Investment advice is readily available and easily accessible. The reason we struggle financially is not due to lack of financial knowledge, but a lack of financial discipleship.
Wealth building is simple, but humans have a knack for making simple things complicated because of the need to look like it requires genius to do the most mundane activities.
The first step is to actively take care of your health. To stay healthy, ingest just enough for your activity level and use your largest organ to expend as much waste as possible – sweat more. No matter how much wealth you build, ill health can undermine it all. Never forget.
The second step is to live on less than you earn. Less is more, without compromising your health. The starting point is to earn. Once you have an earning, there is no excuse you should accept on why you cannot live on less.
The third step is to invest the excess in what you understand, not what is trending. What you understand, is not what you think you understand, but what you have built enough antifragility into, to manage the VUCA (Volatility, Uncertainty, Complexity, Ambiguity) that always prevails.
Lastly, allow compounding work for you. Learn to wait. You are not waiting for the best time to profit, you are waiting for the time of real need.
– Osasu Oviawe