SAVINGS-The Easiest and non-stressful Giant For Financial Blast For the Twenty-first Century!!

There is a saying that speak thus that, 'it is not how much you earn but how much cash or money you keep'. 

This saying is a hundred percent concentrated on! If you want to get the real glimpse about this gold nugget, look at the various lottery winners we see around, they were before times poor. 

But because they were lucky to win some huge cash, they suddenly became rich but, the unfortunate aspect of it is that it does not really last and, so they run down getting poor again, even more worse than before.

There are bulky stories of lifetime-if-managed billionaires and millionaires who a couple of years later are so soaked in penury that sleeping under the bridge is what they could now afford. 

And your status of being Rich and remaining so someday is tied or directed to having the ability to generationally save or protect your money well or safely.

You don't save for empire state financial bliss by having a saving energy of a six-inch slab- It's not possible! It will collapse and take the person to square zero!- not even square one!

And in savings, we do not save liability expecting some huge gain in the future (Although, sometimes it happens that what is considered a liability years ago may be an asset today, but it is very rare).

Rich people take in ASSETS while, the poor and middle class (in savings), take in LIABILITIES, most times thinking that it is some golden asset!

And there are many ways of saving. Saving in the Bank or under your Iron Chest is not the only way of saving effectively- You can save for your future through a VALUABLE ASSET!

If you save an ASSET you'll put money knowingly and unknowingly(now or in the future) into your pocket, but if you save a LIABILITY you'll remove or should i say better still, take away money  consciously and un-consciously from the same outlet; your pocket. Today or in posterity to come.

Mortgage payment, Insurance, Utilities, Property Tax, e.t.c, whether you like it or not are all LIABILITY savings!

The person undergoing this payment is actually 'SAVING', but it's not a saving that will put money into his wallet; if it would put money, it will definitely not be his pocket. It will either go into the Governmental Treasury or something! 

Financial illiteracy is a taboo and can land you in serious problem as regarding your finances. 

If someone has financial difficulties, it points out that such a one does not understand some very important segment as regarding money or cash. In fact, it is the bedrock of monetary struggles and fights! 

The Rich are wealthy because of the  cute illumination and being LITERATE financially in differ segments than lower and middle classed people.

There are various ways you can save really- You can save through Real Estate, Stocks, Notes, Your intellectual property (just like the one am currently doing; as a blogger), bonds e.t.c or save through Consumer loans, Credit cards, Mortgage, Taxes e.t.c. It's your choice to choose.

Lastly, i will conclude by saying that, it is not 'having much money', that will solve your everyday problem-nope. 

Continued Positive-savings (i know you understand what am talking about), which is brought out by financial literacy will help curtail at least most of our problem, majorly dealing on finance.

Thanks once more for perusing and please don't forget to share and comment!

Last edited: Friday night,  08:45pm, 07-04-2023