Jefanie Genilla
Almost our entire life, we’ve come to believe that “money is the root of all evil”. And for good reasons. We’ve seen a lot of people who’ve turned greedy and snobbish when they’ve gotten the taste of good fortune. Roman Catholics also believe in this bible verse about the bad influence of money:
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”
1 Timothy 6:10 King James Version (KJV)
However, it’s beneficial and wise to believe that money is a blessing, says Bro. Bo Sanchez. Bro. Bo believes that wealth is a gift from God that should trickle down from the creator to those in need. But who is Bo Sanchez and why should we believe in him.
Getting to Know Bo Sanchez
Bro. Bo is one of the Philippines’ most successful entrepreneur with about 16 income streams from his diversified investment portfolio, which includes stocks in internet business, micro-entrepreneurship, publishing business and real estate. He is the founder of Kerygma, a magazine that featured inspiring stories and practical tips on lifestyle, religion and business. He’s also the powerhouse behind the success of the Truly Rich Club and the Light of Jesus Family.
Using Money the Right Way
So, what are Bro. Bo’s word on money? Share it and the process of earning it, he implies in almost all of his talks, lectures and blog posts. However, if you’re still in the process of increasing your net worth, here are his top tips for getting started:
Start a business. Your unique ideas are what make you special. So share it and don’t hesitate to earn from it. Get a loan if you have to. Just make sure to partner with a reliable loan solution concierge to shop around for good deals.
Set specific funds for specific purposes. Make it a habit to divide your income into portions for your retirement plan, savings, education plan, everyday allowance, leisure activities and emergency fund. This will allow you to monitor your spending habits.
Give back. You can’t give what you don’t have, says Bo. So it might help to donate a specific portion of your earnings to whatever church or charity you’re associated with.
How Best to Get Funding for Your SME?
Launching a personal business is the common goal for many of us. Plus, it’s also a good source of income. If you don’t have sufficient cash for cover the start-up cost (e.g., hiring employees, purchasing equipment, marketing), it might help to get business loan. LoansolutionsPH is here to help you compare the rates of the loan offers on the market today, helping you pick the best deal. As a loan concierge firm, LoansolutionsPH is committed to providing the public with reliable information and tools to help them make sound financial choices.
