Creating Wealth
One of the keys to securing a bright future is consistently saving part of your earnings.
You might not agree with me but employment may be viewed as some form of enslavement.
Depending with the type of job, flexibility is often a mirage.
You have to report to duty at certain times and only leave once the work done.
You have to wait for up to a fortnight for you to be paid your monthly wages or salary.
Most people without the saving culture have found themselves with nothing after retiring, laid off or sacked.
To avoid this future blushes in future it is important to set up a small percentage of our total earnings which we should strictly channel to our savings account.
In a nut shell if you want to have financial security in the future, you can start by paying yourself.
The only way in which you can pay yourself is by saving on a regular basis from your earnings.
Most people who never save have been found to lack wealth.
It is important to take note of the expenses and the people that we pay monthly.
Most employed people pay taxes to the government.
Other than taxes many people automatically pay their bills from their paychecks.
It is important that you scrutinize why the IRS is designed in such a way that they deduct the taxes before you even lay your hands on the money in question.
This is because they understand that they have to regularly and consistently receive that which you owe them.
We therefore have to be selfish if we are to secure financial security.
It is a high time we put ourselves first before the various service providers and the government but securing our financial security.
The only way to achieve this is by saving.
One of the greatest enemies of ourselves is the lies that we tell ourselves.
Most people usually allege that they will start saving as soon as they start earning more.
If you cannot manage something small that has been given to you, do not think you will ever manage something bigger.
A journey of 1000 miles begins with a step and the first step that you make really counts.
Many of us, students being the guilty ones in this case are usually very sporadic in our earnings.
We do not have a budget and do not know how much we spend in a month.
Change begins with us, if we are to secure financial security, we have no options but put aside excuses and put everything in perspective.
If we fail to achieve this, then our dream of having wealth in the near future will continue to be a mirage.
One of the steps to securing our financial security is opening a wealth account.
The main purpose of the wealth account is to accumulate funds which we can use in the future to buy assets.
Many of us have got a wrong picture of what assets are.
Most of us think that having an asset means owning a big car or a home.
Assets can be defined as that what we own that can create passive income or increase our worth.
The wealth account is not an emergency fund whereby you can make withdrawals at will.
You will only be allowed to make withdrawals after you have reached a certain threshold and you need to buy a particular asset.
You might not agree with me but employment may be viewed as some form of enslavement.
Depending with the type of job, flexibility is often a mirage.
You have to report to duty at certain times and only leave once the work done.
You have to wait for up to a fortnight for you to be paid your monthly wages or salary.
Most people without the saving culture have found themselves with nothing after retiring, laid off or sacked.
To avoid this future blushes in future it is important to set up a small percentage of our total earnings which we should strictly channel to our savings account.
In a nut shell if you want to have financial security in the future, you can start by paying yourself.
The only way in which you can pay yourself is by saving on a regular basis from your earnings.
Most people who never save have been found to lack wealth.
It is important to take note of the expenses and the people that we pay monthly.
Most employed people pay taxes to the government.
Other than taxes many people automatically pay their bills from their paychecks.
It is important that you scrutinize why the IRS is designed in such a way that they deduct the taxes before you even lay your hands on the money in question.
This is because they understand that they have to regularly and consistently receive that which you owe them.
We therefore have to be selfish if we are to secure financial security.
It is a high time we put ourselves first before the various service providers and the government but securing our financial security.
The only way to achieve this is by saving.
One of the greatest enemies of ourselves is the lies that we tell ourselves.
Most people usually allege that they will start saving as soon as they start earning more.
If you cannot manage something small that has been given to you, do not think you will ever manage something bigger.
A journey of 1000 miles begins with a step and the first step that you make really counts.
Many of us, students being the guilty ones in this case are usually very sporadic in our earnings.
We do not have a budget and do not know how much we spend in a month.
Change begins with us, if we are to secure financial security, we have no options but put aside excuses and put everything in perspective.
If we fail to achieve this, then our dream of having wealth in the near future will continue to be a mirage.
One of the steps to securing our financial security is opening a wealth account.
The main purpose of the wealth account is to accumulate funds which we can use in the future to buy assets.
Many of us have got a wrong picture of what assets are.
Most of us think that having an asset means owning a big car or a home.
Assets can be defined as that what we own that can create passive income or increase our worth.
The wealth account is not an emergency fund whereby you can make withdrawals at will.
You will only be allowed to make withdrawals after you have reached a certain threshold and you need to buy a particular asset.
