A sharp focus on ownership and creating multiple income streams
Ecclesiastes 11:2 says, “Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” This scripture emphasizes the danger of relying solely on a single income source. Multiple revenue streams should include a mix of passive and semi-passive sources that require far less attention than your primary source.
Be intentional about where you source your news.
If we are what we eat, this applies to the media we consume as well. All news isn’t created equal. Much of it is designed to misinform, make you fearful, and distract you with gossip. Read what the wealthy read, watch what they watch, and keep an eye on the markets. “Follow the money,” as I like to say, because the movement of money tells the real story.
“Pay less attention to the wealth gap and more attention to wealth behavior.”
This quote, from retired police officer and YouTuber Nathan Daley, refers to the Black community. There’s no point in highlighting what other racial groups have if we refuse to acknowledge the strategies they used to get there.
There’s no point in pointing at someone’s wealth if you have a consumer mindset.
The wealth gap comparison doesn’t empower the Black community; instead, it exacerbates racial tension. This is evident from the fact that the majority of research and articles on the subject fail to offer sustainable solutions.
It’s a distraction from real economic change and the overall financial health and well-being of American families.
Instead, let’s fix our focus on ownership, innovation, building generational wealth, strong families, and most importantly, serving the Lord—for it is He who gives us the power to produce wealth.