This article addresses the common issues that cause financial scarcity and make people usually broke. I would like to explain how to get out of financial scarcity right now, and never get broke again.

You can get out for financial scarcity and stop being broke by having a new approach on how you use money and creating financial plans and guide your spending which is capable of increases your net worth.

I will be showing how.

There are just too many people that are financially unstable, and there is always scarcity for them, they are always limited to so many things, if you are a youth, very young maybe a student and you are reading this please read this and let it sink, give it to your friends and family. If you are already working and you always Wait for the end of the month to solve your financial problems, then this is for you, if you are self-employed, you are doing your own business, you depend on yourself, this is also for you. If you don’t even have a job, business and you borrow money from one person to another, and you are full of Dept, this is for you too.

 

This article is for everyone.

I was talking to someone very recently and he was like “sir I am fed up of everything, nothing is working for me, I can’t pay my bills, I am always broke, I have looked for jobs and can’t find one, I have family issues because they look up to me, now I am a liability, I can’t even be respected any more. Sir please how can I make money?”

 

All these things happen because there is a great deal of lack of orientation and knowledge of a wealthy life.

 

I will show you some things today that you were never taught in school.

 

Ask yourself why are you always limited to doing certain things, why are you always wishing but it never comes true, why do you think you pray to God and you think the prayer is not answered. This truth is your prayer is already answered, you are not just doing the right things to deserve it. You aren’t claiming the price, my Friend.

 

Now the reason why people are limited and can’t make things happen is simply because they lack enough money or they lack the knowledge of how to use the money. Period!

 

That’s the main difference between rich and poor people, the rich can make things happen. They are not limited, they wish and most times it comes true. They can imagine something and make it a reality almost instantly, they dream and it becomes a reality. They most times have anything they want.

 

There are some secrets about money you might have never heard of or known before, and I will show you these secrets and if you can follow through with this information, your life is going to change for good from today onward.

 

Secrets of becoming financially stable

 

• Know what money is
• Forget about the world, create yours
• Love yourself the most then love others.
• Invest in yourself
• Have a financial plan
• Become disciplined and have a mentor
• Make your money work for you.

 

 

 

I will go into detail about each and every one of these golden tips and I want you to read over and over again and let them stick with you forever.

 

1. Know what money is:

Do you even know why you have money? why you should have money? why is it important to have money. Well, money lets you buy stuff that’s what you are thinking right? but that’s just the problem, you don’t know what money is, that’s why you are always broke.  Let me show you what you should always see as money.

 

Money is an opportunity

Most people can’t take opportunities because there is no money to seize them, and they lose every opportunity that comes their way. Opportunities that would have definitely changed their lives for good. So if you have money and you are not using it to seize opportunities then you will always lack opportunities. Not because there is no opportunity but because you won’t use the money you have to seize them.

 

Money is just a paper but can solve a lot of problems.

Money is just a man-made thing, it’s just paper that we all agree to use for exchanging products and services, yet it can make people like you, respect you, work for you, give you goods, food without having to work or farm for it, it allows you to buy drugs and take care of your hospital medication, travel and see new places it even allows you to meet people, win friends.

 

If you know that money can solve most of your problems then why aren’t you making it your top priority in life to have enough money?. If you think your life is in a terrible situation right now, don’t you think if you had enough money you would solve most of your problems?

 

Money is freedom

to do what you want, if you have money you won’t beg for money from other people, this means you will be able to give also out money and do things on your own without waiting or looking for help.

 

 

This is called financial freedom, the ability to go anywhere and do anything. It’s also the ability to stay out of Debt, because if you are in debt and have no ability to pay it back when due, then my friend you are not free. In fact, you and the people in prison are quite similar.

 

Money stands in for time

The money you have is used to reduce the time always. When you give someone money you are doing so to help yourself save time.

For example if you are hungry and you want to eat, you don’t go to the farm and create your own food, you don’t go hunting, you don’t go fishing, why because there are people that have already done all that with their time and you just simply need to go meet them in the market and give them money in exchange for there stuff which is their time. The same way you travel, the same way you buy any other thing you need to have. You are trading money with other people’s time they used to create or acquire it.

 

Therefore if you know now that money saves you time, have you ever thought about using the money to save time for your goals and achievements?

 

Money should not just be spent but to be invested

Everyone spends money, right? but why are you spending in the first place, what does it even mean. When you spend money you are not getting it back. When you buy food, you eat the food and the money you spent on that food is never coming back, you have to get another amount of money to buy food again. This is why most people are poor Because they make little money and spend and the money keeps vanishing. The income made is smaller than the responsibility the money takes care of.

 

Rich people have enough money not because they too don’t spend it but they invest some of the money they have rather than spending it all. Their investment yield more money and they stay rich.

Ask yourself, what do you have right now that is yielding you more money?. What is increasing your current income?

 

NOTE: your current source of income is not a valid answer. It doesn’t matter if your job pays you a monthly salary or you have a booming business you earn from. As long as you spend the money you receive every month then you are not financially stable.

 

You need a passive source of income, you need multiple sources of income.

 

Money should never be saved, money should be stored.

I learned this from a mentor of mine, he said when you save money you are done for when you save money it only means you have money to be spent on something that will wreck you in future. A lot of people save a lot of money, probably millions for years and at the end of the day something comes up and all the years of savings go down the drain. This has happened to me before so I know how it feels.

To think you have money but all of a sudden you need the money to do something and once you spend it you are back to square 1, where you started from.

 

But this is why using another word which is storing money is different from saving, when you store money in your bank account it’s not for a very long period of time which means it has an endpoint of storage that activates immediate reinvestment of the money into something that converts your total storage value into an asset that increases the value throughout its lifetime, in other words it means if you have let’s say 1million naira in storage, the 1 million naira is immediately converted into an object/asset of equal value but still appreciates in value for the coming years. Which means when you need your 1 million naira, you can definitely sell your object or asset but then it might be worth 3 million naira by then and what you need to spend is just 1 million, you can use the remaining 2 million to repeat the process.

 

If you had saved the money the typical way, your 1 million naira will be spent eventually and your savings becomes 0. Then you have to start saving all over again.

 

This works with any denomination.

N1000 savings

N10000 savings

N100000 savings and so on…

 

Don’t save money, store money and convert it into a valuable asset.

So that even inflation can only affect the value of your asset to increase, unlike savings that reduce the value of money.

 

That’s why billionaires buy bonds, stocks, companies, businesses and even convert naira into dollars and pounds. They store and convert, they don’t save. They are financially stable even when there is inflation or recession.

 

Now you know some of the things about money.

 

The next thing you need to know about is about the people.

 

2. Forget about the world:

The world is beautiful and still, the people in the world are tempting, oppressing and misleading, making the world a place that has brainwashed too many people to misunderstand that; you can’t please anyone, but you can please yourself. If you aren’t pleased with yourself or your life the why focus on other people that don’t care about you.

 

People are always working so hard to please friends and family even when their own life is not so pleasant, and they fake it because everyone one is also faking it to them. So everyone is trying to trend and be among, and focus of that stupid style of life. Trying to gain a higher self-esteem and respect and showing off to people that don’t really like them anyway.

 

I want you to wake up.

 

Forget the world or should I say the people in it for now.

 

Forget those people that are very materialistic and are not productive, people that like to show off non-productive things that can’t impact or inspire you to become a better person.

Because they will keep oppressing you and turn you into someone that wants to do the same even when its to pretend. This is why you will spend so much time buying what your friends buy not because you need it but because you also what to look and feel impressive. You will end up impressing no one when you are broke.

 

Some Rich people can decide to flaunt their things all over but if they are not people that are productive and impact positively on you, forget about them and focus on making your own wealth.

 

• Forget those people that won’t add value to your life
• ignore those that will always say you are a no good
• Don’t listen to those that will say it doesn’t work always
• Those that will say it’s is just luck
• Stop listening to those that will tell you they are special and you are not. My friend nobody is special it’s what we do that makes us look special. Therefore everyone can be special people.

 

• Ignore those that don’t believe in anything you say because they will keep misleading you and make you depressed
• Those that are never happy for you.
• Forget those that are never ready to help and support you.

 

• Because the world is filled with these types of people, and they are turning you away from what God has planned for you.
• Tell them that whatever God has planned for you, there’s no being capable of stopping you from reaching to it.

 

Now start looking for these types of people:

 

• You should find people that are ready to listen to you, willing to work with you.
• People that resonate with your ideas
• People that are willing to listen to your problems and give you helpful advice
• Those that have solved problems similar to yours and can give you advice on how to solve yours.

 

• Keep looking for people that impact the lives of other people
• Find people that love to share their successful path and are living the life you imagined for yourself.
• Follow people that are real and are not fake
• Connect people that have the same mind with you, people that have similar dreams with you.
• Surround yourself with your own world of positive and inspiring people that are financially stable.
• People that will make you happy and when you are happy you can love yourself.
• And when you love yourself you can love others. When you love others you can be successful in all areas of your life, especially in business or career.

 

Avoid poor and ignorant people in your life.

It doesn’t matter if they are your friends or family.

Cos the real world is beautiful but yet it’s filled with voices and actions that kills dreams.

 

3. Love yourself the most then love others:

In other to be financially stable and live a better life, you need to love yourself. It means if you are currently in a disoriented state of mind, you have been humiliated by others, reduced your self-esteem, you are feeling depressed and Don’t really care about anything else because life sucks and people are staying away from you, then my friend you still have hope.

 

 

That is if you are willing to love yourself first if you are willing to take a moment and challenge yourself, fight yourself, shove yourself in the face. Realize your purpose or if it just an idea you have.

 

Love yourself first, ask yourself these questions,

What makes you happy?

What makes you sad?

 

Start doing more of what makes you happy every day. And whenever you want to feel sad and depressed again, tell yourself that because you love yourself nothing else can make you bad, nothing else really matters. Spend more of your time doing what you love,

What you are good at. Make yourself happy, don’t expect anyone to do this for you. You need to do it yourself. It may even be hard to try but if you want to change your life, you have to do the hard things, you have to do things differently or die to try.

 

Don’t expect people to like you and respect because you will always get depressed when you expect it. People won’t give it to you, whether you deserve it or not.

 

Whatever makes you happy should make other people happy. When you succeed in making yourself happy, go out there and make other people happy, without expecting anything in return.

 

This is something that makes you realize your purpose in life and most times will lead you to great things.

 

Most people that do what they love, become so good at what they do and end up becoming wealthy. Not because they are good but because they extended what the love doing to other people.

 

4. Investing in yourself is the best investment in the whole world

When you invest in yourself it means you are more valuable than the last time and the best asset is a human asset. If you are a human asset you can command wealth at any time of the day.

 

If you are highly resourceful, skillful, talented, people will always need you and money will always look for you.

 

So invest in your skills and become the best. Make sure you take it as your number 1 priority. To be the best in whatever you do, career job, business, skills, and services.

 

So whatever knowledge improves the type of person that you are right now. You should take it more serious than the food you even eat.

 

Your business can be taken away, your investments may crash down, your source of income may crumble, you may even become broke someday, but even if everything I just mentioned happens at the same time, as long as you are valuable, you can replace and replenish everything almost instantly.

 

Just imagine if the owners of Microsoft or Facebook or Google have their website destroyed in a day, I can bet on the owners will create something else in some few days launch it to the world and will continue to be billionaires from the new idea they just created.

I can guarantee you. That’s what it means to be highly valuable. Because not only are their businesses highly valuable but they themselves are also highly valuable in their specific industries. It takes a lot of time and self-investment to become those kinds of people or businesses. But it’s a gradual culture that has to be consistent.

 

 

photo credit: Merlin Fitness

So my friend read, watch, learn and act. Improve yourself, you are might think you are the best in what you do, but you can not know everything, so you have to keep learning, even when you are the best you can still be better. it matters not what you are doing right now, invest in yourself, it is just so much you don’t know but you can when you seek out to learn it.

 

Even the richest, greatest and smartest people on this planet still invest in themselves because they want to keep on getting better at their best.

 

Stop spending money on useless things and activities that won’t improve you. Channel your spending into investing in you.

 

5.Have a financial plan

By now you might be thinking if having a plan is a big deal. Well, it’s very important.

What does having a plan or a financial plan mean?

It means preparing for the future. Your future.

Most people don’t have plans because the world and what is happening around them has made them think of only saving for the future.

 

There is no plan for their future and the future of their family. If you are a living person and you are not dead and yet you can’t plan for your future then you are either a walking dead person or you don’t exist even if you think you do. That’s the truth.

 

And at the end of the day life will take you for a ride and place you and give you anything random. The worst part is that you get more confused and will find it very difficult to trace back your steps.

 

So many people live their lives without a subconscious guide that keeps them focus. So you do what you can just get your hands on something that can make you survive and you struggle, and stay on one spot without any plans of getting our the spot or situation nor even try improving your situation and you say life sucks. Its because you suck, you don’t have a plan.

 

You don’t necessarily need to know exactly how your life ends, that’s not what am saying, but have a plan for the nearest future, just imagine who you want to be in the next 10 years. Tell yourself what do I need to do to become this kind of person by then.

 

Seek for how you can get to your future now and most importantly focus on it.

Track your growth, if you are Improving stick to the plan, but if you are not improving, also stick to the plan but find another process that works.

 

That’s another reason why people can’t improve the way they live and why people remain stuck in poverty or scarcity. Because apparently, it seems there is nothing to plan for or in order words there is no plan.

As a human being, you should be organized and be one step ahead. You have the ability to do this and achieve them. Even if achieving them will take time.

 

So you should sit down take a pen and paper and write down the following.

 

What do you want for you and your loved ones in the nearest future?

What do you need to do in order to achieve it?

How long do you need, give yourself a deadline?

What are the obstacles that will hinder your plans?

What are the options to overcome the obstacles?

 

Then write out the steps you need to take and give yourself a deadline.

Once you are done writing out what you need to do step by step, you must focus on these steps till the deadline.

 

This is also why it’s important to plan your financial activities.

You should write down or mark down your monthly expenses. And you should have an ultimate plan that increases your income and net worth every month. That should be your financial plan.

Increase your income regularly.

 

You should create 3 tables for your income

 

• Normal spending
• Storage (not savings)

• Investment

 

 

 

1. Normal spending:

what you spend on things you really need. Feeding, transportation, clothing, your rent, internet connection, charity and other expenses like miscellaneous expenses.

Other expenses are things that have to do with your hobbies or pleasure. This should also include things you desire buying for the fun of it.

 

2. Storage:

Because I want you to change the way you see money I prefer using storage and not savings to describe the word. Your storage is the money that is left from your expenses. The money you reserve for future purposes. You already know by now what you need to do with your storage to stay strong and not vulnerable.

 

3. Investment:

There should be money left to invest in yourself every month. If it will involve buying books, doing some research on the net, go to places that will get you the knowledge you seek, skills and more understanding, attend seminars that will improve your skills. You will need money to do any of those.

It should also serve as a money to invest in your business if you already have one. Or invest in profitable businesses if you don’t have any.

 

Because the more you invest the money results you will get. Expand your business, grow your business, invest in multiple businesses, invest in anything that takes you closer to your plan, goal, future, dream etc.

 

Your tables should have a higher level of priority among each other, thus the amount budgeted should be in this form of descending order.

1.Normal spendings

2.Investment

3.Storage

 

Let’s use an example that you plan on having a financial plan that has different phases.

 

Phase 1:

For example, you if earn N50,000 a month

 

Then your tables look like this;

Normal spending- N30,000

Investment- N15,000

storage- N5,000 every month

 

Total income = N50,000

 

You must take your financial plan seriously and form a policy around it.

 

In the next 12 months, this is how your table should look like.

 

Normal spending- N30,000

Investment- N60,000

Storage- N10,000 monthly

Total financial storage – N300,000 in 12 months.

Total income = 100,000

 

You are spending the same amount of Money but your income had increased, your investment has increased and your storage has increased because your investment is increasing your total income.

 

Your financial (storage) should be nurtured and raised like a child, it is what determines your net worth and how valuable are you. It is the financial plan that you must focus on.

 

Because when your storage is ready for asset investment, you can say you have achieved something great.

 

Let’s say your financial plan is now like this

In the next 18 months

 

Normal spendings N30,000

Investment- N100,000

Storage- N50,000 monthly

Total financial storage – N1,500,000 in 18 months

But,

Total income = N180,000

 

You can now move into phase 2

Phase 2:

 

Phase 2 is where you invest a part or all from your financial storage.

 

You can find an asset worth N 1,000,000  and invest in it, making sure your investment appreciates at a 5% growth every month giving you a 100% return on investment in 20 months time. (Just an example)

 

Which means your net worth will be increasing every month and not like the typical savings that are extremely vulnerable to unforeseen events.

 

In phase 2 you get to spend more now and increase the level of your lifestyle.

 

So your financial plan is now like

Total income = N180,000

 

Normal spending- N50,000

Investment- N100,000

Storage- N50,000 monthly

Total financial storage is N550,000 (because N1,000,000) has been invested into an asset that is appreciating 5% monthly.

Total income = N200,000

 

You just repeat what happened in phase 1 and see how your income grows.

 

The more you reach a financial goal, the better your lifestyle can be.

NOTE: This is just an example, its in no way a prescribed plan for anyone. I just want you to understand the concept. You can set up your financial plan in any way that suits you, as long as it gives you the required result.

 

But it takes hard work, time and tremendous discipline.

 

That takes us discipline.

 

A lot of people try to be disciplined even when they have a plan and want to be focused but end up failing, losing focused or disciplined.

 

This is because no matter how prepared you get or make up your mind, somethings still makes you easily fail. This is because you are new to the lifestyle you are creating for yourself and in most cases, people find it very difficult to stick to their plans.

 

But there are ways to tackle this issue.

1. Find a mentor and get checked all the time. You don’t need to be discipline all by yourself, bit with someone that can keep you in check and guide you, it makes your focus stronger. When you have some to report back to, your subconscious is at alert and will be very cautious. So find someone who will guide you and keep you in check in other to keep focus.
2. Be consistently motivated. To stay focused and disciplined you need to be consistently inspired. I have a lot of friends that want to start a serious business and they have everything planned out, but for one reason or the other, they lack the motivation and the drive to focus on the business and end up dumping it. It happens to most starting out. So you need to find something that motivates you every, something that gives you the reason to stay focused and be disciplined with your plans.
3. Make things very simple and easily achievable. This is very important because most people like to be comfortable and are easily provoked to uncomfortable things, it makes them fail in discipline and focus. This happens because they make their activities to complicated.

 

You should make your to-do list very simple and achieved. Take everything one step at a time. Don’t rush things, do try and do all at ones. Rome wasn’t built in a day.

 

To achieve the goals you need to work smart not just working hard.

The more simple you keep things for yourself the more success and break through you will get.

 

Imagine going to the gym and your plan is to get six abs packs in a week. You plan on going to the gym every single day and spend 20 hours with a serious mind.

You will end up staying away from the gym in 2 days.

 

You can’t get six packs in a week because to do so, you will need to do too much work out on your body and that won’t be a pleasant experience and your body will be overworked. But when you plan on achieving it in 3 months and spending just 1 hour in the gym 3 times a week.

If you stick to that plan, things will be a lot easier for you.

 

Same thing with your business. Break your goals down in little bits and take them one after the other and focus on finishing one before you move to the next. Don’t overwhelm yourself.

 

As you are reading these content, pick the tips one after the other and work on them one after the other with small achievable goals. You will go far and get results.

 

Finally,

4. Make money work for you

By now you already know what money is. But there is another catch to money. Money can work for you. Because I said earlier that money is equivalent to time. Therefore money can make you financially stable if you know how to use it to work for you.

 

This is what I call Leveraging.

Money can bring you closer to your goals faster than you think. And because people don’t do this, they spend a lot of time trying to reach their goal and in the process spend too much time.

 

Your business, skill or career is a source income then it means when you invest in your Business or skill to become better it means your money work for you to become better.

This means if you want to become better or greater or smarter or richer you can buy it with money. If you want some to love you, work for you, help you, you can use money.

That’s why you work for a company that pays you N50,000 its because you are not working for the company, it’s actually the money that is working for the company. That’s why you are working for the money.

 

You wonder why people are rich it’s not because they are worth 7 figures its because they use the money to get more money. But you are working for money and not money working for you.

 

Your C.E.O maybe was a dropout, or a 2nd class lower but you are a genius working at the very lower level for him. He is making millions every month but he is paying you N50,000 and you are doing the most things he’s not doing and yet you want to be rich.

Can’t you see that he has a lifestyle that is totally different from yours?

 

So my friend you need to see money as a tool to get what you want. Use it break barriers, use it to change your life for the better.

 

Most people spend money on parties, clubs, drinks, junk food, pleasure, unessential and unnecessary items that can’t make money for them which is a normal thing. You can never buy a car 2 million and sell it for 3 million after 1 year.

Same thing with your Mobile phone, gadget, cloths, food and so on.

but you spend and you can’t save enough and you can’t invest and you can’t be part of certain opportunities, and yet you blame everyone around you and even the government that you are broke and you can’t live well.

 

But a lot of people in this country are living very well and fine and they are happy.

 

Trust me the problem is you.

 

Make money work for you, stop working for money, stop depending, stop blaming, stop borrowing, stop envying, stop procrastinating, stop doubting. Take risks, use your money to Change your life and not use your money to destroy it.

 

When you spend your money on food you can’t get it back unless you go to work again, when you spend it on clothes you don’t get it back, that money is lost, when you buy expensive phones just to impress everyone you can’t get the money back, at least not all of it. when you go to parties and waste money on so many other things you can’t get it back.

 

But when it comes to investing in a business that can get you more money or when it comes to self-investment you start thinking about losing money, you become scared of spending money, the money becomes hard earned money at that point. You are going to spend it anyway. And when you spend it you have lost it. If you have 10 million in your account you will still have to spend it on some things. That’s why money is never to be kept, it’s only a matter of time something will collect that money.

 

Even you decide not to spend it at all when you die someone will still spend it for you.

 

So Quite mediocrity and take the damn risk, my friend. If you are afraid of losing money on business or investment it is because you don’t know how to create more money and then you will not be wealthy.

Am not saying you should lose money willingly and fall into scams but when you can make research, study and get convinced and you get proof about an opportunity then you should let money make things happen.

 

If you are starting your business and you can’t do it alone, partner with someone who will handle the operation, you can be the investor and make things happen for your business using your partner/panthers.

 

If you can’t build or create digital platforms, write contents, work on SEO, design graphic works, handle research on stock market report mine bitcoins, market products etc, then partner with someone or people that can do the job and strike a good deal. You can also hire virtual assistance or freelancers. Never think because you can’t do it you are limited

 

Breach the time gap with money.

Money is only a tool my friend, use it to your advantage.

Use it to gain knowledge

Use money to build yourself

You can use it to build your business

You can also use to acquire assets

Use it to make more money

Use money and don’t waste money

 

Thanks for reading although all I need is for this article is if I can just touch and change the life of one person who has read this to the end, then I am ok. I hope that person is you.

 

Tell your friends and family that you really know this can help, share this with your loved ones. Life is beautiful, let’s make the world better with helpful information.