dearpreye:


Ego is deceitful. It has caused so much pain in homes. I buried mine months ago, and I don't wish to exhume it any more.

Free advise is always despised, especially when it's from one too close to us. Weakness!

Wow! I love your mindset. You must be a very humble person, because most men find it difficult to bury this ego of theirs, which in the long run, does them more harm than good.


I'm so glad you've learnt from your mistakes and have decided to make amends (it's not easy). So, once again, I say kudos to you, and GOD bless you.

Op u have said well, i used to dash money like rain, people from my local govt come all the way from my lga to ask for school fees and all that, this same people failed me in times of need, thank God i am still working and now wiser.
please always try and save from ur earnings like ten to twenty thousands especially if u do not have projects on ground, i am a teacher in Abuja, i save twenty monthly and it curtails my spending, anytime i want to collect what i have saved, i always have a target to buy something
the watch word here is savings and engaging in projects like the op said. Thank u

dearpreye:


You're the friends you keep. I know many are following in nocturnal mode.

You are right bro. I have spend some hours reading your thread with great satisfaction.

Woreva:




Wow! I love your mindset. You must be a very humble person, because most men find it difficult to bury this ego of theirs, which in the long run, does them more harm than good.


I'm so glad you've learnt from your mistakes and have decided to make amends (it's not easy). So, once again, I say kudos to you, and GOD bless you.

I've learned a great deal. Money is very important to men. We're not always at ease when we run out of it.

God bless you too.

dearpreye:


Your humility!

you can say that again! humility that humbles the humble. See what i've missed these yrs of been a ghost on NL. Hehe. Woow..just woow!!

imolore:
Op u have said well, i used to dash money like rain, people from my local govt come all the way from my lga to ask for school fees and all that, this same people failed me in times of need, thank God i am still working and now wiser.
please always try and save from ur earnings like ten to twenty thousands especially if u do not have projects on ground, i am a teacher in Abuja, i save twenty monthly and it curtails my spending, anytime i want to collect what i have saved, i always have a target to buy something
the watch word here is savings and engaging in projects like the op said. Thank u

They will most certainly fail you. To them, you're supposed to have at all times. Foolish givers always lack

Thank God you've learned and adjusted your life style.

Pursue your own dream. Pursue your goals. Give wisely. Pay YOUR SELF FIRST.

Mayany:
You are right bro. I have spend some hours reading your thread with great satisfaction.

I'm glad a soul is positively impacted. Purpose for the thread has been achieved.

However, like Goethe said, knowing isn't enough; we must apply.

Specialist900:
Oga you talk true o. Deduction from source for savings actually does magic cos we've got no choice than to make do with the balance

That's the way it works.

dearpreye:


I've learned a great deal. Money is very important to men. We're not always at ease when we run out of it.

God bless you too.

Yeah, I know that you men like money a lot (and some people go dey talk say na only women like money, lol!)
I always notice that anytime money is coming in for my hubby, that is the time he will be in the best of moods, and I'm always like "Hmmm! E like owo sha!
Meaning: you like money too much! And he'll be like "O necessary!" Lol!

Woreva:



Yeah, I know that you men like money a lot (and some people go dey talk say na only women like money, lol!)
I always notice that anytime money is coming in for my hubby, that is the time he will be in the best of moods, and I'm always like "Hmmm! E like owo sha!
Meaning: you like money too much! And he'll be like "O necessary!" Lol!

He's not alone. Money is defense. Money is confidence.

Once a man knows he can meet the legitimate needs of his loved ones, he relaxes into serenity and joy.

dearpreye:

Thank you. Thank you. Thank you for your kind and lifting words.
Neglect your precious woman at your own peril.

"Neglect your precious woman at your own peril".
Wow! Epic!!!

Woreva:



"Neglect your precious woman at your own peril".

Wow! Epic!!!

Speaking from experience. She now endorses majority of my financial decisions. Arrogance has cost me such.

This is the best post i've ever read on nairaland. Anyone who sees this post without like will become poor.

dearpreye:


He's not alone. Money is defense. Money is confidence.

Once a man knows he can meet the legitimate needs of his loved ones, he relaxes into serenity and joy.

Exactly! I totally agree with you. The pride and joy of a man lie in being able to provide adequately for his loved ones. Nothing erodes a man's joy than the inability to do so.

Woreva:



Exactly! I totally agree with you. The pride and joy of a man lie in being able to provide adequately for his loved ones. Nothing erodes a man's joy than the inability to do so.

Yeah. My woman knows when I'm damn broke. My patience decreases. Become agitated. Easily angered. Touchy. Name it.

Word! Word!

dearpreye:


Once a man knows he can meet the legitimate needs of his loved ones, he relaxes into serenity and joy.

omg! This is the most beautiful thread I have come across on nairaland in a long time. Thank you guys for rekindling the 'financial spirit' in me.

Yzzey:
This is the best post i've ever read on nairaland. Anyone who sees this post without like will become poor.

Learning never stops!

Thanks for your kind words.

okonri:
omg! This is the most beautiful thread I have come across on nairaland in a long time. Thank you guys for rekindling the 'financial spirit' in me.

It's time apply the knowledge. Let not the rekindled spirit die; do not let the light flicker away......action!

Knowing isn't enough; we must apply. Goethe.

dearpreye:


Speaking from experience. She now endorses majority of my financial decisions. Arrogance has cost me such.

I love that! Wise decision you've made there. Hope others will follow suit.

It's high time men realized that women are frugal, prudent and shrewd where financial matters are concerned, and also have the in-built ability to make sound judgement and decisions. It is called INTUITION.

Woreva:



I love that! Wise decision you've made there. Hope others will follow suit.

It's high time men realized that women are frugal, prudent and shrewd where financial matters are concerned, and also have the in-built ability to make sound judgement and decisions. It is called INTUITION.

Totally subscribed.

I didn't learn that overnight. Painful experiences forged the message home

[quote author=dearpreye post=35440731][/quote]thank you sir. I shall wait in anticipation.


16:33:48
Fri, Jul 3, 2015

blackjack21:
thank you sir. I shall wait in anticipation.


16:33:48
Fri, Jul 3, 2015

Alright.

Acidosis:
Great post!!!

The way out:

Set a 12 month or 6 month target for yourself.

On January 1st, 2015, I said to myself (name), ''you must save N*m on or before November 1st, 2015.''

Its really hard considering the nature of work, expenses, my love for gadgets (e.g. samsung galaxy S6) but with God, tithe, caution, and careful *not stingy* spending, that target would be realised.


I had to settle for a "torchlight" Nokia and a tab, to beat that target

For ya mind na u dey pay tithe?
Send it to me and l will pray for you.

Joavid:

For ya mind na u dey pay tithe? Send it to me and l will pray for you.

yenboy:
WOW at poster Big thanks for sharing these you just saved a soul.

But I do have a question, What happens when the said young man is not married?? either is he in any serious relationship??

thanks once more.

Sorry, I am drawing you back again but as I was rereading this thread, I was tempted to draw your attention to some personal experience of mine due to the advice sarahbabyxx gave you on savings and opening a fixed deposit account...

It is a noble idea but I will advise you based on my experience as someone who works in the financial industry and from my experience observing my parents...

1)Most people dread fixed deposits because of the small interest there. Imagine making #540 in a #100,000 fixed deposit for 30days...

2)Some others dread fixed deposit because they lack that bulk sum to fix...

3)Some others because they feel they have more than enough excuses/ needs hence can't save...

In all, you will always have a reason not to save if you don't want to save...

Now to my experience from my parents and place of work...

1)Once any child is born to them, they open an account with union bank(I am not working with them) ...in the name of that child. Compulsorily, both my dad and mum each month drop #500 in those accounts...

2)All our school fees were paid from those accounts. Whenever any of us is in serious need like fees etc, they will take out the money from your own account which has accumulated over time...

3)When people dash us money, we give them to pay into our accounts...hence competition to save began among us their kids...

4)They were investing in shares too...I bought my first share with my quizz competition price money in SS2. Though I stopped investing there after the global economic meltdown...but not my parents ...you can add insurance policies too if you want...

5)Though I see myself giving away money to others most times...I strived hard to save always...

6)When I saw I had more financial burden than my salary... I wrote postdated cheques for 20% of my salary and gave to insurance company. Hence once my salary drops every month, insurance company take out my savings immediately before I go on spending spree ...And it is a yearly policy...hence I am sure of embarking on a substantial project or investment when my policy matures at year end hence I wasn't waiting to accumulate funds to fix....(I am not an insurance broker o) ...I only found away around my flaw of being extravagant ...With this, you will have investments but lack cash

The above can make parenting easier and less stressful...while allowing you bulk savings to embark on projects....I saw my parents turn virtually to microfinance banks to even their senior colleagues because of their effective and efficient financial planning...

Cc. my mentors@Dearpreye, Ideykwum and Truckpusher... for criticisms and more insight...

BTW I shared my personal experience to show you that even though you're not rich, you can save because my parents weren't rich...thanks

dearpreye:


Totally subscribed.

I didn't learn that overnight. Painful experiences forged the message home

Eeya! At least you learnt your lessons. Experience they say is the best teacher.
Hope others learn theirs too before it's too late, or better still, learn from yours.

Whynotthetruth:


Sorry, I am drawing you back again but as I was rereading this thread, I was tempted to draw your attention to some personal experience of mine due to the advice sarahbabyxx gave you on savings and opening a fixed deposit account...

It is a noble idea but I will advise you based on my experience as someone who works in the financial industry and from my experience observing my parents...

1)Most people dread fixed deposits because of the small interest there. Imagine making #540 in a #100,000 fixed deposit for 30days...

2)Some others dread fixed deposit because they lack that bulk sum to fix...

3)Some others because they feel they have more than enough excuses/ needs hence can't save...

In all, you will always have a reason not to save if you don't want to save...

Now to my experience from my parents and place of work...

1)Once any child is born to them, they open an account with union bank(I am not working with them) ...in the name of that child. Compulsorily, both my dad and mum each month drop #500 in those accounts...

2)All our school fees were paid from those accounts. Whenever any of us is in serious need like fees etc, they will take out the money from your own account which has accumulated over time...

3)When people dash us money, we give them to pay into our accounts...hence competition to save began among us their kids...

4)They were investing in shares too...I bought my first share with my quizz competition price money in SS2. Though I stopped investing there after the global economic meltdown...but not my parents ...you can add insurance policies too if you want...

5)Though I see myself giving away money to others most times...I strived hard to save always...

6)When I saw I had more financial burden than my salary... I wrote postdated cheques for 20% of my salary and gave to insurance company. Hence once my salary drops every month, insurance company take out my savings immediately before I go on spending spree ...And it is a yearly policy...hence I am sure of embarking on a substantial project or investment when my policy matures at year end hence I wasn't waiting to accumulate funds to fix....(I am not an insurance broker o) ...I only found away around my flaw of being extravagant ...With this, you will have investments but lack cash

The above can make parenting easier and less stressful...while allowing you bulk savings to embark on projects....I saw my parents turn virtually to microfinance banks to even their senior colleagues because of their effective and efficient financial planning...

I bet he will find the above very meaningful.

Thanks bro. But you too know book

Woreva:



Eeya! At least you learnt your lessons. Experience they say is the best teacher.
Hope others learn theirs too before it's too late, or better still, learn from yours.

I expect them to learn from mine pitfalls

Time is money. They can't afford to make same mistakes given this piece of info....

God bless d Op & all d meaningful commentors. Ds has been a blssing & an eye opener. Thank u all

dearpreye:


I bet he will find the above very meaningful.

Thanks bro. But you too know book

I no understand boss When I wish and dream to catch up with you and the other too bosses I mentioned above including that other lady you know I dream a life as informed as yours...(No jokes here Sir)

Whynotthetruth:


I no understand boss When I wish and dream to catch up with you and the other too bosses I mentioned above including that other lady you know I dream a life as informed as yours...(No jokes here Sir)

Theory!

I admire the way you itemise and explain your points on issues. It's kinda fascinating. You come to me as someone whose sole intent is to ensure the receiver totally decodes your message with little or no confusion. Keep it.