Hello everyone, good to share with everyone again. Congratulations to every Nigerian on our new government. The change we clamor wouldn’t come overnight or by the government if we don’t take responsibilities in our various domain of influence doing our bit truthfully and dedicatedly to the progress our nation.
Let me leave story for tortoise and move to the main thing I want to share today.
For quite a while, I’ve been thinking about taking major steps concerning the financial aspect of my life but I just didn’t know how to go about it because in this life nothing just happens, Dangote didn’t just wake up and realize he’s the richest man in Africa. The amazing thing about our thought is that God most of the time places those type of thoughts on our heart and just orchestrates things to happen in the line of our thought that will then make us take actions towards them.
” If you can’t think or imagine it, you can’t see, feel or partake of it” – Adepero
As you all know if I find any good or interesting thing I wouldn’t hesitate to share with you so we can all grow and learn from one another.
One lovely evening like that I found Omilola Oshikoya’s Vlog “Pocket Finance ” I watched four videos and oh Lord, I’m yet to recover from all I learnt especially after taking the financial intelligence test. Let me share some things I learnt.
I discovered I’m in the accumulation stage of life (20-30 years) and at this stage, you need to have emergency savings/fund and savings for retirement, oh yes! You read it right retirement. It hit home, if you fail to plan you plan to fail, 20 years isn’t too young to start planning for retirement.
She spoke about financial goal setting. A goal is a dream with a deadline.
I will start saving henceforth is different from starting from June 2015, I will save #5,000 monthly and I will open a fixed deposit account for this purpose. We must have short-term goals (to be achieved within one year), mid-term goals (achieved within 2-5years) and long term goals (achieved >5years).
Our goals must be SMART that is Specific, measurable, achievable, and realistic and time bound.
She spoke on financial discipline, reading books on financial intelligence, budget and importance of saving.
What have you learnt recently?
What aspect of your life are you taking new steps towards making better?
I want to learn from you too and don’t hesitate to share.
Until next time, stay safe, stay healthy and love me with plenty prayers. I love you all.Xoxo 😀