FINANCIAL FREEDOM: CURE FOR A LEAN PURSE

After a thorough research and finding, I was able to dig out a perfect and realistic cure for a lean purse. This will sound interesting as a lot of people are affected and disturbed by this scourge “lean purse”. But not to worry as the following procedures if followed with outmost seriousness will definitely work like magic. I have tried it worked. Here they are;

Start your purse to fattening:

For every man that labours and earns an income has an unlimited access to fortune. Each of this earning source is a stream of income from which you divert a portion to your own portion.

Hence, into the purse of each person flows a stream of income large or small according to your ability. So, start by simply paying yourself ten percent of every income that comes into your purse and your purse will start to fatten at once. Though this may sound too simple but do not discard. And note that when you begin to take out only the remaining ninety percent (90%) that comes into your purse, your purse begin to fatten as the constant ten percent (10%) retained continues to grow. This is simple saving plan!

Control your expenditures:

This is done through proper planning and budgeting. Budgeting restrains you from spending beyond the ninety percent you put out of your purse and let you focus strictly on those things you planned to spend on. Any expenditure not budgeted for should wait……………be disciplined!

Make your income (savings) multiply;

Having guarded your ten percent savings well, it shouldn’t stop there. You must allow it to fetch more income for you through investments. The return from your investment is what makes it grow into a fortune. Do not live your savings idle, let it work for you.

“The gold we may retain from our earning is but the start, the earnings it will bring shall build our fortunes”

Guard your investments from loss:

Seek professional advice before you make investment decision. A little amount spent in seeking professional advice regarding investment will be nothing compared to what you will lose investing wrongly. Loss from a single wrong investment decision can erode all you ever saved from the beginning.

Don’t be too overzealous to make money, start small and learn to protect them before venturing into large investment.

Increase your earning ability;

This can be achieved by learning new skills and upgrading yourself in your field of practice. This will increase your efficiency which reduces the time to accomplish tasks, hence more time at your disposal to work and make more money. Also new skills help you diversify and expand means through which you can earn more.

After you must have taken or put this into practice, it is necessary you take care of yourself. It is only a healthy person that can think of making money and still be alive and free to enjoy it. Insure your business, income and yourself.

See you at the top!