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You want to be rich
What product or service do you offer or sell ? .
And How many people do you sell to ? .
The richest man in the world
Elon must is the best sales person in the world . Because the more he sells the more profit he get on his product .
You are paid according to the value you add to the world .

The law of selling .

Ebo Yawson

You can't change your finances with the same money behaviours that made you broke, if you want to change your finances from bad to good make it a daily decision to change your daily wrong money Behaviours, bad money attitude, and bad money decisions
You can't use the same behaviour and mindset that made you broke to become rich or wealthy.

Ebo Yawson
Financial literacy Eductor
Building IT for the future
( BITFTF)

5 WAYS TO IMPROVE UPON YOUR FINANCES

Most people make yearly resolutions at the beginning of the year but are not committed to it in it application and implementation all because of lack of discipline.
Money is a commodity if you don't treat it well it will not also treat you well.
And the issue of finance is one of the major causes of problems in the world.

And for you to improve upon your finances
We at Ebenson consult have given you Five ways we can improve upon our finances going into the year 2022

1. CONSOLIDATE ALL YOUR MONEY INTO ONE ACCOUNT.
This is one of the best method I used in improving my finances in the year 2019.
Especially if you are a businessman or an entrepreneur who get money from different sources.
Consolidating of all your money into one account is putting all your money into one account for you to know the amount you have at the end of every month before allocation it into various accounts using the 70,10,10,10 principle.
This will help you to avoid unneeded spending and purchasing as this will enable you to track down all your income before spending.

2. BUDGETING.
After consolidating all your money into one account.
The next best method to use in spending wisely your money is to budget it uses.
I believe in the use of the 70% 10%,10%,10% principle of budgeting.

70,10,10,10
You use 70 % of all your income on your expenses,10% giving to God or charity, 10% on saving and 10% on investment.
This method of budgeting is good, and can help improve upon your finances.

3. BECOME A STUDENT OF FINANCE OR A STUDENT OF MONEY.

Most people complete school and have never read a book on personal finances or money after school . knowledge is progress and the more you learn and read the more you learn, relearn and unlearn.

Most of us are not interested in the issues of finances or money, but most of our money problems is caused by lack of knowledge about money or finance.
Reading and learning about money and finance open up many opportunities for investing and gives you enough knowledge base on certain decision on your personal finance.

Reading, listening to audio book on finances,self-improvement books will better your personal life as well. “
Most billionaire and millionaires read averagely 52 books in year, but poor people don't even finish a book in year.
Remember readers are leaders and you become what you read and listen to.

4. SAVE, SAVE, AND SAVE
Saving money is one of the most difficult habits or good money behavior to have. Most people believe in instant gratification not delay gratification, so because of that we spend to impress people who are only not interested in your life by wasting our money on buying liabilities and not asset .

Saving money is a good fortune, and a good feeling if you are can see some amount of money in your personal account. Money saved today can save you tomorrow.

5. SET A FINANCIAL GOAL
Among all the goals you will set for yourself . Get yourself a 10-year financial development goal.

From 2022-2032.

A definite goal with a clear vision and a plan of action to implement and work with it. (if you are single do it by yourself and if you are married or dating or planning of marriage plan it with your wife or husband).
It will not be easy, but with discipline and determination you and I can be financial stable and independent in 2030.
Write it down and paste it in your room for you to see it every day. Pray about it and commit to implement it. And you will get there.
Improvement does not take a day, but it start with a day, and we are starting from 1 October 2022 to improve ourselves every day and with consistency and discipline we will get there.

Ebo Yawson.
Ebenson consult.
Call : 0541360633

Moneymatters
20/09/22.
Do you know your money character or personality.?
Here are
10 money character or personality you should know and associate and identify yourself with.

1. The INVESTOR
This money personality is mostly interested in growing and increasing any money that they get . Some of them are high risk tolerance and take very high risk with their money’s .
Example of such a character is dangote (The richest man in Africa) . They are always investing.

2. The waster .
This money character or personality is most common among the youth.
This character turn to waste and misuse their money on things that does not add any value to their life . The use the money to enjoy themselves and like smoking,clubbing and waste it . Example is The prodigal son in the Bible .
They always think money waste created for it to be wasted and always think that money will always be there .

3. The spender .

The spender type of money character mostly don’t spend their money or income on incoming generating activities but rather on things that takes money away from them .
They like to buy expensive things thinking that they are asset but in actual sense they are liabilities.

4. The saver
This is money personality type are afraid to take risk with their money. They believe saving money is the only way to feel secured in life .
They save without a purpose and a reason . They are very frugal and want to sometimes buy at a very low price .

5. The money makers .

This personality is always chasing or believes that earring more money will give them happiness. They get pleasure and happiness from how financial secured they are and how other people recognize them for their financial success.

6. The Worrier
This personality is always worried that he or she will lose his or her hard earned money ,they lack confidence in their abilities to become financial free,
They always feel that their money can disappear anytime and are always worried .
They don’t feel secured when even when they have more .

7. The religious and the Righteous.

This money character think that money is evil and ,don’t like to be associated with money because they think that the less money you have the more righteous they are . This money character always pray to God for either money or for God to manage the money for them . The will give you religious Quote to back their clam that money is evil .

They always give without considering where the next money will come from believing that God will bring them more .

8. The Gambler .
This people also want to double their income or money fester .
They are 100% risk takers but
They are more like the investors and spender
The thrill of risk and promise of reward is a pleasure unto itself that they can quickly get lost in.
They gamble away their money sometimes for the purpose of escaping boredom.
Example is the sport betting or sport betters .

9. The impressor .
This money character or personality show off or try to impress people that s/he has money , so they will always want to be in the good books of friends,family members and association members because they want to prove a point to them that they also rich or have money . They give without budgeting

They give without considering the future . They can even borrow to give to show to people that they have , mostly they buy expensive things to impress people who don’t have them at heart , all because they don’t have to impress them at all cost .
They boast that they have .

10. The Impulser .

This money character or personality also buy things, they always want to impress. They don’t stick to their budget and mostly their always broke and want more money to buy more things without considering the outcome.

Bonus.

11. The Ant 🐜.
This take the character of both the saver and the investor .

They know that we have two type of seasons in money the raining seasons where there is plenty of money coming and incoming flowing and dry seasons where there is no incoming coming and no money coming .
The Ant personality save to investor in the raining seasons,so that when it the dry seasons,they will fall on their saving or investments to take care of themselves.

They don’t give up on themselves when they face financial difficulties and always know that the future is bright with the some money they get today .
The save to investor .
They are stronger and bold and they take responsibilities for their finances..

Ebo Yawson

Moneymatters
19/09/2022.

Audio available

4 steps in money management.

1.Budgeting
2.Savings
3.Debt payment
4.Investing

Moneymatters 19/09/2022. Audio available 4 steps in money management. 1.Budgeting 2.Savings by Financial Literacy Books Moneymatters 19/09/2022. Audio available 4 steps in money management. 1.Budgeting 2.Savings 3.Debt payment 4.Investing

Quote .
16/09/022.

Money is neither evil nor good . It takes the character of it owner .

Ebo Yawson

The Entrepreneurship Journey.

Theme : The struggle is real

All life demands struggle. Those who have everything given to them become lazy, selfish, and insensitive to the real values of life. The very striving and hard work that we so constantly try to avoid is the major building block in the person we are today.

Pope Paul VI

Hardly have I seen anyone who is great that did not struggle.

The Entrepreneurship Journey is not an easy Journey to think 💭 that success will come without any heard work . It a struggle because from the first 5 years of starting is the most difficult stage .

That why most businesses fold up in their first 5 years of operations.

struggle from having only a vision or an idea with no connection or money capital to start,from having no customers to registering your business without an office space,from failing on several opportunities and people cheating you, discouragement from friends and family ,the demotivating words and many more .

Those and many more struggle one is likely to face on the Journey of Entrepreneurship.

The struggle is real, but we need to accept the fact that it will not be an easy Journey and turn those struggle into our adventure,learn from it and grow with it .

Is like planting a tree 🌲. You may start with a seed or seedlings 🌱.

You need to water it,fertilizer it
W**d around it, prune it and nurture it to grow , a bigger storm can bring it down,an animal can step on it for it to change it shape and a whole lot .

But if that desire is too strong
You will bring it up and nurture it again till it bigger bigger tree 🌳.

The journey is a struggle even after 5 years of operating.

And is a daily struggle

Ebo Yawson

on Friday.

How to Avoid lifestyle inflation or lifestyle creep .

What Is Lifestyle Inflation or lift style creep .?
Lifestyle inflation refers to an increase in spending when an individual's income goes up. Lifestyle inflation tends to become greater every time an individual gets a raise and can make it difficult to get out of debt, save for retirement, or meet other big-picture financial goals. Lifestyle inflation is what causes people to get stuck in a cycle of living paycheck to paycheck where they have just enough money to pay the bills every month.

Most people have the tendency of spending more because they have more income . Is one of the biggest problem in our journey to financial freedom. Which if not dealt with will not help one to achieve his or her savings goals or investments goals .
It will always make you broke .

How do you avoid lifestyle inflation or creep

1. Have a monthly budget
2. Have a smart financial goal
3. Live below your means
4.Avoid impulse buying
5.Automate 10 or 20 % of all income to your savings account . For salary workers a standing order to your banks will do

6.surround yourself with like -minded individuals

Ebo Yawson

The desire to achieve financial freedom requires self discipline on your finances.

Ebo Yawson

Seek freedom and become captive of your desires, seek discipline and find
your liberty.” – Frank Herbert

Plan the use of your money .

Financial Planning Is Bringing Your Financial Future Into The Present So That You Can Do Something About It Now.

Ebo Yawson

10 principles for investments
👉🏾
1.Plan and set your investments Goals .

2. Be patience and delay gratification.

Don’t be in a hurry to eat all your eggs 🥚.
Every good thing takes time .

3.Think long term not short term .
This will help you for future

4. Use the power of compound interest
Reinvest your investments return.
Don’t eat all the interest or profit you have on your investments add some to the main amount your invested and reinvest .
Business is called ploughback your profit.

5. Focus

6. Learn and read more about your investments.
Knowledge about your investments is the best investments you can have in any investments venture

7. Start but start today and start small if the need be .
Everything in life started small
And without action or starting you can’t get to your investments destination.

8. Use the rule of 72
Money doubles by the "Rule of 72". To determine how long it will take your money to double, divide the interest rate into 72. For example, an account earning 6% interest will double in twelve years (72 divided by 6 equals 12).

9.Use the dollar cost average of investment method if you are investing in the stock exchange market
Dollar cost averaging is the practice of investing a fixed dollar amount on a regular basis, regardless of the share price

10.Be consistent and discipline

Bonus .
11. Diversify

Don’t put all your eggs in on bucket

Ebo Yawson

The rich man spend like the poor and the poor spend like the rich
The rich man spend most of his money on things that generate more money (Assets)
The poor man spend most of his money on things that takes money from him ( liabilities)
The difference is not the amount of income that one takes , the difference is their spending habits.

Ebo Yawson

Ebenson Susu Ventures is now on WhatsApp.

Sales officers needed .or mobile banker needed

Save with us .

What Is an Investment Vehicle?
An investment vehicle is a product used by investors to gain positive returns. Investment vehicles can be low risk, such as certificates of deposit (CDs) or bonds, or they can carry a greater degree of risk, such as stocks, options, and futures. Other types of investment vehicles include annuities; collectibles, such as art or coins; mutual funds; and exchange-traded funds (ETFs).

Ebo Yawson
The financial freedom coach

Sales officers need Susu ventures
Call 0541360633/0240868357.

Rules of money
Part 2.

5.Pay yourself first ( save money before you pay any other expenses.)

6.Pay any higher interest loans.(A bad debt :debt that don’t bring in income )
Don’t become a debtor or a slave to a lender or bank.

7.Have an emergency Account with a last 6 of your salary in it with easy withdrawal access.
This is account that is sit aside for only emergencies purposes .

8. You are a definition of your money .Money only shows the character and behavior of it owner .

Ebo Yawson

RULES OF MONEY
Part 1
1.Spend less than you get as income
And save the rest to invest

2.know your value
Know your total worth ,if you are not ok with it increase your worth by investing in yourself to rise your level

3.Budget . Helps to plan the use of your money ,it prevent wastage of your money

4.Create a simple money management
Automate most of your income .

The world is not looking for people who fear
The world is looking for people who have overcome their fear (comfort zone) and are ready to take risk to make the world a better place .
Become one today .


EboYawson

Work on yourself,that is the best investments,nobody can take from you. And it is the best investments with the highest returns. .

Ebo Yawson