Have you been told that it is spiritual to be poor, or being poor is as a result of some mythical beliefs? Well, Wealth and poverty are a result of thoughts, actions, and reactions. Building wealth is like growing a vineyard. If you are in debt, then you just had weeds (unwanted plants) in your yard. In this post, I will be explaining wealth as a yard.
We are all in a bare land with zero money. Some of us have a clean ground that we just have to start looking for seeds, while others have a lot of unwanted crops (debt) on their land. Some people decide to leave their land, to work on other people's vineyard, but the truth is, they would only be paid for the works they do just to keep them alive. When you are starting from scratch, you are either going to fall into one of this three. A person who would have to work for someone, a person in debt, or a person without any capital.
If you fall under the debt category, it is important to clear the debt just like you would clear a weed on a land. No matter how exuberant the loan is, it is important to clear them accordingly, from the one of most relevant, to the one of lesser relevance. Clearing your debt is the most important thing to do first in your financial journey, especially when it is a bad debt. If a debt isn't a business debt, it is a bad debt, and if it isn't a good business debt, then do not get into it. You should remember, that you cannot build wealth on debt.
When you are done clearing your debt, the next thing you can do is to start growing your vineyard. You can decide to work on other people's vineyard, just to be able to make money for growing your vineyard, or you can start earning seeds. Either you are working on other people's vineyard, or looking into earning seeds to grow on your vineyard, the most important thing to do is to learn what is needed to grow your vineyard. Either you are working for your money, or you are looking to earn money, it is good that you learn certain skills.
After learning these skills, it is important to grow your finance, one seed at a time, nurturing the seed until they grow to become a small plant, and a tree. From one tree, it is important to grow the seeds from the tree that is already producing fruits to be planted. If you can understand these things I spent time to write, then you can understand the little secrete of growing finance. Always ensure to keep your financial vineyard clean from unwanted debt that could smear your finance at once.