Wizeboy:
Having good friends is one of the best parts of life, especially if you have friends you can trust during the good and the hard times. It’s great to have people who share interests with you, who you can confide in, and who you can have fun with. Many of us struggle with having a natural competitive attitude when we are around our friends, and it is easy to fall into the pattern of wishing we had all that our friends do, whether that includes looks, money, or possessions.

However, sometimes part of being friends with someone is seeing the other person lose out or suffer. No one wants to see a true friend hurt, but in addition to comforting your friends when necessary, you can also learn from them. As tempting as it is to fall into the trap of wanting what your friends have, if you choose to, you can really learn from your friends’ mistakes — especially financial mistakes.


1. Don’t peer pressure spend

Yes, your friend’s new car is awesome, and it might look even better in your own driveway. However, if purchasing a new car would put you in serious debt, it just isn’t worth it. Most likely, you have seen firsthand what debt can do to someone. According to Debt.org, debt can have a huge emotional effect on a person. When we don’t have enough money, our choices are limited. Debt, of course, can also affect your ability to pay other bills, as well as your credit score. As tempting as it is to want to have what your friends have, remember to pay attention to those friends who have spent so much money that they are now truly suffering. Don’t take money from savings, make huge purchases, or borrow to play catch-up with your friends.


2. Start saving early

This is another lesson you can learn from your friends who are broke: start saving early. As fun as it is to spend recklessly and to believe you have years to start saving, this just isn’t true. The sooner you start saving, the better. You may already have friends who have maxed out their credit cards, or have purchased big houses and fancy cars and have no money left to put toward retirement or other types of savings. Or you may have older friends who warn you (either literally, or by the way they live) that failing to save enough can be detrimental to your future. While it’s important to set money aside for fun activities, it’s really essential to start saving money as early as you can.


3. Take your job seriously

With so many people looking for jobs, you probably have at least one friend who is living at home with his or her parents, or hasn’t had a job for months. Many people are out of work by no fault of their own (there just aren’t enough jobs in their field), but some people are out of work because they didn’t take their jobs seriously. You undoubtedly have a friend who partied too hard, came into work late too many times, or was just disrespectful or lazy too often. That friend is paying the price, and you don’t want to follow in their footsteps. Regardless of your age, or how far into your career you are, it’s important to take your job seriously. If you become too complacent, you could easily be broke in a few months.


4. Be wary of student debt

If you are considering a college education, be careful about which college you choose, because student debt is a huge problem for many people. According to USA Today, 71 percent of students took out loans in 2012, and the average student debt reached almost $30,000 in 2012. If you haven’t attended college yet, think carefully about what might happen if you amass a large amount of debt and then you can’t find a job to pay it off.

If you are years out of college, but you are considering graduate school, look around you. Graduate school might be the best bet, but there are many people who took on graduate school, or extra certificates, and are now drowning in debt and can’t pay those loans back. If you are considering paying for your kids’ college tuition, you also need to be think carefully about the amount of money you are willing to spend as well. As great as some expensive colleges are, sometimes at least starting at a more affordable school is a better idea


5. Don’t rush to get married

In no way should you avoid getting married if you have met the right person and you are deeply in love and ready to make wise decisions together. However, don’t rush into marriage without thinking carefully about how you want the rest of your life to pan out. Take time to consider important financial decisions before you get married. Determine if you plan to have kids, think about your savings goals and your work goals, decide if you want to rent or buy over the next few years, and figure out who will manage the money, and if you will combine your assets. You can always mutually change your mind later, but since financial disagreements often lead to relationship problems, you will be giving your marriage a strong foundation if you handle these issues ahead of time. Divorce can be very expensive in addition to being heartbreaking.

It’s great to have friends, and hopefully you and your friends will mostly heed these five warnings. However, whether you have a friend who experienced a nasty and expensive divorce, or a friend who didn’t take their job or bills seriously, you can certainly learn from them

6. Have integrity


http://www.cheatsheet.com/personal-finance/5-money-lessons-you-can-learn-from-your-friends-who-are-broke.html/?a=viewall

MrChukwudiChuks:
Lesson noted...


Land for sale.
location of the land is at Ospa London Lekki, Lagos.
it is a standard full plot of land (120×60m) and it's located very close to the Lekki express way. The land has an 8bedroom duplex on it with a structural defect. it could be demolished or fix by professional engineers

Price: N47million last price.

On the Land is an already built 8bedroom duplex apartment but it has some structural defect which could be corrected by professional Engineers or it would be demolished and that's why I'm selling it as just the land. I am in charge of it's sales.

Title: Deed of Assignment

Benefits for purchasing this property includes:
● Quick access to the Lekki Expressway
● Quiet Environment
● perfect for a school, office or residential
● Few minutes drive to Beaches, Shop rite and Malls
● Tarred road and Drainage system.
● Not water Logged

If interested in this property, we could scheduled a meeting for viewing and inspection.
Call 08101736162

Pls also add dat osapa London never get light since last year

Good points here. 1, 2, 3 and 5 especially.

When it gets bad, adapt. Its only temporal.

Nice write up

1.Start saving at least 15k per month if you earn from 80 to 100k.
2. Join a co-operative society at your work place where you can get quick access to soft loans with low interest on repayment.
3. Buying a land should actually come before a car if you earn between 80k and 100k, if otherwise (earn higher than 150k without family responsibilities) then go for your car.

rhema4u:
Barr. Phillip Butulezi
EMAIL: barrphbutulezi@myway.com
Hello,
I am Barr. Phillip Butulezi, an attorney of law to a deceased Immigrant property Magnate, who was based in the U.K, also referred to as my client.
On the 25th of July 2000, my client, his wife, and their two Children died in the Air France concord plane crash bound for New York. They were on their way to a world cruise.
Prior to that accident and since then, I have been managing Mr Schoeler's properties here in the U.K. Some of these properties, at the time of the accident, were already put on sale. I, as his attorney, monitored the sale of the properties, and the depositing of the proceeds into Mr Schoeler's main U.K bank account. I have contacted you initially to assist me in repatriating the money, and possibly ownership of some of the property left behind by my client; this is to prevent ownership of both reverting to the state. By U.K law, ownership of funds in current bank accounts unattended for six years will automatically revert back to her majesty's government treasury. However, the legal procedure to activate this takes about three months, of which there are just about two months left.
The bank has recently issued me a notice to provide details of any of Mr Schoeler's next of kin within a short period of time, this thereby triggers off the procedure of reverting ownership of the funds to her majesty's government. My Late client's main Uk bank account is valued at fifteen million, five hundred thousand U.S dollars ($15.5m). Since I have been unsuccessful in locating any relatives of my late client in the last six years; and with the bank indicating that they now wish to shortly start the procedure of reversion of ownership of the funds to the state, I now seek your consent to present you as the next of kin of the deceased, so that the proceeds of this account can be paid to you. And then you in turn can send me my share of the money. The ratio for the sharing of the funds will be fifty per cent (50%) to me, forty per cent (40%) to you, and ten per cent (10%) for miscellaneous expenses that might arise. I have all the necessary information that will be used to back up any claim we may make..
All I require is your honest co-operation and confidentiality to enable us sees this deal through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Trust me, as Mr Schoeler's attorney; this is a risk-free transaction. Please send me your full names, address, and your telephone and fax numbers to enable us discuss this matter further.
I very much look forward to a swift response from you.
Kindest regards,
Barr. Phillip Butulezi

4110 newest edition, dnt get anybody involve pls enjoy the money alone,9ja dudes & chic's are wise now,so sorry t disappoint you

The peer pressure part almost got to me. Instead of buying a car for business I almost bought a Toyota spider lol. Thank God I retraced my steps. More profits now lol

Your Life drama

kaima1984:
4110 newest edition, dnt get anybody involve pls enjoy the money alone,9ja dudes & chic's are wise now,so sorry t disappoint you

All I require is your honest co-operation and confidentiality to enable us sees this deal through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Trust me, as Mr Schoeler's attorney; this is a risk-free transaction. Please send me your full names, address, and your telephone and fax numbers to enable us discuss this matter further.
I very much look forward to a swift response from you.

ifyalways:
Copy and paste.

Student loan does not " apply" in Nigeria. Thank you

Emancipate yourself from 'local mentality'. So you don't know that there nairalanders living abroad?

Briareos:
Damn!

Another silly copy and paste article. The job situation in USA is quite different from that of Nigeria? Why can't our bloggers sit down and pen something original for a change.

You'll see the same article circulating round the Nigeria cyberspace; nairaland, Lindaikeji, facebook etc

No wonder it's so easy to disseminate misinformation in Nigeria. One blog will concoct a fake story, the others will lash at it like parasite.

Happy birthday.

Joavid:

Happy birthday.

Thanks.

Op number 4
Dont get it
How dies that help nigerians .. Not all are in usa u know n besides ur mis informing people


U can take out loan its part of uni life , and depending on where you are , you dont pay back the lian u till u have a job that oays well enough to cover the debt and ir is paid monthly ..

But if its directed at just those in usa den fine
Lalasticlala should have modified it before hitting FP

rhema4u:


All I require is your honest co-operation and confidentiality to enable us sees this deal through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Trust me, as Mr Schoeler's attorney; this is a risk-free transaction. Please send me your full names, address, and your telephone and fax numbers to enable us discuss this matter further.
I very much look forward to a swift response from you.

I laugh in French,bro leave dis English, do it with ur brother or sister so that u too will b rich,broke ass looking for who to defraud

kaima1984:
I laugh in French,bro leave dis English, do it with ur brother or sister so that u too will b rich,broke ass looking for who to defraud

Sweetiepie, I remember when these mails were rampant......

rhema4u:
Barr. Phillip Butulezi
EMAIL: barrphbutulezi@myway.com
Hello,
I am Barr. Phillip Butulezi, an attorney of law to a deceased Immigrant property Magnate, who was based in the U.K, also referred to as my client.
On the 25th of July 2000, my client, his wife, and their two Children died in the Air France concord plane crash bound for New York. They were on their way to a world cruise.
Prior to that accident and since then, I have been managing Mr Schoeler's properties here in the U.K. Some of these properties, at the time of the accident, were already put on sale. I, as his attorney, monitored the sale of the properties, and the depositing of the proceeds into Mr Schoeler's main U.K bank account. I have contacted you initially to assist me in repatriating the money, and possibly ownership of some of the property left behind by my client; this is to prevent ownership of both reverting to the state. By U.K law, ownership of funds in current bank accounts unattended for six years will automatically revert back to her majesty's government treasury. However, the legal procedure to activate this takes about three months, of which there are just about two months left.
The bank has recently issued me a notice to provide details of any of Mr Schoeler's next of kin within a short period of time, this thereby triggers off the procedure of reverting ownership of the funds to her majesty's government. My Late client's main Uk bank account is valued at fifteen million, five hundred thousand U.S dollars ($15.5m). Since I have been unsuccessful in locating any relatives of my late client in the last six years; and with the bank indicating that they now wish to shortly start the procedure of reversion of ownership of the funds to the state, I now seek your consent to present you as the next of kin of the deceased, so that the proceeds of this account can be paid to you. And then you in turn can send me my share of the money. The ratio for the sharing of the funds will be fifty per cent (50%) to me, forty per cent (40%) to you, and ten per cent (10%) for miscellaneous expenses that might arise. I have all the necessary information that will be used to back up any claim we may make..
All I require is your honest co-operation and confidentiality to enable us sees this deal through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Trust me, as Mr Schoeler's attorney; this is a risk-free transaction. Please send me your full names, address, and your telephone and fax numbers to enable us discuss this matter further.
I very much look forward to a swift response from you.
Kindest regards,
Barr. Phillip Butulezi

You must be a very stu.pid sperm,idiot! I can't believe Nairaland is allowing fraud on its website.

rhema4u:


All I require is your honest co-operation and confidentiality to enable us sees this deal through. I guarantee that this will be executed under a legitimate arrangement that will protect you from any breach of the law. Trust me, as Mr Schoeler's attorney; this is a risk-free transaction. Please send me your full names, address, and your telephone and fax numbers to enable us discuss this matter further.
I very much look forward to a swift response from you.

Stop acting like an untrained bastard. Make money legiitmately, THINK!

Sacluxpaint:


You must be a very stu.pid sperm,idiot! I can't believe Nairaland is allowing fraud on its website.

Why calling names? What's wrong with you? Can't you take a joke? Are you okay?

Sacluxpaint:


Stop acting like an untrained bastard. Make money legiitmately, THINK!

You don't know me from any where are you are raining abuses. Do you know what I do? Do you know who I am? Next time you want to rain abuses think twice. If I wanted to scam you there are easier ways! I am an ethical hacker, a developer and programmer. What other legit way is there to make money? Please don't get on my nerves.

rhema4u:


You don't know me from any where are you are raining abuses. Do you know what I do? Do you know who I am? Next time you want to rain abuses think twice. If I wanted to scam you there are easier ways! I am an ethical hacker, a developer and programmer. What other legit way is there to make money? Please don't get on my nerves.

Sorry for the attack, but I hate fraudsters to the bone marrow. I don't know about you.

Sacluxpaint:


Sorry for the attack, but I hate fraudsters to the bone marrow. I don't know about you.

I was only remembering the days these mails were rampant. I don't like their activities , it's just nemesis man, steal from one, another steal more from you. Why should someone want to do that? Desperation!

rhema4u:


Sweetiepie, I remember when these mails were rampant......

Dearie dnt mind that idiot,him no kW say all d bobos n chic's don wise like king Solomon

Linqsz:
So how am i to start saving from my #19,800?


Funny life; we try to save,yet we save to spend.

Otondo!