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Earning money is a fairly routine and simple process.
We get up, go to work, and are paid at the end of the month.
For some of us it, it's the monthly allowance sent.
That's the easy part; now comes the difficult part: deciding how to spend it.
Don't get me wrong - we ALL know how to spend money - spending is a much easier and more enjoyable task than making it - but what I'm talking about is spending it WISELY.
This rule however helps with your budget process once any money comes in for you.
The first 50% (or half) of what you have is to be used for your everyday cost of living. Things like bills, food, car expenses and entertainment.
The next 40% of what you have is for investments. It can include investment properties, stocks and self education
The next 10% of what you have is used for all your wants. These include vacations or expensive products.
The 50/40/10 rule budget can be a great tool to build a good spending habit and for you to focus on a bigger picture.
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Steve Jobs was born on February 24, 1955, in San Francisco, California. He lived with his adoptive family in Mountain View, California
As a boy, Jobs and his father worked on electronics in the family garage.
His father showed his son how to take apart and reconstruct electronics, a hobby that instilled confidence, tenacity and mechanical prowess in young Jobs.
While Jobs was always an intelligent and innovative thinker, his youth was riddled with frustrations over formal schooling. Jobs was a prankster in elementary school due to boredom, and his fourth-grade teacher needed to bribe him to study.
Jobs tested so well, however, that administrators wanted to skip him ahead to high school — a proposal that his parents declined.
In 1976, when Jobs was just 21, he and Wozniak started Apple Computer in the Jobs’ family garage. They funded their entrepreneurial venture by Jobs selling his Volkswagen bus and Wozniak selling his beloved scientific calculator.
Jobs and Wozniak are credited with revolutionizing the computer industry with Apple by democratizing the technology and making machines smaller, cheaper, intuitive and accessible to everyday consumers.
Apple's net worth is estimated to be $2.08 trillion as of March 15, 2021.
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Okunade Boluwaduro
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🔹A paradigm is similar to a program put in your subconscious mind.
🔹It's a mental program that has near-total control over your habits.
🔹Almost all of your actions are automatic, when you think about it. You have a schedule that you follow when you wake up and when you go to bed and habits include the way you eat, exercise, work, relax, and wake up and sleep.
🔹Despite the fact that everyone has a paradigm, the majority of us did not construct it. It was passed down to us through our genetics and upbringing.
🔹Start the process of changing your paradigm by intentionally choosing new beliefs that are consistent with the behaviors you want to develop; one way to do this is to use affirmations. Find positive sentences that reflect the thoughts or habits you want to adopt and repeat them over and over.
🔹Another effective approach is visioneering, which is creating a new image of oneself being, doing, or possessing the things you desire.
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Napoleon Hill in his book explained that Poverty is attracted to the one whose mind is favorable to it, as money is attracted to him whose mind has been deliberately prepared to attract it, and through the same laws.
Poverty consciousness will voluntarily seize the mind which is not occupied with the money consciousness.
Poverty consciousness develops without conscious application of habits favorable to it.
The money consciousness must be created to order, unless one is born with such a consciousness.
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Do you know you can get paid for every friend or family you speak to about our products?😱
If you have been doing this before, NOW you can do it with a 15% compensation fee on any product!
If you haven't spoken to anyone about our product Now is the TIME TO DO SO,
Get paid for EVERY WORD OF MOUTH by following these 3 easy steps:
🔻Send a DM to @p_pearce
🔻Get your referral link
🔻Once a purchase is made through your link, you get paid🤑💰
The more successful trades you have the MORE MONEY YOU CAN GET!
Don't Sleep on This‼️
JOIN THE AFFILIATE TEAM TODAY
We all come across massive amount of information everyday. Every minute is an opportunity to learn more.
Lately, we are more driven by the latest trends and challenges, leaving a lot of what we have learnt behind.
Don't just read financial books because you are told to do so, implement them to your daily lives.
That is where real growth happens.
It's time to go back to your note books, jotters and books to refresh your mind of things you have learnt over time.
Go and watch previous videos and webinars you attended.
Remember my webinar "Rich in School, Broke at home?" watch it again.
Here's the link: https://youtu.be/KawmbRsPcBM
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HENRY FORD|🚗💨
Henry Ford was a legendary industrialist. He was one of the few men that made mainstream automobiles a reality. He was born into a family of farmers not the wealthiest of families, but not poverty-stricken either.
Henry Ford was a dyslexic (is a learning disorder that involves difficulty reading due to problems identifying speech sounds and learning how they relate to letters and words).
Because of this, he would repeat certain actions over and over, until he mastered them.
In his teenage years, his father had given him a timepiece which he later took to pieces just to see if he could piece it together again successfully, which he did.
He then did the same with other people’s timepieces and eventually, he repaired them too. Even though Henry Ford had Dyslexia he did not allow this “hurdle” to be a reason to give up.
In 1891 he met with Thomas Edison, who liked his concept of an automobile, so he allowed him to use his warehouses to manufacture two vehicles.
Ford was grateful but later built his own company so he could build the cars on his own terms.
This was short-lived, however, as the vehicles produced lacked the quality and precision Ford wanted and were horribly expensive. The business went under, but it didn’t stop him. Ford went on to build the Cadillac Automobile company.
After almost failing a second time because of lack of sales and high debts, more partners came into the business and the name was changed to the Ford Motor Company.
The Ford Motor Company generated around 156 billion U.S. dollars in revenue in 2019. Henry ford’s net worth revolves around 1.1 billion dollars.
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Every week, I send out a newsletter on Sunday by 7pm (GMT+1).
I reveal Financial Secrets that have made most of the successful people you know and talk about.
As usual, I have an amazing newsletter waiting to be read by YOU.
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Cheers
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Okunade Boluwaduro
Joe lives in Lagos Nigeria, and receives a monthly stipend of 40,000 Naira monthly.
Joe is super disciplined in his finances, and spends 1,000 Naira on food daily, and saves the remaining 10,000
Suddenly Joe gets information that the price of food items have increased, so Joe can't feed as much as he would normally
