MAKING MONEY ISN’T GOOD

Making money isn’t good enough, using it well is;

Money – something generally accepted as a medium of exchange, a measure of value or a means of payment. As attractive as the thought of spending money may be, no one can wish wealth into existence. However, what’s even harder than making money is growing and sustaining it. Like friendship, money is easier made than kept. There are so many fine things of life to indulge in, insatiable wants to satisfy. Which is why, the real problem lies, not in finding money, but in utilizing it wisely. Sooner or later, that hustle would surely pay, but when it does, how do you build on it?  

Why it seems like money is never enough.

One reason could be a lack of clarity

Ambitious people have visions on where they are heading to, this helps them set their priorities right. When you don’t know where you’re going, definitely you won’t know how to get there.  Herein lies the reason we see individuals who put in the work, earn a substantial income, and yet are unable to achieve any tangible financial growth. The key is to be clear on your goal. Ask yourself: What kind of future do I desire? Once this is identified, the next step would be to set the plan and focus on the goal.

A second reason is an inability to set boundaries

A wise man once said that “the little leaks can sink a great ship.” 2k here, 5k there on frivolous items, an extravagant lifestyle, acquiring things of no value just for immediate satisfaction, failure to live within one’s means – all of these could qualify as “little leaks”. Setting boundaries and saving money may not be the easiest thing to do, but trust me, it is definitely one of the smartest. It actually keeps you in check and prevents unnecessary spending, allows you know where your money is going to and how best to use the money. Disciplined spenders are more often than not, better prepared for the rainy day.

Lack of awareness about how money works

Most people have money but don’t know how to use it, which results in a stunted financial growth. Lack of awareness on how money works, how to save, how to invest, how to avoid bad debts etc. can make one a typical example of “Money miss road.” Having money is good but do you have what it takes to sustain the wealth? Don’t leave this to chance. Reach out to a financial expert today. Your future self will thank you for it. Our team of professionals are just a dial away to deliver the best financial advisory and products to get you on the right path. The last thing you want to do after making your money is to watch it all drain away. We can work with you, starting with what you have to gradually build what you want. Ready?