How much you earn is not important, we live in an ostentatious environment where people are ranked, elevated and positioned based on how much they earn. How much you earn is not important; what is important is how much is left. The difference between your income and your expense defines your cash flow. Your cash …
Money, Hard-work and Savings are not it! Money, hardwork and savings are not it, the not is what changes the paradigm. Many people listening to me speak about this, usually wonder if this is not a mistake. They think, if only they can work harder make more money and then save more money then they …
To know if you can classify something as asset or not, ask, “does it have positive passive cash flow?” So, if it’s shares, are you being paid dividends? If it’s a house does it give you rent? If it’s a business, do you not need to be involved before you earn the income that is …
I once coached a small class on financial intelligence. My objective was to help them be more conscious of their money and put it to good use, for now and for the future. In starting that exercise I asked them to sum up their current net worth. I asked them to add up their assets …
Paradigm Shift 2 – Many things you think are Assets are not! Read More »
If you have not read this, then you should first. Financial Security thinking makes it difficult for you to take risks. In Financial Freedom thinking, risks are inevitable. You only need to start small and dream big. Financial Security thinking feels that the boss provides safety and security, after all it’s a structured and organized environment. In …
Paradigm Shift 1 – Your Goal is not Financial Security 2 Read More »
Your Goal is Not Financial Security. This is a continuation of the post on Money Paradigms you need to shift. Let me know if this is helpful. The mantra many in our clime and generation grew up to learn was, “go to school, get a good grade and get a good job”. We slugged it …
Paradigm Shift 1 – Your Goal is Not Financial Security Read More »
Paradigms are systems of thinking that we engage in over a period of time that defines how we see the world, sets our definitions and also set our limitations. For example, many people for a long time think that the earth was flat and for as long as they thought the earth was flat, it …
Today, I tried to ask myself what is the connecting point between the two things I want to talk about today. The topic I’m discussing is practical wisdom, and today we are looking at the topic – Friendship and Money, and it’s been quite tough for my mind to wrap around both concepts in one …
A mentor of mine told me that all that he was given to start his journey out was 3 Shillings. With 3 Shillings and God’s blessings, he now enjoys a fortune. Another mentor of mine says all he had when he started out was N10, today he controls billions. God’s blessings are also evident in …
“What do you want from me? Ask!” A human being was asked that question by God! Wow! That’s the unlimited God, asking the limited man! That’s what they call opportunity beckoning. The owner of everything, originator of all things, creator of the heavens and the earth, asks a mortal man to ask, for whatever he …
Here is a second chance. Yes its free!
Financial Checkup
