How To Retire With Millions

I got this article (I tweaked it a little bit) from Bro. Bo Sanchez, a bestselling author and one of the best financial speakers in the country.

This is the story.

One day, a man got lost walking in the desert. The next day, he was still lost. After two days under the scorching sun, he was very thirsty. All of a sudden, he saw a little wooden shed. He ran to it, thinking of only one thing—Water!
When he arrived there, he saw an old, rusty water pump sticking from the ground. He gripped the handle and began pumping like a mad man. But nothing came out. Disappointed, he stepped back and wondered how to make it work. Looking around, he saw a jug covered with dust. When he grabbed it, he saw a piece of paper stuck on it. The message read, “Open this jug and you’ll find water. Don’t drink it. Pour it instead on the pump. And you’ll have all the water you want.” He popped the cork.
True enough, the jug was filled with water. Lovely, thirst-quenching, water. Now imagine you’re that thirsty man.
For two whole days, you haven’t drunk water. Your mouth is so dry, your tongue is sticking to the roof of your mouth. You’re literally dying of thirst. And you’re now holding a jug full of water. But the message says that you should throw it away!
For a moment, your heart is torn. What if the message was a joke? A cruel prank? What if you poured the water on that rusty pump and nothing happened? But the man in our story chose to take the risk. He closed his eyes, took a deep breath, and poured the water.

He held the handle and pumped like crazy. A few seconds later, torrents of water gushed out. Indeed, he had more water than he could ever need! He drank to his heart's content. He also found water containers to bring with him in his journey and filled them up to the brim. But before leaving the place, he filled the jug with water. And underneath the sign attached to it, he scribbled, “I tried it. Believe me, it works.”

You Have A Choice:

Drink Now Or Drink Forever

This is a great picture of why people are poor.
The money that you hold now, no matter how small, is like that jug of water. And you always have a choice: You can drink now or you can drink forever. You can have money now or have money forever. How? By investing. A lot of people don’t invest.
They spend whatever they have. I’ve met people who earn P10T a month or 50T a month or P500T a month—and they spend everything. (Yes, I’ve met a lot of high-income poor people!) That’s why their money pump remains dry. And they’ll remain poor forever. It really doesn’t matter how much people earn. What matters is how much they invest. Investment is a crazy decision. It’s as crazy as pouring that last jug of water into the pump.

Friend, you have money now.
It may be small but you have it. And you’re standing in front of a money pump. Actually, three money pumps:
• Business: Traditional, Franchise, Networking, etc.
• Property: Rental Property, Buy and Sell, etc.
• Paper: Bonds, Mutual Funds, Stock Market, etc.
But today, I’d like to focus on the “Paper” money pump.
Not everyone can start a business right away.
Not everyone can buy a property right away.
But almost everyone can invest in Paper Assets.
Friend, you have a choice. Will you simply consume your little money? Or will you pour it into the money pump—so that it produces more money for you? I call this sowing in time of famine.

Don’t Wait For Better Times Before You Invest

In the Bible, Isaac sowed in time of famine.
Crazy, right? Shouldn’t you keep whatever seeds you have to eat?
But because he did that, the Bible says, that year he harvested a hundred times as much as he had sown, because the Lord blessed him. He continued to prosper and became a very rich man. Wow. If you want to be rich, you need to sow in time of famine too. When you have very little money, that’s the time to invest.
Here’s a promise: The seeds that you sow in time of famine will give you your greatest harvest too.

Do you want to prosper? Here’s a Bible passage that will tell you how.

Invest When Your Money Is Small

Proverbs 21:20 says, The wise man saves for the future but the foolish man spends whatever he gets.
Are you wise?

If you are a 25-year-old and you start saving around P3500 a month, by the time you are 65-years-old, you will have around P4,000,000. Not bad right? Having an extra P4M in your account by the time you retire invested at 10% per annum interest, will have you earning an extra P33,000/month aside from your social security benefits.

Compare this with a 20-year-old who starts saving the same amount (P3500/month), at the age of 65, he will have around P6.6 million extra which means if he's investing that amount at 10% per annum interest, he'll be earning an extra P55,000/month, aside from his social security.

The earlier you save, the better.

So, invest for your future. Stop delaying. Your decision today can affect the kind of life that you will have when you retire.

If you want to know more about investing for your future, join our FREE financial education classes. To book a spot send your email to: grow_your_money@rocketmail.com



Live a better life! It is your God-given right! To your success,

Josh Royon

DO YOU LIKE MONEY TO WORK FOR YOU?

Most people go to school/university to learn how to work for money (get a job), but never spend time to learn how to let money work for them (how to become the boss of money which is more important). If we work hard for the money, we should also make sure money will work hard for us. When money is working for you, it's great because...

Money doesn't get sick
Money doesn't stop working
Money doesn't complain
Money doesn't go on vacation
It works 24 hours a day
It works even on holidays
It's very loyal to the boss(you)

The only problem is it doesn't work if you don't have any SAVINGS!

Copyright: International Marketing Group

THE COMPLETE FINANCIAL PLAN

In our lives, we are faced with two basic questions regarding our existence.

Question no. 1

WHAT IF I DIE TOO SOON? Who will take care of my family?

SOLUTION: Life Insurance


Question no. 2

WHAT IF I LIVE TOO LONG? Who will take care of myself?

SOLUTION: Investment & Long-term Healthcare


3 MAJOR FINANCIAL NEEDS (to complete your financial picture):

1. INVESTMENT - to generate continuing income for you when you retire (Money Working For You)

2. INCOME PROTECTION/LIFE INSURANCE - to protect your family if you die too soon - life insurance protection can help you replace your income, help finance your children's education, pay estate tax, pay debts, etc.

3. HEALTHCARE - to provide you healthcare when you retire (or when you stop working). How comfortable is your healthcare situation after age 60, depends on a decision you make today.


Healthcare Crisis:

- Medical cost doubles every 5-7 years.
- A lot of sick people die not because there is no medicine but because of no money.
- Majority of Filipinos do not save money for their future healthcare needs.
- You cannot bring with you the healthcare benefits provided by your company when you retire or resign.
- No traditional healthcare company covers ages 61 and up.
- Most people rely on their children, or sell properties, or borrow money for their medical needs during retirement.
- Majority of Personal Bankruptcy is due to Medical Crisis.

My friends, what if I could tell you about a product that provides complete solution to your 3 major financial needs? A company that provides total solution to your Healthcare, Investment & Insurance needs. A three in one product!

Send your emails to: grow_your_money@rocketmail.com

Protect your future today!

May your dreams come true!

Josh

Life Insurance and Investment

I AM YOUR LIFE INSURANCE POLICY.

You and I have similar purpose in this world.

It is your job to provide food, clothing, shelter, schooling, medicine and other things for your loved ones. You do this while I lie in your safe deposit box.

I have faith and trust in you. Out of your earnings will come the cost of my upkeep. At times, I may appear insignificant to you - but someday (and who knows when) you and I will change place.

When you are laid to rest, I will come alive and do your job. I may provide food,clothing, shelter, schooling, medicine, and other things your family will continue to need - just as you are doing now. When your work and labor are done, mine will begin. Through me, your hands can carry on.

Whenever you feel the price you're paying for my upkeep is burdensome, remember that I can do more for you and your family than you will ever do for me.

If you do your part, I will do mine.

Sincerely yours,

Your life insurance policy



Life Insurance - When Filipinos hear these words, negative thoughts always comes flooding the minds of most Filipinos. Life insurance? What is it? I don't need it. Life insurance companies are only enriching themselves. I don't need life insurance. My salary is enough. My savings in the bank is enough. But is it really enough? How can we exactly determine how much life insurance an individual must have?

According to the experts, the formula for determining how much protection or insurance a person needs is: Annual Income x 10 = Protection(Insurance)

So, for example, if you're annual income is 240,000 (20,000/month), then 240,000 x 10 =2.4M. If you have 2.4M, then your family is protected. Why? Because if the family you left behind invests that 2.4M in an investment vehicle that yields a 10% interest rate per year, that investment will be earning 240,000 per year or 20,000/month, in interest. So the family you left behind is still earning the same amount you have been earning when you were still alive. Get the point? If you love your family, you have to protect them. You have to make sure that they won't struggle when you are gone. If you have a new car, would you not insure it? Of course, you will. Which is more important then, your life or your car?

Your next question may be, "Where will I get that 2.4M?" The answer is simple. Insurance. Get a policy that will give you that amount in the event that you die. What insurance company? There are lots of insurance companies out there that offers good protection and the question remaining is, "Is that company financially stable and well-managed?" That's where our financial education sessions come into the picture.

Through our financial education sessions, we teach you the best ways to invest and grow your money in a proper way including teaching you which investment and insurance companies are good to put your money in.

If you want to attend our free financial education sessions, send your email to: grow_your_money@rocketmail.com

May you grow financially,

Josh

Fundamentals Of Financial Planning

The world is changing fast. It wasn't all that many years ago that with a little hard work and careful budgeting, most families could realize their dreams of buying their own home, sending their children to college or retiring in relative comfort.

But in the blink of a generation, the financial landscape changed dramatically for today's families, who face an uphill battle to realize even one of those dreams. Skyrocketing costs, mountains of debt and lack of savings have forced families to downsize or even eliminate their dreams-to settle for far less than their counterparts a quarter of a century ago.

Each month, families find themselves walking a financial tightrope, hoping to stretch their resources just far enough to cover expenses and to avoid that one false step-a pink slip or a medical crisis-that could send them plummeting into ruin.

Not many years ago a parent can raise 10 children. Now the 10 children cannot raise a parent. Today, a couple, both working can hardly raise 2 or 3 kids.

But it doesn't have to be this way. You shouldn't have to compromise your dreams. Taking a practical approach to finances, one that incorporates powerful financial concepts and programs to provide you with the information and tools needed to make smart choices, is what you really need.

There is a need for widespread financial education. People want to know how money works and how they can make it work for them.
But how do people gain this knowledge?
Schools rarely teach it.
Families hardly talk about it.
Unfortunately, unless people understand the power of money, they can't put it to work for them.

Fortunately, there is an institution here in the Philippines that teaches all these things for free. Things necessary to make a proper financial planning that will eventually bring you to financial independence that you and your family deserve to enjoy.
Send your inquiries to: grow_your_money@rocketmail.com

Leave your comments here and be sure to check-out my next post on this site.

Live your dreams!

Josh Banate

THE VALUE OF SAVING THOSE SMALL CHANGE

Many people think that the only way to earn big in savings, you have to save big! Have you tried saving a considerable amount in the bank? How much interest did you earn? Let me tell you this. I have a P500K (Five hundred thousand pesos) time-deposited in one of the leading banks here in the Philippines. Do you want to know how much interest I earn per annum? 2%! That's not a typo and you're not hallucinating. It's two percent! It's like I'm earning P700 per month for my P500 thousand savings. Do you think If I keep on saving like that, I will retire financially secure? I don't have to answer that. It's obvious. We'll maybe if I have millions in that same account, then it's another story. But I don't have millions. Many of us don't have millions to save. Even having a hundred thousand in savings is not easy for most of us. So you maybe asking, what's my point? My point is, is that you actually don't need to save tens or hundreds of thousands or even millions to be able to earn big. The secret is in continuously saving. Even at small amounts. Did you know that if you save at least P34 per day (that's nothing compared to what you spend in your coffee), in 35 years you will have P5.8 million! And that's just for P34 per day! I can easily save more than that. But how do you do it? Getting this P5.8 million out of saving P34 per day? Attend our Free Financial Education classes and you will be taught how to squeeze the most out of your savings. You will be taught how to get out of poverty, how to prepare yourself to a happy retirement with millions in your account. God bless you and may your dreams come true!

If you want to attend FREE Financial Education classes, e-mail: grow_your_money@rocketmail.com or hornetsnest29@yahoo.com for details.

Why It Is Good To Invest

Do you ever dream of becoming financially independent one day? What is financial independence? Financial independence is when you don't anymore rely on your work for your financial needs. It is when you are not working for the money, but, the money works for you instead. How do you achieve this? Through investments. Investments in a business venture or investment in paper assets (i.e. Mutual Funds, Bonds, Stocks, etc.) A successful investment in any of these two or a combination of these two can surely bring you financial independence. Of these two, paper asset is the easier one. why? Because for a small amount of money, you can start investing and you don't have to spend much of your time looking after it. How much do you need to invest? I've met a lot of people who said that investing is only for the rich. No wonder why there is only a few percentage of the 90 million Filipinos who are rich because of that wrong mentality. They would not have that kind of mindset if they were only properly financially educated. It is this lack of financial education that is the root-cause of this ignorance. In one of the Financial Education session I have attended, I learned that in the United States, 95% of the savings goes to investments and only 5% goes to the bank. In the Philippines, it is the exact opposite! 95% of the Filipinos' savings are in the banks and only 5% are invested. Now you know why in the Philippines, the rich gets richer and poor gets poorer. Low financial IQ. The truth of the matter is that, you don't have to be rich to start investing! In the case of Mutual Funds, you need only P5000 to open an account in one of the Philippines top mutual fund company and then for the succeeding months, you can put in as low as P1000/month. For how long? It depends on how much do you want to have. Do you know that if you have the discipline to save at least P1000/month and then invest it in a mutual fund that gives you a 12% interest rate per annum, you will have P5,813,557 in 35 years? You might say, "That's too long!" Well then, try putting that same amount in the bank for 35 years, do you think you'll get the same amount? We're only talking of P1000/month or P34/day! What if you can save more than that? If you stop drinking that very expensive coffee, if you stop that habit of buying unnecessary items, I'm sure you can save more than P34/day. Sacrifice just a bit, and you will reap your abundant reward. But be on guard against SCAMS! Before investing, be FINANCIALLY EDUCATED first! There are risks in investments. But when you are financially educated, you can easily manage these risks and come out successful in the end. My friend, know that there is no shortcut to financial independence. Growing your money is not an overnight phenomenon. It took Henry Sy about 50 years to bring SM to where it is today. Money takes time to grow. That is why, the earlier you start saving/investing, the less money you need to invest but the more you will gain. The earlier you achieve financial independence, the earlier you can retire and start enjoying life to the fullest!

Be blessed so you can bless others too!

Josh

P.S.
We are regularly conducting FREE Financial Education sessions. If you wish to attend, and I strongly advice that you attend (it is for FREE and no one else is doing it), send your email and your contact details to: grow_your_money@rocketmail.com or SMS me at 09196227997. Learn how to start your own business (this is not NETWORKING!) for as little as P4000. Yes, just a P4000 capital and you don't have to leave your present job.