Five Stages Of Money You Should Follow

Money has rules if one would want to have it and have it for long. Money is one of the things that rules this world and like some people will say "Money is everything". Even though I would want to disagree with that statement, there are some truth to it.

woman-3261425_1280.jpg
Image source

Money can't buy life but it can prolong life, money can't buy a peaceful sleep but can buy you a bed, money can't buy happiness but it can buy any material things you need, money can't buy love but can ignite a love.

You can disagree or agree with me, that's just my thought on how powerful money can be even though it isn't everything. With such reasons, we see why it's important one follow the right steps to having money and having it for a long time.

Money has stages from some studies I've done. When you miss a stage, you might be getting pennies or nothing at all. But following the stages of money, one is bound to opportunities that would guarantee more money in the future.

achievement-18134_1280.jpg
Image source

Making The Money

Of course, the first stage would be making the money. Nothing is too small to start with. Get something started once an idea comes in, avoid procrastination. Money comes to those who utilizes their ideas to earn and also teach others to earn.

Don't be bent on making it big at once so that when failure comes in with initial trials, you won't fall back to poverty. Instead, start little but of course, you're free to dream big and add in the work to achieve it.

Saving The Money

I have a friend who has the mentality of "Spending as the money comes" and he has always had a time when he was so broke that he couldn't buy water for himself. Making money doesn't guarantee you to spend as you like and that is because money has stages you should follow to keep it for long.

Try to save more as you make the money, avoid going for things you don't need and instead, go for what you need... Others will come in later when money starts working for you. Spending freely when you're yet to gather enough money is you putting your future wealth to complete loss.

Investing The Money

This is one way to save your money if you would research very well before making any investment with your money. Your money should work for you and not the other way round but it needs to follow process "You've got to work for the money first".

Make the money, save up while you continue to make more then start making investments with your saved money... Money you don't need anytime soon, money after removing your self payment money and emergency funds (I'll write more about why you should have emergency funds soon). Invest with money you don't need at the time of investment till you get your profit.

money-6163908_1280.png
Image source

Multiplying The Money

If you follow the other stages before this, this would just be a continuation because having more investments as you earn more money would mean you're multiplying your money. Money shouldn't be saved in a hole of no growth.

Try explore good investments adventure, grow your money to work for you and get used to you. Money stays with those who work hard for it, no doubt about that. Multiply your money by learning more ways to.

Maintaining The Money

This should be the easiest part if you follow very well the other stages but it can also be the most difficult part when money gets into one's head. A friend of mine would say "I have enough money to live life as I want, no need investing more". Another said, too much money can take away one's wisdom if not treated with caution.

Learn to maintain your money when you know you've earn so much already, no need to be greedy but maintain what you have and what you're earning... Your money will live with you.

These are the stages of money I studied, you might want to add something for me to learn from you as well... I'll appreciate that.

Thanks for reading!!!

Posted Using LeoFinance Beta



0
0
0.000
20 comments
avatar

Electronic-terrorism, voice to skull and remote neural monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. Many of the platforms for hive and steem are trying to silence me so they can do this to YOU. Please follow this link. The community isnt safe HERE if you cant click on this link. https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem ...OR THIS LINK... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

0
0
0.000
avatar

I believe life has stages and one needs to follow those stages accordingly. Same with money which you have highlighted. One would remain poor if ever they miss following any of these stages. We should grow our financial abilities. Thank you for sharing.

#TeemTengo, how is your morning exercises going? Did you remember to observe that quiet time? Drank some water this morning? If yes, great. You are already getting to earn a gold star already. I wish us the best of the day 🥳🤗🤗

0
0
0.000
avatar

Awww thanks
I just got up from bed now because I was up all night... I'm surely gonna get today's star 🥰

0
0
0.000
avatar

This is so true. Money is valuable but the more you try holding it to yourself,the more you lose it.

Thank you so much for sharing this piece with us.

Make sure to encourage your teem and others and also do well to drink water and observe your quiet time.
Go teem teng's ❣️❣️.

2N61tyyncFaFc5ntfuipfg8oUptKPSKgdk8JMWeKr1AoqpQAqdWZWvLdRuuKjVASLjDt3MwXkFo2sfakFQCQYrJPxUqER9csVdm1GG6kaBtArkoFbhTTibdZsTo5KwjnLw8QMwQ1agyt.png

0
0
0.000
avatar

This banner gives me some kind of joy 😂 feels like I've gotten today's star already... Thanks Teem Hope 🤪

0
0
0.000
avatar

You're welcome dear, I'm happy it's giving you joy.

0
0
0.000
avatar

Amazing! Thank you very much for this enlightening post. I have gotten down new tips.

As a part of the Encouragement program, I want to remind you that you can achieve whatever you set your mind to. I see you taking that Gold Star already.

LOVE,
TEEM FIERCE ❤️


20220411_192353_0000~2.png

0
0
0.000
avatar

If there is one part that could prove difficult sometimes it's the money maintenance part.🥺

It's that part I am mostly worried about worried 😩.

But I do know that if I change my mentality about sustaining and maintaining money I'll do good with it.

Thanks babe for sharing these money values with us . I hope you've had your physical activity done and that must have prompted you to drink lots of water as a result of the dehydration? If you haven't, I am encouraging you to do so, that way, you can earn a badge today😉💚💚

teemHOPEencouragerbanner (1).png

0
0
0.000
avatar

Please do change your mentality dear 😉 you'll do great for sure.

I've done that, I think I drank too much water 🤣 but don't worry, I'll be fine soon and I'm gonna get my star 💪

0
0
0.000
avatar

I’d bet serious money that you don’t have any form of budget. At a minimum, you need to know where your income is going. Your first step to saving money is to write down where your money is going. Some of these expenses, such as housing (rent or mortgage), car payments and cell phone bills, are likely to be constant, or nearly so. Other costs, such as discretionary spending for things like restaurant meals during the week, are likely to vary. These are also items you can control—and, in some cases, eliminate altogether. This is the important note that my mom always does and it work. Also thanks you for sharing us.

0
0
0.000
avatar

Really cool notes from your mom, thanks for sharing them here 😊

0
0
0.000
avatar

I want to disagree not to agree, my dear friend in this world we are in presently money is everything I repeat money is everything. I can relate when you said this ;

Money can't buy life but it can prolong life, money can't buy a peaceful sleep but can buy you a bed, money can't buy happiness but it can buy any material things you need, money can't buy love but can ignite a love

All these I can agree to an extent, if you are in Nigeria you will know money is everything. Gone are those days when you say “Money is not everything” this days money is everything even the church teaches it sometimes. So money is everything you writing this don't you need money. Lol am sure you do my holy grail in all these said is Money is everything and once again a very lovely content.

0
0
0.000
avatar

😂😂😂
Someone doesn't agree with me o
I understand all you said, things are taking turn in changes

Thanks

0
0
0.000