mastering your income

8/14/2019 Mastering Your Income

1/19

Hans Jakobi is an international speaker and

best selling author. His first book, How To Be

Rich & Happy On Your Incomeled to him being

known as Australias Wealth Coach.

He is a man who truly walks his talk. He has

achieved the balance between his personal and

business life that most people only dream about.

He enjoys life on a country estate with his familyand travels the world teaching wealth creation

strategies and speaking about his books.

Playing the money game and the game of life

successfully is not a matter of luck, education,

race or religion. Hans says. Its a

matter of choice.


2/19

Mastering

Your Income

Im flexible I want to be rich and famous, but Ill settle for rich.

by Hans Jakobi

Australias Wealth Coach


3/19


4/19

IntroductionIve got some good news and some bad news

for you.

Firstly, the good news. If you are like the aver-

age Australian, earning between $25,000 and

$35,000 a year, then in your lifetime, over $1

million will flow through your hands. Now

thats a lot of money. What that means is thatyou are already on the road of possibility

towards becoming a millionaire.

Now for the bad news. If you are like most

people, youll spend it all and after a lifetime

of working and earning, youll end up with

almost nothing. In fact, you may be heading

towards a retirement dependent on govern-

ment assistance.

Why is this the case?

The reason is that we are not taught money

skills at school and we enter the workforce

with a better understanding of how to borrow

and spend on credit than of how to earn and

manage our earnings. We absorb attitudes

be fulfilled. Your first move is to condition

your mind to accept the possibilities and

opportunities which are within your reach,

ready for you to apply everything you need to

live a productive and affluent life.

Money may not buy happiness,but it surely allows you to lookfor it in more interesting places.

32


5/19

Choosing to be good with yourmoneyThe first step to becoming wealthy is not

investing. The first step is personal money

management. As Ive said on the front cover of

this book: Its not about how much you earn

its about how you manage what you earn.

Imagine your income is like a river flowingpast your house. If you could just divert a

small part of that flow, you would create a

tributary from this river. As the water flows

along this tributary, the flow gets stronger

and builds its momentum. In the same way,

if you would just keep a portion of your

income aside for investment, you will start to

get your money working for you, rather than

you working for money.

The first step is to examine where you are

spending your money at present and to keep

track of it. Some people call it a budget. I pre-

fer to call it a spending plan. I know that

whenever I bring up the issue of budgeting,

and belief systems from our parents, our

friends and the media. We observe how oth-

ers live their lives and we develop strategies

through trial and error. Most of what we learn

about money is haphazard, often out of con-

text, and sometimes just plain wrong. Many

of the books on money are overly technical

and boring. Consequently many people end

up being confused, overwhelmed and frus-

trated.

The fact is that money will have a greater

influence on your life than almost any other

commodity you can think of. Some of lifes

greatest enjoyments and most of lifes great-

est disappointments stem from your deci-

sions around money.

Understanding money how to make it and

keep it and how to make it work for you isabsolutely essential to your life, your rela-

tionships, your health, your happiness and

your future.

54


6/19


7/19

Here are some of the excuses people have

given me over the years:

From 18 25 yearsI cant save now because Im just starting myworking life. I dont earn a lot yet and I want

to have fun while Im young. Besides, Im sav-

ing for a new car. Ive got plenty of time. Ill

wait till Im earning more and then Ill startsaving.

From 26 35 yearsI cant save now because I need to fix thebrakes on the car and get it passed for regis-

tration. Ive got a young family and a mort-

gage to feed. That takes up all my money,

you know. As soon as the kids are older and

life is less expensive, Ill start saving.

Besides Ive still got plenty of time before I

want to retire.

From 36 50 yearsI cant save now because the kids are in highschool now and they cost a lot of money. In

fact, I had to borrow money this year to keep

poor use their income to pay for their luxu-

ries. That way they never get to have invest-

ments which will significantly increase their

income in future years.

How much can you save?Being careful with your money means mak-

ing choices so that you can enjoy a better

quality of life rather than throwing moneyaway on things that are not really important

to you, which is what most people do. Most

people arent aware just how powerful saving

and investing can be and how it can trans-

form your life.

In Chapter 5 of the book, How To Be Rich &

Happy On Your Income, I show you 60 ways to

save money. This is a valuable guide to free-

ing up extra money for investing.

Why you cant save now!No matter what stage of life you are at, there

are bound to be many good reasons to give

yourself as to why you cant save money now.

98


8/19

twenty years ago, but its too late now. Its

hard to save on no income.

As you can see, theres never a convenienttime to start saving. It will always be an effort.It will always require discipline. It is nowalready later than you think, so start savingnow!

The most common reason that most peoplecant save is because they are overcommitted

on credit.

In Chapter 5 of How To Be Rich & Happy On Your

Income I show you how to use credit wisely. In

general, it is best to avoid borrowing for per-

sonal consumption. It is far wiser to save the

money first and then go shopping. Borrowing

for income producing investments makes

sense when the returns from your invest-

ments are greater than the cost of borrowing.

Shop around - negotiate ask for abetter dealBefore you rush out to the nearest shop or

pick up the phone to buy that latest widget

up with the school fees and school excur-

sions. This seems to be the most expensive

time of our lives! The car also needs new

tyres and the washing machine keeps break-

ing down. I cant save now!

From 51 65 yearsI cant save now because things are harder

now that Im older. Theres a lot of competi-tion at work from younger people with bet-

ter technological skills and its not easy for

someone my age to find another job which

pays more. I need to hang on to the job Ive

got. The car is getting really old now and

costs a lot in maintenance. Ill have to

replace it soon. The refrigerator is on its

last legs too! I guess Ill just have to rely on

my superannuation in the future.

From 65 years onwardsI cant save now because weve had tomove in with one of our children and their

family. Our pension doesnt go far and the

only real pleasure I have is to play golf on

Wednesdays. I wish I had started saving

1110


9/19

opportunities, its amazing how doors open

for you. Try it!

In Chapter 6 of Health, Wealth and Wisdom in the

New Millennium youll read about creating

abundance. This Chapter talks about the new

skills we are likely to need in the future; vir-

tual companies the changing face of busi-

ness and the changing world of work. It maybe helpful if you are looking for income pro-

ducing opportunities that are in line with the

changing direction of business as we move

from the industrial age into the new idea

economy.

Doing what you loveMost successful people are passionate about

what they do. Money is a natural by-product

of doing what you love and loving what you

do. When you love what you do youll neverhave to work again. When you are passionate

about what you do, you will ultimately reap

big rewards.

you just have to have, write its name down

and think about it for a week. Then ask your-

self if you really want it as much. How many

things do you have in your cupboards or

drawers that youve only used a few times

but just had to have at the time? If you

decide that you still want it, shop around for

the best deal before buying.

How can you make more money?Nowadays many families need several

streams of income just to survive. Often both

parents may need to work to support the

family and even that may not be enough. We

live in a rapidly changing world and job secu-

rity is a thing of the past. We now need to

develop financial security through several

sources of income. As well as your income

from investments, which are relatively pas-sive in most cases, think of other ways to cre-

ate extra income. Perhaps you would like to

start a home based business on the side.

There is a world of opportunity out there if

you look for it. When you start to look for

1312


10/19

Ten powerful habits of wealthypeople Spend less than you earn

Save and invest at least 10% of your

income

Invest according to investment fundamen-

tals, not tax benefits

Use credit cards wisely pay them whendue

Use a list when shopping. Delay purchases

of items you dont need. Shop around first

before buying and negotiate

Buy used when you can

Take care of what you own

Develop and maintain an understanding of

property investment, shares and bonds

Take the time to plan, research and sys-

tematically measure your results

Give 10% away. What goes around comes

aroundLive by your passionstrust your heart

From Health Wealth and Wisdom in the New Millennium

by Hans Jakobi and Stephen Skelton

1514


11/19


12/19


13/19

This book is packed with powerful, practical

and easy to understand tools to live a richer

and happier life on your present income.

Whats more, - this book shows you how to

increase your current income and how to

build real wealth.

Anne HartleyInternational Best-Selling Author of

Financially Free, Debt Free and

The Psychology of MoneySydney, NSW, Australia

If you want to be like most people then dont

listen to Hans Jakobi, because hell teach you

not only how to keep more of what you get

but to get more of what there is.

W Mitchell CPS CSP CPAESanta Barbara, California, USA

Powerful, practical and persuasive

philosophies for people who really want to be

genuinely wealthy. If you want to live the

lifestyle you dream about, this is must read

stuff. Then stop dreaming and start doing!

This is the best investment youll ever make

in your future.

Winston Marsh

International Business AuthorityMelbourne, Victoria, Australia

2120

What They Say About

How To Be Rich & Happy

On Your Income

and Hans Jakobi

This book is a goldmine of valuable and

powerful money management tools which can be

applied immediately. This straightforward and

practical book reveals how to manage moneybetter and enjoy a richer life.

Raymond Aaron - Canadas MonthlyMentor, Toronto, Ontario, Canada

The student becomes a teacher. Hans first

attended one of my seminars around ten years

ago and has been to several more since then.

He has implemented what he has learnt to grow

his own investment portfolio and now teaches

wealth creation strategies to others. His book,

How To Be Rich & Happy On Your Income is

required reading for anyone committed to

increasing the quality of their life. Stimulating and inspiring, it

deals with everyday issues in a way that is thought provoking

and relevant for today.

Robert Kiyosaki - Professional Investor, Best-sellingAuthor Rich Dad, Poor Dad, Teacher,

Phoenix, Arizona, USA


14/19


15/19

Health, Wealth & Wisdom in the New Millenniumby Hans Jakobi and Stephen Skelton $27.50The new millennium will see major politi-

cal, environmental and economic changes

for us all. Some will be challenged and find

it confusing to know how they fit in. For oth-

ers who are prepared and who have posi-

tioned themselves correctly it could be the

most rewarding time of their lives. Health Wealth &

Wisdom in the New Millennium is a comprehensive,provocative and insightful study of how the new mil-

lennium will impact key areas of our lives and future.

This powerful new book is a wake-up call to a New Age.

Find out about: Money, Relationships, Parenthood,

Spirituality, Business, Sex, Health, The Internet

101 Health, Wealth & Wisdom Tips by Hans Jakobi and StephenSkelton $10.95This is your guide to health, money and lifestyle choic-

es. This little book provides a simple path to creating

opportunities for improvement in your life.

Imagine wanting to find a solution to your

busy life, stress or money and relationshipchallenges. Hold the question in your mind

and then open this little book. You will find

gems of wisdom and clarity where the page falls

open. The secrets to being healthy, wealthy and

wise are found inside this book! Its also a great gift

idea for someone special.

25

Selected Resources from theWealth Dynamics Product Catalogue

How To Be Rich & Happy On Your Incomeby Hans Jakobi $22This book has captured the imagination of

thousands of readers worldwide, inspiring

them to take control of their finances and

changing their attitudes to life and money.

This book is much more than a book aboutmoney its a book about your life!

How To Be Rich & Happy On Your Income An Action Guide by Hans Jakobi $27.50This Action Guide is an easy to understand companion

workbook to the original How To Be Rich &

Happy On Your Income. With the help of hands-

on worksheets and carefully designed exer-

cises, you will gain a deeper understanding

of yourself and the action steps needed to

propel you to the wealth and happiness

you desire. A practical, easy-to-followmoney management workbook!

BONUS OFFER: Order both books and save $4.50!

When you order both How To Be Rich & Happy On Your

Income and the Action Guide at the same time, you will

pay only $45 for both books and save $4.50!

24


16/19

Investments, Managed Funds, the

Secrets of Successful Investing, Doom

and Gloom, Winning Strategies, Frauds

and Ripoffs & much more. This really is the

complete investing guide.

The Australian Share Market Guide by Lance Spicer $49.50

This book will show you how to earn a good living from

investing and trading shares on the

stockmarket like a professional. Byusing the buy and sell indicators

recommended in this book, you will learn

how to take much of the risk out of share

market investment

The Secrets to Small Business Success Going Outon Your Own? By Lance Spicer $20Going Out on Your Own?Will lead you to small business

success. This book covers all aspects of small business

and shows you practical ways to achieve the results

that you desire. In a logical sequence of

events, Going Out on Your Own? explains

getting started, making sure your busi-

ness will work, right through to proven

ways to improve sales by writing ads that

work, time management, merchandising,

selling, administration and many other

important aspects of business success.

27

The Psychology of Money - How to turn your dreams intoreality by Anne Hartley, Author of Financially Free$22

Discover the secrets of prosperous

people. This book is full of inspirational

stories about real people who have achieved

their dreams. This book will not only inspire

you, it will show you clearly and practically,

how to create the life you want.

You Were Born Rich by BobProctor $22This book has been written to help you

bridge the gap between where you cur-

rently are in your life and where you

truly want to be. You will be amazed

and excited as you learn how to achieve

financial, emotional, physical and spiritual

prosperity in all areas of your life. Bob Proctor is an

absolute world authority on human potential. His

common sense approach is easily understood and his

life changing ideas are easy to follow.

Investing To Win by Lance Spicer $39.50This book takes a straightforward and entertaining look

at all aspects of investing. Lance examines: Financial

Intelligence, Share Markets, Property, Investment,

Superannuation, Offshore Investments, Unusual

Investments, Taxation, Futures, Options, Cash

26


17/19

22 Steps To Global Tyranny by Graham Strachan $14This book argues that we are being conned

by our politicians into thinking that our

country is prospering and a land which pro-

motes individual freedoms and wealth.

Strachan is deeply concerned about the

present world situation and claims that

Australian politicians are selling their

country out to the proponents of globali-

sation. Its controversial, its hard hitting and it is guaranteedto shock you!

Globalisation Demise of the Australian Nationby Graham Strachan $22In this book Graham Strachan explains

how governments and big business are

working together to erode our sover-

eign rights. Find out how over 90% of

Australias big business and 80% of

its economy came to be owned and

controlled by foreigners, and why the

government thinks thats good for Australia.

Read about the social globalist programme, for thefinal handover of political, legal and cultural sover-

eignty to the United Nations and its bureaucracies. Its

controversial, however its a book you should read and

think about if you value democracy, the Australian

nation and freedom from tyranny.

29

Be Seen, Get Known, Move Aheadby Robyn Henderson $27.50The leading edge beginners guide to self

promotion. Everything you wanted to

know about building your career and

business and didntt know who to ask.

Networking for $uccess by Robyn Henderson $27.50

This Ultimate Networking guide takes you

on a how to journey from exchangingbusiness cards, to building rapport, to

writing. A must for everyone in business or

wanting to be in business. Ideas packed!

How To Master Networkingby Robyn Henderson $27.50This is the networking survival handbook.

Providing a step-by-step guide to under-

standing networking how to network, why

it works and, most importantly, how to

apply the principles to grow your busi-

ness and career.

28


18/19

Prosperity and Health through EnergyEfficient Design - A Wealth Talk Audiotape interview with Hans Jakobi andGareth Cole $27.50Gareth Cole is one of Australias leading environmental

and ecological architects. Gareth has been practising

architecture for more than twenty years specialising in

the design of passive solar, ecologically sound, energy

efficient buildings and eco environments. During this

interview, Gareth reveals how you can save big moneyby being more energy efficient, the five simple steps

you can apply to improving energy efficiency, how to

select healthier and safer building materials and how

you can apply ecological principles in your current

home.

Our No Risk Guarantee To YouIf for any reason you are not satisfied with any productlisted here, you may return it within 90 days in aresaleable condition for a prompt and courteousrefund of the purchase price. (less postage & packing)

To order products just fill in the order form at the back of thisbook and send to:Wealth Dynamics International Pty Ltd (ABN 38 081 878 499)PO Box 167, PORTLAND NSW 2847 AustraliaFax: (02) 63 555 855

31

for we are young and free or are we?by Lance Spicer $29.50Lance argues that our lives are becom-

ing more controlled and our liberties

are being attacked. He discusses many

of the serious issues that must be faced

by all Australians: the banking system

and the hidden agendas, the New World

Order Organisations are exposed, loss of

privacy and what we should do about it, citizen initiat-ed referenda, our British Constitution proven invalid,

the de-industrialisation of Australia by international

interests, CIA interference in our political system and

how spy bases pose a threat to Australians privacy.

Underground Knowledge by Lance Spicer $49.50This is a book that provides valuable and hard to find

information information your government

would prefer you didnt know.

Forbidden information on privacy,

money, freedom, technology, special

places where freedom is assured, private

banking and investing, big brother tactics

and how to beat them, offshore companies

and most importantly liberty and wealth.

Underground Knowledge provides you with

information normally reserved for the rich

and powerful.A very unusual and enlightening book!

30


19/19

32

The Wealth Dynamics No-Risk Order FormPlease send me the items indicated. I have enclosed a cheque or money order made payable to

Wealth Dynamics International for $A_________(please include $A8 for postage and packing

within Australia or $A15 for international orders) or I have provided my credit card details below.

___copies of How To Be Rich & Happy On Your Income by Hans Jakobi $22.00

___copies of How To Be Rich & Happy On Your IncomeAn Action Guide by Hans Jakobi $27.50

___copies of both Rich & Happy books by Hans JakobiBONUS OFFER $45.00

___copies of Health Wealth & Wisdom in The New Millennium by H Jakobi& S Skelton $27.50

___copies of 101 Health, Wealth & Wisdom Tips by Hans Jakobi & Stephen Skelton $10.95

___copies of The Psychology of Money by Anne Hartley $22.00

___copies of You Were Born Rich by Bob Proctor $22.00

___copies of Investing To Win by Lance Spicer $39.50

___copies of The Australian Sharemarket Guide by Lance Spicer $49.50

___copies of Going Out On Your Own? by Lance Spicer $20.00

___copies of Be Seen, Get Known, Move Ahead by Robyn Henderson $27.50

___copies of Networking For Success by Robyn Henderson $27.50

___copies of How To Master Networking by Robyn Henderson $27.50

___copies of 22 Steps To Global Tyranny by Graham Strachan $14.00

___copies of Globalisation: Demise of the Australian Nation by Graham Strachan $22.00

___copies of for we are young and free or are we? by Lance Spicer $29.50

___copies of Underground Knowledge by Lance Spicer $49.50

___copies of Prosperity and Health through Energy Efficient Design with Gareth Cole $27.50

All prices are in Australian Dollars and include GST. Australian residents please add $A8 postage

Name(PLEASE PRINT CLEARLY)

Address

State PostcodeHome Ph Wk Ph

E-mail Fax

Please charge $A_____________to my Bankcard Visa Mastercard

Card Number Expiry Date /

Name on Card Signature

For overseas orders please add $A15 extra for postage.Post to: Wealth Dynamics International Pty Ltd

mastering your income

Documents