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Showing posts from August, 2023

11 PRACTICAL STEPS TO LIVE WITHIN YOUR MEANS

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Table of Contents living beyond one's means   11 practical steps to live within your means conclusion LIVING BEYOND ONE'S MEANS In case you are wondering what this implies, don't sweat it. When you live within your means, you are simply making sure you have regular savings, that you spend just what is enough to take care of your genuine needs and  exercising disciplined dialogue with your inflows and outflows management. In simpler terms, it suggests having a tight grip over your spending habit. It also shows that you are carefully budgeting your expenditure and planning ahead of time before you embark on any form of expenditure. 11 PRACTICAL STEPS TO LIVE WITHIN YOUR MEANS 1.  GIVING PRIORITY TO SAVING "Do Not Save What Is Left After Spending, Spend What Is Left After Saving" How aptly this famous personal finance  quote by globally-respected American business magnet Warren Buffett , captures this theme perfectly. It obviously seeks to correct a common

NOTHING VENTURED NOTHING GAINED : 7 JUSTIFICATIONS FOR TAKING RISKS

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Topics introduction to risk-taking 6 justifications for taking risks conclusion INTRODUCTION TO RISK-TAKING When you throw a cube or particles of sugar on the ground, you are directly issuing invitation to ants to come out and party. When an incident occurs, whether it's the unremarkable or special kind, it attracts three kinds of people: Those who do nothing about it; Those who play safe as they dialogue with it;  and, Those who boldly take risks to resolve it. THOSE WHO DO NOTHING  Most ideas may be beautiful on paper. If you are a talented Writer you surely know how to use the power of description to make words metaphorically come alive on pages of your script. Better still if you are a poet  Your use of imagery could virtually make a wish to become a horse. But mere words is all it is. A dream.  An imagination at best. And that's all it remains and where it ends. If you do nothing about it. When you are inactive life passes you by. You are comparable to a mere bystander, or

7 STEPS TO SET EFFECTIVE FINANCIAL GOALS FOR SUCCESS

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  Table of Contents. navigating the surface of thin ice 7 steps to set effective financial goals for success conclusion                    NAVIGATING THE SURFACE OF THIN ICE You know, life is very much comparable to a surface of thin ice. You have to navigate it with much care. Doing that's really not all that easy for some of us, especially when we are still young, possibly naive and ignorant about the dynamics of this world. Have you ever reflected on your earlier days, when you were younger and fumbling from pillar to post? I have. In those days I used to be headstrong and careless. I was fond of giving undeserved priority to all the unimportant and irrelevant activities and shunned the really valuable and essential ones. Beats me what saving for a rainy day even meant. It never crossed my mind. Now, at the age of 59 for instance, there are things I know now that I do wish I did years ago. There are things I would have done better, or not even do at all. Actions I can

13 MONEY-SAVING SECRETS TO BUILD A SOLID FINANCIAL FUTURE

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  Importance Of A Saving Habit TOPICS saving money 13 money-saving secrets to build a solid financial future conclusion                   SAVING MONEY Saving money is a crucial aspect of personal finance management. It can be challenging for many, to say the obvious. Indeed, a lot of people find it difficult to save money or to avoid dipping hands into their savings. However, by applying self discipline and a few simple strategies, I believe that anyone can develop good money-saving habits. In this regard therefore, I would like to share with you these thirteen (13)  money-saving secrets that can help you to build a solid financial future. 13 MONEY-SAVING SECRETS TO BUILD A SOLID FINANCIAL FUTURE 1. CREATE A BUDGET A budget is a powerful tool. It is your expenditure and income record and guide. It helps you to  track your spending and identify areas where you can cut back on spending. You should start the process by tracking all your income and expenditure for a month, then cre