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Charting The Course To The Future

Tuesday, 31 October 2017

FINANCIAL SUMMIT WAS A SUMMIT!



Saturday, 28th October, 2017 will go down in history as one of the most expository day for those who were present for the Jenta Reads Financial Summit.
The Resource Person, Mr. Emmanuel Peter, began with the need for creating a financial plan.
“We take years to plan for our careers, we devote month in preparation for wedding festivals and we take several hours to plan for a lot of important things but we never take time to plan for the most important facet of our lifes-finances” he said. “Our finance determines the kind of life we live, it remains true that money is a vital prerequisite for a successful life. Money is what place you into the rich or poor category. The only thing we get for free is oxygen, even at that, sometimes oxygen becomes the most expensive commodity”.
He went on to highlight Seven Points curled from the Richest Man in Babylon by George Classon (Available in Jenta Reads Community Library).
1.       Start thy purse to fattening.
2.       Control Thy Expenditures.
3.       Make thy gold multiply.
4.       Guard thy treasures from loss.
5.       Make of thy dwelling a profitable investment.
6.       Insure a future income.
7.       Increase thy ability to learn.
Lessons were drawn from the stories of John D. Rockfeller, Bill Gates, Rick Warren and other wealthiest people of the earth.
“I do not believe that you ought to save. I believe you should invest. Investment is different from saving. You save and your money is not multiplying, when you invest your money works even in your absence. Invest your money, don’t just save”.
He concluded that “Financial stability is a long term goal. You plan for it today. Don’t wait until you have retired before you start planning for your financial life. Every day you need money, till the day you are no more and for all of these days, you should have a plan on how to respond to this quest of money.”

Financial Freedom is one of the missions of Jenta Reads Initiative. Jenta will outlive the status of being a slum when everyone is financial independent. 

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