RUAHA CATHOLIC UNIVERSITY ACADEMIC CALENDAR 2015-2016

Kwa wale wanao hitaji almanac ya chuo tafadhari bonyeza 

RUCU ACADEMIC CALENDAR 2015-2016 !!!!

TRY TO FIND YOUR OWN WAY TO SUCCESS DO NOT STAND ON ONLY ONE SIDE

PATA HABARI ZA SIKU KWA KUBONYEZA BBC SWAHILI

Five Obstacles to Financial Independence

1.  Fear. Don’t play it safe and cling to what you think is secure. If you don’t go for it and think big you won’t be able to earn big.
2. Cynicism. Don’t listen to advice of others who are not doing what you intend to do. Listen to your self and those who are doing what you aim to do.
3. Laziness. Greed is good and fights laziness. Think about the freedom and money you’ll have and you will put in those extra work hours. Change your thinking. Instead of saying “I can’t afford it.” Ask yourself “How can I afford it?” Challenge your mind to create solutions.
4. Bad Habits. Spending habits should turn into saving and investing habits.
5. Arrogance. Don’t think you know everything there is to know about money. Listen to others. Enroll in useful seminars.

Ten Steps to Awaken Your Financial Genius:

1.  Find a reason greater than reality, a big dream. Think of the freedom, the lifestyle wherein you control your own time. Think of what you don’t want, i.e. “I don’t like being an employee”.
2. Use the power of choice, daily. You can choose to watch MTV, or watch EATV,. It’s how you choose to use your time and energy everyday that brings financial success in the long run.
3. Choose your friends carefully. It pays to have friends who are focused and achieving their goals. Surround yourself with friends you can learn from.
4.  Master a formula. Learn a new one, and learn fast.
5. Pay yourself first. Practice self-discipline by keeping expenses low. Tenants can pay for your expenses if you rent out apartments or mini-storage, for instance. Savings are used for investing and creating more money, not for paying bills.
6. Pay your broker well. Attorneys, accountants, stockbrokers, and real estate brokers will have more incentive to work harder for you. If they make more money, it means you make more money as well. 3-7% is a good incentive.
7. Be an Indian giver. It’s the concept behind ROI. (Return on investment) Invest and then take the initial money out after a time when the investment has earned for you.
8. Buy luxuries last. Let the income from your growing assets afford you the new car. Wait for your asset base to grow first. Middle class people buy luxuries first, on credit.
9. Find yourself a hero. When you play golf you can imagine you are Tiger Woods. When you do business, you can ask yourself, “What would George Soros have done if he was in my place right now?”
10. Teach and you shall receive. As in money, love, or friendship. If you give without expecting anything in return, you receive more.

RICH AND POOR PEOPLE

The growing gap between rich and poor is rooted in the antiquated educational system. The system trains people to be good employees, and not employers. The obsolete school system also fails to provide young people with basic financial skills rich people use to grow their wealth. Know your options and use this knowledge to build a formidable asset column.

In an age of instant millionaires it really isn't about how much money you make, it’s about how much you keep, and how many generations you can keep it.

The poor have day-to-day expenses, the middle class purchase liabilities that they think are assets (i.e., a home or a car), and the rich build a solid base of income-generating assets.

The middle class finds itself in a constant state of financial struggle. Their primary income is wages, as wages increase, so do their taxes. Expenses increase as wages increase. Hence the phrase “the rat race.” They treat their home as their primary asset instead of investing in income-generating assets.


The rich get richer because they keep acquiring more assets and investments to generate more income, which far exceeds their expenses

Schools train professionals. Professionals become so specialized they cannot apply themselves in other fields and need to form unions to protect their jobs. Remember you can have a profession, say, learn to be a pilot if you want to learn how to fly, but at the same time mind your own business.