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Business Digest November 17, 2021

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On BU$I₦£$$ DIG£$T this morning, November 17, 2021
**********************************
*SAVINGS DOES NOT GROW WEALTH*

First of all “interest rates are always lower than inflation”, therefore everyone needs to build wealth and streams of income to combat the myriad of expenses always coming up.
 
This is the scary truth!
 
Saving money is not a wealth building strategy.

Savings is a good habit but a bad strategy.

You may keep it in the bank while you find an investment but not saving it with the intent to retire off it one day. Keeping it while you find the best asset to buy or keeping it there for liquidity emergencies and transaction basis.
 
Wealth building is Simple: Buy assets.
 
Take your money, your profits, and buy more assets with the money.
 
It is simple, but not easy.
 
Put your money to work! It is better!

_If you learnt anything from this, kindly share with someone out there._
__________________________________
Yours-In-Entrepreneurship
_*Dr. Emmanuel Idenyi Shaibu*_
_animn, ace, f.hcd, f.dss, m.frcn, fimc, cmc, cms, FAiPA, DPA, ACCrFE_
The Millennium Entrepreneur!
www.emmabgloalconcept.org
MakingAMarkGlobally

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About the author

Emmanuel Idenyi Shaibu Esq. (f.hcd)

Emmanuel Idenyi-Shaibu Esq. is known as The Millennium Entrepreneur. A well sought Public Speaker and Trainer in Strategic Business Re-positioning, is a graduate Of Marketing, Global Consumer Marketing, Financial Management, a Chartered Marketer, Chartered Economist, Chartered Human Capital Development expert, Seasoned banking professional, an Entrepreneur, Investor and Business Owner. He is married to one female wife and blessed with lovely and lively children.

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