EASY WAYS TO MAKE MONEY
Money is a necessity for all, that is valued by all
and as the bible rightly states, money answers all things.
In
journey to prosperity, in this sense, FINANCIAL PROSPERITY, the following
character are needed, namely:
1.
Financial
intelligence
2.
Financial
planning
3.
Financial
discipline
Now
let’s talk about each of the above one after another, this is where I really
need your attention, because the reason why someone who just won a lottery
worth $450million US Dollars is poor again within the next 2 years or so, is as
a result of lack of the above qualities, which we would discuss extensively
within the next few seconds.
1.
Financial intelligence
This in question, is actually the sum total of the
knowledge and information you will need that helps you understand how money
works. Financial intelligence helps you to understand that, “Every money that
enters your hand is divided into three, namely:
a.
For
God
b.
For
your consumption
c.
For
your future
2.
Financial planning
This has to do with the execution of your ideas,
knowledge. You don’t just get up and start doing business or get up and get a
job, what do you want in life? Ask yourself this salient question
How much do I think I would need for consistent cash flow per
month?
In this aspect, look out your assets and
liabilities, if your liabilities are more than your assets, then you are poor.
Make sure your assets are more than your
liabilities, if you want to be wealthy.
Look out the money you spend on expenses per month
and compare it with the money you invest per month.
Learn to budget, for when you budget, you would know
how to save, you would know how to build your life.
If you don’t have land, you are broke, no matter how
much money you have.
3.
Financial discipline
There is, what is called, the 70/30 Principle,
remember when we talked about dividing every money that comes into your hand
into three, we didn’t really say in what proportion or rather percentage. I
will tell you now in what percentage it should be. First of all, let me explain
the 70/30 Principle
The 70/30
Principle means that, out of the 100% of your money that comes
i.
10%
for God
ii.
20%
for savings towards investment
iii.
70%
for you
That’s fair, right? But most times it
seems like the 70% is not enough, in fact, not even that it seems, it is not
enough.
Well, that’s where the Financial Discipline comes
in, so we could say, Financial
Discipline is the ability to stay on course, the ability to abide by
your FINANCIAL PRINCIPLES.