Monday, May 2, 2011

There Is A New Breed Of Young Filipinos... They Want To Be Truly Rich Young!

I am so happy to see many young people trooping to our seminars on how to be really and truly rich. Even those that are barely out of school are now beginning to take interest in saving and investing for their future.

Let me share to you three of them. I will not give their real names for fear that you may seek them and ask for a loan from them ( just joking...) Let's call one of them as Aida. Aida is an 18 Year Old student from Muntinlupa City. She is taking up a course in STI. She currently lives with her parents and she has an investible fund of 5-6K which she can squeeze out from her allowances. Unlike many teenagers, she is seeking for investments and not gadgets or gimmicks to spend on. With 5K/month of investments on a continuous and disciplined manner, she can accumulate 1.2M in 10 Years at a conservative 12% ROR .

Another one is whom I'd like to call Lorna. She is 19 years old. As old as my youngest son. She is also a student in Accountancy. Her's is a more dramatic twist in the mindset of young people. She is into networking and her latest earnings is roughly about 40-50K per month . She can invest no less than 25K per month from this earning and she is looking forward to even investing 50K/month as her earnings rise to 6 figures which she says is achievable in the next two months. What makes her mindset very dramatically different from common teenagers is not because she is into networking. It is because she believes that the way to achieving true riches is by going into business and not through employment. This is rather revolutionary and not contemporary among teenagers of her age who wants to get education and be employees afterward. She wants to accumulate and investment of more than 10 M in 10 years. She will pursue investing at 20K/month and she looks forward to have about 5M minimum which she says is not her target. She wants to go all out to 50K/month so she can achieve her dream of 10M in 10 Years...and I say she can achieve even more as I project it at 12M at 12% conservative ROR.

The third one is whom I will call Fe. She is a dear friend of Lorna and she tags along wherever Lorna brings her. She is also a student and also 19 year old. She puts her trust into Lorna and she is also making headway into her own earnings. She is also determined to be young millionaire. She is wise for she knows how to choose her friend wisely. I asked both of them to show me their cellphones and I am amazed that in spite of their earnings, they did not fall to the trap of "gadgetism". What's that... it's my new word for unquenchable desire for new and latest gadget. I am so sure they are in for the title of young millionaires even before they turn 30.

In our team, we have already in the past months those who started at age 22. But this is the first time, we have teenagers who will join our team. A good indication of how our mission has grown deep and wide that now we are able to penetrate the minds of young people like Aida, Lorna and Fe!

God bless our Mission! God bless our Company IMG! In Jesus Mighty Name We Pray!

2 comments:

  1. Hi tito benj it's so good to know that there are people on their teenage years who has a mindset of rich already...

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  2. Hi Ryan, yes indeed! And I need you to continue to lead the way for your own age group! Go go go!

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