The gap between the rich and the middle class continues to widen because the crucial ingredient with which to cross the divide is missing. What is required is more than a change in income; it is a change in paradigm!

This is our focus in the ‘Mastering Money’ series. There are mindsets that must be altered and habits that must be changed if you want to build sustainable wealth. Learn and begin to Think, Talk and Take action like the rich.



Mastering Money 3.6: We go to school to acquire academic intelligence. Some of us go further by writing exams to increase our professional intelligence. But we often do nothing to sharpen our FINANCIAL INTELLIGENCE. Mastering Money starts here!

Action Point: Learn and sharpen your FINANCIAL INTELLIGENCE.



Mastering Money 3.7: The poor spend on expenses. The middle class spend on liabilities. The RICH spend on ASSETS. Your status is not determined by the size of your income but by the DIRECTION of your expenses. SPEND wisely!

Action Point: Spend more on ASSETS.



Mastering Money 3.8: We all have short term financial needs and long term financial goals. There are various FINANCIAL SERVICES specially packaged for these purposes. Talk to your FINANCIAL ADVISOR to know the appropriate product(s) for you.

Action Point: Get a FINANCIAL ADVISOR.



Mastering Money 3.9: The root cause of unrealized financial dreams and plans is a lack of FINANCIAL DISCIPLINE. Being TRUE to yourself and having a strong ‘WHY’ for wanting to be rich keeps you DISCIPLINED as you build wealth.

Action Point: Write down WHY you want to be wealthy.



Mastering Money 3.10: It is not how much you make that matters but how much you are able to KEEP. Cultivate a ‘saving culture’ to ensure you have a RESERVE. This reserve is what you will use to create wealth.

Action Point: Open a RESERVE account today.



Many people make money, some have learnt to manage it, but very few have mastered money. This phase is a must if you want to transit from the middle class to riches.