Thursday 27 June 2013

PERSONAL FINANCIAL DEVELOPMENT

Financial development opportunities will continue to avail themselves but it is only those individuals willing to take risks who will experience real change in their financial world. While the world at large is going through financial down turn some individuals are making their fortunes as they read, interpret and take action accordingly.

Risk taking is one principle which most people have failed to master resulting in living an average life. I have observed that the few people that achieve more in life are those who take time to understand the spaces between poverty and wealth.

There are always little spaces between the two spheres but it is only those who are brave and strong enough to venture into the unknown.

Personal development is one way that will allow nations to move from poverty to wealth and abundance. However when personal development is motivated by selfishness and corruption then poverty continues to prevail because only a few people will rise higher than every one else. It becomes a "survival of the fittest" the law of the jungle, which has no intention on national development.

When everybody becomes committed to personal development, making use of every opportunity to investment and wealth creation we will begin to see change in lifestyle and approach to life. Instead of stealing and burglary people will become creative and constructive, inventive into new ideas for national development.

Unfortunately for the up coming or so called developing nations, it may take longer to realise this concept because of a few reasons. Dependency syndrome is a big factor that cripples personal development.

Handouts are never the best best for personal development and yet that is how most of the "third world" nations have been exposed to for a long time. It may take a while for most people to come out of this deficiency.

Corruption and selfishness is yet another hindrance to personal development because only a few become very rich at the expense of the majority. There is a lot of exploitation and unethical practises in this kind of behaviour.

In some parts of the people corruption has almost become the second nature to the society where no service is given unless it is unofficially paid for.

Nevertheless, it is very vital that everybody who is in right mind should seek for opportunities acceptable and lawful in order to pursue personal financial development. How can one seek the opportunities?

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