A small seed carries great potential that often goes overlooked or unnoticed. I’m not a scientist, nor do I profess to know all the terms or the process of a seed releasing its potential. Here is what I do know – seeds planted in the right environment, given the proper care, over a specific time can produce a tree which will bear fruit greater than the small seed.
When we think of wealth-building we should think of the seed; the money that we generate weekly, biweekly, semi-monthly, monthly, or annually would qualify as our seed.
For best growth, our seed should be distributed in four areas:
1. Current budget (monthly bills/expenditures)
2. Retirement (investment in our future)
3. Asset acquisition and growth
4. Savings (replacement savings, emergency fund, and vacation)
The seed allocated to retirement and asset acquisition or asset growth should be planted. The idea is to get more of our seeds into items two and three for the investment and growth of future assets.
We should plant (or invest) those seeds in vehicles that will produce healthy growth. Over time, these seeds will begin to grow into a tree, giving us more fruit.
Once we have more fruit, we have more seeds. With more seeds, we can repeat this planting of seeds in good ground with care and time over and over. The more seeds we plant and manage well, the more our trees will grow. With proper management, our fruit grows into mature healthy investments and in turn gives us more seeds to plant.
That is the “secret” to wealth building—use your seeds to invest in good ground, good income-producing assets. Fund your retirement and acquisitions with the seeds you have planted, and the assets you grow will produce good fruit for your future.