HONG KONG BILLIONAIRE LI KA-SHING TEACHES YOU HOW TO BUY A CAR & HOUSE IN 5 YEARS
*The post Li Ka-Shing teaches you how to buy a car & house in 5 years appeared first on E27.
Hong Kong billionaire Li Ka-Shing shares some of his money wisdom, outlining an inspirational five-year plan to improve one’s lot in life
This article is translated from the original Chinese by Edmund Ng at CeoConnectz.
Suppose your monthly income is only RMB 2,000, you can live well. I can help you put money into five sets of funds. The first $600, second $400, third $300, fourth $200, fifth $500.
The first set of funds is used for living expenses. It’s a simple way of living and you can only be assigned to less than twenty dollars a day. A daily breakfast of vermicelli, an egg and a cup of milk. For lunch just have a simple set lunch, a snack and a fruit. For dinner go to your kitchen and cook your own meals that consist of two vegetables dishes and a glass of milk before bedtime. For one month the food cost is probably $500-$600. When you are young, the body will not have too many problems for a few years with this way of living.
Second set of funds: To make friends, expand your interpersonal circle. This will make you well off. Your phone bills can be budgeted at RMB 100. You can buy your friends 2 lunches a month, each at $150. Who should you buy lunch for? Always remember to buy lunch for people who are more knowledgeable than you, richer than you or people who have helped you in your career. Make sure you do that every month. After one year, your circle of friends should have generated tremendous value for you. Your reputation, influence, added value will be clearly recognized. You’ll also enhance your image of being good and generous.
Third set of funds: To learn. Monthly spend about RMB 50 to RMB 100 to buy books. Because you don’t have a lot of money, you should pay attention to learning. When you buy the books, read them carefully and learn the lessons and strategies that is being taught in the book. Each book, after reading them, put them into your own language to tell the stories. Sharing with others can improve your credibility and enhance the affinity. Also save up $200 per month to attend a training course. When you have higher income or additional savings, try to participate in more advanced training. When you participate in good training, not only do you learn good knowledge, you also get to meet like-minded friends who are not easy to come by.
Fourth set of funds: Use it for holidays overseas. Reward yourself by traveling at least once a year. Continue to grow from the experience of life. Stay in youth hostels to save cost. In a few years you would have travelled to many countries and have different experiences. Use that experience to recharge yourself so that you’ll continually have passion in your work.
Fifth set of funds: Invest. Save the $500 in your bank and grow it as your initial startup capital. The capital can then be used to do a small business. Small business is safe. Go to wholesalers and look for products to sell. Even if you lose money, you will not lose too much money. However, when you start earning money, it will boost your confidence and courage and have a whole new learning experience of running a small business. Earn more and you can then begin to buy long-term investment plans and get long-term security on your financial wealth being of yourself and your families. So that no matter what happens, there will be adequate funds and the quality of life will not decline.
Well, after struggling for a year and if your second year salary is still RMB 2,000, then that means you have not grown as a person. You should be really ashamed of yourself. Do yourself a favour and go to the supermarket and buy the hardest tofu. Take it and smash it on your head because you deserve that.
If your monthly income is at RMB 3,000, you must still work very hard. You must try to find a part time job. It will be great to find part time sales jobs. Doing sales is challenging, but it is the fastest way for you to acquire the art of selling and this is a very deep skill that you will be able to carry it for the rest of your career. All successful entrepreneurs are good sales people. They have the ability to sell their dream and visions. You’ll also meet many people that will be of value to you in the later part of your career. Once you’re in sales, you will also learn what sells and what not. Use the sensitivity of detecting market sentiments as a platform for running your business and in the identification of product winners in the future.
Try to buy minimal clothes and shoes. You can buy them all you want when you’re rich. Save your money and buy some gift for your loved ones and tell them your plans and your financial goals. Tell them why you are so thrifty. Tell them your efforts, direction and your dreams.
Businessmen everywhere need help. Offer yourself to do part time for any kind of opportunities. This will help to hone your will and improve your skills. You will start to develop eloquence and soon, you’ll be closer to your financial goals. By the second year, your income should be increased to at least RMB 5,000. Minimum it should be RMB 3,000, otherwise you would not be able to keep up with inflation.
No matter how much you earn, always remember to divide it into five parts proportionately. Always make yourself useful. Increase your investment in networking. When you increase your social investment, expand your network of contacts, your income also grows proportionately. Increase your investment in learning, strengthen your self confidence, increase investment in holidays, expand your horizons and increase investment in the future, and that will ultimately increase your income.
Maintain this balance and gradually you will begin to have a lot of surplus. This is a virtuous circle of life plans. Your body will start to get better and better as you get more nutrition and care. Friends will be aplenty and you will start to make more valuable connections at the same time. You will then have the conditions to participate in very high-end training and eventually you’ll be exposed to bigger projects, bigger opportunities. Soon, you will be able to gradually realize your various dreams, the need to buy your own house, car, and to prepare an adequate education fund for your child’s future.
Life can be designed. Career can be planned. Happiness can be prepared. You should start planning now. When you are poor, spend less time at home and more time outside. When you are rich, stay at home more and less outside. This is the art of living. When you are poor, spend money on others. When you’re rich, spend money on yourself. Many people are doing the opposite.
When you are poor, be good to others. Don’t be calculative. When you are rich, you must learn to let others be good to you. You have to learn to be good to yourself better. When you are poor, you have to throw yourself out in the open and let people make good use of you. When you are rich, you have to conserve yourself well and don’t let people easily make use of you. These are the intricate ways of life that many people don’t understand.
When you are poor, spend money so that people can see it. When you are rich, do not show off. Just silently spend the money on yourself. When you are poor, you must be generous. When you are rich, you must not be seen as a spendthrift. Your life would have come full circle and reach its basics. There will be tranquility at this stage.
There is nothing wrong with being young. You do not need to be afraid of being poor. You need to know how to invest in yourself and increase your wisdom and stature. You need to know what is important in life and what is worth investing in. You also need to know what you should avoid and not spend your money on. This is the essence of discipline. Try to avoid spending money on clothing, but buy a selective number of items that have class. Try to eat less outside. If you were to eat outside, do make sure you buy lunches or dinners and foot the bill. When buying people dinner, make sure you buy dinners for people who have bigger dreams than you, and work harder than you.
Once your livelihood is no longer an issue, use the remainder of your money to pursue your dreams. Spread your wings and dare to dream! Make sure you live an extraordinary life!
Famous theory from Harvard: The difference of a person’s fate is decided from what a person spends in his free time between 20:00 to 22:00 . Use these two hours to learn, think and participate in meaningful lectures or discussion. If you persist for several years, success will come knocking on your doors.
No matter how much you earn, remember to split your salary into five parts. Take care of your body so that it will still be in good shape. Invest in your social circle so that you will constantly meet new people where you can learn new knowledge from. Expanding your network will also have an important impact in how much you earn eventually. Travel every year and expand your horizons. Also keep abreast with the latest developments in the industry. If you follow this plan diligently, you will soon see big surplus in your funds.
Whatever happened in the past is over. Do not dwell on past mistakes. There’s no point crying over spilt milk. Everybody makes mistakes. It’s what you learn from the mistakes, and promising yourself not to repeat those mistakes that matters. When you miss opportunities, don’t dwell on it, as there are always new opportunities on the horizon.
Being able to smile when being slightly misunderstood is good upbringing. When you’re wronged and you smile with calmness, it is generosity. When you’re being taken advantage of and you can smile, you’re being open-minded. When you are helpless and you can do a philosophical smile, you’re in a calm state. When you’re in distress and you can laugh out loud, you’re being generous. When you’re looked down and you can calmly smile, you’re being confident. When you’re being jilted in relationships and you can smile it off, you’re being suave.
There are many people who are struggling to make ends meet. It doesn’t matter if you are rich or poor. There are lessons for all to learn from Li Ka Shing.
pas lihat2 foto ada foto yg pas lagi jalan di perjalanan menuju Sentosa Island ni.. satu dari beberapa foto kita yg ber2..
oya, fyi, di USS banyak spot yg bisa buat naruh camera n di timer kalo kita pergi cuma ber2 n pengen foto ber2 barengan.. hihi
hari itu dresscode nya kita blue hihi..
Perjalanan kami yg ke2 ke Singapore kali ni buat holiday and honeymoon hihi..Kali ini kita nginap di 2 hotel berbeda, karena kita belum sempat mengintip ke Little India waktu pertama kita ke Singapore jadi kita pilih 1 hotel d daerah little india, Hotel Grand Chancellor, hotel ini asik sih.. ada jendela gede di sisi nya (si honzie suka sama kamar berjendela gede), jarak nya juga lumayan deket dari Mustafa Center-tujuan kita nginep di daerah ini.. setelah check in n istirahat sebentar, kita jalan kaki menuju Mustafa Center. mustafa center ini buka 24jam non stop, so jam berapa pun kita ke daerah ini pas akan selalu ada.. daerah di sekitanya juga banyak yg buka 24 jam, n banyak turis disini. karena mereka uda tau kali ya kalo ini termasuk daerah wisata di Singapore, harga makanan disini agak lebih tinggi dibanding di hotel tempat kita nginap yg ke2. kita cuma 1 malam aja di daerah little india ini. yep, besoknya kita melanjutkan perjalanan kita-pindah- ke hotel yang ke2 di daerah Geylang, disini banyak hotel murah sih sebenernya, cuma karena ini daerah red light, so hotel2 ini sering dipake org buat short time.. haha.. and letak nya dgn stasiun MRT agak jauh, jalan kaki sekitar 10-15menit. pas kita pertama kali ke singapore dl, kita uda nginap di daerah ini sih, jadi kita uda tau keadaannya gmn. tapi disini makanannya lebih murah dibanding d little india haha.. kata honzie “favorit lahh..”
hari berikutnya memang uda kita rencanain dr pagi kl kita bakal ke Sentosa Island, karena dl belum sempat kesono,na kita sempatin mampir ke USS-Universal Studio Singapore at Sentosa Island. karena ini pertama kalinya kita kesana, kita agak bingung n belum nentuin transportasi dari hotel tempat kita nginap.. Umm.. kita disana memanfaatkan MRT sih. so, setelah baca sana baca sini, cari info sana sini (semuanya browsing sih haha) akhirnya kita putusin naik MRT ke Harbour Front (turun di vivocity) and jalan kaki menikmati pemandangan haha ke Sentosa Island, bayarnya 1SGD, sebenernya ada 2 lagi alternatif untuk ke Sentosa Island.. yg pertama jalan kaki bayarnya 1SGD, yg ke2 naik kereta (kaya MRT gitu cuma khusus ke Sentosa aja,dr Vivocity di lantai atas) 4SGD dan satu lagi naik cable car yg ini aku lupa bayarnya berapa. Pas mau masuk ternyata gate itu cuma bisa terima 1SGD yg koin atau beli tiket masuk di depan, pas kita cari2 kita cuma punya 1 koin aja, so kita balik lagi ke loket tiket di depan buat beli tiket masuk.
setelah masuk, bersyukur kita kesono di hari Senin n bukan hari libur, jadi USS ngga sebrapa ramai, pertama masuk ke Steven Spielberg studio, asik banget dah disini. oya, sebelumnya pas kita masuk, pas ada life show nya cow2 bule di area new york nyanyiin uptown girl, aku pikir pertama, wahh westlife nihh.. ternyata bukan sih.. setelah nonton sebentar kita ke studio nya si bapak Steven itu… di dlm USS kita ngga masukin semua permainan, soalnya males juga basahan2an gitu, yg sama sekali ngga kita masukin adalah jurasic park. yg lain sih masuk. di transformers ini seru juga.. kaya perang2 gitu hahaha. disono kita kebanyakan foto2 (ngga banyak juga sih benernya) beli botol minum ramuan (dari dulu uda aku incer, klo ke USS mau beli tuh botol) sama dikasi kado tas nya elmo sama Honzie (thank you darling.. i love you soo *smooch*)
Akhirnya setelah capek n puas keliling n menikmati USS, kita putusin pulang balik ke hotel.. Besok nya sebelum ke changi, kita rencana mau mampir ke Red dot Museum, pengen ngintip bentar kesono, ternyata sampai disono, museum nya tutup.. so sad..
ini ni penampakan luar bangunan red dot museum..
Ya udah lah akhirnya kita menuju Changi, masi belum jam 1pm udah smp Changi padahal flight kita jam 7pm.. hahaha.. akhirnya kita muter2 Changi, cari makan, cari permen2, dan rest area yg kita incer sejak kita dtg haha, ternyata pencarian kita ngga membuahkan hasil, padahal uda capek keliling2 and baca map. setelah deket jam boarding kita pindah ke area gate kita.. dan eng ing engggg,.. ternyata rest area yg kita cari ada persis di depan gate keberangkatan kita.. hahahaha…
ya intinya sih sebenernya perjalan kita ke Singapore ini supaya hubungan kit berdua di refresh lg, semakin intim lg, soalnya di jakarta kita malah seringnya berkutat sama kerjaan sendiri2, waktu yg bisa maksimal cuma weekend and holiday kaya gini..
sooo, kita sedang menantikan holiday and honeymoon kita selanjutnya sebelum memulai program lagi.. hihi..
Thank you God for everything in my life.. for every moment in our life..
PS: please send my kiss *again* for my beautiful Angel there.. we love her always..
Lagu ini taun kemarin jadi hits di banyak acara wedding sebagai lagu pembukaan waktu mengantarkan sang mempelai masuk ruangan (termasuk si koko yg notabene singer, so dia ‘menghantarkan’ istri nya masuk pake lagu ini.) tapi aku ngga mau ikut2an, jadi banyak perbandingan kalo banyak pasangan pake lagu ini, apalagi masyarakat kita punya budaya membanding bandingkan.. haha
Honestly, aku suka sih sama lagu ini. selain karena yg nyanyi Shane Filan (penyanyi favoritku di westlife) pas dia merit,Kerasanya romantis aja klo ada pria yg nyanyiin buat kita, apalagi dia org yg kita sayang. co cuitt.. hihi..
Hari ini aku tiba2 keingat, pas kepengen coret2 sesuatu di sini juga, uda lama ngga mencurahkan dan menuangkan ide (ciee..) dalam bentuk tulisan, so akhirnya judul itu yg ketulis.
Kadang aku ngerasa, walaupun belum satu taun merit, rasanya banyak banget hal2 yang terjadi dalam kehidupan pernikahan kami.. ngga cuma seneng aja tapi banyak juga sedih, dan bahkan yg membuat kita sakit. Ingat ngga dulu sebelum merit (buat yg masi pacaran) semua indah kan?! bayangin kehidupan merit yang happily ever after kaya di negeri dongeng (hahaha.. aku banget.. cinderella addict) tapi semua ngga kaya gitu.. eitsss jangan salah.. bukan juga berarti kehidupan merit itu menderita.. noooo.. kehidupan merit itu penuh sukacita kalo kitanya hidup dengan penuh pengucapan syukur.. bisa bersyukur waktu kita seneng.. wajar.. tapi tetep bersyukur waktu kita sedih atau kecewa? susah bro!! tapi bisa kok kalo diewati berdua (pengalaman pribadi selama beberapa bulan ini) hehe.. bukannya sok romantis, tapi apa yg aku bilang itu bener2 terbukti lo. saat kita lewati hal sulit, kalau pasangan kita ada di samping kita, kita berdua akan jadi lebih kuat. ngga bisa ilangin sedihnya atau kecewanya langsung, tapi paling ngga waktu ngelewati prosesnya itu yg penting.
Sekarang mungkin aku lagi di saat yg bisa nulis dengan positif, karena hal2 di belakang at least sudah membuat aku grow.. kata temenku aku berubah, yes aku sendiri sebenernya ngerasa kalo aku berubah, lagian everything changing, right? ^^ bersyukur kalo perubahanku ke arah yang lebih positif.
so, saat kita memasuki gerbang pernikahan, saat lagu Beautiful in White itu mengalun, saat mempelai ‘memasuki’ area pernikahan, ingat bahwa hal2 yg ada di depan bukan hal yg berbahagia selalu, atau lautan mengerikan tapi hal2 di depan adalah hal2 yang luar biasa, klo kita lewatin semuanya bareng2 Tuhan n pasangan.
God bless you..
PS: please send my kiss for my Angel there yaa Lord.. love Yyou