Kehinde Ajose, writes on “Costly Mistakes Entertainers Make” in the Friday, June 8, 2012 edition of Entertainment Express. Life like LG is good and what’s more, we all want and desire a good life. We all want to make it big time, live large and make the world feel our impact but how prepared are we to live with it and thereafter becomes a big question. Overcoming The Storms Of Life Sermon, Overcoming Barriers To Learning In The Classroom, Overcoming The Storms Of Life Quotes, Storms Of Life Bible Verse, Storms Of Life Sermon Illustration, Purpose Of Spiritual Storms, Surviving The Storms Of Life, Overcoming The Storms Of Life Bible Verse, Rainy Day Quotes, Enjoying Rain Quotes, Funny Rainy Day Quotes, Rainy Day Sayings, Cute Rainy Day Quotes, Cute Rain Quotes, Sad Rain Quotes, Romantic Rain Quotes
Kehinde Ajose, writes on “Costly Mistakes Entertainers Make” in the Friday, June 8, 2012 edition of Entertainment Express. Life like LG is good and what’s more, we all want and desire a good life. We all want to make it big time, live large and make the world feel our impact but how prepared are we to live with it and thereafter becomes a big question.
“Do not let life rules you but rule your life to live well.”
It is easy to make money if we implored our talents and put all the hard-works to bear with it. But the question is when the money begins to roll in; do we remember that it has it season and time? Sincerely, how we treat its season, is what it would take for us to reap a bountiful harvest time without numbers.
“All we have in this world is nothing but temporal.”
There is need to have it at the back of our mind that that good time doesn’t last a life time. Tribulation as in dry season may still come and it is our preparedness to deal with it that will enable us stands the test of time. Now, if you are sitting on top of a free millions, remember there comes a time when the blood in you wouldn’t flow to make the millions as it used to be.
“Time changes and the game might never be the same as usual.”
It is your foresight and uprightness with a deep understanding of investment and money management that would keep you afloat and make you keep something for your next generation yet unborn.
A story online by Eurosport – The Rundown, Wednesday, March 28, 2012 titled “Top 10 Sports Stars Who Blew Fortunes”, got me thinking. The article takes a look at men who made fortunes from their talents in Basketball, Football, Golf, Boxing etc but blew them down the line with lifestyles that were unnecessarily called for. Of all, that of boxing is a case in mind considering Holyfield and Tyson, the article says, “The once undisputed heavyweight champions of the world both earned vast fortunes in the 1980s, 1990s and 2000s. Evander Holyfield picked up over $250m in his career, but had the bank foreclose on his $10m house in 2008 (his house, incidentally, had 109 rooms). Holyfield cites poor business decisions and his two failed marriages (which have left him with huge child support bills) as the reasons for his financial woes. Mike Tyson, meanwhile, burnt through even more cash: some $300m and more went down the toilet – literally, at one point. Among his many extravagances was an exotic bathroom suite whose bathtub alone cost $2m! He was declared bankrupt in 2003 with a reported $34m debt. He returned to the ring to pay off his bills, but hit the rocks again and was convicted of cocaine possession in 2007. Today, he makes ends meet by appearing as himself in movies and tends his pigeons at home in New York.”
Read in-between the lines, there you will see what brought these men down even when they had the world on their feet’s financially. I implore you again to take a careful look at the quoted portion of the article above. If you do, you would spot what actually brought the downfall of the two heavyweight boxing champions? Holyfield cited poor business and his two failed marriages as the reasons for his financial misfortune but if I may ask, what is a man doing in a 109 room’s home. And for Tyson, why $2m exotic bathroom suite?
“Making money without financial discipline is the greatest disservice you can do to yourself.”
Money as I know is meant to be invested in profitable ventures that would yield another stream of income and not for extravagance lifestyle. Like I know, those who live extravagant lifestyles will always at the end, live a borrowed life.
There is nothing as good as planning for the rainy day because, for sure, it shall come and how prepared are you for it, is what will give you an edge to overcome it when it finally shows up. The big way to overcome this is to save no matter how little or small it is. Now, let us do a little investment portfolio. If you keep $1,000 every day for the next 365 days, you will have saved $365,000.
You might say how this could be possible considering the economy situation in the land. And here I would say, that extra cash, the unnecessary expenses made on calls, drinks and others, if you can make a habit to save, then you can make something tangible out of it. Just give a try within your level and see how far you can go. I know some would say that it is only an entrepreneur that would be able to save such amount daily and not a civil servant but in all, try to save for that is a good way to secure your future, financially.
“Making a little saving is a sure way to get out of financial constraint.”
The principle of life is to start small and grow big and not to start big and grow small. Those who think making money and spending it `loud-loud’ is the ultimate way to enjoy life to it fullness, are only making a big mistake because when they need the money most, it becomes like a bird, flying away and never to return with its full wings.
“When you make money not matter how little or how big it is, learn to save some for the rainy day.”
It is good to learn from the mistakes of others. This is what will give you an edge when you finally arrived at your comfort zone. And also remember to realize that money made in haste, shouldn’t be spent in haste but rather to have a good investment plan for the future and not on a short run. In Proverbs (6:6-8), the Bible says, “Go to the ant, thou sluggard; consider her ways, and be wise: Which having no guide, overseer, or ruler, Provideth her meat in the summer, [and] gathereth her food in the harvest.”
Any extra amount of money in your hand should be invested wisely. We shouldn’t make the mistake of saying I do not have any left over. If you can’t handle the little in your hand, how will you handle the big one coming?
“There are things that are not necessary for you at some moment which you shouldn’t stress yourself because you want to be like others.”
Remember everyone have their time of breakthrough and while working for that, remember to put in place the necessary machinery to enable you fulfill what the Bible said in the Book of Proverbs about the ant. Some people make all, spent all and go a borrowing without planning or keeping some for the rainy day. So bad!
“When you are contented, you create the value to multiple the little in your hand.”
Whatever you have, be contented and enrich your spiritual life. If you gain all the world, to your Maker, you soul is more precious than the riches of this world which Solomon said is vanity upon vanity. There are some levels of wealth we seek for but our Maker, the giver of life and wealth knows that it might destroy our faith in Him. He also knows that at some time, we may not have the capacity to withstand the reaction, in that which He gives to us. He knows what we need to keep a balance of our faith while aiming for the crown that never rots.
Wealth sometimes corrupts the mind when you are not prepared for it. It is good to have a balance in life, experiencing both the good and bad of it. It is what makes you strong and can withstand any eventuality. Be wise and invest rightly.
“Wealth is for multiplication and not for accumulation.”
When seeking to make wealth, it is left for us to understand the purpose to which wealth is meant for without which, the aim is defeated. Even though the rainy day issue will always be around to test our faith in our Maker. We as children of His Kingdom, it is left for us to have a deep understanding through His word on how to abide by His principle concerning the creation of wealth which has to do with giving, titling, investing, saving etc. Forgive me if you are not in line with this.
Wealth to me is a faith issue. It is having a deep faith in your Maker that will enable you create and managed wealth without losing focus. When we understand this purpose, then the rainy day issue for us would ever be a mirage and a thing of the pass for us not to worry about when it comes our way that is if it would come which I doubt considering what we have in the inside.
COMMENTS