“The Bible says that the borrower is a slave to the lender. And it is the truth, I've experienced that in my life, I know, it's not a great feeling.” - Dr. Ranelli Williams
This is Relentlessly Activating Wealth, redefining our journey towards prosperity! I’m Dr. Ranelli Williams and let me introduce you to the fifth of the seven fundamental standards to activate your redefined journey to wealth. Let’s look into the principles of money management, understanding our financial troubles, and how we can rise up and conquer!
[00:01 – 02:26] The Fifth Fundamental Standard
- Embracing financial fundamentals
- Incorporate the “good MSG”:
- Making money
- Saving money
- Growing money
[02:27 – 13:52] Understanding the Financial Fundamentals towards Growth
- Growing money
- Do it with a purpose, not just for the sake of having money.
- Creating a budget is fundamental to growing your wealth portfolio.
- Elevate to be paid more for your value. Consider entrepreneurship.
- Saving money
- Clearly define emergency for an emergency fund.
- Strategize to reduce and eliminate any debt. Aim for credit repair.
- Work with me at https://ranelliwilliams.com/ to map out your six-figure plan for your business.
- Create savings goals in varying areas of your life.
- Growing money
- Understand what you need to retire comfortably.
- Consider varying investment options - real estate, stocks, bonds, etc.
[13:53 – 15:56] Final Thoughts
- There is no point in doing this if we do not enjoy the process.
- Connect with Dr. Ranelli Williams – leave a review and comment (links below)
Key Quote:
“We already established that it's the love of money, that's evil and not money itself. Money is a tool. And so we have to create the mindset around that money is truly a tool.” - Dr. Ranelli Williams
Connect with Me!
Join the Facebook Group Relentlessly Activating Wealth Community at www.raw-community.com
If you are dreaming of a 6-figure business, but don't know how to breakthrough to the bank, register for the Breakthrough to the Bank Workshop at www.breakthroughtothebank.com
You can connect with me on Facebook, LinkedIn, Instagram and visit my website https://ranelliwilliams.com to learn more
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