{"id":1065,"date":"2019-08-08T17:20:32","date_gmt":"2019-08-08T11:50:32","guid":{"rendered":"http:\/\/www.stsebastianaquem.com\/web\/?p=1065"},"modified":"2019-08-08T17:20:49","modified_gmt":"2019-08-08T11:50:49","slug":"1065-2","status":"publish","type":"post","link":"http:\/\/www.stsebastianaquem.com\/web\/1065-2\/","title":{"rendered":""},"content":{"rendered":"

The 10 MONEY MANTRAS TO ACHIEVE FINANCIAL INDEPENDENCE<\/strong><\/p>\n

O<\/strong>ur Lord has given us the power of wisdom<\/em> to differentiate between the right and the wrong. However, we often succumb to our impulses and urges, taking wrong decisions in life. The good thing is that the Lord allows us all to make a fresh start when we finally embrace the gift of wisdom. In the previous edition, you read how Kevin and Stacy saw the wisdom in investing before spending their salaries to secure their son, Brendon\u2019s future. The 1st<\/sup> Money Mantra not only helped the couple accumulate wealth, but they were also able to nurture and care for others!<\/p>\n

The 2nd<\/sup>\u00a0Money Mantra also brings in a great wealth of wisdom that must be handed over to everyone around you.<\/p>\n\n\n\n
\n

MONEY MANTRA #2<\/strong><\/p>\n

If you buy things that you want but not need, <\/strong><\/p>\n

then one day you will have to sell the things that you need and cannot stay without.<\/strong><\/p>\n

\u201cBUY ONLY WHAT YOU NEED\u201d<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

On a pleasant October morning, Professor Tracy was gearing up to conduct a \u2018Class without the walls\u2019 at the college.<\/p>\n

To get the attention of the young, chattering, squabbling college students, she raised her voice and asked, \u201cOk, who wants to listen to a story?\u201d Several hands shot up, and the students settled under the old Banyan to hear an exciting story.<\/p>\n

\u201cBut, before I start, I want to ask you one question; what are your plans for the future?\u201d<\/p>\n

Most students said that they were going to become rich and lead a luxurious lifestyle.<\/p>\n

\u201cToday, I am going to tell you the story of a boy, a former student of mine, who cherished the same dream of living a lavish life!\u201d<\/p>\n

Professor Tracy narrated the story of Shawn; a bright, ebullient boy with a zest for life. With extraordinary charm, a confident personality and great communication skills, Shawn was a popular boy at college. He comp\u00e8red during the college fest and represented his college in debate and declamation events across the state. Everyone knew that a glorious future awaited Shawn.<\/p>\n

As expected, Shawn bagged a lucrative job offer during campus recruitment and moved to a metropolitan city. He worked very hard at his new job and won a lot of appreciation from his seniors. He took up one challenging project after another, working relentlessly, collecting handsome bonuses that came with the projects. He was so obsessed with work and money that he even let go of an opportunity to pursue an advanced management program from a top college, sponsored by his company.<\/p>\n

Shawn worked hard and partied harder. He liked being among the high-income professionals who lived in luxury. Only three years in his job, he had already booked a swanky apartment in an affluent suburb and drove an expensive SUV. He dined at the finest restaurants and wore designer clothes. As his income grew, his monthly expenses also spiralled up; Shawn was happy to be living a lavish and extravagant life.<\/p>\n

Destiny, however, was weaving some other plans for him. A sudden acquisition of the company resulted in major job cuts. Shawn, too, had to face the axe. In a flash, he was forced to deboard the fast train to fame, success and riches.<\/p>\n

Though, skilled and talented, Shawn found it hard to find another job owing to a looming recession. The few vacancies matching Shawn\u2019s previous role required a professional degree. With no savings to fall back upon, Shawn had no money to pay his EMIs and credit card bills. At 25, Shawn, dressed impeccably in an Armani suit and sitting in a top-line SUV, felt very poor. A rich poor.<\/p>\n

*************************************************************<\/p>\n

Distraught and broken in spirit, Shawn visited his parents and told them about his situation.<\/p>\n

\u201cI am sorry, Dad, you had many expectations from me. I failed you,\u201d he said between sobs.<\/p>\n

Shawn\u2019s father consoled his only son and told him that it was not his mistake that he got fired.<\/p>\n

\u201cBut the way you lived was quite wrong,\u201d he said in a soft, yet firm voice.<\/p>\n

Shawn\u2019s father told him how he worked hard and saved more as his income grew over the year.<\/p>\n

\u201cI made the right investments and followed the policy of \u2018earn more and save more\u2019, which helped me build a massive wealth over a period.\u201d He asked Shawn, \u201cHow could you ever hope to become rich when you blow all your money on things that you want but not need?\u201d<\/p>\n

As Shawn started to see his mistakes, his father added, \u201cI always put my needs before wants, Son, and I want you to adopt this habit at the earliest.\u201d<\/p>\n

On his father\u2019s suggestion, Shawn met a renowned financial mentor who helped him in finding ways to reduce his expenses and set up a series of financial goals for him.<\/p>\n

Shawn took up a job in his home state, lived in his family house, and disciplined himself on putting his needs before wants. Even with a lesser salary than his previous job, Shawn saved more.<\/p>\n

Under the guidance of his mentor, Shawn also started investing in mutual funds through SIPs (Systematic Investment Plans). His mentor told him that had he been investing while he took up his first job, he would have been a millionaire by now \u2013 thanks to the power of compounding in mutual funds, the longer you stay invested, the more you earn.<\/p>\n

Shawn is now gearing towards making a financially independent future. The way towards the real riches.<\/p>\n

**********************************************************************<\/p>\n

\u201cWow, that was a good story,\u201d exclaimed one of the boys. \u201cI never thought of the consequences of choosing an extravagant life,\u201d said a girl. \u201cWe will not make the mistakes that Shawn made. We would like to save and invest and build wealth,\u201d declared another girl.<\/p>\n

\u201cYes, you all can save and invest in SIPs, as low as Rs 500 per month. I will help you to start as early as possible,\u201d Professor Tracy said with a smile before asking, \u201cAnd do you know how I know Shawn\u2019s story so well?\u201d As the class looked at her with anticipation, she smiled and said, \u201cBecause he is my son!\u201d<\/p>\n

Dr. Celso Fernandes, Goa\u2019s financial doctor, can be reached at +91-9422058741.
\n<\/em>*How did you like the story?\u00a0 Tell us your experiences and share feedback at navemarg@gmail.com.<\/em><\/p>\n\n\n\n
Do You Have the FREEDOM FIGHTER in You?<\/strong><\/em><\/p>\n

What\u2019s plaguing our country today? Corruption, unemployment, financial crisis?<\/em><\/p>\n

YOU have the power to change this. Be the Freedom Fighter by learning how to attain financial freedom and be in service to your family, community & the nation.<\/em><\/p>\n

Join the Launch of the Financial Freedom Movement this 15th<\/sup> August<\/em><\/p>\n

Register online at www.navemargfoundation.com\/events<\/a><\/em><\/p>\n

Venue: Terminal hall, 4th<\/sup> Floor, Caculo Mall, Panjim | Time: 11:00 am<\/em><\/p>\n

Fomento Amphitheatre, G.V.N, Margao | Time: 5:00 pm<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The 10 MONEY MANTRAS TO ACHIEVE FINANCIAL INDEPENDENCE Our Lord has given us the power of wisdom to differentiate between the right and the wrong. However, we often succumb to our impulses and urges, taking wrong decisions in life. The<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1065","post","type-post","status-publish","format-standard","hentry","category-pormoll"],"_links":{"self":[{"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/posts\/1065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/comments?post=1065"}],"version-history":[{"count":2,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/posts\/1065\/revisions"}],"predecessor-version":[{"id":1067,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/posts\/1065\/revisions\/1067"}],"wp:attachment":[{"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/media?parent=1065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/categories?post=1065"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stsebastianaquem.com\/web\/wp-json\/wp\/v2\/tags?post=1065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}