The wealthy and those that aggregate riches always think long term mostly. They also spend money to earn money. They learn to earn
This is a major issue with us and especially Africans.
It is time to look at the bigger picture that if you are making a small return on a legitimate investment and it is on a compound basis, you will gather a lot within a long term period.
I then encourage you to take these steps.
- Get the knowledge where necessary and make the most of it.
- Leverage or synergise with someone who has the knowledge and is doing well in that area.
- Put money away in a project that is legitimate and will give you good returns over a period of time.
- When you make profit,take some and diversify.
- Finally continue being consistent with this practice and see the results.
This is not a financial advise but financial education tips.