Money Matters With Nimi (on Delayed Gratification)


1.)You started together, sometimes even in the same office but you had different priorities perhaps...
2.) They earned roughly the same as you or even less, yet somehow, year after year they are increasing their #wealth.
3.) Have you ever thought to ask yourself why? How did they do it?
4.) There’s something that that these people do that allows them to keep building their #wealth. So what’s the secret?
5.) IT'S CALLED DELAYED GRATIFICATION The ability to resist the temptation for an immediate #reward and wait for a later more enduring #reward.
6.) The wealthy buy #assets first, luxuries and liabilities later."Delaying gratification helps us to meet our long term #financialgoals.
7.) It all begins with how you manage your #cashflow.
8.) The wealthy buy #assets…and create more #cashflow.
9.) The wealthy use the money they’ve #saved to #invest in #assets including Stocks, #bonds, #property, business interests etc
10.) They leverage on their skills and talents to earn additional income.As they buy assets they are able to generate additional #passiveincome.
11.) With additional cash flow they can buy more assets which in turn increases their wealth.
12.) So what are you doing? Are you going to continue consuming all that you earn and living from paycheck to paycheck?
13.) Or are you going to start to build some serious weath? •Do you own any bonds? •Do you own any stock? •Do you own any property? #wealth
14.) Do you have any business interests? •Are you leveraging on your skills, talents?What are you waiting for?!
Culled from Nimi Akinkugbe's Twitter page.
Follow her on twitter - @MMWithNimi

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