Wealthy people who built their wealth through hard work and discipline usually have a budget and sticks to it. They plan how to spend their money and don't throw it around carelessly.
When you ask them for financial help, they might say no or delay because your request is not in their budget and your emergency is not their emergency, they hear many requests like yours every day.
Restrictions to what or how they spend is the reason they are able to sustain what they have.
Even wealthy people like Tony Elumelu, who owns a bank, have rules about how he spends his money. If you ask him for help, he might direct you to his foundation, which has its own budget as well.
Some people might think that wealthy individuals are stingy, but the truth is that they have rules to manage their wealth. They can not just break those rules, even if you are in need.
In contrast, people who do not manage their finances well do not make budgets and spend their money carelessly. They might even use their business account for charity. However, this approach doesn't lead to sustained wealth.
We can point out that, building and sustaining wealth requires the following;
-Discipline
-Rules
-Budgeting.
N.B" It is not just a matter of choice.
You can comment other important points to building and sustaining wealth.
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