STEPS TO GREAT RICHES YOU DESIRE PART 1

Money is of importance to to our lives.Without money,virtually nothing can be done.We need money for life necessities like food,shelter,roof over our head, e t c,in fact money is the answer to our everyday needs.It is however ironic that in spite of the obvoius importance money commands in our lives,there is no formal institution where we are taught of how money works and how to acquire it.The institutions all over the world always prepare people on how to get a job and mismanage the money accruing from those jobs.I bid you to follow me in this site so that you will be learning everything you need to know about money and how it works.Let's boil it down to the topic of the day=NECESSARY STEPS TO GREAT RICHES YOU DESIRE.


1.PAY YOURSELF FISRT=We all, have cultivated a mind of paying others first than ourselves.We give great attention to our family members,colleages in the office,friends and well wishes.They always like to be close to us because we give out N1000 here,N2000 there and we forget to pay attention to ourselves.pay yourself first and then consider others.You must always reward yourself by taking away 10% of your income monthly first and put it in a saving scheme,possibly in investment instrument such as real estate or stocks/shares thereby employing your money to work for you.CONSIDER GOD'S 10%,THEN YOUR OWN 10% AND THEN OTHERS.



2.CHECK THE STATE OF YOUR FINANCIAL HEALTH=It is essential to do a thorough assessment of your state of financial health by asking your self some certain questions.WHY DO YOU WANT TO BE RICH? WHAT IS THE LEVEL OF YOUR INDEBTEDNESS? HAVE YOU GONE YOUR WAY OUT TO UNDERSTAND THE BROAD MEANING OF WEALTH,WHICH SHOULD INCLUDE SHAPING UP SPIRITUALLY,MENTALITY AND GETTING ON TOP OF RELATIONSHIP,CAREER, HEALTH AND FINANCIAL MATTERS? Don't make a mistake of thinking that you have missed it or that your mistakes are too seroius to be redeemed.You must be determined to face the moment of truth no matter how serious your financial ulcer might turn out to be.It is better you correct yourself from going on the wrong way to taking the right path on time.You will be surprised how fast you can move on the right path.


3.PUT A FINANCIAL PLAN IN PLACE=Once you understand your state of financial health,it is now time to put a financial plan in place.When do you want to retire? Retirement means when the total investment(the money you employed) alone is enough to take care of your expenses even if you don't work again for the rest of your life.Articulate the investment options that can make this possible,e.g real state,shares,businesses,e t c .Alway prepare a personal financial statements and get a good financial planner to come up with a good plan suitable for you.Without this in place, you are on your way to have a financial cancer when you retire.



TO YOUR SUCCESS.