How to be a millionaire from a poor employee. (part 1 )

Are you one of the company’s employees who always complain on the given salary? Are you desperate with your country inflating faster than your increment? Are you thinking of the reason why your salary in this year is more than last year but your monthly saving in your bank does not increase more?

I believe everyone in the world is a financial planner. From the day you start schooling, you have your pocket money. Generally, your pocket money should be increasing yearly since you realize what life is. You will find out your expenses are actually increasing. Human has inner characteristics of demanding, dissatisfaction in current situation, curiosity, follow, objective oriented. No doubt, due to these characteristics, people tend to the growth. Therefore, human is improving themselves by day to day.

During your kid time, you saw the one who is sitting besides you had bought a new pencil case. Your brain starts generating a chemical mechanism that you also wish to have the same happiness. And your mind is not strong enough, you will be influenced by asking a pencil case from your parents when you are in shopping. Although everyone is unique, on the other hand, people tend to duplicate, leveraging, sharing, similarity, familiarity, and reciprocity. 90% over of people like to follow what other people is using. It is because people always feel unsafe especially when using something which is new. So from time to time, people may observe what is famous or used from surrounding. Due to this reason, advertiser gets those well known superstar in their advertisement. High percentages of those superstar admirers will follow to try on the products.

During your high school, you begin to open up your eyes bigger to see new things in the light. You are asking for branded wearing, stylish sport shoes, cosmetics, communications accessibility, and youth entertainment program. Your have more expenses. No, I shall say your parents’ expenses increase. When you are doing your university life, I believe you can start realize the materialism world is only because of supply and demand. At that moment, you are paying no matter your money or your effort for your future. This may be the last time of getting free pocket money. After that, you are taking full responsibility to get a better job with a better salary. At the same time, you feel energetic on targeting your first bucket of gold. After getting the monthly paycheck, you start planning about how to manage your salary. It will be a big trouble if you do not know how to manage your finance. Here I am going to estimate on the monthly usage, lets say your initial pay is $2000. You may divide it to 30% for house expenses, 20% for transportation and communication, 25% personal allowance, 5% for insurance, 20% for saving. 20% can be the backup of any aspect. If luckily you are able to keep 20% as your saving. You will have $400x12= $4800 and plus one months bonus after one year. What do you think you can do with this $6800. Are you going to invest them in the stock market as what your colleague is doing? Futures? Option Trading? Currency Trading? Real Property? Or dump into mutual fund for long term investment? What is the highest return over risk? Please read my next articles.