Saving is a primary funding step, if you’d like monetary freedom, it’s essential to discover ways to hold cash first!

Lengthy Kaiqi, 52 years outdated, was once the gross sales supervisor of Fortune Prescription drugs, Hong Kong. He has been concerned in enterprise and actual property funding for a few years and was nicknamed “Hong Kong actual property tycoon”. Being extraordinarily delicate to the market, Kaiqi ready all the pieces to speculate instantly after the SARS pandemic and achieved big earnings. Similar to that, gathered for 20 years in a row, he additionally earned four million yuan, holding dozens of actual property with a worth of as much as 10 million yuan (about 35 billion dong).

Many individuals admire Kaiqi’s success. After they know the start line and his efforts to get outcomes, they are going to be much more stunned.

Dropped out of highschool and went to work due to poor research

In 1984, within the 10th grade entrance examination, Kaiqi solely handed two topics, feeling that his research had been too poor, afraid that it could be troublesome to develop into well-known once more, so Kaiqi determined to give up college and go to work. Kaiqi’s first job was as a salesman, with a wage of just one,300 yuan.

However Kaiqi solely labored for this for Three months, then was fired for not assembly the goal. Later, he labored by way of many roles similar to warehouse employee, mailman, customs… However many of the jobs he didn’t discover appropriate for him, furthermore, many of the recruitment locations liked it. Excessive tutorial necessities will be promoted. This makes somebody with solely a highschool training like Kaiqi suppose: perhaps I ought to make a plan for the long run.

He undoubtedly gave up his job on the warehouse and returned to work as a salesman. As a result of he needs to develop into a supervisor. From the place of a salesman, it’s simpler to get promoted. After 10 years of working, Kaiqi has held a fairly excessive place within the firm. However he step by step realized that it is extremely troublesome for somebody who solely has an training in 10th grade to develop additional. To satisfy his purpose of changing into a supervisor, he determined to enroll on the Hong Kong Open College. After graduating, he moved to work because the supervisor of a drug manufacturing facility.


The purpose is ready to be accomplished

When he obtained a greater job, Kaiqi set one other purpose, which was to purchase a home. This purpose is to not earn extra money, however just because Kaiqi is afraid of changing into homeless. Because the age of 16, Kaiqi has began working, cultivating the behavior of saving cash. After 7 years of saving, on the age of 23 Kaiqi purchased her first home.

However after shopping for a home, Kaiqi acquired the most important assault in his life. Due to shopping for a home on installments, the quantity of each curiosity and principal to be paid every month may be very giant. He used to spend months to economize however solely eat bread, prompt noodles, on large holidays and essential events. eat. Seeing that his pals and folks of the identical age had purchased automobiles and had enjoyable, he questioned why he was so depressing. However Kaiqi nonetheless gritted his enamel, continued to persevere, and eventually efficiently paid off his debt. Based mostly on this perseverance, Mr. Kaiqi now has greater than 10 properties in hand, price greater than 10 million yuan (about 35 billion dong).

Saving is probably the most primary of funding

Many younger folks suppose that purchasing a home or a automobile in Hong Kong may be very troublesome, as a result of the worth may be very costly. An skilled individual like Kaiqi in fact understands this struggling. However he stated that purchasing a automobile, shopping for a home for younger folks now isn’t an unattainable job. For an individual who begins from zero, doesn’t depend on his dad and mom, whether or not previously or within the current, it’s essential to sacrifice his days of enjoyment to satisfy the purpose of saving cash first.

Lengthy Kaiqi additionally added: “If you wish to get wealthy, you should have a sure sum of money first. Saving cash is the primary and most elementary funding step. To realize monetary freedom, you should discover ways to do it. How one can hold cash in hand first.


At the moment, Kaiqi is retired however he nonetheless hopes to have the ability to depend on himself for cash. So he typically goes to gather folks’s unused objects, repair them up and put them on the web on the market at an inexpensive worth. In his spare time, he participates in charity actions similar to giving rice to the aged…

Many individuals after getting wealthy change their lifestyle, however Kaiqi’s life stays the identical. Day-after-day he solely eats noodles at midday, will come house to eat at evening, hardly ever exit to eat. Furthermore, even when he buys a automobile, he solely buys extraordinary automobiles, and his month-to-month spending on clothes, meals, and journey is not more than 1,000 yuan. Kaiqi stated: “When you’re wealthy, hold your unique life-style, so that you will be wealthy for a very long time.”


Mr. Kaiqi collects a variety of new stuff that different folks throw away, then remakes it and places it on web sites that promote second-hand items at an inexpensive worth. Photograph: HKBT

Should discover ways to plan, persistently pursue targets

Take Lengthy Kaiqi himself for instance, initially the earnings was solely primary, used 7 years to economize, lastly on the age of 23, he purchased his first home. That 12 months, shopping for a home must pay 30% of the capital prematurely, the rate of interest is 11%, if there is no such thing as a financial savings, the place can I get the cash to pay for the primary few months of dwelling?

Subsequently, Mr. Kaiqi believes that younger individuals who know find out how to set targets, whether or not it’s saving for 3, 5 or 7 years, simply must work laborious and save originally, ultimately at some point will come. have the ability to obtain their nice life targets.

Mr. Kaiqi turned an skilled within the area of funding, however truly he by no means took a proper class on investing in any respect, all due to self-education. He believes that each individual has limitless potential, however should be taught to reside with a plan prematurely, should persevere in pursuit of targets.

At first, your state of affairs is probably not very favorable, however don’t complain or run away, however have to consider methods to unravel the issue. Mr. Kaiqi stated that human life can’t be utterly excellent, so the way in which you see and luxuriate in life is an important, do not care about different folks’s eyes.

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