I was watching my telly this evening and I managed to catch this chinese programme called 理财有方which shares insight about regular Singaporeans managing their finance and the ways in which they learn how to make their money grow for them.
It’s interesting because one of the interviewees was a full-time tutor and running a mini car rental service. She was earning good income from tutoring and has been using the money through investing (i think) to create a greater income. She was able to create an income that was much more than her 9-5 job and she is happy with what she is doing.
Well, I could really emphathise with her because tutoring is an occupation that I know of most clearly because I was a tutor after my Junior College days right through my first year in University. Though it is the only job that I have ever had, it’s one that was very fulfilling because you’re helping children in their studies and at the same time, it is a well-paid job.
I was able to earn like $1500 per month while studying and even had a very flexible schedule which allowed me to go shopping, study and have driving lessons regularly. So I always extrapolated that potential to if I were to do it full-time, and to me, it was good money. Which was why, when Calvin told me that Internet Marketing had the potential of creating an income much larger than that, I had my reservations of going into it.
“Why go into something I have no idea about when I’m earning good money in teaching?”
But after a year plus into IM, though difficult and tiring, I feel that my perspective of money and work has changed. I adopted concepts such as leveraging on other people’s expertise as well as, exploring new ideas and frontiers before others get there before me.
Back to the show. In the last few sections of the interview, she talked about how powerful having goals are. And in her room that they filmed, it had A4 sized pieces of paper stuck onto the wall showing her goals and strategies. I liked what she said that went something like that, “Sticking up and looking at all these papers serve as reminders to me every single day of what my goals are and what I have to do to achieve them. We forget our goals sometimes and it’s important for us to be exposed to them as much as possible so that during the day, no matter how busy we are, they are running at the back of our minds”.
I always forget what my goals are because they are either tucked away in a notebook or hidden in the folders on my laptop and PDA. Sometimes, I don’t even remember what are my action plans to achieving all that. Iit gets frustrating when some time later, someone (or actually Calvin) comes to me and says, “So what’s your progress like towards your goal?” and I have no idea how to reply him/her.
The host, Guo Liang noticed something interesting in her room. That was a picture of a house. A beautiful house and she shares that it’s a house that she wants to buy. She’s working towards her million in order to buy. It serves as yet another reminder.
What she’s doing is to create her Vision Board.
This just goes to show how powerful having a vision board is – which contains all your goals and aspirations and images of what you want to achieve. Having your vision board will keep your goals alive in your mind that no matter when and where, you’ll always be doing things that will bring you nearer to them.
So, have you got your vision board up yet?
I’ve bought my board and mounted it up on the wall. However, it contains a lot of notes and scribblings of course outlines that I have put up over my university course of study. Perhaps, it’s time to revamp it.
Well, I’ll do just that and I will put up a picture of it. Mmmm… let me see. I’ll give myself a deadline of 24th February 2008.
24th Feb. You’ll see a picture of my vision board up here on my site ok? 😀
p.s.: Ewen Chia will be featured in next week’s programme on Singapore Mediacorp TV Channel 8, 9pm. It’d be good to hear about his money management and his internet marketing business from him. 🙂