In line with my promise in my last article, that I will outline steps to help you save a portion of your income, this article will be dedicated for that purpose. I hope you will enjoy reading. Before I go on however, I will like to stress the fact that it is not enough to read this article, you must put into practice what you will read in order to effect a change in your financial fortune. I know you are interested, the steps are as outlined below:
1. Always plan your expenses for the month: If you have been working for sometime, it should be easy for you to estimate amount needed for your basic needs for the month. When you make your plan, always do it in such a way that you still have at least 10% of your money for savings. A reference book for this information, which I think you should read, is the book titled THE RICHEST MAN IN BABYLON. It explains in details all about “paying yourself first” which is another term for saving.
2. Avoid impulsive purchases: It is common for people to buy things they did not budget for. This happens impulsively and financial resources are wasted as a result of this. One needs to be disciplined to avoid impulsive purchases that waste resources. It is important to develop the right mindset for this to be possible.
3. Make saving an expense: When planning your expenses for the month, experts advised that saving should be one of the things you plan for . It should be planned as part of your expenses for the month. If this is done correctly, you will not struggle with how to remove this amount dedicated for saving anymore. Little drops of water makes a mighty ocean, as you continue to practice these steps you will eventually become debt-free and financially prosperous.
4. Be disciplined: I have come across people who are interested in being rich and prosperous but they lack the discipline required to make this happen. They dream of six figure income, but find it difficult to achieve their aim.It is very true that without self discipline to follow your plan, saving will be impossible and you will still remain in debt. Out of the four steps outlined here, the issue of discipline is the most crucial; therefore do everything possible to attain self discipline. Thanks and God bless.
The blog highlights the success principles and also features success and money making books, particularly those books i have read and have benefitted me immensely
Friday, July 15, 2011
Saturday, May 14, 2011
5 REASONS WHY YOU ARE NOT RICH YET
In the last article I wrote, I emphasized that it is God’s will for all of us to be rich and I provided seven reasons why I believed God wants us to be rich. Today I shall be dwelling on the reasons why you are not rich yet, despite the fact that you ought to be rich. The reasons are as presented below.
1. You don’t believe that God’s people should be rich: It is a common misconception among Christians to feel that one should not be talking about money. Many people take the teachings of the bible concerning money out of context. For this reason they don’t like talking or discussing money and riches. If this is true with you, it is certain that you cannot be rich
2. You never define the amount of money you want: It is important for you to decide the amount of money you think will make you fulfilled.
3. You never make plans of how to get the money you want: It is not enough to define the amount of money you want, you need to make plans of how to get the money. You may need to acquire new skills which could be sold to obtain money.
4. You never follow your plans: Having made the plans about getting money, it is important to follow the plan as much as possible. There may be needs to amend the plan as you progress. But if the plan was not followed nothing will happen.
5. You probably make plans that are abstract and not practical: If your plan is impractical or the financial goal appears intimidating to you, you will not follow the plan you have made.
1. You don’t believe that God’s people should be rich: It is a common misconception among Christians to feel that one should not be talking about money. Many people take the teachings of the bible concerning money out of context. For this reason they don’t like talking or discussing money and riches. If this is true with you, it is certain that you cannot be rich
2. You never define the amount of money you want: It is important for you to decide the amount of money you think will make you fulfilled.
3. You never make plans of how to get the money you want: It is not enough to define the amount of money you want, you need to make plans of how to get the money. You may need to acquire new skills which could be sold to obtain money.
4. You never follow your plans: Having made the plans about getting money, it is important to follow the plan as much as possible. There may be needs to amend the plan as you progress. But if the plan was not followed nothing will happen.
5. You probably make plans that are abstract and not practical: If your plan is impractical or the financial goal appears intimidating to you, you will not follow the plan you have made.
Friday, April 29, 2011
CONGRATULATIONS TO ALL NIGERIANS
I congratulate all Nigerians on the success of the elections that were held in Nigeria recently. This has demonstrated that Africans are capable of ruling themselves and that we can organize free, fair and credible elections. I also congratulate the president elect, Dr. Goodluck Ebele Jonathan, for the role he played in achieving this great success. May God continue to be with all of us.
Long live Nigeria.
Long live Nigeria.
CONGRATULATIONS TO ALL NIGERIANS
I congratulate all Nigerians on the success of the elections that were held in Nigeria recently. This has demonstrated that Africans are capable of ruling themselves and that we can organize free, fair and credible elections. I also congratulate the president elect, Dr. Goodluck Ebele Jonathan, for the role he played in achieving this great success. May God continue to be with all of us.
Long live Nigeria.
Long live Nigeria.
Wednesday, May 5, 2010
IT IS TIME TO DELIVER QUALITY CONTENTS
I am sorry that for quite some time i have not been able to make any post on this blog. I want to asure all my readers and fans that i am ready for actions now and we shall have nice moments to spend together.
Your,
Omolade Akingbade
Your,
Omolade Akingbade
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