There is a difference between when a person create their life and when they allow life to happen to them. Life doesn’t happen to people who are successful or able to show for what they have, rather they create their lives. Creating wealth is an intentional process and not one that comes unprepared except for people who inherited wealth or those who won lotteries. Just like a farmer is always prepared for his harvest so is wealth a matter of readiness and preparation.
Wealth can only be earned but it has never been given for free. People can inherit money, and property, they can win cash prices in lottery but wealth is a gradual process of growing a fresh or increasing already existing money. Wealth is earned, you must prove to be worthy of handling and owning wealth before it is owned. Wealth is a result of growing finance which is gotten from finding solutions to problems and giving unending values to people around.
It takes a lot of hard work and a lot of determination to grow wealth but in all, one sure way to grow finance is always looking for ways to improve income generation at all time, without the fear of losing even when it is not guaranteed that it would succeed. Trading time for money won’t make you rich, this is for sure, it would only give you money to survive, and in some cases, the money you make isn’t enough and you have to go into debt to survive. Having a single stream of income is not a good advice that I will give to people, rather I would say that grow your income tap so you can growth your wealth possibilities. Be able to monetize everything you have to generate wealth.
Never spend everything you have with the hope of looking rich, nobody really cares about you or the live you live. You are concerned about yourself alone and when you do not have enough money, spend accordingly and not extravagantly. You should be able to give yourself nice threat once in a while but in all, never go after the finest things in live at the beginning of your wealth race, be ready to keep your money growing.
While on your road to success, be willing to save and be willing to keep a percentage of your income for rainy days and for days when you would get a deal that needs immediate cash funding. There are day when opportunities come, and when those days come, it is good to be prepared.
Thanks a lot for reading, wealth is earned and grown not given to, the ability to grow your wealth starting from now will guarantee a better life for you in the future.
Such an awesome post. I agree with you in all the point you hinted. Determination and hard work is an important tool if you want wealth.
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A lot of people confuse immediate lottery riches for wealth but personally I usually say time shows the difference between wealth and riches, wealth continues to appreciate while people who get some quick money loose the money eventually.
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