To my wallet : i now understand you.

-

 





Dear wallet, I used to randomly open you like a vending machine, hoping you'd surprise me. But now, I see that you were only holding what I put in.

I can remember blaming you several times for being broke. how funny that was. Now I understand your silence all this while, I get it.

I have learned a lot from finance, so I have decided to share it with you for free. Even though i learned them the hard way.

1. Stop Spending based on Feelings.

Feelings are temporarily based. they come based on mode, environment, and influence.

imagine walking to a shopping mall to get just three(3) items only to come out buying seven (7). exceeding your budget for a purchase. Now know this, it's not that what you bought extra was bad or not needed, but it wasn't budgeted. that hurts the wallet.

Learn to stick to the plan. it shows maturity.

don't spend based on how you feel. but how you planned it to be.


2. A budget will save you.

This is where all the calculation takes place. It's also the simplest thing to do with your paper and pen.

now, where we miss it is; we have not been able to include miscellaneous in our budget. 

Your budget value amount should be above the original budget for the items. This means, if you want to get xyz items for $2000, ensure you have at least $2300. This is so in case the prices change on arrival.

By writing out and strictly following your budget, your finances will be transformed.


3. Always have a plan B

If you don't possess an alternative thinking Financial mindset, life will create one for you.

You need to face your spending life with full force. 

Show up prepared. The reason why you waste resources is that you have never thought of closing every loophole by creating valuable needs. your funds will have leakages if you don't seal them with tangible financial planning, even to the least penny.

focus more on the least funds. You should be intentional in knowing where and how your funds is going to.


4. Learn to Give 

This  is just the magic of unexplainable financial increase. it works well. Giving back to the society, and individuals by helping them rise is indeed a better and proper way of staying relevant.

everyone needs each other to grow. The trees/ plants takes in our carbon dioxide to leave

now for organizations, they termed it to be community


 




Comments

Post a Comment

Popular posts from this blog

Simple Businesses you can start today without a kobo in nigeria

-
Image
Indeed, ideas rule the world.  This statement has been seen to stand the test of time as it brings an unforgettable experience once applied.  Fast forward to reality. It's no news that things aren't going well, and the economy isn't smiling with anyone. While others are still trying to assimilate this fact, others are smiling at their fat bank account(s). Over 65% of creative business idea owners in Nigeria are broke. The reason is that they don't have the capital to start the business. How frustrating can this be! If you're in this category, don't feel bad, because we still have people who don't even have a business idea. if you're also in this space, don't feel bad. This post is here to help you scale up. There are several businesses you can start without having a dime, yeah, you heard me. stop beating yourself. Roll your sleeves, let's work-talk. This post is my personal research, and it's a tested and proven idea. Not a diluted story. 1. ...
Read more

Before you say ''yes '' to that job -know these rights. -- stop working blind, you have some rights as an employee

-
Image
    For obvious reasons, I have decided to bring up this topic because a lot of employed Nigerians are really suffering all in the name of I need a job. Meanwhile, laws has been structured to protect you. of course, these laws wont speak for themselves. Your first step to liberty is knowing your rights and privileges at work. Before I point out these rights, i will want to establish something clear.  when you see "Job opening", it doesn't mean oil well money, nor does it mean ''Carry all your problems, salary will solve it for you''. NO!  Job openings/vacancies mean ;  company  is crying;  we need help, please, come and rescue us in the (xyz) department You, the employee, ok, I can offer to help.    Remove that mentality that the company is helping you out of poverty or managing you. except otherwise,  they are not doing you any favor. instead, you're the one doing them a favor. This is because you are the one offering your skills, knowl...
Read more

WHY IS MONEY SCARCE IN MY HANDS?

-
Image
 A major challenge we face is the scarcity of money. Even when we "struggle" to get it, trust me, it isn't always enough. And then this circle continues till infinity. To add to this, some other persons who might not even work as hard as you do,  yet they make more than you do. It's annoying and exhausting😞. if this is your experience, then read through. Before I proceed with this, I'd like to establish some facts which we cannot change, but work with to achieve results. Money responds to needs Money will follow you if you follow its principles Money attracts its kind. Sometimes,  money isn't always enough   I will be linking these facts together as we expose some of the reasons money is scarce in your hands.    1. You're focused on earning and not multiplying.     This is a trick that many don't know they're doing.  It's good to invest time, ideas, and energy in getting money. very lovely. But hold on for a sec, how are you including the id...
Read more