Showing posts with label Personal Growth. Show all posts
Showing posts with label Personal Growth. Show all posts

Tuesday 7 November 2017

Attitude Towards Money And The Value Of Work Part 1


I grew up in a modest and humble home. My parents were civil servants at the time and they did whatever it took to make sure we had a reasonable lifestyle. I was told that my mother run a kiosk and sold charcoal.

When I was of understanding age, my mother reared chicken for sale and my siblings and I helped in slaughtering and cleaning these chicken early morning as they needed to be transported to the restaurants/hotels my mother was supplying. We benefited from the gizzards and liver and that was our payment.

In my primary, my mother also run a saloon. I believe all these extra jobs or work she was doing was to create passive income or increase their meager earnings to better the situation at home and also help educate us. I strongly see the work ethic and their attitude towards money was important, if they did not increase their income, we would go hungry and we also wouldn’t be educated. If money isn’t increased it diminishes. The parable of the talents shows us how we need to be faithful with our income/talents/gifts etc and how we need to increase it, the one with one talent did not invest it, he just buried it in the ground and he was called a wicked servant.

While in my S.6 vacation, I badly needed money and decided to do a few data entry jobs but these did not last. My friends and I at the time decided to be part of a building project and we were paid as porters. The needs in our life at the time pushed us to come out of watching films the whole day and put in a few hours to do some work because, at that age, money stopped flowing in every day as our parents started looking at us as young men who were becoming adults and needed to start managing their own lives. If you needed airtime to talk to your girlfriend, you had to find a way of working for it and not stealing. I have learned over time that work is valuable and whoever doesn’t work actually goes hungry.

I was talking to a young a man at a construction site and I asked him why he had to work, he said, “I came to Kampala without my mum or dad, I am here alone, If I don’t work, I won’t eat, I also have to save some money and send it to my mum so that I can prepare for my return, I have a cow and chicken that she is keeping for me, I might look foolish doing this work but I know what I am doing”. I was so pleased with his attitude, such people can develop others with such an attitude.

Our motive for making money should be with a clear purpose, my love for money made me do a few crazy things, I loved playing a game called pool, it is a very addictive game, I found myself finishing the little money I would ask for in playing a game that only brought self-gratification after winning, If I lost it made me appeal and that was more money spent. It also brought me to a point in my life where I started selling empty soda bottles or beer bottles to make money to go and spend. This worsened with time as I liked nightclubbing (this was something I did quietly), I would concoct all kinds of stories or sell more bottles just to look for money to go have the pleasure which would only last for a night and The next day I would be back to zero. 

A few times I dipped my hands in my mother’s bag (I know she will read this but am now a good boy/man helping others) to pick a few shillings to enrich my lifestyle. It is written in Proverbs 21:20 NLT “The wise have wealth and luxury but fools spend whatever they get”. I was a big fool just as the proverbs can tell. When you don’t have a spending plan, the money will be wasted and you end up having a lot of regrets coupled with anxiety, depression, etc. Don’t waste your life with things that won’t add value to you, they are a waste of time, money, and other resources.

When we study the nations that have developed, we realize strongly that their work ethic has been an important factor, the work ethic of individuals, family heads, and community leaders. No nation, society, community can develop when it’s people are lazy. The responsibility of having children and fending for them is one of the toughest jobs ever. But it is one of the ways of developing and building people up and in turn, nations are built.

Psalm 19:7 NLT the instructions of the Lord are perfect, reviving the soul, the decrees of the Lord are trustworthy, making wise the simple. May God's word transform you as you get renewed in your mind.
If the word of God is true, then we must understand a few things about money and the value of work, work is talked about in the bible, the first Job Adam had was to till the garden.

The bible says that “Now no shrub of the field was yet in the earth, and no plant of the field had yet sprouted” because there were two things that could not allow plants or shrubs to grow. 
1. No rain 
2. No Man to attend to (cultivate) it.
This is the account of Genesis 2:15
It is written “Then the LORD God took the man and put him into the Garden of Eden to cultivate it and keep it."
This helps us understand that Work is profitable

Proverbs 14:23– “In all toil there is profit, but mere talk tends only to poverty.”
When we read the story of creation, it gives us a picture of how valuable man is to the things that God has created. He gave man dominion over all his creation.
We are created to work, there should be no place for laziness. When we diligently work, we reap the rewards as well. It is also written in Proverbs 12:11“Whoever works his land will have plenty of bread, but he who follows worthless pursuits lacks sense.”

Dave Ramsey says that the only way to beat being broke is by going to WORK, work isn't necessarily only a JOB, we have been blessed with so much potential and we only need to come out and do something. It is also written in Ecclesiastes 9:10 "Whatever your hand finds to do, do it with all your might, for in the realm of the dead, where you are going, there is neither working nor planning nor knowledge nor wisdom." So work is for this earth where we are in, it won’t happen in the grave, we can only transform our families and nation when we still have breath that God has given us. I reiterate what the above scripture says, “WHATEVER YOUR HAND FINDS TO DO” just do it, have you found what to do, look deep within, look around, provide services, solve problems, etc Proverbs 13:11 NIV “Dishonest money dwindles away, but whoever gathers money little by little makes it grow” in gathering (we are working and it’s an opportunity to make money the right way)

The bible teaches me that God will bless the works of our hands. It doesn’t say that he will bless the complaints and excuses of our mouths.

“Hard work is always profitable in some way, it builds your character, your bank account, and your reputation. But when you’re one of those people who always make plans but never actually do anything about them, you will never succeed”
– Jason Cabler
So let’s not ignore work, we are God's workmanship created to do good works. You reap what you sow, if it is laziness, then there will be no fruit. Hard work beats talent if talent doesn’t work hard enough.

To be continued… to part 2

Tuesday 10 October 2017

A Few Reflections When Faced With A Financial Crisis


I hope you are all doing well and enjoying the different resources that are being shared on this platform. You know it's not how much knowledge we have but how we use the knowledge - it's application is what brings transformation.
At the beginning of this year, I happened to be a witness to some truths about life. Where I do work, we hadn't been paid for some time and some allowances had also delayed for a long time and mind you, people had got loans best on the allowances that were to be paid and also the institution was closed indefinitely.
Despite people having salary loans, they also had loans from loan sharks and from colleagues within. The debt level increases because of multiple borrowing and also borrowing to service another debt.
When we were paid eventually some people were still indebted because of multiple borrowing since whoever was owed wanted to be paid there and then.
There a few lessons I learnt from this period in time.
1. Financial literacy is important

I have been reading up on articles from the likes of James Abola, First of all his book MAKE SENSE OF YOUR MONEY is one we must all have, you can get it from bookstores around or contact him by visiting this site for more. I have learnt about saving, budgeting, investing etc. Empowerment comes from what has been revealed, it's like searching for truth and you find it, it releases you there and then. 

I read his articles from prosper magazine, that's in the daily monitor. In that period, instead of waiting for salary or allowances, I resolved to do something instead of just sitting home doing nothing. I did some transport business and also continued (trading) selling yellow york eggs - you know this is passive income and it comes in handy. Some people sit back saying i have no work or nothing to do which basically means they have suspended their brains. We all have brains that need to be put to work.
2. Have an Emergency Fund 

I learnt the value of having an emergency fund. Of-course my wife and I already had one and it reminded me of what I have always heard, that it should be able to take you from 3-6 months of expenditure. It is good to be visionary, people who talk and write about these principles have so many reasons why, experience is the best teacher. Cutting out many luxurious things and having a mind of an entrepreneur is very important. Dave Ramsey teaches and says that you should build an emergency fund of $1000 which amounts to about 3 million Uganda Shillings plus depending on the dollar rate. By the way if you put your mind to it, its possible and it can bail you out in many tough moments.
3.Multiple Sources of Income

I learnt the importance of having multiple sources of income, because depending on one stream is total DISASTER as an individual, I explored SHARES even more. I bought my first shares many years ago in stanbic and recently i was called to see if i was getting my dividends, this encouraged me. I decided to buy in Umeme as well and this is in a way to widen my net. I am still thinking of more avenues, they are so many, I just need to understand what I am to invest in.
4. Work your way out of RENT

I also realized that many of the colleagues at the institution were renting just like me and the "CRYS" of the Land Lord knocking on their doors was the cry of the day, this taught me to start thinking of working on our goal of housing with my wife, we now have two young boys and things like shelter are a necessity, whatever it takes you have to provide it. 

Because of  many good practices, the Land Lord did not disturb us because my wife and I work together on our finances and this really is a STRENGTH because when one is down, the other lifts you up, and when we are all UP, it gives us the opportunity to do more. In the long run, we would love to become Land Lords and be on the receiving side. As I write this, we have made great strides on our shelter, and with time I will be sharing more about this.
5. One reading, One Seminar isn't enough, we need constant learning

I also got to realize that financial literacy is something people to need to hear more and more so that it can improve their lives, some people turn a deaf ear but you know its a choice at the end of the day if you want to see things change. My wife Martha and I are a big testimony of the things we learnt and put to practice and let me say this, these principles work, you just have to tell yourself, am going to do this, it will discipline you but you will learn and help others as well.
6. keep the right company

Always keep the right company, you will get good advise, wisdom to conquer many problems, if you are around negative energy, you end up complaining and doing nothing.

#Impact #Empower #Transform

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