WHAT IS THE TRUE MEANING OF WEALTH?
True wealth is an inner condition of being. A list of true wealth assets would likely include family, friends, education, talents, experience, connection to community, self-esteem, the ability to help others, and good health (with some luck and good sense). Money is a form of wealth. But wealth is not necessarily money. Here is the definition of wealth : Wealth is the abundance of valuable resources or valuable material possessions. Money is only a type of wealth among many others, wealth cover much more than material possessions.
WHAT DOES THE BIBLE SAYS?
“Wealth will be defined as ‘a suitable accumulation of resources and possessions of value.’ Under this simple definition, one is wealthy to the extent that one has sufficient food of good quality, clothing appropriate to keeping cool or warm, and shelter for protection from the elements.
HOW TO START MY JOURNEY?
- Steer clear of debt. If you have debt, slash it as fast as you can!!
- Live below your means
- Raise your standard of living slowly
- If you’re married, get on the same page about money
- Budget like your future depends on it
- Start early with a good savings plan
The Diagram explains that you need two components for you to move right – 1. You need the correct interest rate; 2. You need to ensure the interest rate is above the inflation. Wait a minute this doesn’t happen over-night; therefore you need to give time for the formula to work.
WHERE ARE YOU NOW IN TERMS FINANCIAL KNOWLEDGE?
Is truly okay if you have no idea of Financial issues; I started in early 80’s and trust me – I had no clue how to leverage the financial markets – there were so many opportunities but I truly not aware and guess what I started to read and slowly move up the ladders of Unconscious Competent Level.
Where are you now? If you don’t know where you are; you can never move to where you really want to go? Join the Breaking the Millionaire Code on the 12th October 2019 YES I WANT TO ATTEND – REGISTER HERE!!
WALK THE TALK AND TALK THE WALK
Financial Market have vast products and instruments that you can take advantage of:
- Guaranteed Products
- Not Guaranteed Products
- Safe Money Market
- Bonds for consistent annual returns and etc
Therefore, when you say you want to be financially free and do great things for others – start your financial plan; speak to a Financial Adviser of your choice; tell them that you are UNCONSCIOUS & INCOMPETENT and that you need to BE GUIDED or alternatively join us on the 12th October 2019 YES I WANT TO ATTEND – REGISTER HERE!!
You will only enjoy the journey of a thousand miles with a right step forward; many say that money is not important but I won’t dis-agree with them; but I will direct them to what Jesus have taught us about money and wisdom.
“I never enjoyed being poor; for my God is Rich” – Ashok
Article by: Ashok – Strategic Coach & Mentor for MDRT/COT/TOT