Skip to main content

PROSPERITY & FAMILY INHERITANCE


Do you know a common way poverty creeps into a family is by selling-off inherited properties? Examine the Forbes rich list and you’ll see that almost 35% of the entire listed, especially the top 100, are people who inherited their wealth. Landed properties, hedge fund investments, trust funds, stamps, paintings, precious stones, company shares are some of the forms by which wealth is transferred from a settler to a beneficiary.


Now, if as much as one-third of the rich folks in our world today are heirs to riches, why are we then so quick to sell what's ours?


I recently observed three average families close to mine, which is an average one too. And I notice members of these families have continued to own houses, cars and other valuable items as far back as three generations from today. But the habit or may I say culture of selling properties, either for selfish interest or simply for lack of regard for it, has kept them on that “a little above poverty level”. Hence, educated hard-working families, but mediocre in society.


Aristocracy is most accurately defined as “an upper class of hereditary nobility”. Therefore, by adopting a culture of saving and refusal to dispose-off properties, a clan of hardworking individuals can over time enter into such bracket of nobility, building a name (brand) and making life easier for their future generation.


If this is your desire, it isn’t too late. Deciding not to sell the stuff you consider inferior today you’d begin to build a worthy inheritance for your kids. That Peugeot 504, Volkswagen 1500, the bungalow and vast farm land in your village or shares certificates you just discovered your father has in a certain bank. All these seemingly invaluable bits, if properly maintained and harnessed, including your personal effort, will over the years evolve into generational prosperity.


My neighbour, who we fondly call Count Kevin, spent the best part of the past thirteen months buying spare-parts from all over Europe to fix his late dad’s car–a 1966 Ox-blood Jaguar E-Type. Upon completion, he invited a local vintage car salesman to come see the car in his garage, after viewing the dealer made him an offer of Ninety Thousand Pounds to change ownership. Of course he didn’t sell it, but agreed to let the gentleman display the car in his showroom and hire it to lovers of classic cars who will pay as much as £1000 a week to cruise around town in the convertible roadster, especially in summer


Even in the great book, "Abraham’s blessings", is the prototype given for wealth. A generational blessing–one to the other. ABRAHAM–ISAAC–JACOB/ISRAEL–THE TWELVE TRIBES OF ISRAEL and down the line.


I implore everyone reading to desist from the compulsion of selling stuff, when unnecessary, especially heirlooms and work diligently. We must also not neglect ethics: such as honesty and charity. Staying true to these values will announce your family on the Aristocracy level within the next thirty years. And when wrinkled and frail, you can be sure you’ve lived a good life–most importantly passing on a baton of a worthy inheritance (legacy) to yet another vibrant generation to keep the flag flying from where you left off.


May love, peace and prosperity be yours now and forever!




Comments

Post a Comment

Popular posts from this blog

The Color of Water by James McBride review - race, identity and transcendence

I once encountered a novel in the African literature section of a London library. It was about an out-of-luck black Nigerian man, Furo Wariboko, who went to bed and woke up transformed into a white man. Nothing else about Furo changes (held the same undergraduate degree, spoke in  Pidgin English  and even retained a  Black ass ), yet his social interactions in the vibrant city of Lagos improved overnight: from offers of high remunerating jobs to excessive deference towards him from his fellow Nigerians; all because of his newly-acquired skin colour. I remember sliding that novel back into the library’s bookshelf, thinking the synopsis around Furo’s life was outlandish even for a work of fiction. Not until I immersed myself into James McBride’s demure memoir,  The Color of Water , in which the author unfurled the life-world of his mother, Ruchel Dwajra Zylska, did I realise that I’d been limited in my imagination to think back then that Furo’s story was outlandish, an...
Post a Comment
Read more

RELIGION AND NIGERIA.

Tourists to Nigeria’s popular cities -- Lagos, Abuja, and Port-Harcourt -- may query statistics that suggests Islam to be the peoples’ major faith. Arguably, there are twelve churches to every mosque in each local government area, in, say, Lagos. Majority of these churches are privately owned organisations, e.g. Winners Chapel: formerly world’s largest church capacity, with fifty thousand seats, until recently upstaged by the Apostolic Church of Nigeria’s one hundred thousand seats church auditorium, also in Lagos. Approximately 160 million people, individually affected by two or more of the following: Tribal racism; Post-trauma of a civil-war (Biafra); Societal under-development stemming from thirty-two-years of oppressive military rule; Poverty; and now Terrorism. Taking a social science approach, expected loss of human dignity and social cohesion in such society, especially having evolved through slavery and colonialism, prior, it’s understandable why the world’s larges...
2 comments
Read more

Tinubu and end of Village Tree Democracy

The market square humiliation of incumbent governor of Lagos, Akinwunmi Ambode, was excruciating to watch even for a non-supporter. It was a ‘power show’ by Bola Ahmed Tinubu. A demonstration that two decades after ‘great minds think alike’ billboards stood on major Lagos streets – a baseless comparison of himself to Awolowo and Gandhi, except for round-eyed glasses – his ability to steer voters in his preferred direction hasn’t waned. I’m mindful that it’s usually an overestimation when an individual is said to have such power over society. Nevertheless, it’s undeniable that Tinubu’s opinions hold sway in Lagos. Indeed, how Tinubu came about that political power, and how it can be brought to an end, is what I intend to interrogate. Majority of Lagos residents are Yoruba. Like many African sub-nationalities, they hold as ideal that, although individual need is self-evident, community need shall supersede. This is argued convincingly by Professor Segun Gbadegesin – what...
Post a Comment
Read more