Cone of Learning

For those who attended EDP 1 Lesson 1, We've explained about the Cone of learning.

Active learning is the most effective ways to learn! You can read, you can attend EDP or listen to your leader's sharing, but you will not learn as effectively unless you apply active learning on it. Say YES, discuss about the things you've learned. Write, review and reflect on it! Most importantly, take MASSIVE ACTION. Even if you fail when taking action, you learn from it and that's what differentiate the RICH and the POOR.

Watch the video below to understand more!

Cashflow 101

Some of you have played the Cashflow 101 with us before. This is a fantastic game that will increase your financial IQ. Arrange with your leaders to play this game at least once or twice a month! However, the more you play the better you get!

It doesn't mean if you have money you are rich, you need the financial knowledge to retain your money! Watch the video below to understand more!

The 4 Quarters of life

Life is short, Singaporean Average lifespan is 81 Yrs old according to World Bank 2010.

We start learning and playing at a young age and usually start fighting for our lives at age 20 and above! I'm here to tell you we can start early. All you give up is a little of your teenage life in exchange for a meaningful wealthy life maybe even before you hit 25 or 30! It is entirely up to you!

Watch this video on how Robert Kiyosaki have divided our lifespan into 4 quarters and what do the average achieve when they hit a certain age.

Is Investment Risky?

Investment is risky? Most people would say that. But is it?

Investment is risky only if you do not know what you are doing! Is driving risky? You could get a car accident! But you go to driving school, you learn and take test to drive.

This is the same for investment. Most people get burned by investment is because they do not know how to invest! They take advice from poor people who are broke and expect to learn from them?

Watch the video below to understand more

3 Types of Income

3 types of income??? But we were taught only to WORK for money. That is active/earned income, is there other types of income? Of course there is.

Most people who grow up with no financial knowledge doesn't know there are other types of income! There's no need to be embarrassed if you didn't know, so do all of us when we started out!

Watch the video below to understand more about the 3 types of income and what type of income to go for!

Live Above Your Means!

Most people tells you to Live below your means! You do not need so much! That is poor thinking!
If you want something, you build the passive income for it! Take Massive actions for your dreams (:

Watch the video below to understand more!

Good Debt vs Bad Debts

We are always told to get out of Debt, get out of Debt. But do you know debts can harm you, but can also help you? Learn to understand the different between Good Debts and Bad Debts. Watch the Video Below!