It's that time of self rummaging and I had to ask myself some questions that I haven't yet answered myself but do you know my happiness?.
I know you my brain box family will help me with it. Lol π
The question goes like this:
What's does my daily expenditure look like?
Do I have a target on expenses and what to achieve on a day?
What are my income source availability?
My financial management?
Then Finally my Budget .
The past few months have been all about me and expenses, Buying of new things and the rest but why I brought it here is for us to discuss on the drastic change of my monthly bills and high cost of things in the market.
Having stated earlier,I'm a student and from what my bank statement tells me,I spent roughly or closely ... Guess the amount but it was a lot and I had to ask myself what things I bought with the money π€.
This actually pushed me into setting a target and asking people ways of savings. Little things matter when we put them into consideration.
You were caught in Razz like what's this picture all about.This is a whole lot that life goes around and in the course of discussion with my sister,She reminded me that I'm a student who doesn't have money and no source of income π,
Frankly speaking she sent me this pics as a gentle reminder but guys it speaks a lot of how much we needed to go in pursuit of the paper.
I sat myself down one Saturday evening with a cup of milkshake π₯ and started pondering on what my life would be,Whether crumbled if I didn't plan to save little at this age and present economy.
Here's the breakdown of my budget after I gulped in all my drinks and a thorough mind reflection πͺ.
I decided to cut down my expenses according to my earnings which I knew buying of clothes was among my biggest setback but I managed to cut it down a little..
A good percentage went to feeding because ugh π© what's my life without food. π₯ And also a reasonable amount for buying of texts and academic materials then finally Small portion for miscellaneous,You knowπ€
Savings,Like I once heard from my colleague that you can be saved from what you saved up and I think this is true. Setting up a financial goals is crucial at this age, Knowing what you are saving up for and being consistent with it
One of the major ways I advice people including myself is to set a target account based on the amount you would like to realise at the end of the stipulated time and also divide the money into fragments to be saved up daily and I believe with this,We will be one step ahead.
Things like what I presented in this picture matters a lot, Creating a target account and the amount to be deposited or debited each day into it can go a long way to assist in financial management and my brethren I would love to say that with these I can stop here.
Your opinion is highly recommended my dear families and let's catch up some other times. I will be waiting for you in comment section to add up to my quotient. Thanks π....And Do have a wonderful day ahead .
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STOPThis means a lot to me,I appreciate π₯°. Thanks a lot