Your Income: A Seed or A fruit?

Do you work to earn money? Do you receive a lot of gift in form of cash, bank transfers or Cryptocurrencies in your wallet? Do you have a savings plan? What do you think the money you get is actually for?

Earning money has become a norm, even much more of a necessity. Everyone even kids under the age of 18 all have started thinking about how to make money. I'm not saying it is bad. You should stay engaged to this page to know where I am driving at.

Money was created as to facilitate transactions, to facilitate record keeping and to facilitate measurement of wealth. That was the reason why money was created, that was the need it met on after creation. Today all we dream about is to make money easy in order to buy all the beautiful things of life, be it houses, cars, clothes, footwears, companies and other unending desires of men.

For everyone leaving in the 21st century, we should ask ourselves the reasons/need behind our making money before embarking on that journey. Yes, it is a journey. A journey unending, that has never been witnessed to the end in all of existence. Who is it that has or knows someone who has been to the mighty end of the journey on making money? Even the richest man in the world still needs money.

Back to business: the money you earn, whether as salary or allowance or you receive this as a gift or grant, how do you see your earnings? Is it as a Fruit or as a Seed.

A Fruit in what sense? You might ask. A person could see his earning as a fruit if his major aim of making money is to spend on expenses after receipt.

While another person could see his earnings as a seed if he aims to invest his revenue into another source of income. I hope you get my point.?

We all should aim at setting aside at most 65% to 70% of our earnings into creating an alternative sources of income, thereby procuring a second revenue stream which will strengthen ones financial capacity.

Take for instance, who would you preclude with greater assurance to be in a wonderful situation or condition in five years from now?

a. The man who earns and depends sole on his monthly salary.

OR

b. The man who receives a salary and also earns revenue from two other businesses which he started two years ago by setting aside little part of his earned salary.

You is sure to pick B. Why, because he has created for himself other streams of revenue. Even if his employer refuses to pay him salary, he would be doing great unlike the man in A.

We are all implored to work on ourselves, our saving habit, spending habit and also investment habit. May the universe comply with our wishes by God's grace.

Godspeed.