RULE 20: You’ve Got To Have A Plan

Hajia Zuwaira Gambo Abuja Based Politician
Why are a fool
and his money so easily parted? Because the fool doesn’t have a plan; if you
don’t have a plan you’ll be tempted to fritter your cash away, spend it instead
of investing, or forget the new business idea or career move. If you have a
plan you know exactly what does and what doesn’t fit into it.

The last Rule
helped you work out where you are now, and you already know where you’re going
(your objective). The plan gives you the important bit – how you are going to
get there. Back to the Robinson Crusoe
analogy, once he had been shipwrecked and taken stock he made a plan. ‘I’ll
need a shelter to keep warm, some food, and something to do.’ And he set about
building a thatched shelter on the beach, which of course got blown over in the
first gale and he had to retreat inland to a cave. You see, even the best plans
have to be open to adjustment. 


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“That’s why I like writing books – even while I
sleep there is a bookshop somewhere that is selling books for me. In fact one
of the fundamental truths about getting rich is that wealth – real wealth – comes from doing deals,
not from earning wages, salaries or fees”.

First things
first; If you have a job you love and are happy then you’ll probably want to
stick at it. If it doesn’t make you enough money, you need a plan to generate
income another way. If your job is making you miserable and what’s worse
keeping you in poverty trap then you must prioritize getting out of it in your
plan.
Your plan should
involve taking financial control of your life. If you have debts, it will
definitely include tackling these as a priority, ditto spending excesses. The
plan might involve a career change, investigating a business idea, investing
money or generating some capital so you can enter the buy-to-let market. It may
well include selling things. A lot of money is generated through selling things
– whether it’s a product, a service or your time and skill. That’s why I like
writing books – even while I sleep there is a bookshop somewhere that is
selling books for me. In fact one of the fundamental truths about getting rich
is that wealth – real wealth – comes from doing deals, not from earning
wages, salaries or fees.
As General Patton said, ‘A good plan today
is better than a perfect plan tomorrow’. Whatever the plan includes, just make
sure you have one, and that you stick to it. Don’t worry; the rest of this book
will give you lots of ideas as to what your plan could contain. Just remember:
never sit back and wait for somebody to give you money – ever
From The Book; The Rules of Wealth by
Richard Templar
(Read Rule 21
of Rule of Wealth on Monday at Asabeafrika)

Read-to-Wealth Series 
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http://www.proshareng.com/

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