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MONEY MATTERS - DAY 5 - FINANCIAL INDEPENDENCE

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horlaryhiworlar
@horlaryhiworlar
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The ultimate in life is to be able to do what God has assigned you to do no matter how great without having to worry about money. That is financial independence and it is within your reach! Let me share with you a few keys that will start you up on the road to financial independence.

  1. Savings Do not spend everything you earn. Put aside, at least, 10 per cent in a Savings Account. What you save today will, to a large extent, determine your financial future. Let me share a story that happened in ancient Egypt. There were seven years of plenty followed by seven years of famine. Joseph, the Prime Minister, led Egypt to save 20 per cent of their harvest during the seven years of plenty. When famine struck, and food became gold, other countries came to buy Egypt’s food at exorbitant prices. “There is desirable treasure, and oil in the dwelling of the wise, but a foolish man squanders it.” Remember; do not spend everything. Save at least 10 per cent.
  2. Investment Make the money you are saving produce more. Put it in a Fixed Deposit Account. Buy shares in a profitable company. Buy land. Do not let your money be idle. These investments give you better returns than keeping your money in an ordinary savings account.
  3. Insurance Put a little sum of money monthly in an insurance policy. It is a form of savings. Over a long term, it generates compound interest. Moreover, it makes some money available for your family in case of eventualities. However, I pray God will preserve you and satisfy you with long life.
  4. Give Finally, take a giant step towards financial harvest by sowing financial seeds. Give to God at least 10 per cent of your income. It is called tithe. Doing this will change your life. Also, give to other people.

“Give and it will be given to you: good measure, pressed down, shaken together, and running over will be put into your bosom. For with the same measure that you use, it will be measured back to you. Dear friend, it is the dawn of a new day in your life.

AUTHOR: PST SAM ADEYEMI

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