My poor dad always said to me, “Go to school and get a job.” While he had the best intentions, what he was really encouraging me to do was to grow up and mind somebody else’s business. In other words, become an employee and make somebody else rich. Regardless of who you are, one of the most important things you can do is to take responsibility for your own financial well-being by minding your own business. Your own business is the asset column on your financial statement.
Most people don't know where the money they earn goes. What percentage of your income goes to food? Transportation? Clothes? Just like in any successful business where you track the revenue and costs periodically, it is also important to track the expenses in our personal lives. Nigerian women have to become the CFOs of their financial lives and learn to take control of the income they earn now, instead of waiting for their incomes to increase in the future before they learn to manage money. Some women have no idea how much their lifestyle costs. She may not spend recklessly, but she subconsciously develops a habit of spending—good or bad. If you don't treat the money you earn with respect, it will leave you with no respect. We have to learn to spend with intention by allocating oure resources to reflect the lifestyle we want and are able to sustainably afford. Click Here To Download The Book
Comments
Post a Comment