MAIN THEME IS: WHY AM I HERE?

TITLE: LESSONS FROM WARREN BUFFET

The quote for today’s devotional is: 

“The best investment you can make is in yourself. The more you learn. The more you will earn.” – Warren Buffett

Devotional:

Warren Buffett, an American businessman and philanthropist, widely considered the most successful investor was born August 30, 1930, in Omaha Nebraska U.S.

Warren developed his entrepreneurial skills early in life and had mindful collaborations with like minds

At age seven, he borrowed the book “One thousand ways to make $1000 from the Omaha Public Library and promised his family he would become a billionaire.  

At ten years he visited New York City and saw the New York Stock Exchange, and bought 6 shares.

In high school, he invested in a business owned by his father and bought a 40-acre farm worked by a tenant farmer. He bought the land when he was 14 years old with $1,200 of his savings. He also sold calendars, used golf balls, and stamps. By the time he finished college, Buffett had amassed $9,800 in savings.

Lessons from Warren

Early start at business: Buffet developed a keen interest in business and investing at a young age.

Entrepreneurial spirit: Buffet’s tenacity at business was exemplary. He delivered newspapers, sold chewing gum, and operated pinball machines. These highlight the importance of finding opportunities in everyday activities and entrepreneurial thinking.

Value of Education: Buffet was an avid reader and learner. Readers are leaders.

Financial Prudence: As a teenager, Buffet demonstrated a strong sense of financial prudence, savings and investment. 

Networking and Relationships: Buffet valued building relationships and learning from others.  His connections with mentors and fellow investors played a significant role in his development.

Our quote for the day reiterates the place of self development and wealth creation.

Here are a few reflective questions:

1.     How do I manage my pocket money?
2.     Do I have savings?
3.     Have I done any form of investment before? (Note: gambling is not an investment opportunity)

Let us pray:

Dear Lord, thank you for showing an example in Buffet today. Please open my eyes to legal opportunities that can create wealth. Help me to be an investor and not a waster. Amen

Please say these words of affirmation. Say them, mean them, own them and live them

1. I am here because I can create wealth.
2. I am not a waster.
3. I will create wealth.

Do have an amazing day. Take good care of yourself, I’ll see you tomorrow.

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