TheBizAcademy

V2S Day 17 - Financing Your Vision - Pursuing The Promise


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  Like we explained in the last chapter, the basics of money management remain the same. There is nothing new that we will teach you in this regard. The purpose of this section of the vision to success course, is to remind you to practice the basics. It is also meant to hold you accountable, and to remind you that nothing will change in your life until you decide to change it. The best reminder we can offer you is that what you spend your money on reveals a great deal about your values. If you claim to value health, but you spend all your money on booze, instead of investing in a gym membership, or supplements, this shows a contradiction, or confusion of values. If you truly valued health, then you would invest in a gym membership or some healthy snacks as opposed to liquor or junk food. 

Put your money where your mouth is. Be congruent with your words and your actions.

If you want to increase your net worth, you had better have a plan. 

[Net worth = Total Assets – Total Liabilities]

To increase your wealth, you must spend your money accumulating assets and not liabilities.

Assets – Put money in your pocket

Liabilities – Take money out of your pocket

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TheBizAcademyBy Mduduzi Manyamalala