https://padlet.com/t01067324415/jvzhn1b2m7jbxkdp en-us 2022-10-11 18:33:25 UTC 2022-10-11 18:54:25 UTC hello@padlet.com t01067324415 https://padlet.com/t01067324415/jvzhn1b2m7jbxkdp/wish/2335820241 * Everyone desire to be wealthy
• making money only -> financial education on how money works
• self driven income -> system driven income
• depends on your hours -> generation independent income with system
: How financial industry become solution financial problems

1) single handed income (insecurity, limited growth, no freedom)
: salary, comission, margin
-> comes with the hours
2) multi handed income (securty, unlimited growth, freedom)
: royalty, dividend, capital gain
 eg) Tim horton francise, paticular branch to get bonus
->comes with the system

[World financial group]
1) home financing ref (manage)
2) insutance/estate planing
3) investment(RESP, RRSP, TESA)
• retail industry: walmart, amazon
 -> distribution, easy/fast
• coffee industry: Tim hortons
* funancial company: EVEREST, iA, BMO, Equitable Life, CPA, ivari
" Education & Awareness "
* current transactions approach in financial industry -> educational approach in financial industry
Q) How are we doing this & who pays us?
<monthly paycheck>
• living expenses (50%)
• debt(20%)
• tax(20%)
Only less than 10% is saving
-> if we want to save more, we have to learn why & how to
* savings for retirement, children education, income protection
* In general, 91% failing financially, age 65 cuz lack of financial edu
 -> saving & expand both are important!
* current b4 starting the business
 : investment, time, need, knowledge
1) emplyee hours: salary
2) self employeed: more time -> more money
 ' WFG: gov. Licence sys
3) business runs on system: royalty
4) investor



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