Omo, Investor Denu Goes Broke; Towards Paying Off Debts.

Omo, Investor Denu Goes Broke...

Issue 7: Investment Rants With The Viral Author

The last time I wrote a rant was thirty-four nights ago. Before I start ranting sef, because this is about to go crazy, let me celebrate my LinkedIn sister, Haoma Worgwu, who just published her 19th Newsletter a few hours ago. We started together, I remember. She came with this career hustle, I decided I wanted to take investments on a journey; and, every week, every single week, she's stuck to sending those beautiful love letters and I was consistent for a while until I started having excuses.

And, today, I have come to rant all the excuses because, as they say, "a problem shared is a problem solved." So, if I just talk about everything, prolly you'll learn a few bucks and myself will be healed.

So, back to it, Investor Denu goes broke??.

Yes, you read it right.

I am broke!

Now, that's not the issue, alright. It's okay to be broke but I have been very much in denial someway somehow.

First, it started with, what exactly is Denu up to? Someone who preaches financial supremacy is finding his finances a hard nut to crack.

This shoulda prolly led me to take inventory, like I would normally preach, or caution my spending here and there but I crashed forward, kept spending, closed my eyes to my realities and assumed the false hope everyone does; it'll pay off. I couldn't answer the question of when.

Thanks to apps like PiggyVest and Microvest, the small 10% savings I have, I locked from myself. I remember rushing to Microvest so desperate to withdraw the 2,000 or so I saved on the platform forgetting that I saved it in MiLock until August ending -- I legit was supposed to be paying about 5% of my income to this MiLock on Microvest towards a particular purpose but I totally forgot about that commitment.

No, not like I hadn't made any money since after my last rant or what have you, I guess, everything just happened and I couldn't control my desires, my spending, my needs, my wants, nor me. I reduced to living everyday the way it came.

I even couldn't write or jot things down. I practically stopped listening to my affirmations. My head was fucked, permit the "f" word.

More, I felt really distant from God and my purpose.

But I knew there was, and is, more.

I kept showing up in my suits, and beautiful pictures along with my crew for different events back to back choking everyone everywhere with my brown shoes and Investor walk but deep within I was afraid someone will ask for money and I will stammer. LoL.

The part that pains me the most is, the bills/dues of some of my staff and close associates that I haven't been able to pay -- it was hard agreeing that I brought this on myself.

However, why do I write tonight, or why am I confident to write about it?

Because, after a very long while I have found peace amidst the turmoil and I have made some resolves and, in the capacity of "taking investments on a journey," I will love to share my experiences with you.

First, read this post to learn about the foundation to this new resolve.

So, after prayer yesterday, I committed myself to continue my read of the legendary book, The Richest Man in Babylon, which is also more like the handout of all of us at Denu's Money Circle (many members have equipped themselves with electronic and hard copies of this book because we are all intentional about building of ourselves a financial success).

The first thing I learned was the principle of settling debts and bills. This is or was where I found peace.

...each time the moon is full, two-tenths of all I earn shall be divided honourably and fairly among those who have trusted me and to whom I am indebted. Thus in due time will all my indebtedness be surely paid."

So what I will be doing is simple, I will list all my creditors and how much I am supposed to settle them and will reveal the plan I intend on using to settle them provided my capacity to continue earning money.

The reason for this approach (you will know especially when you pick up the book to read for yourself) is, there are some debts that are so on your neck and it's like you cannot be free and what these debts do is that they reduce your will to want to go about earning or working justly for your money because you feel unduly entitled to settle them immediately (which of course is what you need to do) but to be very honest, if we maintain that you have to settle them immediately, you may and will never be able to. Because, there are other areas of your life that demand attention of the few bucks of coins you make from using your hand to work. This is why this strategy is the most befitting as you suddenly have the joy to go work and do the needful to be debt-free.

1. Send to all your creditors your list of debts and how you intend on paying it all off equally and impartially with 20% of your income henceforth. Tell them you'll love to have their patience and the reason you're deciding on this resolve. Let them know that beyond this plan, you may engage them for their various services but those orders will be treated as new and you will pay for those ones before they are delivered whilst the debt payment goes on underneath. Note: some creditors want their money in full and will not agree to receiving them in shameful bits, alright. Thank God for technology, you can create targets with their names on PiggyVest and start saving the bits as you earn and equally divide 20% amongst them. Only share screenshots of every new addition you make to these targets with them so that they can follow through the process.
2. Don't forget to always save and pay yourself your 10% towards investment. This will make you happy as you journey along through the process.
3. Do with joy all the jobs you have at hand and position yourself for more jobs with all happiness you can exude.
4. Also, don't forget to pay God His de 10% as tithe, so His favour can keep radiating in your life.
5. Please, live as large as possible, as stingy as can be in the remaining 60% of each income you earn. Buy what you can afford, pay for services within your means, keep around you things that will make you happy, and do more with the less you have until you pay off your debts to the last kobo. At the end, you will be glad you did.

So, I just shared with you the things that gave me peace and yes, I am still broke and in a little debt but I am happy and I want to go ahead and start applying these principles already; I do hope you join me, will you?

To our financial success together,

Cheers??.

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In case you have anything you'll love me to address in a post or in an article especially as regards finances, investments, bla bla, or you want to join Denu's Money Circle, or just want to say hi or engage me based on my several services (influencing, book publishing, real estate and agriculture investments); you can tap on the picture below and reach out to me directly via WhatsApp.