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Lesson No. 6 – Basic rules and techniques
for increasing the incomes and decreasing the personal expenditures
(that is for getting rich).
We hope that, by means of these courses, we shall change your
mentality as far incomes and expenditures are concerned. Rules...
rules... rules... by the way, can you drive? I don’t know how
you learned, but my instructor taught me many things about clutch,
throttle, brakes... and all of them were so logical... but when
I started the real driving.... God .... the engine stopped about
five times... and the instructor told me that others were even
worse... Now, after so many years, I don’t think any more when
I press the brake, throttle or clutch pedals, everything is just
a series of simple actions... the car is running without my thinking...
To be rich means guiding yourself upon certain rules, to do what
you are doing in a certain manner... The simplest rule on how
to get rich, valid only on the short term (my parents’ favourite)
is: “Change your job to a better paid one”. Do you think that
my parents observed this rule? No… all their life they had the
same job... because they considered it a safe one and because
they were afraid of another rule: “To have the courage to make
today a step that will give results only tomorrow”.
A lot of people tell me that I’m lucky... probably I am, but
luck is something that does not depend on us. However, I’ll promote
that kind of “luck” that will be created by us. A lot of people
told me ”.. yes, but you had a starting capital and a stable salary
and the bank granted credits to you, we have a different situation...”.
What can I say..., I had indeed a capital of 5 000 $ (half of
it was borrowed) and that salary, but, in my opinion, the example
shown in the previous lesson is just an EXAMPLE, and in order
to get some money from investments you only need money... Mind
me, I didn’t say “a lot of money”... it’s true that if you want
to get a lot of money you need a lot of money, but for getting
money (I repeat myself here) you need money, and everybody has
money. The first lessons of this course will teach you how to
change the structure of your budget, reducing your expenditures
and thus saving some money. Even if you wish to earn by investing,
you can start from these „savings”.
In Ianosh Demeter’s opinion, the world can be divided, from the
financial point of view, into two categories: consumers and producers.
I’ll teach you what to do so that to consume, but to be paid for
it ... I’ll teach you to produce, and after that to spend... to
be rewarded for the sacrifices... and to see the world with an
investor’s eyes.... I’ll tell you more during the course about
these two categories and about what you can change into yourselves
in order to be what you want to be .... believe me, it’s very
simple and what’s very important – it depends only on you...
- An overall view
on the Incomes and Expenditures Budget and the classical methods
of taxation for a natural person.
- Analysis of the
Incomes and Expenditures Budget, of the prospect and of the
methods used to increase the incomes and to decrease the expenditures.
- Where does money
come from, why and how it is taxed, depending on its source.
Test of evaluating the financial skills and the incomes. Basic
notions of Financial Education. The 45-year plan.
- The world of the
rich is a world that lives according to other rules. We begin
with the beginning, and the beginning is changing your way of
thinking.
- Preparing a Plan
to obtain the financial independence.
- Basic rules and
techniques for increasing the incomes and decreasing the personal
expenditures (that is for getting rich).
- Types of Investments
and types of Investors. Active Investments. How we can generate
an Active Investment.
- Identifying, attracting
and using external resources - Other People's Time, Other People's
Money, Mentors and many other absolutely necessary things.
- DREEEAMS ! I understand
that if I invest I earn money without working... but where from
can I get money to invest? Financial leverages. Pirghiile financiare.
- The Past and
Visions on the World Financial Future. Why is it good to be
Rich? Ways of protecting the Investments.
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