THE MONEY SYSTEM.

As I grew up, I learnt so many things in school. From mathematics to english language, from sciences to arts. In science, I learnt of so many systems and various cycles like solar system, water cycle, respiratory system, carbon cycle… and many more. I see the relevance of some in everyday life while some others are at best textbook knowledge. But it amazes me why an important element in life was not taught neither were we made to understand its own cycle. Ever heard of money cycle?

Money works in a cycle which must be allowed to follow its natural course. Any attempt to circumvent this cycle makes you the loser. Rather than being the one in charge, money takes over and begins to rule you. An understanding of this cycle gives you mastery over money. It ceases to be an issue to you because, not only do you have it in abundance, you also have it flowing non-stop in an increasing dimension. Let’s take a look at the cycle.

Making money: Many are familiar with this. Here you work for money, do a business to get money or sell some skill or service in exchange for money. This should not be trivialized. You should be doing something to make money and value what you make no matter how small it looks to you.

Managing money: This is a crucial phase hinged on discipline. Your action/inaction here will determine whether you will progress to the next phase or revert to the former. Proper management of money will see you meeting your immediate needs while leaving you some good savings. The best practice is to save first and budget your expenses around what you have left.

Mastering money: This is similar to the previous, but with an extra skill. It’s called self-control. It would be of no use having disciplined yourself to put some money aside only to go back and spend it. Many never pass this stage. Choose to never touch your savings. No matter how small it looks now, it’s the seed with which you will create your financial future.

Multiplying money: Here, you send your money on errand to go and create another cycle. It’s often called investment. It could take many forms from portfolio to passive, from real estate to commodities… the list is endless. With a proper investment in place, the money just keeps multiplying as more cycles are being created with ever-increasing streams of income.

Systems always work. Cycles are endless. The earlier you realized the dynamics of ‘the money system’ and aligned yourself to it, the better.

Thanks.

Tochi Edwards