Discover!!! Why You Are So Poor: 5 Hints To Financial Freedom– RCCG Liberation Cathedral Brother’s Retreat

RCCG Liberation Cathedral Osun 10 YAYA Brothers Forum commemorated the last day of a 3-day seminar and retreat for the youths, which was conducted on Cyberspace on the 19th, 26th, and 27th of May, 2022.

 

Voice Air Media had reported the topics that were discussed in the past, including “dress well,”. Brother Popoola Ademola nailed some points concerning the topic, which we considered an eye-opener to every young Christians. However, we recall that the topic “dress well” underlined how a Christian’s dressing might be a light to the world.

 

Again, Brother Oluwasola Abiola Elisha-ABSOL, a passionate educator, also took on the question of “how to gain financial freedom”.

 

ABSOL believes that before longing to gain financial freedom, a person must first make money. He went on to say that anyone who has a source of income but is still living flat and broke should only consider learning about financial freedom. To achieve this, he has devised a set of five money-management guidelines.

 

He started by breaking down the concept of “financial freedom” as he explains what finance and freedom meant to make the topic more apparent.

 

According to him; “Finance is the science of management of money or other assets”. WHILE

 

“Freedom is the state of being free, of not imprisoned or enslaved or constrained. No freedom comes on a platter of gold. Salvation is not even free because Jesus sacrificed for us to gain freedom. Freedom is not given, you have to fight for it.”

 

“Therefore, financial freedom is how you are going to manage your money.”

 

“Having financial freedom has to do with understanding the rules that guide money. It is your responsibility to understand how to make money but what matters most is how to manage it.”

 

“Without the knowledge of financial freedom, it is possible for you to earn six figures and still end up in financial bondage.”

 

“For you to be financially free, it is your responsibility. These are the five rules that guide money.”

 

What are the rules that guide money?

1. Tithes: Put God first in everything you do. This is found in the bible and it is very essential to practice it to become financially free. Although, many teachings are surrounded by the paying of tithes both in support and against it. The truth is that it is clearly stated in the book of Malachi 3 vs 8 of the old testaments and Matthew 23 of the new testaments.

 

2. Savings: This is one of the ways to gain financial freedom. Save now ahead of unforeseen circumstances.

 

3. Invest: Investment into some specific things, excluding the gambles, is also among the ways to become financially stable. Avoid Ponzi schemes whereby you will invest with the expectation of getting a monthly ROI. Invest in legitimate things.

 

4. Lend money: Lending out of your money to trusted people is also considered a means to be independent financially, you can even add interest on the repayment.

 

5. Spending: This is where you need to come up with the idea of budgeting before the procurement of any goods. Do not buy things you want but rather what you need. Always maintain a strict financial frugality.