Here comes the second edition

11. You don’t become wealthy by how much you make, you become rich by how much you keep, by how much you save and invest.
Wealth is not in the accumulation but in the management. Money like a spirit, must be tied to a tree called investment otherwise, it slips away like water poured in a basket. Do not eat with your fingers. If you do, you will beg in your old age.
12. Always bear in mind that when wealth increases, expenses always increase to match it.
I have examined the spending habit of several people who increase their expenses when their pay increases. A friend of mine started with $350 in one bank. He used to buy a suit of $50 and shit of $10. Having worked for a reason period, his salary was increased to $720 by reason of promotion. He then changes his wears to $80 suit and shirts of $15. At the end of the month he has got no reasonable savings and there is no investment at all. Anyone who equals earning to expenses will live in poverty. He who earns to spend will have poverty awaiting him.
13. Don’t give or invest based on where you are, give or invest based on where you are going.
Your giving should be based on where you are going that is your dream and vision. Most people don’t understand the type of investment they should go into when they want to invest towards a business. If your goal is a short term goal, use short term investment and if it is long term goal, use a long term investment.
14. Note that until you are financially free, you are not completely free.
There are three major words that could bring financial freedom. They are: financial planning, intelligence and discipline. You are no financially free when you have $6500 in your account. You are financially free when you have got a good business that other people can invest in, property that can
Refill your purse and a good investment.
15. God does not give you what you ask; he gives you what you can manage.
If God gives us what we ask, then we will compound problems and frustration ourselves which will only lead to the grave. Thank God because he knows us better than we do ourselves.
16. Money doses not answer prayers. It answers only to giving and wise investment.
Do not pray for money. Pray for ideas because God gives ideas, success is how you make use of those ideas. Through your giving and wise investment with the advice of an expert in the field, your money adds and multiplies for you.
17. He who goes borrowing, goes sorrowing, why? Because borrowing is self slavery and imprisonment
In as much as borrowing could be good if managed wisely, we must be careful so that it won’t endanger our financial life. I have often recommended synergy in form of contribution by like minded individuals who wish to achieve goals in life.
18. Do not invest in unfamiliar waters.
We started stock trading with little knowledge and had to pay dearly for the losses we made. If you are not sure of the investment you wish to purchase, seek advice. Do not start either investment or business that you don’t have knowledge of. As an investor, I have dabbled into several investments for which I never understood their maturity period and I suffered cash crunch several times.
19. Always have it in mind that the best things in life are free. They cannot be bought with money. Examples, health, long life, integrity, happiness and peace
You cannot buy life. So money does not make you wealth. M.K.O Abiola said ‘’I count my riches based on the number of people I put smiles in their faces.
20. Believe in the power of compound interest p(I +R/100)n.
Always keep on reinvesting. It has been discovered that compounding or multiplying your investment by reinvesting the returns and capital as the 8th wonders of the word. Do not be hasty to eat return on your investment. Reinvest to multiply your increase.


Watch out for third edition.
Mark ibekwe