Business & Lifestyle Talk With Reallion Samuels

WHAT THE WEALTHY UNDERSTAND ABOUT INCOME THAT THE POOR DON'T... By Oluwatosin Samuels In the previous write-ups, I shared on the 4 major must have income sources for financial rest. However, in this piece, I'll love to share on how the wealthy approaches income versus how the poor does. **Point of note: my definition of being wealthy or poor in this context is not a function of the money stored in bank or asset worth but the function of the state of the mind - mindset! The first major distinction between the wealthy and the poor is that while one is satisfied with "source(s)" of income the other is scouting for "streams" of income. Sounds alike right? But they are actually not the same and I will explain with a story. Dekunle and Debola are friends living in the same village where there's been no water for a while and to get water means walking about 15km to the nearest waterfall. Then one day, a very wealthy man in the village summoned the...

4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS - Pt2 ...by Oluwatosin Samuels Happy Easter, So last week we started a discussion on the 4 important types of income types that we all must have if we are to succeed in finances. Have you ever wondered why lots of medium to high earners you know still live a borrowing life? It's because their only source of income is probably their job and like someone said, the word JOB is simply an acronym for Journey Of Borrowing while some call it Just Over Broke but whichever way, one source of income is never just enough. For the many financial challenges life is cumbered with, only streams of income would do. And this is why I do my best to encourage as many employed persons as I meet to learn to own side business(es) or have other financial streams because as it is generally known, if you don't leave your job, your job would leave you someday either through termination, poor health, resignation or retirement. Without much ado...

4 MUST HAVE INCOME TYPES FOR FINANCIAL SUCCESS ...by Oluwatosin Samuels Dictionary defines income as money received, especially on a regular basis, for work done or through investments. In recent times, I've been undergoing some personal study on money and finances after a very embarrassing season I had to go through. Let me state for emphasis sake that I learn and teach better by personal experience than I ever do by reading the best of books or watching videos on life matters. That said, I've learnt that there are 4 highly important income sources that an individual should have if he's to live a quality life on earth and I will go straight to discussing them: 1. Daily income: This income type should come daily and in regular amounts. It is the most important income that every person must have. And why is that? Each day comes with it's own expenses. If you can secure a daily avenue of wealth no matter how meagre it is, you begin to find financial rest. ...