The true wealth of a nation is its productivity. And since people make up a nation, the wealth of nation is the productivity of its people. In principle.

WealthWiseCompany Set up automatic transfers from your main account to your savings account on payday. This way, you save before you have a chance to spend, making it easier to stick to your financial goals. Start small, as you get comfortable, gradually increase the amount.

Have something in the works with ABASA FARMS for the podcast ANTICIPATE Be ready to learn about; 1) Sacrifice 2) Resilience 3) Patience

The envelope system helps control overspending. It's like having a physical 'spending limit' for each category, making your budget visible. This helps you make mindful spending decisions. When the envelope's empty, it's a clear signal to stop.

A great way to motivate yourself is to set goals with close friends. We tend to enjoy activities with friends more, hold to standards when we have other people to hold us accountable, and often benefit from having people with similar goals around us.

Assets: What puts money into your pocket liabilities: What takes money out of your pocket. Assets= Own it Liabilities = Owe it

Stocks are kind of like monopoly , but in real life, and instead of just property, you get to buy actual businesses. It’s not about hoping for lucky dice rolls, it’s about becoming a genuine part owner. And, instead of getting $200 for passing GO, you might earn dividends.

When investing, it’s key to think like an owner, not a player. #bewealthwisepodcast #getbetterwithmoney #bewealthwise #money #stockmarket

If you don’t have systems or institutions that allow change through consent you de facto have chosen change by violence

📣 Episode 4 of #EntrepreneursTable is out! Meet Josa Oni: writer and purpose-driven entrepreneur. Learn about: Turning creativity into a career The power of networking Balancing multiple passions Tune in: [open.spotify.com/episode/3Jxv0J…]

It was a really wonderful conversation with Josa who's a mentee of Andre Spence and host of The Life Room (A place where young black men in the UK gather round to discuss the challenges that come with being who we are.) Kindly tune in here: [open.spotify.com/episode/3Jxv0J…]

Ever wish you could get paid for just owning something? That’s basically what dividends are! It’s like rent from a tenant except instead of property, what you own is a piece of a business. And in this case the better the ‘tenant’ does, the more ‘rent’ you might get.

Bonds are your chance to play banker without a suit. You lend money, sit back, and watch the interest roll in(provided you buy bonds of stable companies or reliable governments). They might not be as exciting as stocks, but they provide steady and reliable income.

REITS are your ticket to the real estate game without becoming a landlord. It’s like owning a slice of many properties at once without the headache of fixing leaking taps or chasing rent. You get to invest the easy way while the professionals handle the rest.

So you know REITs help you invest in real estate but, what are REITs? REITs are companies or group of companies that own and manage income producing real estate properties. They allow you to buy shares in large-scale real estate projects, similar to buying stocks in a company.

Compound interest is the 8th wonder of the world - Albert Einstein(Allegedly). Compounding is like rolling a snowball down a hill. You can start with a small snowball and as it rolls it gets bigger and faster. Start at the top of the hill (Invest early), future you says THANKS.

Dollar-Cost Averaging is your financial cruise control and shield against market mood swings! 🚗🛡️ Markets go up and down, but DCA keeps you steady. It's like being the Zen master of investing - you keep putting in the same amount, regardless of what's happening around you.

Over time, this can help reduce the impact of volatility on your portfolio. Plus, it takes the emotion out of investing - no more stressing about 'best times to buy'! Consistency is key in the investment game! So set it, forget it, and keep moving towards your destination!

You know that thing I said I had cooking with ABASA FARMS? It's Ep 5 of The Entrepreneurs Table and its now available hot and ready: open.spotify.com/episode/0ycXzd… From how the industry is structured to smart cost control strategies, this episode is packed with insights.

Key takeaway: You don't have to innovate or do something novel always, sometimes you just copy what works. Tune in to learn how the company is thriving despite economic challenges. It's not just for farmers - there are lessons here for every entrepreneur!