How to Create Lasting Wealth In the Midst of Financial In$anity

 

 

 

 

Gratitude

I am grateful to God for planting and nurturing this seed to develop and grow into what I have become.  I am grateful to my parents for their guidance, support and exposure to God.  I must also thank my sister, my friends, my uncle and aunt and colleagues for believing in me and supporting me in my endeavors.  I must also give thanks to those that have inspired me to carry out my God given purpose.

Introduction

Chapter One:         It Happened Before, It Will Happen Again

Chapter Two:        A Nation Reborn

Chapter Three:    The Spiritually Grounded Millionaire

Chapter Four:      The Making of a Zeallionaire

Chapter Five:        Does Your DNA Generate Wealth

Chapter Six:          The Development of Generational Zeallionaires

Chapter Seven: Three Stages to Becoming a Zeallionaire

 

 

 

 

 West African symbol of unity and human relations

 

 

Introduction

 

Is there any sense that can be made from the financial in$anity we face on a personal level and most recently on a national and global level?  Is it actually possible to make sense of it all and in the process create wealth?  I am not just talking about wealth in the material sense but the physical and mental as well.  Though it may seem like a tall order to fulfill, it is very possible to create wealth in the midst of financial in$anity. 

It all begins in the mind.  The ingenuity of the human mind is the source of creating lasting wealth.  The ability to express your creativity, skills, talents and to use your resources despite current circumstances is based on a particular type of knowledge.  Only a small group of people have this privileged knowledge.  They know how to transform that knowledge into lasting wealth.  This knowledge combined with a plan and tenacity, will defuse any external circumstances, thus creating lasting wealth in the midst of in$anity.   

The three stages to wealth are knowledge, planning and tenacity.  In order to attain wealth you have to be accomplished these stages simultaneously.  A nation or person that knows no better can do no better.  Knowledge, first stage, is the key component to creating lasting wealth.  The source of this power is within your control, when you make the decision to acquire knowledge in key areas; knowledge of your creator and yourself, knowledge of your community both locally and globally, a specialized knowledge and general knowledge of a variety of subjects.   

The second stage to creating lasting wealth relates to having a well thought out flexible plan to address our current circumstances and future outcomes. Life has its way of handing out its bumps and bruises.  However, it’s all about how well you are able to navigate your way through the tough times that actually make you appreciate the good times on a deeper level. 

Our current economy is in flux and it is a bit hard to tell where we are actually going.  So there is a natural tendency to flee to safety.  However, if you have a working plan and your investments are properly allocated, volatile market conditions will have less of an effect on your current and future investment results.   It boils down to having a plan that insures you get to your intended results and address basic needs.  You also want a secondary plan that accounts for the luxuries in life.  A flexible plan provides the framework as well as a blue print to properly adjust in challenging times and to harvest the ripe fruit in abundant times. 

The third stage on the way to lasting wealth relates to the journey.  Tenacity, will-power, drive, steadfast and persistence are the critical characteristics of this stage.  All of the knowledge in the world combined with a master plan means absolutely nothing if there is no fuel for take off.  Numerous wonderful ideas, inventions, and master plans lay dormant in the mind of brilliant people when no action is taken.  Action transforms these ideas, inventions, and master plans into the radio, television and the Internet.  Theses transformations took place because they decided to remain steadfast until their idea, invention or master plan became realized.  It cannot be stressed enough how integral it is to activate the plan and stay the course.  This should come with no surprise, that this stage is the most difficult of the three stages to achieving lasting wealth.  The difficulty relates directly to the fears everyone faces when they are called to share their skills and talents with the world.  If you allow it, fear can eat you alive or it can motivate you to action.  If you have not taken action, you have to first look within to discover why.  Could it be that your friends and family may not support your idea?  Is it that your ideas are so big that you may loose a few friends?  When the answer is revealed you can begin to jump the hurdle.  This may be a time in your life when you need to expand your circle or just create a new one.  Affirm that you have the ability to achieve your goals and keep it moving from that point.

These three stages of creating lasting wealth should provide you with comfort in the midst of in$anity because you have a great degree of control over the outcome.  The other comforting factor to note is that as long as you have the ability to create and use the resources around you, the negative impact of current circumstances has very little effect.  You know that you can survive the storm.  Knowing the promises of God, who is the source of your creative thought, reveling universal truths, will put you on the road to creating $anity in the midst of in$anity.     

 

 

   

 

 

"He that does not know, can know from learning"

                                  Chapter one

It Happened Before and It Will Happen Again

There is a common saying that both my grandmother and mother say all the time, “There ain't nothing new under the sun."  This common phrase has such great meaning and truth, yet so many people do not realize that they are repeating something that has already been done because the lacked the knowledge.  “People that do not know their history are doomed to repeat it."  How many people do you think remember the effects of supply and demand, how money circulates or how Congress affects your retirement plan in your high school Economics class?  If you took an Economics class, there is a possibility that you do not remember the material because it was taught in theory and not in practice.

Until recently most of us probably thought that the Stock Market Crash of 1929 was the most devastating economic crisis the US had ever seem.  Well, we know that not to be the case and if we were to take a peek back in time we would discover that the devastating depression that followed the crash of 1929 was not the first but actually the fifth major depression in the history of the United States and there were at least 13 panics [1] since the 1800's.  The thing is have to get comfortable with the fact that the economic cycles-expansions, peaks, declines, recessions-are merely apart of the business cycle, which is not different than the ebbs and flows of our own lives.  How often do you find yourself reaping the harvest and suddenly you find you are in the middle of a storm?  We can see the same cycles in nature.  The four seasons directly correlate to the four business cycles.  Spring represents growth and expansion, summer represents the peak of the harvest, fall represents a decline in growth and winter represents stagnation and recedes.  The business cycle is a fundamental concept of economics, something we should have learned in secondary school.  Knowledge is the fundamental difference between the have and the have not's.