Tag: wealth
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Spend Below Your Income
Spend below your income simply means whatever comes in by way of income, do not spend everything. Routinely keep some aside for savings and investment. According to a Yoruba proveb – do not eat with ten fingers. Come to think of eat, while eating with your hand, only one hand enters the mouth (maximum of…
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Lessons on the Road to Financial Freedom
The interesting about the journey to financial freedom is that at the start, the major drive is to achieve financial independence and financial freedom, but as you go along, you see that it is not really all about money. It is more about freedom than money, freedom to really be yourself, live life and contribute…
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Where are you heading Financially?
If you don’t know where you are heading and how to get there, what are your chances of getting there? If you operate your finances on a pay-as-you-go basis, taking it one month at a time, eating with ten fingers, how do you plan or hope to accumulate wealth? How will you become wealthy? If…
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The Rich Mindset
Our mindset has a much more profound impact on our lives than we give credit for. It determines what we do and ultimately what results we get. As a man thinks in his heart, so is he. In an increasingly materialistic world, the focus is shifting more toward results than principles and processes. We seem…
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How Long Can You Last Without Your Job?
Everything that has a beginning has an end, including your current job. We fancy that we will get to retire with a lump sum payment (or golden handshake) of gratuity and pension for life. For some, this may come true but for many, it is a mirage. Your company can be bought over by a…
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The Wealth Paradigm
The average person is looking for money, what to get: “What is in it for me?” “What are you going to pay me?” The focus is on taking rather than giving. We get so wrapped up in our small world that we forget to ask ourselves what is in it for the other person. What…
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What is Your Wealth Conversion Ratio?
What percentage of your monthly expenditure comes back to you as positive cash flow? What percentage of your income, once you spend it ever comes back? For most employees, it is zero. This means if they earn N50K per month, they spend N50K per month and nothing ever returns. Their salary is on a one-way…
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Poverty is a state of the mind, not state of your finances
Poverty is a state of the mind, not a state of your finances. This will come as a shock to a lot of folks. This places the blame on our present financial state right at our doorstep, not somewhere else. Accepting blame is not a comfortable place to be. We would rather ship the responsibility…
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Law of Accumulation
By Brian Tracy Little Things Mean a Lot One of the greatest success principles of all is called the Law of Accumulation. This law says that everything great and worthwhile in human life is an accumulation of hundreds and sometimes thousands of tiny efforts and sacrifices that nobody ever sees or appreciates. It says that…
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Develop Your Talents 2
Develop Your Talents: Wealth Zone If you excel in what you love doing, whatever it is you are doing. No matter where you live on the planet, people will create a beaten path to your door. You will not need to look for publicity. Publicity will look for you. Money will look for you. You…