VERY POOR MAN LIVED WITH HIS WIFE:

One day his wife who had very long hair asked him to buy him a comb for her hair to grow well & to be well groomed The man felt very sorry and said no.
He explained that he did not have enough money to fix the strap of his watch he had just broken

She did not insist on her request

11 HABITS THAT WILL MAKE YOU RICH:

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👇👇👇👇 1. KNOW YOUR "WHY"

If you work for money, then you're doing it wrong.

- The wealthy work to improve
- The poor work for the paycheck

Work for your purpose:

- Work to grow
- Work to build
- Work to learn

Protect your purpose & your purpose will protect you.

PERSUASION CAN EARN YOU EXTRA INCOME
🧵

The ability to change hearts & minds, is perhaps the single greatest skill that will give you a competitive edge in the knowledge economy — an age where ideas matter more than ever.
Ideas are the currency of the 21st century. The world's economy has transformed from agrarian to industrial and now into the information (knowledge based) revolution.

Successful people in nearly every profession have become those capable of convincing others to take action on their ideas.

HOW DO YOU BUDGET YOUR MONEY? =🧵=

There are lots of ways to set a budget for your personal finances:

1. ZERO - BASED BUDGETING:

Where every single shilling is allocated to something so that at the end of the month you have zero shillings left (Yap - including your savings) 2. 50/40/10 RULE:

50% of your budget is allocated to your NEEDS, 40% to your WANTS, & 10% for your savings, investments and debt repayment. Others prefer the 50/30/20 rule

BY AGE 30, YOU SHOULD KNOW THESE UGLY TRUTHS ABOUT LIFE:

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1. It's okay to make your happiness and peace your main priority. It's not selfish.

Take care of yourself and everyone around you will benefit naturally. 2. If you want change you have to put in the work to make the change. No one is going to save you. At the end of the day it's you against you.

Take the needed actions to achieve what you want.

IF YOU'RE IN YOUR 30s, INVEST IN THIS:

1. Invest in books
Books will help you boost many aspects of your life

Books will help:
• Enhance sleep
• Improve your memory
• Improve general knowledge
• Reduce anxiety & depression

Don't underestimate the power of reading 📚 2. Invest in healthy food

A healthy diet is essential for your mental & physical health.

It protects you from diseases while playing a huge role in your mood and energy levels.

Balance your meals with fruit, veg and whole foods.

WHAT IS AN EMERGENCY FUND & WHY DO I NEED ONE?🧵

You’ve probably heard the term thrown around a few times, and that it’s so important to have one – but why?

Simply put, an EMERGENCY FUND is a stash of money that you can access at any time in the event of, well, an emergency We can’t plan for everything in life, so even the most unexpected instances can lead to financial stress when you don’t have an emergency fund to fall back on. Think of life events like a sudden job layoff, falling ill unexpectedly, a car breakdown, and the list goes on.

THERE ARE THREE BASIC REASONS PEOPLE ARE POOR:

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1. Their government is corrupt, and there is no economy to participate in

2. People are oppressed and taken advantage of

3. People make bad decisions with their money and lives We don’t have much control over Nos. 1 and 2, but we have a lot of control when it comes to No. 3, the decisions we make.

1. CHECK YOUR DIET:

Food is dang expensive. So if you’re eating more than necessary, it’s costing you… a lot.

DO YOU PAY YOURSELF FIRST?
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When do we pay our bills? Most pay immediately after receiving their income.

Do we have left overs? Most of the time "No" or "very little".

The main reason we struggle is we pay everyone first before paying ourselves...

1/6 We pay ourselves last, only if there's anything left.

And that's how we struggle in life. We have bad habits.

This doesn't mean we shouldn't be paying bills. Even if you don't have enough money pay yourself first. Your asset column should be much important to you..

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