With the current trend in Uganda, having major macro economic problems like Inflation, recession,unemployment accompanied with retrenchment and retirement, balance of payment problems among others. , there’s need to start up new businesses but , If you got all the money you needed to start up a business, which one would you do and how unique would it be from the rest? There’s quite a hidden mystery of a multi- billion dollar industry that hasn’t been recognized by many. Your plan is your map to your destiny.
Monday, 30 April 2012
GET RICH QUICK SCHEMES
Get rich quick schemes are never genuine . It is impossible to earn money that you’ve not worked for unless it is a transfer earning like inherited wealth or un employment benefits for developed countries. No one is lucky in life because luck stands for:
L- ABOURING
U-NDER
C-ORRECT K- NOWLEDGE.
Have you ever asked yourself why the kind of people that advise you to follow their instruction and acquire wealth in a very short time never do the same to get rich as well?
Friday, 27 April 2012
SOLVING INFLATION
There are mainly two kinds of policies followed: the monetary and the fiscal policy.In the monetary policy ,there is control of the foreign exchange rate which is fixed in relation to another foreign currency or on valuable commodities like gold. However this highly depends on the level of inflation.
The central bank will increase the lending or bank rate to commercial banks which in turn increase interest rates on money borrowed which discourages the public from acquiring loans hence reduction of money circulation in the public.
During inflation, the central bank will sell securities like bonds and treasury bills to commercial banks and the public which will reduce the circulation of money in the public
The central bank also increases the legal Reserve Requirement to commercial banks that will still work towards reduction of circulation of money in the public.
With the fiscal policy, this involves increasing taxes and reduction of government expenditure on non productive ventures. The government has to spend more on agriculture to increase food production that will in turn reduce food prices hence improving the standard of living.
Thursday, 26 April 2012
IGNORANCE IS NO EXCUSE
A number of us know that not knowing about anything can never make you innocent if found in the wrong. But how many of us know and care about our well being in terms of health. A lot of people treasure money more than their health. We never get to appreciate the value of our lives until we are sick and to the extremes. After we have gotten health complications then get all ways of soliciting for money to retain our health. We daily inhale toxins from exhaust fumes from cars,industries,smokers and other environmental toxins but with time our bodies will be affected by the long term effect of free radicals caused by this oxidation process and lead to chronical diseases like cancer and heart disease.You need to detoxify your body. Just food for thought.You are all welcome for advice.
Wednesday, 25 April 2012
INFLATION
Inflation is the general price increase caused by factors on both the demand and supply side of the economy. The monetarists say it is brought about by alot of money in circulation which will eventually depreciate in value since money is expected to be a scarce medium of exchange. The Keynesians say it is caused when the aggregate demand for basic commodites like food,fuel prices is higher than the aggregate supply. This is called the supply shock kind of inflation.
However, for it to be controlled, various measures like the monetary and fiscal policies have to work hand in hand. I commend the central bank of Uganda for the wonderful work done so far for lowering the headline inflation rate to 21.2% by March 2012 from 30.4% in November 2011.
HEALTH ECONOMIST
I graduated as an economist something that was to help me earn a living.But I realised that having wealth without health was all in vain.Therefore I embarked on availing myself will all the relevant knowledge to have optimal health.I also discovered very many undermined truths that I have developed the desire to share with people having health challenges.Treating symptoms is a temporal solution to the problem. Dealing with the root cause of the matter is rather more important.
Tuesday, 24 April 2012
ALL THINGS WORKING TOGETHER
Several things good and bad do happen in our lives either by our own mistakes or by other people's bad intensions. But did you know that God can turn them all for your good and for your blessings.
Always think of how you can be a blessing or a source of help to people and in so doing God will bless you as well. For the things that seem impossible in your life are just a count of time . When the right time comes, it will all be a history. For as long as you’re doing God’s will, every thing that was pre destined by him in your life will come to pass. When the fullness of time had come, God sent forth his son to be born of a woman. Even when I pass through the valley of the shadow of death I will fear no evil for you’re with me.Your shepherd rod and staff comfort me.
Monday, 23 April 2012
HEALTH IS WEALTH
Health is wealth means you treasure your well being more than your financial wellness. To most of the people wealth is health. It is unfortunate that most of them never take time to find out how they are progressing health wise and only wake up when they get that bad report from the doctor when it is too late. But every one of us knows that prevention is better than cure. Before you criticize anything , please find out the detail of the matter.
It is surprising to know that people tend to care more and show love when some one is dead than when they are alive. So take your health as priority by feeding yourself with all the necessary knowledge.
Thursday, 5 April 2012
EASTER
During the triumphant entry of Jesus to Jerusalem, we see people hailing him as the King of Kings,laying down their mats, palm leaves for the donkey to pass on.
Yelling Hossana “Blessed is he who comes in the name of the lord”
It is surprising to know that the same people that were praising him were the same people agitating for him to be crucified that he was calling himself the King of the Jews.
It was the Lord’s will for all this to be done.
The Bible says in 1 Peter 3:19 that he went and preached un to spirits in prison. Have you ever asked yourself how the people who lived before Jesus could have heard about the his gospel?
The only way was for him to be dead and get the opportunity to preach to them. It is interesting to know that many of those who had died, rose and were seen by many. Thanks to our God the ruler of everything.
THE WAY OF MAN
The heart is deceiptful above all things,desperately wicked , who can know it (Jeremiah 17:9)
Have you ever imagined why most people behave strangely the way they do ?
The reason is simple, The way of man is not in himself, it is not in man that walks to direct his steps. (Jeremiah 10:23). The bible says cursed is he that puts his trust in man.Do you know that the people praising you today will be the same people against you tomorrow? That’s man’s nature.
It is only God that can change your heart to do the good things.He desires mercy and not sacrifice, the knowledge of God more than burnt offerings (Hosea 6:6). Every thing that God requires of us is about transformation of the heart.
The Lord doesn’t want us to glory in our wisdom, might, riches but rather to glory in knowing him and understanding him and that he is the lord that exercises loving kindness,judgement and righteousness in the earth.(Jeremiah 9:23). If you want God to change your ways, just pray he will do it.
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