Three Core Ingredients to Grow Your Income

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Three Core Ingredients to Grow Your Income

After teaching financial literacy for the past 10 years, I’ve realized that if you increase your value in these three areas, you increase your wealth.

Here they are:


If you want to earn real wealth, there’s really only one way. It’s the old-fashioned way: Develop real competence. Real competence that’s so remarkable, the world will stand in awe.

Be the best you!

Be the best waiter. The best salesman. The best dentist. The best cook. The best manager. The best writer. The best dancer. The best chemist. The best teacher.

Your boss may not recognize your best. That’s OK. Give your best anyway. if your boss won’t recognize you, someone else will. Another company will recognize you and promote you.

But how many of you know of people who are incredibly competent in what they do but remain poor?

Because competence isn’t enough…



To become truly rich, you need to take on an abundance mindset.

A very important part of consciousness is financial literacy – or understanding how money works.

That’s why there are doctors who can operate on the body but cannot operate their money. That’s why there are actors who can manage their careers but cannot manage their cash. They fall into scams and make terrible investment choices.

But here’s the truth. Even if competence and consciousness will make you wealthy, if you don’t have the third ingredient, wealth won’t last.



Character is the most important value of all.

I’m talking about integrity, honesty, faithfulness, love…

Let me repeat what I always say: Money is a magnifying glass. Money doesn’t bring anything to the table. It simply magnifies what’s already there.

If you’re a good person, money will give you more opportunities to be good. But if you’re a bad person, money will give you more opportunities to be bad.

Let me quote again what the Bible says, “ If, then, you have not been faithful in handling worldly wealth, how can you be trusted with true wealth?” (Luke 16:11)

How you handle your money reveals who you really are…

Source: The Abundance Formula


The above is an excerpt from Bo’s latest book on financial literacy entitled The Abundance Formula. In this controversial book, Bo tells you to earn as much as you can – so that you can give as much as you can! Bo believes that it is God who gives you the ability to earn: “But remember the Lord your God, for it is He who gives you the ability to produce wealth…” (Deuteronomy 8:18).

Change your financial destiny. Read this book.

If you wish to order your copy of Bo’s latest book, visit and shop from the comfort of your own home!

Be blessed and Live a Fantastic Life!

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