KEY 🔑 TO SUCCESSFUL HANDLING OF WEALTH.

in #wealth8 years ago (edited)

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There three laws of handling wealth successfully, if you can patiently study and practically practice the these laws you will witness a life changing experience. Let go:

The first law is to learn to live upon less than you could earn: Don't live an extravagant life, make savings of atleast 10% of your earnings. Has it grows it helps to have greater insight on how and what to invest on.

Second learn to seek advice from those who were competent through their own experiences to give it: you can't know it all, there are always people who have done perfectly well in their area of endeavour, approach to learn about their success story. From the story and advises given you can build your empire(business).

Lastly learn to make money 💰 work for you:
When I had my first invest from my savings it crashed, I was able to start over again through another years of saving. How do I go about it? After I had saved enough I reinvest and this time I made profit and I was so excited.
Two weeks later I visited the uncle who has positively assisted me during my second investment expecting him to hail me for my achievement but to my surprise he asked a question, “what have you done with your profit?." Well I answered Comfortably that I have a great feast with my friends drink wine and eat spiced cake.
He laughed, You eat the children of your savings. Then how do you expect them to work for you? And how can they have children that will also work for you? He stood and left. It's done on me.
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That's how must of us handle our wealth and all will end up in the trash.

We have learnt to how to live upon less than you could earn from my previous post(if you are yet to read, please do) the next is to seek advice from people who have passed through your stage and lastly make use of all you have learnt perfectly. When you set a go for yourself, complete it but be careful not to start difficult and impracticable tasks.

On a final note you have taught yourself how to acquire money how to keep it and how to use it. Therefore you are competent.
Opportunity is a haughty goddess who waste no time with those who are unprepared.
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Brotherly, this is a wonderful post and it reminds my regular watchword that there's nothing I wanna do in this world that's not been done before. Many have been successful in the field I ventured into and I need to learn a lot from the successful ones as mentioned above. I have many and they are my mentors who guides me regularly! On the part of the profit making brother, I've once made such mistake of lavishing my profits, thinking another would come. I regretted that and already learned from my mistakes! Thanks man for motivating and re-energizing me. Bless up man!

Thanks brother, it's ideal to inculcate this in those who are just going into investthis and to remind those who are already an investor. Thanks

You may be pleased that I stumbled upon one of your Posts...

COIN MAN by @pocketechange ...A penny may cost you a dollar...

Thanks for stumbling on my post. Wish you stumble on more of my post.

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