Financial intelligence is the key to wealth; unfortunately, it is not taught in school!
That is why most educated people are struggling financially! It takes financial intelligence to make the most of your money. ‘’Being a professor, I am supposed to be a thinking human being possessing a working knowledge of most subjects’’. – George Clason
Financial intelligence comes from personal study and experience. You need to develop your financial intelligence to build wealth and Building wealth is simple if you ask me.It is said that “he who fails to plan plans to fail!”
If you desire wealth, you must have a wealth plan. A good wealth plan helps you save and invest, live reasonably well and eliminate bad debt without exceeding your income! Everyone follows a financial plan but not every financial plan is a wealth plan! Wealth is built with a wealth plan.
Is your financial plan a wealth plan? You need a budget, no matter how much you earn, you cannot have everything you desire! You need a plan to maximize your income.
A budget is a plan of how you intend to spend your income!
You have needs that are essential to life, wants that make life more productive and luxuries that add colour to life. Only a budget helps you prioritize and make the most of your income. Budgeting is a very essential tool in wealth building! Life is in phases, one man’s luxury is another man’s need. When you recognize your phase in life, and live accordingly, the only way to go is up. It is easy to endure when you realize it is only a phase.
Do you desire wealth?
Recognize your phase.
Live your level per time.
Develop a wealth plan.
You must understand your phase and maximize your income to build wealth! – Ekundayo Ogunmosin
The Encourager; that brings out the best in people.
F: Adekunle Ekundayo Ogunmosin