Are The Big spenders Really The Top Earners?

We live in a society, where we judge people's net worth by the amount of money they spend. This is not correct (in GEJ's voice).

We tend to calculate a person's bank balance by the number of bottles he pops in the club, cars, or area of residence and the stamps on his or her passport. I'm sure most of us have met people who we feel are so rich, they have really nice cars, live in tush places and are quite generous, then after some time they are broke. When this happens, we start blaming innocent villagers.

When you spend all the money you make, you are not rich, you are pre-broke. That is not a good place to be. For Instance, Obi made 10 million naira from his first deal, He goes out and buys a 5 million naira car, moves from his 500k a year Lokogoma house to a 2 million a year service apartment in Maitama extension. Pops a few bottles for his Barbies and goons twice a week at an exclusive club for a month. Then gives his mum lets say 500k for her upkeep and that of his younger siblings, he is a family guy jor. Lets not take that from him lol. Biko my brothers and sisters, how much does he have left? Zero! The hustle continues.

If Obi was wise, or didn't have hailers, he could have put back some of the money he made into a business, which would increase his net worth, saved some of the money and may be remained in his old apartment. I'm not saying don't enjoy your money, but when you are starting up in a business, you have to be broke for a little while. You have to grow your money, if not, you will work for the rest of your life. There are some really rich young people you won't even know have a dime. They are not on instagram showing off, you won't see them in clubs every weekend, but their net worth speaks for them.

This article is not just for the people who their money come in millions, those of us who still earn in thousands are not left out. if you get 100k today and finish it today, how on earth will you become a millionaire? I can't overemphasize the importance of putting aside at least 10% of every money you receive and reinvesting it. You can't be dreaming of Forbes while living a pre-broke lifestyle.

Today, take out some time and reflect on how you spend your money, who you spend it on and check if tomorrow, something happens, if those people will be there for you and if the bottles you popped in the club will sustain you. I guess not. Secure your future today, find yourself a good mentor, save your money, invest wisely and pray. The hustle will pay!!!!

p.s: Obi is just a boy, i don't know him, neither do you. hehhe

Xo
Adanna Elechi
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