Successenable

Good morning all,

Today, I present the second part of the Chapter Three from the book;

LOVE YOURSELF PAY YOURSELF FIRST

CHAPTER THREE

In the game of earning, one of the most insightful of all secrets is this: it is not how much you earn that matters, it is how much you keep.

Whatever your income turns out to be in any given month, the entire income is, in simple mathematics, 100% of your entire earning for that month. It is suggested that you apportion such into 10%, 10% and 80%. You then disburse each portion into different channels.

i. The First 10%

This is the portion you will save. The teaching is for you to put this saving away before you touch the remaining two portions. It is also recommended that you allow this first 10% to move into a separate savings account automatically; it no longer remains in the same account as the other two portions. Further transfer should then be made automatic. You give the bank a standing order. It is moved by direct debit before you get the chance to see it. This is the process described as paying yourself first.

ii. The Second 10%

Franklin Delanore Roosevelt once said that;

“The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little.”

We make progress, tangible advancement, as we learn to share. It is on this premise that a tenth, the second 10% of our earning, is devoted to caring for the poor.

Giving away this tithe is beneficial. The more you give, as it is said, the more you get. The important thing to note is this; the giving should also be made automatic. You do this either by a series of post dated cheques or by direct debit mandate. This is as much as we can accommodate about this portion. Our chief concern, in this book, is the first 10%.

This is the bit I carry the capacity to send today.

Tomorrow, we continue with the next part on the Chapter Three.

Until then, this is your friend, and fellow passenger, along the path to personal progress and happiness.

©Abib Olamitoye.

Please,
Be of good cheer.
Be happy.
Be fulfilled.
Be grateful.
Be blessed.

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