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There are varied stories and tales stressing how the slow
always wins the race. Take for instance, “The Tortoise and The Hare” and “The
Turtle Always Wins”. And didn’t you know even the bible says it so. Take
Proverbs 13:11 that states,
"Dishonest money dwindles away, but he who gathers money
little by little makes it grow."
There is no denying that indeed being slow can help us to
get where we want to be. It may sound ironic because you need to hustle in
order to get there but building your wealth is another ball game. The best
thing to do is to work slowly and do it little by little.
Being able to gather money this way is important to making
it grow. After all, many can just opt to spend it all away and only a few are
keen towards saving it and making it happen. Hence, the bible states that you
let your money grow. And only those who did it can be wealthy.
The bible passage states that we need to establish our own
little by little scheme in order to create our very own wealth. This means
having a steady cash flow and being able to save up regularly. When we are able
to define it, we can then strengthen it and fortify it.
There are two facets we need to look at here. First is being
able to gather money and being able to save money.
Gather Money
It is important that we get to have a regular money stream. That
is why more than work, we need to be able to look for multiple streams of
income. Even if each stream would just be very minimal, every penny that would
come from it matters. As much as possible, you must be able to cover two
dimensions, the regular source of income and the irregular. The regular would
mean having a day job and the irregular would be from investments and the like.
Save Money
The passage is an affirmation that we should save up little
by little. Regardless of percentage you set for your savings, the most
important thing there is to save. Make it grow and make it flourish. Even in
stock market investing, we are often told to invest little by little. Do not
pour in all your money in there. Investing is also not done overnight. It takes
time and the trend is also little by little.
In here, we are also taught of the value of patience. No one
becomes wealthy overnight. It will always take time and discipline to do it
regularly and do it continuously. If you are already doing such, you are
already in the right path.
Remember, gather money by having multiple income streams,
collect and save the money you’ve got little by little, strengthen your income
streams and fortify your savings.
P.S. To those doing the 52 Week Money Challenge and 52 Week Money Challenge Version 2, it is Week 16 already! Did you deposit the next amount yet?
P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.