Yesterday Was a Good Day!

Saturday... I went to another TAP class and it was one of the best days, I said one of the best because another best one is yet about to come. Sooner or later. It was an enlightening 7 and a half hours of the day, for un-learning, learning and re-discovering.

Let me share something I learned last Friday though. This is the result after a days tiring effort to try and learn trading techniques and graph reading I ventured into listening into some relaxing details. The are my take aways from  Patrick Stockhausen.

1. Define your spiritual purpose
You cannot have  religious cause without a financial cause. They are synergistically put together

2. Your identity.

3. What are your top five value? Most people think they have a value on money but they don't. They only have a value on what they can do with the money.

4. Beliefs on money. There are people who thinks the rich people are bad and that poor people are good. As per sir Tony Herbosa, "Those who use to tell you that you can never have enough money be rich are usually the people who have never had any serious wealth."

5. What you believe is possible in the world.

6. Have a high sense of self worth. What you believe you deserve. Have a sense of self worth and net
worth is related. What's more important to you and you do that.

7. Belief on your capability.

8. Master your emotional state what you focus on. You act according to what you feel. Master your emotions.

9. Your goals, Asset allocation, Reinvestment strategy. immediate gratification cost you money, long term vision makes you money. timing the market, does to make you money than time in the market

10. Create Your predictable income. do not have to have a business in order to be wealthy. You just have to have a predictable source of income. Let your money make more money. PAY YOURSELF FIRST

11. Wealth building and planning process.

12 Your team, your members, you mentors. Who you hang out with is who you will become. Make sure you have the right mentor.

Have the reason first will make you do things consistently the things at the bottom. That's why you need to start from the top.

Today is my birthday, so it's another day 1 of the next 365 days ahead after the next day 1.

Lessons I Learned from Breaking Bad

***This is a re-post from my personal blog that I don't share the link to, but since I think this is also appropriate for this blog, and so, I posted it here as well, not just the link. Spoilers ahead to those who have not yet watched the TV series.***

My husband and I finished watching the last episode of the season finale of Breaking Bad. I know we came too late, since the show has already ended last year and people already know who Walter White was as a chemistry teacher turned meth cook, turned drug lord "Heisenberg".

Downloaded from online, we both watched it from season 1 episode 1 until season 5 episode 16, which was the last episode "Felina," to close the whole Breaking bad saga. It the best show on TV with it's best crazy ending!

Now why is this Mormons girl watching a tv show with questionable morals. We'll because I wouldn't keep watching it if I didn't learn anything from it. I just can't stop like many other fans out there. Along with watching the Series, I also learned some little piece of wisdom here and there, and I will enumerate it here:

*Even if you're not interested much in it, try as much as possible to listen to your chemistry teacher.
     Chemistry is not very much interesting to me when I was studying it back in high school, and college since our class for it was held after lunch. I always feel dozing off thinking that my teachers are so boring or it must just be the way they would discuss on the chemical components of stuff. In reality, chemistry has an everyday use. As Mr. White has put it, "Chemistry is the study of TRANSFORMATION!"
     I use to think that hydrofluoric acid was just used to clean our bathroom and toilet. I never thought that you could dispose anything with it using a barrel of plastic container, even a dead body. So who needs to spend for funerals? Just kidding!

*Learn how to negotiate, delay it a little bit.
     There are different ways to do it. Some negotiations are easier than others, but nevertheless, no matter how hard of a shell the person you are talking to, if you are persistent and know how to delay it a little bit, you might just get the deal. Take for example Skyler's negotiation when she was trying to buy A1 Carwash. At first the owner doesn't want to sell it to her.Using her accounting skills, she was able to pay someone else to help her change the owner's mind.
     Later, while transacting over the phone, Skyler was sticking to her guns about the price. After a few minutes of consideration, The seller rang her phone again, she made it ring a little bit more to make the guy on the other end of the line wait. When she answered the phone, she got the deal that was in her favor.

*Love your family no matter what, forgive them if they make mistakes, and love them even if one day they will hate you.
     One good thing about Walter White's characteristic is even though he turned into a notorious person of a druglord, he loved his family no matter what. He forgave his wife's infidelity, although at first he was mad about it. His son hated him after finding out about what he does to earn a living for his family. Calling him names that a dog would not even eat, but still he left him 9million720thousand dollars to be given on Flynn's 18th birthday, trusting the help of  Gretchen and Elliot.

*Never stop so long as there is market to fill for your products.
     When Tuco Salamanca died, Walter found Gus Fring... When Gus died, he dealt with Mike and Jesse and Lydia. Walter believes in his product and he believes in the market that he could fill, so he kept on going. Sidenote: If you want to keep going, make sure it's legal.

*Don't work too hard just to sell out. 
     I love that part of the episode where Walter and Jesse were conversing about the business and buying out for 5million. Jesse told Walt, that when he first met him, all he knows is that what Walt only needed was 737thousand dollars for his cancer treatment. He said to him that 5million is not nothing. Then Walter explained that he had not worked hard just to sell out.
     He then briefly told the story about the company he once co-founded.back in grad school called the Grey Matters Technology, when he made a business mistake by buying out, now the company is worth billions with the B. He then emphasized to Jesse that he is not in the meth or money business but that he is in the empire business.

*You have to learn how to be rich, the poor can only manage.
     One of the conversations between Gus and Walter, back when Gus was one of my favorite character, for some reason, not all hehe... It was because Walt wants to get straight into business with that is why he went up to see him, but Gus was taking some time smelling and enjoying the food. He was like come taste the food that I cooked, . What he actually said to Walt was, "You're a wealthy man now Walter White, you have to learn how to be rich, the poor can only manage."
     This advice can be good for anyone who has ambitions in life. After some hard work, take time to relax even just a bit. Work again once your rejuvenated, that is the way of the successful people. .

*Learn the rules so you know how to break them.
     Yes, it is an old adage but from watching this TV series, Walter was a good example of it, since he had been breaking the law. He also keeps a sleazy lawyer Saul Goodman handy, and calls on him when things don't go well, so somebody can clean up the mess. Morally what he'd been doing has always been questionable, but he's never gotten caught because he knows his way out, though I could also say that Gus was always ahead.
     Towards the end, he used the help of Gretchen and Elliot to get the money to his son. He did not do it in person because he knew it was drug money and that the government will not let his family have it if they found out. With this he decided that if Gretchen and Elliot were to be the alleged benefactor for it, it would seem so legal considering the two are funding for an organization that helps meth heads get back on track with their lives. For Walt, going through Elliot and Gretchen to give his son all the money he's got left,would leave him no suspicion that a father who cared so much for his son and family provided for their needs though that money was acquired by an illegal means.

*Finish what you started.
     Every time they get screwed, it was always Walt who would do something to fix the situation. The Season finale ending was great and bitter because, Walt was able to tie all the lose ends of it all, killing all the guys who killed his brother-in-law and threatened his family, though whatever happened to Jesse was left to the audiences, to judge and make theories of.
      In life, though sometimes people leave us hanging, It is always better to finish what you started and say goodbye when it's time to let go.

So, there! Those were the things that I've learned from watching Breaking Bad.You might say, well I've been discussing good things that happens to bad people. Then I say this, you are already a good person, you may learn from the foolish but don't do foolish things. I'm just writing down the positives, you can leave the bad stuff behind, you won't need that. Cheers!

Simple

Have you ever wondered what the rich know that the poor people don't? Or what is the secret to being rich? 

The answer is: THERE IS NO SECRET TO BEING RICH!

To be rich you just have to keep things simple. It is a matter of learning where to put your hard earned money into. Many people nowadays are aware that they do need Financial Education but they know not where to find it. The reason is because they are wrongly trained at home. 

I was watching this show on TV called The Most Outrageous Kids Party on TLC channel, where a mom from Utah, celebrated her little girl's birthday way out of budget, with costumes, cakes and everything including the gifts. One scene that caught my attention is this: While the dad was trying to dress up for his kid's costume party, he said in a somewhat hesitant sad tone "The things I do for my kid...." not knowing that it was his wife's idea to throw a big party that cost more that what he will be earning in the next three months. This made me feel so sorry for the husband.

As much as parents wants to give everything that is best for their kids sometimes they go overboard buying stuff that are already out of their budget, and worse the one that gets them into unnecessary debt. Sometimes it's our own wants what lead us to buying such things. Our keeping up with the Jones's attitude, not knowing that the Jones's are also keeping up with the Smith's and so on and so forth without knowing that whoever they're keeping up with are also struggling with their own personal finances.

That is why only 5% of the world's population are considered the minority. While the 95% are the ones that thinks the minority are the only ones that have the right to be rich.What people don't know is that we all have the right to be rich, and it doesn't take a genius. All it takes are simple baby steps like the one shown on this video:

Simple!