Have you ever observed a prayer session about getting wealth in our churches? People in our country Nigeria have suffered and we are still suffering immeasurable hardship.
That is why, if you want to bring to life a dull prayer session, change the prayer topic to getting God’s uncountable blessings (which of course includes wealth).
All of a sudden, the place will be filled with exuberance. People will start jumping up and down, punching the air and shouting obscenities to the devil for blocking their path to riches.
And oh, the glorious Amen that will follow when the pastor rounds up the prayer.
We all want to be wealthy, though not all of you want to be the next Dangote. But at least you want to have enough to be able to do and own whatever we want.
Some only want enough to be able to finance the kind of lifestyle they want to live. And believe me, any lifestyle you would want to live requires a hefty sum because, at least, you would want to own your own house, have a car, send your kids to the best schools, go on vacation once in a while and to enjoy other good things of life.
Start with knowing how much you earn and how much you spend.
Knowing how much you earn might sound very obvious after all, you are paid a particular sum every month as salary.
But hey! This is Nigeria, we never ever do one thing. Never.
Some sell recharge cards in their offices. Some teach extra classes for kids in the evenings. Some retire to their street shops after working nine hours in the office.
I once met an okada man who works in a food processing plant in the morning and rides his okada at night.
These side businesses are sources of income which you must account for.
The earlier we start accounting for all that comes into our pockets the better for our quest to be financially independent.
Know how much you spend every day, week and month. You can use budgeting tools to get this information.
See [Why You Must Save]
This is one of the most important financial data that we will need to kick start our journey to financial freedom. So don’t leave it to fate or have the attitude that anything goes.
Don’t go about earning money, spending them without having a clue how much you earn and spend. This is a recipe for financial disaster.
This is the very first step and if you take it, you will discover lots of things about your spending habit, about your earning power and about the way you invest your money.
You will find out if you spend too much or if you earn so little. It will give you the most basic financial data that will help and build your wealth.
There are other steps needed to be taken to achieve financial freedom like saving, investing etc. But the thing is, you can hardly save when you don’t know how much you spend in a month. Then, when you don’t save, you can’t invest.
Take the first step today to financial freedom. Get for yourself a little book or your phone where you do your calculations. Spend just five minutes on your little book every day to make sure that you are not spending away your future.
The small time you spend on your little book now can bring you riches in the future