Loaded outside, empty inside! Stupid!

There's one thing I observed about people, poor people are always getting poorer while rich people are getting richer everyday, why? It is actually true to say poor people are not intelligent enough. Why would you say so Allan?! Though I'm not rich nor poor either I can see some of my friends only blames the rich eating up all the money. Well.... It's not wrong they take all the money from the market just because they can manage their wealth. While the poor will only spend when they got the money, those richies too were once as poor as you. Why they become rich after some moment? This is because they manage their wealth better than you! Not nice to hear, but it's true, lower class and middle class people spend their wealth buying cool stuff, cool wardrobe, branded stuff, or semi branded? Getting small gadget? I was once like that too, swipe my credit card to buy expensive stuff and ends up couldn't even able to pay half of the payment, thanks to my parents to help me to pay. (Stupid.. I know) Though I'm still obsess with Gadget though I dare not to swipe the CC anymore, some thinks it's cool to have a gold credit card, but hey, there's a reason why it is called CREDIT card. Cause whatever you bought with it, you OWE the bank money.

Back back to the title.. (Almost off topic) How the rich people able to buy Ferrari? Own Bungalow? Spend lavishly? This is because they way of handling the asset and property and also cash flow. Example, Ferrari, they might pay the loan by the interest they get from their investment into business (Don't tell me about FD ok? It nothing to me) Bungalow? They pay by their salary, spend lavishly by using the ROI of Unit Trust maybe? or KLCI? Who knows? While the poor people, get the salary from the company, and pay loan, pay fees, spend lavishly, buy branded stuff, buy unnecessary stuff, buy phone, buy PC, buy shoes, ends up....... left nothing before end of the month, and for the rest of the month, they suffer. See? Do you see the difference? You don't see anything? Then too bad..... Continue with you loaded outside and empty inside.

Sometimes people may look down at me for not wearing smartly, clothes are not branded, shoes are old, phone is lousy, not knowing high class place to dine, not knowing which is call high class and so on.. Well... like the hell I will care. True I do not know about this high class places because my financial status does not able to afford me to spend so lavishly. It is a true burden when the family letting you to manage the whole family expenses, it become more difficult when you know the source of income is so insecure and may vary from month to month. Now I know why my mother always having a headache when it comes to money. I shall thanks her for teaching me how important money is and how to spend money. I think this will help me to excel in managing my father business who has no sense of finance. I will not blame him because he has no education on finance, and if not because of him getting money for the family, I wouldn't be able to learn so much, I wouldn't be going to APIIT, I wouldn't to get know what is finance. I must thank them for their sacrifice for the family.

I must say...... making good use of financial management is good for business, life, and future. I hope the future will be brighter than ever! I will continue with my own goal!

Boss! Please bless me!