Money earned is an opportunity. But when we spend it all without investing and/or saving some, we may begin to ask ourselves where all that money went. Below are 4 simple-but-effective principles that will help us make the most of our money, no matter how big or small it may be: Save at least 10%…… Continue reading 4 Principles For Getting The Most Out Of Your Money
Tag: savings
One Thing You Must Consider Before Cutting Costs
Cutting costs is one way to boost savings. But cutting costs does not mean one should cut ones nose to spite ones face. In other words, before you decide to cut costs, determine the potential opportunity cost, that is what you stand to lose if you cut the cost and save some the money. If…… Continue reading One Thing You Must Consider Before Cutting Costs
‘Things Are Too Hard’
That seems to be the latest trending statement in Nigeria these days. And people are not just talking. They are genuinely fearful about the way things are going. Eevn the big companies are cutting costs. the size of Gala sausage rolls has reduced. Even cheeseballs were looking a bit smaller to me the other day.…… Continue reading ‘Things Are Too Hard’
Dear Youth, Have You Started Saving For Your Future Children’s Education?
Dear Reader, you know that in Nigeria, getting loans is not yet what it should be. If it were, you would be able to easily get a loan for that new car as a student or that mortgage to buy your own plot of land. So, what you need to do is to help yourself…… Continue reading Dear Youth, Have You Started Saving For Your Future Children’s Education?
Some Wise Quotes About Managing Money
Some quotes to guide and inspire: 1. “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people that they don’t like.” – Will Rogers, actor and social commentator. 2. “Never spend your money before you have it.” – Thomas Jefferson, American Founding Father. 3. “Rule No. 1: Never…… Continue reading Some Wise Quotes About Managing Money