Why? Your mind would have been used to getting things free of charge. Even if not free, your mind would be used to the works you do to get paid and it will automatically not make you feel responsible for catering for yourself…
for the fact that a prisoner is freed from the prison is still no guarantee that he can now do what he couldn’t do while in prison– Sam Adeyemi
Table of Content
You Don’t Plan
Picture that last time you got a handful of thousands. Oh! Yes. I get you this time around. You kept spending as needs come till your account got blank.
You and Bae went out for launch in the beach and you make few shopping. Oh! The latest Nike jumper was out….. Voila! Fuuus! Bank debits piled up. Balance??? Lo
- Put your crucial needs at the topping list and sensitively.
- Sieve off those unnecessary wants.
- Plan for cases of emergencies; important transactions
- and even cases of speculations.
- Plan to section out a 10% portion to save.
Then you are good to go. If you pay tithes, go for it.
See! Planning increases the value of that money. You’ll begin to assume that you’ve just performed a magic in increasing your money value. There’ll remain more than enough to boast off.
P. S. Spend only with the guide of what you have planned.
You Don’t Save Anything from Your Allowances
‘How much do I get?’
‘Hell ya! Nothing remains that I can save.’
Fine and you end up being a broke dude. Do this. Imagine you deducted 10% from that allowance to save,
Isn’t that better than end up being a broke worker serving the corrupt CEO in the nearest future? Yes. Because you might soon end up even worse than your parents. It’s a fact and not a ln intent to scare you.
Hey! Open a new Savings bank account. You must not touch the funds you’ll keep sending into the account account.
Keep piling up a 10%(or more) of your allowances there and see how Merlin magicalises your wealth….lol. You remember the epic movie?
Lol..That guy can pretty command few dollars out of your phone right now. You doubting me? You’d better come back to our business…😂
Save, save, save and save. Pretty well!
Are you in school? Cool! You know how your allowances come in. Suffer your character a bit.
Plan out the 10%(or more) regular savings and do not touch it. You touch it, you touch acid.
You Shift Financial Blames
As a student, have you ever thought that your parents refuse to send you funds for feeding and you blame them for it. It’s normal but harmful to your future.
It’s not your mistake to be born poor. But it’s your fault to die poor.– Bill Gates.
Ask questions, reach out to rich peeps on streets or campus, go online, invest in your ability and turn them into money.
Train your mentality to blame yourself for errors especially on finances even if you are not at fault.
By this, you are trained to think on how to improve on yourself, invest in yourself, discover favour opportunities, get ideas, reach out to people and lots more
Train yourself on how to blame yourself on any flaw or mistakes transpired by any party.
Giving Too Much
You have no Investment
Yes! You will end up being broke if you don’t put money in a business you love. Investing in yourself. No matter how you still work for the boss, you are still going to be broke.
Don’t think you are still safe if your family is rich. Circumstances change and shits happen a lot.
Select what you love doing and invest in it. Let it be one thing and if you fail, try again and again.
You Don’t Solve a Particular Problem for People
Fortunately, the best way you can get a larger portion of the circular flow of money is if you solve a certain problem.
Nobody will give you any money unless you provide a value which you are skilled in. I can et millions are looking for thousands of services to get help from and are ready to pay thousands of dollars with.
The person that’s still giving you money freely won’t give you no more in few years time. You need to find out what value you can provide to the society of you don’t want to be end up being broke.
Finding out Shortcuts to make more money
Shortcuts to get more money is cool but it will often cut short your capitals(if not your dignity). Get rich quick schemes are typical instances.
You cannot plan to spend well the money you earn through shortcuts. This money value of a thing is something more extraordinary. I guess you see the picture I’m trying to paint?
If you workhard and be smart with providing solutions to the starving audience, you can end up being the world richest within a short period of time.
Godwin Oluponmile is an Award-winning Writer and a full-time freelancer. He encountered great joy for Content Marketing. He’s a vast onlinepreneur who writes about Finance and Lifestyle also.
Whenever he’s not found playing with friends, he’d be catching fun with guitar, writing or researching on how to make IdeaFlavour visitors happier.