Let's just collect 100 million
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Description
Book Introduction
KBS's "High-End Salt Struggler" money trainer Kim Kyung-pil's new book For today's salaried workers who want to become rich ***Donchunnam's 100 Million Won Seed Money Project*** A new book has been published by Kim Kyung-pil, a money trainer known as the national economic mentor and 'Money Man'. The author emphasizes that 'saving 100 million won' is the most basic and important thing in financial management, and 'dispels' widespread incorrect savings methods, spending habits, concepts, and speech patterns. And we are widely spreading the word about a method to save 100 million won that anyone can follow, even if they have a low income. The author has compiled in this book the know-how on raising 100 million won in seed money that he has shared on various broadcasts and YouTube, and also introduces various methods to turn 100 million won into 1 billion won, as well as future mega trends. If you are a salaried worker who dreams of living solely on capital income, I urge you to pick up this book without hesitation. If you build your savings muscle and overcome the temptation to spend, and eventually get that 100 million won in your hands, the opportunity to achieve financial freedom will come to you at some point. |
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index
Prologue - Money Training for Those Who Want to Save 100 Million Won
CHAPTER 1.
Let's start by saving '100 million won', the first hurdle to capital gains!
A new economic class distinguished by income type
Why you should save at least 100 million won even if your salary is at least 100 million won
5 Things That Happen After Saving 100 Million Won
5 Mindsets That Will Help You Succeed in Raising 100 Million Won
CHAPTER 2.
Things You Need to Change to Raise 100 Million Won
Fix 10 Overspending Mistakes You're Easily Overlooking!
10 Reasons Why You'll Fail to Save 100 Million Won Without Overspending
Four Economic Misconceptions That Need to Be Corrected
10 Habits That Prevent You From Saving Money
The illusion that you can get rich by investing in stocks
CHAPTER 3.
The Key to Raising 100 Million Won: Just Follow These Steps
Saving 100 million won even with low income
Is it possible to save 100 million won even with a monthly income of 2 million won?
Creating a 5-Year Savings Roadmap for Korean Office Workers
Various financial products that can be used to save 100 million won
What kind of people save 100 million won despite their low salaries?
CHAPTER 4.
The Success Process of Self-Made Millionaires
Is becoming rich really a matter of talent or effort?
We must enter the 100% capital income orbit.
6 Core Values Self-Made Wealthy People Value
Why a clumsy stock trader can never beat a saver
CHAPTER 5.
The fastest way to turn 100 million won into 1 billion won
There are more ways to raise 1 billion won.
You need to understand the megatrends that will drive the next 30 years.
The Future of South Korea's Real Estate Market: The Resurgence of Apartments
Factors that determine the value of apartments in South Korea
Epilogue - Don't doubt, just start!
CHAPTER 1.
Let's start by saving '100 million won', the first hurdle to capital gains!
A new economic class distinguished by income type
Why you should save at least 100 million won even if your salary is at least 100 million won
5 Things That Happen After Saving 100 Million Won
5 Mindsets That Will Help You Succeed in Raising 100 Million Won
CHAPTER 2.
Things You Need to Change to Raise 100 Million Won
Fix 10 Overspending Mistakes You're Easily Overlooking!
10 Reasons Why You'll Fail to Save 100 Million Won Without Overspending
Four Economic Misconceptions That Need to Be Corrected
10 Habits That Prevent You From Saving Money
The illusion that you can get rich by investing in stocks
CHAPTER 3.
The Key to Raising 100 Million Won: Just Follow These Steps
Saving 100 million won even with low income
Is it possible to save 100 million won even with a monthly income of 2 million won?
Creating a 5-Year Savings Roadmap for Korean Office Workers
Various financial products that can be used to save 100 million won
What kind of people save 100 million won despite their low salaries?
CHAPTER 4.
The Success Process of Self-Made Millionaires
Is becoming rich really a matter of talent or effort?
We must enter the 100% capital income orbit.
6 Core Values Self-Made Wealthy People Value
Why a clumsy stock trader can never beat a saver
CHAPTER 5.
The fastest way to turn 100 million won into 1 billion won
There are more ways to raise 1 billion won.
You need to understand the megatrends that will drive the next 30 years.
The Future of South Korea's Real Estate Market: The Resurgence of Apartments
Factors that determine the value of apartments in South Korea
Epilogue - Don't doubt, just start!
Detailed image
Into the book
Repeatedly saving to make a lump sum even in difficult circumstances means overcoming the temptation of unnecessary spending and speculative investments.
Therefore, money training is essential to achieve a clear victory in the battle with yourself and achieve 100 million won, the first gateway to capital income.
--- pp.8-9
Even if starting and succeeding at raising 100 million won doesn't directly change your future, it's the best event to boost your low self-esteem, overcome frustration, and build confidence that "I can do it too."
--- p.47
This is because a salary is public money that must be shared not only with the person I am now, but also with the person I will be five years from now, the person I will be ten years from now, and the person I will be 20 to 30 years from now.
If you spend all your salary on yourself now, just to enjoy the present, you must remember that you will soon end up regretting it immensely with your future self who will have no money, youth, health, or abilities left.
--- p.107
Starting with 1,305,000 won per month and increasing by 130,000 won every year will not only prevent loss of savings but also build up your savings stamina, making your dream of saving 100 million won come true, as your savings rate will also increase every year even if your income increases by 5%.
--- p.140
Self-made millionaires commonly accumulated strong capital during this period based on moderation and frugality.
Of course, not everyone who spends sparingly and saves money becomes rich.
However, most people who become wealthy put a lot of effort into saving during their early years in society.
--- p.198
People who have saved 100 million won in seed money can also try real estate investment, which is safer than stock investment and has a lower standard deviation, meaning less risk.
--- p.240
As I've emphasized throughout this book, anyone who has saved 100 million won with their own hands will never fail at investing.
Because while saving 100 million won, you grow tremendously and your attitude towards life changes.
Therefore, money training is essential to achieve a clear victory in the battle with yourself and achieve 100 million won, the first gateway to capital income.
--- pp.8-9
Even if starting and succeeding at raising 100 million won doesn't directly change your future, it's the best event to boost your low self-esteem, overcome frustration, and build confidence that "I can do it too."
--- p.47
This is because a salary is public money that must be shared not only with the person I am now, but also with the person I will be five years from now, the person I will be ten years from now, and the person I will be 20 to 30 years from now.
If you spend all your salary on yourself now, just to enjoy the present, you must remember that you will soon end up regretting it immensely with your future self who will have no money, youth, health, or abilities left.
--- p.107
Starting with 1,305,000 won per month and increasing by 130,000 won every year will not only prevent loss of savings but also build up your savings stamina, making your dream of saving 100 million won come true, as your savings rate will also increase every year even if your income increases by 5%.
--- p.140
Self-made millionaires commonly accumulated strong capital during this period based on moderation and frugality.
Of course, not everyone who spends sparingly and saves money becomes rich.
However, most people who become wealthy put a lot of effort into saving during their early years in society.
--- p.198
People who have saved 100 million won in seed money can also try real estate investment, which is safer than stock investment and has a lower standard deviation, meaning less risk.
--- p.240
As I've emphasized throughout this book, anyone who has saved 100 million won with their own hands will never fail at investing.
Because while saving 100 million won, you grow tremendously and your attitude towards life changes.
--- p.282
Publisher's Review
Even if the salary is low and prices rise,
The secret to raising 100 million won that anyone can succeed at?
The answer lies in 'strong savings in advance and restrained consumption later'!
This book is for salaried workers who are just starting out with financial management and explains how to save and spend to accumulate 100 million won as seed money.
The most important thing for Donjjulnam to save 100 million won is 'saving first, spending later'.
Many people save the remaining money after spending it first, but to accumulate a seed capital of 100 million won through strong savings, you must first save the target amount and then spend the remaining money.
At this time, the savings amount should be increased little by little every year.
This is because my income has increased little by little every year and my savings have grown through consistent savings.
Since everyone has different incomes and situations, Donchulnam introduced a 5-year savings plan and a 7-year savings plan that specifically suggest how much to save each month and how much to increase each year.
We also introduce various financial products, so that readers can design a savings plan that suits them.
However, there are several factors that hinder the success of raising 100 million won within 5 to 7 years.
Representative examples include overconsumption, bad language habits, and economic concepts hidden in everyday life.
Donchunnam points out one by one the things that hinder strong savings and cause wasteful spending that drains money from your wallet.
Because it is just as important to not do what you shouldn't do as it is to do what you should do.
At this time, we presented clear standards for determining how much spending on each item compared to income is considered overspending, so that each person can identify and correct bad habits that hinder saving 100 million won according to their own situation.
Donchunnam emphasizes saving 100 million won, but he never says that 100 million won is the ultimate goal.
100 million is just a stepping stone and seed money to become rich.
So, if you've saved 100 million won, you can increase your assets to 1 billion won or 10 billion won. I also mentioned how to read the mega trends that drive the world's flow, and how to invest in real estate, especially apartments, which have relatively less volatility than stocks.
If you have a goal, you must first put it into practice, and a good opportunity will surely come to those who work hard.
To all of you who are doing your best today for future happiness, I hope this book will be a source of hope for a bright future.
The secret to raising 100 million won that anyone can succeed at?
The answer lies in 'strong savings in advance and restrained consumption later'!
This book is for salaried workers who are just starting out with financial management and explains how to save and spend to accumulate 100 million won as seed money.
The most important thing for Donjjulnam to save 100 million won is 'saving first, spending later'.
Many people save the remaining money after spending it first, but to accumulate a seed capital of 100 million won through strong savings, you must first save the target amount and then spend the remaining money.
At this time, the savings amount should be increased little by little every year.
This is because my income has increased little by little every year and my savings have grown through consistent savings.
Since everyone has different incomes and situations, Donchulnam introduced a 5-year savings plan and a 7-year savings plan that specifically suggest how much to save each month and how much to increase each year.
We also introduce various financial products, so that readers can design a savings plan that suits them.
However, there are several factors that hinder the success of raising 100 million won within 5 to 7 years.
Representative examples include overconsumption, bad language habits, and economic concepts hidden in everyday life.
Donchunnam points out one by one the things that hinder strong savings and cause wasteful spending that drains money from your wallet.
Because it is just as important to not do what you shouldn't do as it is to do what you should do.
At this time, we presented clear standards for determining how much spending on each item compared to income is considered overspending, so that each person can identify and correct bad habits that hinder saving 100 million won according to their own situation.
Donchunnam emphasizes saving 100 million won, but he never says that 100 million won is the ultimate goal.
100 million is just a stepping stone and seed money to become rich.
So, if you've saved 100 million won, you can increase your assets to 1 billion won or 10 billion won. I also mentioned how to read the mega trends that drive the world's flow, and how to invest in real estate, especially apartments, which have relatively less volatility than stocks.
If you have a goal, you must first put it into practice, and a good opportunity will surely come to those who work hard.
To all of you who are doing your best today for future happiness, I hope this book will be a source of hope for a bright future.
GOODS SPECIFICS
- Date of issue: October 16, 2024
- Page count, weight, size: 284 pages | 492g | 152*225*18mm
- ISBN13: 9791192445892
- ISBN10: 1192445899
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