Many people grew up believing that their financial security lies in their job or choice of career. Our financial independence doesn’t lie in our profession, business or in our job.
“Your economic security does not lie in your job; it lies in your own power to produce – to think, to learn, to create, to adapt. That’s true financial independence. It’s not having wealth; it’s having the power to produce wealth.” – Stephen Covey
Yes, when you have the knowledge, the power, the determination and the understanding to create wealth, you will definitely become successful and financially independent. Your wealth if well established and managed, will become stable, and you can pass it to the next generation; thereby creating a generational wealth.
This will help to cement the economic security of your generation and your next generation will be well secured. It’s very necessary to leave a good financial legacy for the people coming behind you, and that’s one of the best ways to eradicate poverty or to reduce poverty levels to the bearest minimum. Your attitude towards wealth building or wealth creation will determine how well you can handle economic security and sustainability.
This is the best kind of financial legacy to leave. Money is wonderful, but attitude is everything.
Robert J. Shiller, an economist, further made us to understand that; “finance is not merely about making money. It’s about achieving our deep goals and protecting the fruits of our labor. It’s about stewardship and, therefore, about achieving a good society.”
I totally agree with him, because If your labor or ideas matter to others, you’ve found the right way to make money for future generations. And you will remain very successful in life. Success is primary, but making money can be secondary and a “consequence” of hard work.
Hard work is the fuel you need to pump into your goals, visions, ideas and the result if you are good at identifying opportunities and keying into them intentionally and smartly, you’ll become successful, financially stable and independent.
I hope you have seen reasons to know what you can do with your talents, time, your GOD’S given potentials, gifts and how you can enhance them to produce sustainable wealth.
