Showing posts with label Assets. Show all posts
Showing posts with label Assets. Show all posts

Monday, 25 August 2014

THE GIFT OF MONEY 17; POOR!

“Beware of little expenses; a small leak will sink a great ship.” - B. Franklin


As we continue our series on money, this morning allow me X-Ray a state no one wants to be in; it's called, Poverty - Especially one that is characterized by the lack of money. I am sure you're asking the question what other types of poverty are there, if it’s not the lack of money?

Well, truth be told, the lack of money is actually a manifestation of poverty and not really the state of it, because being poor is actually a mindset that eventually begins to show outwardly in your financial life. In-fact there may be some people around you that are poor, but presently have some cash to throw around and some other folks that are rich but presently seem to have no cash, time will tell. Allow me share some characteristics of poor people with you.

The first is that I have noticed that POOR (Passing Over Opportunities Repeatedly) people VALUE liabilities more than assets. The story is told of a store keeper

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