First Pillar - GATHERING WEALTH.

First you need to create Multiple Sources of incomes to have a breakthrough in your finances. You have to create several sources of income beside your main source of income to increase your income and caution your main source in case it is cut.

Next step is to Budget the income gained. Budgeting help to stop living beyond your means and to enable save a few coins for future developments. Savings make financial growth if well invested and therefore it’s important to look for proper ways of investing your savings and remember to consult professionals not to burn your fingers. You start growing slowly and finally you get yourself there.

Financial growth depends on your investment attitude.

Second Pillar -CONSERVATION

Conserving the savings we have accumulated in pillar one is very important. Many things happen in our lives which end up eating the savings. For example once we get job we marry and start creating family and these families need our provision and protection. So things like children education starts coming in, housing, Family medical bills etc. All these calls for your attention and they can exhaust your savings completely.

So how do we protect our savings????

Insurance comes in this pillar. This is where you become friends with your Ryma Insurance. Take covers to take care of Education, Medical bills, protect your properties from any eventualities etc. you transfer the risks to the insurance so that the journey for your financial freedom is not disrupted. Take insurance to protect your Children Education and include different riders to guarantee your child education. Take medical insurance, medical can wipe away all your savings. Start with what you can afford and advance as you go by.

Insure your properties; have you ever imagined your house on fire? Where would you start? Protect your property!! Don't go back to square one always consider insurance for your properties. Set aside Emergency Fund; l always advice everyone to have a little savings in liquid which would be used for emergencies. With this you are able to sort yourself out in case of anything without touching your savings.

Third Pillar – DISTRIBUTION

A dream which has no continuity is as good as dead.

I wonder how many of us prepare our children in advance to inherit our dreams. Many motivational speakers has been pointing that we are producing consumers generation rather than children who can continue our dreams.

We need to do proper upbringing of our children and instill the right seeds in their lives. I love the Indian community way. Most Indian children grow in their parents business watching and doing what they know best. Mentorship of your dream inheritor is very important to ensure there is continuity even when you are not there.

Distribution is the most difficult pillar in our lives today. We watch prominent families fight for wealth which ends up held in trust while the owners are busy fighting in courts.

Everyone including me should do a will and deposit them with our lawyers to avoid those fights while you are gone. At the time of resurrection I would love to wake up and find the wealth I left multiplied into billions and put into proper use by children of my generation.