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Tuesday, April 13, 2010

Road to Millionaire : compounding saving


i found this technique when i was in one of Bpk Krishnamurti workshop.. he shared this in one of the paper sharing titled "NLP for Prosperity" during the 1st Indonesian NLP conference earlier this month..

the principle is simple.. start with whatever amount you confident and comfortable.. and discipline yourself to do the saving accordingly.. the earliest you can bank-in or transfer the saving is between 1 month.. so if you look at the table above, eventhough you have money to save immidiately (let say between the first month and second month), you still need to wait until next month..

by calculation, you can be a millionaire on your 17th savings.. pls take note that you will need more time (may take two or three month) to fulfill your next saving, especially when its getting bigger..

the concept is that if you can save the amount last month, you can save the same amount again this month, but let go double from last month, then add RM10, to show yourself that you can do more..

its the game of mind power.. just play along and follow through the process.. you'll learn a lot more than just simply being a millionaire.. let see if you can compromise your own mind and got the charisma of a millionaire by completing the task..

click
Go Double! if you want to read Bpk Krishnamurti own word on this technique.

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