THE FOUNDATION FOR BUILDING WEALTH

THE FOUNDATION FOR BUILDING WEALTH

Life could be so difficult to live when one is broke. Lack of money to spend on your utility bills and for pleasure could lead to depression. Living becomes hard when you don’t have any asset, any business or any work place that you make money from. I am here to share with you “how to build your market value for wealth creation.

                                        

Having enough money to spend, re-invest and also saved is the key to financial happiness and a path way to wealth. It’s not about how much you make daily, monthly or yearly that determines your financial stability but how well you practice financial discipline. Having enough money to a great extent leads to wealth when properly managed.

THE KNOWLEDGE OF MONEY           

If you want to earn more money, promoted faster you need to have the knowledge on what money really is. Knowledge is the bases for building your financial wealth.

What is your understanding about money? What do you known money is? You may assume that it is an unnecessary simple question. The understanding of money has been largely misunderstood many. Money is any measure of value used as a medium of exchange.

For example when you provide hair barbing service, people would exchange money for it. The money is the medium for exchange.

The real value is the hair barbing skill and the cost of electrical gadgets. Money is the medium at which the barbing skill value is exchanged. The customer needs the hair barbing service of the barber while the barber needs the customer’s paid money value for his business growth. For the one who bakes cakes for his/her customer.  It is not a mistake if the baking skill is called “Money”. Actually that is the real money. This means that if you want to make money provide people the product or service that the need. When you provide more valuable product or service you will make more money.  If you have the skill in cake baking, that is your money waiting for you. If you are a good cook, that is money waiting for you. Take note of these; the cloth you bought from the boutique has solved your nakedness problem. The house rent bill that you have paid for has solved your lack of shelter problem. The telephone you bought for making calls and browsing has solved your communication problems. All the money that you have been spending have all been spent on people who have been solving all your problem.  If you create a product or service today that will also solve people problem people will pay you money too.  Your skill is a value waiting to be exchanged for money by someone who needs the service.