11/10/2013
Save Save Save:
If you cannot discipline yourself to save money everytime you have an income,you are not yet ready to be
rich.Riches are measured by your possessions and what you save you own,what you don't save you don't
own.For those perrennial loan/capital seekers,this is one of the main secrets to access or denial of a loan/
capital injection from financial institutions.Forget about collateral,it consists only 15% of the whole
equation,something that can be waived.You need to demonstrate financial soundness and discipline to the
bank by constantly depositing money into a savings bank account over a substantial period of time and
they will reward your faith in them.There are many tax free saving schemes available on the market.Before
you can talk about fancy investment schemes,you need to master the basic and fundamental financial
principle of SAVINGS.Even as a country,many of Zimbabwe's financial and economic wars are as a result
of a lack of a savings base.Many of Gvt and Private sector projects are moribund because there is no
savings base from which banks can finance them.So get that piggy bank on.Learn to save,learn to build
wealth!