Increasing Wealth

Is to be wealthy everyone's dream or everyone's problem? I say it is both. It is a dream because nobody wishes otherwise; and it is a problem because to get there is easier said than done.

One statistic shows that in every sixty-four (64) persons who aspire to get wealthy, only one person succeeds. That is a .015% chance of success. It is funny the word "chance" was used in the preceding sentence because "chance" may be misunderstood as the only reason why one gets rich. Moreover, "chance" may be construed within the same context as "luck" or "destiny". But in order for somebody to make a difference, the word "chance" must be interpreted within the same lot as "opportunity" and "choice".

Last Monday, I went to a seminar which aims to financially educate those who were in attendance. The purpose of which was to enhance one's financial intellect. In the first place, what is financial intelligence? According to Wikipedia, financial intelligence is the knowledge and skills gained from understanding finance and accounting principles in the business world. From the definition alone, it is apparent that to gain the same, one must be familiar with the technicalities involved in accounting and finance. And it is axiomatic that one can never be able to master the technicalities of one field without knowing the elements and fundamentals thereof or the basics, so to speak. The seminar was just that, a presentation which highlights the basics of financial management.

I am grateful I attended the seminar. My time was not wasted considering the amount of financial knowledge I gained therein. The most important was discipline. Discipline in oneself to stick with his conviction to improve his financial status. Once a person is able to maintain discipline in himself, all things which can be learned as skill will free-flowingly follow. For it is written in the bible that "Poverty and shame come to him who neglects discipline." But one must be careful as not to let his success get the best of him because when pride comes, then comes dishonor.