The wealth of Cash

By now, we must have had our mindset changed, as we have been rightly informed that the very first form of wealth and of course, the most treasured and valued of all is your character, which in sync with your competence, brings you the force of credible relationships. However, all this can be in place, but without commitment on your part, the last form of wealth will be a mirage.

Please, if this is the first post in this series you're reading, do well to read the preceding posts on Character, Competence, Credible relationships, and Commitment. A sound working knowledge of the truths unveiled in those series would help you appreciate what you are about to read here.

Cash is the last and the least of the forms of wealth and in this discussion, we would be examining it through the view lens of money.

What is money?

Money is anything that is generally accepted as a medium of exchange, a measure of value, store of value, and unit of account.

That we said money is anything, doesn't imply that anything can pass for money. What makes anything, valid to be called money, is when it is backed up by the sovereignty of a country. This is what makes that thing called money a legal tender. For instance, the sovereignty of Nigeria backs the Naira, just as that of the United States of America, the Dollar.

Cash is an end-product of the other four forms of wealth.

Your cutting-edge character can bring you cash. Your astute competence can bring you cash. Your powerful credible relationships or network can bring you cash. Your steadfast commitment can bring you cash.

Cash is, therefore, a derivative of your character, competence, credible relationship, and commitment.

Lots of people have earned well-paying jobs on the strength of their character.

Competence continues to be the decider in most promotion exercises which comes with a pay rise, improved welfare package amongst others fringe benefits.

Credible relationships have provided strategic alliances which have been capitalized on by people to their advantage in areas of business, family, finance, etc.

Your level of commitment is most likely the reason you were given the edge in that contract bid because they knew you were going to supersede the requirements.

However, cash has a dynamic system, which when mastered and effectively applied, guarantees its steady Inflow. For an in-depth analysis on how cash can be generated as well as multiplied, do well to get and take out time to study my series on "the dynamics of wealth".

Aside from the transactional, precautionary, and speculative motives for holding cash, money is primarily sought to the end that it;

1. Meets our basic needs.

2. Make available our wants

Many times, we confuse our needs with wants, and this explains the frustrations we suffer from our endless pursuit of this good servant but bad master called money.

Man's needs are primarily three; food, shelter, and clothing. Hence, any and everything aside from these three, are wants and should not be allowed to rise above any of our needs on our priority list.

Wealth is truly a reality. And to attain sustainable, replicable and transferable wealth, then your wealth has to be holistic.

Be intentional about your wealth journey. Be strategic with your plans and actions.

Be dogged in your wealth pursuit.

And of a surety, you'll end up at the highest rung of the wealth laddar.

Grace and Mercy!!!

Amb. Emmanuel Etukudo

Kingdom Wealth Ambassador