SOME TIPS TO GET YOU GOING

This page is dedicated to help MoneyTree students recap on their financial knowledge and also let other subscribers to our blog know about all this interesting facts that is just so simple to follow. I’ll be releasing a tip per week and I hope this will never run out. Enjoy

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PASSION

Did you know that many people succeed because they do something out of passion? Having passion means to have enthusiasm about a subject, idea, person, or object. Let’s take Robert Kiyosaki for example, he’s rich, famous and most importantly achieves all this from nothing. Yes. Nothing. If you have passion, even in your studies, you will soon realise that you will be able to reach another level that you initially thought was impossible. Like MAGIC.

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SAVINGS

Did you know that saving money in a bank is actually causing you to lose your money instead of gaining money? It is true that the annual interest rates of banks will be lower than the annual inflation rates (the rate at which the value of money is decreasing). As a start, it’s good to save when we’re young as we cannot invest in any medium yet. So for your advantage, as soon as you are able to invest in anything, be it low risk or high risk, do anything that will make your annual returns higher than the inflation rate. You can ask us of any investment vehicles that you can actually invest in at a young age, but you have to sit for our courses

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BUSINESS PEOPLE

Did you know that most business people started off by being salesman themselves? The basics of business is selling the product that you have. And to sell it, you need some sales skills right? Even when trying to start your business by looking for investors, you have to pitch your idea to them and try your best to convince them that your idea will work! Wanna know how to train to be a businessman? You should try persuading your friends to do something that they may or may not want. If you manage to persuade them and let them agree, you are on your way to become a great business person.

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IDEAS

Ideas are the most expensive things in the world. If you think money is the most expensive thing, well maybe you’re right but ideas are the main cause of that money that is rolling in. Bill Gates’ idea of making computer easier to use for everyone made him the guy he is today. Sergey Brin and Larry Page wanted websites to be more interconnected and make people search for these websites easier with a specific computed method. And look where they are now…. Interesting?So listen up, if you have an idea, don’t hesitate, share it with the ones you trust and the ones you know can bring it further, which is us.

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READING

Yep, remember parents and teachers telling you this : ” Reading is very important ” ? Well, we here at MoneyTree love parents and teachers but we do not agree to that statement fully. It depends on what you read. Reading is only important when it is useful and will actually help you in life. For school, it helps you by getting you good grades and secure you a good job later in the future. We here at MoneyTree believe that it is also important to read stuffs like Forbes, Fortune, and keep up with the market. Know why? You don’t need to be a businessman to get to know about the market. Even if you are working, you WILL be affected by the market. So? Wanna stick to that comic? Or do you wanna grab that Forbes magazine off the shelves and start reading?

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COMPETITIONS

Competitions are a good way to start off your path to be a successful person. Competitions require you to fulfill rules and regulations. Guess what? Competitions like business plan competitions will prepare you on how to make a good business plan and if the competition is deeper and further into entrepreneurship, it will allow you to experience running your own business and give you a taste of what it feels like to be your own boss. Competitions also give you a good headstart because you are able to network with other like-minded people that may want to do the same thing as you. For me, competitions has made me come to know of university graduates, given me even more certificates and even give me a potential award from the school for my excellent performance. I persuade you to actually give competitions a go as it will do nothing but good.