1. 20% Rule at the early age
  2. Pay yourself first
  3. Learn the Stock Market & other Financial Instruments
  4. Put your money to work
  5. Know Rule 72
  6. Be a Minimalist
  7. Stay away from “Utang” – debt
  8. Write your journal and pass it on

Step 1: 20% Rule at the early age

Joseph’s Successful Management of the Food Crisis (Gen: 41:46-57; 47:13-26)

So Joseph established it as a law concerning land in Egypt–still in force today–that a fifth of the produce belongs to Pharaoh. It was only the land of the priests that did not become Pharaoh’s.

Many didn’t realise that saving a 5th of your income is an important factor in retiring comfortably; Joseph in the bible has proven it more than 2000 years ago – those who gave a fifth of their income survived and those didn’t have to do barter trade for food.

Start with an end in mind – save 20% of your income and ensure it goes to work (will discuss later where and how to invest)

Step 2: Pay Yourself First

“Paying yourself first means saving before you do anything else, “Try and set aside a certain portion of your income (20%) the day you get paid before you spend any discretionary money. Most people wait and only save what’s left over—that’s paying yourself last.”

NEVER EVER make the mistake – always pay yourself first and ensure that savings goes to work.

Step 3: Learn the Stock Market & other Financial Instruments

What is the Stock Market? Stock markets are where individual and institutional investors come together to buy and sell shares in a public venue. Nowadays these exchanges exist as electronic marketplaces. Share prices are set by supply and demand in the market as buyers and sellers place orders.

Remember the companies that are listed in the Stock Market are the ones that driving the economy – without them the economy will be dead. If you want your money to work hard for you – Start buying good companies (assets) & also they are IGA (Income Generating Assets) – they pay dividends and these dividends can be your passive income when you retire.

Best the stock market – there are other tools – Mutual Funds, Money Market, Bonds, Precious Metals and etc

Embark on the journey investing – YOU MUST MAKE SURE THAT your 20% goes to work.

Step 4: Put your money to work

Making your money work for you means taking control of your finances, then using that control to continuously improve your financial stability and security. You may eventually be able to gain financial independence or build wealth through investing. Everyday you go to work and you work hard but it will be a sad if the money that you earn don’t do the same.

You must and must give your money employment and ensure that they work hard for you. Money have no retirement date but you do…..REMEMBER THAT!!

Step 5: Know Rule 72

The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed annual rate of interest. By dividing 72 by the annual rate of return, investors obtain a rough estimate of how many years it will take for the initial investment to duplicate itself.

Remember always put your money at the right place so that they will work hard and bring you more. Ensure that you have at least 2 -3 Income Generating Assets that will give you good Dividends when you retire.

Step 6: Be a Minimalist

When you call a person a minimalist, you’re describing their interest in keeping things very simple. A minimalist prefers the minimal amount or degree of something. In art history, the minimalists were artists whose work involved extremely simple gestures and ideas.

Keep your cost low and that doesn’t mean that you don’t enjoy life. Basically we are here on earth temporarily – stop accumulating materials things but rather enjoy traveling, have fun somewhere and do what you want. If you have material possessions you are caught and you are cemented where you are. What a terrible life.

Step 7: Stay away from “Utang” – debt

Romans 13:8 Let no debt remain outstanding except the continuing debt to love on another. Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender. Psalm 37:21 The wicked borrows and does not repay, But the righteous shows mercy and gives.

If you don’t want to be a slave – stay away from debt – is as easy as ABC……

Step 8: Write your journal and pass it on

Writing a journal facilitates the growth process as you can establish goals, achieve emotional stability and connect to your inner self. Over a period of time, you will start to realize the small changes that affected your life and how writing those down helped you to avoid the same mistakes in the future.

The one that going to take your next lap – will know where you started and how you ended and they will learn and follow your footsteps


  • Start believing in yourself
  • “There are two kinds of knowledge. One is general; the other, specialized. General knowledge, no matter how great in quantity or variety it may be, is of but little use in the accumulation of money.”
  • Be a specialist and dare new things and make a change in your life
  • Have great friends that encourage savings and investing
  • Have also spiritual wisdom to handle your emotional part of your life
  • “Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action and directed to a definite end.”



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