Pencil & Money

finance-discipline

A pencil is an implement for writing or drawing, constructed of a narrow solid pigment core in a protective casing that prevents the core from being broken or marking the user’s hand according to Wikipedia.

to accumulate money, think of abiding the pain that comes with a pencil being cut during the sharpening process.

I am certain most of you know a pencil superbly and you have used it in your different interactions of life be it in school, work, or home setting for multiple purposes. For a pencil to be purposeful it has to go through sharpening, without it being sharpened it may be less useful to its core of writing, unfortunately, this might be the same scenario with money and human beings.

In this piece, I would want to pick a few lessons from a pencil about money and humans as follow

  • Endure the pain, to accumulate money, think of abiding the pain that comes with a pencil being cut during the sharpening process. Only use that money when it is a must since it’s on a reducing balance, the more you sharpen it the more you reduce its size and the same applies to money, the more you spend it on none revenue generations the more you lose it.
  • Protect your money, Like the narrow pigment core is protected by the preventive casing, money has to be protected from thieves, wastage, ever unending list of expenses, extravagance, and rather invested to generate more and more all the time. Always focus on how to get 100% out of what you have at hand if possible.
  • Money Varnishes, A pencil keeps reducing and eventually gets finished, but for money, it may just vanish in a second. A billionaire can become bankrupt in a second due to other forces like fraud, poor financial management, unethical investments, miscalculated investments tell it all. This means as you hold money in cash or your account put it at the back of your mind that it can all go in a second you return to square one.

For money to be purposeful, there should be a clear path to generating it, budgeting, spending, expenses tracking, investing, and creating guidelines that govern your money world.

In this piece I would want to pick a few lessons from a pencil in relation to money and humans as follow

  • Endure the pain, to accumulate money think of abiding the pain that come with a pencil being cut during the sharpening process. Only use that money when it is a must since it’s on a reducing balance, the more you sharpen it the more you reduce its size and the same applies to money, the more you spend it on none revenue generations the more you lose it.
  • Protect your money, Like the narrow pigment core is protected by the preventive casing, money has to be protected from thieves, wastage, ever unending list of expenses, extravagancy and rather invested to generate more and more all the time. Always focus on how to get 100% out of what you have at hand if possible.
  • Money Varnishes, A pencil keep reducing and eventually gets finished, but for money it may just varnish in a second. A billionaire can become bankrupt in a second due to other forces like fraud, poor financial management, unethical investments, miscalculated investments tell it all. This means as you hold money in cash or your account put it at the back of mind that it can all go in a second you return to square one.

For money to be purposeful, there should be a clear path to generating it, budgeting, spending, expenses tracking, investing and creating guidelines that govern your money world.

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