Working and earning income is important, however, a huge income does not guarantee financial freedom. Many people around us work daily and earning well. Yet they have a weak financial lifestyle. It looks like they are always two steps forward and five steps backward from financial freedom.

Building a financially healthy lifestyle is not abstract. It is possible. It takes dedication and discipline to have a financially healthy life. Considering that we are surrounded by our desires and wants, we may be tempted to always live lavishly. The objective of this article is to enlighten readers on the importance of living a debt-free and healthy financial life. Sometimes, eliminating leakages in your finances looks difficult but you will be happy that you resolved them early enough.

Considering that we are surrounded by our desires and wants, we may be tempted to always live lavishly.

Shayo Alofe

Albeit here are few tips to help you build a healthy financial lifestyle as an entrepreneur.

  1. Read on Finance: How determined are you towards achieving your financial goals? A lot of financial books teach people how to make money, save, get out of debt, and invest money in the right places. In my book, Stealth Cashflow, I described various ways to make consistent cash flow. Daily deliberate action towards financial freedom can change your lifestyle significantly.
  2. Pay off your debt: Debt is a financial killer. It might be a lifesaver when you are taking it but paying back may take more from you than you bargained. Paying back a loan takes dedication, financial sacrifice, and planning. However, a debt-free life is great, and it improves your chances of building wealth. If all you have is a small debt, that is good news. However, if it is a huge debt, it may take years to liquidate the debt. This means that it is imperative to be disciplined with loan repayments. One of the reasons I frown at taking loans or debts are the interest rates for some of these loans. Debts could also contribute to lifestyle changes that are difficult to break out of. To manage your debt, it is important to know how much you owe, calculate the total debt, and develop strategies on how to pay it back early. Most times, late repayment attracts more interest and that keeps disrupting your capacity to grow your income.
  3. Budget properly: Budgeting is a fundamental part of financial literacy. You must learn to create a budget. I have often shared on the importance of budgeting and managing income. If you are still struggling to manage your finance, a budget could help you transform your financial lifestyle.
  4. Invest: Oftentimes, people get advice on saving and how much they should save but saving alone would not take you out of poverty. You must understand that investment is a key component of wealth building. There are different investment options today ranging from real estate to the stock market. If you are a first-time investor, I encourage you to get a coach who can help you navigate investment the right way.

Also read: An Authentic Explanation of the Network Marketing Industry

If you love the content you get from Shayo Blooms, recommend it using the social share buttons below. Want to get expert advice about Network Marketing and working from home? Then leave a comment below or contact me for speaking engagements. Don't forget to subscribe to my mailing list.

Goooooooooood morning from beyooooooootiful Egypt!!!!😘😘

I snorkelled and dived in the Red Sea today, and even touched the Sea Bed, I scooped up sand from the sea bed!!😲😲 Words can't adequately describe how I feel today.
Never swam in a sea, snorkelled or dived ever in my life, but there's always a first time!!πŸ‘ŒπŸΎ


etwork Marketing created these lifestyle experiences for me FOR FREE!!!!πŸ™ŒπŸΎπŸ™ŒπŸΎπŸ™ŒπŸΎ

I am thankful for this industry and super thankful for my company!!!πŸ’ƒπŸΎπŸ’ƒπŸΎπŸ’ƒπŸΎπŸ’ƒπŸΎ

We've only got one life. I am determined to create many life experiences as I continue to impact and change lives with Seed Nutrition.πŸ‘ŠπŸΎπŸ‘ŒπŸΎ

Don't just do the same old, same old this year. Put yourself in a position to change your life and the lives of those around you. SELAHπŸ™πŸΎπŸ™πŸΎ

I tell people all the time, you are going to have to work hard to put food on the table and make a decent living. Why not work hard on a side business that can give you an unbelievable lifestyle and a business you can pass on to your children when you're gone?πŸ€·πŸΎβ€β™€οΈ

Last time I checked, you can't will your job to your children when you're gone!!πŸ˜―πŸ€”

Network Marketing is GREAAAATTTTT. It has changed millions of lives all over the world!πŸ™ŒπŸΎπŸ™ŒπŸΎ

A closed mind is like a parachute, you've got to open it for it to work!😜

We should have a conversation. 🀝🏾

Some people in Nigeria tell me the economy is too bad to build our business, people don't have money they say. Yet, some people in this same business are earning N100,000, N300,000 per week in Nigeria. What is the difference? Their MINDSET and their HUNGER for more!πŸ‘ŠπŸΎ

12 people are on their way to Egypt from Nigeria. They also qualified for this trip I'm on.πŸ‘πŸΎ

12 from Nigeria
2 from the UK
All from the Seed Revolution Team.

Please don't give me the excuse about a bad economy any longer. Find me some HUNGRY people puuuurleaaassseeee!!!πŸ™πŸΎ

People who are HUNGRY for Success
People who are HUNGRY for an opportunity to eradicate poverty from their lineage.
People who are HUNGRY for a vehicle that will help them send children to school for free, feed the hungry, shelter the homeless, care for the widows!!πŸ™ŒπŸΎπŸ™ŒπŸΎ

Find me some HUNGRY people pleaaassseeee!!!πŸ‘ŒπŸΎ

Huge Congratulations to all Egypt qualifiers!!!πŸ€πŸΎπŸ‘πŸΎπŸ‘πŸΎ

# wearesavinglivesoverhere #Shayoblooms

It never ceases to amaze me how Christians do not tire of going to church every Sunday, praying for open doors, financial increase and God's blessings etc but fail to do what's necessary to get the prayer answered.😲

God answers you every single time by bringing opportunities your way. Some of you see those opportunities and get started but give up after 3 hours, 4 days, 7 weeks, 2.5 months, but still go to Church and continue to pray the same prayers.😯😯

Please, what exactly are you expecting? How do you want this prayer answered? An anonymous bank credit of £1,000,000? But that will trigger a fraud alert. ohhh, you did not think of that?😜

How will you explain that? The money dropped from heaven?πŸ€”

Seriously though, someone help me out here. I don't understand!πŸ€·πŸΎβ€β™€οΈ

Why are we comfortable doing the same thing week after week after week. Yet, not comfortable building a business and sticking to it week after week after week?πŸ€”

I want to know!

If you are one of those who says Network Marketing does not work, but you have:

βœ”NEVER tried it
βœ”NEVER worked with a sponsor who knows what he/she is doing
βœ”NEVER followed through consistently on the system shown to you for at least 12 - 18 months


It is a new year, let such talks die with 2018, BIKOπŸ™πŸΎπŸ™πŸΎ!

I just found out about a lady who generated $73,000,000 in sales with her team in 2018!! I don't even want to start calculating how much she earned in 2018!😲😲😲😲


For those saying - 2019 MUST be different and wondering if those making such sales have 2 heads!πŸ€·πŸΎβ€β™€οΈ No, they don't!

Please read on...

If you are tired of being tiredπŸ€”
If you are tired of counting pennies until the next pay dayπŸ€”
If you've had enough of not having enough and you are READY to try something newπŸ€”

Let's have a conversation!πŸ‘πŸΎ

Jan 1 2020 could look a whole lot different from what Jan 1 2019 looks right now!πŸ‘ŠπŸΎ

You're going to have to change something though. If you're READY, I AM AS WELL!!!🀝🏾

Finally, for MLMers. By all means, share your products/opportunity with everyone AFTER you have built a relationship with them and you have identified a need your products/opportunity will meet!πŸ‘πŸΎ

If they are in another company, back off! Wish them well. Don't start comparing and talking down their company. Respect people's decisions!πŸ‘ŒπŸΎ

People, we all CAN NOT be in the same company!! What fun is in that? We can be customers of one another though!πŸ€·πŸΎβ€β™€οΈ

If you're still harassing people to join you, I understand. I did that too at the beginning, but I have learnt that your long term success is about finding your tribe. It's really not your company's products or compensation plan that does it. It is YOU!πŸ™†πŸΎβ€β™€οΈ

Why should they join YOU?
What value will YOU add to them?
How will YOU support them in fulfilling their dreams?πŸ€·πŸΎβ€β™€οΈ

You need to ATTRACT your TRIBE...and when you've done that, LOVE THEM HARD!!!❀❀

HAPPY SUNDAY my people!❀😘

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