Further to my jottings yesterday, I have two more points to add:
1. Work for Money vs. Asking Money to Work for You
The reason most of us wake up every morning to brave traffic jams getting to jobs we barely like is bacause we are working for money. Let us renew our mindset and start thinking how to put the money we have earned to work for us either through investments or our own businesses. Again resist the mentality to earn more so that you can spend more. The opposite should be true, earn more, save more and invest more.
2. Mind your own business.
I am employed as an Internal Audit Manager and this is my PROFESSION. What is my business than? For me its managing my stock portfolio.
The job we cling on to is our profession but the income from our profession must flow into our "business".
Our business must ultimately be able to generate a passive income. E.g. stocks gives you dividends, apartments gives you rental income and a car wash gives you cash collections.
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