You know that you have good friends when they know what kind of books would help you breeze through a crisis in your life. A book called, “The Secret Life of a Young Millionaire” was handed to me recently. I felt sudden intrigue as I read the title. I will not spoil what’s inside the book. But these 7 Mathematical Symbols that teaches us about Financial Freedom? This I have to share.
Originally put together for the book’s integral part touching financial freedom, it serves a global audience once understood. The writer and millionaire himself, DJ Dimaliuat, spoke of experiences he went through in pursuing financial freedom himself. Let me rewrite and share this beautiful part which is my personal favourite.
7 MATHEMATICAL SYMBOLS THAT TEACHES US ABOUT FINANCIAL FREEDOM
A lot of people hate the subject Math because our teachers back in school tend to over complicate it. If they only knew that you can actually use the basics for everyone’s financial freedom, their approach could be different.
Earning money is never enough if one wants to be financially free. You got to learn the principles of financial freedom and apply it in your life now. A lot of people wants to get rich but they fail to understand this very powerful concept: You can never be rich, unless you are financially free first.
Let me share to you the things that Math can teach you about financial freedom and how it can help you meet it:
1. Less than (<)
You must alway spend less than you earn.
This is the most important but often neglected rule in Financial Freedom. There’s no person who overspends, gets to be financially free. No matter how much you earn, if you are spending all of it, or worse more, you can never achieve financial success. Sooner of later, your income may encounter a roadblock or a hump the will reduce its speed. Making sure that you always spend less that what you are making will give you a certain amount to invest in order for your money to grow.
2. Greater Than (>)
Your Passive Income must be Greater Than Your Expenses.
The real goal is not to gather the biggest income but to exceed your expenses with the income that you generate without requiring your own time. Time must always be in the equation when we talk about freedom. You can never really be financially free if you are still trading time for money, no matter how big your income may be.
3. Addition (+)
Add value to other people’s lives.
Find a way to give more value to other people. In that way, your perceived value grows. You can eventually make more money as a result. Look for solutions to problems of people and you will get paid. That’s what entrepreneurs do. That’s how entrepreneurs are born.
4. Subtraction (-)
Subtract things you do in your life that you don’t like doing.
Trying to do everything on your own is a death wish. Learn to delegate tasks that make you inefficient. Entrust key tasks that are taking too much of your time. Outsource tasks in areas where you don’t excel of you don’t like doing so you can focus on things you are good at. Eliminate distractions that are counter-productive. Only do things that makes sense to you now.
5. Multiplication (x)
Multiply yourself through others.
Believe that you are ‘duplicable’ and you are not so special. There are people who can do things that you do. some, maybe even better than you. Leverage through them so you can have more time for other things that you need to do. Focus on things they can’t do. there is where you’re needed. Developing leaders is the single best decision you can ever do in your life and in your business. You multiply your resources, you multiply your results.
6. Division (-)
Divide tasks and assign it into teams.
Nobody can be great alone. You should have teams. Learn to work with other people so you don’t have to do everything on your own and get choked. Assign tasks to your leaders. Allow them to take the spotlight. They love it! Learn to share the accolades as well as the rejections and failure. Doing it together with a team makes jobs easier, obstacles smaller, rejections lighter, and victories sweeter.
7. Equals (=)
Your self-worth will always equate to your net worth.
How much wealth you believe you deserve, that is what you will tolerate. What you tolerate, that is what you earn, what you keep, and what you further create. Believe it or not, there are some people who earns a big amount of money then they feel guilty about it. They don’t feel they deserve earning that much (either consciously or subconsciously), and that’s why their tendency is to throw it all away. Believing that you deserve wealth is a crucial part of being financially free. You got to learn how to receive.
Besides these 7 Mathematical Symbols That Teach us Financial Freedom, I find DJ’s experiences raw and real. He presented examples that spoke greatly of the Philippine setting. Finally, a book where Filipinos could deeply relate to. With his purpose of writing this for the youth whose dream is to live an abundant life with meaning and purpose, he attains a global reach to the OFW’s, who are one of the major income generators for the Philippines.
The possibilities of this book is endless. It is a living proof of how one person was able to reach his dreams not because of magic or inheritance, but of commitment. He had put a promise out in the public that he will complete this book where he was answerable to the spectators. This drove him to great heights. This propelled him into becoming an icon of being “driven”, hence his current business, DRIVEN Marketing Group, Inc.
He had become one of the Philippine icons of success in giving out motivation and financial/entrepreneurial advice alongside Bo Sanchez, Floi Wycoco and Chinkee Tan. He believes that the world needs more leaders who are abundantly sharing their blessings to more people. If you share the same vision, this book is for you. Log on to www.djdimaliuat.com on how to purchase the book. It could be a good gift this Father’s Day too.