emmanuelkumah: Rules of "The Money Game": 3 and 4

In my first post on the rules of the money game , we dealt with the rule 1 and 2 that is Paying yourself first and saving what you have payed yourself. Hope you where inspired by it. Well as i have already said, money is a game and those who knows the rules win the game with easy. Without knowing the rules of the game of money  you would spend years playing the same game but never winning, how frustrating!
I would love to continue with the rest of the rules of the game called money, would you want to know more? Then relax and enjoy the game of  MONEY

RULES OF THE GAME:MONEY

Rule 3: Develop Life long Habit of Saving.
In this rule ,you would have to grow and develop a habit  of  saving all the 10th of the money you have payed yourself in a selected mutual fund, depending on your financial needs.You should begin by asking this question: What is the purpose of the money you want? Answering this question would help you know where to channel the money you have saved into.
I must confers developing the lifelong habit of saving and investing your money is not easy. It requires tremendous determination and willpower you should also do a due diligence about the company you are investing you hard earned money seed-cause the reward you get from working is not a fruit of your labor but the seed ,for it will  grow into a money forest if planted well. You have to set it as a goal, write it down, make a plan, and work on it all the time. But once this practice locks in and becomes automatic, your financial success is virtually assured. Ready to develop a positive habit of saving and investing the saved money?

  Rule 4: Practice Frugality,frugality,frugality!

Practice frugality, frugality, frugality in all things. Be very careful with every penny you spend. Question every expenditure. Delay or defer important buying decisions for at least a week, if not a month this is important because the longer you put off making a buying decision, the better your decision will be and the better price you will get at that time,learn how to buy stuffs when they are not in season as the price would be very high when in season. Do not buy stuffs in bits ,buy in bulk-cause this would help you save much money and channel you time in a productive activity.If you are able to have a discount on a purchase ,keep it in a saving jar until the drops of coins becomes great money seeds to be grown on a fertile soil. Did you get that! Don't eat your eggs before they get hatched.




 What Next? Is your Turn:
So how are you coping with the game,are you getting the rules well? Don't worry at first it may seems difficult but keep on enjoying the game. I would like to hear from you,so feel free to drop a comment and share this with your friends on other social networks. See You Soon

Emmanuelkumah:The Rules of the Money Game

Have you ever woken up one day only to realise their is no money on you? Did you ever wondered what that money was used for? Well ,you are not alone , soo many people get alot of money from their job only to wake up to find out that the bag of money has dissappeared within a day.

Well my friend, money has wings and so when you misteats  it,it  would quiclky fly away from you.Money is a defense and would bring you much joy if you know its rules, it is often said that money is a game and those who knows the rule always wins.

Do you want to know the rules of the  money game? Then you are not alone in this money crazy world. Today ,i would be sharing with you the some of  rules of the Money game,and know that it is the rules that makes the game, you only wins when you go according to the game, as you apply them you would feel confident and much prepared to face the future.Are you ready to know the Rules?

The Rules of the Money Game

Rule One (1): PAY Yourself FIRST: IT is not how much money you make that matters, it is how much you keep. Most people pay all their debts when they recieve their paycheck, they pay their light and utility bills and children fees and even spend more than they earn , without paying the most important client :You, resolve today that you are going to save an invest at least 10 percent of your income throughout your working life,the remaining 90 percent may be all yours to spend,but remember to keep one tenth of every money you earn, know that the money you earn is not a fruit  but it is a seed,saving 10 percent of your money would help grow the money seed into a money tree one day. Take 10 percent of your income off the top of your paycheck each time you receive one and put it into a special account for financial accumulation.It is that simple , do it and let me know the outcome ok!

Rule Two(2):Save Throughout Your Career:  What then do you do with the 10 percent you have payed your self? The fact is that if you save just $100 a month throughout your working lifetime and you invest money in an average mutual fund that grows at 10 percent per annum, you will be worth more than one million dollars by the time you retire. This means that anyone, even a person earning minimum wage, if he or she starts early enough and saves long enough, can become a millionaire over the course of his or her working lifetime.You should then develop the habit of putting all the money you pay yourself down,channel it into a saving account for some time, do not consume the seeds of the fruit now.Developing the habit of saving is a sure way to financial indepence and freedom, you would also have the time to do the things you enjoy most in life as the seed of money you are planting would be germinating and oneday then into a tree,with so many fruits to enjoy.Good habits are hard to form but when done consistently,they can transform into a marvelus life.Are you ready to develop the habit of savings?
  What NEXT?, IS YOUR TURN

The money game has just begun,do not sit on the fence,tell your friends to get on board by sharing it on other social networks like facebook, it may transform someone. Be sure to visit this blog as we continue with the other rules of the Game, and you would be transformed.Thanks

Personal Development: The Melancholic Temperament

Do you know that ,you temperament can influence the kind of job you could do?

And do you really know your temperament as an individual or you still doing the guess work? Well today, i was talking to a friend who wanted to take up a job as a sales person which is predominantly taking over by the sanguine temperament, so we ended up discussing the major temperaments and their strength and weakness of those temperaments. You can check my other postings on the distinction between character ,personality and temperaments.
Let's get going and deal with the melancholic temperament.
Melancholy,I would tell you about this temperament in a few minutes. Are you ready
What is the Melancholic temperament?
Melancholy is often the known as the “black” or “dark” temperament.
Actually he is the richest of all the temperaments, for he is an analytical, self sacrificing, gifted, perfectionist type,with a very sensitive emotional nature.No one gets more enjoyment from the fine arts than the Melancholy. Do you enjoy the fine arts-painting, dancing , sketching? Then you may be a melancholy
Melancholy is prone to be introvert by nature,but since his feelings predominate ,he is given over a variety of moods.Sometimes his mood will lift him to heights of ecstasy that cause him to act more extrovertish.However, at other times he will be gloomy and depressed; during these periods he is withdrawn and can be quite antagonistic.

Does a Melancholy easily make Friends?
Melancholy is a very faithful friend,but ,unlike the Sanguine, he does not make friends easily, he will not push himself forward to meet people but lets people come to him. He most a time with drawn when he or she attends any occasion and would not take the step in meeting you, Does these describe you?
If yes, What Carriers would be best for you?

Careers of Melancholy

Most of the world’s greatest   -composers,artists,musicians,inventors,philosophers,theoreticians,theologians,scientists ,and dedicated educators have been predominantly Melancholies.
One vocation that would attract the melancholy,surprisingly enough ,is acting,even though we tend to identify this profession with extroverts.
Any vocation that requires perfection,self sacrifice,and creativity is open to Melancholies,But they tend to place self-imposed limitations on their potential by underestimating themselves and exaggerating obstacles.
  What Next? Is your Turn
Now that you have learnt a little about the melancholic temperament do a self analysis and see if it fits you.Let me also hear from you how did you find the information, drop me a comment. You are free to share this info with your friends on most of the social networks. Follow me on facebook and twitter and let's get going. Thanks
See you soon, hope you have enjoyed discovering your temperament

Emmanuel Kumah:Setting financial Goals

Money has become one of the most used but the least learn t about resources in the world.So many people dream of having huge money without knowing what the money would be use for.Financial goals are important for any one who would love to leave a life free of debt and are daring to enjoy financial freedom in later years.
I met a young man in Accra, Ghana, who had made the decision to make his future bright by dimming his desires today. And he shared with me some realistic and financial goals about money I do not mind letting you know.
The five decision he shared with me was from Robert Allen’s book Multiple stream of Income
Are you ready to set some financial goals? Do you want to live a life free of worry about money? Then let's get going.

The five decision to make about your money seeds

1. Target: How much total money would you like to accumulate? It is not enough to say you want money, how much money would fulfill your needs. If you believe $1 million would help you reach your goal put it down on paper.

2. Amount:Because your target is to accumulate $1 million, you need to put aside some amount of money every week ,or month to enable you get your target, this comes with habit of squeezing some few money out of your life to reach the target, you need to deny your self those instant gratification ,so as to put aside some amount of money.You should also learn the habit of budgeting in order to direct some of the money to achieve your financial objective.

3. Rate: What interest rate can you earn on your invested dollars? You need to put those accumulated money in a high yielding investment package so that you would  reach the target you have set for your self. Remember you are loaning  your hard earned money  to someone to use and so you should get a return higher than the money you parted with .If 20% interest rate would enable you reach the target, select an investment package that would help you achieve the goal.Make sure you do a due diligence on the type of investment before parting with the money .ok!

4. Time: When would like to reach your financial goal, 29 ,15 or 30 years? The earlier  you know the time to reach the financial goal,you would begin to start put money aside to reach the goal,the sooner you start, the richer you will get.
5. Purpose: I have already said that money without  a purpose leads to a curse.Why do you really want this money? What is the ultimate purpose?  Is it to further your education, marry , support the family or start another business.Your moneymaking will be much more successful and meaningful if you have a clear purpose.If it is just to “make a lot of money” you may find yourself oneday with a lot of money , but not knowing what to do with it.

Let me end by giving you this financial target work sheet.

• What is my target investment goal?......................
• How much can I invest per week?......................

• How long am I willing to invest?.........................

• What is my target interest rate?...........................

• And finally, why is it important to me to achieve this goal?

What Next? IT is your TURN

 I hope i have helped you know how to reach those goals, drop me a comment on what you have learnt and feel free to share this on facebook and other social media. Now that you have set a financial goal, work on it daily and you would suppressed by the amount of wealth you will accumulate. Thank You

Getting the Career you always dream of

Do you dream of getting the job the best suite your skills? Well , you are not alone, everybody enjoys doing what he is passionate about, artist love to work with paints, writers like to write, a craftsman love to work with his hands.Whether your dream is to become an entrepreneur, a pharmacist or a minister of the gospel, relax you are not alone.Over the years, so many people have taught about what they love to do and are rich just by thinking of their dream,people of noble birth have risen to position of influence just by still thinking to grow rich.There is no need reinventing the wheel.
Today, I would love to help you ,get the right career and dream job,someone once said “Do what you love and you would never work a day in your life.” If you want to do what you love,what you are passionate about, then stay with me as we explore the 5 steps in GETTING THE CAREER YOU ALWAYS DREAM OF

1. Decide exactly what kind of career you want: What do you love to do, what is your dream job? Do not just go in for any job because you are getting frustrated, or because of the high level of unemployment in the country. If you love to paint you should be an artist, if yours is to set up businesses may be you should consider being an Entrepreneur. Doing what you love gives you the chance to be the best , since the skills would come naturally and you would feel motivated to do more.It may be that , the career you want is not readily available, create one for yourself! Remember the world we live in never existed, it was created by God’s word.Create the future you want now.

2. Choose the company or individual for whom you wish the work for: Now that you know what your dream is , you would be left with the power of choice,choosing the company or individual you would want to work with sends a signal to that individual you are focused ,you know what want and this means you would definitely put in your maximum best when you come to work.When you decide to work for a particular company or individual it means you appreciate the work they are doing and would like to contribute to their success based on your dream or what you love to do.Let me ask you ,If I was suppose to give you a job,which company or individual would like to work with and why? Drop me a comment and let’s get talking

3. Study your prospective Employer: In building your dream job, you need to know the policies and accomplishment of your prospective employer.Ask your self some simple questions “is there room for advancement in this company, how well should I work to get a raise in salary,what does my boss requires of an employee? Such questions would reduce all your fears and anxiety and would enable you to be better informed to contribute to the success of the company.

4. Do a self analysis: By self analysis, I mean knowing your talents,and your capabilities, figure out what you can offer,and plan ways and means of giving better suggestions ,ideas and services you believe you can successful deliver.This would endear you the heart of the Employer and would know the value you would be adding to the company.If you can type faster, let them know and make sure you willing type all the companies reports and brochures, when it is time for promotion,you would be top on the list.

5. Concentrate on what you can give: Yes ,forget about the job, for get about the salary for a while and concentrate on what you can give, you dream is to be an asset in your career and not a liability
Do you have something of value you can add to the company? Your reason for doing that is because there can be a dismissal of employees for non performance and because you contribute to the success of the company you would be spared.

One last thing I would love to talk about in getting your dream career is to present your CV to the proper person in authority, address it to the right person who is suppose to receive the CV and not to any tittle manager and make consistent follow up on it. Every company is looking for men who can give something of value, whether ideas or services,every company has room for the man who has a definite plan of action which is to the advantage of the company.

Remember, getting your dream job may take a few days or weeks of extra time,but the difference in income,advancement and in gaining recognition will save years of hard work at small pay,and would save you one to five years of time reaching a chosen goal.
Note that every person who starts or get in halfway of the ladder does so by deliberate and careful planning.

What Next?
Was it beneficial taking time to go through this article, drop me a comment and feel free to ask me any question i would gladly respond,You can share this article on facebook and other social network.Remember, when you dream ,DREAM BIG.