Some Tethers for Your Money

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Money develops wings and flies away, if you don’t want to lose your hard-earned money, there are tethers to tie it down.

As an employee, your main purpose of working should not be for money only, you have to also work to learn and for assets. You have to learn to tie most of your hard-earned money through some tethers. These tethers are called assets.

Six assets out of many to tie your money down are as follows:

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  1. Business
  2. Real Estate
  3. Paper Assets / Securities: These are referred to as liquid assets. Paper assets include Stocks: Shares bought personally from a company.
    Mutual Fund: Shares bought for many people.
    Bond: Loan to companies/government
  4. Commodities: Gold, Silver, Oil, etc.
  5. Books: Books you’ve written or product you’ve created.
  6. Education

 The Big Idea

When it comes to Financial Literacy, it was not taught in school, hence, you need to learn from people who know the subject well. Learn from people like:

 

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Author: Peter Adewumi

Peter Adewumi is an Amazon author of "Virtues for Riches" series, "Romantic, Inspirational & Motivational Poems," "Attributes of Successful Employees," "The End Matters Most," & "A Lonely Ward in a Comely World."

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