Some Principles For Multiplying Your Money

in #money7 years ago (edited)

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Most of us here on steemit always experience financial surplus but still when we check,we are broke..

You have to always set aside money for breeding purposes...if you ran a chicken farm and killed it and ate all your chicken,you would not have any left to keep going.. You should start a money farm.your money will breed,you can then reinvest some spend some..

Why is a man and his money so easily parted
Because the money the man does not have a plan.

If you dont have a plan you will be tempted to squander your cash away,spend it instead of investing or forget the new business idea. If you have plan you know exactly what does and what does'nt fit into it.

Your plan should involve taking financial control of your life... You may well have enough money but it leaks away before you get to spend it,in a whole variety of ways;taxation,not invested properly ,too much being spent on the wrong things. Before you can control your finances you have to stop the leaks..

The plans might involve a career change, investing a business idea,investing money,or generating some capital so you can enter the buy-to-let market. It may include selling things a lot of money is generated through selling things, whether its a product,a service or your time skills....

Another way to multiplying your money is by Ministering it...

Ways of ministering your money include:
1)Giving money to the less priviledged and those in need.it is an important principle in financial prosperity because it has a multiplying effect on wealth.
2)Giving for the purpose of improving and the advancing the house of God....

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I like your concept of "breeding money." I've never thought of it like that before but it is very true. The worst is when you are in debt. Then your money is breeding with someone else!