merciie: I suggest you join a sort of cooperative society, where your money is deducted from the source, that way you won't have a choice than to "manage" the remaining you have at your disposal. That way you can now withdraw your savings at the end of a particular period and use it for something tangible

Twenty5:


thank ou for this piece,i love it

manny4life: Ok Coogar,
This argument leads no where, if you honestly believe a big job will solve your problems, GOOD LUCK on your thoughts. For me, big job doesn't, you need discipline ... PERIOD. This has worked for me, I'm a good testimony to it, I've seen many others who have witnessed same thing, therefore, we may not share same ideologies but this is MINE. OP is at the discretion to decide what he wants, as for me, I've said my own.

snthesis:
abeg, leave story 4 tortoise, wat wud u say to guys dat suffered starved demself of pleasure to invest in shares only to watch all dat money become worthless

okorafor aboy: re-shape ur life and the way u spend.minimize ur spending,then plan ahead.try give ur wife some money to keep for you.

Twenty5:


The key word here is discipline. Without it, even if u earn a million naira on a monthly basis, u still won't be able to save. I have a friend who worked in one of the banks (well before Sanusi Lamido became the CBN governor), then the salary and allowances was so attracting. He worked for 4 years before buying his first car. I remember some colleagues then used to call him names like 'stingy fellow' and the like. He will always ask for a lift from colleagues after work. He eventually bought his car in the fourth year with no bank loan. He single handed ly bought the car from the investments he had. He had a lot of shares then and other businesses that were doing well and it was from the dividends then that he bought a car worth 1.5 million naira way back in 2006. The lesson here is that he remained focused and disciplined himself to save and avoid going into debt like his colleagues who were always assessing car loans and the like.

thank you for this piece,i love it

softangel:

Where is ur Understanding English Book 1 and Brighter Grammar Part 1?

yuzedo:


HALT!!!! Whadda fuckkkkk does that mean?!

coogar:

you are a miserable cünt....
so degrading himself like a pauper is his only means of saving money? are you a slave of money or money is your slave?



the op is not careless with his money
read his comment very well - he said no matter how hard he tried he finds it difficult to save at the end of the month. indiscipline is not his problem, the income is the problem.

Winneygirl: Sweetlola spoke well.
But I think we can make it easier.
:
E.g. With Stanbic IBTC bank (My bank), U can open a contractsave acct. If Ur payday is 21st, U can instruct dat a Standing Order (Auto-debit) be placed on Ur salary acct, to move a certain amt every month to Ur contractsave acct.
:
This implies that U dont have to manually move money. The system does it. Then U knw dat wat's left is wat U have to spend.
:
U cant use an ATM card on dis acct, and U cant withdraw part of wat has accumulated, unless the acct is terminated.
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2 me, dis is much easier.
:
No matter how big/small Ur salary is, always make sure there's something tucked away somewhere.

Twenty5: I just discovered that no matter how hard i try to save in a month other things of necessities must come up,i am not even talking of my wife to be who is not even demanding.I have read books on finance.i have applied them and it works but within the past three months have not being able to maintain this useful principles i derived from books.

Can someone help me out on what to do and also share with me any story of yours that can help?

manny4life: Those asking him to increase his income, if you cannot manage $100, what makes you believe he will manage $1,000? Management is key, this is what separates the U.S. and China today. China is a saving economy no matter how small their citizens earn while U.S. is a spending/credit economy no matter how big their average earners are and Nigeria is gradually copying their template.