WEALTH CREATION By Oyediran Kola

SEEK AND STRIVE FOR YOUR SUSTENANCE, BUT DO NOT BE COVETOUS.
Wealth is not your enemy, neither is it your friend. You decide what it is to you by the steps you take of fail to take, have you ever wondered why wealth is not an exclusive right of anybody? The blind, the deaf, the dumb, the lame, name it, can become wealthy. Deformity or physical disability is not an excuse for not making it. After all, the Steve Wonders of this world are multi-millionaires. So, what’s your excuse for not striving towards achieving a level of wealth that will make you financially independent? In fact, if you must leave the level of poverty and get to that financial stability, you have to start something. And the time to do it is now. Even if you are getting old, there are things you can still do that will make a difference in your financial status.
That is what I would describe as the wisdom of having a sort of second income generation opportunity, different from the one we get from our regular job. People have embarked on farming, organinzing seminars and workshops, fashion designing, and so on to help improve their finances. One can sustain oneself by engaging in part-time jobs. I mean doing some other things in your spare time to improve your finances. For instance, farming. This, I think, people can do to improve their finances. We cannot continue to wait for government till eternity. We must examine and appraise ourselves to know that we can do individually to better our finances and be financially independent.
“We must strive not to allow our expenses to rise above our income. You are supposed to; if you must be wealthy, cultivate the habit of saving and investing. And you can do this only when you are disciplined about your spending. It is not everything you earn that should be distributed at the end of every month. The rule is spend less than you earn.”
To be wealth, we must first earn some income and this means that we must work. This wills the money to be saved and invested. So, an idle man cannot become rich through his idleness. When he works, he gets money and he saves and invests.
Views about people becoming wealthy, many people end up poor because of some factors listed below;
Poverty Factors
A. Procrastination
B. Piling up of debts
C. Ungodliness
D. Indulgences
E. Lack of financial ability
F. Aversion to risk-taking

(a) Procrastination, which is, putting off till another day what you can do today. Many people invite poverty into their lives by postponing what they ought to do immediately. Opportunities are not lost, because the one you miss, someone else picks.
(b) Pilling up debt on absolutely worthless ventures:- Many people pile up debts on so many useless things that they find it difficult to wriggle out of such debts. I want to liken a debtor to someone into a hole, “The first thing to do if he must get out is to stop digging”. Do not be tempted by relaxed conditions of loans and credit purchase because once you start buying things on credit, it may become a habit and there is an old saying that old habit die hard”
(c) Indulgence:- On indulgence, I equally want to say that we write invitation letters to poverty if we cannot control our passion for some insignificant things. For some, gamble a lot, hoping to hit the jackpot. “These are very dangerous indulgences. They will ruin one who habitually indulge in them”
(d) Lack of financial capability:- I also want to add that people remain poor because they lack financial capability. ‘So, we must have financial ability; understand how money works, what assets and liabilities are and so on. Then we can be talking about becoming wealthy”
(e) Aversion to risk-taking:- The last factor people are afraid of losing their money so they do not want to lose it and as such run away from investments. “You have to invest money and allow the money to work for you. If you are afraid of losing your money, you cannot go far in the journey to wealthy land”
Once again, meet you in the highest level.