-
7 WAYS TO MANAGE YOUR FINANCES
If you are having challenges with your finance, you may want to consider going through this because it will help you. It's long anyway Happy Reading.
Here are the 7 ways in which you can manage your finances:
1. Don't buy things by impulse: There are many things out there that can get your attention for you to buy them. For you it may not even be these things it might be your love for the latest trend-designer cloths,bags ,shoes,gadgets etc. Try to suppress the urge to buy this things.
2. Differentiate between the urgency and importance of your needs; There are somethings we want that are important but not urgent. for instance, I have an Iphone 7 and I discovered Iphone 8 is out and i went to buy it. In this scenario, the iphone 8 is important but not urgent.
3. Have a budget: A budget comprises of our income and expenditure. The main aim of using a budget is to monitor and control our finances. So, I advise everyone of us to get one.
4. If possible avoid junks: Research has shown that home-prepared foods are better off to junks. Cooking our own foods is more economical and healthier than having junks.
5. Live within your "means": In the attempt to show off most people go beyond their means which they regretted as they got themselves into debts.

6. Don't take too much money with you when you go out: Yes, abeg let take this one seriously. If we are going for an event, let sit and estimate our spending and let us go with the exact amount. The main of this is to avoid excessive spending.
7. Don't invest your money if you will need it in the short run: With the knowledge of this, if we are going to use the money in the short run, then, let save and not invest.


Comments

Post a Comment

Popular posts from this blog

LIFE IS A PROCESS

-
Image
The term "process" according to Merriam Webster means "a series of actions that produce something or that lead to a particular result". Let me explain this using this illustration: When a child is born, after a while the child learns to crawl, the next - child tries to stand up (a lot of times the child falls down and sometimes gets his/her self injured), and then the baby learns to walk. All these actions later sum up into making that child a better adult. The question now is what happens if the child decides to skip one of these important actions? The truth still remains that you don't skip processes and get a better outcome. You can't eat your cake and still have it - it's impossible. The process of life comes with goodies and badies (either of the two that comes your way is meant to build and mould you into the celebrity you'll become). That heartbreak, setback, betrayal, denial ... are all part of the process that will const...
Read more

BELIEVE IN YOURSELF

-
Image
Years back when I was in SS1, everyone around me described JAMB as a tough exam. You have to read and read, you must be exceptionally intelligent, you must be this and that ... I held on to this fear and by the time I was in SS3, most of my classmates registered themselves for JAMB but I refused to do the same. Instead, I told my dad I'll like to school in the Benin Republic (I had friends schooling there) and he kind of agreed. I was happy (I felt I have conquered my enemy - JAMB). A few weeks later, my dad called me and told me a story (one of those stories that touch the heart). He said for some reasons best known to him I'll not go to study in Benin. That day, you need to see me, I cried my heart out. That year passed, the following year I reluctantly registered for JAMB. I enrolled for an evening JAMB class where I was tutored. I became friends with the Secretary. She's so fond of me (her Boyfriend and I have the same names and so she called me 'namesake...
Read more

ADVANCING AGAINST ALL ODDS

-
Image
  Challenges are bound to happen when it happens, our response to it determines what we get from it - we either become courageous/stronger or timid/weaker. If you're scripturally inclined read: Matthew 20:29-34; Here we saw two blind men who were determined to get a breakthrough. They tried and failed but they were consistent and they never allowed the crowd to silence them. They continued until they got what they wanted. This is to say people will always talk about you either you do good or not. I mean if people still talk about the dead, be sure they will talk about you. They talking about you ain't the problem, the problem begins when you allow their palaver to get to you. It's said that whatever you give attention gives you direction. If you give the crowd attention, they will determine what will become of you. You can be whatever you want to be, just believe in yourself, and work towards achieving your aim. The sky will be your starting point. Don't allow that God-...
Read more