Writing in English:
Recently I’ve
- Got 50,000yen in stock investment
- Managed tax payments (postponed and divided into 9 payments, instead of payable at the end of this month)
- Kids education fund
- Astonishing power of emotions
50,000yen (500USD) gain on stock investment
I have about 1m yen in stock investment (mainly Japanese venture companies, less than 50b yen market cap)
Monday this week I bought 1 stock, its price increased by 15% by Thursday so I sold it and gained 50,000yen. It feels great when I can make money without actually working. My labor hourly wage is about 2000 yen, so this is worth 30hrs, equivalent of a week of hard work. I usually spend 50,000 yen very easily on a fancy dress, or a pair of shoes and a bag, in 10 min shopping. So it’s very easy to spend 50,000 yen, but it takes a week of boring labor. Or, when I am lucky I get it from the stock market, without hard working. I don’t like getting paid for no reason but I like easy money so why not pursue this direction?
Money is easier to make when you have a lot of money. I have a good amount of money that attract more money. When you don’t have money, there are reasons that you don’t have money. So eliminate those bad reasons first before you try to make money. Bad habits will make you poor, for example,
- You are not taking good care of your self
- You are not taking care of money that you already have
- You are ignorant of how money works
- You are ignorant of how people can help you
Let me explain in detail:
Reason 1 - You are not taking care of yourself.
Negligence, is visible and noticed by the second I see other people. Someone taking good care of him/her, I notice very well by the attire, posture, color they wear, skin tone, smile, everything shines through and tells me that this person is taking good care of what they have. Take good care of everything you have is a good way to start accumulating wealth.
Reason 2 - You are not managing the money you have.
Poor people remain poor because they do not know how to handle payments and revenue. It’s exactly like weight management.
You have to spend more calorie than you take into your body, if you want to lose weight. It’s very simple, but not easy. Recording your spending will always help. Recognize your spending of money or time (time is money) and see where you can save your money and time. Declutter and sell whatever you are not using. Try to offer your service to wealthy happy people. Choose good clients. Don’t hang around fellow poor people if you want to get richer. Choose your environment.
Reason 3 - You are ignorant how money works.
If you have wrong perception of money, it will be difficult to attract money. Money attract more money. Joy attract more joy. Friends attract more friends. Poor behavior will attract poor results. Again, it’s very simple. I have a million yen, it’s easy to gain 10% of it, by not working but by investing. 100,000yen is hard to make in one day, but easy to make when I already have a lot of money.
Reason 4 - You are ignorant how people can help you.
You feel poor when you feel alone. You are rich, when you know you are surrounded by your family and friends who will help you when you need. It’s not the mere amount of money you have at the bank, but the confidence that you will be able to manage difficulties in the future because you are helpful and insightful for other people and you know it very well. You know that if you lose all your money today, you can start building your wealth tomorrow by helping others, that is the kind of confidence you should accumulate, if you fear the future, start working on your confidence at the same time start learning about money.
#Thinkandgrowrich
#napoleonhill
#richdadpoordad
#howtowinfriends
