BUILDING A SYSTEM FOR YOUR FINANCIAL PROSPERITY
“Your income rarely exceeds your level of personal development.” – Jim Rohn, famous American business philosopher (1930 – 2009)
And now we will talk about building a system for your financial success. Without a doubt, to build your financial future, you also need a system. But in order to create it, you need to be educated in this matter. Because wealth goes only to those who know and understand financial principles and laws, and also apply them in their lives. Let us consider the following system of applying financial laws which we can use in building real wealth.
- To increase your finances, you need to learn to reduce costs and curb your desires.
- Develop a culture of savings. Systematically save a certain amount of money in the form of savings.
- Make the money in your savings work for you. Your saving is not to be spent, but you should keep saving until it is profitable to invest in a business.
- Teach yourself to live and work on a budget. To multiply your finances, it is necessary you keep track of money. This will help you divide the available funds between your needs and desires.
If these four principles are used systematically and constantly, after a certain time, your finances will surely increase.
If you have developed a culture of savings, and, for example, you save $ 100 a month, then in a year it will turn into $ 1,200, in 10 years – in the amount of $ 12,000, in 30 years – in $ 36,000. And if every month you don’t just save $ 100, but deposit them, for example, in a bank at a certain interest, then after 10 and 30 years the accumulated amount will be much larger than it would have been if you just save the money.
Examples of how your finances can multiply within different time intervals and amount.
Amount | 10 years | 20 years | 30 years | 40 years |
10 $ | 1200 $ | 2400 $ | 3600 $ | 4800 $ |
50 $ | 6000 $ | 12000 $ | 18000 $ | 24000 $ |
100 $ | 12000 $ | 24000 $ | 36000 $ | 48000 $ |
200 $ | 24000 $ | 48000 $ | 72000 $ | 96000 $ |
Therefore, dear friends, your financial prosperity is also built on systems.
To be continued Tomorrow, don’t miss it!
Excerpts from the Book “System Building – The Key To Resolving Every Problem And Attaining Every Goal.”. #DSABOOKS
This book can be found on dsabooksplanet.com and Amazon.com
FOR THE LOVE OF GOD, CHURCH AND NATION
By Pastor Sunday Adelaja.