THE BOLU OKUNADE CHANNEL!
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Welcome to the Bolu Okunade Channel!

It's our desire to see you take active steps towards acquiring limitless wealth.

Therefore, expect daily financial tips and many more from this channel
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Passive but it has a massive effect🌟

Passive income is an investment that generates additional revenue without extra time or effort from you and it is perfect for people with limited incomes.

Types of passive income to help kick start your financial journey

πŸŒ€One way to build an income stream is to invest in dividend stocks, which distribute part of the company’s earnings to investors on a regular basis, such as quarterly.

πŸŒ€Real estate has been a strong income investment strategy for years β€” and that isn’t changing.

πŸŒ€limited partnership interest means the ownership interest of a Limited Partner at any particular time, including the right and all benefits to which such Limited Partner may be entitled

πŸŒ€Visit www.tradewithbolu.com to find out more on passive income

πŸŒ€Affiliate Marketing deals with promoting other people's brand and you get paid for every sale

A man who lived for almost 100 years said, don't let making a living limit you from making a life

Passive income is a big source of wealth for many millionaires

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This week, I’ll be sharing a powerful experience I had this new year with my subscribers
I had a 7 billion naira deal come my way early this year.

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MY NEWSLETTER IS ABOUT TO BE RELEASEDπŸ₯³
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I will be unveiling some financial principles I engaged during the 7 billion Naira contract I got.

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Okunade Boluwaduro
Think about your daily habits.

Most likely, you brush your teeth every day and don’t even think about. It doesn’t take willpower to brush your teeth. It’s automatic.

In the book Willpower: Rediscovering the Greatest Human Strength, the authors explain how even small automatic behaviors can trigger better decisions.

The Three Steps to Automatic Finances
πŸ”…Put your savings on autopilot
πŸ”…Put your bills on autopilot
πŸ”…Put your investments on autopilot

Once you’ve done this, you’ll have more time and energy for the things you want to do.

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#FoodForThought

When considering your financial future, it's crucial to consider why you want to be wealthy.

Take a moment to consider it.πŸ§˜β€β™‚οΈ

Do you wish to live a life of luxury? Do you wish to go on a trip? To dine in places? To get out of your 9-to-5 job?

It's critical, in my opinion, to think about why you want to be wealthy. If you don't, it's all too easy to get caught up in a never-ending quest for more money.

What are you striving for?

Ensure you find your WHY.

HERE ARE SOME TIPS ON HOW TO FIND YOUR WHY
🏡Set aside an hour and grab a notebook and pen.

🏡Write down your long- and short-term money goals.

🏡Notice any themes that emerge β€” are you focusing on arbitrary numbers (β€œI want to make a million dollars”) or do your goals reflect a greater purpose (β€œI want to travel internationally every year”)? Those larger goals form the foundation of your β€œwhy.”

🏡Next, take a look at your calendar β€” are you actively spending time working on your most important goals day-to-day?

🏡If not, adjust your schedule to include activities that will help you further your financial goals.

With these steps, you should be able to find out why you need to be wealthy.✨

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Feeling like you need 25 out of the 24 hour day? So did I. πŸ˜‚

There are a lot of things that we all would like to do, but in most days, we can only get around to doing so much.

Here are some ways of engaging in effective time management

🐾You need to take is finding out where your time actually goes you need to take is finding out where your time actually goes

🐾Set a time limit to each task.

🐾Use a to-do-list, but don’t abandon tasks.Take a rest regularly, rather than just when feeling exhausted

🐾Cut down distraction time.

🐾Focus on one task at a time

Mark Twain once said, "If it's your job to eat a frog, it's best to do it first thing in the morning. And If it's your job to eat two frogs, it's best to eat the biggest one first."

24 Hours is a enough to achieve great results in your life

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Show me a person’s spending, and I can show you what they love.😏

It all boils down to 10 β€œMoney Dials.” They’re called Money Dials because you can β€œtune” them up or down, just like a dial.

If you look at your own spending, what gets you excited?

❄️Convenience

❄️Travel

❄️Health / fitness

❄️Experiences

❄️Freedom

❄️Relationships

❄️Generosity

❄️Luxury

❄️Social status

❄️Self-improvement


Money Dials are an easy way to diagnose what you claim is important vs. what is actually important.

Identify yours todayπŸ’ͺ✨

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The latter part of my 7 billion naira contract experience goes out this weekens.

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According to James Salmons' Law of Expectations, "everyone have the capacity for wealth and financial success when they expect and plan for it."

It is one of life's fundamental laws that before we can achieve anything, we must first think that it is possible.

The Law of Expectation describes how our attitude towards money is.

Our financial future is determined by how we think about money. Whatever you expect to happen subconsciously will become your reality.

Remember, you can't anticipate money if you don't have a plan.

Expectations and preparation are inextricably intertwined.

Make the decision to become financially successful, create an effective plan, put your plan into action, act on it, and take baby steps every day until you attain your objective.

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Bill Gates is one of the world's richest individuals, but he didn't get there by accident.

Gates began in the business world with Traf-O-Data, a startup that attempted to handle and analyze data from traffic tapes (think of it like an early version of big data).

He attempted to commercialize the concept with the help of his business partner, Paul Allen. But the device was barely functional. It was a total flop.

However, the failure did not deter Gates from pursuing new options

A few years later, he launched his first Microsoft product, forging a new road to success.

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We all plan to give our children the finest things in life.

The question is how can you secure such a blissful future for them?

πŸŒ€It is critical to develop a financial plan: This does not imply that you must save every cent and invest all of your hard-earned money in the stock market and other growing assets. You want to enjoy your life as well as create money for future generations.

πŸŒ€Conscious spending: Determine your money dials (what you genuinely love spending your money on) and prioritize them by developing a deliberate spending strategy.

πŸŒ€Change your thinking about money: Changing your mindset about money can help you reduce financial anxieties and gain a handle on wealth management.

πŸŒ€Purchase life insurance: Life insurance is a terrific method to provide your family with a safety net in the event that you die unexpectedly.

πŸŒ€Begin a business: A family business may be a useful source of revenue as well as a valuable asset to pass down to future generations.

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THE FEAR OF MONEY😰

Chrometophobia is the extreme fear of money.

it encompasses everything from the fear of spending money and the fear of thinking about money, to even the fear of touching money.

Symptoms of chrometophobia

▢️Worrying about money to the point of illness

▢️Feeling powerless to manage your finances

▢️Refusing to handle money

▢️Counting your money constantly

▢️Struggling to convince yourself to buy necessities

▢️Withdrawing from activities you typically enjoy

How to overcome this phobia
▢️Make it a routine to keep tabs on your money
▢️Reach out to financial experts around you
▢️Initiate an autopay system
▢️Try to pay off all debt

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Russia !

Ukraine !

Biden! Putin! (We are not even hearing Ukraine’s presidents nameπŸ˜‚)

Long story short, today, around 4am gmt+1 (approximately), Russia invaded Ukraine, and plans to β€˜take over Ukraine’.

We hope a world war 3 doesn’t start.

Nonetheless, if it does, what can you do.

I went on a study streak of how to position yourself properly in times, I’ll share a few tips with you in this edition of my newsletter

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Once you know where you are, you can decide where you want to be.⁣-Robert Kiyosaki

Many people naturally progress through each type as they grow in skills, experience and portfolio.

However, identifying your investor personality makes you aware of areas you need to address to becoming a good investor.

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Forwarded from Okunade Boluwaduro
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