Why do people who make a decent earning go broke? Why do people work so hard and yet come down to nothing just a few days after the months pay? Here are a few reasons and how to reverse this trend for yourself starting today.

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1. Inability to Differentiate between Needs & Wants

Yes, you've got to live a good life but the ability to differentiate per time what is a need and want will keep you from carrying an empty pocket and ending in desperation and debt. Needs are those things you cannot do without. For instance because the nature of my work, I cannot do without power and have to spend money on generating power when there is an outage. That is a need.

Wants are those things you'd love to have but do not make any significant difference in your life. For instance, if you have 2 pairs of shoes, getting an extra pair because you have a weekend ball is a want.

Surprisingly, a lot of people focus on their wants and look for means to satisfy the desire for these wants and end up overspending every single month. The result is a dry pocket. Differentiate between your needs and your wants and work hard not to satisfy your needs unless you genuinely have extra left to cater for it.

2. Depending on one source of Income

Creating a passive income is one of the ways to avoid going broke. But many people prefer spending money on several things that won’t put money into their pockets.

I know a business you can start with just 2k, but you need to learn the tactics to make money from it. But people would rather invest in things like partying and buying shoes and all.

One of the reasons why we invest is to prevent a dry pocket. The problem, however, is trying to invest in the overview of a quick turnover. Work at investing a certain percentage of your income every month on a long-term asset or a long-term investment programme that can work for your over time. For instance, investing in real estate every month, little by little is one great investment idea I love personally.

3. Ignoring Savings

It is very difficult to pull money together and takes a great deal of discipline to achieve. It is however very easy to blow it all off in just one moment of spending "madness"

First, work at your savings. Cut your expenses starting from now to allow you save at least 10% of your income every month. Just put it aside and forget it. If you save 10,000 Naira per month, you will have 120,000 Naira in a year, which is better than having nothing. The good news about having a careful savings culture is that after just 6months of doing it, you will begin to feel more confident, have more peace and less anxiety about tomorrow and you will know you have something to fall back on.

Another great advantage is that each time you save some more, you will watch your account grow a little more and this gets you ready for bigger opportunities. For instance, you can decide to buy a house after 5years, become a landlord, earn rent from your property while you still continue to work, save and make more money from property rentals.

Practice these 3 steps on a continual basis and you will gradually discover that you will stop getting broke, live a happier, less stressful life and in time move from a dry pocket to a fat bank account. If you need a passive idea that pays, you can check out this business idea that pays me.

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if you do not device a means to earn while you sleep, you will work until you die. -buffet.

See What Some Of Those That Have Learn About My Affiliate Marketing Strategies Are Saying

leppyj:
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MasterRahl:
I have bought the e-book and I must say it is quite revealing. It was delivered straight to my e-mail in PDF immediately I paid for it. I shaall start practicing what I've read in it this year. Procrastination is the thief of time.
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Jagaban I really admire your e-book,The cost of acquiring the e-book is no where near the content in it.Thanks for your support.

IsaacBuchi:



A lot of people dont appreciate when they are given gold. Some people are narrow minded...some refuse to think out-of-the-box. This guy has released in his ebook all you need to use your brain. I was shocked at the powerful content of the ebook. Every Nigerian deserves to read that gaddamn book. That book has the power to take half of Nigeria's population out of poverty.


This guyz ebook is a gold for Nigerians, I can testify to it- I bought the book. His ebook kept me glued in a chair for over an hour in a stretch- I was reading non-stop...amazed at how someone in Nigeria can release such a powerful idea that alot of people want to hide (and know only themselves).


This guyz ebook saves you years of trial an error. He takes you right past through to the main things. With his ebook, I dont see what should stop anybody ever again in Nigeria from doing and succeeding in online business. He has done the thinking for you, he has done the errors for you.


This guy is a blessing from heaven...this guy is gold...this guy is more of what Nigerians need...this guy is more than a master....this guy has love in his heart (through love indeed....i can vouch for this guy, over and over and over again.)


So please dont come hear to make comment and say "he is selling books of 3000naira". How much did you expect the book to be before. The book is worth over 50,000naira. If he tells you to pay 50k, can you pay it? How much is Facebook advert? $5 (what will Zuckberg do with $5?).


You should understand that he has created something of value out of a loving heart, he definitly should get some credit or reward. He is simply making money from doing what he loves. So why the side talk?


He is simply practicing what he preach- he is making money online. Something you can not do, something you dont know how to do...and he is willing to teach you for just 3000naira and you are complaining and thinking he wants to extort from you- because he ask you to pay him what he rightly deserves (absolutely crazy kind of thinking). But you will still be the same person to go to Night Clubs and spend 20,000naira in one night (invest in the right things). Some people just sit and watch success pass them by and later the begin to wonder why they are poor.


Please, I have said enough. If you are not interested in online means of earning a living, please, and please do not discourage others from taking a right step.


No hard feelings...just trying to correct you.

wonderiyke:
I have equally gotten mine. I got it within 1hr of completing the instructions in the sale site & contacting the Jagaban on phone. The book is quite revealing. I'm doing my best to comprehend. I wish the Jagaban could also do a video that can still be affordable for us.

wonderiyke:


Wow! I'm really blown away by your passion to see people succeed. Thanks bro and may your light burn even brighter this 2017. Happy new year.

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Gaskiya

youngwarrior:
if you do not device a means to earn while you sleep, you will work until you die. -buffet.

Fact

we ve heard(2nd time I am seeing this on Fp)

Why did u ask us to see source for more, When in actual fact there is no more

IMASTEX:
Okay

space booker how far ?

Sulemanial:
Gaskiya

kai mallam ya labari?

Ruhamah23:
Why did u ask us to see source for more, When in actual fact there is no more

by more, i mean to get started with something that will help you avoid being broke.

Guy man, hope its not bet9ja u have in mind?

LosVikingos:
I know of a business you can start now and earn straight away.

Doerstech:
It's normally 1) and 2).....But if you have (2), it will cover (1)..........

Not just because of Buhari TIME, But any man with responsibility shouldn't depend on one source of income we should all have other things coming in regularly especially with internet at our disposal

you have said it all.

U want save from what is not enough?

Pcstradamus:
Guy man, hope its not bet9ja u have in mind?

Check it out for yourself through the link embedded, you can make it through without a good writing skill, shoot me a pm for more info

Mugu

Hmm

And it made front page... Mods and op, if youths do not have jobs or any MEANINGFUL source of livelihood, what will they save

This is generic

dd

E de work for you na im you de find 2k abi?

youngwarrior:


space booker how far ?

Mentioner I dey

This guy again

op you're on point

Ruhamah23:
Why did u ask us to see source for more, When in actual fact there is no more

I noticed it is always a trick when they say you should see link for more pictures, etc. There is usually nothing more. Just play on words..

The smart ones save to re-invest... Contact me for the best saving plans. we got you covered.

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which business can 1 start with jst 2k