Expert -The easiest but not short cut way to becoming wealthy is by guarding your time with a lot of strictness. Time is delicate. Time is the number one sure tool that can create or destroy your life.
Any single second lost is hard to be recovered and that is why it is very important to make sure you do not waste time on things that may waste your years on earth. Time is valuable and once gone, can’t be recovered in any way.
Now, why is time regarded as highly valuable in life? The answer is simple. Time is used to create wealth. Spending your time drinking from morning to evening even if you are rich doesn’t add any value to you. But time spent learning a skill or running a business is not gone into a waste.
Look, a person who likes jumping from one club to another and another one who spends time investing are two different people. They will also have different outcomes or results. This is self-explanatory.
You have definitely heard out there people say ‘time is money’. Yes, time is money. Once you waste your time on earth, you can’t be rich either. Make use of any small earnings you have, even if it doesn’t amount into much, take apportion to your investment plan. Create wealth by investing a shilling somewhere for a rainy day.
And make sure you are not confusing investment with savings. Savings hardly fetch interest; on the other hand, investments bring in profits. So consider the latter and which all richest people around the world use daily.
The positive side of money well-invested is that it works for you. Any amount of money you invest or reinvest creates you an additional wealth.
To earn from compounding interests, consider investing in Money Market Fund MMF which is a service that is available with many stock brokers and banks.
You can start with as low as sh 1000 to invest in MMF; meaning you don’t not have a defence not invest in this market fund.