It’s not even easy to get $1k talk more of $19k, however, what do they say about money that’s unplanned for? It is spent on frivolities. Does that mean that I won’t spend anything on frivolities? Of course, not. I in fact love it because why not? Life is to be enjoyed, my people.
My dad’s house has been incomplete for a while now, and from the level it has reached, a sum of $4k will complete the construction. So, let’s allot that amount for that. Will I give my dad the money? Of course. I will give it to him so that he can call the engineers to resume work immediately.
The duration of completion will definitely be more than a week, but within those 7 days, all the items needed will be completely bought, and the workmanship wages will be sorted.
Debit: $4k
Balance: $15k
On to the next, my mum’s mini restaurant needs to be awakened. For some reasons, especially relating to the current economic brouhaha, my mum’s mini restaurant is currently on break. So, first. We are spending a total $1.5k on food items that she needs. We are stocking up her store with all the raw food items that she would need to get started. Also, we will rent a space in a strategic area for her business to boom. How long will this take?
Buying the food items will not even take time. As for the store location, I’ll give the money to her so she can make the payment when she finds a place.
Oh, I missed out employing two extra hands for her, so it’ll be easy to get started. The store rent, and all other things needed to be sorted, $2k will be just enough to sort all those.
Debit: $2k
Balance: $13k
Alright, next. I have another mum that I really will spend on too. To make her store boom, $1k will go into stocking up her shop with goods so that she’ll start selling in packs and wholesales rather than retailing. This wouldn’t even take much time too. We have the address of the people we will buy from already, so it’s easy to just find a vehicle to the store, buy the items, and take them home to her shop.
Debit: $1k
Balance: $12k
It won’t make sense if after spending all the money, I’ll be back to zero, right? I should invest on both assets, myself, my siblings. So, savings? Nah. Investment? Yaay.
There are some stocks that I’ve been eyeing for some time now, but for lack of cash, I couldn’t even think of buying any. So, the first growth stock on my mind, I’ll buy $500 worth, then spread a total of $2500 balance across ETFs, Nigerian stocks and crypto.
Debit: $3k
Balance: $9k
I will pay my rent and furnish my one-room apartment ($500 because I already bought some of the items I need). I’ll take some professional courses in data analytics and take some professional exams in the field ($1k based on current need). Within a week, my room will be all set, and the courses will be registered. I just need to pick a favourable date to prepare well beforehand.
Debit: $1.5k
Balance: $7.5k
I’ll share a total of $6k among my siblings. The details of what they’ll use it for is already written, execution is all that remains.
The balance $1500, let’s spend some on skincare products, touch my wardrobe a little bit, go to spa, buy some financial literacy and self-improvement books, and enjoy the rest as much as I can.
Total debit: $19k
Current balance: $0.00k
This is my entry to InLeo prompt for today. The detail is here
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