Friday, August 28, 2015

Importance of Exponential Income

This is worth Reading ;

Hungry Henry is applying for a job.

He walks into this nice office and meets a well-dressed fellow behind the desk. Henry smiles and asks him, “Sir, is there a job for me?”

The Man Says, “I’m actually looking for a general manager. you need to sign a contract for three years. Interested?
"Hmmm. Sorry for being upfront, but how much will I earn?” Henry Hungry asks.

The man says. “I’ll let you choose your salary.

OPTION 1: is I pay you Php 30,000 a month for 36 months.
OPTION 2: is I pay you one centavo on the first month and I double it every month for 36 months.”

Henry starts calculating. “Option 2 is interesting. If I choose that, I earn one centavo on the first month, two cents on the second month, four cents on the third month, 8 cents, on the fourth month, 16 cents on the fifth month, 32 cents on the sixth month… after 12 months of working with you, I would have received a total of… sheesh, P23!Sir, I need the money badly. I choose Option 1 where I earn P30,000 flat each month. By the first year, i’d already have earned Php 360,000. And after three years, that would a total to P1 million. I definitely choose Option 1”.

“Okay, if that’s what you want.” Then the man asks, by the way, if you choose option 2, do you know how much you’ll earn by the end of three years?“

"I didn’t finishing computing that option. It’s too depressing.”

The man Calculates in front of Henry hungry. “On the first month, you receive on centavo, on the second month, you receive two centavos…” He goes on and on, and Henry doesn’t mind him too much.He’s focused on the P1 million he’ll be earning in three years. He feels pretty good about himself.

Finally, the man looks up and shows Henry Hungry the calculator. “In 36 months, you would have earned P680 million. You exchanged that for one million. I’m sorry, my friend, I can’t take you as my General Manager. Your decision making skills are terrible.”

Let me give you the figures…(see picture below/above )

There are only two types of income in this world: Linear(Active) and Exponential (Passive)

Linear Income is like a piece of bread. You eat and its gone. After that, you have to look for another piece of bread.

Exponential income is like a seed. You can’t eat it at first, but if you plan it and wait for a while, you can eat as much as you want to.You have an infinite source of fruit if you keep on planting some of the seeds.

Many Filipinos today have only one income stream - their jobs - and jobs are linear income.

What is exponential income?

That’s what a regular employee earns when he invests in mutual funds and stocks. (So you see everyone can earn exponential income, even employees).

That’s what a NETWORKER earns when he/she builds a downline organization.

That’s what a store owner earn when he/she branches out, hires other store managers, or sells franchises of her store.

That’s what a distributor earns when he distributes his goods to various stores.

That’s what a real state investor earns when she buys profitable rental property.

Exponential income - also called passive income - means earning for a very longtime from work you did only once at the very start.

Hey, income is income. Earn linear income when you can!But invest your linear income so you can earn exponential income.

Because if you want to be wealthy, you need to find a way to earn exponential income.

Tuesday, August 18, 2015

Marriage: Lust Rust Dust

  Matrimonial State as Defined..... 



"Marriage today has become a failed institution because our society has failed to “learn how to be married.” People take it too lightly and treat it as a convenience rather than a spiritual covenant. Marriage is an awesome institution when it works but can be devastating to lives when it doesn’t."

People don’t realize that marriage is the hardest commitment for anyone to make.

They often treat marriage as a relief from guilt feeling or a covenient way to get out of the scuttlebutt rather than treating it as a spiritual covenant.

People are thinking how they can benefit from the marriage rather than how to meet the needs of their spouse and improve the lives of each member of the family.

Most couples don’t discuss their goals for the marriage or even ask WHY they are getting married. They don’t discuss issues of how they will raise their children, where they will live, how to budget their income, etc. They just rush into things like its a finish line.

Failed marriages are often the result of poor planning because the couple has not yet discovered, until it is too late, that they are not compatible to marry each other. 

Communication is mandatory if you want to get to know the person with whom you will spend the rest of your life.

 If one cant tell what his/her needs are, what irritates him/her, what his/her sexual needs are, how they feel, how they relate to each other, their weaknesses, they will feel as though their emotional nudity will result in rejection. 

   Fairy Tale Story 
   
Falling inlove or being Inlove is not enough reason to get married. You can’t live on love alone because what are you going to do when you don’t feel as though you are in love with your spouse at any time?

 There has to be more than love to proceed to marriage—a plan needs to be created. You need to determine what you want to accomplish in your future marriage and not just jump into it because you have the urge to merge. Ask yourself, “why am I wanting to marry this person?”  
    This is Marriage. More than any    paper 

    
Think about it, theres no rush.