13 Tough Tenets to Get Rich Slowly was first shared by Mark Chew, Founder of Giants Learning Technologies, during BOLD Conference 2012, in Singapore, on 29th Sept 2012 - BOLD Conference 2012 is a series of Financial Investments jointly organised by BOLD CONGRESS, DBS VICKERS SECURITIES and GIANTS LEARNING TECHNOLOGIES - During these 2-3 years, more than 19,000 Singaporeans became millionaires through investments. However the truth is that they didn’t get rich striking the lottery or through a one-hit-wonder. Many of them made their wealth by getting rich slowly. Many of them followed the following TENETS or philosophies . . . do read on!

1. 13 TOUGH TENETS
TO GET RICH
SLOWLY
PUBLISHED BY GIANTS LEARNING TECHNOLOGIES
From our Wealth Mastery Division
‘LIKE’ us at www.facebook.com/Theageofgiants
ADAPTED FROM J.D ROTH’S http://www.getrichslowly.org/blog/

2. Disclaimer
What we share, you may have heard.
Then why are you still within the herd?
With common sense and massive action,
Step out boldly with determination!

3. Introduction
MYTH. During these 2-3 years, more than
19,000 Singaporeans became millionaires
through investments
TRUTH. They didn’t get rich striking the
lottery. Many of them made their wealth by
getting rich slowly
Many of them followed the following
TENETS or philosophies . . . do read on!

4. Get Rich Slowly Tenet 1
The Concept
of Money
starts from
the Mind. Not
just Math

5. Get Rich Slowly Tenet 1
When we possess the right financial
thermostat, we will be able to accept the
right levels of wealth coming into our lives
Controlling these mental emotions require
much initial effort

6. Get Rich Slowly Tenet 2
Mark out Your
Financial
Journey with
achievable
milestones

7. Get Rich Slowly Tenet 2
Break down your financial journey in bite-
sizes
Use milestones to gauge your progress
This makes it easier and less stressful for
you
Adapt, if you find that certain financial
vehicles don’t suit your risk appetite

8. Get Rich Slowly Tenet 3
To Build Wealth, Spend
Less Than You Earn

9. Get Rich Slowly Tenet 3
While you look for ways to increase your cash
flow, understand the idea of ‘simplification’
That is . . . ‘To Reduce Expenses’
When you simplify a cost, it helps to lower your
expenses
Do you need so many handphones? Do you need Cable
TV? Do you need to watch that concert?

10. Get Rich Slowly Tenet 4
Learn to Value
Small
Amounts of
Money

11. Get Rich Slowly Tenet 4
Learn to value that dollar coin
Just as an avalanche is created with a single drop
of snow and ice descending the high slopes . . .
Your daily habits will matter over a long time
A little thrift will go a long way

12. Get Rich Slowly Tenet 5
Then Learn to
Value Large
Amounts of
Money

13. Get Rich Slowly Tenet 5
Do you know what to do when a large sum of
money falls into your lap?
What do you do with your year-end bonuses?
What if your deceased uncle left you his entire
inheritance?
Start to plan SPECIFICALLY what you intend
to do with these bonuses
So that when they do appear, you can execute
smart choices

14. Get Rich Slowly Tenet 6
Slow is Fast

15. Get Rich Slowly Tenet 6
There are NO Get-Rich Quick schemes
A tree takes a long time to bear fruits because
the roots must fully anchor the tree when it
matures
Nothing should ever replace the ethic of ‘Work
Hard and Work Smart’
You must understand that you are making a
lifestyle change, and not just a quick fix

16. Get Rich Slowly Tenet 7
There are no
Failures, only
Feedback

17. Get Rich Slowly Tenet 7
There are really no such things as ‘don’t-lose-
money’ investments
It is a ‘loss’ when your stocks’ value drops
It is a ‘loss’ when you bought your Gold at over-inflated
prices
But don’t let the fear of ‘losing money’ get you in
the way of learning more meaningful
experiences

18. Get Rich Slowly Tenet 8
Don’t think
either/or,
Think ‘BOTH’

19. Get Rich Slowly Tenet 8
You don’t have to make a painful decision to save
today so that you can spend tomorrow
Saving can be fun when you save for the right
reasons!
Prudent Investing lets you enjoy Tomorrow
Today
On a similar note, if you notice two streams of
income that can help you make money, why not
choose both? You never know which is the right
one for you!

20. Get Rich Slowly Tenet 9
Do What
Works For You

21. Get Rich Slowly Tenet 9
Don’t take the words of Wealth Coaches for the gospel
truth
They are not GOD
These specific strategies that made them rich, worked for
them
It may not work for you!
Similarly, not everything that didn’t work for these
Wealth Coaches mean that it will not work for you!
Explore these options first before deciding on any
particular financial vehicle

22. Get Rich Slowly Tenet 10
Everything
may be
permissible,
but not
Everything is
Beneficial

23. Get Rich Slowly Tenet 10
Set your priorities and expectations right
Give yourself a break and chill out whenever you
need to
Spend on things that matter to your family and
you

24. Get Rich Slowly Tenet 11
Action Beats Inaction

25. Get Rich Slowly Tenet 11
Don’t just keep planning
Choose an option and just get started
Adapt along the way
The small steps that you take now helps you
make great strides in the future

26. Get Rich Slowly Tenet 12
Nobody cares
more about
your Money
than You do

27. Get Rich Slowly Tenet 12
Most people give advice because this is in their
best interest
But it may not be in your best interest
Invest every sum of your money as if it is the last
dollar
This mentality will help you be more discerning
But don’t take too long, because inflation and death will
get you before anything does!

28. Get Rich Slowly Tenet 13
The Pursuit of
HappYness

29. Get Rich Slowly Tenet 13
Do you know the WHY in doing what you are
doing?
Can these dreams be achieved without the need
of having so much money?
True wealth is when you are able to Live Free

30. Summary
Following these 13 Tenets will not be easy
There will be times whereby you need to rethink, relearn
and adapt
Never ever get fixated with the dream of getting
rich
P.S Always remember to tithe towards Charity or to your preferred
Religion Organisation
because if you don’t start to tithe with $1 that you earn, you will
never tithe when you make $1,000,000

31. Testimonials Alert!
Giants Learning Technologies is looking out for
personal stories and testimonials on financial
management
It can be as simple as how you saved $50 daily; to as
something as complex as how you managed to pay off
your loan to your first property!
We hope your financial journey can be a testament to
others!
Do share with us your experiences, in 200 words or less,
through ask@theageofgiants.net

32. Nonetheless, we are not the financial gurus . . .
Instead, we seek these financial strategists
and bring them along your way
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or simply email us at ask@theageofgiants.net to gain exclusive invites to
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