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My failure in cash management Print E-mail
Written by Pinoy Entrepreneur, on 30-11-2007

(We previously mentioned that, from time to time, we'll be featuring articles written by Pinoy entrepreneurs. These articles could be directly posted here at the Pinoy Entrepreneurs blog, or republished from another blog, with the consent of the author. This article on "my failure in cash management" is written by Dave Aguila.)

I've been exposed to the world of wanting to become financially rich at an early age of 16 years old when I joined a real estate company na hindi ko na maalala ang company name and when I was 17-22 years old when I joined several network marketing companies. Ever since these experiences, I was always reading books about motivation, business, investing, money, self-help, etc.

But guess what? I'm now 25 years old (turning 26 this coming September 07) and I'm still not rich. Do you guys know why? I have all the necessary fundamentals in becoming rich but I lacked the drive to "apply" the things I know. Yes! Knowledge is NOT power unless it is applied. I have read countless books, some of them I applied, most of them I didn't. I could have become financially rich at my current age if I just applied what I learned about MONEY consistently.

Pero it's not yet too late kasi I'm just 25 years old noh? But of course, I'm running out of time din so I need to double my efforts now. Never ako nagsisisi sa mga bagay-bagay na nangyayari sa akin. I take all experiences as learning experiences. So yung bad experiences ko with money na sana mayaman na ako ngayon, now I learned from it and will start again on my journey towards financial greatness. You can say that mahilig ako sa pera because I am. But don't say na masama ako for loving money as it is not the love of money that makes someone evil, it is what they do with the money that makes them evil. My primary intention with lot's of money is for me and my loved ones. Of course, should I become lucky and achieve the level of the world's billionaire, napaka-impossible naman na I will not contribute what I have in the world kasi as little as I am now financially, I do this na eh. Sabi nga ni God sa movie na "Evan Almighty", you can change the world by doing little things to others (though hindi to yung exact words Niya but I know you get me). But don't get me wrong ha? I still value integrity over money as I've said sa previous post ko about integrity. So, I'll become rich without stepping on other people or without compromising my integrity.

I have read na dati pa na importante ang pagtitipid ng pera pero hindi ako naging matipid. This is what I meant duon sa blog ko about "Why Pinoys are poor" na ang malaking problem natin sa poverty is not lack of jobs but mismanagement of cash. And I've personally experience to mismanage cash by spending it on lousy stuffs.

But now, I'm more prepared to become rich. Backed up by the books I've read and the failures I've experienced in life! I aspire to become one of the richest person in the world and I'll do everything in my power to become one. In September 07, I'll be 26 years old and in 4 year's time, I should be P5,000,000 richer! And from that point, will start my journey from the fast track.

Published in : Topics, Money and Finance

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