UNDERSTAND INFLATION & BE CLEAR OF KIND OF LIABILITIES & ASSETS.

Real income refers to the income of an individual or group after taking into consideration the effects of inflation on purchasing power. For example, if you receive a 2% salary increase over the previous year and inflation for the year is 1%, then your real income only increases by 1%.

I STARTED TO CHART DOWN ALL MY ASSETS AND LIABILITIES.

WHAT I FOUND WAS ALARMING?

I had very few expenses compared to investment portfolio and assets in hand; but my weakness was that I was not clear of how to monetize and convert them to cash. I started to put everything in perspective. I focus on my “CASH COW” and invest a lot of my energy, resources, time and money into the “CASH COW” programs that I have in-place.

NEXT WAS CATCHING THE RIGHT INCOME AND IDENTIFYING THEM – PUTTING EVERYTHING IN ITS PLACE AND ENSURE INCOME IS COMING EACH MONTH SO THAT I AM ABLE TO STAY AFLOAT EACH MONTH AFTER MONTH AND PROGRESSING.

I was totally shocked that I was actually doing well but in my mind I thought I was failing each day….scared and withdrawn – when I started to put things in writing and identifying each item and activities I was blown away. My encouragement to new comers – always put everything in writing and be visual.

This is an example of my own online business and I am expanding this online business to different sectors – children wears, hardware, electoral goods, cosmetics, agriculture and many more.

NOW I STARTING TO LOOK FOR RE-SELLERS AND ALSO PUT ALL MY PRODUCTS @ Amazon, shoppee, alibaba, lazada and many more….I am extremely excited in coming days, months and years…

There was a time I thought I have lost everything but the Good Lord – closed the door of laziness and open the door of entrepreneurial.

The next edition I WILL write about how I am going to start my SPA & Movie Zone and Ibrra Resto & Bar.

Article by” D’Parlei Marketing and Services.

 

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FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

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