5 WAYS TO ENSURE AN INCREASING NET WORTH

5 ways to ensure an Increasing Net worth

Everyone wants an increased net worth. Except for those who are not clear on why they are on earth. I have heard numerous reasons why God put us here but none of these reasons compare to increasing your net worth.

It’s true, God created us for His pleasure and in return, we need to appreciate Him for life. But how can a poor man appreciate Him in truth?

When your net worth increases, it is very easy to appreciate God. Then, you can bless the Lord with your substance, pay your tithe, help the poor and do other things that will put a smile on God’s face.

If truly you are clear on why you are here, then this article is for you. 

I introduce to you 5 ways of increasing your net worth.

1.      1. Separate emotions from finance

       Sir/Ma, if truly you would want to increase financially, you must be more than willing to shed off the weight of emotions. This is simple to read but difficult in practice. It takes determination, commitment and ruthlessness to achieve. 

For you to increase your net worth, you must not care about your emotions while saving and investing.

There are various thoughts that come to mind while saving and investing. There are various feelings when deciding when, how and what amount to save and invest. At this point, you need to shun these thoughts and emotions. Do what you must do to see the results you expect. 

2.      2. Be Frugal

Frugality is the bedrock of constant net worth increase. You must be frugal in spending. You must only spend on things you need, on things you cannot do without. And spend to earn. Your motive should be - “if it ain’t making me more money, I ain’t wasting money on it”

3.      3.  Be content with little

Contentment is a major key to opening the windows of heaven in the future. If you cannot be content with the little things you have, pretend to be. Do not let reality shows on tv fool you into living beyond your means. You must live below your means. Be contented with the little things you have to help meet your needs. You should not invest in wants if truly you want an increased net worth.

4.      4.  Fast

You must be willing to fast at least once a week. As for the Winners family aka Living Faith Church (LFC), we fast every Wednesday.

Apart from it being a benefit of cutting cost and increasing your net worth, it is healthy for your body. You should deny the flesh food sometimes to have a very clear mind.

5.      5.  Invest your savings

You don’t just save to increase your net worth. Mere saving without investing is an epitome of suffering that eventually leads to frustration. If you only save without investing, it will take very long before you realize your financial goals. 

You must be willing to save and invest. You must be willing to save part of every profit from your investment to re-invest again. This is the chief way of increasing your net worth in time. Creating streams of income.

Based on experience and numerous stories of from rags to riches, I can assure you that commitment to these 5 ways briefly explained above will increase your net worth in time.

Thanks for reading and please share with friends and family.

They don’t teach these in school.