Riches and wealth are not only about having money. Sound health and happiness are integral part of true riches.The reason a man could afford a private jet and another man living in the same environmental setting with him don't have enough fund to own a car is due to the information the one that has a private jet has which the other man is completely ignorant of. In other words, lack of accurate information or improper application of knowledge is the reason for failures, limitations and poor performance.
What leverage a man's effort is proper application of accurate information at his disposal. I will show you those giant steps you can take to position yourself properly to enable riches and wealth to start locating you. I will take you to the bible and show you one basic principle that will provide the foundation upon which every other principle will stand. I will take you to the book of Proverbs chapter 23 verse7; Do not eat the bread of a miser nor desire his delicacies; for as he thinks in his heart so is he, but his heart is not with you.
The passage is telling us that a man's thought is the true reflection of his personality. Now that you know, the first thing to do is to embrace the mindset of the rich and start thinking like the rich. How do they think please? They don't negate, belittle, overlook or dismiss the desire to experience financial increase, they are happy and focused on the goal they have even before the wealth starts manifesting, they have big dreams and great faith in the ability of their mind to create their big dreams,they seize opportunities as it comes to them and take the risk attached to those opportunities, and they are convinced that they could get rich.
From the facts that were unfolded so far, you can see why the man with wrong thoughts and mindset can't go far on this journey to riches.The reason is that such folks will be tempted to resent or despise the rich.What is the implication of such attitude? The answer is that anything you despise you will neither increase nor progress in it. If you are asked why you can't steal, your reply will most probably be that you despise it because it is evil and you are unmistakably correct because the opinion you hold of it have killed your enthusiasm for it. In general you unconsciously set up a repulsive force in motion, the moment you hate something. That force will automatically prevent what you hate from appearing among the list of your achievements by placing a zero priority tag on it. Of course it is normal if you argue about this but remember that many, due to ignorance, are not aware that the force of gravity exists, yet it does its job silently on them every passing second of their life. All events in your life are mirror image of your thoughts. External factors can't determine your life either, and it is an illusion to assume so. If you still have any doubt in your mind that condition applies to what I said, that is the main reason you are still dragging your foot to cross the river of poverty and limitations.
Now that you have aligned your thoughts properly, the next step is to cultivate the habit of saving both in big and small measure. It is a very good start to initiate a saving or investment culture. Always bear in mind that mighty armies are built by the recruitment of individual soldiers, one soldier at a time. Ensure that your spending is less than your income and always save 10% of it . Always pay yourself first before anyone else. It is financial ignorance to hand over all your income to creditors. Make sure you take something out of every dollar you earn. It is an advanced method of buying your own freedom. This means that you can send your money on an errand to stock market to buy company's share while you are sleeping or resting. Do not use borrowed fund to buy goods and services because it will end up compounding your debt burden and bear in mind that any money that you refused to invest as it comes to you, will leave you with nothing. The only one that leaves something for you before it goes is the one you invested.
Do not terminate your investment prematurely because those years you don't want to wait for will eventually come and pass you bye and you will remain in the same place. It is financial wisdom to pay cash and use credit card less. Learn to buy equity and be part owner of a company rather than addicted consumer of their products. Rich people plan how money should be attracted to them and not drain from their hands. You are made rich by what you save, invest, and compound through interest and not by your income.
Learn to admire, appreciate, emulate, and associate with successful people especially those in your chosen field.
Set financial goals and targets for yourself and access your progress: How much do you earn now? What is your projections in the coming year? A goal that is not declared is a destination that is never reached.
Practice handling your financial matters yourself but be friendly with experts and make them your mentor. Float your own company to increase your distribution capacity and production level. You will equally enjoy protection against taxes and liabilities.
Be financially literate by attending business seminars and buying financial books.
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