Li Ka Shing Teaches You How To Buy A Car & House In 5 Years

Here's a superb article on how you can manage your funds wisely to help you attain what you want in life.

Article: Li Ka Shing Teaches You How To Buy A Car & House In 5 Years
Link: http://www.ceoconnectz.com/lessons-from-li-ka-shing.pdf

I particularly like the "classic quotes" in the article:

Famous theory from Harvard: The difference of a person’s fate is decided from what a person spends in his free time between 20:00 to 22:00 . Use these two hours to learn, think and participate in meaningful lectures or discussion. If you persist for several years, success will come knocking on your doors. 

No matter how much you earn, remember to split your salary into five parts. Take care of your body so that it will still be in good shape. Invest in your social circle so that you will constantly meet new people where you can learn new knowledge from. Expanding your network will also have an important impact in how much you earn eventually. Travel every year and expand your horizons. Also keep abreast with the latest developments in the industry. If you follow this plan diligently, you will soon see big surplus in your funds. 

Whatever happened in the past is over. Do not dwell on past mistakes. There’s no point crying over spilt milk. Everybody makes mistakes. It’s what you learn from the mistakes, and promising yourself not to repeat those mistakes that matters. When you miss opportunities, don’t dwell on it, as there are always new opportunities on the horizon. 

Being able to smile when being slightly misunderstood is good upbringing. When you’re wronged and you smile with calmness, it is generosity. When you’re being taken advantage of and you can smile, you’re being open-minded. When you are helpless and you can do a philosophical smile, you’re in a calm state. When you’re in distress and you can laugh out loud, you’re being generous. When you’re looked down and you can calmly smile, you’re being confident. When you’re being jilted in relationships and you can smile it off, you’re being suave.

I'm going to add these practices into my daily deliberate actions. Are you?


P/S: Many thanks to Edmund Ng of CeoConnectz for taking his time to translate the original Mandarin article for the benefits of English-speaking readers.