Eight Steps to Financial Success

Written By RajaBlog on Thursday, March 10, 2011 | 8:12 PM


Singapore's youngest millionaire, Adam Khoo, offers tips for achieving financial success. Any tips? According to Adam, to achieve success in international finance, first step that must be done is to instill confidence in themselves. "Believe it 10 years or 5 years from now we could be millionaires. If we think can not, can not, we will never started," said Adams in a ceremony at the Hotel Aryadutha Wealth Academy, Jakarta, Saturday (15/01/2011).

The second step, continued Adam, must change the bad habits that keep us financially successful. "Some customs exist that can make us become rich is that makes us more difficult," he said.

The habits that make a person become successful financially, he said, is to invest and no-retreat mengundur time to take action. "A millionaire to invest more than they spend," he said.

Then, what is a form of investment? According to Adam, the investment is any form of allocation of funds that then can add money, as opposed to simply reducing spending money. "Education? That investment, buy a book to learn financial, it's an investment. While buying a luxury car, it's shopping," he said.

In addition to having beliefs and habits billionaires, then steps must be done, Adam said, is to set goals or targets to be achieved. "Goal, how much money you want to have, you must have a target to know how to reach that target," said Adam.

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