Head of Maker\u2019s House Chapel International, Dr. Michael Boadi Nyamekye has highlighted the significance of diversifying income sources, insisting that people should not confine themselves to a single job.<\/p>\n In an interview on Starr Chat on October 3, 2024, he remarked, \u201cEverybody has a multiplicity of talents. And God is so wise that He gave you two hands, whilst you have, say, your banking job on one hand, you can have another on the other hand.\u201d<\/p>\n Dr. Nyamekye\u2019s promotion of establishing multiple income streams reflects his conviction that financial security is best achieved through a blend of active and passive income sources. \u201cYou have to have a basket of things that you do,\u201d he articulated, advocating for a combination of jobs that feature both direct involvement and passive income options. \u201cSome you engage in actively, others you engage in passively,\u201d he noted.<\/p>\n Questioning conventional views on saving, the doctor claimed that saving alone is inadequate for building wealth. When prompted about his earlier comments on the necessity of saving, he firmly stated, \u201cEven when I die and you come and ask me the same thing in my grave, I\u2019m going to stick by it. I only save because money is not supposed to be kept.\u201d<\/p>\n Dr. Nyamekye elaborated on the concept of money flow by likening it to rivers. \u201cMoney is, that\u2019s why I say currency. Currency means flow\u2026 The reason why the bank and the riverbanks go together is the bank is supposed to direct the flow,\u201d he explained. He warned against saving merely for its own sake, particularly when the interest accrued does not match inflation rates. \u201cIf you are saving and you are not getting anything in return, why are you saving the money then?\u201d he questioned.<\/p>\n His firm opposition to conventional saving methods stems from his belief in the value of investment. \u201cI don\u2019t believe in savings. I believe in investment,\u201d Dr. Nyamekye asserted, encouraging individuals to reconsider their financial tactics in favor of more dynamic wealth-building strategies.<\/p>\n Watch the latest edition of BizTech below:<\/b><\/p>\n![\"Dr.](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/903\/90317334.295.jpg\" "\\"Dr.")
Dr. Michael Boadi Nyamekye, Head of Maker\u2019s House Chapel International<\/span><\/span><\/p>\n<\/div>\n