2014 started so fast and I spent the first month scouting for personal development programs to attend. I looked into NLP training, public speaking and even some WSQ programs. I have been so preoccupied with training programs, meetings and operations what-nots and have not been able to even complete a book, let alone attend a training session.
In January this year, I bought a ticket to the National Achievers' Congress 2014. This is going to be my first time and I am so looking forward to learning and meeting like-minded people who are goal-getters and trend-setters. Last year, I could not get a ticket so this year, I made sure I got an early bird discount.
2 weeks later, I received a call from Success Resources, the organizer for the NAC, asking if I am interested in a free ticket to 3-day Millionaire Mind Intensive. I said yes. I was at the Resorts World Sentosa from 7th to 9th March for the 3-day MMI. I was so thrilled and excited. 3 full day sessions can be very challenging for learners, and the activities, dances, games and jokes helped a lot. This program really taught me the true meaning of passion.
The MMI trainer was Robert Riopel, T. Harv Eker's lead trainer. He has been travelling to different cities conducting 50 programs. Assuming each program runs on an average of 6 days, including travelling, he works an astounding 300 days! Nothings but passion can get you there.
Before I attended the program, I was told that the program will include a lot of selling. i.e. they will sell other programs to you and there will be booths of different companies selling wealth management solutions and stuffs.
I have a few reasons why I had to attend this program;
a. I want to learn from more experienced trainers. I want to see for myself how they conduct programs, how they respond to situations, how they keep the audience on their feet etc.
b. I want to learn how to manage my money better. We think we are good managers but most of us are screwed up when it comes to personal finance. Some of us will rather leave it to the hands of financial advisors. Hey, if I do become millionaire in the process, why not?
c. I want to network. I think it takes quite a bit for a person to attend a 3-day program and I believe many people are searching for answers to whatever questions they might have. One thing we all have in common is the thirst for knowledge in success.
Guess what, I got all three objectives met. Robert Riopel, if you happen to read this, which I think is so not possible, I just want you to know that your class rocks.
One thing I learnt from the program;
1. In the program, we were taught to disperse our money according to a 7-jar system. In some methodology, it was a 5-jar system. I personally feel that the number of jars do not matter. It's the habit that is important and not easy to maintain.
Jar 1 - FFA Jar (Financial Freedom Account) - 10%
This jar is to be used in investments to generate passive income. Whatever returns are re-invested into the jar. The whole idea is that this jar is a goose that lays golden eggs. The goose must not be killed and only the eggs can be enjoyed.
Jar 2 and 3 - LTSS Jar (Long Term Saving for Spending) - 5%, 5%
This money is for big ticket expenses such as furniture, TV, car, etc
Jar 4 - EDU Jar (Education) - 10%
This is for education and personal development.
Jar 5 - NEC Jar(Necessity) - 55%
This is for daily expenses, such as petrol, food, etc
Jar 6 - PLAY Jar - 10%
As the name suggests, this money is for us to enjoy. We cannot accumulate money here for more than 3 months.
Jar 7 - GIVE Jar - 5%
This is to be given to charity of our choice
They key thing here is to make it a habit. Even if all we have is $100, we must split them accordingly. Before this, I split my earnings to my 3 bank accounts. Looks like I need to open one or two more.
