Tuesday, September 3, 2019

The Mindset of the Wealthy 3

Written by Uyoyou Christiana Charles-Iyoha


The unnamed virtuous woman of Proverbs Chapter 31 verses 10 to 31 was a successful wife, as well as a mother no doubt. Besides, her husband was a man of substance considering that he sat with the elders at the city gate. That should have been any woman’s pride in her days. After all, she owned a home provided for by her husband yet the Bible records that she was not an idle woman. Economically and socially, and even spiritually, she was profitably busy. In today’s world, she would be described as a fashion designer, and a very successful one at that. But her success as a fashion designer did not get to her head that she had peaked. Rather, the success she experienced as a fashion designer who supplied sashes to merchants did not get to her head and make her complacent. Rather, it made her more diligent and committed to investing in other areas of the economy. She took profits from her fashion business into purchasing a field to grow a vineyard – a source of raw materials for wine production. What an amazing woman, with the great mindset of the wealthy, the people who truly understand the difference between bread and seed. A typical bread eater would happily fritter the profits from the fashion business in to bread eating (physical bread, entertainment, additional clothes and accessories that are not even needed) but the seed sower that she was, she ploughed the profits into a different sector of the economy thereby multiplying her income streams as well as sheltering her financial resources by investing in different sectors of the economy. That is the mindset of the wealthy, invest, reinvest, diversify investments, multiply income streams and associate with like minded people and not bread eaters.

Isaac was the heir of Abraham, a very wealthy man. Please read Genesis Chapters 13 and 24 yet Isaac did not become complacent despite inheriting so much wealth from his father. Isaac kept working to accumulate more wealth (Genesis Chapter 26) until he became very wealthy and even when he was already very wealthy, he did not stop investing. He dug up more wells despite the contention by the Philistines over the wells his servants dug.




Bill Gates, Richard Branson, Warren Buffet, Jeff Bezos, Mark Zuckerberg, Lillian Bettencourt, Tory Burch, and a host of other millionaires and billionaires that you and I know are still investing and re-investing their profits not because they need the money to feed or even want to be the richest person in the world but because it is in their nature to keep making and creating wealth as well as blessing humanity with their wealth.

Therefore, be more concerned about always earning money than spending it in a hurry. Spending instead of earning is akin to living like the princes who feast in the morning rather than eat for strength. Spend money because it is necessary to spend and not just because you want to spend or to impress people who probably do not like you but like your money. That way, you manage money profitably and grow money.


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