My Wealth Desire

Wealth Building Strategies & Steps to Financial Success

November 20, 2014
by Wealth Desire

Why Financial Education is Important in Achieving Financial Success

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Financial Education is important to achieve financial success

Financial Education is important to achieve financial success

Financial Education is the first investment a man should have.  Gaining adequate financial knowledge can be useful in creating wealth, making money and even quitting a job.

Personal education about money and wealth is the key to unlock the door of financial success.  Without knowledge about finances, a person cannot create financial planning for his future.  A person cannot improve or change his life without education.

It was on the first quarter of 2005, I visited one of the book stores in Dubai.  I was intrigued by the book entitled “Rich Dad Poor Dad“.  I read few pages and I love the contents.

Everyday is vacation day if you have financial education

Everyday is vacation day if you have financial education

Then, I decided to buy it and bring it to my room.  I read the whole book and the rest is history.

This blows my mind.  It changes my life with the way I think and spend my money.

That was the start of my awareness and learning process about money and wealth.  I was awaken by the truth of finances and why rich people get richer.

Financial literarcy is the key to wealth building

Financial literarcy is the key to wealth building

It is true that there are no financial literacy lessons in school.

Financial education is not only for those who own tons of money.  This is very important for everybody.  In fact, if you don’t have this, you will be in financial trouble.

“The number one problem in today’s generation and economy is the lack of financial literacy.” – Alan Grenspan

Before, prior to reading this book, I am not aware at all how wealth is created.  Then, I found out that it is possible to build wealth from nothing.

For me, Rich Dad Poor Dad book is one of a great financial education books.  It opens my mind and heart.

I learned also that we can let our money work for us.  Not like the other way around that we are working for money yet still short of money.

Lack of financial know-how keeps a person poor.  It is the ignorance that blocks us the door to financial success.

Financial literacy can help us to take advantage the tax loophole, to lower the risk of losing money and securing a better financial being.

Financial education is the most powerful weapon which you can use to change your life and your financial being.

Financial education is the key to financial success.  Reading books like this is the starting point to be financially literate.

We are the main driver of our life.  If we want to change our economic or financial status, we have to be financially literate.

Rich people are armed with this education.  That is why they are buying time to get rich.

Before making the first step of investing your money, you should invest first yourself.  Learn and acquire the knowledge that successful people have.

Rich people invest in acquiring knowledge.  They get richer because they are full of financial knowledge and wisdom.

Invest yourself to become financial successful

Invest yourself to become financial successful

“An investment in knowledge pays the best interest.” – Benjamin Franklin

But for all those who are illiterate, they are selling their time to the wealthy people.  Employees are trapped with their job because they are contented to trade their time.

Never overestimate or think that successful people are smarter than you.  Some of them are college dropped out or an average only.

One of the geniuses in terms of finances is Bill Gates who bought the time of Mr. Michael Larson to manage his business while he is enjoying most of his time.

Bill Gates is a very busy man, managing his foundation, Bill & Melinda Gates Foundation.  He hired Mr. Larson to oversee his company, Cascade Investment LLC.

He became the world’s richest man again even without managing his businesses like Microsoft, Cascade Investment and many more.

He uses his financial education to buy time.  He keeps earning bigger income using other people.

Financial Literacy

Financial Literacy


Billionaires and millionaires become financially successful because of what they learned about money.  They used their financial knowledge to take advantage every opportunity comes on their way.

In fact most wealthy and rich people are paying taxes lower than the middle-class family or their employees.

If you want to become successful, you should do what successful do.  If you want to get rich, then you should arm what wealthy people have.

Related Topic:

7 Wealth Creation Secrets of World’s Richest Man

Top Ten Best Personal Finance Books to Become Financially Successful

Why Warren Buffett and Carlos Slim Started Saving Money Early

Small Business Venture and Next Wealth Building Steps

 No. 1 Secret of Rich People        

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November 13, 2014
by Wealth Desire

Personal Financial Planning Is Important For Creating Wealth Fast

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Personal Financial Planning

Personal Financial Planning

Personal financial planning is one of the most important steps in creating wealth fast and building fortune. You will never get rich if you don’t have this. With proper financial planning tool, you are creating a clear pictures of your own dream wealth.

Yes you may not see your future now. However, you can start to create your future. Planning is the key to create the life of your dreams.

A pilot of an airline cannot see first his end destination but with appropriate tools, it helps him or her to reach his/her journey.

Imagine if you’re riding an air plane with a pilot who had not planned ahead how to reach your flight destination, for sure you will never reach to your correct destination.

A pilot needs to set the speed, the radar, communication and set the appropriate directions.

Why Personal Financial Planning Is Important for Creating Wealth Fast?

Financial planning can change your life. It can tells you your present financial location.

It can give you a right direction. This can help you creating wealth fast.

Tool to Create Wealth Fast

Tool to Create Wealth Fast

In our case, If we din’t plan our finances, we cannot pay off our home mortgage. We budget our money wisely. We set a higher payment every month in order to finish paying as early as possible.

We know that if we keep paying small amortization every month, it will take a longer time to pay off. The longer the time, the higher the amount of money we are wasting for the interest.

Same with my car loan. I set to pay it off within 4 years. I don’t want to have longer period of loan contract with the bank.

I know that most successful people retire young and rich because they plan ahead their life. They apply action based on their plan. They focus on the action or taking path that can help to achieve financial success. The secret is they have a simple but attentive preparation of getting rich.

It is important to set up now, how you will spend your money. What are your strategies to make more money or to grow your money? The right time to make plans for yourself to be wealthy is now.

Rich people are retaining wealth adviser. Wealthy people get richer because they have financial plan. Wealth adviser is the one who is creating and updating all financial management plans for theirs and their families’ wealth.

Personal Planning in Creating Wealth Fast with License Financial Planner

Personal Planning in Creating Wealth Fast with License Financial Planner

The Importance of Personal Planning in Becoming Millionaire


Like Anton Ivanov of, at early age of 16, he had already a plan to become millionaire. He plans carefully how to save his income from Subway and how to get education. Now at the age of 27 he is a self-made millionaire.

He plans wisely which career will have a financial advantage. At an early age, he set up also how to invest his money and how his money will work for him.

Planning is bringing the future into the present so that you can do something about it now. – Alan Lakein

As soon as we paid off our main home mortgage, we set new plan to save. We set certain amount of money that goes directly to our monthly saving. We keep our cost of living low.

Our personal financial plan is to save bigger amount every month in order to have a debt free life early. We don’t want to experience again any harassment from the lenders or bankers.

Before, I experience not paying the monthly due for one of my four credit cards. Then, I got a call from the bank and they are telling me that they will report to the police if I will not pay it.

In Dubai or any part of UAE, any bank can report you to the police once you default paying your credit card or loan. Read here about the “Late Payment Credit Cards Worst Consequences”.

Personal Financial Planning for the Fastest Way to Build Fortune

Personal Financial Planning for the Fastest Way to Build Fortune

This experience made me decide that I don’t want it to happen again in my life. I want to have a worry free life. I like to sleep at night without thinking about the harassment from my lenders. From now on I use financial plan to improve my financial being.

Bank wants to control our finances and our life. But I hate this. That is why I keep saving as much as possible. This is also one of the reasons that I paid off my mortgage early.


Personal financial plan is a tool like a map and navigational instrument that will help us in our journey toward a successful path.

Indeed, financially planning is one of the greatest tools to create wealth fast.

Related Topic

Personal Financial Planning: The Effective Wealth Strategies

Achieving Financial Success – 5 Secret Steps to Achieve It Easy

How to Get Debt Free Life

No. 1 Secret Of Rich People

Proven Ways on How to Get Richer

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October 30, 2014
by Wealth Desire

How Money Mindset Affects in Achieving Financial Goals

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Achieving financial goals

Achieving financial goals

Having a right mindset about money is the first step of achieving financial goals in life.  If you change your money mindset, you can change your life. It is the attitude and state of mind that stimulate your being to achieve your desired wealth.

Everyone can build wealth from nothing.  Most of the successful people started from being broke or from bowels of poverty. It all begins how they set their money mindset.

Successful people like Bill Gates, Carlos Slim Helu, Steve Jobs, Warren Buffet, Mark Zuckerberg , Amancio Ortega and others self-made billionaires and millionaires have common mindset.  They accumulated massive wealth because they have a high level money mindset.

It is not impossible for ordinary people to become financially successful if he or she has positive mindset and motivation.

 “I truly believe in positive synergy, that your positive mindset gives you a more hopeful outlook and belief that you can do something great means you will do something great.” – Russell Wilson

Life if you Achieve Success

Life if you Achieve Success

How Money Mindset Affects in Achieving Financial Goals

A human mind has a big role in attaining financial goals. A person cannot act or apply actions if his or her mental attitude is not aligned to his/her objectives.

Money mindset has a positive effect in aiming success.  It motivates, inspires and boosts everyone.  It also stimulates a person to apply action up to the desired level of success.

Mindset Makes a Person Motivated

Succcess Mindset to attain financial goals

Succcess Mindset to attain financial goals

Having a right mindset makes a man motivated to work hard or to achieve smartly his goal in life.  It gives an excitement feeling.  It energizes the senses of human being.

If you are motivated, you are full of energy to achieve what you want in life.  You cannot wait the time to tackle your journey in reaching your goal.

“When you look at people who are successful, you will find that they aren’t the people who are motivated, but have consistency in their motivation.” – Arsene Wenger

Many people become successful because of their rich mindset.  They attain their objective because of goal-mode mindset.  It is because of motivation, it works naturally to you.

If you dream to become wealthy, then, put your mindset into abundance and prosperity of money.  You feel better to work regularly accumulating wealth and earning higher income.

Mindset to achieve success influence a lot your mind and motivation.  It greatly inspires you to show your strength and potential.  You become confident of achieving your wealth.

Successful people are motivated to build fortune to get rich.  They are inspired to invest and to grow their money.  Their excitement helps them choose the right strategies of investment and creating wealth that suit for them.

You will observe that the more you are enthusiastic the more money you will make.  Enthusiasm is the result of motivation.  You become eager to provide quality services and products that most people love to buy it or patronize from you.

Mindset Energize a Person to Act

Succcess Mindset to attain financial goals

Succcess Mindset to attain financial goals

If a person has a positive attitude on how to succeed, he is committed to his goal.  He or she makes a solid plan on how to do it or achieve it.  Successful person is not intimated about failure.

Successful men and women are not giving up until they achieve what they want in life.   With a right mentality, these men and women are not easily getting bored to change their life.

In fact, they are mentally stimulated to work hard to become successful.  Most of the successful people did not lose hope.

Take a look at the life of Richard Branson, a British billionaire; he failed many times before he became successful.  He tried different businesses before his Virgin brand became a globally famous brand.

“Develop success from failures.  Discouragement and failure are the two of the surest stepping stones to success.”  – Dale Carnegie

It is better to learn from failure than to afraid from it.

Mindset is the driving force of a person to act.  A goal without action becomes a wish.  With a right success mindset, a man becomes powerful to work harder in achieving richness.

Mindset is the internal force to push our own self naturally to cross the barrier of achieving financial objectives.

“In order to carry a positive action we must develop here a positive vision.” – Dalai Lama

Keep in mind that an action is the key to achieve financial goals. The very difficult stage is the first step of action.  However, once you started doing it, it stays in motion.

Remember that it is impossible to become financially successful without applying action.  Money will not grow or multiply if you will not invest it.  You will not have multiple streams of income if you did not accumulate multiple assets.

In every action there is an equal level of success.

Achieve your Financial Success and relax in this place

Achieve your Financial Success and relax in this place

If you keep applying action it means you are increasing the momentum force in your mind.  It creates a powerful effect to reach your desired level of success.

Action is carried out from the instruction of the brain.  The brain gets all information or data from our mindset.

Indeed, success can be achieved once you applied action.


Financial success can be attained if we set our mind based on our desire.  A positive mindset gives confidence to us that we can do anything or extremely exceptional in order to meet our financial goals.

Mindset gives us energy, strength, enthusiasm and determination to conquer the barriers.  It is the mindset to achieve goals that makes us motivated to do without complaining.

It is also the driving force to act.  It turns us to be always on the go in achieving success.  We feel the fulfillment once we become financially successful.

Related Topic

How to Achieve Goals and to be Wealthy

The Truth of Creating Financial Wealth and Its Advantageous Rewards

Secret for Getting Higher Salary

How to Build Wealth from Scratch – as an Employee

13 Ways to Solve Not Having Enough Money to Live on



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October 23, 2014
by Wealth Desire

Building Wealth from Scratch Success Stories of Top Billionaires

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Billionaires Wealth building from scratch

Billionaires Wealth building from scratch

Building wealth from scratch can happen in real life of ordinary people. How many billionaires and self-made millionaires are using these strategies to create wealth from nothing like most of the successful people who created their fortune using their resourcefulness?

If you have a burning desire to get out from rat race and want to make money without a monetary capital, then you don’t have to be worried. There is always a means if we want to. Creativity can make you wealthy.

In fact, there are many rags to riches stories. I admired the stories of wealthy people who came from unfortunate families or from bowels of poverty. They achieve their dream wealth through their own resourcefulness.

Many immigrants who were new to their adopted country that became self-made millionaires or billionaires.

I read that some of them came to USA to study or to earn a degree from different prestigious universities in the United States.

Then after earning the degree and few years of working, they set up business from scratch.

How successful and wealthy people create wealth from nothing?

The Richest Man in Asia

Yes, not all business can be set up from the businessman own money. There is always a means to start up if you desire to have a business. The inspiring stories of Asia’s richest man, Li ka-Shing is one example who builds his empire from borrowed money.

Li ka-Shing Wealth from Nothing

Li ka-Shing Wealth from Nothing

At the age of 22, Li ka-Shing started his plastic flower manufacturing company from borrowed money. He loaned from his family and that was the start of Cheung Kong Industries.

Related Interest: No. 1 Secret of Rich People

To make his factory business profitable and viable, he hired only the best salesmen and best technician in Hong Kong.

When he expanded his business into property development and real estate, he used other people’s money again before building the apartments. He applied the pre-selling technique to his friends, associate and colleagues to fund his property development project.

Wealth can be created through starting business. Any business can be set up even without the owner’s capital. Like Li ka Shing, he/she can utilize the other people money to create his/her fortune from nothing.

It is really true that we can build our own wealth using other people money.

Related Interest: Best Personal Finance Tips from the Billionaires

Europe’s Richest Man

The Europe richest man is famous of building his wealth from nothing. He is a son of a railway worker. I am sure he cannot accumulate $55.6 billion of net worth (October 2014) without his creativity and determination.

Amancio Ortega Wealth from Scratch

Amancio Ortega Wealth from Scratch

In 1960, he became manager of a local clothing shop and at the same time, he observed that only affluent family could afford to purchase expensive clothes. Through his desire to offer affordable clothing to his countrymen, he started buying lower cost textile from Barcelona. That was how he used his creativity to build his own business.

Related Interest: Proven Ways on How to Get Richer

Then, he cut the fabric into pieces using a cardboard pattern and sold his products to other local shops. In 1972 he founded the Confeccioness Goa, selling quilted bathrobes. With his ingenuity and resourcefulness, he contracted and organized the local women to sew his products.

He knew that the local women will accept the job with little money. This is another vision to produced inexpensive products but quality made.

Amancio Ortega knows at young age that he can make huge money from starting business that serves the customers demand. He used his creativity to achieve his dreams at the same time while building his wealth.

Creating Wealth from nothing

Creating Wealth from nothing


Building business is the best strategies to build fortune for most billionaires in the world. In starting business, it is not important to have money.

You can start business and wealth from scratch. Your creativity is the key to build wealth. Indeed, it is the creativity that makes money.


Small Business Venture and Next Wealth Building Steps

Key to Wealth Building – Secret to Get you Rich Fast

Wealth Buildings like Jim Rogers: 5 Best Ways to Invest in Silver

Top 5 Richest People in the World and Billionaire’s Wealth Building Strategies

Top Ten Best Personal Finance Books to Become Financially Successful


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October 9, 2014
by Wealth Desire

Amazing Reasons to Start Your Own Business

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Successful People Who Started Their Own Business

Successful People Who Started Their Own Business

Starting your own business might be the answer for your problems. Do you want to live like the luxurious life of what successful people do? Billionaires like Bill Gates, Mark Cuban, Mark Zuckerberg, Larry Ellison, Richard Branson etc. are the living proof that they become wealthy because of their own business.

Setting up and managing business is not for all. Many of us still preferred to work for someone. Don’t get me wrong about this; I know most of these types of people love to have security.

Employees or working people don’t want to gamble their love for freedom. They are contented to live pay-check to pay-check. They love to get benefits from their company.

However, I am admired those people who step out from their comfort zone to seek their freedom and passion. These entrepreneurs quit their jobs to start their own business.

Entrepreneurs are risk players. They don’t mind the risk involved in leaving a secure job. They are not afraid to conquer the uncertain of doing business.

Entrepreneurs are not contented to follow what their supervisors or managers tell them to do. They believe on their faith, the faith to do business without somebody dictating them.

5 Great Reasons to Start your Own Company

If you want to quit your job or get out from rat race, building your own company is the solution. To know why, find out here the amazing reasons.

  • To have flexible time

Being an entrepreneur, you have the control of the most precious wealth on earth. You can decide what time you will visit your business or set a meeting with your staffs.

You have the flexible time when you will get up from your bed. The choice is yours to decide your time preference

Entrepreneur who can meet his staff in his preferred time

Entrepreneur who can meet his staff in his preferred time


Do you experience begging from your boss to allow you to take a leave or a short vacation?

Imagine, you can visit your family or love ones any time without getting approval for your leave application or asking permission from your boss.

  • To earn more income

If you have a dream to create wealth while you are young, you need to have a bigger income. Earning higher income while maintaining your low cost of living will absolutely achieve this dream.

Due to the desire to increase income, many people decided to venture into business.

During the honeymoon stage of the business, the income or revenue is still small. However, as the business growing, the income becomes bigger.

In business, your potential revenues or income is higher and even unlimited. You as the owner you can control how much you earn either small or big. Not like if you are an ordinary employee, your income is limited.

  • To have a Priceless Freedom

Having a freedom is like winning a jackpot prize. In fact, freedom is a priceless state. There is no harm or bad about achieving financial and personal freedom.

Most of us want to quit our job in order to be our own boss. We desire to be our own business. It is because we believe that being an entrepreneur or having business can help us reach freedom faster.

Start your Own Company now to have freedom to enjoy this paradise

Start your Own Company now to have freedom to enjoy this paradise

It is true that the burning desire of every aspiring entrepreneur is not merely to be a boss but the precious freedom.

Being your own boss, you have also the freedom to choose your work place. Many modern entrepreneurs chose to have his/her office and work place in the comfort of his/her own home.

They can monitor their business through on line communication, correspondence, email and telephone.

Online and internet entrepreneurs are the new brand of businessmen and businesswomen. They are working most of the time at their home office or at remote places. They can work even they are on vacation.

  • To Build Wealth and Legacy

One of the safest ways to build wealth is through having a business. Most of the wealthiest persons in the world have their own business.

Bill Gates built Microsoft to be one of the great global companies. He has also one holding company that making him richer every second or minute. Cascade Investment LLC is the real secret why Bill Gates remains the richest American man and the world’s wealthiest person.

Carlos Slim Helu has plenty of businesses and conglomerates. He builds his fortune through his businesses. He will not accumulate $81.6 billion net worth (as of October 2014) without his conglomerate or various corporations.

Billionaires Who Build Wealth Through Business

Billionaires Who Build Wealth Through Business

Like these two guys, I am positive that through setting up your own business can absolutely build your own fortune that you can pass on to your children.

You can transfer your wealth or your business not only to your children but also to your grandchildren or to the next generations.

  • To have a sense of pride

Running your own business can boost your confidence and pride. You develop a high sense of pride with your own establishment.

Your company is the outcome of your hard work, creativity, dedication and good customers/employees relationship. You then become proud of the success of your enterprise.

You gain a sense of pride because you create jobs, you help other people and you pay taxes to the government. You become fulfilled because you earn out from your passion and being a responsible citizens as well.

Being Your Own Boss you can afford this properties

Being Your Own Boss you can afford this properties

Entrepreneurs are happy to do what they love to do. They are delighted to work without someone telling them what to do.

Indeed, as a businessperson, you became satisfied with your life and accomplishments because it is the realization of your dream.


Starting your own business or company will change your life positively. At the start of your business it requires too much hard work, planning, marketing, capital and time. However, the rewards that you will reap from your establishment are really worth it.


Achieving Financial Success – 5 Secret Steps to Achieve it Easy

Donald Trump’s Great Ideas to Make Money in Real Estate

Top Successful Immigrant: Billionaires Who Build Wealth from Scratch

Three Important Entrepreneur Lessons from Academy Awards

Wealth Building Strategies of Wealthy People – No. 1 Pay Yourself First

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October 2, 2014
by Wealth Desire

Progress of My Debt Free Journey

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Financially Free Life

Financially Free Life

Absolutely, debt free life can be achieved by anybody. People with determination and persuasion to pay off debt are amazing. For me, this is a big challenge to have a better family financial future.

To be financially free is a priceless state. Once you pay off your debt, you are worry free from your financial obligation, creditors and lenders.

Financial planning, budgeting, discipline and lifestyle are the few factors that will help us improve our no liability journey. I am sure that if we are equipped with these, we can easily achieve our financial independence.

Updates for My Debt Free Journey

I will humbly share here my progress towards my commitment to have a financial freedom and no liability living.

I am grateful and proud to say that we already full paid our home loan just this end of July 2014. This is our small house. Our journey is not a short cut one. It took us six years continuously paying the monthly amortization.

Our car loan was also paid off last May 2012. Presently, my car is still in good condition and I am using it every day. What I only spend now is for its maintenance and fuel.

Pending Financial Liability

We are still paying our lot property investment. There is one and a half more years to pay it fully. We purchased the property in a gated community 10 minutes away from the crowded city.

We are planning to pay out this property within one year though we don’t have plan yet to build a house in this lot.

We have also a condominium unit that we bought in pre-selling. The unit is not yet turned over to us. We are also planning to sell this unit very soon.

The money from the condo unit will be used as a capital for another business ventures in the future. As much as possible we are now avoiding bad debt like this.

Paying off Home Loan

Paying off Home Loan

I want to pay off my debt as much as possible. I know that by paying off debt I can I achieve my desire to be financially free earlier.

I want to have a freedom from debt and financial obligation from the banks or lenders.

Most of the people who hate their jobs cannot quit because they are trapped with debt problems. Unfortunately many of us keep working. We are still in the rat race.

Actually, having a free from financial liability is the first step to get out from rat race.

We understand that by paying early we can go to the next level of our life. We want to expand our existing business as soon as we can.

We can only do this if we don’t have debt. If we don’t have any financial obligation, it means a lot to us. We have the capability to save more and invest more.

Actually our journey to be financially free and to be our own boss started since two years back. We decided at that time that we must stop working with someone.

We want to run and manage our own business. We decided that working to someone or to anybody is enough.

Debt is the slavery of the educated and bright people.

We are working hard to let our company and boss get rich. We trade our knowledge, skills expertise, energy and time with money.

A man in debt is so far a slaveRalph Waldo Emerson

Working with someone is the modern type slavery. You are not only slave by your boss but you are also slave by money.

Money controls your being. It is because of money you force yourself to wake up early in the morning. You waste too much time in the traffic or in commuting.

No Liability & Debt Free Journey

No Liability & Debt Free Journey

Conclusion for Financially Free Life

In this journey, we experience a lot of obstacles and hindrances. Yet, we are determined to keep moving toward our end goal.

Anyway, in getting out from debt takes time and there is always no short cut.


How to Get Debt Free Life

5 Shocking Reasons to Pay off Debt Now

Why Pay off Home Mortgage Early: Shocking Mortgage Meaning

Credit Card Common Mistakes: 3 Worst Reasons To Avoid Cash Advance

No. 1 Secret of Rich People

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September 25, 2014
by Wealth Desire

Small Business Venture and Next Wealth Building Steps

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Retail Store Business

Retail Store Business

It is my burning desire to be a full-time entrepreneur and to have a retail store business. I want to be hands on in running and managing my small business venture as much as possible especially during its start up stage.

My wife and I have a small business that started on April of this year. The original plan was to open it last December. However, due to uncontrollable situations, we moved it to April.

We started it first as a small retail store. We understand that in the beginning of every business there is always a risk. So, we will see how the things will work out.

I believe that in every venture it is necessary to start a baby step. If you get lost your investment on the early stage, at least the impact is not huge.

Our Stock - Drinks & Noodles

Our Stock – Drinks & Noodles

The best lessons I learned is start small and end it big. A small business has lots room to improve, to grow and to expand.

Why I want to have a Business Venture

Every one of us wants to get out from the four corners of our cubicle. In United States and other industrialized nations, working people is considered as middle class.

Most of the middle class American are living pay check to pay check. Entrepreneurship is one of the best solutions to get out from your job.

I want to have a small business in order to learn the in and out of entrepreneurship. I want to learn the process of setting up, dealing with the customers, running and managing it.

We are still working with our respective company while small retail business is running. My wife’s sister presently manages the store.

Business Venture - Tandem Couple

Business Venture – Tandem Couple

My wife and I already started feeling the stress from work. We also experience the effect of stress in our health, in our body and in the whole being.

We find it hard to deal with hard co-workers. You will find some are having attitude problems, lazy and zero knowledge about their work.

I observed also that those people who use to talk and nag are brainless and worthless individuals. The same also goes to superiors.

I want to stop driving for long hours because of my job. 4 years back, I was driving about 300-350 kilometers daily. I cannot imagine how I managed it for 6 days a week.

I spent 5 hours in the road daily for almost 4 years. The worst thing is I have to wake up early in order to leave early at home and reach my work place on time.

I am not complaining and don’t get me wrong. I love my job and I am happy with it yet it is normal to mankind to look for a better life.

I believe it is correct to look for solution what I find that is not right at present. Everybody deserves to live his/her dream life.

Store Business - Can Goods, Coffee & Milk

Store Business – Can Goods, Coffee & Milk


Next Wealth Building Steps

We are still saving most of our income. We need to be smart with our savings. We’ll be using the savings to be our capital for another business venture should we both quit our day jobs.

We have also plan to get funds from any government institution that could lend us capital.

Indeed, the smart solution that I can sense is to quit and start up a business.

I believe that setting up a business is bringing me and my family into the next level of wealth building. I know in business our future income is unlimited.

Feel free to share your stories about your business venture? Does your business bring you more income than what you earn from your job before?

Photo Credits: Photo 1, Photo 3,


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September 18, 2014
by Wealth Desire

Mistakes Working in Iraq and Lessons I Learned in Life

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Risk While Working in Iraq

Risk While Working in Iraq

Most of the people now want to trade their time and energy with money.  Working with someone in exchange with salary.

It is okay to trade your time and expertise with money for 5 to 10 years.  I know some people who get out of rat race after working few years.

Do you dare to trade your life because of attracted offer?  The most daring is to trade your life with a promise of high salary.

Mistakes Working in Iraq

In recent year of political and social crisis in Iraq it does not stop for many expats to work there.   Working in Iraq offer a higher compensation with tax free benefits.

Do you want to trade your life and career to work in Iraq? How about in Syria and Libya?

I have a friend, a mining engineer who is working in Iraq.  He started working there since 2006.  He was attracted of high salary and tax-free benefits.

We know that Iraq is not a peaceful country.  In recent week, there a lot of killing accidents from extremist according to the news.

I cannot understand why some people gamble or risk their life for the sake of money.  I think it is not worth it to take a job if you are not sure your safety.  I cannot imagine why some people grab the offer even though they know the danger waiting for them.

Exemption of the Rules

To make this topic clear, there are some exemptions of the rules.  Military personnel and advisers are exempted in this topic.  They are sent to risky countries to depend the civilian and for global democracy reasons.  I really salute their bravery, courage and unselfishness battle for the sake of public benefits.

Beautiful Places in Iraq

Beautiful Places in Iraq

I am not talking also here those folks who are working with NGOs, UN or UNICEF and diplomats.  I salute these organizations or individual who risk their life for humanitarian reasons.

In this post I am particular to those people who are getting job in government and private companies in Iraq, Libya, Syria and other risky countries.  They do not mind the to work in the danger zone.

Lessons Learned  in Life

What is the essence of earning huge money or tax-free income at the end you will become a victim from the civil war or political crisis?

We should learn from the mistakes of my friend while he was younger and productive.  He mismanages his income and he is did not invest the most important asset.

When he gets loose his job, he thinks that is the end of his career.

  1. Always have an Emergency Fund

Always make a habit to save monthly for your family emergency fund.  You don’t know when you will get lose your job.  Our global economy is not stable.

In fact, some of the jobs in United States are outsourced to other countries.  Many manufacturing companies set up their own production line or plant in China or other countries in Far East.  So, there is always a chance for jobs lay off in the USA.

Remember as you get older your chance of landing a new job is becoming small.  Emergency fund is very important so that you will not be worried for your finances when you are temporarily loss your job. Your sense of feeling is different if you have money.  It is true that you will not feel desperate to look for job if you have still savings in your account.

Related Topic : Why Wealthy People Are Living Below Their Means

The rule of the thumbs is at least 3 to 6 months of your income.  Within in this period you can live comfortably while searching for new work. Having an emergency fund worth 6 months of your income will not attract you to work in the risky country.

  1. Keep Investing for Personal Growth

It is necessary to invest your own personal growth.  You can earn additional skills or train yourself to make valuable to your company.

Do not stop investing yourself.  You are the most important asset in your life.  So, it is necessary to improve your skills and knowledge to become on the top of your field.

Investing for personal growth is improving your mind sets, your sale skills, and productivity.  It is also the process of developing your creativity, decision making and resourcefulness.

If you are valuable, it is not easy for a company to fire you.  If you are marketable it means many companies know your potential and qualification.  A marketable applicant is not difficult to land for new jobs.

Related Interest: How to Double or Triple Your Salary That You Can Build Wealth Fast

For one thing sure, if you are investing yourself or your career it is impossible to end yourself working in Libya, Iraq or other risky countries.  In fact, you have a better choice to work in very nice safe place.

  1. Never Underestimate Financial Planning

I observed that most people attracted to work in the risky countries are those who failed to plan their future.  It is correct to say that people, who fail to plan their finances, are planning to struggle financially.

Related Post: Personal Financial Planning – The Effective Wealth Strategies

It is important to start your financial planning when you begin earning.  May you are new to real world and fresh from college you, to plan your future career and finances are a must.

With a concrete financial planning will absolutely not bring you to work in Iraq or Libya. You will not put yourself in the danger zone because of money.

Jobs in Iraq

Jobs in Iraq

Wealth Desire Final Word

Feeling desperate and hopeless give us the pressure to look for a job even in a dangerous place.  We bravely follow our desire to earn money despite the condition of your works.

Related Topic: How to Achieve Goals and to be Wealthy

The best way to protect you for this scenario is to have a financial freedom as early as possible.  It is true; if you are financially free you do not have worries if you lose your job.  Your guilt feeling for your financial responsibility in your family could be avoided.

Everyone has a choice and can control his/her life.  In fact, you are the only pilot of our life.  If you have proper planning for your future and career then you have a better destination.  Lastly, let may share you what Alan Lakein, a well-known author said; “Panning is bringing the future into present so that you can do something about it now.”

Photos Credit: Photo 1, Photo 2, Photo 3

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