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Why only a few people are rich

Money is important; we all agree on that fact. To illustrate its importance King Solomon said in the Wisdom Literature that, “Money answers everything,” and, …wisdom is a defence as money is a defence.” It is said, “You are not really free until you are financially free!” That, “Money is the sixth sense without which the other five senses cannot be used effectively.”

It is very sad that financial difficulties in various forms continue to reign as the topmost issues bothering the majority of people; ‘sinners’ and ‘saints’ alike. The wealth profile across society is heartbreaking! Experts estimate that just about 10 percent of the people own 90 percent of all the wealth available. Besides, the Rich is getting richer, and the Poor, poorer! All these happen because there is a general and a gross lack of financial literacy at the basic level. What one likely gets is the classical advice, “Go to school, study hard, pass your exams well and get a good, well-paying job!” Good advice; however, not enough. Indeed that piece of advice is woefully inadequate! The reason is that the subject of making money is not given adequate attention in our schools, if at all; except probably later in business schools. Indeed, inference drawn from a study once carried out by Harvard University implied that school teaches just about 22 percent of what people require to be exceptionally effective and truly successful.

The general neglect of financial literacy makes many people operate from a position of ignorance or a state of unconscious incompetence – not knowing what one does not know – and consequently struggle financially, though each of us has the potential to create abundant wealth for our individual selves, and our dependents.

Since money is that important, why have we not made adequate effort to teach ourselves the effective ways to create abundant wealth? The principal objective of this series of publications on ‘creating significant wealth’ therefore, is to be a good complement to formal education – by stimulating you to awaken the financial genius that lies within you.

Seer, the power is in your hands!

Important notice

This is an extract from the preface of my course (also a book) on financial literacy titled: Wealthy Habits :: How to create significant wealth, with little or no capital of your own, and without burning yourself out. I highly recommend this financial literacy package to you; you may click here to see it.

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Why only a few people are rich

About the Author

David K Egyir

David K Egyir

EGYIR is passionate about helping serious people like you to escape the most dangerous — common but avoidable — problem most people (rich, poor, educated, uneducated, religious, and non-religious alike) face in life. Also, he designs and builds beautiful, cost-effective and functional buildings, and graphics. And he helps executives, marketers, and business owners to make effective presentations; what you may call winning presentations. He is an Architect, a Designer, and a Life Coach. And an Entrepreneur. Especially as a life-coach, he has been popularly adjudged the best coach for excelling in education, increasing wealth, eliminating stress, and enjoying true fulfillment in life! Egyir understands life thoroughly and shares amazingly liberating insights from a uniquely empowering perspective. He has a firm conviction that, “The greatest tragedy in life is that majority of people have accepted to be less than they were born to be and are thus accomplishing far less than their true capabilities.” To that end, he authored (wrote) Purpose Compass, the exceptional life-coaching book that reveals 4 habits that are currently making your life difficult, or otherwise may soon make your life difficult, but which your parent, teacher, or pastor would dare not talk about; how to escape them and get to live a stress-free life of purpose faster! And 13 other equally amazing books that constitute the Zing4Life! Series. Egyir is also lead promoter of the electronic, trendy and amazing Smart Business Card, the only business card you’ll ever need, for the executive in you! He is a husband, and a father of two. Positionally, he is the Lead Founder and CEO of Seers, Associate of Arthro Synergeio, Lay Preacher of The Methodist Church Ghana, Global Lead Advocate of Zing4Life! and Volunteer Mentor with iMentor Ghana. To see more about him you may click here. #WeAreSeers | To get in touch with Egyir or to follow him on social media you may click here. #EgyirGuidesDaily | To support his writing & life-coaching social ministry you may click here. #SeersFoundation | To be part of Egyir's live sessions online at 20.30 GMT on Sundays you may click here. #TimeWithSeers |

Why only a few people are rich

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Why only a few people are rich