9 Financial Sins by Dr. Peter Kimbowa
1. Peer pressure
2. Investing in liabilities instead of assets
3. Believing you can save your way to wealth
4. Cultural blackmail & dependency ratio
5. Inability to use failure as a stepping stone
6. Financial illiteracy
You lose money when you do nothing with it.
In this month of June, prioritize investing.
Investing isn’t only for those with big money. The big money started small & accumulated through compounding.
@XenoUganda through minimum deposit of 10k can enable you invest 4 your goals.
If you remove labor and depend on favor. You’ll be hungry.
Labor is better than favor.
Labor and your skills will give you favor not the other way round.
Discipline in one thing leads to discipline in another thing.
Look at the 5 Fs & evaluate. Ask yourself where am I?
This is the first half of the year.
Don’t sit back & relax. Own up your mistakes & take charge.
Be responsible for your success. I wish you great prosperity.
Do you know that over 800,000 people use XENO to plan, save and invest for their financial goals?
👉 https://t.co/NnUkTS3pVn
The best time to start was yesterday. The second best time is today. 🌱
Your XENO portfolio isn’t a black box. Based on your goal, it’s a tailored mix of 2 or more of our unit trust funds.
Want to see your exact mix?📲Tap the Goal, Select 'Investment Strategy'
See your spread across Money Markets, Bonds, and Shares to help you achieve your goals.📈
#FinancialFriday
Delayed gratification is your secret weapon.
Make small sacrifices today so that it can compound into big advantages over time.
Proverbs 21:5 - The plans of the diligent lead to profit as surely as haste leads to poverty.
#FinancialFriday
“In reading the lives of great men, I found that the first victory they won was over themselves. Self – discipline with all of them came first.”~ Harry S. Truman
"The person who builds wealth optimises for later."
Be disciplined and optimise for LATER.