Introduction to a 6-figure idea [Personal Finance Lesson 08]

In the last few videos, we looked a few easy ways to increase the amount we have without having to make more. For most people, that is easily a few hundred to a few thousand more each year. The key lesson in making it happen was understanding what your current needs are and then finding the best way to fulfill those needs.

If you understood and implemented the last set of videos, you are easily better off than 50% of the population. But understanding and implementing the next set of videos will make you better off than 80% of the population.

So let’s get started.

Homework:

1. categorize your last month's expenses into these 4 categories
2. resteem and tell your friends to follow these next set of videos

How close are you to using the proposed ratio for these 4 categories? Are there expenses that you have that don't fall into any of these categories? Share your comments below!

Also, a friendly reminder that tomorrow (march 13 2018) I will go live with a personal finance session around investing in Malaysia (focused on unit trusts). There will be a post with the live link tomorrow just before 6pm as the session will start around 610pm. Hope to see you there!