Self Appraisal A little boy went to a telephone booth which was at the cash counter of a store and dialed a number. The store-owner observed and listened to the conversation: Boy: “Madam, can you please give me the job of cutting your lawn? Woman: (at the other end of...read more
Rewiring your brain to become More Calm and Loving… The Boss was retiring. Everyone had tears in their eyes on the day of his farewell. One of the employees said, "Sir, there is one thing we want to learn from you. You worked here for so many years. Leave aside about...read more
Your Key to Success & Happiness All of us want two things out of life -- Success and Happiness. And one common denominator for all success and happiness is other people. Merely learning how to get along with people is no guarantee of either success or happiness....read more
The key to successful human relations The real key to successful human relations is learning as much as we can about human nature as it is, not as we think it ought to be. Only when we understand just what we are dealing with are we in a position to deal with it...read more
You can get what you want & help others at the same time. Right now you have in abundance many things that other people want. Offer these things to others and they will gladly give you success and happiness in return. Maybe you have never fully realized that you...read more
Once you have decided to become wealthy, the second most critical step you must take is to learn to SAVE.
A part of all you earn must be yours to keep. You must keep aside at least 10% of your earnings every month, before you plan your expenses. And make that 10% money inaccessible for expenses. Instead invest that amount such that it starts earning money on its own.
So learn to pay yourself first. Many people have built their fortune by paying themselves first. It’s as true and effective today, as it was during your great grandparents days.
Several years ago when I heard about this principle, as a self-employed small time professional, I would first pay for my household expenses and EMIs and then pay salaries to my staff. And I was still broke every month. So make no such mistake.
Paying yourself first means keeping aside the 10% of your income and investing it for your future, never to spend it till you retire.
If you are earning, let’s say Rs. 10,000 per month. With small discipline, you can learn to live on Rs. 9000 every month. And when you do that by the end of the year you will have Rs. 12000 in your bank. Re-invest that money while continuing to save 10% of your monthly income.
This one habit alone can make you a millionaire over time. Learning to live on 90% of your income is the most important and critical habit that you must learn, if you wish to become wealthy in your life.
On request, I could share with you another effective formula of how to use the remaining 90% of your income in a balanced way so that within 48 months of practicing it you can experience abundance in your life; without any exception.