Charity, Savings And Investments

The three key areas that surprisingly build your wealth in the long run.

Photo by Kat Yukawa on Unsplash

I am not sure whether you are one of those who believe in lady luck or not. All I know is that wealth building is real work like all other things of value. And moreover, it must be something you do consistently too. I am not speaking of lottery now, or a kind of spread betting or gambling casino. Those, I will say are a distraction from the real wealth-building. And what’s more, people who usually come across such wealth (Gambling, lottery etc) are not prepared for it, and as such, they spend it carelessly. So don’t be surprised to read big lottery winners going burst a few years after.

The Real Wealth Building Hacks

You have to decide whether you are working to build-up a wealth, or you are working to survive. Your decision about this will spearhead how you want to go about spending your money. If you are working to survive, then it would not really matter to have anything left at the end of the month, as long as you have met your month’s expenses. Then you should be happy.

However, this kind of attitude will make you poor in the long run. Imagine if your paycheck is not coming in at a particular month, then you have a problem of feeding and meeting your expenses for the particular month.

However, if you are building wealth, you will still able to meet your expenses for the near future. (Science of money management says at least for the next six months) after your pay ceases. That is why it is good to learn the hacks of wealth building to become rich and financially stable, simply by following simple wealth building hacks.


Charity is the number one wealth-building hack. At least, ten per cent of your net pay should go to help other less privileged members of the society. I am not going to dictate a particular charity. It doesn’t have to be a big kind of registered charitable organisation. I understand that most of the donations for such big organisations go into administrative work and the fat salaries of their top executives, leaving little for the actual charity work.

‘’No one has ever become poor by giving’’ Anne Frank

You can look towards helping out and spending this money purposefully, helping those with genuine need in your area of walk in life. This can take different measures like buying groceries for the elderly in your street, donating toys and books to children home, donating food, clothing items to the homeless, etc. There are genuine needs all around us, your club, church, mosque, playgroup, cooking classes, gym etc. These needs will change from time to time but look out for them and recognise them.


Then the next ten per cent of your net paycheque should be on savings. Set up a direct debit of your ten per cent of the net pay, and let it go the savings account. This should be done consistently. Believe me, it will soon add up substantially, ready for the out of the world emergencies, should they arise.

‘’Let me give you the definition of “rich” and “poor”: Poor people spend their money and save what’s left. Rich people save their money and spend what’s left.’’ Jim Rohn

Look out for a stable bank, and good interest rate. It can be either fixed or not, the choice is yours, and according to what you perceive to be a low-risk saving account.


This is the third area that takes your next ten per cent is an investment. This is where you use the money to create wealth. Look out for what you can invest in to give you additional income regularly. There are many of them, ranging from the joint venture to investment clubs, stocks and shares, commodity and foreign exchange trading, buying and trading in gold bullions, properties, etc.

There is a caveat to this, ONLY PARTICIPATE IN AN INVESTMENT THAT YOU ARE SURE OF. Here is where you need to trust your instinct. Remember, if it is too good to be true, it is probably is. There are many scammers that will offer you gargantuan investment profit, do not believe them.

Also if you are using a broker for trading in stocks, share, forex and commodities, read reviews about the companies before you invest your hard-earned money. Online reviews companies like Trustpilot, Power review, Feefo, etc are useful here. Spend time in knowing what experiences the others have with them before you invest with them.

You can as well look for other forms of investments like retail trading. A company like makes it easier to retail these days. There are also retailing platforms like Amazon, eBay, Not-on-the-high-street, Etsy etc. Online retail is increasing due to the pandemic, and the fact that people not able to go out for shopping. Educate yourself with what is going on, to direct your customer focus on. No matter what you want or need, you will always find the information online.

‘’When it comes to investing, nothing pays more than educating yourself.’’ Benjamin Franklin

For those who are writers, there is an opportunity to get your work published. I know that John Ross, Gurpreet Dhariwal, Simran Kankas and Denise Larkin have all published their poems on Amazon. Read more about getting your poems published into a book here. Even all your writings here on Medium can be published, as long as they are authentic, and exclusively yours, then you can get them published, either into an e-book or physical books. The opportunities are endless.

You might think you have no business acumen but look at those hobbies that you are passionate about. You can turn your hobbies into a business. What is important here is to know what you are doing, and don’t waste your money by looking for unrealistic profit margin.

So what are you going to decide upon? Are you going to build wealth, or live to survive? Whatever you decide will make a difference between you being wealthy, poor, or just getting by. Best wishes in your endeavour.

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