How to Create and Sustain Wealth

How To Create And Sustain Wealth

how to create and sustain wealth

How To Create And Sustain Wealth

The process of wealth creation, though not so easy, is quite simple. Anyone who simply follows the basic principles of wealth creation shall surely become wealthy.

How To Create And Sustain Wealth

There are four basic principles for creating and sustaining wealth. These are:

I. Giving ii. Saving iii. Investing iv. Spending wisely

It is very important that we teach our children these principles of wealth creation and sustenance. If our children start practicing them now, they will become wealthy early enough and will be able to pass those wealth creating habits onto their own offspring as well.

Any time we (or our children) get money, the first thing we must do is to give at least ten per cent of the money away. Christians call this tithe, but it is not only Christians who give a minimum of ten per cent from whatever money they get. Muslims also give Zakat while others give directly to the needy or to charity.

All creations from God must give in order to be blessed. When we give, we get great blessings. It is therefore safe to say that when we give, we give for our own sake because the word of God in the bible says,

‘Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap… (Luke 6:38)

Some people think that what they have is so little and they cannot take out of it. Some even think they are too poor to give; this is not true. In fact, the less you have, the more you need to give. Why? This is because the poorer a person is, the more the person needs blessing and blessing comes from giving.

It’s not only money that we give onto God. You can also give your time and talent in taking care of the needy. For example you can volunteer your time, talent or energy to help in a charity home. God want us to love and help people. When we take our ten per cent to our places of worship, we are giving it to God. However, God does not come down physically to take the money but His people in our places of worship (pastors, ministers, missionaries, evangelists, etc.) work to carry out God’s plan here on earth. They use the money to take care of the needy and to teach people about God’s fantastic message. They spread the word of God.

God gives us life, talents and time so that we can give our time, energy and talents to help people. For example, if you know how to draw, you can give by making posters or drawing to decorate the walls in orphanages or charity homes. Such pictures can also be given to sick children in hospitals in order to cheer them up.

How can you use your energy? You can help old people to run errands or do chores. You can also help to clean up your place of worship on Saturday when you don’t go to school.

So there, start giving and start building your wealth (smile) Let me stop here until next time when we continue to talk about the principles of wealth creation. To Your Enduring Wealth!

Would you like free information on how to teach your children about money management? Your children will learn basic wealth creating principles with purpose-invented and engaging fun tools. Olakitan Wellington is a seasoned Financial Literacy Education Expert with a passion to help people create and enjoy a wealthy lifestyle. Visit her resourceful site to gain free access to financial literacy tips and resources on How to Raise Wealthy Children

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