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How To Manage Your Money So That You Never Go Broke Again. - Career - Nairaland

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How To Manage Your Money So That You Never Go Broke Again. by Vantage2020(m): 2:09pm On May 26, 2020
How To Manage Your Money So That You Never Go Broke Again.

In the next few seconds, I will reveal to you a simple strategy that can help you manage your money effectively.

Have you always wanted to know how you can manage your money?

If you implement what I will share with you in this post, your financial story will change forever.

Are ready for this hot soup?

OK, Let's go there

Keeping or managing your money is the most important skill you will need when it comes to making money.

It is the bridge between making money and investing money.

If the bridge is faulty, your wealth destination will never be strong.

The truth is, some people don't have issues with making money.

Their major problem is with keeping it.

Can you imagine that?

The easiest thing about money is spending it.

No one ever learns how to spend money

Spending money is so easy my friend.

I've never met a man who doesn't like spending money.

My dear have you seen?

Well,

Some people think that when they make more money, they will start keeping more of it.

That might not be true.

But Why you may ask?

OK, follow me closely

Parkinson's law states that the moment there is an increase in your income, expenses will rise to meet it.

Read that again..

Now very slowly

Do you even believe in that Law?

See, When your income increases, your expenses also increase.

There is a way money will enter your hand now , those your fine shoes you have will start looking old and you will want to change them.

It will be doing you some how in your eyes.

Some of you using android phones now, once money starts entering now, you now want an iPhone 11.

Just like that?

It's human nature!

But… It will not help you financially.

If you want to keep money…

Learn to separate your money into different accounts.

This is how I save..

10% of all my earnings goes to tithes. Iam very strong believer in tithing.

I save 50% into my financial freedom account.

I use 40% for expenses.

See, if you can't live on 40%, you need to go and earn mor. PERIOD

From my first 50%, 20% goes into an untouchable savings account.

20% is for investments and 10% is for my growth.

10% of growth is for buying books, seminars and everything that can help me grow.

From my 40% expenses, 10% is for" play "or doing the things I love, Iam hoping to join a golf club soon..

As my 10% gets bigger.

The bottom line is, budget your money properly.

When you budget your money, you can tell someone you are broke but you have money.

You are broke because you didn't include them in your budget.

This is one of the reasons our rich uncles are stingy.

Is not like they don't have money, you are not just in their budget...

And their is nothing they can do about it

What do this about this post?

Did you learn anything?

Chiemeka Valentine To Manage Your Money So That You Never Go Broke Again.

In the next few seconds, I will reveal to you a simple strategy that can help you manage your money effectively.

Have you always wanted to know how you can manage your money?

If you implement what I will share with you in this post, your financial story will change forever.

Are ready for this hot soup?

OK, Let's go there

Keeping or managing your money is the most important skill you will need when it comes to making money.

It is the bridge between making money and investing money.

If the bridge is faulty, your wealth destination will never be strong.

The truth is, some people don't have issues with making money.

Their major problem is with keeping it.

Can you imagine that?

The easiest thing about money is spending it.

No one ever learns how to spend money

Spending money is so easy my friend.

I've never met a man who doesn't like spending money.

My dear have you seen?

Well,

Some people think that when they make more money, they will start keeping more of it.

That might not be true.

But Why you may ask?

OK, follow me closely

Parkinson's law states that the moment there is an increase in your income, expenses will rise to meet it.

Read that again..

Now very slowly

Do you even believe in that Law?

See, When your income increases, your expenses also increase.

There is a way money will enter your hand now , those your fine shoes you have will start looking old and you will want to change them.

It will be doing you some how in your eyes.

Some of you using android phones now, once money starts entering now, you now want an iPhone 11.

Just like that?

It's human nature!

But… It will not help you financially.

If you want to keep money…

Learn to separate your money into different accounts.

This is how I save..

10% of all my earnings goes to tithes. Iam very strong believer in tithing.

I save 50% into my financial freedom account.

I use 40% for expenses.

See, if you can't live on 40%, you need to go and earn mor. PERIOD

From my first 50%, 20% goes into an untouchable savings account.

20% is for investments and 10% is for my growth.

10% of growth is for buying books, seminars and everything that can help me grow.

From my 40% expenses, 10% is for" play "or doing the things I love, Iam hoping to join a golf club soon..

As my 10% gets bigger.

The bottom line is, budget your money properly.

When you budget your money, you can tell someone you are broke but you have money.

You are broke because you didn't include them in your budget.

This is one of the reasons our rich uncles are stingy.

Is not like they don't have money, you are not just in their budget...

And their is nothing they can do about it

What do this about this post?

Did you learn anything?

Chiemeka Valentine

Re: How To Manage Your Money So That You Never Go Broke Again. by Nettybrown(m): 2:15pm On May 26, 2020
undecided

(1) (Reply)

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