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Education in Financial Intelligence
Hello, welcome and receive a cordial greeting, I hope that the lessons you
have received from the Mini Personal Finance Course have been useful to you.
Here is the complete compilation of all the lessons and some others, including
the videos, which you can watch directly in this document.

I am very happy about your interest in learning and improving your personal
finances. Believe me when I tell you that not all people make the decision to
educate themselves with the purpose of increasing their financial
intelligence, and you know what, these people are the ones who end up
achieving their financial goals, so I really congratulate you.

I hope this compilation helps reinforce many of the simple and powerful
concepts you have received during this time. I will continue to send you
interesting and related information from time to time. Please feel free to
contact me with any concerns.

And since I know you are interested in these topics, I do not want to miss the
opportunity to invite you to review our complete material, they are surely
tools that will help you achieve your financial goals more quickly. Check out
the following link:

http://www.tipsfinancieros.com/Legal/libertadfinanciera.php

About the Author

Sebastián Foliaco has been interested in financial issues for

more than a decade. After graduating as an Engineer, he
discovered his interest in finance when he saw with some
concern the deficiencies in financial matters that almost
everyone faces.

When trying to learn about personal finance and investments,

important topics that determine people's future, he noticed that
Sebastian these were not addressed in classrooms at schools and
Foliaco universities.
Entrepreneur,
Financial and After beginning to investigate on his own, he decided to learn in
Business Advisor. practice by working in different financial entities including
financial asset management firms, investment funds,
stockbrokers and others. In addition to carrying out studies in different related areas
through courses and seminars taught by professionals in various areas of finance and
investments. Experience that has been capitalized on over several years providing
advice and counsel to many people.

Dedicating himself not only to personal financial planning, but with a particular interest
in teaching it in a simple and practical way to all people who in one way or another wish
to improve through proper management of their personal finances and their present
and future lifestyle.

CONTENT

1. Personal Finance Mistakes I

2. Mistakes in Personal Finance II
3. TED: THE SECRET OF SUCCESS
4. Different Ways to Generate Additional Income
5. YOUNG MILLIONAIRES, HOW THEY MADE THEIR FIRST MILLION
6. Humor about money and finance
7. THE POWER OF DREAMS
8. Financial Self-Privileged! Who They Are...
9. Are You a Procrastinator?
10. How an Entrepreneur Thinks (Henry Ford)
11. Tips for better investing
12. How a Paradigm is Born
13. The beginnings of famous entrepreneurs
14. The Real Secret to Success in Your Finances
15. Your Mind Against Money
16. Your Personal Finances
17. Tips From An Expert
18. Tips to get out of debt
19. What is financial freedom?
20. Are you a saver, a gambler or an investor?
21. The 7 most frequently asked questions about investing in the New York
Stock Exchange
22. From vagabond to millionaire
23. Successful Children and Young Entrepreneurs
24. Discipline is key to success
25. Pursue your goal
26. The Butterfly Circus
27. What is your talent?
28. Conquering Giants
Personal Finance Mistakes I

1. Spending more than you earn. If you spend more

than you earn you are creating debt and high interest is
paid on debt. Many people do not keep proper control of
their income and expenses, which is why they often feel
like they do not have enough money. Maintaining proper
control as taught in the Financial Tips book is important to
determine if the level of expenses is greater than that of
income, as well as determining where appropriate corrections can be made to correct this
situation.

2. Not keeping track of expenses: If you don't know where the leak is, you won't be
able to fix it. The advice is to budget your expenses and monitor them on a daily basis. On
many occasions, people make expenses that they do not take note of, and it is difficult to
remember them in detail later. The recommendation is to write them down since they are
generally minor and unimportant expenses but they create a significant gap in personal
finances.

3. Staying in a comfort zone: Not training, Not opening your mind to new ideas, Not
learning to do things differently. A big mistake in personal finance is to mix money with
emotion and not find new ways to generate income. Many people live in the comfort zone,
that is, they are satisfied with what they currently have, whether it is a lot, a little or just
what is necessary. The problem arises when a need or unforeseen event arises that affects
said comfort. This is why it is important to be prepared, and this preparation begins by
learning about topics that help improve financial intelligence, that is, the ability to
adequately resolve financial difficulties.

"An investment in education always pays the best interest" -Benjamin Franklin

4. LACK OF SAVINGS: Not paying yourself first. Before spending your salary, pay
yourself.
This money is money that will work for you through mutual funds,
stocks, real estate, and businesses. The important thing is not
how much you save, the important thing is to start. It is
recommended to save at least 10% of the income received.
Saving and not investing is a mistake. Keep in mind compound
interest. When it comes to saving, time is important. It's never
too late to start, but earlier is better. Don't forget SAVE OR
NEVER.

There is a lot we could talk about when it comes to saving, but the important thing is to do
it. Allocate a portion of what you earn and save it for the future, keeping in mind that you
should save for the short term, whether it be for needs or personal tastes such as
vacations. But all the savings cannot be left there; it is more important to save a portion for
the future as well as
for unforeseen events. Unfortunately, this is where many people fail and one of the causes
is what we call the superhero syndrome in the Financial Tips book.
5. Believing that personal finances are the responsibility of the boss or the
government: Trusting others too much, for example in the pension system, which is
main responsible currently in trouble. I am the one in charge of my personal finances,
and as such I must take control. Even if you have to start from
scratch, study, training, developing new financial habits, evaluating
results, controlling investments and training again to achieve
continuous improvement.

6. Make credit cards a way of life: Misusing them can be

harmful. Cards enslave him. Making purchases that you don't need.
You have to know how to use them with great discretion.

7. Forget about being in order to have: The natural order is

BE-DO-HAVE. This is a common mistake that we all make at some
point, the desire to have certain types of things, especially in the
productive stage, which often leads us to spend on things that are not really necessary.
Many closets or garages are filled with things that were once purchased and never served a
purpose. Just the desire to have them even if they were not necessary or indispensable.

Mistakes in Personal Finance II

1. Being financially unprotected: There are things in life over which we cannot have
control, but taking precautions in this regard could save us from many unpleasant
surprises. Proper planning for the future may be our only hope in the event of a financial
emergency.

2. Believing you will never grow old: Most people do

not start saving when they are young precisely because
they believe they will never grow old, but the truth is that
time passes and in the end all that remains is reflections
on why I did not start earlier, why I did not do this so many
years ago, etc.

In times of plenty, you have to save up for times of

trouble. It's never too late to start saving, but the earlier you start, the better. Remember
that the family basket of today's young person must include the family basket of
tomorrow's old person.

3. Wasting money on things that destroy: There is no need to explain anything, just
say that those things that cause addiction or become addictive usually lead to financial
destruction.
4. Making investments without proper advice: If you
are not sure how an investment works, you do not know
the risks you are exposing yourself to.

Starting a business without adequate knowledge of how it

works usually results in failure.
Detailed knowledge about what you are doing can
determine success to a high degree.

5. Not learning how to create multiple streams of income: When you rely on only
one source of income and this lack can lead to financial difficulties.

It is necessary to study and investigate since there are various ways to generate multiple
sources of income. If you have 2 or more sources of income, when one is missing, you will
always have others that will support you financially. If you have not been able to establish
other multiple sources of income, it is because you have lacked the necessary information
to be able to do so. That's why it's important to invest in your financial education before
trying to invest in anything else.

6. Lack of Generosity: It is a universal and biblical

principle that the harvest always comes after the sowing. If you
sow sparingly, you will reap sparingly. This is the most
important step you can take toward financial security. The
purpose of abundance and wealth should not be individual,
there will always be people we can help.

http://www.tipsfinancieros.com/libertadfinanciera.html

TED: THE SECRET OF SUCCESS

Why are people successful? Is it because they are smart? Or are they just lucky? Analyst
Richard St. John condenses years of interviews into a 3-minute presentation on the real
secrets to success.

If someone asks you: what does it take to be successful? You, what would you answer?

Let's review what Richard St. John explains the key words that can lead you to success in
your life, in a TEDIDEASWORTHSPREADING conference.

But first who is Richard St. John and what is TED:

Richard St. John: He is an expert on topics related to success. He achieved business

success in companies such as Nortel Laboratories and the San Juan Group. He is one of
the most recognized business communicators. He became a millionaire, has run more
than 50 marathons and climbed two of the highest peaks in the world.

He spent over 10 years researching success, interviewing over 500 celebrities from
around the world. He spoke face to face with celebrities such as Bill Gates, Martha
Stewart, the founders of Google, etc.

He has written a BestSeller and has been named one of the most inspirational speakers.

TED: IDEAS WORTH SPREADING is a nonprofit organization dedicated to "ideas worth

spreading." TED is widely known for its conferences covering a broad spectrum of
topics including science, art and design, politics, education, culture, business, global
affairs, technology and development; and entertainment.

Speakers have included former U.S. President Bill Clinton, Nobel Prize winners James D.
Watson, Murray Gell-Mann, and Al Gore, Microsoft co-founder Bill Gates, Google co-
founders Sergey Brin and Larry Page, and Billy Graham.

It is dedicated to “enhancing the power of ideas to change the world”

Now let's look at what Richard St. says. John

This is actually a two-hour presentation I give to high school students cut down to three
minutes. It all started one day on a plane, on the way to TED seven years ago. And in
the seat next to him was a high school student, a teenager. She wanted to do
something with her life, and she asked me a simple, little question.

She asked, "What drives you to success?"

And then I felt really bad, because I couldn't give him a good answer. So, I got off the
plane and came to TED. And I thought, Oh my God, I'm in a room surrounded by
successful people. Why don't I ask them what helped them become successful, so I can
teach it to the young people? So here we are, seven years and 500 interviews later, and
I'm going to tell you what really drives success and what makes TED members tick.
1. The first thing is Freeman Thomas (He was the soul of Porsche,
PASSION the Passion. Designer of VW, Audi, DaimlerChrysler Vehicles. Before
working at Porsche he had always been a fan of the
brand, although he could not afford to have one, now he
has two. Thomas only thinks about cars. The Audi TT
literally started as a sketch on a napkin, and he won his
first car drawing contest when he was in first grade. “It
was a drawing of a fire truck,” he says proudly.

Freeman Thomas told us, "I am driven by my

passion"

People at TED do it for love, not money.

Carol Colleta (She is a sought-after speaker on the formula for success for creative
cities and communities and is frequently interviewed as an expert on urban issues by
the media. In 2008 she was named one of the 50 most important experts on urban
areas. Most recently, she was awarded the 2009 Lambda Alfa International Journalism
Award for her work with CEOs for Cities and Smart Radio City, and as one of the 50 best
urban thinkers of all time by readers of PLANetizen.com.)

Carol Colleta told us, "I would pay someone to do what I do."

The funny thing is, if you do it for love, the money comes anyway.

2. JOB:

Rupert Murdoch (Murdoch's life and the journey of his company intersect and blur.
Rupert Murdoch's empire began in Australia, his home country, in the 1950s, where he
came to own more than a hundred publications throughout
the country. In the late 1970s, Murdoch entered the United
Kingdom and acquired four publications: "News of the
World", "The Sun", "The Times" and "The Sunday Times". In
parallel, the tycoon begins his expansion in the United
States with the purchase of the newspaper "The New York
Post" and is interested in the television market.)

Rupert Murdoch told me, "It's all hard work, Nothing

comes easy, But I've had a lot of fun."
Did he say fun? Rupert? Yeah! People at TED have fun at
work.

And they work very hard. I thought, they are not

workaholics, they are work lovers.
3. BE GOOD:

Alex Garden (Began his career in the video game industry at age 15, working
as a game tester for Distinctive Software Inc based in Vancouver. Over the
years, he has worked with some of the world's leading developers at Electronic
Arts Canada and Radical Entertainment.

In 1997 he founded Relic Entertainment and is now one of North America's

leading game development studios. He has won more than 50 awards.)

Alex Garden said, "To be successful you have to dedicate yourself to

something, and be very good at it." There is no magic, it's all about
practice, practice, practice.

4. APPROACH:

Norman Jewison (He is the most admired and respected

Canadian filmmaker by the Canadian film industry and
founder of the Canadian Film Institute. He received the
Irving G. Thalberg on Sunday, March 21, 1999, during the
Academy Awards ceremony. He began as an actor and
screenwriter for the BBC in London, became one of the
most important directors of the CBC (Canada
Broadcasting Corporation), won three Emmys between
1958 and 1961, and in 1967 won the Oscar for Best Film
for In the Heat of the Night. In the
In the 1970s, he brought two theatrical-musical hits to the big screen: Fiddler on the
Roof (1971) and Jesus Christ Superstar.

Norman Jewison told me, "I think it's all about focusing on one thing.

5. PUSH:

David Gallo (oceanographer, the first to use a combination of submarines and robots
to explore the underwater world. Director of Special Projects at Woods Hole
Oceanographic Institution, he has participated in the exploration of RMS Titanic and the
German battleship Bismarck using the Russian MIR submarines. At Woods Hole, you
work closely with scientists and engineers at the forefront of global exploration. He has
participated in numerous expeditions to the Atlantic, Pacific and Indian Oceans, and the
Mediterranean Sea.)

David Gallo said, "You have to push yourself physically and mentally, you
have to push yourself, push yourself, push yourself"
You have to push yourself through shyness, and doubts.

Goldie Hawn (She is a well-known actress, producer and film

director, famous for having been one of the “spoiled children”
of Hollywood. One of her films was “Cactus Flower” from
1969, for which she received her first Oscar, being awarded
Best Supporting Actress. In 1980, the beautiful Hollywood
blonde left behind her cheerful and tender appearance to
make one of her most recognized dramatic comedies:
“Private Benjamin”. This film also marked her debut as an
executive producer.

The success of “Private Benjamin” was truly enormous, and not only in the United
States, but throughout the entire globe. Goldie was once again awarded an Academy
Award statuette, only this time it was for Best Actress.

Goldie Hawn said, "I always had doubts, I wasn't good enough, I wasn't smart
enough, I didn't think I would make it."

Now, it's never easy to push yourself, and that's why they invented mothers (laughs).

Frank Gehry (Gehry has built a professional career spanning four decades, designing
public and private buildings in America, Europe and Asia. In an article published in The
New York Times in November 1989, noted architecture critic Paul Goldberger wrote that
Gehry’s buildings “are compelling essays on geometric forms and primary materials,
and aesthetically they are among the most brilliant and profound works of architecture
of our time.”

Frank Gehry has won several of the most important architectural awards. In 1989 he
received the Pritzker Prize, probably the most prestigious architecture award, for his
“important contributions to humanity and the built environment through the art of
architecture.”

Frank Gehry told me, "My mother pushed me."

 6.
SERVICE: Sherwin Nuland (an eighty-year-old American of Jewish
origin) is the author of books of various kinds, some of which
could be included in that immense category of 'self-help', and
which have also become bestsellers. Some time ago Nuland,
who is a general surgeon and professor of bioethics at Yale
University, was invited to speak at the agora of the highly
renowned TED conferences.)

Sherwin Nuland said, "It has been a privilege to serve as

your doctor."

Now many children tell me that they want to be millionaires. And the first thing I tell them
is, "Okay, but you can't serve yourself, you have to serve others with something of value.
Because that's how people get rich."

7. IDEAS!:

Bill Gates (Founder, Chairman and CEO of Microsoft, is

an American businessman, co-founder of the software
company Microsoft, producer of Windows, the most widely
used personal computer operating system in the world.
When Microsoft went public in 1986, its shares rose so
high that Bill Gates became the richest man in the United
States. Bill Gates tops Forbes magazine's annual list of
the world's largest personal fortunes, with assets
estimated at around $51 billion US dollars, and is also one
of the world's largest philanthropists.

Bill Gates said, "I had an idea: to found the first

microcomputer software company."

I would say it was a very good idea. And there is no magic in creativity when it comes to
ideas, it's just doing pretty simple things. (Listening, Observing, Being Curious,
Questioning, Problem Solving, Making Connections).

8. PERSISTENCE:

Joe Kraus (Founder of Excite, JotSpot, and DigitalConsumer.org. Kraus is currently an

investment partner at Google Ventures. Kraus has been involved with the technological
development stage of companies for more than twelve years)
Joe Kraus said, "Persistence is the number one reason for success"

You have to persist through failure, and CRAP which of course stands for "Criticism,
Rejection, Assholes and Pressure."

Taken and adapted from TED IDEASWORTHSPREADING.

You can watch the video by clicking on the image.

When the article opens, you will find it at the end.

Richard St John Secrets of success in 8

words...

I imagine that no 5om05 "workaholics"

1
(work slave)
—— ' You
Different Ways to Generate Additional Income
LEARN MORE

This material was taken from the Financial Tips CLICK HERE FOR
material
It is very likely that you are working and have asked
yourself at some point: How to generate more
income, how do I earn extra money? The reasons
can be endless: getting out of debt, being able to buy
something you want, a special invitation for someone,
going on vacation, changing or buying a car, buying a
house, etc. It has happened to all of us at some point of
dissatisfaction that we want to earn more income. The
main difficulty we encounter in achieving this is not
knowing the mechanisms or the different alternatives
that exist.
for this.

But there is something that has to happen first and that is to make the firm decision
to do it until you achieve it, not to give up trying, not to turn back. It is very possible
that you will encounter many obstacles along the way, in fact, many of the people
closest to you will be the main detractors of your dreams and desires, it is possible that
you will fall, that you will fail again and again, that you will feel frustrated and
abandoned, but you know the good news is that all those who have achieved financial
freedom and have managed to create wealth, also went through it and succeeded.

So if you are one of those who want to achieve financial freedom, keep going and, as
we say in my country, keep going.

So the first two steps are Firm Decision and Knowledge of the Tools to
Achieve It. Today we are going to review some of the ways to generate
additional income.

1.Entrepreneurship: It is a business idea that can be converted into a business

development. All great companies had modest beginnings. The key here is creativity, as
well as developing the qualities of an entrepreneur.
Statistics are against entrepreneurship; out of every 10,
only 1 remains in force after 5 years. To carry out a
business venture, certain characteristics are necessary,
such as motivation, perseverance, information, clear
goals, a plan, resourcefulness, and many others. The
good thing about successful ventures is that they
manage to become large companies, they manage to
 create economic well-being and they become drivers of development by generating
employment for other people.

2. Franchises: These give us the possibility of joining

a business network, minimizing risks, thanks to the
“proven success” of the system, managing to quickly
increase and improve its learning curve and benefiting
from a clear positioning that will quickly result in sales.
Unlike entrepreneurship, 9 out of 10 franchises are still
active after 5 years.

The main barriers people have to investing in franchises is that they do not know how
they work and why they have the idea that they are very expensive. But today there
are thousands of franchise networks and more than 50% require a low implementation
cost, usually below USD 25,000. Obviously these present some disadvantages such as
not having full control of the business.

3. Investments: An investment is anything you

purchase to earn an income or profit in the future.
Investments increase through the generation of income
(interest or dividends) or through an increase in their
value (appreciation). He
income generated by your investments and any appreciation in the value of your
investments increases your wealth. An example of this is the shares of companies listed
on stock exchanges. It is an excellent way to generate additional income, the big
obstacle it presents is called knowledge. Many people lose money on their investments
because they don't know what they're doing or because they get bad advice.
This material was taken from the Tips Financial CLICK HERE FOR
material
LEARN MORE

4. Real Estate: Investing in property and land is also

another way to build additional income. When investing
in real estate, there are several details to consider:
Invest in development areas so that the properties have
interesting appreciation options. If the property is to be
rented to generate a monthly income, look for the best
locations in terms of population, rental rate and local
economic growth. The same recommendation applies here: you have to train and learn
how the property market works.
5. Business on the Internet: It is no secret that the Internet is experiencing
exponential growth today. This is just one of the factors
that makes this tool one of the best possibilities for
creating sources of income. The two biggest difficulties
in implementing a business on the Internet are not
knowing the model, many fail because they do not know
this, and the second difficulty is the technical part (Web
Development and such things). The good news is that
these two difficulties have a solution. The first is
resolved with adequate training and the second with
tools that make the installation easy even without having technical knowledge or,
ultimately, by hiring a web designer to help us. Another great advantage of using the
Internet as a platform for business is that the cost of implementation can be very low.

6. Marketing networks: Nowadays there are various

ways to market products. One of the most popular
methods is direct marketing or word of mouth. This
consists of people joining a network of products, buying
them for themselves and/or selling them to their friends
and family, earning commissions on these sales. They
can also sign up or recruit people to their marketing
scheme and earn commissions on their sales.

What we cannot forget with network marketing is that it requires intense and well-
directed work at the beginning to achieve the desired results, for which we must
demonstrate qualities such as persistence. Well this is just a brief summary about
business models that will allow us to generate additional income to our current work.
The advice is to build several properly and not depend on a single income. This is
accompanied by some simple knowledge about money management. In the book
Financial Tips, we dedicate a more detailed chapter to these topics, in addition to
including additional resources. If you want to learn more about these topics, I invite you
to invest in this material by clicking on
this link: CLICK HERE TO LEARN MORE
YOUNG MILLIONAIRES, HOW THEY MADE THEIR FIRST MILLION

Eight young American millionaires share their advice for budding entrepreneurs on
how to make their own fortune. It's about building a mix of vision, intelligence,
determination and even luck.

Mark Zuckerberg is the richest young man in the world, his fortune exceeds
US$4,000. He started Facebook six years ago from his dorm room at Harvard. He is
now a 26-year-old philanthropist who recently donated $100 million.

Zuckerberg's is not the only story of entrepreneurs who had already earned their first
million dollars before they were 25. It takes a little vision, intelligence, determination
and even luck. Eight of the United States' young millionaires offer advice for new
entrepreneurs to create their own fortune.

Catherine Cook

Current age: 20
Position/Company: Creator, www.myyearbook.com
Age at which he made his first million: 18

Advice: “Stop thinking about it and make it happen. When you are young is the best
time to start your own business, as you do not have the responsibilities that you will
have when you become older. The worst thing that can happen if you go bankrupt now
is that you will have first-hand experience to start your new adventure towards
success.”

Sean Belnick
Current age: 23
Position/Company: Creator, www.bizchair.com
Age at which he made his first million: 16

Advice: “It’s never too early to start. I started when I was 14. There was a lot of
information on the Internet. Just do some research and find a way to do what you like.”

Juliette Brindak

Current age: 21
Position/Company: Creator/Director, www.missOandFriends.com
Age at which he made his first million: 19

Advice: “Find a solid team that believes in your ideas. If someone starts to doubt the
company or what they do, you need to get rid of that person.”

Matt Mickiewicz
Current age: 27
Position/Company: Founder of Sitepoint, 99 Designs and Flippa
Age at which he made his first million: 22

Advice: “People who say they need money to make money are using the worst excuse
of all...The key is to create enormous value for others by providing solutions where
none exist.”

Michael Dell

Current age: 45
Position/Company: Creator/President of Dell Computers
Age at which he made his first million: 19

Advice: “You must be passionate (...) I believe that people who look for great ideas to
make money almost never succeed like those people who say 'well, what can I really
do? What am I excited about?

Jermaine Griggs

Current age: 27
Position/Company: Creator of Hear and Play Music Group
Age at which he made his first million: 23

Advice: “Understand the power of selling, not just things, but how to sell yourself and
your ideas. I studied business. Study those who have already done it and find people
with the same dreams and aspirations as you.”

Cameron Johnson

Current age: 25
Position/Company: Launched more than a dozen websites between 1998 and 2004.
Age at which he made his first million: Before graduating from high school

Advice: “Sell yourself. Start small. The lower your initial costs, the easier it is to make
a profit. Create value for others and you will be rewarded.”

David Hauser & Siamak Taghaddos

Current age: 28 and 29, respectively

Position/Company: Co-founder of Hauser and President of Taghaddos.
Age at which he made his first million: 24 and 25.

Advice: “Education helps to refine the entrepreneurial profile inherent in people.

Always be on the lookout for a new opportunity by analyzing the gaps and challenges
you constantly experience in your life. Success lies in finding solutions that help others,
money is secondary.” (Kiplinger)

Humor about money and finance

Because everything in life is more

beneficial with a little humor and
laughter. Even if it is about issues
related to money and finances.

Don't forget to watch the video at the

end.

1. The millionaire groom, who doubts

the love of his Scottish bride, asks her:

I want to know if you are not with me out

of interest. Of course not. I'm marrying
you only for your capital.

2. In a park, a lady starts screaming:

Help! My child has swallowed a dollar coin and is choking.

Immediately a man gets up from a nearby bench and approaches the boy while saying:
Leave it to me, I have experience in these cases.

He takes the little boy's testicles in his hands and begins to squeeze... and in an instant
the boy expels the coin.

Thank you very much, sir, the lady says gratefully. Do you work in medicine?

The man does not answer, I am a banker.

3. How do you say "banker" in Japanese?

Tekito-your-chose. And in Chinese? For Ga-ya.

4. A stingy man suffers a cardiac arrest and is rushed to an emergency hospital.

The doctor, seeing that he is beginning to suffocate, orders: Quick, quick, put the mask
on him!

And the man quickly answers: No, no!!! The cheapest one please!!

5. A child to his father:

Dad: Where's the credit card?

Well, son, it was stolen from me about six months ago; but Dad, didn't you report it?

Well no, I've done the math and it's better for me that the thief has it than your mother
has it.

6. In the midst of a crisis

Two friends meet:

And how are you doing with all this crisis?

The truth is that now more than ever I sleep like a baby.

Oh really?

Yes... I wake up every 3 hours crying.

7. Loan between the blind

Two blind friends meet:

Hey, can you lend me 500 euros?

The other lends them to him. As he says goodbye he asks:

And when are you going to give them back to me?

Next time we meet.

What should not be a joke are our results in our personal finances. Watch the video, it's
a bit funny, but... Let that not happen to our finances.

You can watch the video by clicking on the image.

When the article opens, you will find it at the end.

THE POWER OF DREAMS

Honda is a typical miracle of Japanese industry. It took Honda just 20 years without any
help to become one of the most "feared" car brands

History says that a legendary man created this legendary company. Soichiro Honda was
born into a family that worked in a small bicycle repair shop.

Honda Motor Company was founded in 1947 as a motorcycle manufacturer and

gradually became the most important motorcycle manufacturer in the world.

At the end of World War II, Japan was devastated and Soichiro Honda was in total ruin.
Before the war broke out, Soichiro (who grew up in a small bicycle repair shop where his
family worked) worked as an engineer for the Japanese army manufacturing various
materials and since 1937 had had his own business dedicated to the manufacture of
piston rings, which were designed and patented by himself. At that time, Toyota, which
is now its main competitor, owned 40% of the company and used Soichiro's rims.

After the war, Soichiro had the idea of buying a few bicycles and engines that the army
was auctioning off at a very low price. With these materials and a lush imagination, he
put his head down and began to work incessantly in his Hamamatsu workshop.

He quickly managed to adapt the engines to bicycles and thus launched the Honda S
motorcycle in 1946. Honda's history was just beginning and no one imagined, not even
Soichiro himself, the dizzying success that awaited him.

The power of dreams put into action was one of the secrets of this humble Japanese
man who dreamed of a great company.

You can watch the video by clicking on the image

Soichiro Honda - Short Film

Financial Self-Privileged! Who They Are...

Our goal in life is happiness, and financial education contributes to achieving it by

helping us manage one of the relevant aspects of life: the financial aspect...

Happiness is not palpable… it is felt; it is a positive state of mind… It is something

beyond mere material things… beyond money…

However, I think that no one can deny the wisdom behind this adage: Money does not
buy happiness… but how it helps! That is to say… you cannot have a “happy” state of
mind on an empty stomach!

Quality of life is a fundamental ingredient in the recipe for happiness, and money is an
indispensable component of quality of life. But the effect of money on this has a
saturation point.

A point called the “economic

optimum.” A point at which more
money does not generate a better
quality of life. It works the same way
as fertilizers on plants: they require an
optimal amount of fertilizer to develop
vigorously; any additional fertilizer
added is lost; it can even be harmful to
the plant, since it has already reached
its saturation point.

The privileged who manage to obtain, WITH EASE!, the basic things that money can
buy: food, clothing, housing, education, security, transportation and recreation, will have
reached the optimal level of quality of life that money can provide them. They are
people who, thanks to their education and their efforts, have been - or are being - able
to forge a standard of quality of life far above the average of their peers, which is why
the author has called them the "SELF-PRIVILEGED."

What must be done to belong to the exclusive club of the self-privileged? -

Educate yourself financially!: learn to manage your money through a personal financial
plan that allows you to control your expenses according to your income, invest your
savings in balanced risk and return instruments, and choose the pension system and/or
portfolio that best suits your particular situation.

* Would you like to belong to the group of the privileged... CLICK HERE To Find Out How
*

The self-privileged are people who enjoy a pleasant life with their families; with peace,
calm, without worries about money… without pressing debts… sleeping deeply every
night knowing that their children are well, that there is food on the table every day, that
a good roof shelters them, that they have provisions for the Christmas present for the
children… Because that is what life is about!

Are You a Procrastinator?

How would you describe a man who takes a long time to accomplish things
that suit him?

PROCRASTINATOR: This word comes from the Latin pro (towards) and crastinus
(relating to the future);

According to Wikipedia, it is the action or habit of postponing activities or situations

that must be attended to, replacing them with other more irrelevant and pleasant
situations.

Some people seize opportunities when they are young and are thus more
financially successful than those who seize opportunities later.

Education in Financial Intelligence is an issue that should not be postponed,

No matter what situation you find yourself in today, whether good or bad, it is time to
start having financial intelligence tools to achieve success and enjoy financial freedom
and economic prosperity.

Remember that fortune favors a prepared mind that recognizes opportunity.

and is ready to make the most of it.

Men who do not react quickly when the opportunity arises are great
procrastinators.

Stop procrastinating, remember that you are responsible for your financial present
and future, start your education in Financial Intelligence right now, you will have
tools that will allow you to take advantage of better opportunities more quickly, you will
be able to understand the world of investments and take advantage of it, you will
understand what financial freedom is and how to achieve it, discover different ways to
generate multiple sources of income and much more.

TIPS TO IMPROVE YOUR FINANCES RIGHT NOW:

1. Don't put off your education in Financial Intelligence, according to Niall Ferguson,
one of the 100 most influential men today, the rewards for those who educate
themselves financially are exorbitant and the punishments for those who don't are quite
harsh. Get started right now and purchase the Financial Tips Education in Financial
Intelligence material.
2. Peter Drucker taught that planning is not done by thinking about the future, but
about the future consequences of present decisions. In other words, your future peace
of mind and financial freedom will depend on the decisions you make today. Learn to
make better decisions regarding your personal finances, investments and business
opportunities with our Financial Tips material Education in
Financialhttp://www.tipsfinancieros.com/libertadfinanciera.html Intelligence.

3. When it comes to investing, saving and finance, the following premise exists: It is
never too late to start, but the sooner you start, the results will be exponentially better.

PS: These men were not procrastinators:

1. Robert Kiyosaki: He began his education in financial intelligence at a very early

age (approximately 9 years old) from his rich father. Today he is a millionaire and
financially free.

2. Warren Buffet: He already knew how the stock market worked and started
investing at age 11, his only regret is not having started sooner. He is one of the 3
richest men in the world.

3. Sam Walton: He knew economics, he started working as a cashier in his first

supermarket, became one of the richest men in the world and founded the largest
department store chain in the United States, Wal-Mart.

Don't wait any longer www.tipsfinancieros.com

How an Entrepreneur Thinks (Henry Ford)

At some point we have all wanted to start something, a business, a company, etc.

A statistic says that approximately 85% of entrepreneurs respond to the question about
why they decided to create a company and their initiatives were motivated by the
dream of being their own bosses and achieving a better quality of life.

This is the dream of many, but few dare to take the risk and initiative.
It is also true that we all want to generate more money, generate more financial
prosperity, enjoy a better quality of life; well, the advice given to us by great
businessmen and investors who are among the richest men in the world, such as Warren
Buffet, Donald Trump, Robert Kiyosaki, is that if you want to be rich you must take
care of your own business.

So here I leave you with some thoughts and advice from a great entrepreneur who had
many situations against him but achieved his dreams.

Some quotes from Henry Ford that teach us part of his thinking that led him to become
one of the greatest entrepreneurs in history.

Considered the most influential businessman in the history of the United States, he built
an economic empire through innovative production methods.

"Never Stop Dreaming", Never stop dreaming...

1. Coming together is the beginning; staying together is progress; working together is

success.

2. Those who give up are more numerous than those who fail.

3. Most people spend more time and energy talking about problems than facing them.

4. The best driver is the one who drives with imagination: he imagines that his family is
with him in the car.

5. No man should be forced to do work that a machine can do.

6. How is it that when I want a pair of hands they also bring me a human being.

7. Failure is sometimes more fruitful than success.

8. True progress is that which makes technology accessible to everyone.

9. Impossible means you haven't found the solution.

10. Obstacles are those scary things you see when you take your eyes off your goal.

11. Thinking is the hardest job there is. Perhaps this is the reason why so few people
practice it.

12. If there is a secret to success, it lies in the ability to appreciate the other person's
point of view and see things from that point of view as well as from one's own.

13. If I had asked my clients what they needed, they would have said a better horse.

14. Whether you think you can or you think you can't, you are right.
15. A customer can have his car in any color he wants, as long as he wants it to be
black.

16. We demand that our men do what they are told. Our organization is so specialized
and all its parts depend on each other in such a way that it is impossible to think of
letting our workers do whatever they want. Without the most rigorous discipline we
would reach the most extreme confusion.

17. Whether you think you can or you think you can't, you are right.

Tips for better investing

In this installment, let's learn important tips from great investors that will help us make
better investment decisions.

An investment in knowledge always pays the best interest. Benjamin Franklin

Invest in yourself, in your knowledge, the results will be noticeable CLICK HERE

If you earn a good income every year but spend it all, you are not getting rich. He's just
living at a high level. Thomas J. Stanley and William D. Danko, The Millionaire
Next Door

Take the power of compound interest seriously—and save. Dwight R. Lee and
Richard B. McKenzie, Getting Rich in America

Never invest in a business that you cannot understand. Warren Buffet

"Panic causes you to sell at the bottom, and greed causes you to buy near the top."
Stan Weinstein

"Don't wait for the exact moment when the market is ready to invest. Start now. The
best time to plant an oak was 20 years ago. The second best time is now." James
Stowers

Kindness is the only investment that never fails. Henry David Thoreau

“Long-range planning is not thinking about future decisions, but about the future of
present decisions” P. Drucker

“If you want to be rich, learn not only how to earn, but also how to invest” Benjamin
Franklin

How can I invest if I don't have money? How can I invest when I can't even pay my bills?
My answer is: The first thing I recommend is that you stop saying: I can't do it. Robert
Kiyosaki

“Those who quit are more numerous than those who fail.” Henry Ford

“Wealth does not consist so much in the possession of goods as in the use that is made
of them.” Democritus

"Where there is a successful company, someone once made a brave decision." Peter
Drucker

"I think if you have talent and technique you should go ahead on your own and become
the master of your own destiny." George Lucas

“Failure is the opportunity to begin again, but more intelligently” Henry Ford

“Success is the ability to go from one failure to another without losing enthusiasm”
Winston Churchill

“The secret of success is preparing to seize opportunities as soon as they present

themselves” Disraeli

"Only buy stocks that you can safely hold in your portfolio, even if the market is closed
for 10 years." Warren Buffett

"Unless you can watch your stocks drop 50% without having a panic attack, you
shouldn't be investing in the stock market." Warren Buffett

"The worse the situation appears, the less effort is required to change it and the greater
the potential for advancement." George Soros

"October. This is one of the months where it is particularly dangerous to speculate on

stocks. The others are July, January, September, April, November, May, March, June,
December, August and February." Mark Twain

The price is what you pay. Value is what you get. Warren Buffett

Be fearful when others are greedy, and only greedy when others are fearful. Warren
Buffett

Only when the tide goes out do you know who was swimming naked. Warren Buffett

“You are neither right nor wrong because the crowd disagrees with you. You are right
because your data and reasoning are correct” Warren Buffet ***IF YOU WANT TO
KNOW MORE TIPS THAT WILL HELP YOU INVEST BETTER, CLICK HERE***

How a Paradigm is Born

Have you ever wondered...

Why are certain things done in a certain way? and they have answered you

Why have we always done it this way...

A paradigm is a set of rules that "govern" a particular discipline. These "rules" are
normally assumed to be "unquestionable truths" because they are "so obvious" that
they become transparent to those who are immersed in them. Like air for people or
water for fish.

What we are experiencing today are permanent "paradigmatic changes" in education,

the economy, business, companies, and politics. That is to say, a permanent change of
the rules. Those who anticipate changes are the innovators, those who begin by
questioning paradigms.

You can watch the video by clicking on the image

In our lives and due to influences that come from our family and our education, we have
learned things that we take for granted, paradigms that determine our thoughts,
thoughts that condition our behavior and this produces certain results. If we
want to break these paradigms we must start by looking at what we have learned in a
different way. Some say we should learn more or differently, others say we should
unlearn, but the question is to know what these paradigms are and how we can change
them and look beyond them to obtain greater results.
In matters relating to personal finances and money, it is no exception. In most
cases we have received little or no education in this regard, which is why the financial
results in many cases, I would say the majority, do not have the desired results.

A paradigm shift must then be made, breaking with the

established paradigms if we want to have different results.
Paraphrasing Albert Einstein, we cannot expect to solve
problems with the same way of thinking with which they were
created.

To change these paradigms, it is necessary to have

different information than what we have had until now,
especially on these issues that will affect our financial future.
Learning to think like those who have had the results we desire is the key to financial
success. That is why we must have the necessary tools that help us break paradigms in
our way of thinking regarding money and our personal finances.

If you want to start changing those financial paradigms, I invite you to review
and purchase this material: Financial Tips

The beginnings of famous entrepreneurs

We all have that entrepreneurial spirit within us and at some point we have wanted to
be owners of our own business.

Let's look at two of the reasons or excuses that have led us to abandon the dream of
being entrepreneurs:

1. Age, many people believe that after or before a certain age

it is difficult to undertake something. Nothing could be more
wrong than this, just to cite 2 examples, today we have stories of
young entrepreneurs achieving great things like Mark Zuckerberg
founder of Facebook at only 23 years of age and also the well
known Colonel Sanders (KFC), who went through various jobs,
created his famous chicken formula after the age of 45, then had
to live for a while on his country's social security, and at the age
of 66 he began to travel throughout the country to franchise his
formula, thus starting one of the largest and most famous restaurant chains in the
world.

2. Lack of resources is often one of the biggest excuses when starting a business.
Personally, I think that this can be overcome with education, information, creativity,
3. knowledge of alternative financing mechanisms, but above all with passion for what
you do.
Below are some examples of great brands and world-renowned companies that had
modest beginnings and faced difficulties in their environment, not to mention the
pessimism of the people around them, but their passion drove them beyond all of this.

These are some examples of entrepreneurs who managed to turn their dreams into real
and profitable businesses.

Apple Computer, one of the great computing giants, was founded in

1975 in a garage in Cupertino, California, with just under $30,000 by
Wozniak and Jobs.

Distrustful of his immediate surroundings, Henry Ford's father was always

skeptical of his son's ambitions and his dream of building
an automobile factory. Ford himself would recall his
father's words: “You'll never succeed with that. They will
never be sold.”

Henry Ford's enormous passion for mechanics and his

obsession with building a "horseless carriage" led to him
being nicknamed "Crazy Henry" by his neighbors. When
Ford drove his first prototype car (in 1896!), the crowd surrounded him with shouts and
laughter. “Yes, crazy,” he said, touching his temple with his finger, “crazy as a goat.”
Shortly after, he became one of the richest men in the world.

Hardness of the beginnings

Walt Disney, founder of the Disney Company, was so short

of funds in his early days that in his first films he dubbed
Mickey Mouse with his own falsetto voice.

Ray Kroc, founder of the McDonald's chain, supervised his first

restaurant by personally checking the kitchen and removing gum
from the parking lot. Ray Kroc was 52 years old and working as a
restaurant appliance salesman when he became fascinated by
the small hamburger restaurant of brothers Maurice and Richard McDonald and their
system of simple, cheap and fast food.
Kroc proposed to the McDonald brothers to extend their hamburger concept through
franchising and the three joined forces for this purpose. In 1961, Kroc bought the
McDonald brothers' share of the business for just over two and a half million dollars,
thus becoming the main owner of the chain, which would become the largest fast food
company in the world.

Sam Walton, founder of Wal Mart (the largest department store chain in the
United States), started out working as a cashier at his
first supermarket.
WAL*MART

In April 1994, Jerry Yang (25 years old) and David Filo (27) -
at that time PhD students in Electrical Engineering at the University of
Stanford (California) - created from a van parked in a lot in Palo Alto the first
index of internet pages organized by categories.

Eight months later, Yahoo! -as this Internet “portal” was

called- received a million visitors daily. Yang and Filo secured
the support of a venture capital firm and hired the services of
a manager specializing in new business development. In 1998,
the personal fortune of each of the co-founders of this
company was estimated by Forbes magazine at 850 million dollars.

From employee to entrepreneur

Jeff Bezos (34 years old) left his job as a stockbroker to sell books by
mail from the basement of his house. He packed them himself and took
them in his own car to the post office. This is how Amazon.com began,
which with its entry into the Internet became one of the most
spectacular business phenomena of the end of the century: thirteen
million customers in more than 160 countries. Bezos was chosen in
1999 as “Man of the Year” by the prestigious TIME magazine.

In 1985, 27-year-old Steve Case left his position as an executive

at Pizza Hut to embark on an Internet adventure. Without money
but with enthusiasm, vision and great tenacity, he launched
America On Line.

In 1995, Bill Gates made him a multi-million dollar offer for his company. He refused to
sell. Today, AOL - after purchasing Netscape, joining forces with Sun Microsystems and
merging with Time Warner - is one of the largest companies in the world, with a multi-
billion dollar value and 80,000 employees.
The founders of Intel Corporation decided to create their own
company, tired of having to endure the tyrannical control of their
boss at Shockley Semiconductors for years. “We were young and
arrogant. “We wanted the independence to do things our way,”
says Robert Noyce, one of Intel’s co-founders.

The Real Secret to Success in Your Finances

From a financial point of view we could say that there are 2 types of people:

Before mentioning them, let us clarify that we are referring here to topics that have to
do with personal finances, personal investment management, business and
entrepreneurship.

Read until the end, you will discover the true secret to success in your financial life.

Now yes, the 2 types of people are:

People who mismanage their finances.

In this group we find those people who do not have a financial

plan for their lives, do not know the basic terms necessary to
take adequate control of their money, and do not know how to
plan their financial present and future.

They have never learned how to increase their financial

intelligence and have never been taught this in schools or
universities, much less at home.

Let's look at some of the characteristics of these people:

1. They maintain high levels of debt and do not know how to get out of them.
2. If their salaries were doubled in less than 6 months, they would be equally or
worse in debt.
3. They do not know how investments work and therefore do not manage
investment portfolios.
4. They don't know the difference between assets and liabilities, so they keep
buying liabilities believing them to be assets.
5. They suffer from Superman syndrome, they believe that nothing will ever happen
to them and that is why they do not plan in the medium and long term.
6. They think that investing in the stock market is like going to a casino.
7. Your finances are predominantly driven by your emotions.

8. They don't know how to generate extra money when they need it and the only
 way they can think of is to borrow it.
9. They are afraid to try new things.
10. They dream of having financial freedom but don't know what it is or how to
achieve it.

These are some of the characteristics, although many are missing, which have an
impact on our finances. I think we've all been there at some point, the important thing is
not to stay in this situation for the rest of our lives.

If you identify with one or more of these situations, don't worry. At the end of the article
we will see the secret to get out of this situation.

People who manage their finances WELL.

Here we find people who, although they have not achieved all their financial goals, are
on their way to achieving them. They have a clear picture of their personal finances and
have established a short, medium and long-term financial plan.

Some of its features:

1. They are constantly concerned with increasing their financial intelligence.

2. They usually have an entrepreneurial spirit even if they are currently employed.
3. They buy assets that help them generate more income.
4. They care about building multiple sources of passive income and portfolio.
5. You are on your way to achieving financial freedom and peace of mind.
6. They constantly invest in their personal growth, in all areas including the
financial one.
7. They routinely detect more and better opportunities.
8. They enjoy more time and quality of life.
9. They are not afraid of failure, they learn from it and get up every time until they
achieve their dreams.

Before I tell you what the real secret is to having success in your finances, I want you to
reflect on the following:

At the beginning we said that there are 2 types of people financially speaking, those
who manage their money WELL and those who manage it BADLY.

No matter what you do, you must be in one of these two categories, for example:

If you are a doctor, you can be a Doctor who manages his finances well or a Doctor who
manages his finances poorly.
If you are an artist, you can be an Artist who manages his finances Well or an Artist who
manages his finances Badly.

If you are an engineer, you can be an Engineer who manages his finances Well or an
Engineer who manages his finances Badly.

And the same applies to employees, self-employed, networkers, entrepreneurs, business

owners, investors, etc…

We currently live in the age of information, many have considered this to be the most
valuable asset we have today, and the best of all is that it is available to all those who
want to get it and learn how to use it.

Now here is the secret to success in your finances... INCREASE YOUR FINANCIAL
INTELLIGENCE, yes that is the difference between those who manage their money
WELL and those who manage it BADLY is EDUCATION, INFORMATION that allows
them to make better decisions regarding the management of their money.

Well, if you want to start being part of the group of those who manage their money
WELL, I invite you to take steps to increase your financial intelligence. I recommend this
excellent material that will give you simple and powerful tools that will help you have an
adequate mentality regarding money, improve your personal finances, understand the
world of investments and how to generate multiple sources of income. ****CLICK
HERE****

Your Mind Against Money

Have you ever thought that your life is a fight against

money?

Many people at some point in their life, I hope it is just a

moment, experience this, others definitely have a
permanent fight with money and you know what, they
always lose.

But can what your mind thinks about money

determine if you are going to lose this fight?

Let's look at what T Harv Eker, author of the best-selling book The Secrets of the
Millionaire Mind, wrote.

THOUGHTS lead to FEELINGS

FEELINGS lead to ACTIONS

ACTIONS lead to RESULTS

Your financial blueprint is made up of a combination of your thoughts, feelings, and

actions around money.

And how was your money pattern formed?

Very Simple: Your financial pattern consists mainly of the INFORMATION or programming
that you received in the past.

Do you recognize phrases like the following: Money is evil, money is the root of all evil,
better to be poor but honest, rich people are bad people, etc…

Do you think that these types of messages from when you were a child created a certain
programming in your mind regarding money?

Well, I'll tell you that it has a lot to do with it. If you want to understand a little about
your results regarding money, you should review what thoughts you have regarding
these money issues.

Now if you want to change them you must start by introducing NEW AND DIFFERENT
INFORMATION which will generate different feelings with different actions and therefore
different results. But you definitely need to refresh the information in your mind.

In the book Financial Tips, Practical Guide to Personal Finance, the first module is
Appropriate Mindset, there you can learn more about what beliefs and money patterns
have been installed in your mind and why they are wrong. Start renewing your thoughts
to have different results. Make the decision right now and don't fight with money
anymore.

To purchase the material CLICK HERE.

Your Personal Finances

There are some general weaknesses in almost 90% of people when it comes to
managing their personal finances. Let's see what they are and some tips to improve
them.

1. Weak Point, Consciousness of Spending: Almost all people have had it engraved
in their subconscious since childhood that money is only useful for SPENDING it. This is
one of the reasons why people save or invest little.

Not everything about spending is bad, the issue is that people generally spend 100% or
more, if that is more, of what they earn.

In fact, if a person's salary is doubled, it is likely that in less than six months his or her
expenses will have increased by the same proportion or more.

TIPS FOR IMPROVEMENT: An excellent strategy for detecting and controlling this
situation is to easily keep track of daily expenses and write them down. An analysis
of this after carrying out the exercise for several days, at least a month, will allow us to
detect unnecessary money leaks that could be reduced. IMPORTANT: It is one thing to
realize where you are spending too much and another to detect where you can reduce
it.

2. Weak Point, Having Only One Source of Income: For educational and cultural
reasons we have been taught that the only way to generate income is by being
employed. Today, this situation no longer provides security, that is, today no one can
guarantee that a job will last forever; words like liquidation, restructuring, staff
reduction, are more common today even among large multinational companies.

TIPS TO IMPROVE: There are various ways to generate income and you have to learn
them. While being an employee is not bad, it is a mistake to depend on a single source
of income. There are various mechanisms such as entrepreneurship, franchises,
online businesses and many more that will allow us to have several sources of
income so that if one fails, the others will support us. The path to financial freedom is to
own your own business, so start building it.

3. Weak Point, Personal Finance, Balance Sheets and Budgets: Many people,
upon hearing these words, think of the complexity of numbers and financial formulas.
But in reality, these terms should have more to do with the ability to intelligently pose
and solve money problems. Many people believe that these topics are complicated and
only for people who have a lot of money.

TIPS TO IMPROVE: Knowing the general balance of our personal finances is like having
an interactive photograph in which we can see our current situation but also if we make
any changes it will allow us to see how it would be affected in the immediate future.
That is, imagine that before making a decision regarding an expense, or
investment, or whatever, you can simulate in your balance sheet how the
numbers would behave, and thus make a better decision. This is easier to do
than many people think and can be extremely beneficial.

4. Weak Point, Savings and Investment: Unfortunately, most people have not
generated a culture of savings. Many people think that saving and investing is for when I
have money left over, and most people are always saying they will start later.
TIPS TO IMPROVE: In matters of savings and investment there are two financial
levers that can make the difference between being rich and being poor, the first is
time, the faster you start saving the results will be astronomical, and the second is
compound interest, in the words of Albert Einstein one of the most powerful forces
invented by man. What I mean by this is that we should start saving as soon as possible,
hopefully from childhood, and that savings should be made through smart investments.
This formula will allow us to create wealth and fortunes in the medium and long term.

5. Weak Point, Immediacy: Rounding off the idea of the previous point, one of the
reasons why people fail to create fortunes is immediacy, that is, almost 100% of people
want everything to happen now, they want to be rich now, they want to have money
now, they want to improve their financial situation now, and therefore they cannot stand
waiting in the medium and long term to see results. This causes many people to give up
on their efforts to improve their finances, starting with the education in financial
intelligence that is so necessary to resolve all of this.

TIPS TO IMPROVE: First and most importantly, although many people do not like it, it
is necessary to educate yourself in financial intelligence, developing the skills that
will allow you to be more successful in managing money. And second, having the
necessary tools to build a financial plan for the short, medium and long term.
Remember that no one plans to fail, but many fail because they don't plan.

Many tools and more tips that will help you improve your personal finances immediately
when you apply them can be found in the Financial TIPS material. More information
CLICK HERE

Tips From An Expert

Robert Kiyosaki's advice

As you well know, Robert Kiyosaki is

considered one of the greatest experts in
financial education. He has been a great
promoter of these topics, as well as being
a great businessman and investor, not to
mention that he is a millionaire and the
author of several bestsellers.

Today he has great recognition worldwide,

although when he began to write his ideas,
which were a little different from the
traditional thinking of the majority of the
population, he had many critics and
opponents. Today the current financial
situation has proven him right in many aspects, but let's see here what his most
important advice is regarding having success with money management:

1. One of the great failures of the educational system is not providing financial
education to students

2. Lack of financial education causes people to do stupid things or be led by

incompetents.

3. Today, many financial experts continue to recommend: "Work hard, save money, pay
off debt, spend as little as possible and diversify." The problem with this advice is that it
is bad advice, simply because it is outdated.

4. Without financial education, information cannot be processed to turn it into useful

knowledge, and without financial knowledge, people suffer financially.

5. For me, it was very important to learn, when I was still very young, that we all have
money problems, no matter how poor or rich we are. Many people think that if they
could just have a lot of money, their financial problems would be over. They don't know
that having a lot of money causes even bigger financial problems.

6. Education does not solve money problems either. The world is full of poor scholars;
we call them socialists.

7. Financial intelligence solves money problems. In simple terms, financial intelligence

is that part of our overall intelligence that we use to solve financial problems.

8. Why do the rich get richer? It may seem unfair that the rules of money have
changed, making you poorer and out of your control, but they are. However, the key to
becoming rich is to recognize that the system is unfair, learn the rules, and use them to
your advantage. To achieve this, financial intelligence is required…

9. The rich continue to get richer because they learn to solve financial problems, they
see them as opportunities to learn, to grow, to get smarter and to get richer. The rich
know that the more acute their financial intelligence, the greater the problems they will
solve; that is why they can make more money.

10. Many people expect the government to solve their financial problems, but if the
government can't solve its own economic problems, can it solve anyone else's? The
good news is that if you solve your difficulties you will become richer and smarter.

11. The lesson to remember from this chapter is that, rich or poor, we all have money
problems, but the only way to become rich is by increasing your financial intelligence
and thus actively solving financial problems.

12. A high level of financial intelligence is required so that, no matter how much money
you earn, you can live well and invest.

13. We are all different, we have different interests and tastes. We also have different
qualities and weaknesses, gifts and talents. I mention this because I don't believe that
financial intelligence is the most important or the only one. I just think we all need it
because we live in a world of money, or, to be more precise, currency. As my rich dad
used to say, "Rich or poor, stupid or smart, we all use money."

If you want to increase your financial intelligence, check out this material CLICK HERE

Tips to get out of debt

Debts, that word sounds familiar to you, just hearing it makes most people feel a pit in
their stomach.

But yes, it is because most people spend their time in debt, or rather, over-indebted.
Although we all want to be debt free.

Let's review several points that will allow us to get out of debt and feel free.

1. Know and recognize our financial reality. That is to say, taking stock of how our
personal finances are at this moment, this will allow us to make a diagnosis and realize
the reality in which we find ourselves. And it is easy to do, it is called a balance sheet
and it will allow us to know how much indebted we are. The other thing is to recognize
that we have made mistakes and begin to correct them.

2. This is a very important tip: most of the debts we have had an emotional
origin. When you combine emotion with money, it can be an explosive mix. It's not bad
at all but you have to learn to control it.

3. Make an adequate plan of our finances, we all must have a financial plan, in the
Financial Tips material (which you can buy HERE), we teach how to make and use a
balance sheet that allows us to simulate what would happen to our finances in the case
of making a purchase, or investment or any financial movement. This will allow us to
know or anticipate possible bad results in our finances and thus avoid bad debts.

4. Since we are talking about bad debts, another piece of advice is to understand
that there are also good debts, those that generate income above the interest they
charge us.

5. Understanding this then it is necessary to have a plan to get out of debt. After
determining their value, it is important to estimate an amount to pay for them within the
budget. There are two ways to achieve this, the first is to reduce expenses:
many people find it difficult but it can be easier than we think, in a previous lesson we
talked about it and in the Financial Tips material there is more information. The
second way is to increase income, there are many ways, some simpler than others
but definitely within everyone's reach. What it takes is determination and a desire to
learn how it's done. Financial Tips dedicates an entire chapter just to this topic.

6. If possible, negotiate interest with creditors.

7. Try as much as possible not to get into more debt. In a survey about what
people do when they urgently need money, most people responded that they borrow
money, very few look for a way to generate it. This is because we have been taught
culturally and educationally that money is for spending, that we have to work to earn
money and we have been taught little about how to put money to work for us and how
to create opportunities to earn more money.

Well, these are some tips to get out of debt. The most important thing is to know our
current financial reality (Diagnosis) and create a plan to get out of it. I also recommend
that you read the book The Richest Man in Babylon, which has an excellent strategy for
getting out of debt that has worked perfectly since ancient times. You can purchase the
book and audiobook for FREE with the purchase of the Financial Tips material.

What is financial freedom?

Much has been said today about financial freedom. Truth be told, I want to achieve it,
you too, just like almost everyone else…

But perhaps the most common impediment for most people who do not achieve it is the
lack of knowledge. Almost no one knows how to define it, and even more, almost no one
knows how to measure it. Everyone dreams about it and associates it with the things
they would like to do if they had financial freedom. In other words, when you ask people
what financial freedom is, they tell you things like: having all the time available to do
whatever I want, or traveling around the world whenever I want, or having a big house,
or being my own boss, spending more time with my family, etc.

This is fine, but these are just some of the results of being financially free, having a
better quality of life.

Another mistake is to confuse financial freedom with having a lot of money. In fact,
there are many people who earn a lot every month but spend more than they earn. Do
you know anyone who has experienced this?

Financial freedom is achieved when passive income (also called dynamic, inertial or
residual) is greater than the total expenses that allow you to have the quality of life you
desire.

If you missed a bit, I recommend reading the book Financial Tips where these concepts
are explained well, you also have the tables in Excel so you can measure how close you
are to achieving your financial freedom, as well as a video that explains how to use
them.

Here is the first secret to achieving financial freedom: EDUCATION IN FINANCIAL

INTELLIGENCE.

I am sure that when you see the material and study it and do the exercises you will
realize how to achieve financial freedom.

Another very important tip: many people associate financial freedom with a certain type
of business or activity. No, money-making opportunities won't give you financial
freedom. What will is how you manage, multiply, and use that money. And this
is achieved, according to experts, by being the owner of your own businesses that run
on autopilot.

I want you to look at the following statistic and think about where you would like to be.

The following is a true statistic that should make us think:

Out of 100 people Upon reaching the age of 65:

1 ………. He was wealthy.

4 ………. They had income.

3 ………. They were working.

16 ………. They had died.

76 ………. They depended on Someone else.

By the age of 65, 92% of people had died and others were completely destitute.

This is even more worrying when compared to the following statistics:

Throughout your life, with the performance of your work, a fortune will have
passed through your hands.
Hundreds of thousands, maybe millions of dollars will pass through your hands; the way
you handle money today will determine how you live tomorrow.

The money you will need to sustain your future will come from money saved during your
productive years and previously sent with interest (Smart Investment), to be used later.

If we can see the relationship between both statistics, we must stop and think that these
people, who were 65 years old and had no resources at the time, had spent fortunes
that they could not even imagine during their productive life through their coffers. Most
likely, due to a lack of financial education, they did not know how to take advantage of
it.

I repeat here the most important advice from experts on this topic, such as
Robert Kiyosaki, Donald Trump, Warren Buffet, Nial Ferguson, T Harv Eker,
Timothy Ferriss…

If you really want to achieve financial freedom and have a better quality of life, it won't
be easy, but it is possible. What you need is to learn, gain education in financial
intelligence, and have the firm decision to persist until you achieve it. It's what everyone
who has achieved it has done.

But first of all, it is important that you know what the number is for your financial
freedom.

MORE FINANCIAL TIPS IN THE BOOK “FINANCIAL TIPS – Practical guide to personal
finances”. Get it here.
Are you a saver, a gambler or an investor?

At some point in our lives, we all have to start managing money. I remember the first
times my dad gave me money, a mix of emotions and feelings, that I did… you guessed
it, I spent it all. Later on I received money again and again as I continued to grow. As a
student, as an employee, as a freelancer, as a businessman, as a father, in short, money
has always passed through my hands and in one way or another I have had to manage
it, whether well or badly.

If we look at the way people manage and use their money, we can discover several
things. There are two feelings that determine your attitude towards money, especially
when it comes to investing or generating more money. These feelings are: FEAR and
AMBITION.

Let's see then how we would rate people with respect to these feelings of Fear and
Ambition (Not the legitimate desire to prosper, but the one that prays the end justifies
the means)
SAVER

The person who sets aside part of the money he earns for
future needs, with the hope that one day this money will grow
to give him the lifestyle he has always dreamed of.
Understand that saving is not bad, on the contrary, it is an
excellent idea. The issue here is the attitude of the saver,
what motivates him.

The characteristic feeling of savers is FEAR, so their money is in a low-risk and low-
return investment medium, justifying above all things the security of capital. (Ex: like
the savings account, the CDT, the mattress, yes, many still keep the money in
Bancolchón for fear that something will happen to them at the bank.

BETTOR

They view investment or business opportunities the same way they

view a casino. It's just luck. They just roll the dice and pray.

They do not analyze the risk; they are carried away by the feeling of
excessive AMBITION and get involved in any venture with high profits
without analyzing the risks, they sell properties, take out loans to
"gamble" and when they lose they blame others, they argue that
they were victims of a deception but they never assume
responsibility for their actions.

Working as a stockbroker, I met many of these people, people who put their money into
the stock market, buying shares as if hoping to win the lottery. The worrying thing about
this is that many of them lose. They are carried away by feelings, by misinterpreted
news, by the advice of others who are not educated.
INVESTOR

These people use their financial resources in order to obtain

some future benefit. They are aware of the need to invest. They
actively engage in their own investment decisions. THEY HAVE A
CLEARLY DESIGNED LONG-TERM PLAN that will allow them to
achieve their financial goals. They invest in financial
education, which gives them many advantages. They are
generally skilled at growing their money and seeing
opportunities where others do not.

The investor does not allow himself to be paralyzed by FEAR, nor does he make
decisions based on AMBITION; the Investor analyzes the risk, assumes it and controls it.

There is a big difference between these three characters, which is clearly

financial educationhttp://www.tipsfinancieros.com/libertadfinanciera.html.

Again the question: ARE YOU A SAVER, A GAMBLER OR AN INVESTOR?

Regardless of where you identify, I'm sure that after reading this you want to be more of
an INVESTOR, so here are some tips:

Obviously, being an investor implies being, doing and having an investor's mentality,
NOT LETTING FEAR PARALYSE YOU, OR MAKING DECISIONS BASED ON AMBITION.

1. Seek advice from professionals on financial matters.

2. Understand well the investment you are going to make. Please read the investment
contract completely and carefully. Once you understand this, decide if this is the type of
investment you want to make. If you are not comfortable with the clauses, we suggest
you withdraw your investment.

3. Determine a strategy for short-term return on investment. The professional investor

knows that his main objective is to recover his money in the shortest time possible.

5. Train yourself in topics related to financial intelligence. A professional investor knows

that in a world of constant change, financial education is of vital importance to achieve
their financial goals more quickly. Invest 10% of your earnings in areas that will help you
increase your financial quotient. The amount of money you will be able to generate will
be proportional to the economic level that your mind is prepared to accept.

OTHER TIPS

1. Improve your investment knowledge

2. Research before investing
3. If you have clarity and confidence, go for it.
4. Invest, don't gamble or "try it out"
5. Diversify your portfolio, don't spread yourself too thin
7. Don't be greedy: withdraw your profits regularly
8. At least 50% of your portfolio should be in stable conservative programs
9. Do not invest more than 10-20% of your portfolio in high-risk programs
10. Don't get emotionally attached to investments

The 7 most frequently asked questions about investing in the

New York Stock Exchange

Today I bring you a very interesting post with a good video

aimed at answering these questions. Today we have a luxury
guest on Financial Intelligence: my friend and tradercoach Javier
Hernández, from inviertaparaganar.com

Originally from Colombia, he set himself the goal of creating the

best trading course on the New York Stock Exchange and
according to the numerous testimonials he has received from
his students, he has achieved it. So here I leave you a little of its
history and apart from that, the video where the famous 7 questions about the Stock
Market are answered.

After training as an engineer, completing an MBA at one of the world's leading business
schools, and working for multinationals such as Sun Microsystems and Microsoft, he
read Robert Kiyosaki and understood that he was in the "rat race," which, while it might
make him happy with a considerable amount of money each month, would not leave
him much time to enjoy it.

He then decided to train himself, to increase his financial intelligence with the aim of -
as he usually says - "firing his boss." So much so that he dedicated his holidays to
traveling to the United States to train with Kiyosaki himself and other experts such as
John Carter, Steve Forbes and Greg Capra.

And that's what he achieved! Since 2008 (when he resigned from his position as an
executive at Microsoft), Javier has lived off his investments, which take him no more
than 4 hours a day, and which allow him - without being a millionaire - to live a life of
true freedom.

His secret was to develop a special investment strategy, which he called "Zen Trading",
focused on giving the investor time to do the things he likes most.

This means: automating as many actions as necessary for success, knowing what gives
the best results, and in this way shortening the amount of time dedicated to work and
increasing the return in profits for each hour invested.
In his case, this translates into being able to travel permanently, while at the same time
helping others achieve this same state of financial freedom. In the following video, you
can see him enjoying the beaches of Punta del Este.

The questions answered in the video are:

1) How much money do I need to start investing on Wall Street?

2) Is it necessary to speak English to invest in the New York Stock Exchange?

3) Do you need to have a bank account in the United States to work with a broker?

4) Do I have to pay taxes on the profits I have made from my shares?

5) What are the benefits of investing in the New York Stock Exchange compared to
local stock exchanges?

6) Do you need a US visa to open an account?

7) What is needed to invest?

Without further ado, the material:

You can watch the video by clicking on the image (At the end of the article)

What did you think? Comments are welcome

FROM TRAMP TO MILLIONAIRE

On Forbes magazine's list of the richest men in the world is a man

who has shown that the American dream is more than just an
expression and has a name and surname: John Paul DeJoria, from
vagabond to one of the 1,000 richest men in the world. Here is
her story…

in The World With an estimated fortune of $2.5 billion, DeJoria appears on

´s
Billionaires, his profile reads “Fortune: self-made,” and never has a description had
so much meaning.

DeJoria's story could easily be straight out of a Hollywood script. The life of a child who
at only 9 years old had to go to work to help his mother. They barely had to eat anything
after his parents divorced when he was just two years old and, together with his older
brother, he tried to earn a few dollars selling newspapers and Christmas cards. But soon
the situation became unsustainable and their mother had to abandon them in a foster
home in the hope that the State could take care of their needs better than she could.

DeJoria soon began to come to terms with his fate. He would never amount to
anything and like so many teenagers he rebelled against all established rules. Without
solid pillars, the result of a clear example of a broken family, he began to flirt with the
street gangs of Los Angeles until he finally joined one of them. Years went by until one
day at school he realized that this was not what he wanted.
It was one of his teachers who made him change his perception of life. According to
DeJoria in multiple interviews, the words “you will never ever be successful in
anything in your life” marked a before and after for this entrepreneur in the world of
hairdressing and alcoholic beverages.

One of the most recognized men in the US

At 65 years of age, he is the owner of John Paul Mitchell Systems, Patron Spirits
Company, Patron Tequila, Solar Utility, Diamond Audio and many other companies that
he has founded or bought throughout his life and that bring him great benefits. But it
wasn't all days of wine and roses. After graduating from high school, he joined the
United States Navy. When he graduated, he wanted to study dentistry, but the high cost
of American universities made this impossible.

A more than brief marriage left him alone with a son to raise. He sold encyclopedias, life
insurance, repaired bicycles... It was not enough and, too proud to ask for help, he
ended up living on the streets, in a car, on more than one occasion. To survive, he
collected bottles and cans, which he exchanged for potatoes, rice, or cans of soup at the
grocery store.

Her big break came when Redken Laboratories, the largest hair products company in
the United States at the time, crossed her path. He started out earning $650 a month,
but that allowed him to take the next step on the road to success. With a $700 loan, he
teamed up with a friend, Paul Mitchell, to launch a promising business selling hair lotions
and revolutionary styling methods. For the first year, it was nothing more than a mailbox
at the post office where orders were received, while DeJoria and Mitchell went, literally,
door to door in living rooms across the country. His sales formula was the key to victory.
At that time, the "if you are not satisfied, we will give you your money back" approach
was not common among merchants, but thanks to this philosophy, they managed to get
people to try their products and the hairdressers they visited were more than convinced.

Today, John Paul Mitchell Systems is an empire that still operates with the essence
of those days: doing more with less. Not in vain, the company has three times the
number of employees that a firm of its category should have, however, the secret lies in
performance. JPMS pays well above other companies in the sector and the extra benefits
that its workers receive have become a link of loyalty to the company and,
consequently, efficiency. In the more than twenty years that it has been operating, the
number of people who have stopped working for them of their own free will is only a
handful.

Married to a playboy, with four children and six grandchildren, John Paul Dejoria's life
is a clear example of dedication to others. His charitable works are well known and he is
dedicated to doing his part to create a better world. It collaborates in the fight against
cancer, autism, diabetes, leukemia, multiple sclerosis... in the battle against climate
change, in foundations that help children, in environmental organizations or in the
survival of Indian reservations in the United States, among many other activities. He has
been actively involved in clearing landmines in conflict zones alongside Nelson Mandela,
Brad Pitt, Richard Branson and Queen Noor, and has even acted as a shield between a
group of hunters and a herd of seals in Canada.

A clear example that with effort and determination we can achieve our goals…
no matter how unattainable they may seem.

Successful Children and Young Entrepreneurs

A new generation of precocious entrepreneurs has emerged in

the US market: they are just over a metre tall and not old
enough to drive, but they have managed to make thousands of
dollars a year out of their inventions.

At 15, Jasmine Lawrence is one of the best representatives of

this new class of entrepreneurial children who have decided to
dedicate their efforts, previously focused on selling lemonade or caring for younger
children, to more lucrative businesses.

Under the motto of being young and achieving it, this African-American teenager runs
Eden Bodyworks LLC, a small company dedicated to the production of natural beauty
products that she founded when she was only 13 years old. According to his website,
the idea arose from a personal need…

Jasmine, tired of chemical products that damaged her hair, decided to use her
knowledge of natural substances to create a product that would take care of her hair.
After attending a business introduction camp aimed at children, she decided to take the
plunge. “They motivated me,” the young woman admits on her site. With an initial
investment of $2,000 to buy oil, plastic bottles and the rest of the materials, Jasmine
turned her bedroom into the factory for her company, where she manufactured a single
product that she sold in small shops in Williamstown (New Jersey, USA); thanks to word
of mouth, success was not long in coming.
Currently, it offers seven products and reaches eight states, which is why it has been
forced to expand its factory and move it to the garage of its house. Last year, the young
entrepreneur earned $15,000, of which almost 60% was profit, and is about to sign a
distribution contract with Wal-Mart, the largest US department store chain.

Spencer Whale is another example of precocity. At the tender age of 6, he invented a

useful toy that helps children's stay in the hospital more bearable and that prevents
parents and nurses from having to run through the corridors holding cumbersome
intravenous drips. The KidKare Riding Car is a colorful pedal car that also serves as a
base for carrying medical equipment. It won a contest and soon after, the young man
from Pittsburgh - now 14 years old - sold his license to a company to manufacture it on a
large scale.

It was a long process that was not easy, but today his invention is one of the most
popular toys in the children's medicine wards of hundreds of hospitals in the United
States. It was precisely the difficulty that these little geniuses have in finding a
commercial outlet for their creations that led Norm Goldstein to create By Kids for Kids,
a company that helps children launch their products onto the market. “There are many
competitions where children’s inventions are showcased, but there is no business
approach that supports the research, development and commercialization of the ideas
they propose,” Goldstein notes on his website.

The businessman himself experienced this lack of interest from companies first-hand
when his daughter Cassidy, aged 11, invented a support for painting with wax paints to
prevent them from staining or breaking.

Goldstein founded his company, which invests up to $40,000 in each project and
provides children with legal advice and promotional materials, based on the premise of
giving children an opportunity. In exchange for sharing equally the profits generated by
the invention, the young creators benefit from the manufacturing agreements that By
Kids For Kids has with major toy companies, such as Mattel.

DISCIPLINE IS THE KEY TO SUCCESS

DON'T EAT THE MARSHMALLOW

Don't miss this video about how a child's self-discipline becomes a determining factor
for an adult's success.

Ps: The video has the option of subtitles in several languages.

You can watch the video by clicking on the image

PURSUE YOUR GOAL

Taken from the film THE PURSUIT OF HAPPINESS, starring Will Smith. The true story of
Chris Gardner.

"Hey... Never let anyone tell you that you can't do something... not even me... okay?"
"okay"

"If you have a dream, you have to protect it. People who can't do it will tell you that you
can't do it either... If you want something, go for it, period."
 You can see the videos by clicking on the image

The Butterfly Circus

These two videos teach us a lesson about difficulties and the attitude with which we face
them.

The greater the difficulty, the more glorious will be the triumph.

You can see the videos by clicking on the image

WHAT IS YOUR TALENT?

YOU KNOW WHAT YOUR TALENT IS, SURELY YOUR SUCCESS WILL ALSO BE THERE.

Paul Potts shows us that with faith and passion we can overcome obstacles.

Aged 36 and extremely shy, with self-confidence issues and low self-
esteem, his dreams were cut short due to a benign tumor and a
motorcycle accident, which prevented him from continuing to take
singing lessons.

After becoming demoralized and returning to his country, he dedicated

himself to selling cell phones.

But she decided to go ahead and auditioned for the show "Britain's Got Talent" where
thousands of fans from all branches of the arts compete for a significant cash prize.

Facing rejection, even from the judges, and laughter from the audience, the shy cell
phone salesman comes forward to try to achieve his dream.

Someone said that luck is when preparation meets opportunity and this is what
happened to Paul Potts, the moment he discovered his talent, that is also where his path
to success began.

You can see the videos by clicking on the image

@ Paul Potts, Finale - part 1

(subtitles - english)
CONQUERING GIANTS

Never give up! Never back down! Never lose faith!

Discover how faith plays a vital role on and off the playing field.

Many times the most fearsome giants are not outside but
within ourselves, as well as the faith and strength to overcome
them.

You can watch the video by clicking on the image

BEATING THE GIANTS.. MOTI VIDEO.