Friday, 16 November 2012

The FIRST LAW of MONEY!


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FIRST LAW:
Money cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.

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Very simple indeed! You have worked for the month or you are a trader, business man etc. The first law of money is to ensure that you save one – tenth of whatever you earn for yourself.
You might earn just N10, 000 ($100) per month and it is just not enough to save from. It’s not true. List out all your expenses per month and you would discover that there are some unnecessary purchases that you can do away with.

No matter the amount of money you earn you can save   one – tenth of that amount.

Your present expenses might include the following:
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            Pay for DSTV (Premium – N10, 000)
·         Shop @ the Mall every Friday
·         Take friends out on a weekly basis
·         Buy recharge credit etc

The list goes on and on depending on the individual. But looking at this list above you can actually reduce that cost without changing your life style.

Look at a new list below:
·         
       Pay for DSTV (Compact – N4500)
·         Shop @ the Mall every two weeks
·         Take friends out weekly – bill is shared
·         Get good offers to reduce call  rates

When you look at the two lifestyles above you would discover that the second one is what you would get after going through your expenses and adjusting it. You would have reduced your expenses and also have the ability to save a minimum of one –tenth of your earnings. It’s not easy though but you can surely achieve it.

So take a look at your earning and expenditure today, you might just be spending that amount you need to save for your future.

Download the 5 LAWS of MONEY at : http://www.mediafire.com/?8c0f547p19r1686

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