The Cures for the Empty Bank Balance! (Part three Concluded)

In the first and second articles I highlighted some of the cures for the zero bank balance or lean purse. We all of us have desires and ambitions for wealth, prosperity and abundance. There is nothing wrong in having those desires and ambitions as long as we pursue with good sense. We need to adhere to these cures in the time of recession. These cures have personally helped me tremendously and I am richly rewarded by developing my skills and powers. Hopefully, they do for you too.

1. Find out what you love and work with diligence everyday.

2. Pay yourself first one tenth of your total income to achieve financial abundance and fortune.

3. Pay others second the nine-tenths of your total income

4. What do you desire the most assets or liabilities?

5. Teach yourself to control the unnecessary expenses on your desires.

6. Make your money work and multiply for you.

7. Protect your money and treasures from loss.


8. Increase and Develop your ability to earn.

"Work harder on yourself than on your job. If you work on your job you make a living, but if you work on yourself, you get a fortune." Jim Rohn

This is one of the most vital remedies for a lean purse. It is important to talk of things within the human minds which can work for or against our success. Your desires and ambitions should be strong and definite to earn first in small sums, then in larger ones as you learn and become more capable.

As you refine and improve yourself in your vocation so will your ability to earn increase. May be you need to cultivate more interest in your work, more concentration upon your task and more persistence in your effort. It is said,"The more of wisdom we know, the more we may earn." The person who seeks to learn more of his craft shall be richly rewarded.

Jim Rohn was right when he said, "To have more than you have got, you've got to become more than you are." To have more, to earn more, you must become more skillful, more knowledgeable, more educated and more refined to attract more abundance. Wealth rarely comes to people who don't become more to earn more. For instance, poor people remain poor because they don't become more qualified, skillful and valuable to the market place to attract more prosperity.

So remember to improve yourself first to attract more wealth so that you can control how you want to live. The remedy for an empty bank balance is to cultivate your own powers, skills and become wiser, become more qualified and valuable.

Alwed Ekka
Guide Coach Mentor

The Cures for the Empty Bank Balance! (Part two)

Yesterday, I recommended the cures for the lean purse by earning an income and then paying yourself first one tenth of your total income and thereby paying others the nine-tenths while budgeting your money for necessary expenses and desires. You have learned now how to pay yourself first and how to use other nine-tenths. Paying yourself first is a beautiful discipline that you can cultivate and over the period enough wealth will be accumulated. What to do with that accumulated money? That is the next cure for lean purse.

6. Make your money work and multiply for you.

Just like you seek jobs or trades for yourself in order to earn some money, you have to find some employment for your one tenth of accumulated money to labour for you. You have to find some profitable investments but be warned of the possibility of loss. Do your own study, research and calculation and don't ever blindly handover your precious capital to the mutual fund companies or stock traders when you don't have a direct control over your investments.

You must look for some good investment vehicles, which suit your level of skills, knowledge and interest. Some people invest the capital in their own businesses that they start and multiply the seed money through profits and returns. Some invest only in assets that put money in their pockets every day or every month constantly. Make sure to multiply your capital by investing in assets from your perspective and not from the bankers point of view. What is an asset for one can be a liability for the other.

Your real wealth will be not the money in the bank balance but it is the income system that you build and flows to you continually as golden stream is your real wealth. When there is a constant money flow in than money flow out, there happens a miracle of multiplication of wealth. As you grow in experiences and your wealth multiplies, you can invest in multiple streams of income to attract the constant cash flow.

7. Protect your money and treasures from loss.

From the experiences of others and yours, you can easily make a strategic plans to protect your wealth because they are the fruits of your own labour and skills. It is your duty to protect it from loss of any kind. Before you loan your money to somebody, check their ability to repay you. Or before entrusting your money in any field of investments acquaint yourself with the dangers involved. Calculate the ratio of risks and rewards.

The new super markets in the city, the casinos, the large malls, the movie theatres, the hospitals, the education institutes, the governmental taxes, the fast food restaurants and food chains, the airlines, the cars, buses and tourism industries and many more industries are there to grab a share of your earnings and at times it can be tempting to given in and lose all your money. Because when your desires will overpower you, you can't do much other than swiping your credit cards randomly.

Don't be over confident of your own wisdom and experiences in entrusting your money to others. At the same time don't just consult anybody in the market place what do they think about the investment opportunities because advice is cheap and available everywhere. Consult the right people who are engaged in such trades themselves.

It is important to prevent your purse from being emptied once it has become full. Invest in places where you can get back your capital. Consult with wise men. People will flock to you with their investment vehicles but don't get lured because many people are working hard to earn their fat commission from your investments.

Alwed Ekka
Guide Coach Mentor

The Cures for the Empty Bank Balance! (Part one)

"Ahead of you stretches your future, like a road leading into the distance. Along that road are ambitions you wish to accomplish...desires you wish to gratify." George S. Clason

The moment children are born into this world, they carry with them the seeds of ambitions and desires to cultivate the land, reap the crops and enjoy its fruits. In the modern time, children are born into a new world where money has become the medium by which earthly success, happiness and the quality of life are measured.

These children are fortunate as well as unfortunate to get the education about the laws of money. In the past, a craftsman passed on his skills of making fortunes on any particular trades to his children and upon learning such invaluable trade skills the children continued the trades that their father did.

Today, many parents don't teach their children the necessary skills to make a fortune. They send their kids to schools and expect others to teach their children some trade skills so that they could earn an income to take care of the family. This is not enough. The children are not taught how the money is earned, kept and multiplied as a result many people today have negative bank balance. Their bank accounts are empty. Their purses are lean.

Here below I discuss some cures for the lean bank balance or empty pocket. When people fall sick, they rush to the doctors for cures but when they are broke they can't rush to banks because banks are not the problem solving entities. When people have empty bank account, they have nowhere to go for cures but themselves. To bring their ambitions and desires to fulfillment, the children must be successful with money today.

1. Find out what you love and work with diligence everyday.

To bring your ambitions and desires to fulfillment you must seek what you love and work on it diligently everyday so that you can earn some income. Based on your skills, abilities, unique talents and interests, level of qualification and education, you can find jobs or businesses that you believe is the passion for you. You may have to work month after month but you must keep your work daily.

Everybody has some work or the other and everybody receives a share of payment according to their capacity and bargain. Even at a small job, you have the opportunity to build a fortune if you truly desire so. After you earn money from your respective trades, you must know what to do with your payments and that is the next cure for your lean purse.

2. Pay yourself first one tenth of your total income to achieve financial abundance and fortune.

If you desire to build a fortune or achieve a financial freedom, you must cultivate a discipline to pay yourself first a part of what you earn as yours to keep. After getting your payment or salaries or profits and dividends, you must immediately take one tenth of your earnings and deposit it in the fortune or financial freedom account to accumulate. No matter how bad the circumstances may be, you must follow this principle day by day, week by week, month by month and year by year and your bank balance will begin to fatten automatically and you can build your fortune. You can be creative enough to divide this one tenth of your income into savings, investment and charities.

Don't act too smart to keep all you earn as yours to hoard because the law never works that way. Of course you can increase your quarter if you make more money but be true to the law of paying yourself first in all circumstances throughout your lifetime.

Remember, a part of all you earn is yours to keep so pay yourself well. Ask yourself, if you love yourself, you must pay yourself first.

3. Pay others second the nine-tenths of your total income.

Many people are very good on this. They have learned from childhood to pay for others that they forget about paying themselves first. Of course, there is nothing bad about paying others but there is only one error and that is if you don't pay yourself first, you will be broke and caught in credit card debts.

People pay for others first and they have nothing left for themselves. They pay the supermarkets to buy groceries, they pay restaurant owners to eat food, they pay airline companies for travel, they pay schools and colleges for education, they pay governments in the form of taxes, they pay internet service providers and electricity, gas, water and many other services. The people also pay the clothe merchant for the purchase of clothes and the banks in the form of interests, mortgage etc. The nine-tenths of your income is used to look after other people in order to survive. It seems strange to me that people pay for everybody and they work harder and harder and sometimes they do two or three jobs just to pay others.

If you don't pay for others, they will come knocking your doors and at times they can even sue you for failing to pay them. It is a strange world because all through out your life you labour for others. You spend your time, energy and skills to give away all that supposed to be yours legally but other people snatch away your earnings legally too. So be careful, who you pay and who really deserves. Control your unnecessary desires and gratify only those you really think deserve.

Today there is a credit card system, which facilitates people to pay for only others first and not oneself. The credit card has created the recent recession and people are struggling to pay for others.

4. What do you desire the most assets or liabilities?

What do you desire the most? Is it a liability- the instant gratification of your desires of each day, may be a jewel, a finery, fast cars, more fast food, gadgets, clothes, things quickly gone and forgotten? Or is it an asset- the substantial belongings, gold, silver, lands, flats herds, merchandise, commodities or income-bringing businesses and investments? Remember the one tenth of money that you keep as yours will earn assets that will generate constant cash flow for you while the nine-tenths of money you pay for others will only give instant gratification and soon you will be hungry and thirsty wanting and searching for the next day.

5. Teach yourself to control the unnecessary expenses on your desires.

Your bank balance is empty because you give away all your earnings to others and don't keep anything for your fortune to accumulate. We all have necessary expenses, but the necessary expenses will always grow to equal your incomes unless you protest and protect yourself.

You should not be confused with necessary expenses and your desires. You, together with your good families, have more desires than your earnings can gratify. If all your earnings are spent to gratify these desires still there will be many unsatisfied desires.

All people are burdened with more desires than they can gratify. Therefore study thoughtfully your accustomed habits of living. Certain accepted expenses can be wisely reduced or eliminated. The best way to do is to write down all things that you desire to spend and select those that are necessary and possible to pay through the nine-tenths of your income.


Alwed Ekka
Guide Coach Mentor

Many people choose fish than a fishing rod!

Millions of students graduate every year all over the world from their respective universities and if you ask them a question, what would you choose fish or a fishing rod? The answer is instantly the fish. The fish is here a metaphor of money, jobs, security etc and the fishing rod is businesses and institutes that bring money in every day. In other words, fishing rod feeds the people for life time and not for a day or two. Fish is not everything, fishing rod is everything.

Learn to see the big forest than a single tree.
People are highly qualified academically yet they don't make a correct choice. After graduating from the university, the students look only a particular apple tree and they miss to see the whole forest. They want money but they don't want things that could produce more money for lifetime. They see the short and immediate desires than the delayed needs.

Many conform rather than to think for themselves.
Immediately after the graduation, the students conform to the world of seeking jobs or work for money. Of course, the schools and colleges don't teach students to think independently rather they train them to conform to uniformity that is why schools and colleges insist upon wearing uniform or dress code for students. The students learn nothing more than conforming to their peers and the world. A person who thinks for himself may not conform to the world instead he will chart out his own course but according to conventional wisdom, he would be considered crazy.

The role models to emulate.
Bill Gates and Steve Jobs are the real role models who didn't conform to the conventional world rather they thought for themselves and because of their unconventional thinking they are shining in the world today. They have created a new world, a new history and a new standard of living and achieving one's goals. People shouldn't conform to the world blindly just because others do so. They must pursue their own goals and interests than working to buy the fish. They must work to get the fishing rod than the fish. Bill Gates and Steve Jobs and many others, didn't give in for fish instead they chose acquire the fishing rod. That has made a big difference today in their life.

Aim to acquire the fishing rod than fish.
If you acquire the fishing rod, you can feed yourself for months and years but if you aim to have only the fish, you will have only for a day. It is not a good choice in this present world where the rules of fishing and eating fish have gone a drastic change. There is a great advantage for those who want to acquire the fishing rod. You can choose the entrepreneurial path to take care of yourself and your family and others financially through out the years.

The fish may not be the best choice today.
Many parents insist their children to go to school so that they can get good jobs and earn good money and the children follow the same thing even after finishing the university. In the information age, fish is not the best choice today; the earned income from the job may not be sufficient to run the family today. The recent recession has hit very hard those people who look for only fish, who work for the earned income. There is a great danger in working for money.

Look for assets that will put money in your pocket.
People work at jobs and get paid for their labour, energy, time and service. They don't work for the assets that could bring money in their pocket. Those who didn't work for the assets that bring cash flow in the pocket are bleeding today because of the recession all over the world. They are still today looking for jobs to pay back the debts and feed their families.

If students and adults learn the difference between the fish and the fishing rod, assets that bring cash in and the liability that takes money out of pocket and the business that earns profits and jobs that bring earned income. It is a sad choice the young people are making today everyday. They lack guidance, wisdom, information and experience. They are wrongly conditioned and programmed. Teach yourself to choose the fishing rod than the fish. Choose fortunes rather than a living. Choose assets than liabilities. Choose businesses than jobs.

Alwed Ekka
Guide Coach Mentor

Make A List Of Your Goals!

It is said that when we have a list of goals, the bank balance increases and when there is plenty we can afford all that we possibly want. Let me guess, if you don't have a list of goals, then there is nothing much in your bank balance. On the contrary, if you do have a list of goals, then for sure you have more than enough to last one year without work.

There are some reasons why we should have a list of goals. There could be some obvious reasons and not so logical reasons nevertheless we must have goals.

Goals act like the set of the sails.
Goals really act like the light house, which direct the ships large or small to its destined harbor. The physical circumstances, the disappointment, heartbreak and failures could discourage a person so much that there would be no guiding post to move ahead. Goals channelize the human energy and resources to accomplish some predetermined objectives. It is really important to set goals, the things we would like to achieve during our life time. Of course there are people who have different opinions about goal settings but don't get distracted by their words. Have your own list of goals to live a fulfilled life.

We become definite about what we truly want.
Goals make us definite about going to certain place and achieving something real. Without becoming first definite about our goals,we can't expect to get what we want. Goals progress us towards our ideal vision and our mind is very clear about what we want to become in life. The more definite we become about what we want, we can reach our goals faster and sooner. Become definite first through the list of goals and enjoy your life.


Setting goals help us program our minds for success, health and prosperity.
When we set goals or write down our goals, we do a lot of great things for ourselves. By writing down our goals, we condition and program our minds mentally first through the pictures, images and visuals for success, health, wealth and abundance. There is a deep connection between goal settings and the programming. If we don't impress our unconscious part of our brain then we can't really get what we seek to get in life. Have a list of goals to impress your subconscious mind for prosperity, abundance, health and happiness.

Goals reflect who we become in the process.
There is no doubt, what goals will do to us if we have a list of goals. Goals will make us very valuable and capable individuals in the market place. Goals will help us become attractive and powerful in our skills and developments. There is enough chance for us to attract all that we desire and long for. Take for instance, people who have accomplished great success in life, they have become valuable in the market place by setting goals. They are great and extraordinary by achieving their set goals. We can too reflect our true self, when we follow our goals.

Don't listen to others' opinions about goal settings.
You will come across many people in your life who would not agree with having a list of goals because they are very critical and negative in thinking and believing. Beware of such people and don't share your list of goals with them because their personal opinions would really drive you off the right course. You may be on course, but you will soon realize that you have been pushed aside from the main course of destination. Our friends, colleagues, parents or neighbours don't know about us, so the goals that we set may not work for them but those goals may work in our favour if we believe truly.

Goals can change our life for better and give us a new lifestyle and perspective too.
People whom we see around the place driving fast cars, living in magnificent houses and buildings, thriving businesses and investments etc. could change their life because they assumed the responsibilities of setting goals and one after the other reached their goals. Goals make a big difference in life when we achieve them and they also make a huge difference when fail to achieve them. Claim your good life and vow to have your own unique lifestyle.

There could be other reasons why we should have a list of goals. The reasons may vary person to person but decide to have at least your list of goals and don't ever doubt whether they would work or not. As long as you have goals, you should be certain and definite that you are going somewhere and not moving around aimlessly in life.

Alwed Ekka
Guide Coach Mentor

We All Must Choose To Become Rich Everyday!

Do all people really choose to become rich on a daily basis? Do they think, it is a great idea to be rich and prosperous in life? People do wish that they should be rich, but in fact their wishes are superficial and unreal. Deep down there are some conflicting ideas that don't really allow them to choose richness.

Love of money as the root of all evils.
Many believe that 'love of money is the root of all evils' in the society and as a result the majority of population don't ever aspire to become rich in life. They just want to get by rather than living their desired lifestyle. The people have been conditioned wrongly by the teachings of religious authorities and because of the impression of wrong concepts many people deny and hate becoming rich. Instead of choosing to become rich everyday, they choose to become poor everyday because they have learned that poverty is virtue. "Happy are those who are meek, humble and poor in spirit, for theirs is the kingdom of God."

The lack of money is the root of all evils.
The love of money is not the root of all evils as everybody in society thinks about, rather the lack of money is the root of all evils in the society. The ignorance is the cause of evils. When people lack something because of limited means to acquire all that they want, they begin to find ways to satisfy their unmet wants and needs. When unmet wants or needs drive their hearts they take up any means to satisfy their wants, whether it may be to steal from others or to kill somebody. The lack creates a divide in the society and that brings disharmony and disasters.

Be encouraged to become rich.
Therefore I am here to encourage people to choose to become rich daily so that they can be financially independent and live a happy life throughout their life. Being rich has many positive points. When one is rich, he/she can afford the best college education, can buy the cars, the planes, the buses or can buy flats and villas to stay in. A person can buy the latest apple i-phone.

Some significant reasons to be rich.
When we choose to become rich, we could afford the best health service and check-up in the hospital. We can buy everyday fresh flowers to keep in our homes or send flowers to some deserving people everyday. We don't need to rush to the office everyday during the peak traffic in the city.

When we choose to become rich and at the end became truly rich, we could get a body and foot massage to relax ourselves. We can buy the expensive furniture for our homes or we can donate furniture to some organizations that may require chairs, tables, desks etc.

By choosing to become rich, we can provide scholarship for the needy students who can't pay the tuition fees. We can even pay the hospital bills of some unknown families who can't afford to pay the whole expenses. We can buy people some new dresses, shoes, mobile phones, cameras and cars for those who can't afford during their lifetime. We can invest in the start-up businesses to encourage the young entrepreneurs. There are millions of things and ways that a person seeking wealth and prosperity could do during one's lifetime.

Greediness, crimes, wars, poverty could be reduced.
When everybody desires to become rich and believes in the absolute capitalism, there is no place for greediness, crimes and poverty. People will never look at the others with suspicions and greed when people really rely upon their unique talents, skills and capabilities to accomplish all they want.

Therefore choose to be rich.
Becoming rich provides many things and it increases our human capacity to contribute something for the better society and world. Nobody would ever dare to live in poverty, illiteracy, ignorance and lack because there would be enough for all. The nature gives enough for everybody and those who choose wisely to become rich, they will reap the rewards and live a satisfied life.

Alwed Ekka
Guide Coach Mentor

Educate yourself about money, taxes, good debts and bad debts, inflation and retirement.

In the world, whether you are rich or poor, all have one basic problem and that is 'money.' Almost everyone has some bad and some good experience in relationship with money. Nobody is immune to problems that arise in connection with money. Either there is a problem of enough or not enough. Either there is a problem of plenty or poverty but there exists a problem, which is handled differently be different groups of people. To overcome such money problems of plenty or poverty, you need to educate yourself about money, taxes, debts, inflation, retirement and the media today.

The problems people are facing today with regard to money, inflation, taxes, debts, unemployment, poverty in the world are due to ignorance about the subject matter called money. People don't have any nice chance to learn about money, inflation, taxes, credit card debts from some reliable sources. From the point view of ordinary people, there is no information or knowledge available in abundance but there is information overload from the point view of institutes or big organizations.

These days many people have defaulted their minimum credit card payments because of high inflation, they have no money left in hand to run their families. The inflation has increased very high but the salaries haven't increased. There is no excess or plenty of cash reserved or balance in their pockets as a result they are defaulting and non-payment of the principal amount plus the interest on that are creating huge bad debts for the credit card holders today.

It is very easy to swipe the credit cards in front of our friends to look rich or comfortable but the simple error is creating a big hole in one's financial stability. The large financial institutes all over the world are earning huge profits on the ignorance of the masses. They don't educate the masses rather they expect them to be ignorant.

If you want to know how lack of financial education is causing so much problem, then you just need to turn to your neighbour or friends or family members who have no idea how to handle the credit card debts and they will tell you how badly they are screwed up today. The complains and grievances against the large financial institutes are increasing because of lack of transparency and irresponsibility.

70% of financial problems would have been avoided or solved if they had good financial education regarding money, taxes, inflation and debts. These people have academic and professional education no doubt but they lack the financial education from their perspective. They know how to work for others, pay for others and earn for others because they learned them in the schools and colleges but they didn't learn how to work for themselves, pay for themselves first and earn for themselves.

If you are interested in increasing your financial knowledge then you can actually educate yourself by gaining access to good information and knowledge. There are some good financial books which might assist you in increasing your money skills. If you haven't read about Robert Kiyosaki's books, then you must pick up his series of books, which are excellent for gaining financial wisdom. He has provided the world with very good knowledge filled financial education tools to elevate one's life financially.

At the end, it is you who can solve your money problem small or big if you increase your knowledge regarding money, taxes, inflation and debts. People who are millionaires and billionaires do know something about money system that is prevalent all over the world. In my opinion, we can play the same game of money legally and yet win over financial illiteracy. Learn and do your own research regarding the money system to live a free life in this world with great abundance and prosperity.


Alwed Ekka
Guide Coach Mentor