What Do You Know About Money?

Knowledge is power. Ignorance about the subject of money is the most fundamental reason for massive poverty globally. The subject of money is central to man’s comfort and survival in life, yet very very few people take time to really learn about money.

According to Michael LeBoeuf, author of “The Millionaire In You”, there are four critical things you must know about money:

·                         you must learn how to make money

·                         you must learn how to save money

·                         you must learn how to invest money

·                         You must learn how to protect and enjoy your money.

One of the basic rules of financial intelligence according to Robert Kiyosaki, author of “Rich Dad Poor Dad”, is to focus on buying more assets rather than liabilities. Assets are things we legally own which has the capability of generating income. While liabilities are things we own that depletes our financial base.

In order to be knowledgeable in issues bothering on financial freedom, you must broaden your horizon  on business and investment by reading and listening to related resource materials like books, financial newspapers/magazines, audio and video cassettes/discs. You also need to attend money related courses and seminars. This is one of the primary ways you can gather and update all the information you need to succeed in personal financial development.

You also need a mentor. We are all product of references. Whatever you know now, you learnt from someone else. Teachers, coaches, counselors, consultants, or mentors are very essential in helping us not only to learn, but also avoid many unnecessary mistakes. Your education, talents and capital alone are enough to guarantee you success.

Your need to prayerfully and carefully search out someone who is highly successful in your area of passion, and then beg him/her to be your coach. This way you’ll move faster and with fewer mistakes.

Your progress in life is governed by what you know, and those you associate with. Pursue knowledge and push yourself further up in life. Taking time to acquire financial intelligence makes you to easily attract valuable business and investment opportunities you never knew existed before.

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Yours sincerely,

Aminu Sule

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