tend to think that being rich is bad or being rich will bring you to hell. But these things are misconceptions and I am thankful that I am enlightened as early as now. I am trying to de-program what I have in my memory (brain) so that I can attract wealth that will lead me to total financial freedom. I am applying this tools too to my son little by little by infusing the things i learned from the Seminar. The following are the most important point that I have learned and applicable to everybody especially for beginners on their quest to financial freedom. Sir John told us to maintain 6 Jars and do this always. It will really make a difference in our attitude towards money.

Jar 1 - I always have money account 
            1% of our gross income should be placed here and we will not withdraw the money for the rest of your life. Meaning, it will just deal on the mentality that I always have money attitude though literally you have because of this jar. Some loose change also can be placed here.

Jar 2 - Financially free me
            3% of our gross income should be placed here and the said amount will be reinvested in an instrument that will give passive income (income you get without working). There are many investments around so just keep an open eye for the opportunity.

Jar 3 - Abundant Spending
            Another 3% of our gross income should be placed here. Just determine how much money that you want and when that amount were already achined, spend all the money in this account only in ONE day. This will eliminate the guilty feeling we have everytime we purchase something. Do you like that new pair of jeans or signature bag displayed on the mall. Then this account is special for you.

Jar 4 - Yearly Income
            This is new to me. For this jar, you need to determine how much money you need to last yourself for a year. Put another 3% of your income to this account and try to reach that yearly income you have targeted.

Jar 5 - Tithing
            Even bible says we should set aside 10% of our income to tithing or donate it to an organization or church you belong to that brings spiritual guidance to us.

Jar 6 - Giving
            This jar is also new to me. This is for the alms that we give to the beggars on the street or the yearly fund raising activities in our place. We should set aside 3% of our income for this because it will work on our attitude of giving to others. How come we could give if we ourselves dont have enough to give away. So this jar is exclusively for giving.

I know you have noticed that these jars are not just jars. These are jars that will practice you to become conscious on our attitudes towards money. It might be small thing, but most of the time small things are very hard to do. So if you still want to push through your financial freedom journey, join me as we fill our jars full.

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