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Welcome to our investing course

Welcome to our mentoring course. We Are excited to have you here. Hey, my name is Charles Vincent Kaluwasha who will be taking you in this course. My back ground  is  a nurse by profession, started working in the mine sector 1989 in Zambia. Migrated to New Zealand in 2003. In 2005 we bought our first property in Stokes Valley, Lower Hutt Wellington. In 2008, sold the house and built a four bedroomed house in…

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Managing Expenses: Discover the only 3 expenses that actually make you wealthier


When most people think about managing expenses, some sort of fear sets in.

They wonder, “did I spend too much?” or “where does all my money go?”

Or they think, “I shouldn’t have bought that…”

The bottom line? “Expenses,” to most people, is a dirty word.

However, there are actually 3 expenses that make you more money…

And, they’re just one small part of a “30-Minute Cash Flow Breakthrough” designed to help you increase your bottom line without working harder (more to come in a minute…)

#1: Rainmaking (Productive) Expenses

Hiring the right employee, getting the right equipment, creating the right marketing campaign, or joining the right mastermind group are all considered “rainmaking expenses,” and can pay for themselves many times over.

If spending $1 on a productive expense makes you $2, then the idea would be to keep spending until performance goes down.

Other rainmaking expenses keep you functioning at peak performance. For example, quality food, your gym membership, and other hobbies and passions.

And lastly, education – as long it’s applied, taking massive and unavoidable action rather than put on the shelf – can be one of the greatest productive expenses as well. This includes reading books, listening to podcasts.

#2: Protective Expenses

Protective expenses help you safeguard your family, your productivity and your way of life.

Six months’ worth of savings, appropriate insurance to cover all areas of your life, and a solid plan for emergencies all fit into this category.

You may not know this, but a hidden benefit of spending money on protective expenses is that they help you to be more productive. There’s far more room for creativity and productivity when your mind is free from the worry and stress that comes from uncertainty.

Over time, this added production will increase your cash flow and your wealth exponentially.

#3: Lifestyle Expenses

Special experiences with your family, vacations, dining out, or the latest iPhone or gadget – all lifestyle expenses – have the power to rejuvenate your spirit and help you to enjoy life along the way.

They’re part of the reason you work so hard in the first place, and they actually allow you to be more creative and productive by recharging your batteries. This, in turn, helps you increase your wealth and cash flow over time.

The only caveat to spending your money on lifestyle expenses is that they must be managed well. That means that it’s best to pay in cash, rather than to use credit.

The other expenses  make you poor and miserable. This is what is termed as “PAY DAY- TO PAY DAY TREADMILL” You keep on running but you don’t go anywhere.

In the same way you allocate money for  monthly expenses and there is NEVER enough for savings and future FUNDS.

1.This leads to poverty vicious circle:

Low Income level

Low Savings/No Savings

Low Capital Formation/No Capital formation

Low Returns/No Returns

Low Standards of Living

Early Death

Limited opportunities for next of kin

(We should live inheritance for up to the fourth generation)

2.Exposed to financial instability

§“Low” earnings or “living” beyond means

§Poor management of personal finances

•Lack set goals

•Skewed lifestyle habits

•Uncontrolled purchasing habits

Low savings

Low asset/capital accumulation

Cash flow crisis

3.Financial Literacy produce Financial Stability

Have a plan for obtaining financial resources

Plan & manage personal finances

•Plan their spending through budgeting

•Save for long term financial security

•Have controlled buying habits

Invest earned resources

Insure acquired assets (risk management)

They are in full Control of their financial future

Embrace Financial advice and research a lot.

Analyse Your Current Status

Below you will find an exercise  to analyse your spending and come up with a concrete solution to avoid  leaking points in your budget.

Appreciate your financial position(net worth).

Through the expense tracker identify the spending leaks and rectify them.

Use your budget to guide and control your expenditure.

Set up financial goals and identify a plan of achieving them.

After this exercise, you are now well educated to plan and set your financial road map.


Establish your monthly expenses – The fund should be equal to 3 months expenses for a start & 6 months in the long run for financial freedom

Create an account for it. Apply 40/60 rule

Clearly define an emergency

Deposit all windfall income into this account

Refund all monies withdrawn from this account

When fully funded, channel the allocation to another goal

Debt Management Fund

Identify and list all your debts

Prioritize how they will be repaid starting with those with high interest and are short term

Consider the risk and consequence of default

If possible consolidate the debts and renegotiate with the lenders to ease repayment

Build your credit score and borrowing ability

Build your social capital

Always establish the cost of money and lending conditions


You plan for your education and your spouse as well as your children and answer the following statements:

Is education important?

Duration in school ( Term)

Education environment (Formal, informal, international)

Education choice (Private, public, County, National)

University level (Public, private, abroad)

Cost of education ( Current costs, future costs; Future cost = Present cost * inflation factor)

§Funding options for the education- centrelink or self-funding


The earlier you start the better chance you enjoy your retirement, no regrets. Refer to previous lesson on “Life Time Study”

Establish your re-current monthly expenditure

Estimate retirement spending needs

Consider amount of time left to retirement date

Determine planned retirement income & most appropriate vehicles to generate it e.g. employer-sponsored pension plan, real estate, annuities and other investment opportunities.

Establish & implement a retirement plan


I read a story of how a widower left her estate at the mercy of someone else instead of her children. It was too late to fix it. Her estate was managed by court appointed trustee and I quot:

“Several areas of estate planning become more important than ever before for the surviving spouse. Whether you have been through probate or not, whether you have a will or other estate planning documents in place or not, YOU MUST REVIEW, UPDATE, AND/OR CHANGE what you have in place now.

It is more important than ever for you to have an estate plan. If you become disabled and have not planned properly, a court-appointed trustee will handle your affairs. If minor children are involved, the court becomes their parent.

James and Annie were both in their early 80’s. They had farmed all their lives and had several hundred acres and sizable deposits in several banks. Their estate was well over $1,000,000 and estate taxes would be substantial. No estate plan was in place and they were very close to their only son, James, Jr. Annie took care of the home and finances. James took care of the cows and the farm. They had visited with their financial planner and attorney three times over a six month period. The attorney gave them a list of information needed to prepare the documents (legal descriptions, charities, dates of birth, etc.)

The following week Annie suffered a massive heart attack and did not survive. Her daughter-in-law found a shopping bag at the foot of her bed containing the information needed for their estate plan. But it was too late.

No one likes to think about planning his or her estate. Estate planning is the easiest thing in the world to procrastinate doing. However, you must do it for both you and your loved ones. You need to be the one making the decisions that can best take care of yourself and your family. The following paragraphs may help guide you but ultimately you are the one responsible for making those decisions.

Keep in mind that a good estate plan considers your goals, your needs, and your objectives by giving what you have accumulated to whomever you want, designating when you would like for them to receive it. This needs to be accomplished with the least amount of court fees, attorney fees and estate taxes.
We have looked at wills and probate which generate court costs, executor and attorney fees. If you must go through the probate process, have the attorney outline the fees and estimated total cost up front. The attorney who wrote the will does not have to be the attorney who probates the will. Obtain at least two, preferably three estimates”. David E. Taylor

Do you have named guardian for your children?

Do you have named beneficiary for all your investments?

Do you have a plan to distribute your assets?

Do you have a will?

Are all your documents properly secured?

DG Institute offers this service at a competitive rate to its DGI community members. If you need to set up one, leave a comment and I will give you more details on how to get started!

[i] © 2017-2028: CJ Investiment Property| Build The Life Of Your Dreams| ABN 97424126137|Hosted by KALUWASHA HOSTING Services in association with LiquidNet Ltd.!

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Personal Finance and Wealth Creation

“… houses will be a better investment than stocks over the long term. …I would buy millions of single family homes if I had the means to manage them.”
-Warren Buffett

Before we dive into wealth creation, lets  review what we know about personal finances. Those of us who are baby boomers, we did not understand what money was and  thought it grew from the trees. We depended on our parents to make money, our duty was to ask for money and buy whatever we wanted. We had no idea how to multiply it and have abundance. Even  at school the teachers did not teach us about money. I guess even today, this topic is never taught in schools.

Schools teach people to be poor!

Think back to being in school. We all learned subjects like Biology, Geometry, English, History… Who the 23rd President or Prime minister was (by the way, it was Benjamin Harrison). Some of us may even have majored in Economics.

But did anyone teach us about how we could actually make money in our own lives? 

It’s no secret that I think it’s a huge problem that schools don’t teach financial literacy. Kids graduate from high school and even top universities without understanding the first thing about money and personal wealth.

But as bad as that is, it’s actually much worse.

I know this is a bold statement, but I believe schools are teaching people how to be poor.

Here’s the message schools are pumping into our kids’ heads:

1. Get an Education

2. Get a Good Job

3. Get Promoted and 

4. Earn a Higher Salary


– They tell us to save part of our pay (the part that the ATO doesn’t raid first). 

– They tell us to put that money into savings accounts (with interest rates that don’t even keep up with inflation so we LOSE money). 

– They tell us to invest into 401Ks or whatever arrangements are in your country (which are managed by someone else who takes 80% of the profits).

According to Robert Kiyosaki, he states that we have the problem:

“getting truly rich under this paradigm is mathematically impossible.”

He adds, “In fact, the system is designed to keep most people poor. Or at least working hard their entire lives just to keep their heads above water.”

We’ve been so indoctrinated in this ideology, most people think this is “just the way it is” and there is no alternative.

We think a person has to be born rich to get richer. 

We’ve been taught the lie, “It takes money to make money.”

Here’s the truth… 

What IS necessary, is to forget the wrong messaging we learned in school. We need to stop looking to a job to make us wealthy.

We can do it ourselves. We can make GREATER income from the work we put in as entrepreneurs and investors.

Now, most people don’t know this yet. Or they don’t “get” it. How could they? They went to the same schools we did!

So the key for us is to forget what we’ve been taught about making money in the past. We need to learn how to educate ourselves, create our own jobs, and make our own money moving forward.

God has placed you on this planet to make most of yourself, for yourself for others and you can help others more by making the most of yourself in anyway.

“You can make the most of yourself only by getting rich; so it is right and praiseworthy that you should give first and best thought to the work of acquiring wealth.”-Wallace D. Wattles

I guess that is why you are here to get educated and help others do the same and improve their financial literacy.  Our focus on this training is to providing you with tips and strategies that can take you from where you are, to where you want to go on the road to financial freedom.

Now you are going to learn the intricacies of financial education/planning and how you have to apply it to your situation.

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7 Key Mindset shifts


As you embark on this journey, know that you are now a leader. You are like a traffic offer controlling all the traffic, that is you will be responsible for all the activities happening in your business.
You have to inspire others
Expect some road pumps along the way.

This brings you to the 7 mind shifts that you should start adopting from today:
The good news is that mindset is a learnable skill. And in Chapter 10, I’ll show you how to develop the mindset of playing bigger – skills that I learned and teach daily.
Don’t expect regular cashflow
Become a leader
Challenge the status quo
Take the responsibility
Cultivate a healthy attitude towards risk
Be nibble
Leave your personal emotions at the door

In addition, you must start to develop some important qualities to hand in hand with the above mindset shifts.
Be energetic
Grace yourself under pressure
Be keen to learn organisation skills
Adopt assertiveness
Develop THICK skin
Have the ability to handle numbers
Cultivate attention to details
Have the ability to handle failure, rejection

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  • Welcome to our mentoring course! Available Now
  • Welcome to Home Investing Portal available on July 11, 2020.
  • What is Your Big Why? available on July 12, 2020.
  • Mindset Shifter to prove that you are not an "underdog" anymore available on July 14, 2020.
  • 7 Key Mindset Shifts To Help You To Become A True Leader available on July 17, 2020.
  • What is your greatest enemy? available on July 20, 2020.
  • Procrastination is a killer for success available on July 22, 2020.

What is your greatest Enemy?

As we start a new year, new project, I’d like to encourage you to take advantage of the opportunity to start fresh and get the right mindset.

 One thing is constant for all of us: time.

It’s limited and moves on quickly. The passage of time can either be your friend, or your enemy.

A more direct way of looking at it (if you are a successful investor, at least) is the passing of time can be a very good thing. With each passing day, week, or month, you could be seeing your cash flow increase as well as the growth of your long-term wealth.

However, if you are not an active investor, the passing of time is your enemy. Time lost won’t return and instead of acquiring assets and building your cash flow, you may feel as though you are getting further behind.

I don’t say either of these things to judge you or even permanently label you. In fact, I’ve been on both sides of this. Kiyosaki, the author of “Rich Dad Poor Dad” tells us that his  rich dad taught him to invest his money in assets that made him money, and while he understood the concepts he was teaching, Kiyosaki still battled with fear and uncertainty before getting started.

If you asked successful investors what their biggest regret is, you’ll almost always hear them say, “I wish I started sooner.”

Let my words today serve as motivation. A new year is a time of great opportunity. A time to start fresh. A time to plot a new course. And, if you are frozen by fear and uncertainty because you think you don’t know enough or even have enough money to get started, I’d like to give you some ideas that will help you get started and grow in confidence.

One way you can take action today toward becoming a successful investor is to make plans to buy  “The Rich Dad Poor Dad” book to learn how you can leverage your time and well and start building your wealth  while looking ahead and make predictions on what we expect to happen, as well as to discuss opportunities and reasons for optimism.

Home work

1.What has been your main reason for not getting started and how can you overcome this today and the rest of the year?

2.Search for the book, Rich Dad Poor Dad by Robert Kiyosaki on Amazon, read about it and summarise the first chapter and send the summary for discussion.

[i] © 2017-2028: CJ Investiment Property| Build The Life Of Your Dreams| ABN 97424126137|Hosted by KALUWASHA HOSTING Services in association with LiquidNet Ltd.!

You are on day 0 of your membership.


Standing outside our previous home in New Zealand, my lovely wife and business partner Joyce

Welcome to our mentoring course.

Hey, my name is Charles Vincent Kaluwasha who will be taking you in this course.

My back ground  is  a nurse by profession, started working in the mine sector 1989 in Zambia. Migrated to New Zealand in 2003. In 2005 we bought our first property in Stokes Valley, Lower Hutt Wellington. In 2008, sold the house and built a four bedroomed house in premium area in Aotea block, Wellington.

 We lived there until 2014, and migrated to Perth, Australia.

The property was put on rent until we sold it in 2018. The profit was invested into 2 units in Melbourne. This sparked us to enrol into a real estate rescue course provided by D G Institute. The course has opened our interest in investing in multifamily building to build a positive cashflow and prepare ourselves for retirement.

Since then we have the passion to share our knowledge with many other people through teaching and mentorship. Hence the birth of C J Investing Mentoring Course.

Our mission is to help you achieve financial freedom by passively investing in multifamily/apartment buildings and to create a sense of community at our property investments to improve the quality of life of our residents and their whanau.”

It is proven that investing in yourself and in your business is usually going to be your highest-leverage and most profitable move. That’s where you have control. That’s where you define your own success.

Our system exposes you to step-by-step instructions to equip you with knowledge and skill to lay a strong foundation in wealth-building strategies.

There’s an old adage, ‘fail to plan, plan to fail.’ It rings very true in the world of investing. Great investment ideas fall to the wayside if you don’t have a plan of attack. You need to set the right goals for the right time frame and the right outcomes. A plan should be more than just ‘make money’. It should be more than a thought in your head.

This applies to invest and saving, all aspects of finance. Maybe you’re trying to save for a house deposit. Maybe you want to save to invest in stocks. Maybe you want to do both. Or maybe you want to build a long-term trust for your kids. Maybe you want to build assets for retirement. Maybe you want to do it all.

You can and should have multiple goals and multiple strategies. Each strategy should be specific to the outcome of the goals you set. This impacts where you invest, why you invest, and how long you invest. You should have an overarching plan for wealth creation. You should know what strategies to employ to reach your goal.

You should also have a number of sub-strategies and plans to tick off along the way. That’s why we are providing an inexpensive step-by-step module on how you can start building wealth in real estate investing Faster and start creating generational wealth and leave a legacy for your children.

© 2019: CJ Investiment Property| Build The Life Of Your Dreams| ABN 97424126137| Mentoring program

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