POVERTY PERSONAL CHOICE? TRUE OR FALSE?

True we all want to be rich! Sadly not everyone really afford this desire. Why?

This post is meant to shade more light on it. With availability of cyberspace, information could be access with a click. Some people are still broke, while others are making millions on end. Is there anything the few fortunate ones do differently?

BEING POOR A PERSONAL CHOICE!

YES! I believe that you are responsible for your economic status. We tend to always rebuff any situation that irritate us naturally. Not when you are broke, though some actually find ways to move out of the tight corner. If you are like me. I tend to be very creative when I’m bloke. Mr. Brain Tracy put it “your action today determine where you will be tomorrow.” In other word what you are willing to do today determine what will happen to you tomorrow! Your action= Your Result!

Newton 3rd Law of motions states “To Every Action there is Equal Reaction”. If you don’t take action there will be no result. Okay, a farmer cannot expect any harvest at the harvest season if he did not plat anything! Would he?

CURE FOR BEING POOR

Jesus the foremost teacher said, “Only sick persons needs physician”. Poor person can get cure if only he knows he need one! How? Nature encourages copying. Look at any person you want to be like make friend with him and learn what makes him tick. He may not live in your neighborhood, you can connect with him virtually. Not to steal his work but copy his model and improve on it.

You can also learn a skill that sells and improve on the quality of service better than others, you know time is money is you can do your work well and quickly many people will patronize you than your competitors.

ALWAYS PAY YOURSELF FIRST

If curing your financial woe is your priority, and paying yourself first will help you to reach that goal quickly. Decide to put aside either weekly or monthly 10% of your income. These money must not be for anything except for investment purpose only. Delay buying anything that did not have specific use, and put this money in your investment saving account. Make sure you let every member of the family know what your intention are, to avoid bad feelings.

TRACK YOUR EXPENSES

As income increases expenses tend to increase to engulf the surplus. Your duty is to guard against that. I remember how my mother always frown at my demanding a new pair of shoe when she receive rents from the tenants. She remind me that there more important thing to use money not to waste it. Make monthly expenses plans that will content every needs and put that aside, discipline yourself not to spend more but less than you budgeted without starving. Always add any surplus fund to your investment saving account.

ALLOW YOUR MONEY TO WORK FOR YOU

Rich people always talk about working 10,000 hours a day. How did they do it? By allowing their money to work for them. When you hire people to work for you. The time they spend working is what you buy from them thus increase your daily hours. Investing your money is where many people make serious mistake.G BROKE IS PERSONAL CHOICE! YES OR NO?

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