Universally, control of wealth is among the most puzzling venture even as a matured individual. It's quite awful to state that most poor people once had money. Their condition owes to lack of right spending habit, investing in the wrong business, poor resource management skill or they were battered by inevitable disaster. Assuming, you receive the sum of 10 million NGN, do you believe that there is every tendency that you can still get poor one day?
At this point what can one do to perpetually escape poverty?
The harsh truth is that the principles of economic is indispensable to everybody irrespective of your net worth. This is quite simple, "human needs are insatiable". By this statement, there is always multiple needs vying your attention. Of course, you will never exhaust them. For this reason, even the richest man on earth still work hard to ensure proper and maximal management of his wealth.
The world richest man, Elon Musk, might drop below top 20 richest in few years time. On the other hand, a poor street boy can become a multimillionaire in few years time.
What is the brain behind this magic? Simply say, "hardwork and economic discipline" QED
It's worthy of note that at every stage in life, there is rising need for resource management, creating and curating multiple income streams and wise decision making. Many are too focused at creating wealth. That's wonderful🤗 However, building the solid management discipline is indispensable.
Economic discipline is the foundation of wealth. Make it strong and you will enjoy every ounce of your wealth. On the contrary, weak discipline will make your goals 100 miles away from your reach.
Since it's impossible to meet all your needs then attend the pressing ones and forgone the rest. This is the discipline in action.
With all these in mind, no amount of wealth will be beyond your control!
Hope you are inspired?
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