Ask of Me, and I will give You the nations for Your inheritance, and the ends of the Earth for your possession.
Usually, for most persons on the Earth, even for believers, there is that tendency to fear when the financial resources of the home are running low. The uneasiness gradually worsens when there is no planned or expected source from which the spent monies would return to the house. For this group of persons, it appears as though they would continually need to work, earn, and live to live on the Earth. This reality can be highly burdensome, especially when they have a lot of financial responsibilities that they cannot just walk away from.
This is the lifestyle of numerous persons all across the globe, they are hardworking, but they still have little progress to show for their efforts. Year in year out, they plunge themselves into getting more things done. They work harder at their jobs, save harder, plan harder, strip themselves of the many luxuries of life, and yet, they remain in the same old sequence of working non-stop for the bare necessities of life.
How To Break Financial Hardships
How do you solve this “familiar” problem, and what could be the possible solution to your financial predicament? You might feel that you are battling an undefeatable enemy. Still, in truth, this problem is resolvable, and your finances can be set straight regardless of the level you think you are at currently. All you need to do is pay heed to all the life-changing nuggets we will share with you in the following paragraphs.
- Getting Things Right In Your Mind.
We shall start on this life-changing adventure from your mind. But why, you might ask? Because all battles are won or lost firstly in mind. Therefore, if you can change your mind about financial hardship, 50% of the battle is won. Now, is financial prosperity attainable? Yes, of course, the fact that some persons are successful legally is enough to convince us in this light. Since financial ease is attainable, who can achieve this feat? Anybody, of course. You might want to argue otherwise, but evidence from history supports the fact that even those from lowly backgrounds can become financially relevant in life.
The likes of oil magnate John D Rockefeller, George Soros, Larry Ellison, Oprah Winfrey, e.t.c goes to show that even from nothing, you can rise to a place of financial prominence. So indeed, a lowly background is no disadvantage to a mind that has resolved to succeed. Also, God is on your side. It is His will that you prosper; God is not punishing you for your sins. You are not the Biblical Job, and you indeed do not have to pretend to be him. Scattered through scripture, we see that God is eager on his part to give us the wealth of the nations. He delights in giving us the desires of our hearts; the least we are expected to do is receive the blessings that he pours onto our laps.
- There Are Financial Principles To Play By
Nothing on this Earth runs solo; everything is interconnected in some fashion. This is why physicists speak of laws, the law of gravity, the law of motion, cause and effect, etc. From their logic, we can see that results are consequences of actions. Thus, you would be devoid of results if you took no action. Consider this example, if you should leap off a story building (the action), a fall is (the consequence). The results follow the effort, and you do not have to pray before the result comes naturally. If you decide to sit still with no job, you will remain in poverty. Only when you go all out to work can you count on earning something. Consequently, we mean that to break financial hardship, you need to work, which is non-negotiable.
Having accepted that working is a non-negotiable factor in breaking financial hardship, you need to work in the right way. What do we mean by this? It means that you need to employ the principles of modern-day commerce. This highlights the importance of going for knowledge. Thriving in business equates to acquiring quality business knowledge. When you seek knowledge, things will become easier.
- Saving Is Pertinent
Acquiring knowledge in commerce would reveal to you that saving is as significant as spending what you earn. Saving is paying yourself first before paying the systems around you. As a rule, save up a tenth of all you earn. This amount, when summed up, can be used to expand your financial base in the future. You could start up an extra income stream with that sum you have saved consistently. Saving also spares you off borrowing inappropriately, and just for your knowledge’s sake, it is a terrible habit to count on loans to start a new business. You must avoid borrowing at all costs because supposing things go wrong in the new trade, you would end up poorer than you started. Not only would you be in mourning for the loss of a novel business, but you would have succeeded in incurring debt, for all these reasons saving is critical.
- Research And Understand The Trade
Also, you must never invest in any trade you do not truly understand, and this principle will save you from throwing away your savings. Please do your research and document the terms of the business before making any investment by yourself or with any individual, no matter how trustworthy they appear. You must never mix up your personal funds with your business fund. Treat your business and your family fund as separate entities, and you can minimize your losses if the business goes wrong.
- Consistency Is Key
In breaking financial hardship and any other cause that would be worthwhile in life, consistency cannot be overemphasized; you need to continue at it. Supposing you now have a job and began to save and engage all other financial principles you sought, that is not the end. You would still need to keep learning more, saving more, researching more, e.t.c it might take some time, but eventually, you would be able to break the bonds of financial hardships over your life.
Financial hardship can be fought and defeated irrespective of your economic class. Believe in your mind that God has given you the power to make wealth, engage the economic principles, save and save some more, research the business of your dreams, and stay at it.