5 Amazing Videos of Bo Sanchez That Can Actually Change Your Financial Life!
We've been employees and OFWs for several years now. But it's only just a couple of years that we really started minding our finances. We were spenders, living pay-check to pay-check and had debt. With the help of books, seminars, mentors, support from friends and family, we were able to change our financial life.
If you're stuck and looking for answers and guidance about your finances, you can start by watching these awesome videos from Bo Sanchez.
#1 One of his maids, has now P778,000 in the stock market!
Yep you read it right! Seems crazy at first but he really taught his maid how to save and invest in the stock market. If you also read his book "My Maid Invests in the Stock Market..And Why You Should Too!" (Get it here for free), Bro. Bo shared why and how he taught Ate Gina how to invest even with just for P2,000/month. In this video he'll share why he does it and how you can learn from him too!
p.s. Don't forget to get his free book here!
#2 Success is about our small decisions done everyday
The problem is not the lack of income but the lack of managing your income. To reach your financial goals, you need to create a plan then take action. - Bo
#3 Money is neither evil nor good, money is just neutral
The ultimate purpose of getting rich is to love and help more people. 10-20-70 principle: Your income = 10% goes to Tithing - 20% goes to your Savings - 70% for your Expenses. A simple but very effective rule.
#4 Pay-Yourself-First: Income-Savings=Expenses
You don't need to be a millionaire to invest in the stock market. Even with just P5,000 you can start investing through www.colfinancial.com. But before you start investing sabi nga ni Aya Laraya "aral muna bago invest", read books, articles, attend seminars about the stock market. You can continue watching more Pesos and Sense episodes here. And if you want Bro. Bo Sanchez guide you in the stock market get his free book "My Maid Invests in the Stock Market" here.
#5 Grow your money not just for your own security but to be GENEROUS
In these Power Talk: Income vs Wealth, Bro. Bo talks about why and how to build your wealth for old age. Just remember these 3 Steps in Building Wealth: 1) Receive 2)Retain 3) Reproduce. Watch to learn more!
About Bo Sanchez
Bo Sanchez is a preacher, leader and an entrepreneur. He is the author of 30 bestselling books like 8 Secrets of the Truly Rich, The Abundance Formula & My Maid Invest in the Stock Market. He leads a spiritual community, the Light of Jesus Family, and a special home for the abandoned elderly, Anawim. Bo also founded the Truly Rich Club where he writes about financial literacy, teaches people how to save, invest in the stock market, manage debt and business.
p.s. Remember to get his free eBook here!