Is Reading Part Of Your Culture

Proverbs 18:15 Intelligent people are always ready to learn.

Their ears are open for knowledge.

I hope you are all doing good. I believe that in one way or another, we are doing whatever it takes to be financially educated.

I recently read somewhere that Chinese people between 40 to 65 years of age are responsible for most of their savings. We all know that probably the one child policy at the time pushed these guys to even save more since they had no major expenses in terms of large families and such money is able to take them through their retirement or old age.

Robert Kiyosaki had to say this about financial education "Today financial knowledge is more powerful than a gun or the whips and shackles of slavery. The lack of financial education enslaves billions of people in all parts of the world." 

We all know from the wise saying, "My people perish for lack of knowledge". To liberate yourself from ignorance and enslavement of the mind - Read, read, read. If you can take at-least 30 minutes a day to study something in regards to this area of finances or something that you are interested, then you will be educating yourself. We all know that this subject of financial education will or might never appear in school curricular but we have to go out and seek such knowledge.

The writer in proverbs said it clearly, Intelligent people are always ready to learn, their ears are open to knowledge, I hope you are in this bracket and seeking to improve yourself so that you can help others as well. We all can't be blind, it can be devastating.

This is what My Uncle, George William Nyeko said about financial habits in regards to retirement, he was quoted in one of the articles written in the New Vision this past weekend. He said, "Why would anyone consider they will be broke after they are retired? Financial habits are not formed during retirement. Being broke during retirement means you were broke before." 

We have read this quote  before from Dave Ramsey, that "Personal finance is 80% behavior and 20% head knowledge", our financial habits have to be checked. Are you consuming more than you are investing? Are you rejecting knowledge more than investing in your mind? 

Let us seek out wisdom to win in life, read the bible first, it is the best book, read biographies, read books written by experts in this area, read the news papers. Warren Buffet was asked about his greatest secret, he said that it was voracious reading, this is a trait of many successful people they are rich in knowledge.

#Transform #Impact #Empower

Money Shouldn't Be Your Master.

The love for money over the ages has strongly taken root in the lives of both the young and old people.

Young children are growing in a culture where they believe everything comes with the press of a button, to make it worse parents are not doing much to tame their appetite for things, the schools they go to are also fueling the lifestyle of spending like crazy on different activities that appear on the school curricular.

People have chosen to serve money rather than money serve them, we know how important money is but we know that it's grip upon our lives has caused a lot of damage. This love for money has led to a self-centered life, people want to accumulate everything for themselves, it is good to have things but if you are possessed by them then the reality is that they are a god in your life.

Even the poor person who lacks money is doing whatever it takes to come out of that slump, however, the purpose for coming out of poverty is driven by the demands of showing off in society, being a somebody, people have engaged in drug trafficking, gambling (betting), illicit money deals like prostitution which sometimes isn't their choice but because it could help someone come out of poverty. People are doing money laundering. All kinds of bribery and corrupt deals are making those who already have to want even more so that they can be in control.

Some people believe that having a lot of money gives them status, the pride of life just takes a grip on them. They know that with money, they can be somebody, if the money is to show and not be used to transform your society then it's really a waste of time. Some of the people with the most money can even be in neighborhoods suffering and they need to be lifted up, they want to be begged to support any venture instead of coming out with what God has blessed them with to be a blessing. We should never hoard money, it should be used for the right purpose.

It has been said before that money is a bad master but a good servant. We all need to know that if we don't control this thing called money, it ends up controlling us. Some of the things that can tell you that money is controlling you, is:-

1. When you don't want to let go of it, it has a strong grip over
2. When you overthink about money and can do whatever it takes through corruption, bribery and many treacherous things to get it.
3. When you find yourself buying out of impulse, you left your home and went out to buy something on your budget however you came back with much more than you had planned for.
4. When you find your desire for the good life, achievements, possessions is ruling you, this has been fueled by the media and TV shows we watch, you end up watching this Reality Shows and you wonder when they will ever show when these guys are at work, the presumption then is that we can sit back and everything is OK, forgetting that we have to have work projects, engage in productivity etc. 
5. When you get a loan (Debt) to fuel a certain lifestyle even when your cash flows aren't the best, some end up borrowing from one place to another to settle different debt obligations, debt is one the biggest traps anyone can ever be in.

This is just to mention but a few.

When need to strongly know that if we put our trust in money, we have lost it all, the owner of all the money and other resources on this earth is God, so we must use money as a tool to achieve our purpose on this earth. You can't serve two masters, mammon and God. 

We are reminded by Solomon that we should only put our trust in God, there are many things we can do to put money under our authority.

Proverbs 11:28
Trust in your money and down you go!
But the godly flourish like leaves in spring.

#Impact #Empower #Transform

Watch What You Spend On – Don’t Get Trapped by The System and Culture

One of my goals this year is to watch what I spend on and see where necessary make cuts and translate that money into little amounts that can grow then eventually invest it, my spending must be purposeful and reasonable.

  

When we try to impress everyone, We need to know that people really don’t care, all they think about is themselves, you will probably say in your mind, how will people see me if I don’t have or do this, we need know that we shouldn’t do things to impress people but only to serve them. To live to the applause of people, that shows how trapped an individual is.

You will buy the latest iPhone and everyone will be like wow!! however, we need to  remember in a few months a new one will be released and the *wow* effect will be no more because the one in your hand is now old. The psychology used by the developers of these things is to keep us wanting and not really needing. 

The culture of spending is so ripe that people have put aside reasoning to tone down on expenditure, a wise man said that the adverts we see are geared to stir up emotions that cause discontentment in one’s life and they create in us the need for the advertised product with the promise that the product will bring about satisfaction. 

The business people thrive on the culture of consumerism and that is how rich they get while at the end of the day you have spent on something you did not need, people make money off us because we don't have proper plans and lack knowledge, our ignorance is their playing ground, the pressure to keep up with the status quo is pushing someone to say I have the best or I had the best. Howver, having the best will only remain in people's memories but have an impact on your financial future.

In December last year, a friend of mine told me of how they were going to cut costs in regards to a wedding he was going to attend. First of all, a digital card would be made and invites sent on WhatsApp using that card. 

I thought that was a brilliant idea in cost cutting. For the wedding, the things like decoration that take a lot of money, they would go for an open heaven with a few accessories here and there. They saved a lot of money instead of paying the usual $1300 which is equivalent 5m Ugx for decoration. Any way their choice was theirs but also smart, they were thinking about the marriage future instead of just a one-day event. 

I think we need to embody such mindsets as much as there is pressure to impress, remember people don’t really care even when the culture will say you can’t have a wedding of less than this or that. People are getting heavily indebted because of wedding costs, Our marriage counselor told us, save for your marriage and not just the wedding, those words made us plan wisely.

These powerful statements from a book I read recently have given me a much stronger resolve to be disciplined and plan my everyday life.

“The consumer culture in the world is part of the system. The world constantly bombards with things you need to spend money on. Products are packaged in attractive ways to appeal to your eyes. Advertisements, both obvious ones and the subtle ones, are constantly pushing you to spend money, enticing you with your own desires.” – Sunday Adelaja

With the culture of consumerism, an individual’s value is driven by material symbols. In this way the system ensures, no matter how much more you keep making you cannot satisfy all you want. 

The desire of the good life is pushing people to the edge because if they don’t attain this or that, they are aren’t a somebody. One of the worst things happening to some, is that they even save but then save to consume and not invest. People spend a whole year thinking of that summer holiday or vacation, they will do whatever it takes to have that money, when it is all spent, they are back to zero. 

We need to calm down and humble ourselves to understand that our lives are not worth what we possess, the richest things we should embody are values, our worth should be in eternal things, when we have such a mindset we won’t fall into the trap and choose to grow steadily but surely. We have messed up our futures because of instant gratification. But all hope is not lost, we can change the course of events by doing the right thing by starting to have a plan and living by it, is it saving, budgeting, knowing your expenses, investing, etc. Check out this article for more.

#Impact #Empower #Transform

Starting OFF Your 2018 With A Clear Focus And Seriousness

I bet by now many of you have resolutions however we need to ask ourselves if we made steps to achieving the ones of 2017. Some resolutions are progressional so you don't have to start a fresh but improve or get more serious.

I encourage us to: Pray about everything and have actionable steps like:-

1. Continue building on your Vision/Goal.
2. Have a plan to achieve that goal.
3. Have specific steps in regards to achieve your milestones step by step
4. Do whatever it takes to keep educating yourself in your area of expertise and also learning other things to improve you or your organization or business.

While doing devotion yesterday, I landed on this scripture Genesis 6:21 NLT, it talks about when Noah was asked to build the ark and the warning of God of destroying the whole earth with rain. He told them to be sure to take on board enough food for the family and animals. This just spoke to me on a personal note about planning and preparing for the rainy days.

The journey of personal finance is a very personal thing but a thing that affects almost everything we do, when you misuse finances, the organization, your family, your business will suffer from your bad decisions. Rainy days in 2018 will come but to those are are prepared it will be easier to sail through the storm.

In vs 22 the scripture concludes by saying, "So Noah did everything exactly as God had commanded him". I encourage us to follow instructions from God concerning the different things he wants us to do. Kick out laziness at all costs, know that you are made of more and start to live out your kingdom purpose, apply these kingdom principles in your life.

Work on your attitude towards life, money things, leadership, development, transforming society etc If Noah did not obey I guess Corruption at that time wouldn't have been dealt with as much as it meant destroying the whole earth.

Your first step to financial freedom is to acquire knowledge about finances, then start applying that knowledge step by step.

I leave you with one of the articles that has a lot to say about decisions - you could reread it over and over and pick out what can help you.

#Impact #Empower #Transform

You Are Not Less Than What You Ought To Be

A story is told of Jimmy (not real name), he comes from a poor background. For him to study he had to be enrolled in a school that is housed within one of the churches I know. His family would some days go hungry, if things were so bad, they would sleep when they have taken a cup of tea without sugar. However while listening to Jimmy's story he said that he envisioned something good coming out of him irrespective of the circumstances. 

This picture depicts the kind of work Jimmy did 

He would get home, boil maize and go sell it along the market streets of a suburb in Kampala called Kitintale. He said the money from the maize would help contribute to his school fees and besides that he would also go dig and plant potatoes and do other things to improve his lifestyle and that of his siblings. As I write this article Jimmy is in University and he is a big testimony of what it takes to believe that "You Are Not Less Than What You Out To Be". 

Jimmy gives back to the school that educated him by sharing his story. He once said, "I knew that hawking maize was a temporary thing I had to do, but that wouldn't be my final destination". This young man through hard work, determination and the great opportunity to study at a cheap rate, did not sit back in self pity but chose to create his own path, I can boldly say he is destined for good and greater things. He prayed but also knew that prayer wasn't enough, he needed to put his talents and ideas to work, he needed to study while working to fend for his family and fees. Nothing really comes easy.

This proverbs says a lot about our lives

Proverbs 26:¹¹ As a dog returns to his own vomit, So a fool repeats his folly.
¹² Do you see a man wise in his own eyes? There is more hope for a fool than for him. ¹³ The lazy man says, “There is a lion in the road! A fierce lion is in the streets!”

One of the worst things that can ever happen to man kind is to devalue themselves. Devaluing oneself is happening a lot on the premise of comparison. It is like putting a final say on your future and put a nail to the coffin. Someone looks at another person and says that, "they have everything". They start shooting themselves down by saying, "I am nothing", "I can't add any value to this life and the life of others", "I am not as beautiful or educated like that person or my background is the one that has caused me to be like this, I wish i was from a rich family".

I have come to discover that I am uniquely created and that there can never ever be anyone like me. I have changed my mindset towards myself and I declare that "No One Is Better Than Me" so is no one better than you. What makes us look at others in a different lens in relation to our lives is always the sense of competition. People become great or better in their lives because they know their IDENTITY, they have knowledge that you don't know, they use their time well and convert it into tangible results. 

Ben Carson's Story

When I read the book THINK BIG by Ben Carson , his story moved me and one of the lines that stuck to my head is the words his mother told him. She said "Only You Can Do It Better". Ben and his brother Curtis were doing so bad in school that their grades were not the best. His mother was a janitor and while cleaning the homes of the rich people she worked for, she observed their lives and realized that they hard more libraries than  TVs, she cut down on how much Television they were watching and told them to go to the public library and after every read up, they needed to give her a report not knowing she was illiterate, however her gamble worked out and the man I am writing about became the best in school and was the first Doctor to separate co-joined twins. Some times we need to show people their worth and tell them, "What others do, they too can do and only do it better". In telling them so, we are igniting a fire and a passion for them to rise up from the pit of despair to the top of the mountain of possibilities.

There are certain standards the world gives that our parents try so much to model us into. There are times you will hear people say that if my child doesn't go to such and such a school then they won't fit in society. I agree that some schools are below the standard but not all schools are bad.

There is also a certain mindset of who our children should relate with, the kind of company they should grow in, it is good for us to be cautious and teach our children about bad company and also about good company however sometimes we shield our children from those who are suffering and they grow up not appreciating that we need to reach out to those who are hard pressed, we need love without holding back, but we teach our children to shun, abuse and walk out, some of the worst things children learn is actually not from school but from their parents who bring them up.

My prayer is that my wife and I will parent our children with better understanding, they can't have everything they want when the money isn't there to buy. Many times we would ask our mother and father this or that, but they weren't able to afford, and the pressure would come because our friends had bicycles, they had colored TVs while for us we had a black and white TV with no bicycles. 

If Children aren't taught the truth, they end up thinking life is only about accumulating things for oneself. I wouldn't have been able to learn how to ride a bicycle if my child hood friends did not share and teach me too.

This is what the bible says about me and you #ValueYourSelf and Get Out Of Self Pity and Re-write Your Story, God's Plans For You Are Amazing (Jeremiah 29:11)

1. Created In The Image Of God Genesis 1:26-27

2. Child and Son Of God John 1:12, Romans 8:14-17

3. Crowned With Glory and Honor Psalm 8:3-5

4. Given Authority Psalm 8:6, Genesis 1:28

5. All Things Are Under My Feet Psalm 8:6

6. God's own special person 1 Peter 2:9

7. Am called To Be Fruitful 2 Peter 1:5-9 

8. Called To Make My Calling and Election Sure 2 Peter 1:10-11

To be continued.. part 2

#Impact #Empower #Transform

Attitude

This thing called attitude is a powerful force in life. It has helped many to change the course of events in their lives and in the lives of others. It has also destroyed many especially if it is a bad one.

I remember before I got married, I wanted to leave home and you know start renting (We know what comes with renting, you really have to be prepared, you have to count the cost and have it in your monthly plan - sometimes we move out by faith and somehow make it through). But my mother Norah Acan decided that instead of renting, I save the money for the ultimate purpose of starting off our marriage. I sat back and thought deeply about it and I realized that my mother's attitude towards my life and future wife's well being was paramount to her. Thank you mum for teaching me the valuable principle of preparing and putting money aside to help in my walk, I draw a lot of lessons from it. 

Today I reflect upon this thing called Attitude and I realize strongly that if we had a certain view of life and it is with a lot of optimism, we can not only help ourselves but more so help others to thrive too. Your attitude can light up someone's life and help them change theirs as well. So even when it has been hard, our attitude can come into play to help us thrive in the hardest of moments.
Everyday when we hear people talk, their outlook on life is that it is so hard, some even say that nothing comes without struggle, but if there were no struggles we wouldn't appreciate the process in getting to our promised lands. 

See this classic example from Habakkuk 3:

¹⁶ I trembled inside when I heard this; my lips quivered with fear. My legs gave way beneath me,^[e]
    and I shook in terror. I will wait quietly for the coming day when disaster will strike the people who invade us.
¹⁷ Even though the fig trees have no blossoms, and there are no grapes on the vines; even though the olive crop fails, and the fields lie empty and barren; even though the flocks die in the fields,
    and the cattle barns are empty,
¹⁸ yet I will rejoice in the Lord! I will be joyful in the God of my salvation!
¹⁹ The Sovereign Lord is my strength! He makes me as surefooted as a deer,^[f] able to tread upon the heights.

Let us change the way we view life. Joshua and Caleb refused to look at themselves as grass hoppers and instead said we can take these GIANTS down, let us "Take it up at once"
Do you have a problem with your thought lines? Are you affected in the way you view life? Have the situations you have gone through changed the way you look at life? This is what The apostle Paul said, “Finally, brothers and sisters, whatever is true, whatever is noble, whatever is right, whatever is pure, whatever is lovely, whatever is admirable — if anything is excellent or praiseworthy — think about such things and the God of peace will be with you” (Philippians 4:8).

In relation to the above statement, this article can help shade more light and motivate you to have a good attitude.

#Impact #Empower #Transform

Pay Yourself Since No One Is Paying You

We live in a culture that is consumer driven. This consumerism is being fueled by TV Adverts and also the desire for the good life. People have no restraint or self control at all and they want to live like millionaires or billionaires without understanding the principles they have lived by to get where they are. They are eating up their future without knowing and they keep saying that the economy is bad or the government doesn't care. So many people want to fake it to make it just for the sake of being ranked among the *Rich Ones*. We first get rich in our values, in our minds before we can get rich in our pockets. In any case being rich isn't about money, if money made people rich even a church mouse would say I am rich. The intent of people is to be famous and not really to help humanity, we need to remember that these things are vanity, so we must take charge instead of them controlling us.

Today my dear reader I want to talk about how you can build a financial future. My sharing is best on things I have observed and things I have put to practice. I have come to learn that nothing beats a testimony especially if it has worked for you. We have been told by people or pastors or prophets that we shall prosper by sowing seed, or that miracles will come when we give our last money to whatever. It is written that “He who has a slack hand becomes poor, but the hand of the diligent makes rich.” -Proverbs 10:4

Everyday of the week, there is something that is taking your money away, it could be transport, it could be rent, it could be airtime or data services, it could be bills that you have to pay or food that you have to buy, it could be that church or fellowship that is always asking for all sorts of offerings given code names. it could be that restaurant you visit everyday. The first thing that happens to our minds is to spend money whenever we get it. This is natural to those who have not been trained to understand that there are certain principles that govern money.

When we read the parable of the Talent, the Master gave his servant five talents, another two and another one. He did not give instruction on what to do with the money but came back and asked for accountability and we know that the one with five, made five more, the one with two, made two more and the one with one, buried it. The one who did not invest was called a wicked servant.

I learn very important things from the parable of the Talent, that before the servant with five or two talents spent their money, they actually invested and got back the original money, how did this happen? what strategies did they use to make sure the money doubled, that they had the original one back.

Reading from many financial experts, they will tell you to have a percentage that you will use to pay yourself. As Christians we encourage you to have 10% a side for your tithe and then between 15-30% to pay yourself depending on your income levels. The first step to building and securing your financial future is through saving (Paying yourself). The money that you are paid from a sell of a book, from salary or any business transaction isn't paying yourself. People will believe that because money has come into their account, they have paid themselves.

Normally what happens after we have got money, the list of expenditure is long, fixed costs like rent, bills, loan repayment etc are the things we will rush to pay, so we end up making those people or service provides rich since they are taking many out of our pockets and nothing is left for us. A wise person said don't spend and save later, save first then spend what is left.  

Before the Land lord gets money make sure you have paid yourself first. If you receive money from one bank account, open another where the percentage of paying yourself will go to. It is important to have a clear goal or purpose for the money you are putting aside, making it sit in the bank without a clear purpose could benefit you but not to the full potential because if you have places to invest that can make the money work or grow for you, then you find yourself making the original money you got at the end of the month or from the business transaction.

Don't be pressured to live the good life or keep up with the Joneses, plan your financial future. I have seen the power of using a standing order work for me and my family. Each time we get money, it is already planned for on paper before it is physically used up. A portion is saved and we realize everyday that what we do isn't for our satisfaction but to enable us be a blessing and to also beat the trap of poverty. No one will PAY you if you don't pay yourself.

Points to note

1. Decide how much to pay yourself
2. Set a savings goal
3. Create a separate account different from your current one and create a standing order, it could be a high yielding savings account or fixed account or Unit Trust Fund, or with an Investment Club/Sacco etc
4. Leave that money alone and don't yield to temptation

To understand a little bit more about saving, click here