how to grow your net worth by nolan lazaro

N O L A N L A Z A R O . C O M

How To Grow Your Net Worth Through Your Virtual Career

W W W. N O L A N L A Z A R O. C O M | W W W. W E C A D. C O

JOMAR HILARIO

N O L A N L A Z A R O . C O M

Former OFWcame home to earn more

than what he‘s earningIn Singapore?

Personal Finance Blogger

EntrepreneurVA Project Manager

IT ConsultantCTO - TGFI

OFW VSWork From Home

Similarity of the 2?

Both earns Foreign Currency

But What’s the Difference?

For us, we can work anywhere we want to

and earns dollars

OFWs needs to sacrifice, be away with their loved ones to be able to earn dollars

“I’m earning $30/hour but I still don’t have any Investments or savings”

So How To Grow Your Net Worth?

Very Simple

1) Buy more Assets than Liabilities

Simple Right?

NO?!!

Asset?!

Liabilities?!

2) Pay Yourself FirstWhen was the last time you bought a gadget?

How about a course or attended a seminar?

Buy something that will make yourself valuable

When was the last time you bought a gadget, new bags or perhaps a new shoes?

How about a course, buy a book or attend a seminar?

Buy something that will make yourself valuable

Salary – Expenses = Savings

Typical Formula

NO!

Formula of the Rich

Salary - Savings = Expense

3) Rule of 7272 / Annual Rate of Return =

How long an investment will take to double your investment

72 / Annual Rate of Return =

How long it will take to double your investment

30 years old P 100,000

36 years old P 200,000

42 years old P 400,000

48 years old P 800,000

54 years old P 1, 600, 000

4) Know Your RideFinancial Vehicle

UITF / MF

Real Estate

5) Compound Interest

Battle of the Brains

6) Lastly, Change your Mindset!

Have a Millionaire Mind

Action Plan?• Pay your Debts First!• Emergency Fund• Track your expenses monthly /Budgeting• Invest ( I n v e s t o n y o u r s e l f , a tt e n d s e m i n a r s , r e a d b o o k s ,

b l o g s a n d t a k e c o u r s e s )

What Investments Do I Have?

TIPS

Increase your cashflow

Lessen your expenses

Never say, “I can’t afford it”

Use“How can I afford it”

Change your Mindset

Get a Mentor

N O L A N L A Z A R O . C O M

N O L A N L A Z A R O . C O M

Mobile: 09776168368Email: nolanraypl@gmail.com

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