We
had a great guest speaker in Financial Literacy. Justin Prince shared with the
class some very important thoughts about how to prepare for and manage your
life. Below are some of the highlights, as captured by the students in
attendance. If you missed this opportunity or even if you were there but
found it difficult to "drink from the fire-hydrant" here are some key
points to review:
Secret to getting rich... Pay Yourself First
10%
Charity/Tithing
10%
Saved
10%
Invested (The #1 investment is yourself! Learn new skills.)
70%
Spend
Elements of Success:
1.
Ambition
Always
do more than what you’re paid for as an investment for future
The
marketplace is your employer
The
market place will pay you what it thinks your worth
We
are paid by the value that we bring into the marketplace
Dream
big
2.
Mentor
Give
your mentor permission to hold you accountable.
Have
multiple mentors. Pick mentors that are the best for each facet or your life.
Surround
yourself with great people, those who believe in you
Learn
from the mistakes of others OR learn from your own.
It's
far better to learn from the mistakes of others.
Drive
Time Learning: Use this time to read/listen to great information
You
tend to earn the average of your five closest friends... choose well.
Apply
what you learn, this is what truly makes you extraordinary
3. Opportunity-
Life
is the challenge to become more than ordinary.
NET:
No Extra Time
It's
he that doeth the deed that hath the power.
Do
the thing you fear the most and the death of fear is certain. (If you don't
like checking skyward/checking account, then you must check it often and the
fear will go away.)
Never
quit on a bad day
Make
words physical. Live your life so that your words are meaningful
Maximize
the potential of every opportunity
You
are paid what the marketplace believes your worth. The more you demand of the
marketplace the more the marketplace demands of you. Are you worthy of the
price you demand? Can you become worthy of the price you desire? You absolutely
can be worth what you want from the marketplace.
How to be successful… 4 ways to increase your value in the marketplace
Read
Rich
Dad Poor Dad, Miracle Morning, Richest Man in Babylon
Listen to good things
Surround
yourself
with great people
Apply what you learn
How to shake hands:
Look
them in the eye
Give
a sturdy grip
Say,
"Hi, I'm (use your full name)" - With confidence
Ask,
"How are you doing?"
There is no power in mumbling. If you’re going to say something,
say it and own it!
When you’re hungry you want to grind up your grain seed to make flour to eat. But if you grind your grain you will have no seed to plant for the future. You've got to give up the thing you want now for the thing you want most. If you plant some of the grain seeds now you will have food for your future.
The
Poor use their income to pay expenses.
The
Rich use their income to buy assets that are used to pay expenses.
Assets
= Investments or Business's
For more information or to connect with Justin:
Enter code: 564914 to receive $10 off your purchase.
