How to overcome financial struggle and grow rich – James Alo

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The school of wealth vol 1

Topic: Don’t struggle to buy liabilities                                         

Read How to overcome financial struggle and grow rich – James Alo. One of the reasons some people are struggling financially today, is that they are working hard to buy liabilities instead of assets. If you want be rich you must know the difference between assets and liabilities. What is a liability? a liability is something you own that is taking money from you for maintenance, and it does not make money for you.

How to overcome financial struggle and grow rich – James Alo

While asset is something you own that is making money for you, without your effort or presence. Some people are working hard this year to buy a car for private use. No matter how much a private car cost you, it is a liability. You should not buy car first, when you don’t have something that is making money for you. Instead use the money to start a business, or invest it on something that brings return monthly or quarterly even yearly.

How to overcome financial struggle and grow rich

Then use your investment returns to buy the car. Don’t buy a liability out of lack, instead buy it out of abundance. When you struggle to buy a liability, it keeps you struggling, when a poor man buys a liability, it makes him poorer. If you want to be rich, work hard to build assets and let your assets buy whatever you want.

The school of wealth volume 1 – by James Alo

How to overcome financial struggle and grow rich

Welcome to James Alo ministries

James Alo ministries is a school of wealth, that provides business and financial education to people.

About the writer

James Alo is a business writer, speaker and Evangelist. He writes and speaks on self development, business and finance. With a mission to make people rich. He has been liberating millions of people from poverty around the world, through writing and speaking.He is the president of James Alo ministries.

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