DAY 2 – PENIEL 2019 {REACTION TO FINANCE – TOLULOPE AHMED}

Compiled by Mary Lawal

Take Responsibility for Your Financial Future
I’m a stickler for the principle that says, Begin with The End in Mind. At the end of this webinar, I hope to SET EVERYONE ON A PATH TO TAKING RESPONSIBILITIES FOR THEIR FINANCIAL FUTURES AND TRACKING THE PROGRESS.

My Background
My life’s vision is to reproduce achievements in others in the most harmonious way possible. It’s the reason I started writing books and doing seminars, sharing what I’ve achieved and helped others achieve. An attempt to do this on a BIGGER scale was what led to the creation of ValuePlus and now—MyFund (www.valueplus.ng/faq). More about MyFund later.And all I want to share with you today is the experiences that got me here with the hope it will help you get to where you want to be as well.
The topic tonight is Financial Reactions – The Journey to Financial Freedom
The summary of what I want to share tonight is…
Financial Intelligence
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1. Make more money every month.
2. Autosave in your escrow account,(MyFund)
3. Then use the cash asset to buy Assets/Investments that brings you Passive Income until it exceeds your living expenses”_ (Freedom: PI > E)
_____________________________________6. This is what I’m doing and it’s my experiences in doing this that I want to share with you tonight. I’ll be sharing audios, pictures and posts alongside. So…, I’ve divided the lessons into 3 main categories
A. Generate Income
B. Save to the Millions
C. Buy Assets
9 STEPS PROCESS TO FINANCIAL FREEDOM
1. I < E (Poor). Income less than expenses per month. (Cash flow is negative, i.e. the person is indebted)2. I = E (Poor/Miser): Income equal to expenses. (Cash flow is zero, i.e. I — E = 0)
3. I > E: (Vicious cycle). Income greater than expenses. (Few change left but is usually consumed in the next month i.e. the change that left is not safe. Savings = 0)4. I — E = C (Cash flow): Funds saved into an escrow account*. We now call it cash flow (Your savings is now truly safe. Savings = +ve).5. C1 + C2 + C3 + … (Cash Asset): ¬ Your “savings” yield profit even while you’re still saving!6. Asset: Cash flow has grown enough to buy assets*. (e.g. Real Estate)7. PI < E: (Passive Income): Your Assets has produced passive income* but still less than your expenses.8. PI > E: (Financial Freedom): You’ve repeated the process above; and Passive Income (per month) is now greater than your living expenses. You’re now financially free.9. PI > nE: (Financial Freedom Indeed): Passive income is n times your living expenses (e.g. Double/Triple your expenses). You’re free to effectively fulfill your God-given purpose!
Again, I’ve divided the lessons into 3 main categories. And as you can see they are the three lessons for advancing through the stages.A. Generate Income
B. Save to the Millions
C. Buy Assets
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A. MAKE MORE MONEY
The key to making money is “trade* or *exchange*. Value Out = Cash In. There are generally 5 ways of making money:1. Salary – you sell someone’s product
2. Business – you created a product
3. Gifts – allowances, honorariums, etc.
4. Deals/Trading/Runs – quick exchange
5. ROI or Passive Income – long-term investmentI share here 5 ways I generate income:1. Develop skill and market it. (Publishing, Graphics + Printing, Web, Presentation, Teaching, etc.)
2. Save to buy something you can rent out. (I rent projectors, tables, etc.)
3. Do a Part-time job. (I do part-time teaching, computer training, etc.)
4. Referrals. (Via MyFund, I earn some referral income. I refer jobs to friends as well)
5. Network Marketing. (I built over 400 members in a Network Marketing I was involved with, but now, I’m focused on building my business. Left the industry in 2014). _______________________________
B. Save to the Millions(MyFUND)MyFund is a financial intelligence app (by ValuePlus) that helps you grow your funds (save) and acquire assets (invest) with ease. You not only grow your funds and acquire assets but you learn what it takes to manage it yourself in the app’s financial intelligence section called the “Wealth Leadership Academy”.It’s designed to basically help you advance through the stages. And plugs you right into stage 4.It’s beyond a cooperative (though not dissimilar). It’s a financial journey to financial freedom in 5—10 years. The vision is to help members grow their funds and acquire assets (and ultimately manage it themselves). There’s a members training that goes on all year long. It was launched in MARCH, 2019.You have the opportunity to…
1. Grow your funds to the millions (autosave available–Autosave is the New Save)
2. Learn financial intelligence
3. Purchase products at discounts (to make savings) or sell to others (to make profit)
4. Earn referral bonus from friends with the same freedom plan
5. Earn dividends yearly.
6. Ultimately learn how to acquire and manage investments in about 5 – 10 years. (active investors)What a person really needs is a plan that works and the patience to stick with it. Do you have plans for your children’s fees? A yearly family vacation? Philanthropy? Ministry? Etc? All you need is a plan that works and the patience to stick with it until it delivers.Summary
1. Make more money every month.
2. Autosave in your escrow account(MyFund)
3. Then use the cash asset to buy Assets/Investments that brings you Passive Incomeuntil it exceeds your living expenses”_ (Freedom: PI > E)

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