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Money Can't Make You Rich by oldsol(m): 6:19am On Dec 31, 2019 |
MONEY CAN'T MAKE YOU RICH =================== Franklin my friend won 3.6 million Naira in 9jabet sometime last year, From Zero to something, everyone associated with him, Even the bible said it that the Gentiles always follow the light. He is my very good friend but when the money came, we were like enemies because i was always trying to be his financial consultant, He was bored by my too much Talk talk about money. To cut the long story short, yesterday Franklin came for Financial advice, expressing his bitterness of how he didn't know how all the money blew to the air. Wow!!! Your money finished and you are coming to me, what investment did you make? I asked. I bought an Iphone, smart watch, Airpod 4, mac book and the rest i used it to make people happy. He replied. I'll end that story another day. Truly does money make you rich ? Many argument has been raised from this question. what makes you rich is FINANCIAL INTELLIGENCE. what is FINANCIAL INTELLIGENCE? The ability to make money, manage money and Multiply money. If you posses this three traits you are financially intelligent. How do you make money ? ASSETS The term above is all you need to make money, Assets are economic resources that puts money in your pocket whether you like it or not. E.g ✔ Your skills(Values) ✔ Business (Cashflow or Capital gain) ✔ Property (Land, Cars, Houses i.e All this are assets if and only if they put money in your pocket) ✅ Skills I read a book and i learnt that if you want to become valuable and make more money, then you should learn new skills. In 2016, I tested this theory, I enrolled for a training on How to play a KEYBOARD, Lo and behold, During my holiday someone who was desperate about my skills paid x5 of what i paid monthly to learn it. Over time I've kept on testing this theory and its working but for it to work for you, you must understand the terms; VALUE AND PRODUCTIVITY. Value is your inherent ability either inbuilt or acquired while Productivity is the ability for one to substitute your values for cash equivalent. ✔ MANAGING MONEY ✅ Budgeting What's Budgeting ? I don't want to bore you with the long definition in accounting class but just know that budgeting tells your money where to go instead of wondering where it went. How do you budget effectively to make more money ? The answer is to channel more of your financial resources to acquiring assets rather than occupying your budget list with LIABILITIES; Things that take money out from your pocket with no potential of multiplying or sustaining your money. ✔ Multiplying your money ✅ In other to multiply your money, you just need to master the first two keys of financial intelligence. I wish you success on your journey to becoming financially Intelligent. ============= If you're ready to start a genuine online business and you're a team player, kindly see my signature for my WhatsApp details. 1 Like |
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