LEARN - EARN

Would you prefer to live in between your

means or expand your

means?

LEARN - EARN

Just a few thoughts to start with; I look at things this way > Are you aware about the proportions of your earning Vs your spending daily, monthly? I guessed so. Now ask yourself..

If you were lent 100,000($35) what would you do to double it in 10 hours?If you were lent 17Million ($6300) what would you do to double it in 10 months?If you were lent 90Million ($321,500) what would you do to double it in 18 months?…very interesting & confusing! Which lane gets me there quickest & safest?

Ease that burden!In this capitalist world it is important to be cash-smart & take note of;

how many people Vs How many people owe you owe money you money!

If this balance tips out of your favor, fight/monitor it closely with all your abilities & reverse the equation.

FAQs (Frequently Asked self-doubt Questions)

-Is it possible to double/triple my monthly income? Where/how do I start?

-What can I do to achieve that?

-I am educated in another line of work.-Where would I get the capital to utilize?

-Isn’t that business risky? It needs time.

-Supposing it fails? I have heard stories.

-What will my peers think about me?

-Do I know that line of operation?

...besides I am still safely employed.

Face it, your answers to these questions reflect your wishes, tests the size of your business perspectives & abilities for doubling/tripling even larger amounts. So, what cash choices are you making? Let’s think about the two men below who were lent 100,000 ($35) each, just to test how fast they could double & refund it.

Slow money (PERSON-A: took five weeks to double 100K i.e. slow ideas; He kept his cash under mattress & its value reduced over time! He was held back by fear, self doubt & refusal to learn & act.

Fast money (PERSON-B: needed only five hours to double 100K i.e. fast creative thinking >> He quickly buys 100 T.shirts from down-town & sells them repeatedly uptown for 1,000 profit each). His cash velocity is high.

wealth is measured in time not money i.e. the time you can survive comfortably without working for money. It is not the quantity of your cash in the bank/pocket.

I believe that your demand & supply of money should be countered by a dynamic supply of great ideas.

So, ..who is eating who?

Slow money is stable, less risky with low velocity. Fast money fluctuates, high risk & has high velocity.Slow money can be used to secure fast money.

Academic intelligence(great scholars; Doctors, Engineers, Scientists, Lawyers, etc..) varies from Financial intelligence (Rich & well-to-do traders). Money is just an "idea”. Money is a derivative of taking action on your great ideas. Pursue the great ideas, not money.

Technically speaking, Money is never yours or mine! It’s governments'! Legal tender for all.

what you buy using the money while it’s still in your hands is what you may call your property. Now ask yourself if what you intend to buy will attract more money or further expenses?

The true cost of buying an item also includes it’s cost of use, maintenance, repairs, servicing, storage etc.. (if applicable) up to point of disposal .

“Intellectuals solve problems, geniuses prevent them.” A. Einstein

PAPER Vs IDEASDon't smile too wide just because you have idle cash in the bank. Your Idle cash is a great asset to creative go-getters! It’s true value is eaten up by hidden/silent bank charges, inflation & unforeseen international events like, the impact of sudden, unpredictable Global Economic crises/ The E.U fluctuations, the 2007 bubble–’credit-crunch’.

The heavily indebted Cyprus economy almost past legislation to have all bank deposits taxed by over 6% to ease it’s E.U obligations.

In 1924, German cancelled its currency & printed new notes to fight hyper inflation; In 1987,Ugandan currency was devalued. In 2007, the Zimbabwe Dollar by 16 July officially surged to inflation rate of 2,200,000 percent (almost surpassing the Hungary-1946 record);

For salaried employees with tax & deductions at source, it implies that in total the first five months(over 41%) of your annual salaries are used just to pay taxes, loan installments, staff-group schemes & all other deductions if any.

In photo; Sweeping up the banknotes from the street after the Hungarian pengő was replaced in 1946.

Our Schools taught us about everything, . . .except the workings of money/wealth creation issues or risk exposure management. Risk is proportional to profitability. Simply

put, calculated risk determines great continuity.

The poorly informed get easily convinced into unbudgeted impulsive expenditures, unplanned-for loans/top-ups just to buy liabilities they think are assets (large houses on mortgage, huge engine cars, costly electronics & an endless flashy life style just to match-up to each peer expectation).

..Simplicity is the hardest!

The focused (rich people) buy assets which attract more assets (contractual investments like>> 'paper assets' >capital gains on bonds, mutual-funds, company stocks, Forex-trading, consultancy Co. in tax, law, marketing, education or property resale, Fast foods, rentable space, pick-up trucks for neighborhood garbage collection, retail groceries, filming, hardware or vehicle dealership, tourist mini-van guide for hire, poultry/fish/bee/mixed farming, micro-money lending, fruit juice beverages ..& other down to earth activities for starters.

2ND ASSETe.g. Salon

8th ASSETe.g. grocery shop

7th ASSETPassenger bike

4th ASSETe.g. catering

6th ASSETe.g. tailor wkshop

3rd ASSETe.g. bee farm

INITIAL EXPENSEON AN ASSET(1)e.g. poultry farm

9th ASSETe.g. money lending

5th ASSET e.g. Co. stocks

Look at this; ..I like to call it “Beautiful Chaos”! An initial investment in an asset (attracts income instead of expenses) can likewise deliver an intertwined

extension of other income generating assets. Graduate upwards from lesssophisticated projects. Thus, ..the beautiful chaos!

..Just imagine what this can do for you!

ROPERTY Re-sale

Fruit juice

Soap making

Accounts, Tax, law firm

Construction & hardware RENTABLE

SPACE

EVENTS MANAGEMENT

OFFICE CLEANERS

SCHOLAR STATIONARY

Its Something everybody knows; only a few care to invest the time to understand/learn. Sustainability is derived from having various projects/ideas expanding/working for you even in your absence/after you leave planet earth. The poor start with luxuries first, then end with saving plans last >>while the financially literate do the reverse!

ASSETS (Company stocks, rentable space, transport, saloon, take away, land resale, mixed farm, micro lending, loans (borrow other peoples' idle cash)

• Puts money into your pocket. • Repays your debts/loans.• Appreciates in value over time.• Guarantees continuity after

retirement/in your absence.

LIABILITIES (expensive car, big house, costly electronics & unbudgeted flashy lifestyle)

• Takes more money out of your pocket.

• Makes you borrow more.• Depreciates in value over

time.• You become a burden to your

offspring & It all dies with you.

Learning perspectives;• The Employee ; is given 30 fish at the end of the month (e.g. $500 salary). Is bossed around irrespective of qualification. Your Idle cash in bank is a great asset for borrowers(creative go-getters). Now think about this; ..the first five months’ of your annual salary (i.e. Jan to May/July 41%) are used just to pay taxes, loan installments, staff-group schemes & all other deductions.

• The Self Employed; learns to make a fish net to catch his own fish (e.g. can earn over $10,000). Bosses self; they are very specialized (e.g. dentist, auditor) & do their work best by themselves.

• The Business Man; learns to control the owners of large fish nets (e.g. can earn over $50,000 monthly). Boss to his staff; to attain his ends seasonally. Has the second highest “money-velocity”(i.e. the rate at which money makes more money)

• THE INVESTOR; learns how to own a whole lake full of various fish & manage expert fishermen (e.g. can earn over $500,000 monthly). Oversees the management of his lake(s). Has the highest “money-velocity”.

Fortunately, you can operate in one or more levels. Unfortunately Some people will never get to know/understand these dynamics.

MONEY WILL TREAT YOU THE SAME WAY YOU CHOOSE TO TREAT IT .

THE TRENDS; i.e. SERIES ONE >EMPLOYEE(with a static income); SERIES TWO >SELF EMPLOYED (incremental income growth) & SERIES THREE IS FOR THE BUSINESS MAN/ INVESTOR (with a great exponential income growth).

WHAT NOW?

…I like this quote;

"We always spend more than we have, on things we don't actually need, to show off to people who don't care, trying to make impressions that won't last”.

we have all the means but don't know it's true meaning. Your "Not-to-do" list is just as important as your "To-do" list.

By Byaruhanga Lincoln

+256772441323 / +256717442396