STRATEGIES FOR MAINTAINING FINANCIAL STABILITY

in #hive-1784374 days ago

Hello everyone.

I'm so happy to be here again.

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I think maintaining financial stability is one of the best thing we should consider. most especially now that the economy is very bad all over..most of the earners, the little the earn some times it couldn't be able to buy food stuff ‘s talk More of savings…

You see things are very hard these days but not for all tho ..most of us are still suffering up till date why because, the little money we earned we don't think of something, we don't plan, I know things are hard but better still you need to invest in something if though,is not something you will be earnering much at least you can get your little income, that will sustain you for some times before your next move..

You don't need to have much before you survive, is how you plan and use your money, don't spend much because your friend's are spending much, stop competition, that's where most of us are suffering till date, imagine you use all the money you are having and buy what you friend bought , what's your plan, how can you be financially stable when you don't have plans.

HERE ARE SOME KEYS I WILL LOVE US TO LOOK AT..

1: INVEST IN YOURSELF

You don't need to depend on one thing, don't kill yourself doing everything just be wish and do the right one, having more education ,more knowledge and skills can support your career advancement, be creative…

2: SPEND WISELY ..

You don't need to wear the most expensive clothes before people will know you are rich, if you look at some people these days it most of fake life, which is very wrong, as a human being you have to spend everything no matter what, you can budget the amount you will spend in a day.

3: PAY OFF DEBT’S ..

If you owned someone try your possible best and pay that person off , because you will be running away from that person till you pay him off or he can even get you arrested which will cause you a lot and can also bring shame to your families, which is very bad ..

4: PLAN FOR RETIREMENT ..

This for our work's, you are working you think you will be there forever, you haven't build your house no investment just spending money up and down, you think that's life , before your retirement you don't even bring someone from your family who can replace you, thinking he will be better or richer than you someday, you need to plan for it before is to late, I experience it so many times..

IN CONCLUSION!!

Because your parents didn't gave you a life you always wanted, you think you will blame them for it , never, you can change the story make them proud.. invest, take risk but be Wise..
I prayed we all make it in life!!

THANK YOU!!!!

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Spending to impress the public is the easiest way to drive to poverty because at the end you can not impress everyone and you'll end up spending unnecessarily and go bankrupt..
Thank you for sharing @fantasy001

Thank you so much sir

Planning for retirement is a sure way to living a comfortable life at old age. Nice piece sir👍 @fantasy001

Thank you sir🙏