Wealth creation is one of the important issues we face in this fast-paced world of ours.
People are hustling and busting their ass through pains and struggles just to make ends meet and become a better person.
This is a very common situation and there is nothing that can be done about it.
As a matter of fact, the hustle for wealth would transcend our generation and the ones to come.
People would always want to make money and more money and more money.
Although, there is a very vital and obvious reality that “NOT EVERYBODY WOULD EVENTUALLY BE RICH”, but the hustle is real and common among all men.
This article is about wealth creation and how to grow your wealth in the coming days.
But I would start by listing out the necessary qualities you must have as an individual in order to create sustainable wealth:
The first and important thing to understand is:
WOOOOOPS! Suddenly, you are feeling jittery and scared?
The word discipline means effort, stress, consistency, doggedness, persistence and resilience. Discipline is a very important attribute you need to have if you want to create sustainable wealth.
Let me break it down for you:
Don’t spend money by impulse.
Don’t buy things you have no use for.
Don’t spend too much on luxury and comfort if you have not created for yourself a working and sustained cash flow system.
Learn to keep more money than you release.
Discipline is the first quality you must imbibe into yourself if you want to create wealth. This is what most people lack. There is this appetite we have to spend money as it comes especially on food, fun, luxuries and fashion.
As good as enjoying life sounds, it can be very detrimental to your financial freedom if you develop an unbridled appetite towards it. You must earn more than you spend in order to create wealth.
Once you can be disciplined enough to curb your appetite when it comes to spending money, you would have enough to save and increase your wealth portfolio. Money does not come by magic; wealth is not created by sheer dumb luck. It takes work and great discipline.
HOW DISCIPLINED ARE YOU?
Another fundamental quality you must possess is:
This is another difficult quality many people have.
They lack the patience to PROGRESSIVELY grow their wealth. People have this desire to get rich OVERNIGHT.
This rush and haste to become wealthy has led many people into several fraudulent businesses and platforms.
Many people have lost huge sums of money due to impatience and lust for money.
Recently, there have been news of people losing huge sums of money to certain platforms because of their greed to make huge money in a short time.
There is no such thing as QUICK WEALTH CREATION.
Wealth comes after consistently applying all the necessary wealth creation techniques and strategies.
If you are not ready to be patient, forget about creating wealth. You must learn to give your wealth time to grow.
There are no two ways about it. If you are not ready to be patient, you cannot be wealthy.
Let me break it down for you:
- Stay away from get-rich-quick schemes that promises you ridiculously high returns of your money in the shortest possible time.
- Curb your appetite for OVERNIGHT WEALTH.
- Be ready to give your wealth time to grow.
This is a rare quality that is hard to find among several individuals. If you can imbibe this quality into you, there would be great changes in your approach to wealth.
There is nothing spooky about making money or creating wealth.
We are the ones that complicate issues for ourselves by refusing the right knowledge, lack of patience and unbridled appetite.
This would be a step by step guide to help you on your way to financial freedom.
Money can be made.
Wealth can be created.
However, it does not come by luck, it comes by work.
About the Author
Olaosegba Isaac is an Affiliate marketer, Content writer, Investment manager and the CEO of ValFin Enterprise. He is passionate about wealth creation and sustainable wealth.
You can check out his newsletters to learn more about making money and being consistent in business.