SHM SUCCESS TIPS_Not Money, Please.


God has never and will never think in monetary terms. Show me one thing He created with money and I’d shut up. None?
So, I encourage you to stop praying amiss for money. I make bold to say that no amount of night vigils or fasting will put money in your pocket or food on your table. Anybody who teaches you so does not himself understand the way God prospers. Why? Because it is contrary to the principles of our principled God.
Pray instead for ideas. The chair you sit on came from someone’s idea. In fact every raw material God created in this world have made people and nations money because they generated ideas to mine and market them! It is not enough for you, for example to catch game. You must add value to it by knowing how to roast it!
That is the classic problem of developing countries with mineral resources. They have oil, but cannot refine it. They have cocoa but cannot turn it into chocolate drinks. So, they export it to the developed countries who add value to them and sell it back at exorbitant value.
I repeat, pray not for money; instead pray for unique ideas. Like God gave Jacob in Laban’s house; like He endowed Joseph with in Egypt; such as He gave without measure to the Lord Jesus Christ who went about doing good relieving those oppressed.
Think ideas, pray for solution to problems that will make a difference in your environment.
That’s how you prosper, that’s how you conquer poverty. It’s your time to shine and I see the season changing for you.
You shall excel in Jesus Mighty Name.
© February 2016. Salvation House Ministry.

Financial Issues – How You Can Be Debt Free, Part 2.

  
Financial Issues – How You Can Become Debt Free, Part 2.
In part 1, I introduced the topic, made general statements of principle and shared a life defining experience for me, shaped by my Mum. Today, we want to examine tips that should keep you debt free.
By the way, if you are yet to receive my replies to your questions it must be because your correspondence details for reply are not quite right. You may wish to take another look and resend.
Now, there are several definitions for debt, but my personal definition is simple: By their nature, debts are losses acquired ahead of income! Losses because they are more than the income that comes in. Look at the definition again and you will discover my first tip.
(1) Never spend more than you can bring in! Simple right? Don’t count on it! Let’s do a small test. Your income is, let’s say, N150,000 (One Hundred and Fifity Thousand Naira only) per month. After deducting for essentials and running cost, let’s say you have a disposable income of 30% which is N45,000 (Forty five thousand Naira only). What do you do with this? I bet the reaction of some would not be to keep this locked up in savings or investment. More people than I can remember who I have counseled on finance confessed that at the end of the day, this ‘extra’ gets spent – on what they cannot even recall!
So, if you see this disposable income as just that – something expendable, then automatically remove the covering you have to weather the storm of any emergency spending that may arise. Adopt the principle that no income is disposable but extras must be banked!
(2) Never enter into a market (super or otherwise!) without a shopping list. Research has shown that any shopper who does this ends up spending about a third more than is really required! See, entering a market with a shopping list suggests that you already have an idea of how much you really need to buy and spend; and you have no business been in that market if you had not made a list! Why? A lot of impulsive purchases happen from the ‘innocent’ venture of browsing in malls and supermarket! And you end up spending more time than required. So, discipline yourself by making a list and sticking to it. You will cut down on your expenses by at least 30%. I saw my mum do this time and time again, and she corralled my sister and I to make those lists! No wonder it has never left me.
An interesting aside on making a shopping list is that many times I end up buying less than I have written down. For reasons I have not yet fathomed, I just discover that I could even do without some things on my list! Has his happened to you before?
(3) Do a direct debit for savings or investment. A wise tip is to pay yourself first out of every income that you get in. The easiest way to do this is to open a savings/investment account and do a standing order to deduct a percentage of every income straight into such account. Now, this does 2 things for you immediately. First, it grows a safety net for emergencies and/or investment; second, it gives you peace of mind that you are not vulnerable. This cannot be quantified because your mind has leverage that would allow you move on and think more of how to improve your finances.
(4) Do not borrow for consumables. Now, it is practically impossible to do some kinds of business without resorting to funding because of the vast capital outlays involved. 
However, as a private legal practitioner who is privileged to work for financial institutions, one thing I have discovered over the years is that loans and overdrafts easily go bad when same is utilized for consumables. 
Simple put, consumables are expenses that cannot pay for themselves, like salaries, emoluments, automations that do not generate direct income like status cars etc. So, never borrow for consumables. If your borrowings would not add value to you or your business in a way that it will afford a return of investment, do not take that loan or overdraft. My own principle has always been if I can’t find it, I can’t spend it. The money you take a loan or overdraft, the cost of taking that money itself already compounds what you have to pay back. 
Let me give a practical illustration. Imagine you take a loan to buy a bag of rice valued at N10,000 (Ten thou shad Naira only). The moment you take that loan, it becomes N10,000 plus the interest element applicable to the loan. This is the real cost of that bag of rice! Now, if you bought the item to feed your family, then that value is drained because it cannot amortize itself by bringing in money! So, borrowings should only be for production, not consumption.
(5) Cut down or eliminate the cost of cultural pressures. What do I Mena by cultural pressures? Activities that cost us money because we want to be part of a crowd. In Nigeria (as in other parts of Africa and the Caribbean), festive occasions put a lot of pressure on resources. Until my wife and I delivered ourselves from this menace, we have ‘wasted’ resources that otherwise would have added value to our lives! 
Let me be practical. For every wedding, burial ceremony and the like society expects you to buy clothing materials picked by the celebrant – called Aso Ebi in my Yoruba dialect. Now, if you have such ceremonies once a month (although for some this happens every week!), and you buy a piece of 6 yard cloth for N4,000 (at times as high as N25,000 or more!). Multiply that by 12 months and you get N48,000 (Forty-Eight thousand Naira only). This does not include the accessories expected to compliment the material! Do this for 10 years, and you have lost at least N480,000 (almost half a million Naira!). Consider that you invest that same amount in mutual funds! How much return do you reckon you would have made?
No matter your income band, this is money wasted! I have yet to hear a justification that removes the stench of wastage my mind now attaches to this use of resource! The honest truth is that many of us spend ourselves into financial morass unwittingly!
(6) Cut up that Credit card! There is absolutely no commercial sense to spending money you have not yet earned! None whatsoever! 
In economies where credit is liberally accessed, the ratio of users to borderline poverty is high. A study of multi-millionaires in the United States showed clearly that only 5% of the pool those surveyed use a credit card, despite been offered premium service by most card issuers. That is not even the key thing for me. The reason for this was what opened my eyes – those surveyed claimed that they never regard credit card use as Other People’s Money (OPM)! That it cyclically puts active users in debt! Rather, 65% of them preferred debit cards and coupons (say what?!) for their purchases!
So, I repeat my counsel, cut that (or those) credit cards in pieces!
In part 3, I will address how those who may have fallen into a debt trap can successfully come out of it. 
It is my wish that you succeed and prosper. If you think I may be of any help, please get in touch with me. We will share our experience and help you with tips. My contact details are below:
salvationhouse@gmail.com or +2348098445165. You can also like our FaceBook pages – SalvationHouse and Adewale Adeniji_Nation, Heritage, Self – to get regular tips on life issues and success. 
Now go and achieve!!! I love for you to succeed! 
© February 2016. Adewale Adeniji.

Financial Issues – How You Can Become Debt Free, Part 1.

  

We now live in a world where you are constantly assailed with a lot of advertisement, (mostly subtle), where you are surrounded by a plethora of consumer goods and items that appeal to the ego, where you are encouraged to hold plastic credit cards that offer the illusion of instant cash access, where you are required (at times by regulation) to carry debit cards even on saving accounts.
The ultimate effect of all the above on the unwary is a gradual descent into debt, often a lot of debt that way outstrips income. And the capitalist financial doctrine is very unforgiving to a debtor – personal, corporate or national!
By careful choice I have been able to avoid the pitfall of dibilitating debt, despite the fact that I have been a successful business entrepreneur since January 1990 (privileged to grow a business from scratch, employing scores of professionals to boot, without ever failing to meet commitments and more importantly without debt!)
So, I can confirm from personal experience that living a fulfilling, debt free life is possible. And so can you!!!
Also, I need you to know that since 1997 I have carried, and continue to carry credit cards denominated in British pounds sterling and American dollars; and of course, Naira debit cards. Despite these ‘traps’, I can still confirm that a fulfilling life, free of debilitating debt is possible!
If you permit, in this series, I would like to share with you tips that continue to work for me.
But before then, let me share with you an experience I had with my mother (now of blessed memory) in 1982. I was an undergraduate then, the first in fact in my family (nuclear and extended), so I had this attitude of entitlement. For those who remember that period, it was a season where Caudroy trousers was the must get for guys. (If not, don’t worry you missed nothing major!)
Long story short – I needed one and asked my Mum for it. She promised to get me one. And because I knew her never to go back on her word, it was settled in my mind. Or was it? Days became weeks that became months and no pair of Caudroy pants! Can’t she see that I stuck out as a sore thumb among my friends? I tried every trick in my arsenal – constant reminders, grumpy, rude mannerisms, subtle and obvious emotional blackmail, ‘hunger strike’ when she wasn’t looking etc. Still, no dice! 
Was I frustrated! And boy, did I show it… She plainly ignored me. And I couldn’t protest to my Dad! Why do you reckon I didn’t approach the Head Master in the first place for my pair of Coudroys?
After a while Caudroy trousers faded in fashion and Denim jeans came on board. Of course my friends moved on to these new items of choice. Then my Mum bought me two (not one) pairs of Caudroy trousers!!! I mean, who does that?

My reaction? You guessed right!
I was least pleased, and contrary to my home training refused to say ‘thank you’! And I made my feelings known! I mean, what for? Who wears these things anymore? You wouldn’t catch me dead going to FAZE 2 (a popular lounge proximate to the University of Lagos, Akoka where boys had fun) in these trousers – not any more! 
And then she dropped the bombshell – IF AFTER THIS LESSON YOU STILL FOLLOW THE CROWD TO ACQUIRE ALL MANNER OF STUFF THAT ARE HERE NOW AND GONE SOON, YOU WILL FIND IT HARD TO SAVE AND REALLY BE FINANCIALLY FREE!
Viola! I got the lesson, prostrated my apologies and thanks as trained and began to enjoy my largesse! Funny thing though, I thoroughly rocked those trousers, and even my Jeans wearing friends made a detour to their Coudroys once in a while! (Don’t ask me what I did in them – wouldn’t even tell you!)
Let us end it here for now. In part 2, I shall take you on a journey of how to live through this season of ‘free’ credit and remain debt free. Part 3 will deal with how to get yourself out of a debt hole you may have fallen into.
It is my wish that you succeed and prosper this year more than before. If you think I may be of any help, please get in touch with me. We will share our experience and help you with tips.  
My contact details are below:
salvationhouse@gmail.com or +2348098445165. You can also like our FaceBook pages – SalvationHouse and Adewale Adeniji_Nation, Heritage, Self – to get regular tips on life issues and success. 
Now go and achieve!!! I love for you to succeed! 
Copyright emphasized. 

2016, GOALS & YOUR ROLE

  Based on reactions to my last post on 2016, Goals & Imagination, I have decided to do a follow up with this title. Many got in touch with us to know why many set goals do not end in result despite engaging their imaginative powers. Some claim this has lead to frustration; while some have given up. I trust that we should be able to address this issue here with the help of our eternal teacher, the Holy Spirit.
First, let me say this straight away – I am a praying person. Those who know me personally know that I love to pray, and by His grace my life is a testament to the efficacy of God’s manifest assistance through prayers; and I remain eternally grateful for this. 
I need to say this because of my MAIN POINT in this piece, which is :- God will not do for man what He has enabled man to do for himself! And this is where most who set goals miss it. Yes, prayers are efficacious, but to succeed (the ultimate function of set goals), you (not God) has more roles to play! Am I saying you should not pray over your goals? No! Am I saying you should not remind God that you have goals set, and need His help? No!! So what exactly am I saying?
Change the manner of your prayers already! As a vessel, I see many prayers that will not be answered by the Almighty, even if He wanted to! For example, when a person prays for God to ‘make me a millionaire’, frustration will soon set it because that is not God’s job to put physical cash in any man’s pocket! In fact, currency is alien to God’s principles! (Topic for another day, maybe) 
The correct prayer should have been for God to ‘open my mind to unique ideas for prosperity’! Reference Jacob in Laban’s employment. Show me where God ‘made him a rich man by depositing cash in his pocket’ as many pray today, and I will keep quiet. Rather, what happened? God gave Jacob a unique idea to get stripped and spotted cattle! That is the pattern through out scripture. 
Next, spend more time working on your goal(s)! It saddens me today that many religious organizations (both Christian and Moslem) encourage adherents to spend more time in places of worship than in working and meditation on their trades, jobs and professions! Or how else do you explain the plethora of religious services on work days and periods when people should be at work! And a times, several times during one day! 
Do you know what this does? It encourages people to lie and cheat; and no one who does both succeeds in a lasting manner, or gets the help of the Almighty God! See, what excuse other than lies would an employee give to his/her employer for their absence from work during working hours at the same time EVERY WEEK, other than to lie? And that is cheating the employer of time that would be paid for! Yet such people want the help of the Almighty who abhors liars? I don’t see it happening! Another thing you need to see my friends on this point, is that the pastor or imam who calls such prayer meetings during working hours is at his/her own job, while you are not!!!! Time that should be spent in creative contemplation is spent in often raucous gatherings! What imaginative thought could be done there? Beat me o. 
Third, you need to conquer your self – every flesh is prone to indiscipline. Trust me, been there, done that! Switch off that gadget, and spend time in contemplation! There is a reason why the biggest earners are the thinkers not the person of brawn! Thinkers put others to work! It is the way of the Almighty. Read the story of recreation again, how much physical effort did the Almighty God exert? Go through the amazing work of the Lord Jesus Christ, how much physical lifting did He do to calm the storm, to feed over 5000 people with 5 loaves and 2 pieces of fish? Even to raise Lazarus, He ordered others to do the physical rolling away of the tomb stone! My dear friend, learn to think – and this requires disciplining your flesh. Switch off that TV set, and pick up a book. Ignore that WIFI and your smart gadgets, just sit down in meditation! Do you have to attend that party – again? Must you go out – again? These are things the flesh luxuriate in. You have to win that battle friend.
In concluding this piece, you will notice that I have avoided mentioning the steps mentioned in my previous post on “2016, Goals & Imagination”, so please go back to them that piece.
For help please contact us at salvationhouse@gmail.com or +2348098445165. It has come to my knowledge that some may be unable to reach the mobile number. Please leave a text message and we would get right back to you. We promise!
Now go and achieve!!! I love for you to succeed! 
Copyright emphasized. 

SHM REFLECTIONS_Time.

TIME is man’s most precious resource because it is LIMITED. We can produce more wealth, but we cannot produce more time. Each person has just 24 hours per day, for each lifetime. 

When we give someone our time, we actually give a portion of our life that we can never recoup . Your time is your life! It therefore follows that we must spend this resource wisely. To spend time unwisely is therefore to short-change oneself. We want to recommend two primary, profitable ways to spend time.

 

First, the best present that you can give to your family is your time. Re-arrange that busy schedule, to spend quality time with them. Trust me, once you lose that family connection, nothing can adequately bridge the void; not even all the wealth in your world.

 

Second, spend quality time developing and horning your skills and proficiencies. Remember the 10,000 hours principle. It takes a man at least that amount of time to become proficient in any endeavor. Invest your time in getting ahead of any competition by tarring in the place of idea generation and activation! Do you even have a time set aside for conceptualization? If not, carve one out today; and stick to it.
Do not (repeat, do not) let anyone steal your time – for productivity and family life. These two circles will ultimately determine your quality of life! Spend your time wisely my friends.
Now, go out and impact your world! 
You shall excel IJMN! We love you!

@SalvationHouse Tweet

@SalvationHouse Tweet: Spirituality is not an excuse for mediocrity. Get needed skills, add value; set yourself up for promotion! You shall excel IJMN. #prosper 

SHM BOOK RECOMMENDATIONS_AUGUST 2014

25892343271HAPPY NEW MONTH! This month of August 2014, the Lord, the King of all the universe will take your business to the next level. He will open new doors of opportunity for you to mine, He will send destiny helpers your way in your business, trade or craft!!!

Because success is when opportunity meets preparation, we recommend two books, 201 GREAT IDEAS FOR SMALL BUSINESS by Jane Applegate; and SUN TZU STRATEGIES FOR SELLING by Gerald & Steven Michaelson to you. Jane Applegate is the founder & CEO of SBTV (Small Business Television) and SBTV.com. Gerald Michaelson is career Fortune 100 executive, while Steve has an extensive business background with renown corporations like Procter & Gamble and Sara Lee.

You will be amazed at all life changing tips contained in these books. We guarantee that they will definitely reposition your business enterprise for success.

Remember always, that one of God’s universal laws is that YOU MUST PLAN FOR SUCCESS. Success dose not just happen. Remember again the Law of Time Perspective!

We will like to hear any feed back on these books from you, should you wish to share them. God bless you and the work of your hands!

YOU SHALL EXCEL IJMN. We love you!

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