Comments on: How to Grow your Money. http://www.deoluakinyemi.com/how-to-grow-your-money/ Daily Motivation and Development for People and Organizations - ASE Fri, 10 Feb 2012 19:05:31 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: OMOZELE http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-35060 OMOZELE Wed, 17 Jun 2009 15:32:39 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-35060 financila literacy is really the cure to poverty. this is one area that our curriculum do not cover. what we were taught in school is get a good grade,get a job and work buit we werent taught how to make money work for us. we werent taught how to be independent. financially.this is a nice work sir. keep the fllag flying. financila literacy is really the cure to poverty. this is one area that our curriculum do not cover. what we were taught in school is get a good grade,get a job and work buit we werent taught how to make money work for us. we werent taught how to be independent. financially.this is a nice work sir. keep the fllag flying.

]]> By: Felix http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-12201 Felix Sat, 03 Mar 2007 00:37:39 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-12201 beatiful, it is just a summary of the richest man in babylon, i recommend that to everyone who wants to know the value of savings. beatiful, it is just a summary of the richest man in babylon, i recommend that to everyone who wants to know the value of savings.

]]> By: Bayuze http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-971 Bayuze Sat, 09 Dec 2006 01:38:29 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-971 SAVING! is the first step to achieving one's financial goals. I have heard a lot about saving at least 10% of one's income, i wonder where it originated from? (my guess is one of those numerous books we read!) BORROWING! Hmmm! I don't entirely agree with it unless its of a necessity (eg an emergency) Losing all your savings in a deal gone sour! Hmmm! that's disastrous. It could be life changing, well whatever one will be brave enough to throw in one's savings must have been thoroughly researched to be sound & watertight, tho' in bizness nothing ever is. SAVING! is the first step to achieving one’s financial goals. I have heard a lot about saving at least 10% of one’s income, i wonder where it originated from? (my guess is one of those numerous books we read!)
BORROWING! Hmmm! I don’t entirely agree with it unless its of a necessity (eg an emergency)
Losing all your savings in a deal gone sour! Hmmm! that’s disastrous. It could be life changing, well whatever one will be brave enough to throw in one’s savings must have been thoroughly researched to be sound & watertight, tho’ in bizness nothing ever is.

]]> By: Luminus http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-934 Luminus Thu, 07 Dec 2006 10:51:14 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-934 Deolu, I feel that. It's not enough to just throw money at it. If you're actively involved in the said business, you'll be a part of the decision making force and having at the back of your mind that your life is tied to it, you'll think twice, thrice even about stuff before you go out and do it. Funny though how the issue of borrowing crept into this 'cos I think Emmanuel was talking about borrowing the book not about borrowing money...lol. Deolu, I feel that. It’s not enough to just throw money at it. If you’re actively involved in the said business, you’ll be a part of the decision making force and having at the back of your mind that your life is tied to it, you’ll think twice, thrice even about stuff before you go out and do it.

Funny though how the issue of borrowing crept into this ‘cos I think Emmanuel was talking about borrowing the book not about borrowing money…lol.

]]> By: Adeolu Akinyemi http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-928 Adeolu Akinyemi Thu, 07 Dec 2006 09:43:24 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-928 Hmm...well said. I think though that if one wants to put all his savings in a business deal, he should make sure that he is also actively engaged in that business deal (a.k.a guard it with his life) Hmm…well said.

I think though that if one wants to put all his savings in a business deal, he should make sure that he is also actively engaged in that business deal (a.k.a guard it with his life)

]]> By: Stephen Ojji http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-925 Stephen Ojji Thu, 07 Dec 2006 08:02:13 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-925 Deolu, in your quick tips you mentioned diversifying one's fund and anyone who chooses to put all his eggs in one basket should literally guard the basket with his life. So if one still decide's to puts his life savings in a business deal and loses it hmmmm...I think thats a hard experience. But all the same its not the end of life, he should make sure he falls looking up because if he can look up, he can get up. Deolu, in your quick tips you mentioned diversifying one’s fund and anyone who chooses to put all his eggs in one basket should literally guard the basket with his life.

So if one still decide’s to puts his life savings in a business deal and loses it hmmmm…I think thats a hard experience.

But all the same its not the end of life, he should make sure he falls looking up because if he can look up, he can get up.

]]> By: Adeolu Akinyemi http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-917 Adeolu Akinyemi Wed, 06 Dec 2006 21:45:13 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-917 Hmmm all, what happens when you put all your savings in a business deal and it goes agog? Just asking...I've seen this happen. Hmmm all, what happens when you put all your savings in a business deal and it goes agog? Just asking…I’ve seen this happen.

]]> By: Daniel nwachukwu http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-895 Daniel nwachukwu Wed, 06 Dec 2006 06:05:33 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-895 I dont see anything wrong in one borrowing money,especially when it is petinent that one start off that way.besides debo emmanuel was stressing the need for one to read that book. Not like am encouraging borrowing but i think we shouldnt shy away from it when the need arises. I will like to meet u emmanue,my id is-dannycares_4u@yahoo.com I dont see anything wrong in one borrowing money,especially when it is petinent that one start off that way.besides debo emmanuel was stressing the need for one to read that book. Not like am encouraging borrowing but i think we shouldnt shy away from it when the need arises. I will like to meet u emmanue,my id is-dannycares_4u@yahoo.com

]]> By: Gbubemi http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-876 Gbubemi Mon, 04 Dec 2006 19:11:33 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-876 That's the way to go! I'd embraced a savings culture ever since uni days, even before whilst in sec sch but for a long time, the money just sat in my savings account, depreciating no thanx to our "growing" economy. Now, I've discovered other channels of making my savings work for me. The important thing is to mentally separate the % one wants to save (no less than 10% I agree) and then, it's a lot easier to remove it in the physical. The seed saved is what will bring the harvest, I totally agree.. That’s the way to go! I’d embraced a savings culture ever since uni days, even before whilst in sec sch but for a long time, the money just sat in my savings account, depreciating no thanx to our “growing” economy. Now, I’ve discovered other channels of making my savings work for me. The important thing is to mentally separate the % one wants to save (no less than 10% I agree) and then, it’s a lot easier to remove it in the physical. The seed saved is what will bring the harvest, I totally agree..

]]> By: oluseye http://www.deoluakinyemi.com/how-to-grow-your-money/comment-page-1/#comment-875 oluseye Mon, 04 Dec 2006 18:55:08 +0000 http://deoluakinyemi.com/2006/12/03/how-to-grow-your-money/#comment-875 Every succesful company anywhere in the world have budgets, and you'll be shocked at how hard they keep track of it, if its not budgeted for (except in extra-ordinary circumstances), they dont spend money on it, i think individuals should be that ruthless as well to spending, the reasons those companies declare huge profits and pay their share holders massive dividends is bcos they spend less than they generate as revenue, thats the beginning of wisdom, i heard a quote once from Jim Rohn, it goes thus, "economic disasters start with a philosophy of doing less and expecting more, very true. Every succesful company anywhere in the world have budgets, and you’ll be shocked at how hard they keep track of it, if its not budgeted for (except in extra-ordinary circumstances), they dont spend money on it, i think individuals should be that ruthless as well to spending, the reasons those companies declare huge profits and pay their share holders massive dividends is bcos they spend less than they generate as revenue, thats the beginning of wisdom, i heard a quote once from Jim Rohn, it goes thus, “economic disasters start with a philosophy of doing less and expecting more, very true.

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