Motivation

Everybody hates to fail, but sometimes they conceded that they fail. They fail to do something that they want, they fail to get something that they desire, and they fail to act when necessary. After they fail, they tend to give up and did not try again. These people did not motivate themselves and they sulk when they fail. People who earn success did not sulk, if they did, they will come back stronger until they find success that they need. This people are the one who always motivate themselves that they can find something that they want and what they desire.

That's why motivation is a strong tool for success. Motivation is also tools for those who want to be debt free and free from financial difficulties. Managing and facing debts are really tough job that required you to be mentally strong. I have encounter many people who fail and just give up. This people lack motivation. They did not read motivational book thus dail to motivate themselves.

There are always source to motivate yourself. Reading motivation books or even better, reading financial motivation books. I find that Robert T. Kiyosaki books are not only increase your financial IQ, but it also motivate yourself to become stronger. Even Mr. Kiyosaki motivate himself when he is in difficult position and look where he is now. If he just give up, he will not be there to guide us.

People who dare to fail and don't give up usually find success. But motivation is an important tool to achieve what you want in life. I really recommend you to find Robert T. Kiyosaki books. Read it until you can motivate yourself and that is when you are prepared to taste success.

Planning For Puasa

Some thought that you can save more money during fasting month. But this is proven wrong if there is no dicipline in urself. The urge to spend is greater especially when u go to bazaar Ramadan. As the dusk arrive, your will get more hungry thus making ur 'nafsu makan' go higher.

Tips to save during fasting month:-

1. Don't go to bazaar Ramadan, instead you cook for yourself. This alone can save you about RM 100-200 ringgit during this month depending on your family size.
2. If you still want to go to the bazaar, bring just enough money to buy what you only need. You don't need to buy more than 2 type of dishes.
3. My friend favorite method to save money is by eating at the mosque or surau.LOL

Thats the only tips that I can think of right now, if you have ideas, you can share it by commenting this post.

Importance of saving while young

It is very important right now to educate the young generation on the financial planning subject especially to the high school students and college students. During this time, their parents tend to give weekly allowance and usually in large amount. They tend to use the money to buy something to eat during school and for entertainment purpose such as buying magazine, games, going to cinema and cyber cafe. Usually during the end of the week, there will be no money left as they spend all money to do all things that stated above.

During this time, they did not know the importance of having a saving because they rather have fun first before thinking of the future. This must be change to prevent them making financial mistake when they getting older. Parents must encourage their children to save their money by opening a unit trust account for them and tell them the benefit of having a saving for themselves.

The earlier u save, the better your future.

Increase your financial IQ

Everybody can increase their financial IQ. Financial IQ is very important as you can easily understand and interpret the financial vocabulary and jargon.

For example, you must know words like bull and bear if you want to invest in stock market.
If you want to invest in Real Estate, you must know all the words that can be used so it will be easy for you in the future.

How can you learn this words. Gain this knowledge by reading lots of books. I really recommend Robert T. Kiyosaki books. You can also learn in the net. There are a lot of blog that teach us all about financial.

This is the one of the blog, Financial Plan & Product blog, Esprit De Corps and many more. Just Google it and there will be tons of information waiting to be digest by your thought.

Another Financial Blog

Some of you guys might want to know some of the financial tools available in the market. It is as important as planning your finance because financial planning needs a suitable financial tools. Like building a house, you need all kind of tools and material. It is the same as planning your financial.

Here is the blog that might interest you. A blog that talk about financial product that available in Malaysian market right now.

Financial Plan and Product

It is actually my fathers blog. I am the one who ask my father to do this blog as a way to educate people on financial planning and the products itself. Maybe he wont venture into the investment product but he will so some review on some products that consumer in Malaysia can take advantage of and learn how to use the product wisely. Have any recommendation on others financial blog? Just comment on this post