May 21, 2012

Everybody have the potential to be a millionaire


Everybody have the potential to be a millionaire
Do you know that research has shown that every adult, no matter the background or income level has the potential of becoming a Millionaire in the future when given the right information?

The reason why majority of the people ends up retiring poor despite leading a comfortable youthful age is not farfetched. It is due to what I called ‘SELF HATRED’.

WHAT IS SELF HATRED?
It’s Simple! Where does the money you earn go to? When you think critically, your answer may be narrowed down to something like

1. On family commitments
2. On clothing and comfort
3. On religious commitments
4. On social commitments
5. On bills
6. On charity
7. And a few others

we struggle to indulge in these activities; in fact we pray and wish to have more money to indulge in these good acts to our satisfaction. However, in all these noble activities we do, we totally ignore the most important commitment: ‘OURSELF’.
That is the reason why we find it easier to pay our electricity bills, help friends in dare need, fulfill pledges and promises made in church, help family members and others in need, etc than to pay 
ourselves.
In fact, savings to some of us is like capital punishment. Though many of us earn huge amount of money, we simply feel we do not have enough to save; we only have enough to spend on different commitments (which will never finish anyway).  Those of us that earn small amount of money also complain of insufficient cash to save, forgetting that no amount of money is sufficient for anyone who cannot save.

The simple truth is that if you cannot save money when you earn N20,000 monthly, you cannot save money when you earn N500,000 monthly either. Some of us, the last time we tried to save, we had to go back to deep our hands into our savings for the sake of meeting up with the usual commitments. You end up paying every other person but not yourself!
You help every other person but not yourself!
You value every other person but not yourself!
You love your neighbor but not yourself instead of loving your neighbor as yourself! Why are you doing this to yourself?

Please don’t misunderstand me; there is nothing wrong with helping others and meeting up with commitments. You can go ahead and do them …but please remember to do a little for yourself first.

If you earn N1000 monthly, go ahead and squander N900 anyhow you want but keep just N50 or N100 to yourself.  That 5% or 10% you save for yourself is the money that will make you wealthy in life when invested where it will yield good interest for you annually.

Thank you for your time I hope I found this report valuable, I’ll talk to you more on Investment in my next mail.

For any investment opportunity please

To your success

peter