Note: Money through ungodly means is tantamount to toying with
your destiny. Yes, anyway can make it but what shall it profit you to
enjoy the world and lose your soul? The wise thing to do is, take your
time to learn how to make money without fraud or immorality, for your
own good.#
Money can indeed be a very dynamic concept. There are a lot of lessons
to learn and apply to be able to truly manage money and get it to answer
to you whenever you need it to.
Jumia Travel shares 4 insights that will change the way you think about money.
Regardless of the Size of Your Paycheck, You Probably Already Make Enough Money to Become Rich
This
nugget of wisdom was given by a man called David Bach, an American
self-made millionaire. According to him, the amount of money you make
has little or no bearing on how you can build wealth. It’s not so much
about how much you make, but about how you can keep it. The key is to
start as early as possible with savings and investments, no matter how
little they might be. This will make it possible for you to reap the
full benefits of compound interest.
It Takes Time
The
golden rule of savings and investments is really to think long term and
start as early as possible. According to Warren Buffet, ‘It’s pretty
easy to get well-to-do slowly. But it’s not easy to get rich quick.’ The
money made in investments is by investing, owning and managing these
investments for long periods of time.
Secure Your Financial Future By Getting Paid What You Are Worth
If
you know your worth in an organization, there is no reason to sit back
and waste away in underpaid oblivion. You really have to ask for what
you want, however, there is a right and wrong way to go about asking for
a raise. It is recommended that when asking for a raise, you look at
the range for someone with your level of experience in the industry,
this can help you understand your worth. You can then ask for a raise
based on that information. If you have tried all you can and your
current company still refuses to value your expertise by paying you what
you’re worth, it is best to immediately start looking for one that
will.
The Best Investment You Will Ever Make is in Yourself
Grant
Cordone, another American self-made millionaire, said this as an advice
echoing the one his mother gave him when he was younger. Investing in
yourself will always give you a return that nobody can take away from
you. Get the necessary education and skills you need, and also learn to
give whatever job you find yourself doing your best, even if the job is
only temporary.
