Page 6 - THE SCAM OF RICHES

Of course there are scammers and thieves and armed robbers stealing everywhere, there

is no doubt about that.

But who gets to spend and dispose of most of a man’s money? The man himself! Ask an

average man on the road how much he has earned in the past 5/10 years and he could
give you a figure that runs into millions.

Ask him what exactly he has spent so much money on, and he wouldn’t be able to tell

you any concrete thing.

Ask him to show evidence of significant savings or investments made over that period and
he may be looking at you with a blank stare.

So the question is…where did all the money go?

I too have had to ask myself the same question.

After working for going on two decades, I had nothing to show for it. Even money I saved
was routinely withdrawn and spent. After all it was My money. I worked for it.

As events would have it, in 2018 I was fortunate enough to attend a personal
development seminar where I discovered that the greatest money thief in most cases was
the owner of the money.

How do we steal from ourselves?

There are several ways in which we rob ourselves. These include:

- Living life without a budget

- Spending without documentation or records
- Spending without restraint on luxury and consumption items
- Having no savings culture
- Indiscriminate giving to anyone that asks

- Investments in businesses one has no knowledge of
- Investments in money doubling and tripling schemes or no investments at all

I have been guilty of most of these forms of scamming and self-robbery at one time or the

other. But after that life changing seminar, it was like I woke up and became acutely
conscious of what I was doing with my money.

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