How to grow your money

 

             

      REASONS YOU SHOULD LEARN HOW TO PRESERVE  MONEY FOR IT TO GROW.

 

1.      1. MONEY MUST COME: There’s no way money will not enter your hand from January to December. As long as you live you must be touching money  either your own or for others. Is left for you to utilise it very well.

 

2. MONEY DON’T HAVE RESPECT:  There were people in my community that have millions then but now they can’t t bust of even 500k because they lack the knowledge of investment  some of them think money will always come.

        Maybe they were working as a civil servants, every month money will enter as salary or as a business men making profit on their daily sales without knowing that they must retire one day. Even though you don’t want to retire life must retire you.( You must get weak and tired one day)

    You can give an account of some people that were rich but poor today in your different communities, they didn’t preserve the money that’s because they lack the knowledge of investment.

   There’s  this insight I want you to know about money.

    For instance if you have 1million in your account and you remove #1000 is no longer complete. So let me tell you is better to have cash flow than to be rich.

·       CASH FLOW: What I meant by cash flow, If 200k enters your account today, maybe tomorrow you withdraw 50k for expenses and next tomorrow 100k enters and also after expenses another one will enter from your different investment companies and also from what you do for a living (that is steady cash flow)

 

·       TO BE REACH: Here may be you have 200million in your account then you start building your house, bought car and changed your wardrobe. Just doing expenses without income that money will disappear one day.

 

 

3. THE BEST WAY TO SECURE YOUR MONEY IS TO INVEST IT:

You can agree with me that people who bought lands in 1960’s and years back are the king of real estates today because they have the knowledge of investment and they invested on landed properties.

     I told some people that in 1949 you can buy good cars with #4000 but today the same amount can’t even give you better breakfast.

     Had it been they  used that money to buy land then, they would have been kings by now.

    

 NOTE: There are ways you can invest money wrong way and write way.

 

 

4. THOSE WHO HAVE KNOWLEDGE OF INVESTMENT WILL STAY RICH FOREVER:

 

When you invest the return of your investment (ROI)will keep you in track because of inflation.

    For instance if you have 1million in your account today what it can buy now it may not be able to buy it in next year. But when you invest the ROI will keep you in line and stable.

     When you understand the knowledge of investment you will know where and what type of investment to go for based on your income to keep you safe against inflation.

 

 

5. THE SAFETY OF YOUR MONEY DEPENDS TOTALLY ON YOUR UNDERSTANDING:

 

The word safety I don’t mean your money will got lost no, is all about knowing  the write place to invest, like what 100k can buy today next year 200k can’t buy it.

        Note: As we have been talking about learning how to invest. When we talk about investment we are not referring to Ponzi scheme where your money is at a very high risk no . We are taking about investing in companies that are approved by government and backed by ,CBN,SEC NDIC which have been into existence before our great grand fathers but because of poverty and lack of knowledge they didn’t know about it. Because if you don’t have the knowledge how will you invest.

    

   Let’s continue in my next article which is the 6th reason, why you must have knowledge of investment to grow your money.

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