Underestimating the WORKING POWER of money

byJoy3

1.3K followers

6 years ago

We leave school, or college and for the next forty years we go to work so that at the end of a month, we can pay our bills. Many people work very hard and even after forty years, they hardly have anything to show for it. The upcoming pension is so meagre that they wonder how they will manage to provide for themselves for the rest of their lives.

The solution is , not only to earn ACTIVE money, but also to send money to work to make more money. How can we do this? No matter how small a wage might seem, if we take a set amount and INVEST it in different instruments on a regular basis, we will be surprised what can happen over a five year period.

This is a personal testimony. I was earning money that just could not pay the bills. After looking ahead at what my future might look like, I knew I could not continue this way. I did some studies in financial portfolio management and realised that if I just squeezed a little tighter and invested in bonds, unit trusts, stock spreading the risk, I could increase my income by a large percentage.

We join the WA community to set up our business with a hope to earn additional income. If we do not plan what we are going to do with this extra income, in a few years we will be back at the same place. So what are we going to do with the money ?

SEND SOME OF IT TO WORK !!!