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We want to connect the people who have knowledge to the people who need it, to bring together people with different perspectives so they can understand each other better, and to empower everyone to share their knowledge.
Motivational books will always say, “knowing your strengths and working on them will always make your decisions sounder”. The question here is, how can someone start a journey to this self-awareness?
Motivational books will always say, “knowing your strengths and working on them will always make your decisions sounder”.
The question here is, how can someone start a journey to this self-awareness?
Read lessProfessional assignment services play a vital role in contributing to your success. For those struggling with time management, they have a team of dedicated writers who complete all your assignments within the given timeframe so that you don’t miss out ...Read more
Professional assignment services play a vital role in contributing to your success. For those struggling with time management, they have a team of dedicated writers who complete all your assignments within the given timeframe so that you don’t miss out on your deadlines. Additionally, the Assignment Writing Service contributes to your academic success by providing quality assignments that are error-free, relevant, and follow all the academic guidelines. They also help you understand complex topics, develop a better subject-matter understanding, and get good grades. Lastly, by not charging you hefty prices yet complying with all your guidelines and providing revisions, they aim to make sure you stay on top of your classes.
Read lessMany financial decisions we make most times are largely influenced by habits, trends and peer pressure but a smart person would consciously discipline himself/herself to invest in only things that will be beneficial even if it means postponing that trip, ...Read more
Many financial decisions we make most times are largely influenced by habits, trends and peer pressure but a smart person would consciously discipline himself/herself to invest in only things that will be beneficial even if it means postponing that trip, going for less expensive brands etc. All these constitute good financial habits
All those seemingly insignificant financial adjustments you make determine your financial health. Those small decisions alter turns into bad choices add up to debt, regret, and major issues in the long run.
It is never to late to become conscious about your financial health and prioritize necessities over wants.
First take out your fixed expenses [e.g rent, phone bills, taxes etc] as soon as your income arrives. This will help you know the directions of your expenditure.
When you have done all these and there is money left, allocate at least 20% of the general sum to savings and investment and adequately plan the days and weeks with whatever is left.
When you find yourself about to make an unbudgeted spending or overshoot on the price of the commodity, take a second to reconsider . At the very least, it is essential to build up a restraining habit to avoid impulsive spending.
Set out a certain percentage from the point salary enters. Platforms such as Piggy Bank or V Bank
You can activate automatic saving at a certain time in the month, or opt for longterm money lock savings plans. Ideally, you will need to consider having a pension plan for retirement money.
Nearly everyone has the urge to make an impulse purchase. That could be a little as a portion of emergency food. Consider whether each regular purchase you make makes gives you happiness. If it doesn’t, and you’re just buying out of impulse, consider overlooking the purchase and spending the money for something else.
It’s OK to say No or enquire about the availability of an alternative. Sometimes spending money simply because we don’t to look inferior to our friends, family, and colleagues is a bad step to tow.
Dont feel obligated to always do what your colleagues are doing even if its in gathering. That family vacation could be postponed as well if you see it will cause a strain to your pockets. Spending money to keep up appearance is a very bad habit that should be curbed.
Author: Iwuala Chimezie Bellarmine.
Read lessA few days ago, I asked question on how to stay anonymous while downloading on Torrent. I got a few responses and followed the response I got religiously. I hit a snag because at some point my download speed became slow ...Read more
A few days ago, I asked question on how to stay anonymous while downloading on Torrent.
I got a few responses and followed the response I got religiously. I hit a snag because at some point my download speed became slow on the download, at the same time, every other software was still flying at their normal speed.
I got to realise that it was because Torrent slowed it down cos my IP has been identified, I just had to end the download.
What can I do to prevent this slow measure from repeating itself?
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Bitcoin’s movement in the crypto market lately has been very volatile. The rally this year has hit a speed bump putting it on track for the worst weekly drop ever in almost a year amid wider losses in risk assets. The ...Read more
Bitcoin’s movement in the crypto market lately has been very volatile. The rally this year has hit a speed bump putting it on track for the worst weekly drop ever in almost a year amid wider losses in risk assets.
The largest cryptocurrency in the coinmarketcap this week slumped as much as 20%, the most since March 2021 and is now holding for about $45k as of the time of this post. This has also affected other currencies connected with it (Ethereum and Binance) as seen from the graph below.
The drastic fall and rough patch for bitcoin comes amid wider chaos in the global markets, as a surge in bond in turn implies growing expectations that inflation are also moving higher and forcing market traders to reevaluate the value of their assets across multiple platforms. By now, it is not longer news that Elon Musk’s Tesla lost about $15m as Tesla’s stocks declined. This is also as a result of this weekly drop
Asset risks are taking a toll at the moment, and we’re seeing stocks slide and crypto is also following, this is because somehow, cryptos are still controlled by the physical currencies. Little wonder central banks of many countries in the world are not in full support yet. The dollar is strengthening which is a good indication to expect a slide in bitcoin and other cryptos.
Bitcoin’s weakness in the face of market fluctuations raises serious concerns and questions as to whether it is suitable to hold value and hedge inflation. This is a growing talk in the community of stakeholders and proponents of the use. Detractors have maintained that the digital assets’s surge is a speculative bubble and it’s destined for a repeat of the 2017 boom and bust. (A rollercoaster I will never forget).
What do you advise holder of Bitcoin to do?, leave your comments
Read lessHere are 5 tips to follow in writing a song As you write, if the words or lyrics don’t make sense to you, simply change it Have a simple chorus everyone who listens to your song can easily remember Do not repeat the ...Read more
Here are 5 tips to follow in writing a song
Many small businesses in a few years fold up due to mismanagement of funds, the owner of founder might have little knowledge about finance and can’t afford to get an accountant. Many of them have challenges with ...Read more
Many small businesses in a few years fold up due to mismanagement of funds, the owner of founder might have little knowledge about finance and can’t afford to get an accountant.
To keep business moving, you need money to cover expenses. Let’s get to it;
1: Don’t mix your personal finance with business finance:
It is important you’ve a separate account for your business as it won’t lead to impulse spending or using the money for something else entirely and promising yourself you’ll return it, but you don’t end up doing that.
Resist the urge to join them together, or it’ll create a mess you might find it hard to clean up. Having a business builds credibility and may help in future when you need funds for your business.
2: Gain knowledge on accounting:
You don’t have to study it in a school, you can watch few videos on YouTube, sign up for a class.
Just get the basic knowledge pending the time you’re able to afford an accountant. The better you understand how finance works, the more you get to make smart decisions regards your business.
3: Choose how to keep your financial records:
How do you intend to keep the records of your finances? You can use applications online, you can decide to keep manually (paper records) Which ever you choose, make sure it’s safe and can be retrieved easily in case of unforeseen circumstances.
4: Track your finances often:
Schedule time to check your finances, when you set goals It’s important you take a break and check if you’re on the right path. It could be every end of the week, or every month end, whichever works for you. Choose a time suitable for you.
Finally, managing finance in small businesses is important, if funds are mismanaged it can be dangerous for the business. Keep these useful tips in mind before and after starting a small business.
Read lessFootball is the common language the world understands
Football is the common language the world understands
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Personal finance is one of the most essential skills you can learn When we talk about understanding how to manage money. However, without any guidance it is difficult for us to understand the value of handling our money and using ...Read more
Personal finance is one of the most essential skills you can learn When we talk about understanding how to manage money. However, without any guidance it is difficult for us to understand the value of handling our money and using it to make even more. The Internet is an excellent source of information about personal financial management. You can find ten articles with information you need to know.
To begin, you need some easy-to-read books that will explain you the basics of financing, the best way to save money, and how to pay off your loans.
1: RICH DAD POOR DAD by Robert Kiyosaki
Kiyosaki shared what he learned from his father and his friend’s father, whose father is “Rich Dad” in the title. These lessons include how you don’t need to make a lot of money to get rich, define assets and liabilities, and explain to parents why the school doesn’t teach your children about personal finance.
2: THE AUTOMATIC MILLIONAIRE by David Bach
The book begins with the story of a couple earning $55,000 a year and how they realized their financial dreams. Think about it: Owning two houses, letting their children go to college, and retire with a $1 million pension at the age of 55. secret? Establish a financial system that not only pays yourself first, but also pays automatically.
3: THE SIMPLE PATH TO WEALTH by JL Collins
Collins originally wrote it as a series of letters advising his daughter. He shared his investment philosophy and why he was wary of traditional strategies.
4: WOMEN & MONEY by Suze Orman
If you are a woman then you should read this informative book, which’ll guide you on how you must take care of your finances, also financial tips
5: THINK AND GROW RICH by Napoleon Hill
Hill took his time to explain the formula in a way every layman can understand. It is not entirely designed to make someone financially successful, but to succeed in all aspects of life.
