Proven reason why you are broke!!!

Many people the world over work as hard as they want. Very many hustle around the clock seven days a week. The fact is that if they do not change the dynamics of their finances and time, they shall keep working.

Many have seen a significant change in their income and real net worth by rewiring their thinking about money and by grasping and practicing this one key fact.

The top reason most people are broke and stay broke is that they’re consumers, not investors.

Do you agree? Maybe like me, you know people who make a good 6 figure income with attractive job titles, car leases, and big houses, still, most of them are broke with zero or more likely a negative net worth, virtually no free time, and little truly disposable income. Do you know any? Are you one?

NOT being broke month after month, frees you time. More so if you are an investor, not a consumer.

I do not mean that you cannot or should not spend money and enjoy nice things. What I mean is that you should learn to invest first and watch your investments pay for all of these other things. Invest in yourself by putting your money into things that increase your worth and passive income like education, property, etc., instead of buying things that go down in value over time like clothing, homes, good food, etc.

By Victorine Mbong Shu.

Victorine is in education and training since 2002. She is the CEO of Profounder Intelligence Management Services, an Authority Coach, a Publisher, Editor, Researcher, Transformational Speaker, Mentor, Material Developer, Facilitator, Assessor, Moderator and TV Talk Show Host at Children Television South Africa (CTVSA). She is the owner of Profound Conference Centre in Bramley-JHB. She and Dr. Fru are raising 4 bubbly children, including Africa’s youngest multiple award-winning author of chapter books, Stacey Fru. Victorine is a respectable Involved Parenting Conversationalist with a Master’s Degree in Communications. She is a BrandSA Ambassador and Awards Winning Author of the following books:

  • Stop Complaining! and Bring Back Involved Parenting,’
  • ‘Trapped in our shadows,’
  • ‘Proven habits for financial freedom,’’
  • ‘Not too late: Stop Complaining and Bring Back Involved

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  1. Try to read a bit “The best estimates come from research by the Institute of Taxation and Economic Policy, a Washington, DC, think tank, which suggests that about half of undocumented workers in the United States file income tax returns. The most recent IRS data, from 2015, shows that the agency received 4.4 million income tax returns from workers who don’t have Social Security numbers, which includes a large number of undocumented immigrants. That year, they paid $23.6 billion in income taxes.

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