Ever heard of the phrase; "the rich get richer and the poor get poorer"? This is because money is attracted to money. That is, money has the capacity to generate more money. Those that have money will continue to get more, while those who don't have will continue to lack.

But this does not mean that you must have money in abundance before you can generate more. Money no matter how small has the capacity to generate more money for you and the money generated also has the capacity to keep on generating even more money.

Think of money as a seed that can be planted and grown to produce more seeds and the seeds produced from the first seed can also be used to produce more and more seeds. If you don't have a seed to plant, multiplication will not take place.

The rich have learnt to sow their seed in order to generate more seeds and that is why they are getting richer, while the poor cannot generate more seeds beacause they are always eating their seed and that is why they are getting poorer.

If you spend all the money that you make, you would have no money left to reinvest in order to generate more money. Always save a tenth of all your income as this will be a seed that you can replant in order to get more. Remember, money is attracted to money, no matter how small and you cannot attract money if you don't have any money.

I'm very Obidient to the written order.
Thanks, well articlerated.

The reason why many Nigerians are poor is because they don't read books and they also do not understand the working of money.

Forget what u read in the University,focus on investments books and many other ones alike.

They dont know the difference between hardwork and hard laboured work also known as "suffer man work"

They also do not know that most times that the 80/20 rule is mandatory in every walks of life.

The above principle is key to making it any financial related ventures.

Making money is a game.

The money game is not taught in schools.

The Jews teach their children the money game and that's why they are relatively rich .

Our SE brothers to a large extent have been able to decode the money game irrespective of the activities of a tiny minority who engage in illegal acts.

Nature abhors eating all your fruits with the seeds, so why would you eat all you remuneration without saving for the rainy days?

Also, if you fail to show your money where to go, you will always wonder where it went.

Saving money in the bank is a scam, invest it. Even the banks don't keep your money, they loan it out and only keep a fraction of it as the fractional reserve ratio.

OBTOREPA:
I'm very Obidient to the written order.
Thanks, well articlerated.

You are welcome sir

Nice2023:
The reason why many Nigerians are poor is because they don't read books and they also do not understand the working of money.

Forget what u read in the University,focus on investments books and many other ones alike.

They dont know the difference between hardwork and hard laboured work also known as "suffer man work"

They also do not know that most times that the 80/20 rule is mandatory in every walks of life.

The above principle is key to making it any financial related ventures.

I appreciate your input

matify83:
Making money is a game.

The money game is not taught in schools.

The Jews teach their children the money game and that's why they are relatively rich .

Our SE brothers to a large extent have been able to decode the money game irrespective of the activities of a tiny minority who engage in illegal acts.

Nature abhors eating all your fruits with the seeds, so why would you eat all you remuneration without saving for the rainy days?

Also, if you fail to show your money where to go, you will always wonder where it went.

Saving money in the bank is a scam, invest it. Even the banks don't keep your money, they loan it out and only keep a fraction of it as the fractional reserve ratio.

True, real financial education is not thought in schools. I just hope that majority of people that are going to read this thread will learn a thing or two. Thanks for your input.

One of the books that changed my life forever as regards savings and investment is "the richest man in babylon". So simple a book, yet so powerful, if one can adhere strictly with its tenets.

LIVINGICONREBOR:
One of the books that changed my life forever as regards savings and investment is "the richest man in babylon". So simple a book, yet so powerful, if one can adhere strictly with its tenets.

Share the book boss

Napolion hill

Nice2023:
The reason why many Nigerians are poor is because they don't read books and they also do not understand the working of money.

Forget what u read in the University,focus on investments books and many other ones alike.

They dont know the difference between hardwork and hard laboured work also known as "suffer man work"

They also do not know that most times that the 80/20 rule is mandatory in every walks of life.

The above principle is key to making it any financial related ventures.

LIVINGICONREBOR:
One of the books that changed my life forever as regards savings and investment is "the richest man in babylon". So simple a book, yet so powerful, if one can adhere strictly with its tenets.

I have also learnt a lot from this book and I recommend it to the general public.

drealbenard:


I appreciate your input

U are welcome.