Emmanuel F. Kumah: Three lessons from Money

Thank you for following my chit-chat on money, I am grateful for taking time off your busy schedule to visit me again.How has the chit chat on money being, insightful? I just hope you are taking some few notes on the important points and applying it to your everyday issue of money.

Today, we would talk about some three lessons we can draw from money and apply it wisely,for  it is not how much you know but how well you apply what you have learnt to make  your life better.Are you ready?

Lesson one: Money is Important

One of the most prevalent misconceptions concerning money, relates to its

importance. For example, how many times have you heard people say in

conversation, "Money isn't everything." or "Money isn't important." or "I don't care

about money." Well, the people who say these things might not care about money,

but inwardly they really need money to satisfy some important needs in their life.

Just look closely at what you are wearing, if money is not important I guess you would have not be wearing any clothe today, or perhaps you would not be reading this article at all as whatever you are using to access this information needed money to do so.

Lesson two: Money does not buy happiness

This is one of the most arguable issues when it comes to money,I do not think I am the best person to talk about this, however, what I am about to share is mainly from my own opinion.

Well, does money buy happiness? Indeed money does not buy happiness but that thought of it can make you happy. Let me illustrate this, when you buy a new Mercedes Benz, do they put an equipment inside that makes you happy when you drive it? Certainly not, the latest cellular phone in town does not have a function called happiness installed in it. So what then makes people happy when they hear of or find money. Money in itself is a piece of paper with inscriptions on it, and there is no inscription on it called happiness.The reason you feel happy is that the happiness is generated in the mind not in what you possess, in other words it is our thinking pattern that makes us happy not the possessions.

The next illustration;Why is it that people who are promised pay increase or something important gets excited even when they have not received it immediately? Because the happiness or excitement generates from the mind not what they have.You can live a very happy life even if you do not have money because that amount of money or possession would not make you happy, it is what is inside of you that makes you happy.Well, if you disagree with me you can drop me your comment and let’s get talking.

Lesson three: Money is a Slave

Most people make money their master instead of making money their servant.If you consider money as a master it rules over you and dominate everything you do. However, if money becomes your servant you exercise authority over it.Most people have a miserable life because they see money as a master. Now here is my crazy thinking, it you see money as a servant it goes to work for and makes profit for you, in other words when money becomes a ruler of your life ,you go to work for it , this should not be.If money is a servant to you , it obeys your voice and your instructions, you then command it to go  to work for you and it would willing do.When it does, it also give birth to more money which intends becomes servants for you to generate the more.This is one of the most important principles of wealth creations. So the next time you receive an amount of money, make it your slave.

 What Next?
I would love to hear from you drop me a comment on what you think about this post, i would be glad to hear your views. Thank You

Emmanuelkumah:The Rules of the Money Game

Have you ever woken up one day only to realise their is no money on you? Did you ever wondered what that money was used for? Well ,you are not alone , soo many people get alot of money from their job only to wake up to find out that the bag of money has dissappeared within a day.

Well my friend, money has wings and so when you misteats  it,it  would quiclky fly away from you.Money is a defense and would bring you much joy if you know its rules, it is often said that money is a game and those who knows the rule always wins.

Do you want to know the rules of the  money game? Then you are not alone in this money crazy world. Today ,i would be sharing with you the some of  rules of the Money game,and know that it is the rules that makes the game, you only wins when you go according to the game, as you apply them you would feel confident and much prepared to face the future.Are you ready to know the Rules?

The Rules of the Money Game

Rule One (1): PAY Yourself FIRST: IT is not how much money you make that matters, it is how much you keep. Most people pay all their debts when they recieve their paycheck, they pay their light and utility bills and children fees and even spend more than they earn , without paying the most important client :You, resolve today that you are going to save an invest at least 10 percent of your income throughout your working life,the remaining 90 percent may be all yours to spend,but remember to keep one tenth of every money you earn, know that the money you earn is not a fruit  but it is a seed,saving 10 percent of your money would help grow the money seed into a money tree one day. Take 10 percent of your income off the top of your paycheck each time you receive one and put it into a special account for financial accumulation.It is that simple , do it and let me know the outcome ok!

Rule Two(2):Save Throughout Your Career:  What then do you do with the 10 percent you have payed your self? The fact is that if you save just $100 a month throughout your working lifetime and you invest money in an average mutual fund that grows at 10 percent per annum, you will be worth more than one million dollars by the time you retire. This means that anyone, even a person earning minimum wage, if he or she starts early enough and saves long enough, can become a millionaire over the course of his or her working lifetime.You should then develop the habit of putting all the money you pay yourself down,channel it into a saving account for some time, do not consume the seeds of the fruit now.Developing the habit of saving is a sure way to financial indepence and freedom, you would also have the time to do the things you enjoy most in life as the seed of money you are planting would be germinating and oneday then into a tree,with so many fruits to enjoy.Good habits are hard to form but when done consistently,they can transform into a marvelus life.Are you ready to develop the habit of savings?
  What NEXT?, IS YOUR TURN

The money game has just begun,do not sit on the fence,tell your friends to get on board by sharing it on other social networks like facebook, it may transform someone. Be sure to visit this blog as we continue with the other rules of the Game, and you would be transformed.Thanks