The Odyssey

DISCLAIMER: I am NOT a certified financial adviser nor do I have qualifications in accounting. If you need professional help with your finances, consult with a certified professional in this regard. Financial freedom and success does not criminate and is possible for any disciplined individual who is a great planner and has a desire to be financially intelligent. Whether you earn R5 000 or R46 000 per month, you can achieve Financial freedom by building an investment portfolio tailored to your goals.   It is said that some people have financial freedom with assets of R5 million, while others who have assets of R50 million are not financially free. You can be certain that for those who have R50 million worth of assets and not financial free yet, the only missing piece of the puzzle is financial intelligence. Financial intelligence is the absolute best foundation needed to build wealth. Knowledge, when applied correctly and at the right time, becomes not only power but profi...

DISCLAIMER: I am NOT a certified financial adviser nor do I have qualifications in accounting. If you need professional help with your finances, consult with a certified professional in this regard. "A budget is telling your money where to go instead of wondering where it went." - Mapalo Makhu. About three years ago, Darren Poke published a short article entitled “What Can We Learn From Snails?” in his blog. He says that “Snails love lettuce. They may move slowly, but they always find a way to get to their destination. When you see them move, they do not seem to be making much progress, but they always seem to make it to the lettuce in your garden, chopping them away contently. They understand that the lettuce will not come to them, so every night, they venture out to get their meal. Slowly. Consistently. Every single night. We can learn something from these humble creatures. Know what you want. Take action, even if it seems small or slow. And turn up every day. Your goals wi...

DISCLAIMER: I am NOT a certified financial adviser nor do I have qualifications in accounting. If you need professional help with your finances, consult with a certified professional in this regard. Wealth is like a game of chess – a mind game. If you don’t know the rules, you will never win. The first step towards victory therefore, is to understand how the game works. This is called financial intelligence.   Wealth can be defined in many ways and it means different things to different people. Following Financial intelligence, the next step would be to define wealth in your own terms. Victory in the game of wealth requires mental toughness, which is characterized by courage to sacrifice, strong desire to win, and resilience to endure adversity. Mental toughness is formed by consistently thinking about wealth and different ways to grow it. The strategies you will adopt to create wealth will force you to think about your financial goals, which may help you achieve the financia...

  Wealth is defined as an abundance of valuable possessions (such as material things, assets, etc) and/or money. Wealth creation is about creating an abundance mind-set and its multiplication requires high moral standards. Robbing a bank or ripping people off through devious schemes is not the modus operandi of wealthy people. The Cardinal Virtues were founded and formulated by Plato, one of the Greek Stoic philosophers and they include Wisdom, Fortitude, Temperance, and Justice . Philosophy is described as way of thinking/living, whereas the word stoic describes a person who can endure pain without showing their emotions or complaining. It is a happy coincidence that the word stoic is also an acronym that forms the five cardinal virtues of wealthy people; S = Self-discipline T = Temperance O = Open mindedness I = Integrity C = Courage Wealth creation is not a roller-coaster ride but a long and eventful journey that needs mental strength, wisdom and fortitude...

  “Rich is measured in dollars. Wealth is measured in time…How long can you survive without working is how wealthy you are. Being wealthy is more important than being rich” – Robert Kiyosaki DISCLAIMER: I am NOT a certified financial adviser nor do I have qualifications in accounting. If you need professional help with your finances, consult with a certified professional in this regard. Wealth is about striking a harmonious balance in all the five important aspects of your life, such as Finances, Health, Family, Career, and Relationships. Wealthy people are long-term thinkers and are not interested in get-rich-quick schemes. Wealth = Wisdom (Financially) + Health (Mentally, Spiritually and Physical). When they are young and naïve, people tend to compromise their health for money, but when they are old and wise, they are willing to sacrifice all their capital just for an extra hour of good health.  Don’t let this be you. Think like a wealthy maestro.  As we begin a new ye...