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Sunday, September 02, 2018

7 Cures To Lean Purse - How To Fatten Your Purse

We all had lean purse and we could not make them fat. Not because we couldn't but weren't aware of how to.

Cures toblean purse photo


But as soon as I was able to lay my hands on The wealthy Barber Returns and The Richest Man In Babylon, I knew how and In this post, am going to share with you.

Are you looking for ways to fatten your purses? Who wouldn't want to! These seven cures have been around us for the beginning of time we weren't just aware or we didn't have someone who could have told us before now. But now you know them.

1). Start your purse to fattening
You can refer to this cure simply as SAVINGS. How do you start your purse to fattening via savings? It is simple and also difficult. Simple in the sense that you will have to save some percentages of your monthly income, at least, 10%. Difficult in the sense that you will have to discipline yourself to do it for a very very long time.

"Which desirest thou the most? Is it the gratification of thy desires of each day, a jewel, a bit of finery, better raiment, more food; things quickly gone and forgotten? Or is it substantial belongings, gold, lands, herds, merchandise, income-bringing investments? 

The coins you take from your purse bring the first. The coins you leave within will bring the latter.

2). Control Your Expenditure
How can a man keep one-tenth of all he earns in his purse when all the coins he earns are not enough for his necessary expenses?

That what each of us calls our 'necessary expenses' will always grow to equal our incomes unless we protest to the contrary. "Confuse not the necessary expenses with your desires.

"Study thoughtfully your accustomed habits of living. Let your motto be one hundred percent of appreciated value demanded for each coin spent.

Budget your expenses that you may have coins to pay for your necessities, to pay for your enjoyments and to gratify your worthwhile desires without spending more than nine-tenths of your earnings."

3). Make your gold multiply
Now that your lean purse is fattening, it is time to put it into labour that it can work for you and multiply. The money you saved do nothing than to just stay there. 

To make your purse fatten more, Arkad advised, learn to invest your savings. When you invest your coins, if wisely done, shall bring more coins to you. But if done without knowledge, shall take more out of your purse. To make your gold multiply, learn from those experienced and trustworthy in investment.

Put each coin to laboring that it may reproduce its kind even as the flocks of the field and help bring to thee income, a stream of wealth that shall flow constantly into your purse."

4). Guard your treasure from loss
"Misfortune loves a shining mark. Gold in a man's purse must be guarded with firmness, else it be lost. Thus it is wise that we must first secure small amounts and learn to protect them before the Gods entrust us with larger." So spoke Arkad.

It is easier for us to be tempted by opportunities around us. It is easier for friends to lure us away from our goals. Yes, we do feel pitiful. But with all these, you must guard your investment from loss.

Arkad advised, "study carefully, before parting with your treasure, each assurance that it may be safely reclaimed. Be not misled by thine own romantic desires to make wealth rapidly.

"Before you loan it to any man assure yourself of his ability to repay and his reputation for doing so, that you may not unwittingly be making him a present of your hard-earned treasure.

"Before you entrust it as an investment in any field acquaint yourself with the dangers which may beset it. Be not too confident of your own wisdom in entrusting your treasures to the possible pitfalls of investments. Better by far to consult the wisdom of those experienced in handling money for profit.

Guard your treasure from loss by investing only where your principal is safe, where it may be reclaimed if desirable, and where you will not fail to collect a fair rental. Consult with wise men. Secure the advice of those experienced in the profitable handling of gold. Let their wisdom protect your treasure from unsafe investments."

5). Make of your dwelling a profitable investment
Be always eager to build your house than pay for rent. If you want to decide which of either car or house to go for, what will you choose? To build a house or buy a car? You will be filled with happiness when you live in your own house than the fear of being evicted. Owning your own house reduces your expenses. Let go of the immediate gratification...own thy own house!

6). Provide for old age
Provide in advance for the needs of your growing age and the protection of thy family. Don't live to gratify all distracting pleasurable things around you. Don't live all from hand to mouth.

7). Increase your ability to earn
Do you have the desire to earn more? Then let your desire burns "Preceding accomplishment must be desire. Before you can accomplish more, you must desire more. Your desires must be strong and definite.

Cultivate your own powers, to study and become wiser, to become more skillful, to so act as to respect thyself. Then shall you acquire confidence in yourself to achieve your carefully considered desires.


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