₦airaland Forum

Success4a:
how does that affect me

the value of your savings is eroded your 40k on deposit is different on withdrawal

Success4a:
how can I go about that?

let's start with personal finance book challenge

Dhoyinzyjnr:
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Lovelive:
So interesting

thanks!

Success4a:
I work with a small firm has an employee

you need to start selling your service

Success4a:
well done mr marketer

mr success inflation decreases the purchasing power in the money you have in the savings account

Success4a:
hmmm! the marketer at work

what is your profession mr success

Success4a:
why do savers are loosers?

you savings is lost through inflation and taxes?

Success4a:
how does that affect my careful spending

you can't move forward what you need to do is to think of how to increase your means through assets

Success4a:
I have questions to ask uprof

go ahead and ask your questions

Success4a:
I have problem getting along with people, what can I do

you need personality development

Success4a:
I'm ready

all you need is mind reprogramming for financial education

Success4a:
how does does inflation and taxes affect my savings

Inflation erodes the value of your money in the bank. You 40k in your account last December is not the same now on Withdrawal

Success4a:
how does inflation and taxes affect my income?

Inflation decreases the value of money in your account. Your 15k deposited last year is not the same on withdrawal this year

Success4a:
why did you say I didn't safe money in the bank?

your savings is lost through inflation and taxes

Success4a:
how can I improve on my earning potential?

you need financial education

Success4a:
how does careful spending make me poor. I'm not convinced

increase your means through assets instead of cutting cost on things that make you happy

Success4a:
how does careful spending make me poor! I'm still not convinced?

you need increase your income through assets

Success4a:
I'm ready prof!

you need to reprogram your thinking about money. That the first thing

Success4a:
how does inflation and taxes affect my savings?

inflation reduce the value of the money in your account. Your 20k on deposit last year is not the same on withdrawal because of time value of money

Success4a:
I'm a marketer

Do you work independently or for company?

Success4a:
I'm an accountant

how do you sell your services?

Success4a:
I want to know

savers are loosers

Success4a:
how does inflation affect my take home

inflation decrease the value of money in the bank, your 10k naira on deposit is not the same on withdrawal

Success4a:
I'm ready

what is your profession if I may ask?

Success4a:
what do u mean by thinking positive and negative

if your thinking is about cutting down cost, that is negative thinking if yours is to look for a better ways to increase your means, that is positive thinking