RULE 18: Harder To Manage Yourself Than To Manage Your Money

Dr. Seye Kehinde, Accomplished Magazine Publisher

So how well do
you know yourself? Pretty well? Not at all? Vaguely?
We think we know
ourselves until we come to give up smoking, lose weight, get fit, and get rich.
And then we realize we  are lazier, have
less will power, less determination, make less effort, get too easily
dissuaded, fall by the wayside too readily.

If I wanted to
tuck you under my wing and make you wealthy, the first thing I would need to
know is: ‘Do you have what it takes to be wealthy?’ Are you determined enough?
Will you work hard enough? Will you stick at it? Do you have backbone? Stamina?
Guts? Relentless focus?’ You see, if you don’t, the chances are you won’t
succeed. I’m not trying to put you off. I am trying to make you see, that
making money is a skill that can be taught – as long as the person is ready and
willing to learn and apply themselves diligently. 


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“When I was a young struggling student, I once sold
a valuable book so I could eat. I made a direct choice between owning something
that was going to increase in value, and thus potentially make me wealthy, and
having a slap-up meal for one”.

If you decided
you wanted to win Wimbledon you
would have needed to start playing tennis when you were about five and have
been winning junior championships by the time you were fourteen. It’s the same
with money. You can’t expect an over-weight, middle-aged person to suddenly be
in the final.
When I was a
young struggling student, I once sold a valuable book so I could eat. I made a
direct choice between owning something that was going to increase in value, and
thus potentially make me wealthy, and having a slap-up meal for one. You see
what I mean? I, in essence, chose at that time anyway, to be poor rather than
wealthy. I saw the same book recently in a bookshop and, believe me; I made a
bad call that day.
And what I have noticed is that the wealthy–when
they are starting out anyway – have enormous drive and are prepared to make
enormous sacrifices. They manage themselves and forego instant rewards for
bigger payback in the longer term. Self control and delayed gratification are
useful arts to learn. 
From The Book; The Rules of Wealth by
Richard Templar
(Read Rule 19
of Rule of Wealth tomorrow on Asabeafrika)


Read-to-Wealth Series 
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