16 Essential Lessons to Learn About Money

#SkillUp #SelfMade 💰 

Master Class Financial Literacy 101.

What is your relationship with money? 

Some individuals will attend school to gain financial literacy and pursue a profession in it, while others will pick up these skills from life's challenging experiences.

Your knowledge and skills in financial matters can be honed in school, but it's your habits, behavior, application of the knowledge, way of life, etc. that will determine how successful you are financially. 

The 16 Essential Lessons to Learn About Money. 💰 💰 

1. Money doesn't stay where there's no budget.

2. Money becomes useful when there's a need for it. 

3. Money doesn't stay where it isn't respected.

4. Money isn't evil; it's people's behavior that is.

5. Money grows where it's saved and invested in realistic schemes.

6. Money isn't static in nature; it either gains or loses value. 

7. Create more value in what you do, and you will attract more money.

8. Money doesn't stay where there's chaos.9. If you can't manage hundreds, then thousands will be overwhelming, and millions will make you go insane.

10. You won't be schooled in everything about money; you have to make a habit of becoming a lifelong learner in financial matters because it is also an evolving sector. 

11. You are in the wrong group if the only thing you can talk about money is how to spend it. 

12. Money is a good friend when you have it, but once it escapes your hand, you have to find ways to bring it back to you. Be a good friend, and it will stay with you; fight it, and it will find the nearest exit.

13. Generally speaking, money doesn't change a person; it only reveals who they really are. 

14. Instead of thinking of one day acquiring the thousands or millions to do something, just do with the hundred and keep it going towards the next level. In case you don't know money is a close relative of time.

15. Stay humble : Money will elevate you to positions of power and influence in the family and in society in general. On the contrary, don't let it get into your heart and head, because the day it escapes you, it will rob you of everything. 

16. Working for money only makes you reach your comfort zone, but what creates wealth is when you have your money working for you.

To find out more about the Financial Literacy Module, schedule a Skill-Up Master Session with me and your youth group.

Related links;

https://wilsenx.blogspot.com/2018/09/personal-finance-101-at-maji-mazuri.html?m=1

https://wilsenx.blogspot.com/2017/01/are-you-living-in-full-life-cycle-or.html?m=1

https://wilsenx.blogspot.com/2023/01/financial-literacy-101-cash-flow-vs.html?m=1

Bits and Pieces +throughMylens ©2024 Wilson Masaka l Financial Diary l Life Series