Do you know why a high percentage of Lotto winners end up broke or in worse financial positions a few years after striking it lucky?
It’s because they don't have the mindset to manage that kind of money.
That’s why I always laugh when people tell me “All I need is to double my income and I'll be alright.”
It’s NOT always about how much money you earn, it’s about how you manage the money.
If you have bad habits earning $2,000 per month, you'll have bad habits earning $10,000 per month.
Type "YES" in the comments if you agree
同時也有39部Youtube影片,追蹤數超過361萬的網紅Dan Lok,也在其Youtube影片中提到,Did You Know That Compound Interest Is One Of The Most Fundamental Concepts In Finance? Knowing How To Make Money Work For You Is Essential To Buildi...
how to manage money 在 Facebook 的精選貼文
Y’all know that feeling of nostalgia when you look back at the photos of your army days? That feeling of should have, could have, would have?
It might not feel like such a long time ago (maybe because of ABTM), but mannn, its actually been 11 years since I ORD-ed.🤣
And now looking back, if I could turn back the clock, I wish I could have done a lot of things better. I wish I was more responsible and accountable for the people under my care, and the armskote duties tasked to me. Of course I can't deny the fact that these "mistakes" I made also shaped me to be who I am today. More than anything else (I hate to admit this - MAN EGO), but I wish I knew how to manage the allowance given to me by SAF like how @joshuatwe did with his.
Call him a miser or prudent or whatever, Josh saved a good 50% of his monthly allowance which at the end of the 2 years, accumulated to a fairly decent amount. As a matter of fact, had I known the power of compound interest back then, surely I wouldn't have spent ALL of my allowance on canteen food and partying. At the end of 2 years, I had ZERO savings and shamelessly drew allowance from my parents while other boys used their army allowance during their uni days.
The message I want to put across to you guys (those who are serving or have yet to serve) is, like it or not, you have to finish your 2 years, so why not make the best out of it. Use these 2 years to think carefully about what you would like to pursue in future, and also if you haven't started saving, no better time to start than now. Take this chance to find out how you can grow your money with compound interest (be it through @singlife’s offerings or ask around your circle of friends or read up online!).
Share with me in the comments below (for those who have ORD-ed), if there is one thing you can change about your time in NS, what would it be? Hear what @joshuatwe13 and @toshrock think too on their Instagram over the next two days! #singlifexcharlie #singapore #singaporearmedforces
how to manage money 在 Facebook 的最佳解答
Y’all know that feeling of nostalgia when you look back at the photos of your army days? That feeling of should have, could have, would have?
It might not feel like such a long time ago (maybe because of ABTM), but mannn, its actually been 11 years since I ORD-ed.🤣
And now looking back, if I could turn back the clock, I wish I could have done a lot of things better. I wish I was more responsible and accountable for the people under my care, and the armskote duties tasked to me. Of course I can't deny the fact that these "mistakes" I made also shaped me to be who I am today. More than anything else (I hate to admit this - MAN EGO), but I wish I knew how to manage the allowance given to me by SAF like how Joshua Tan 陈伟恩] did with his.
Call him a miser or prudent or whatever, Josh saved a good 50% of his monthly allowance which at the end of the 2 years, accumulated to a fairly decent amount. As a matter of fact, had I known the power of compound interest back then, surely I wouldn't have spent ALL of my allowance on canteen food and partying. At the end of 2 years, I had ZERO savings and shamelessly drew allowance from my parents while other boys used their army allowance during their uni days.
The message I want to put across to you guys (those who are serving or have yet to serve) is, like it or not, you have to finish your 2 years, so why not make the best out of it. Use these 2 years to think carefully about what you would like to pursue in future, and also if you haven't started saving, no better time to start than now. Take this chance to find out how you can grow your money with compound interest (be it through @singlife ’s offerings or ask around your circle of friends or read up online!).
Share with me in the comments below (for those who have ORD-ed), if there is one thing you can change about your time in NS, what would it be? Hear what Joshua Tan 陈伟恩] and @toshrock think too on their Instagram over the next two days! #singlifexcharlie #singapore #singaporearmedforces
how to manage money 在 Dan Lok Youtube 的最佳貼文
Did You Know That Compound Interest Is One Of The Most Fundamental Concepts In Finance? Knowing How To Make Money Work For You Is Essential To Building Wealth.
By Watching This Video, You Will Learn The Time Value Of Money As Well As The Core Principles Of Compound Interest, Such As The Differences Between Saving And Investing. Discover How To Manage Your Money Like The Rich And Dramatically Grow Your Wealth Through Compound Interest Now.
▬▬▬▬▬▬▬▬▬▬ Video Highlights ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro: How Does Compound Interest Work
0:19 - Simple Interest Explained
0:53 - Compound Interest Explained
2:05 - The Difference Between Saving And Investing
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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https://www.youtube.com/danlok?sub_confirmation=1
? Join my YouTube Membership to get access to EXCLUSIVE perks ?
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Check out these Top Trending Playlists -
1.) Boss In The Bentley - https://www.youtube.com/playlist?list=PLEmTTOfet46OWsrbWGPnPW8mvDtjge_6-
2.) Sales Tips That Get People To Buy - https://www.youtube.com/watch?v=E6Csz_hvXzw&list=PLEmTTOfet46PvAsPpWByNgUWZ5dLJd_I4
3.) Dan Lok’s Best Secrets - https://www.youtube.com/watch?v=FZNmFJUuTRs&list=PLEmTTOfet46N3NIYsBQ9wku8UBNhtT9QQ
Dan Lok has been viewed more than 1.7+ billion times across social media for his expertise on how to achieve financial confidence. And is the author of over a dozen international bestselling books.
Dan has also been featured on FOX Business News, MSNBC, CBC, FORBES, Inc, Entrepreneur, and Business Insider.
In addition to his social media presence, Dan Lok is the founder of the Dan Lok Organization, which includes more than two dozen companies - and is a venture capitalist currently evaluating acquisitions in markets such as education, new media, and software.
Some of his companies include Closers.com, Copywriters.com, High Ticket Closers, High Income Copywriters and a dozen of other brands.
And as chairman of DRAGON 100, the world’s most exclusive advisory board, Dan Lok also seeks to provide capital to minority founders and budding entrepreneurs.
Dan Lok trains as hard in the Dojo as he negotiates in the boardroom. And thus has earned himself the name; The Asian Dragon.
If you want the no b.s. way to master your financial destiny, then learn from Dan. Subscribe to his channel now.
★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★
YouTube: http://youtube.danlok.link
Dan Lok Blog: http://blog.danlok.link
Dan Lok Shop: https://shop.danlok.link
Facebook: http://facebook.danlok.link
Instagram: http://instagram.danlok.link
Linkedin: http://mylinkedin.danlok.link
Podcast: http://thedanlokshow.danlok.link
#DanLok #CompoundInterest #FinancialEducation
Please understand that by watching Dan’s videos or enrolling in his programs does not mean you’ll get results close to what he’s been able to do (or do anything for that matter).
He’s been in business for over 20 years and his results are not typical.
Most people who watch his videos or enroll in his programs get the “how to” but never take action with the information. Dan is only sharing what has worked for him and his students.
Your results are dependent on many factors… including but not limited to your ability to work hard, commit yourself, and do whatever it takes.
Entering any business is going to involve a level of risk as well as massive commitment and action. If you're not willing to accept that, please DO NOT WATCH DAN’S VIDEOS OR SIGN UP FOR ONE OF HIS PROGRAMS.
This video is about How Does Compound Interest Work.
https://youtu.be/jMoLkEcGHCo
https://youtu.be/jMoLkEcGHCo
how to manage money 在 Dan Lok Youtube 的精選貼文
How To Manage Your Money As An Entrepreneur? This Is Only One Of Many Profound Questions Dan Lok Answered At The Last SMART Challenge. Take Your Chance To Get Your Question Answered By Joining The Next SMART Challenge: https://moneymanagement.danlok.link
Managing money as an entrepreneur is completely different from managing money as an employee. Chances are, you are already good at making money. But how can you invest and keep the money? Watch the video all the way to the end to find out. Then, share this video with a fellow entrepreneur.
? SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ?
https://www.youtube.com/danlok?sub_confirmation=1
? Join my YouTube Membership to get access to EXCLUSIVE perks ?
https://www.youtube.com/channel/UCs_6DXZROU29pLvgQdCx4Ww/join
Check out these Top Trending Playlists -
1.) Boss In The Bentley - https://www.youtube.com/playlist?list=PLEmTTOfet46OWsrbWGPnPW8mvDtjge_6-
2.) Sales Tips That Get People To Buy - https://www.youtube.com/watch?v=E6Csz_hvXzw&list=PLEmTTOfet46PvAsPpWByNgUWZ5dLJd_I4
3.) Dan Lok’s Best Secrets - https://www.youtube.com/watch?v=FZNmFJUuTRs&list=PLEmTTOfet46N3NIYsBQ9wku8UBNhtT9QQ
Dan Lok has been viewed more than 1.7+ billion times across social media for his expertise on how to achieve financial confidence. And is the author of over a dozen international bestselling books.
Dan has also been featured on FOX Business News, MSNBC, CBC, FORBES, Inc, Entrepreneur, and Business Insider.
In addition to his social media presence, Dan Lok is the founder of the Dan Lok Organization, which includes more than two dozen companies - and is a venture capitalist currently evaluating acquisitions in markets such as education, new media, and software.
Some of his companies include Closers.com, Copywriters.com, High Ticket Closers, High Income Copywriters and a dozen of other brands.
And as chairman of DRAGON 100, the world’s most exclusive advisory board, Dan Lok also seeks to provide capital to minority founders and budding entrepreneurs.
Dan Lok trains as hard in the Dojo as he negotiates in the boardroom. And thus has earned himself the name; The Asian Dragon.
If you want the no b.s. way to master your financial destiny, then learn from Dan. Subscribe to his channel now.
★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★
YouTube: http://youtube.danlok.link
Dan Lok Blog: http://blog.danlok.link
Dan Lok Shop: https://shop.danlok.link
Facebook: http://facebook.danlok.link
Instagram: http://instagram.danlok.link
Linkedin: http://mylinkedin.danlok.link
Podcast: http://thedanlokshow.danlok.link
#DanLok #MoneyManagement #Entrepreneur
Please understand that by watching Dan’s videos or enrolling in his programs does not mean you’ll get results close to what he’s been able to do (or do anything for that matter).
He’s been in business for over 20 years and his results are not typical.
Most people who watch his videos or enroll in his programs get the “how to” but never take action with the information. Dan is only sharing what has worked for him and his students.
Your results are dependent on many factors… including but not limited to your ability to work hard, commit yourself, and do whatever it takes.
Entering any business is going to involve a level of risk as well as massive commitment and action. If you're not willing to accept that, please DO NOT WATCH DAN’S VIDEOS OR SIGN UP FOR ONE OF HIS PROGRAMS.
This video is about How To Manage Your Money As An Entrepreneur.
https://youtu.be/W7u9ZqaawbU
https://youtu.be/W7u9ZqaawbU
how to manage money 在 Crappy Blogger Youtube 的最佳貼文
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Apparently, stress and boredom cause you to indulge in your bad habits. I found it to be true as I always shop whenever I am stressed out.
It is a hell of habit as shopping kind of soothes me and makes me feel like I am doing something beneficial. In a way, I actually avoid thinking about that stressful moment.
But I end up wasting so much money and I don't even use most of the stuff that I bought.
How to stop bad habits?
1. Stop them from the root.
As I said my bad habit is to shop, so the root is the money. I made a budget and set a very limited amount of money to shop. So eventually I became well aware that I can't afford to shop because I am saving up for something else.
Before I did that budget, I used to blindly spend. I never actually cared to save up for anything. I always think "Oh, I would be able to manage it soon."
Only when I became mindful about my spending, I started being serious and took each spending into consideration whether it is vital or not.
2. Stop the distraction
Social media is made up of a world full of distractions and it is such eye candy to those who want to be spoilt. The number of ads I get for shopping is uncountable and the offers are so enticing that you will surely end up buying 4 mascaras from different brands at the same time when you don't even use one!
So what you do when this happens is STOP THE AD! There are buttons and settings around the ad where you can set it to " I don't want to see this". I did that to each and every ad I see about sales or offers until I got none.
The fewer sales I saw, the less I thought about SHOPPING.
3. Replace your bad habits
Some say you can't stop the bad habits, you can only replace it. Which makes a lot of sense. When you replace it, you will forget whatever you had before it. Instead of shopping, I can go to the gym or go for a walk instead. Exhaust me there, de-stress and completely distract myself.
I get an amazing body and I get to save so much money! What a winning situation right?