1. YOUR ROAD TO SUCCESS…. CHAPTER 1

2. WHY DO WE NEED TO CHANGE?

3. THE ONLY THING KEEP CONSTANT IS CHANGE.

4. SEE THE CHANGES AROUND US: THE PEOPLE; OUR RELATIVES, OUR FRIENDS, OUR COLLEAGUES…………. THE WAY WE LIVE; FASHION, FOOD, NEEDS THE TECHNOLOGY; INFRASTRUCTURES, BUILDING, COMMUNICATIONS……… ETC

5. Scared of leaving their Comfort Zone Scared of Losing something in their life Ignorant to the changes In the outside world (Narrow mind) WHY PEOPLE DO NOT WANT TO MAKE CHANGES?

6. Your Life-Style CHANGE because of SELF- CONSCIOUSNESS ， TAKE ACTION NOW……… YOUR ROAD TO SUCCESS….

7. CHANGE- Because we demand for more …. 9-5 lifestyle, RAT- RACE Freedom in Life

8. TRAVELLING

9. HOUSE & CAR Mansion LUXURIOUS LIMO

10. YOUR ROAD TO SUCCESS…. BETTER QUALITY OF LIFE

11. FINANCIAL STABILITY

12. BETTER WELLNESS

13. BUT, WHAT LET YOU DOWN? YOUR INCOME?; YOUR QUALIFICATION?; YOUR KNOWLEDGE? YOUR PERSONAL ABILITY? ETC

14. People who curb their needs according to their Income People who Increase their Income according to their dreams

15. (Working Group) ： 1mth x 4weeks x 5days x 8hrs=160hrs Weekly income: $5500.00÷160hrs=$34.38 $34.38/hr YOUR ROAD TO SUCCESS….

16. After 20 years’ saving ：－ $5,500 x 12mths x 20yrs ＝ $1.32 million $1.32 million is sufficient to support your commitment after retirement ? BILL GATES earns $500/second ， Every hour earns $1.6 million YOUR ROAD TO SUCCESS….

17. ACCORDING TO THE STUDIES FROM YALE UNIVERSITY ： Depend on support from Children/CPF Able To Retire, but Cannot Over Expend 54% 36% 5% 4% 1% IDEAL LIVING STYLE Rich Financially Freedom Continue to Work Death REAL LIFESTYLE AFTER YOUR RETIREMENT…. YOUR ROAD TO SUCCESS….

18. WHAT IS OUR PLAN NOW ? TO ENSURE THAT AFTER RETIREMENT, WE WILL BE AT THE HIGHEST PEAK OF THE HIERARCHY? (1%) YOUR ROAD TO SUCCESS….

19. DEBTS / LOAN REPAYMENT: Income < Expenditure YOUR ROAD TO SUCCESS….

20. Break Even: Income = Expenditure ‘ Trading Time For Money’ game- you can never reach true FINANCIAL SECURITY

21. DEFINITION OF FINANCIAL SECURITY ： Do You Have this amount of Saving ？ Example: Monthly Income ＝ $5,500 (Single) Your Savings ： (After deduct Expenditure) 18 months x $3,500 ＝ $63,000.00 (Savings ) 1 ½ years saving in the bank YOUR ROAD TO SUCCESS….

22. FINANCIAL SECURITY: Residual Income > Expenditure Without Working ， How much asset can produce the income FOR YOU? IN FUTURE ？ POSSIBLITY ？ YOUR ROAD TO SUCCESS….

23. AGE LINEAR INCOME ， “NO SECURITY” AGE RESIDUAL INCOME ， FREEDOM ！ ” YOUR ROAD TO SUCCESS….

24. FINANCIAL FREEDOM ： RETIREMENT! DO NOT NEED TO WORK FOR MONEY ！！ YOU DO WHATEVER YOU LIKE TO DO YOUR CHOICE ！ YOUR ROAD TO SUCCESS….

25. EventDescriptionAmount$) IncomeSalary Part time Commission/ Others $5500 You$4000－－ Wife$1500－－ Expendit ure Rental/ Housing Repayment $800 Car repayment $1600$5150 Telephone bill $150 Water/ Electric bill $100 Insurance premium $300Petrol$300 Money for parent $500 Baby sitter/ maid $500 Children Tuition fee $500Meals$300 Credit Card $100others Balance$350 Case 1 ： Mr. Tan （ Both Couple working, whilst 1 child schooling 〕

26. EventDescriptionAmount$) IncomeSalary Part time Commission/ Others You Wife Expendit ure Rental/ Housing Repayment Car repayment Telephone bill Water/ Electric bill Insurance premium Petrol Money for parent Baby sitter/ maid Children Tuition fee Meals Credit Card others Balance Case 1 ：

27. With our present situation, Overseas Travelling Entertainment Beauty Saloon/ Fitness Centre Buying New Furniture Car Maintenance Medication Better Education to Children

28. HOW MANY YEARS MORE WE PLAN TO WORK ？ 10 Years ？ 20 Years ？ 30 Years ？ 40 Years ？

29. Residual income > Expenditure $2000 X 12mth = $24,000 $24000 ÷ 3% * = $800,000 Do you have $800,000 Asset (Residual Income) to support our MONTHLY expenditure ？ CAN WE RETIRE ？ Bank Fixed Deposit: 3% per annum Inflation Rate Vs. F.D Rate

30. THOUGHTATTITUDE OUTCOME “DOING THE SAME THING ， BUT EXPECTING DIFFERENT OUTCOME - STUPIDITY” - ANONYMOUS - ANONYMOUS YOUR ROAD TO SUCCESS….

31. YOUR THOUGHT DETERMINES YOUR WAY TO CHANGE - YOU NEED TO PAY THE PRICE STAYING UNCHANGE – YOU NEED TO PAY MORE PRICE ！！ YOUR DECISION TODAY DETERMINE YOUR FUTURE. ACTION NOW ！！ YOUR ROAD TO SUCCESS….